LQDFX Broker Review 2020

Are you looking to know everything about LQDFX Broker? You’ve just landed in the right place. Let's explore below to read everything about LQDFX Broker.

LQDFX - Online STP FX Trading

LQDFX broker is now offering metal, Forex, indices for trading, and a lot more. The marketplace was founded back in 2015 and rolling right from day one with “Thousands of active investors” using the platform.

Service information

Demo Account Yes
Minimum Deposit $20
Max Leverage 1:500
Spreads from 0.1
Type of Broker STP
Tradable Assets Currencies 70+, CFD 35+ Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities
Deposit Options Bank Wire, VISA, MasterCard, Bitcoin, Ether/Ethereum, FasaPay, Litecoin, Neteller, Ripple, Skrill, UPayCard, VLoad

Company information

Established 2015
Regulated by N/A
Telephone +44 20 8064 1038
Customer Support 24/5 in 4 languages

LQDFXBroker-Featured-DailyForexTrading.Net
LQDFX Review - Everything you need to know

Just like other brokers in the Forex Market, LQDFX Broker came into existence with a superior goal that “They will provide only quality services to the investors.”

The only problem that LQDFX broker face is “They aren’t regulated,” but still they are following strict security procedures to make sure “Your investment is in the safe hands.”

They are offering a lot of things to their clients, such as:

  • STP Executions
  • PAMM Accounts
  • Daily Market News
  • Forex Training


Now LQDFX offering 100% instant bonus that's fully transparent

 

In this detailed review, our team has covered a lot of things that you might find interesting. You must consider every single thing written below in order to say “Hello” to the brightest trading future.

Let’s get started with the review of LQDFX Broker.

LQDFX Broker Regulation

So, a lot of people are questioning about LQDFX Broker regulation, whether they are regulated or not? They aren’t regulated, but they are the part of “The Financial Commission” that is a self-regulatory organization.

The headquarters of LQDFX Broker is in Marshall Island, and they are yet to be identified by any governmental regulatory authority.

Let’s now talk about the account types of “LQDFX Broker.”

Account Types of LQDFX Broker

There are five types of account that LQDFX Broker is offering:

  • Micro Account
  • Gold Account
  • ECN Account
  • VIP Account
  • Islamic Account

Let’s talk about every single account individually.

Micro Account

Execution Type

Market Execution

Trading Model

STP

Account Manager

Yes

Maximum Leverage

1:500

Minimum Trading Size

0.01

Typical Spread

1

SWAPS

Yes

Available Instruments

Metals, FX Trading, Indices and Commodities

Re-quotes

None

Free Education

Yes

Minimum Deposit

$20

 Gold Account

Execution Type

Market Execution

Trading Model

STP

Account Manager

Yes

Maximum Leverage

1:300

Minimum Trading Size

0.01

Typical Spread

0.7

SWAPS

Yes

Available Instruments

Metals, FX Trading, Indices and Commodities

Re-quotes

None

Free Education

Yes

Minimum Deposit

$500


ECN Account

Execution Type

Market Execution

Trading Model

STP

Account Manager

Yes

Maximum Leverage

1:300

Minimum Trading Size

0.01

Typical Spread

0.1

SWAPS

Yes

Available Instruments

Metals, FX Trading, Indices and Commodities

Re-quotes

None

Free Education

Yes

Minimum Deposit

$500


 
VIP Account

Execution Type

Market Execution

Trading Model

STP

Account Manager

Yes

Maximum Leverage

1:100

Minimum Trading Size

0.1

Typical Spread

0.1

SWAPS

Yes

Available Instruments

Metals, FX Trading, Indices and Commodities

Re-quotes

None

Free Education

Yes

Minimum Deposit

$2500


Islamic Account

Execution Type

Market Execution

Trading Model

STP

Account Manager

Yes

Maximum Leverage

1:300

Minimum Trading Size

0.01

Typical Spread

0.7

SWAPS

No

Available Instruments

Metals, FX Trading, Indices and Commodities

Re-quotes

None

Free Education

Yes

Minimum Deposit

$20

So, that’s all from the different types of accounts that LQDFX is providing to the users, and do let us know which account you are going for.


Pros


Cons

They are offering a lot of account types. From Beginners to Professionals

None

Islamic Account Availability

 

Fully Digital

 


Trading Platforms

They are offering you only MetaTrading4 for Forex Trading, which means that you can now use this tool on your Windows, Android, and IOS as well.

There’s no availability of “MetaTrading5,” and people are questioning it. But who knows? They might introduce MT5 in the future.


Pros


Cons

Trading Platform for mobile devices

No availability of MT5

You can now use different tools to manipulate your Forex trading

 

You can get all the notification regarding your account on your mobile phone

 

Let’s now talk about the in-depth details of “LQDFX Broker” and let you know whether the trading platform is worth it or not.


