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LQDFX Review

Edited by: Louis Schoeman

LQDFX Review

Overall, LQDFX can be summarised as a trustworthy Marshall Islands-based forex broker that uses a straight-through processing approach.  LQDFX focuses on client-centric service and offers excellent customer support.  LQDFX has a trust score of 75 out of 99.

🔎 Broker🥇 LQDFX
📈 Established Year2015
📉 Regulation and LicensesNone
📊 Ease of Use Rating4/5
🎁 Bonuses100% Bonus
⏰ Support Hours24/5
⚙️ Trading PlatformsMetaTrader 4
🖱️ Account TypesMicro, Gold, ECN, VIP, Islamic
🪙 Base CurrenciesMulti-currency
💹 SpreadsFrom 0.1 pips
💱 LeverageUp to 1:1000
💴 Currency Pairs71; major, minor, and exotic pairs
💵 Minimum Deposit20 USD
💶 Inactivity Fee✅ Yes, 20% after 1 year of inactivity
🔊 Website LanguagesEnglish
💷 Fees and CommissionsSpreads from 0.1 pips, commissions from $1.50 on EUR/USD per standard lot traded
🥰 Affiliate Program✅Yes
❌ Banned CountriesUnited States, North Korea, UK, Syria, Canada, EEA
🅰️ Scalping✅Yes
🅱️ Hedging✅Yes
📐 Trading InstrumentsForex, indices, commodities, metals, cryptocurrencies, shares
🚀 Open an Account👉 Click Here
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LQDFX Review – Analysis of Brokers’ Main Features

  1. ☑️ LQDFX Overview
  2. ☑️ LQDFX Detailed Summary
  3. ☑️ LQDFX Safety and Security Measures
  4. ☑️ LQDFX Account Types
  5. ☑️ How To Open an LQDFX Account
  6. ☑️ LQDFX Trading Platforms and Software
  7. ☑️ LQDFX Fees, Spreads, and, Commission
  8. ☑️ LQDFX Leverage and Margin
  9. ☑️ LQDFX Trading Instruments and Products
  10. ☑️ LQDFX Deposit and Withdrawal Options
  11. ☑️ LQDFX Educational Resources
  12. ☑️ LQDFX Pros and Cons
  13. ☑️ In Conclusion

 

LQDFX Overview

LQDFX, a Marshall Islands-based forex broker, entered the market in late 2015 and has quickly established itself. The broker uses the Straight Through Processing (STP) approach, ensuring quick order execution and transparency for traders minimizing conflicts of interest.

Despite its short existence, LQDFX has received industry accolades for its excellent service. The company plans to establish customer support centers worldwide to provide accessible support.

LQDFX’s focus on client-centric service and commitment to technology development makes it a promising alternative for traders seeking a simplified trading experience. Its commitment to industry best practices and technology advancements makes it a promising choice for traders.

 

Is LQDFX planning to expand or have a physical presence in other regions?

Yes, LQDFX intends to develop customer service centers across the globe, showcasing its dedication to accessibility and offering localized help to traders in various countries.

 

How has LQDFX been acknowledged in the forex industry?

Despite its brief history, LQDFX has received industry recognition for its great service and devotion to client-centric procedures, solidifying its position as a trustworthy option among traders.

LQDFX Review - Analysis of Brokers' Main Features

 

LQDFX Detailed Summary

🔎 Broker🥇 LQDFX
📈 Established Year2015
📉 Regulation and LicensesNone
📊 Ease of Use Rating4/5
🎁 Bonuses100% Bonus
⏰ Support Hours24/5
⚙️ Trading PlatformsMetaTrader 4
🖱️ Account TypesMicro, Gold, ECN, VIP, Islamic
🪙 Base CurrenciesMulti-currency
💹 SpreadsFrom 0.1 pips
💱 LeverageUp to 1:1000
💴 Currency Pairs71; major, minor, and exotic pairs
💵 Minimum Deposit20 USD
💶 Inactivity Fee✅ Yes, 20% after 1 year of inactivity
🔊 Website LanguagesEnglish
💷 Fees and CommissionsSpreads from 0.1 pips, commissions from $1.50 on EUR/USD per standard lot traded
🥰 Affiliate Program✅Yes
❌ Banned CountriesUnited States, North Korea, UK, Syria, Canada, EEA
🅰️ Scalping✅Yes
🅱️ Hedging✅Yes
📐 Trading InstrumentsForex, indices, commodities, metals, cryptocurrencies, shares
🚀 Open an Account👉 Click Here

LQDFX Detailed Summary

 

LQDFX Safety and Security Measures

LQDFX prioritizes client funds security through secure payment handling, keeping customer funds separate from business finances, and using risk management methods to monitor operational risks.

