Liberty Reserve is a system based on e-currency accounts operated by Liberty Reserve SA (based in Costa Rica). It allows fast transactions, reliable and secure communications between members of the system. Customers can buy and sell Liberty Reserve e-currency, dealers and services via different exchange rates. One of the distinguishing features of Liberty Reserve, which gives the system an advantage over other similar e-currency is the option of privacy. Each selected transaction in the system may be denied by the account holder. Another interesting feature is the basis of expenditure portfolio, which allows the creation of segregated portfolios outside the main account to contain small amounts of money. These portfolios have separate security information to ensure better protection of the principal balance.
Since late 2006, Liberty Reserve has become one of the methods of payment are most popular among traders in many Asian, South American and African countries, because it does not require credit card or verification of bank accounts and is not strictly regulated by authorities. Many sellers-friendly Forex brokers list Liberty Reserve as a deposit / withdrawal option. Here's a short list of Forex brokers recommended that support Liberty Reserve:
- InstaForex
- FXopen
- Forex4you
- Masterforex
