LQDFX Review
Note: LQDFX has been acquired by PlexyTrade, and its clients have been migrated to this new brokerage. Read more about PlexyTrade or visit PlexyTrade's website.
Established in late 2015, LQDFX has gone from strength-to-strength and has quickly positioned itself as one of the leaders in the FX industry, becoming award-winning on two different occasions.
LQDFX set out its goal of being the most loyal, quality and devoted broker through its business model of following the STP execution avenue. This means LQDFX have no conflict of interest between itself and its clients.
No requotes, lightning quick execution and no dealing desk intervention.With its market leading affiliate program, LQDFX highly values the business that you introduce and we generously reward this as an ongoing commission for each and every trade that a referred client makes. LQDFX offers a variety of programs in which our partners can benefit from, all of which can be obtained depending on the partners experience, portfolio size and know-how in the forex market.
Typical Spread on Majors
| EUR/USD | 0.8 |
| GBP/USD | 1.1 |
| USD/JPY | 0.9 |
- Company Info
| Headquarters | Majuro, Marshall Islands |
| Type of Broker | STP & ECN/STP |
| Founded | 2015 |
| Regulated By | Regulated By Not Regulated |
| Offices In | Malta, Marshall Islands |
| Supported Languages | English, Turkish, Italian, Russian, Spanish, French |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | USD, EUR |
| Minimum Deposit | $20 |
| Traders from USA Allowed | Yes |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $7 / Lot round trip |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $25,000 Minimum Deposit |
| Mini Accounts Offered | No |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Credit/Debit Cards, Wire Transfer, VLoad, Skrill, Neteller, FasaPay, Bitcoin, Ripple, Bitcoin Cash, Litecoin, KoalaPays |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Bitcoin, UpayCard |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android |
| NO of Pairs | 89 |
| Cryptocurrency Trading | No |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | No |
| Mobile Alerts | No |
| Trading Server Time | GMT |
| VPS Offered | No |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Liquidity Providers | 10+ |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Indices | Yes |
LQDFX Reviews
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