They also offer negative balance protection to protect traders from turbulent market situations. LQDFX collaborates with top-tier EU banks like Barclays, HSBC, and Deutsche Bank to enhance financial security.

 

How does LQDFX deal with cybersecurity concerns and possible breaches?

LQDFX takes a proactive approach to cybersecurity, frequently upgrading its systems and infrastructure to protect against cyber threats and possible breaches and ensure the security of customer funds and information.

 

How does LQDFX guarantee the security of customer funds?

LQDFX emphasizes client funds’ security by keeping them separate from corporate funds and using strong risk management techniques.

LQDFX Safety and Security Measures

 

LQDFX Account Types

🔎 Account Type🥇 Micro🥈 Gold🥉 ECN🏆 VIP☪️ Islamic
🩷 Best SuitedIdeal for beginnersIdeal for casual tradersIdeal for scalpersIdeal for professional tradersIdeal for Muslim traders
📈 Markets71 Forex
11 Indices
4 Commodities
13 Crypto
37 Stocks
71 Forex
11 Indices
4 Commodities
13 Crypto
37 Stocks
71 Forex
11 Indices
4 Commodities
13 Crypto
37 Stocks
71 Forex
11 Indices
4 Commodities
13 Crypto
37 Stocks
71 Forex
11 Indices
4 Commodities
13 Crypto
37 Stocks
💴 CommissionsNone. Only the spread is chargedNone. Only the spread is chargedFrom $2.5 on EUR/USD per standard lotFrom $1.5 on EUR/USD per standard lotNone. Only the spread is charged
📉 PlatformsMetaTrader 4MetaTrader 4MetaTrader 4MetaTrader 4MetaTrader 4
💱 Trade SizeFrom 0.01 – 5 lots0.01 – 40 lots0.01 – 40 lots0.01 – unlimited lots0.01 – 40 lots
📊 Leverage1:10001:3001:3001:1001:300
💵 Minimum Deposit20 USD500 USD500 USD25,000 USD20 USD
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here👉 Click Here👉 Click Here

LQDFX Micro Account

The Micro Account is a beginner-friendly forex trading account with an entry-level deposit of $20, running on the MT4 platform and offering market execution at a leverage of up to 1,1000.

It offers large spreads starting at 1 pip, making it suitable for those new to forex trading or with minimal funds.

LQDFX Micro Account

LQDFX Gold Account

The Gold Account is a low-cost trading platform for traders seeking narrow spreads from 0.7 pips without commission costs. It offers a $500 minimum deposit and up to 1:300 leverage, making it ideal for Forex, commodities, metals, and indices traders.

With competitive trading conditions and acceptable entrance criteria, it is a popular choice among experienced traders.

 

LQDFX Gold Account

 

LQDFX ECN Account

The ECN Account is a retail platform offering ECN trading with raw spreads starting at 0.1 pips and a $500 minimum deposit.

It offers a leverage of up to 1:300 and is best suited for experienced traders seeking direct market access with narrow spreads, showcasing the speed and liquidity of ECN trading.

LQDFX ECN Account

LQDFX VIP Account

The VIP Account is a high-net-worth trading platform with a minimum deposit of $25,000, offering premium trading conditions, market execution, no lot size limits, and spreads starting at 0.1 pips. It provides up to 1:100 leverage for experienced traders.

LQDFX VIP Account

LQDFX Islamic Account

Similar to the Gold Account, the Islamic Account offers swap-free trading conditions, such as spreads and lot size limitations, in line with Sharia law.

This account is ideal for Muslim traders seeking Islamic finance standards, offering a competitive advantage while maintaining swap-free trading conditions.

LQDFX Islamic Account

LQDFX Demo Account

The Demo Account is designed for new customers to familiarize themselves with trading conditions and the MT4 platform without financial risk. It offers up to $100,000 in simulated funds, allowing novices and experienced traders to practice trading methods without risking real money.

 

What are the benefits of creating a Gold account with LQDFX?

Opening a Gold Account with LQDFX provides tight spreads starting at 0.7 pips and no commissions.

 

Is the VIP Account ideal for LQDFX beginning traders?

No, the VIP Account on LQDFX has a $25,000 minimum deposit and is intended for high-net-worth people and experienced traders owing to its superior trading conditions.

LQDFX Demo Account

 

How To Open an LQDFX Account

To register an account with LQDFX, follow these steps:

✅ Visit the LQDFX website and browse the homepage.