The spread of LQDFX Broker

Different accounts have different spreads, and guess what? The spread of the Forex account has a lot to do with the “Investment and Growth.”

So, if you want to know about the spread of all the accounts that LQDFX Broker is providing, then scroll down a little bit:

  • Micro Account (Typical Spread 1)
  • Gold Account (Typical Spread 0.7)
  • ECN Account (Typical Spread 0.1)
  • VIP Account (Typical Spread 0.1)
  • Islamic Account (Typical Spread 0.7)

So, these are the spreads of all the account types; you can choose any of the accounts by looking at your needs and wants.


Execution Time

As discussed above, they only deal with the “Market Execution,” and that’s why we have mentioned everything in the “Account Types” section to enlighten you about it.

To all those who have no clue about “What is Market Execution,” It is to tell you that; It is a type of execution in which the client places an order, and all you have to do is to choose the volume of the assets.

The price of the assets can only be generated during the process of assets execution.


Commission and Fee

Now, this is the most important part where you’ve to look for “Which account charges you more money.”

There are a commission and fee for different accounts of “LQDFX” and let’s figure all of them out down below:

  • Micro Account (No Commission)
  • Gold Account (No Commission)
  • ECN Account ($3.50 Commission on $100,000)
  • VIP Account ($2.50 Commission on $100,000)
  • Islamic Account (No Commission)

Let’s now talk about the Leverage/Margin of LQDFX Broker.


Leverage/Margin of LQDFX Broker

So, they are offering 5 different accounts with different Leverage. The investors know the importance of Leverage because it impacts a lot on your investment and performance.

In order to know about the Leverage of all the account types linked with the “LQDFX Broker,” you need to scroll down a little bit.

  • Micro Account (1:500 Leverage)
  • Gold Account (1:300 Leverage)
  • ECN Account (1:300 Leverage)
  • VIP Account (1:100 Leverage)
  • Islamic Account (1:300 Leverage)

Now, it’s time to discuss the customer service of the LQDFX Broker and see what they have to offer you.


Customer Service of LQDFX Broker

The customer service of LQDFX Groups is extremely great, and they offer you 24/7 services in order to fix all your issues.


LQDFXBroker-CustomerService-DailyForexTrading.Net

You can contact them on:

  • Email
  • Phone Number
  • Request a callback
  • Live Chat
  • All social media channels

That means they have a wide network that supports all the channels being used by the public and the investors.


Pros


Cons

24/7 Service

None

Knowledgeable Individuals

 

A lot of platforms to use for contacting purposes

 

Now, it’s time to move towards the “REAL” section, and that is “How to open an account on LQDFX Broker.

So, let’s get started!

How to open an account on LQDFX Broker

To open your trading account, you need to follow the instructions given below:

  1. The first step is to head towards the official website of the LQDFX Broker and click on the Open Account button:

    LQDFXBroker-OpeningAccount1-DailyForexTrading.Net
  2. Now once you click on the Open Account button, you’ll be redirected towards the page asking you to choose “Individual or Company.” Here’s the screenshot:

    LQDFXBroker-OpeningAccount2-DailyForexTrading.Net
  3. On choosing any of the options, you’ll be promoted to a page where you’ve to enter your information and then click on the confirmation button in order to open the account:

    LQDFXBroker-OpeningAccount3-DailyForexTrading.Net
  4. The next step is “Asking you for the Bank Information and other important information.” Fill everything up, and you’ll be notified with the account confirmation

That’s how easy it is to open the account, and every single person can do it.


Pros


Cons

Account Opening is easy

None

No Complications are involved

 

You’ll find a guide on their website regarding “How to open an account.”

 

How to withdraw money from LQDFX Broker

This is the most asked question because no one is going to invest the money without knowing “How to withdraw the profited money.”

Before you invest in LQDFX Broker, you should know how to withdraw money from there. Follow the steps down below:

  1. You can open your account and head towards the “Withdraw Option” from the main menu
  2. Enter the desired amount and choose the payment method
  3. Click on the confirmation button, and you’re done

Don’t know what the payment methods they are supporting? Have a look at the screenshot below:

LQDFXBroker-WithdrawalMoney-DailyForexTrading.Net

Now, it’s time to move towards the comparison and see “What are the differences LQDFX Broker and Icmarkets.com” have.

Here we go!

Comparison of LQDFX and Icmarkets


IC Markets


LQDFX

Ratings: 4/5

Ratings: 3/5

Established in 2007

Established in 2008

No availability of Live Chat

Live Chat is Available

Regulated by ASIC, FSA, and CySEC

Not regulated

Minimum Deposit is $200

Minimum Deposit is $20

A lot of payment gateways to withdraw/deposit payments

A lot of payment gateways to withdraw/deposit payments

MetaTrading4 and 5

MetaTrading4

So we are done with a brief comparison of the biggest giants in the Forex Industry, and let’s now talk about the “Trading Platform.”


