Reviewed broker: LQDFX
Established in 2015
Location: Marshall Islands
Regulation: no
STP execution: yes
Deposit fees: for wire transfers less than $250
Security of funds: segregated accounts
Balance protection: yes
Awards listed on the site are only from 2017.
STP EXECUTION
LQDFX follows the STP execution model. This means that whenever a client of LQDFX places a trade, there is no dealing desk manipulation, no requotes and no conflict of interest. Every trade is placed in to the LQDFX aggregator which ensures the best price for your trade, provided by a number of top-tier liquidity banks.
24/5 CUSTOMER SUPPORT
LQDFX offers 24/5 multilingual customer support. Whether you would like to contact a representative via live chat, telephone or email, our customer support is available around the clock during business days.
Account, Payments and Trading Conditions
Account types: Micro, Gold, ECN, VIP, Islamic
MICRO ACCOUNT DETAILS
The Micro Account has been created for traders who are new to the FX Market and for traders who are looking to trade smaller trading volumes. The Micro account allows traders to start trading with an investment as low as $20 USD to be traded on the well-known MT4 Platform.
ECN ACCOUNT DETAILS
The ECN Account has been designed for retail traders who are looking to trade on raw spreads starting from 0.1 in an ECN environment. The account chargs a small commission on trades and is ideal for traders who like to trade short-term, which is why the account is preferred by scalpers.
GOLD ACCOUNT DETAILS
The Gold account accommodates traders who are looking to trade higher volume sizes, with the maximum lot size being 40 lots. The Gold account has extremely tight spreads with EURUSD starting at 0.7 with no commissions applying. Trade FX, Commodities, Metals & Indices.
ISLAMIC ACCOUNT DETAILS
The Islamic account mirrors the Gold account in all aspects from spreads, to lot size restrictions. The key difference with the Islamic account is that no swaps are applied at rollover times. The Islamic account can be made available in the VIP form should the minimum deposit be $25,000.
VIP ACCOUNT DETAILS
The VIP Account is tailored to high-end traders looking for the very best trading conditions on all products, one-to-one support and customizable trading tools. The VIP account starts with a minimum deposit of $25,000 with no restrictions to the maximum lot sizes. Ideal for the very best.
Maximum leverage: 1:500
Minimum trade size: 0.01
Minimum spread: 1 pip
Minimum deposit: $20
Payment methods: Wire transfer, Credit cards, Skrill, Neteller, Unipay, FasaPay, SoFort, iDeal
SWAPS: yes
Platform, Social Trading and Spreads
Trading instruments: FX, Indices, Commodities, Metals
Currency pairs: 47
Trading platform: MetaTrader 4
- Ultra-Fast Execution
- One Click Trading
- Depth Of Market
- Advanced Technical Analysis
- Advanced Charts
- Negative Balance Protection
MetaTrader 4 has established itself as the industry standard. Combining an intuitive user interface with a customizable feature-rich environment, MT4 provides everything a trader needs to chart assets, place orders and manage their positions.
Add to this LQDFX’s advanced trading infrastructure, competitive pricing, no dealing desk intervention and our superior order execution, and you have one of the most powerful combinations in online forex trading. LQDFX offers CFDs through MetaTrader 4 on forex, commodities, selected indices and spot metals. LQDFX also welcomes algorithmic traders. Use MT4 in conjunction with Expert Advisors to automate your trading.
Educational resources: yes
Customer support: 24/5 live chat, phone, email
How was the rating of LQDFX performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on LQDFX FX broker performance and features.
Overall our online LQDFX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online LQDFX or you find inaccurate details LQDFX broker review please get in touch with us and the changes will be applied.