✅ Click on the “Accounts” tab to choose the account that best fits your trading expertise and budget.

✅ Locate the “Open Live Account” option and complete the online application form.

✅ Completely provide your name, email address, phone number, and country of residence.

✅ Choose a safe password and your desired base currency (if LQDFX supports it).

✅ To comply with the rules, upload a copy of your government-issued ID and evidence of residence (utility bill or bank statement).

✅ Select your desired deposit method (credit/debit card, bank transfer) and follow the instructions to send your first deposit amount (based on your account type).

✅ Once your account has been authorized and financed, download and install the MetaTrader 4 platform (MT4) provided by LQDFX.

✅LQDFX provides demo accounts, including virtual funds. This lets you learn about the MT4 platform and practice trading methods without risking real capital.

 

How long does it take to verify an account on LQDFX?

Account verification on LQDFX normally takes a few business days, depending on the number of applications and the quality of the papers submitted.

 

Can I finance my LQDFX account with cryptocurrency?

Yes, LQDFX accepts cryptocurrency deposits so that you may fill your account with major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

How To Open an LQDFX Account

 

LQDFX Trading Platforms and Software

LQDFX’s MT4 platform offers a seamless trading experience, combining efficiency and complexity. Its architecture leverages LQDFX’s excellent trading infrastructure, offering competitive pricing, no dealing desk involvement, and improved order execution.

MT4 suits traders interested in forex, commodities, indexes, and spot metals. It caters to beginners and experienced traders, offering a single-click trade execution, in-depth market research, and powerful charting tools.

LQDFX also offers algorithmic trading using Expert Advisors (EAs), allowing traders to automate tactics and improve trading success. It emphasizes risk management with features like negative balance protection and the Depth of Market function.

 

Can I use automated trading methods on the LQDFX trading platforms?

Yes, LQDFX enables automated trading methods using Expert Advisors (EAs) on its MetaTrader 4 platform.

 

Can I modify the charts and indicators on the LQDFX trading platforms?

Yes, LQDFX’s trading platforms, including MetaTrader 4, enable traders to undertake in-depth market research by customizing charts using technical indicators and graphical tools.

LQDFX Trading Platforms and Software

 

LQDFX Fees, Spreads, and, Commission

Spreads

LQDFX offers competitive variable spreads, starting at 0.1 pips for certain account types, benefiting forex traders.

These spreads vary based on the financial instrument being traded, with large currency pairings having the lowest due to their liquidity. LQDFX’s STP execution mechanism ensures orders are completed at the best rates.

 

Commissions

LQDFX commissions are tightly connected to the account type selected by the trader. While certain accounts, such as the Micro and Gold, allow commission-free trading, others, such as the ECN and VIP accounts, charge a commission fee. The ECN Account charges $2.5 per standard lot traded, while the VIP Account charges $1.5.

 

Overnight Fees

LQDFX charges overnight fees when positions are kept open overnight. These costs vary depending on the kind of item exchanged and are subject to fluctuate in response to market circumstances.

For traders who follow Islamic financial principles, LQDFX provides swap-free Islamic accounts, which eliminate these costs per Sharia law.

 

Deposit and Withdrawal Fees

LQDFX prides itself on providing a low-cost deposit and withdrawal procedure. The broker does not charge deposit fees, and most withdrawal methods are likewise free, with a few exceptions on bank wire transfers.

 

Inactivity Fees

LQDFX charges inactivity fees for inactive accounts marked as dormant and archived for twelve consecutive months. Users can revive archived accounts by contacting support staff and paying a 20% dormant account maintenance charge.

 

Currency Conversion Fees

Currency conversion costs apply when traders perform transactions in a currency other than their account’s base currency. These costs cover changing the currencies used in deposits, withdrawals, and transactions.

 

 

Does LQDFX provide set spreads for any account types?

No, LQDFX does not give set spreads; instead, it offers variable spreads that change in reaction to market conditions, assuring competitive pricing for traders.

 

What is the average spread between major currency pairings on LQDFX?

The average spread for key currency pairings on LQDFX is frequently as little as 0.1 pips.

LQDFX Fees, Spreads, and, Commission

 

Leverage and Margin

LQDFX emphasizes margin requirements and outlines specific duties for clients. Clients must maintain their Initial or Hedged Margin within LQDFX’s restrictions, ensuring sufficient funds are available.

LQDFX can amend margin requirements with three business days’ notice unless a Force Majeure Event occurs. LQDFX may cancel open positions without prior notification in case of inadequate equity, subject to account type criteria.

