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 brokers 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 the 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” which 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 |
1:500 |
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 |
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 asset 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.
You can contact them on:
- 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:
- The first step is to head towards the official website of the LQDFX Broker and click on the Open Account button:
- 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:
- 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:
- 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 an 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:
- You can open your account and head towards the “Withdraw Option” from the main menu
- Enter the desired amount and choose the payment method
- Click on the confirmation button, and you’re done
Don’t know what payment methods they are supporting? Have a look at the screenshot below:
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 |
The minimum deposit is $200 |
The 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 of 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.