Trading Platforms of LQDFX: Which one is the best?

They are dealing with the only MetaTrader4, and all the account types are linked with it. Let’s break down the few highlights of MT4.

  • The execution is super-fast
  • They allow you to do one-click trading
  • The depth of the market is there
  • Advanced Technical Analysis is there
  • Advanced Chart Facility is available too
  • You won’t be facing any negative balance

You can install the Trading Platform on any of your devices “Whether it’s Android, IOS, or Windows,” they have the compatibility.

If you want to download the MT4, then Click Here.

Now, it’s time to discuss the advantages and disadvantages of the “LQDFX Broker” and see what the cons are (You already know the advantages).

Advantages and Disadvantages of LQDFX Broker

Let us break down some of the advantages first and then lead the pack towards “Disadvantages.”


Advantages

  • Without a dealing desk, you’ll enjoy the STP Executions. Also, they are providing you with the market execution
  • A lot of accounts are available; from beginners to the professional everything is available Additionally, they are providing you with PAMM Accounts
  • Trading is done on one of the finest trading platforms in the world known as “MT4.”
  • The customer care service is available 24/5 and late replies available on the non-business days

These are the advantages that LQDFX is providing to you, and now it’s time to discuss the disadvantages.


Disadvantages

  • They aren’t regulated, and people question them about the scams and frauds
  • They have a limited number of stock instruments
  • There’s no alternative trading platform which is a great disadvantage

So, these are the advantages and disadvantages of “LQDFX Broker,” and let’s now head towards the last thing in our “Shell,” and that is “Bonuses, Promotions, and Contests.”


Bonuses, Promotions, and Contests

Let’s get started with the bonuses first:

They are offering you a 100% bonus on your first deposit, and you can earn up to $20k on your First Deposit.

Isn’t it amazing?

But, you can only use this amount for trading purposes. You can’t withdraw the money straight away.

There are currently no promotions and contests going on other than the “100% Bonus” and if you want to earn more the bonus, then read the “Instructions here.”

If you want to get the bonus, here’s what you have to do:

  • Get yourself registered for an account and make sure that you choose the right account for you
  • Connect your banking account/credit account with the Broker’s account and deposit the money
  • You’ll get the bonus instantly without any delay

Now, start enjoying trading, and there’s no one stopping you.

So, that’s all from the LQDFX Broker article, and we are really hopeful that you’ve liked the article. Have any questions in mind rolling? Feel free to comment down below; we will answer your questions within a flash.

frequently ask questions

LQDFX is an online Forex and CFD ECN brokerage launched in 2015. They are headquartered and in the Marshall Islands and are currently not regulated by any governmental authority. LQDFX offers trading in 71 forex currency pairs, 7 non-metallic commodities, and 12 major equity indices.

LQDFX has a well-rounded and quite professional-looking STP/ECN execution-style offering for traders looking to trade a reasonably wide range of assets in the form of Forex currency pairs and CFDs, particularly on Forex currency pairs.

the Marshall Islands
LQDFX is an online Forex and CFD ECN brokerage launched in 2015. They are headquartered and in the Marshall Islands and are currently not regulated by any governmental authority.

What is a spread in forex trading? Every market has a spread and so does forex. A spread is simply defined as the price difference between where a trader may purchase or sell an underlying asset. Traders that are familiar with equities will synonymously call this the Bid: Ask spread.

While some countries do ban forex trading for these particular reasons, a complete ban is practically unreal, considering the fact that over $5 trillion worth of assets is being traded on Forex daily, and the currency exchange rates are tied to it as well.

Yes, Forex is legal in the United States. Unlike the securities and futures markets, the foreign exchange market is not controlled by any central governing body, there are no clearing houses and there is no arbitration panel. All members trade with each other based on credit agreements.

LQDFX is an online Forex broker founded in 2015, which is based in Marshall Island.

LQDFX is one of a few foreign Forex brokers in the world, who can accept USA clients.

By opening an account with LQDFX, you can trade Forex, Commodities and Indices online through MetaTrader4 or xStation trading platform.

The broker is focusing on offering simply a “Fine” trading environment with STP(Straight Through Processing) execution.

As an STP Forex broker, LQDFX allows all kinds of trading activities on its trading platforms besides arbitrage.

The basic trading tools are also available for free for traders of LQDFX.

To open a Forex trading account with LQDFX and start trading, follow the steps below.

  1. Go to LQDFX Official Website
  2. Fill in the registration form on the right-hand side and submit
  3. Receive confirmation emails with login credentials
  4. Login to LQDFX’s Client Portal to process fund deposit and download the MT4 platform
  5. Start trading Forex and CFDs

LQDFX has a multilingual support team available for 24 hours a day and 7 days a week.

Contact them through LQDFX Official Website for any inquiries to start smoothly.

HOW CAN WE HELP YOU?

contact@dailyforextrading.net