Clients must alert LQDFX if they anticipate trouble making margin payments, but LQDFX is not required to issue margin calls. Currency differences in margin payments are addressed by translating amounts into the trading account’s currency at appropriate exchange rates.

Margin calls and stop-out levels are crucial for risk management, with VIP accounts having a higher stop-out level.

 

How often does LQDFX alter its margin requirements?

LQDFX can change its margin requirements regularly, based on market circumstances and regulatory restrictions, to account for variations in volatility and risk exposure.

 

Is there any variation in margin requirements across currency pairings on LQDFX?

Yes, margin requirements differ across currency pairings on LQDFX based on variables such as liquidity, volatility, and regulatory restrictions.

LQDFX Leverage and Margin

 

LQDFX Trading Instruments and Products

LQDFX offers the following trading instruments and products:

✅ LQDFX offers access to 71 currency pairings, which include major, minor, and exotic currencies. The platform provides attractive spreads from 0 pips on certain accounts and leverage up to 1:1000.

✅ LQDFX offers precious metals trading in their commodities services. Traders can profit from the commodities market by trading metals such as gold and silver.

✅ The broker provides CFDs on 24 commodities, including crude oil, natural gas, maize, wheat, and metals. Spreads and leverage vary per instrument and account type, with leverage up to 1:100.

✅ There are 12 index CFDs available, including prominent indexes like the S&P 500, Dow Jones, DAX 30, and more. Indices, like commodities, have different spreads and leverage based on the instrument and account type. Leverage may reach 1:100.

✅ LQDFX provides five cryptocurrency CFDs: Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash. Cryptocurrency spreads are higher than traditional brokers, with a leverage limit of 1:5.

✅LQDFX allows users to trade CFDs on five big US stocks: Apple, Amazon, Facebook, Google, and Tesla. Stock CFDs have rather large spreads and a leverage limit of 1:20.

 

Does LQDFX provide fractional share trading for individual stocks?

No, LQDFX only allows CFD trading on chosen individual equities; fractional shares trading is not currently available on the site.

 

Can I get real-time market data and charts for trade analysis on LQDFX?

Yes, LQDFX’s trading platform includes real-time market data and powerful charting tools.

LQDFX Trading Instruments and Products

 

LQDFX Deposit and Withdrawal Options

🔎 Payment Method🌎 Country🪙 Currencies Accepted⏰ Processing Time
💴 ConfirmoAllBTC, ETH, LTC, SOL, TRX, USDC, USDTInstant – 2 days
💵 CryptoAllBTC, BCH, ADA, LINK, ETH, LTC, XRP, USDC, USDTInstant – 2 days
💶 PayRedeemAllMulti-currencyInstant – 2 days
💷 Bank WireAllMulti-currency1 – 5 days
💳 Debit/Credit CardAllMulti-currencyInstant – a few days

Deposit Methods:

 

 Bank Wire

✅ Log into your LQDFX client portal and go to the “Deposits” area.

✅ Choose “Bank Wire” as your deposit option and get LQDFX’s bank account information.

✅ Make a wire transfer from your bank using LQDFX’s bank account details and your LQDFX account number.

✅Allow for processing time, which could take several business days. For deposits of $500 or more, LQDFX pays incoming wire costs.

 

Credit or Debit Card

 

✅ In your LQDFX client area, go to the “Deposits” section and pick “Credit/Debit Card” (usually Visa or MasterCard).

✅ Enter your card details, including the card number, expiry date, CVV code, and desired deposit amount.

✅Further verification may be required depending on your card issuer (for example, 3D Secure). Deposits made using credit cards are generally credited to your trading account promptly.

 

Cryptocurrency

 

✅ In your LQDFX client site, choose “Cryptocurrency” as your deposit method and pick a supported cryptocurrency (e.g., Bitcoin, Ethereum).

✅ Your deposit will establish a unique wallet address.

✅Go to your cryptocurrency wallet and transfer to the supplied LQDFX wallet address. To prevent problems and lost funds, pick the right cryptocurrency network.

 

e-wallets or Payment Gateways

 

✅ In the “Deposits” area of your LQDFX client site, choose your favorite e-wallet (usually Skrill, Neteller, FasaPay, etc).

✅ You will be taken to the e-wallet provider’s login page.

✅Enter your e-wallet credentials and authorize the payment to LQDFX. Deposits made using e-wallets are generally handled quickly.

LQDFX Deposits

Withdrawal Methods:

 

Bank Wire

✅ Log onto your LQDFX client portal and navigate the “Withdrawals” area.

✅ Select “Bank Wire,” input your bank account information, and set the withdrawal amount.

✅Submit your withdrawal request and wait a few business days for processing.

 

Credit or Debit Cards

✅ Go to your client area’s “Withdrawals” section and pick “Credit/Debit Card.”

✅ Enter the withdrawal amount (this may be restricted to prior card deposits).

✅Submit your request and allow processing timeframes normally for a few business days.

 

 Cryptocurrency

✅ Navigate to the “Withdrawals” section and choose “coin,” then pick your chosen coin.

✅ Enter your external crypto wallet address and withdrawal amount.

✅ Crypto transactions are irrevocable, so double-check the address for correctness.

✅Submit your request and wait for the typical blockchain processing periods.

 

e-wallets or Payment Gateways

✅ Choose your e-wallet provider from the “Withdrawals” section of your LQDFX site.

✅ Enter your e-wallet information and desired withdrawal amount.

✅Submit your request.

 

How long does it take for crypto deposits to show up in my LQDFX account?

Cryptocurrency deposits on LQDFX are often handled immediately or within a few hours, depending on blockchain confirmation periods.

 

Does LQDFX provide any incentives or bonuses for deposits into my account?

Yes, LQDFX provides promotions and benefits for depositing funds into your trading account, including increased trading capital and incentives for active traders.

LQDFX Withdrawals

 

LQDFX Educational Resources

LQDFX offers the following educational resources:

✅ LQDFX provides a variety of trading courses designed to help customers improve their trading knowledge and abilities. This contains video training for the MT4 platform as well as trade eBooks.

✅ LQDFX provides a glossary as an instructional resource to aid traders in becoming acquainted with prevalent trading terminology and specialized terms.

✅The LQDFXperts Blog is another valuable educational resource, offering traders up-to-date market analysis, trading recommendations, and insights into trading techniques. The blog covers a variety of trade-related subjects, such as market movements, economic events, and trading psychology.

 

Is there a payment for accessing education materials on LQDFX?

No, LQDFX offers its customers free educational materials like trading classes, market research, and trading insights.

 

Are LQDFX’s instructional offerings appropriate for both beginners and experienced traders?

Yes, LQDFX’s instructional tools cater to traders of all skill levels.

LQDFX Educational Resources

 

LQDFX Pros and Cons

✔️ Pros❌ Cons
Straight Through Processing execution provides more transparency and the opportunity for speedier transaction executionLQDFX imposes fees for some withdrawal methods
To ensure better security, customer funds are kept separate from LQDFX's fundsSpreads change with market circumstances, making it more difficult to assess trading expenses than with fixed-spread brokers
Before investing real money, traders can use virtual funds to practice trading methods and platform featuresYour account's basic currency options might be limited
Accounts are safeguarded from dropping below zero balance, which helps control riskSome sites praise LQDFX’s services, while others warn of the dangers of using an unregulated broker
Accounts such as Micro and Gold have modest entrance requirementsLQDFX is registered in the Marshall Islands, which may raise investor protection concerns when compared to top-tier regulatory agencies

 

In Conclusion

According to our findings, LQDFX is a forex and CFD broker with a mixed reputation. It offers Straight Through Processing (STP) execution, customer funds segregation, and various account types. The MetaTrader 4 platform ensures familiarity and solid operation.

However, according to our research, LQDFX’s price structure, changing spreads, and registration in the Marshall Islands raise investor protection issues.

However, we can conclude that despite its helpful educational materials and dedicated customer service, traders should consider the risks of dealing with an unlicensed broker.

Our Review Methodology:  For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Faq

Yes, LQDFX provides a free VPS service to eligible customers who satisfy certain trading volume criteria.

Withdrawals from LQDFX usually take 1 to 5 business days, depending on the withdrawal method.

Yes, LQDFX provides CFD trading for several major cryptocurrencies.

LQDFX’s minimum deposit varies by account type, ranging from $20 for the Micro Account to $25,000 for the VIP Account.

LQDFX has various contact options on its website, including email, phone, and live chat. During weekdays, their support crew is accessible 24 hours a day.

It might be. However, while LQDFX promotes client funds security via procedures like segregation of funds and negative balance protection, it should be noted that it is not regulated by any top-tier regulatory agencies, which may create safety concerns.

Yes, LQDFX permits scalping. However, reviewing their terms and conditions for any possible limitations is critical.

LQDFX allows clients to trade several markets, including forex, indices, commodities, metals, cryptocurrencies, and individual stocks.

LQDFX is based in the Marshall Islands.

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