FX Trading Master

United States
Generic selectors
Exact matches only
Search in title
Search in content

LQDFX Review and Tutorial 2021

» Visit

Stop United States not accepted.

Go to the Brokers List for alternatives

Facts & Figures

LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.

Awards

• Best ECN Broker 2017 – TheForexAwards.com
• Most Reliable Broker 2017 – TheForexAwards.com

Bonus 100% deposit bonus up to $20,000
Instruments Forex, CFDs, indices, commodities
Demo Account Yes
Min. Deposit $20
Pay Methods Bitcoin Payments, FasaPay, Mastercard, Neteller, Skrill, Visa, Wire Transfer
Min. Trade 0.01 lots
Regulated By None
MetaTrader 4 Yes
MetaTrader 5 No
cTrader No
ECN Account Yes
DMA Account No
Mobile Apps Yes
Auto Trading Yes
Social Trading No
Copy Trading Yes
Trade Signals No
Islamic Account Yes
CFD
FTSE Spread 11.9
GBPUSD Spread 0.1
Oil Spread 0.12
Stocks Spread Variable
Leverage 1:500
Forex

Trade on FX pairs with 1:500 leverage.

GBPUSD Spread 0.1
EURUSD Spread 0.1
EURGBP Spread 0.5
Assets 71
Risk Warning – Your capital is at risk

Our experienced trading experts at FX Trading Master have reviewed LQDFX with all the specialties and facts. Here’s the ultimate LQDFX review for you. Let’s check it out now.

LQDFX is a forex intermediary offering a decent scope of cash sets and CFDs. This 2021 survey dives into the upsides and downsides of joining with LQDFX, including least stores, match rewards, and the MT4 exchanging stage.

LQDFX Review: LQDFX Company Details

LQDFX is possessed and run by LWD Ltd, an organization enlisted in the Marshall Islands. The dealer was set up in 2015 and finished a straight preparing (STP), no managing work area (NDD) model, giving direct market access and eliminating requotes.

The intermediary has a solid customer base traversing various areas, from Canada to Australia.

Read more on CFD Trading.

MetaTrader 4 Platform

LQDFX offers customers the balanced MT4 stage, the forerunner to MT5. MT4 weds a rich determination of highlights with a realistic plan, making it extraordinary for dealers. The exchanging stage upholds 30 distinct dialects, above 50 customizable specialized markers, 30 graphing alternatives, and 9 time periods. Close by a single tick exchanging and profound market narratives, MT4 likewise works with mechanized exchanging through master consultants (EAs). 

MT4 runs on two Windows and Mac PCs and can be downloaded from the LQDFX site.

Markets

71 forex sets are tradeable through LQDFX, comprising 7 majors, 21 minors, and 43 exoti[cs. Likewise, you can exchange 16 valuable metals, including gold, silver, palladium, and platinum, just as 21 worldwide stock records and 6 energy and agricultural products.

Spreads & Fees

The spreads offered by LQDFX are diverse for each record type and differ with economic situations. The Micro record has the most stretched outspreads, with regular upsides of 1.7 pips for EUR/GBP, 1.2 pips for EUR/USD, and 1.8 pips for GBP/USD. 

Gold and Islamic records have more tight spreads, with EUR/GBP typically 1.2 pips, EUR/USD 1.1 pips, and GBP/USD 1.4 pips. The ECN and VIP accounts have the most aggressive spreads, coming in at 0.5 pips for EUR/GBP and 0.1 pips for both EUR/USD and GBP/USD. 

The Micro, Gold, and Islamic records are sans commission; notwithstanding, the ECN account has a $3.50 per parcel charge, and the VIP has a $2.50 commission. The dealer likewise charges trades for standing firm on footholds open for the time being, the subtleties on the LQDFX site.

Leverage

The intermediary offers adaptable influence up to 1:500 with the Micro record. Notwithstanding, impact on different forms is covered at 1:300, aside from the VIP account, which provides rates up to 1:100. 

Influence is an approach to build market openness by bringing down the edge prerequisite for exchanges. Nonetheless, it also expands likely misfortunes, making sure to comprehend the dangers before pursuing utilized exchanging.

MT4 Mobile App

LQDFX offers portable exchanging utilizing an adaptation of MetaTrader 4 intended for iOS and Android gadgets. The application upholds a few graphing alternatives and specialized markers, however less than the work area adaptation. The application holds a large part of the other usefulness, including one-tap exchanging, intuitive graphs, market profundity, and inside moves. Brokers can likewise set cautions and warnings so openings shouldn’t be missed when away from the PC.

Payment Methods

Deposits

A few installment strategies can be utilized to subsidize LQDFX exchanging accounts, which are all allowed to operate. Bank wire moves, digital forms of money, Visa and Mastercard installment cards, in addition to Skrill, Neteller, FasaPay, and Load e-wallets, are broadly accessible. 

Wire moves have a base store of $250, and cryptos have a base store of $30, aside from Bitcoin, which has at least $20, alongside e-wallets and installment cards. E-wallets and cryptographic money stores are handled immediately, yet installment cards require 30 minutes, and wire moves take 2 to 7 workdays.

Know more about cryptocurrency

Withdrawals

LQDFX generally offers similar withdrawals choices, which are again allowed to use, aside from installment cards, which accompany a $10 charge. The base sum that can be removed is $100 for wire moves, $20 for installment cards, $10 for Bitcoin, $30 for other cryptos, and $0-10 for e-wallets. 

Withdrawal times are fair with e-wallet and cryptographic money installments prepared inside 1 workday, cards in as long as 2 days, and wire moves somewhere in the range of 2 and 10 workdays.

Demo Account

LQDFX demo accounts are stacked with up to $100,000 of reenacted cash and recreate genuine cash exchanging conditions. Forthcoming customers can grasp the MT4 exchanging stage, dig into new business sectors, and test methodologies with zero danger to capital.

Know more about practice trading

Bonuses & Deals

LQDFX offers a 100% store reward, coordinating with your installment with tradeable money. The bonus applies to stores somewhere in the range of $250 and $20,000 and should be chosen at the join. The reward can be an endless supply of exchange volume prerequisites. Volume prerequisites rely upon the tip’s size, with $5 becoming withdrawable for each part that is exchanged (100,000 units). 

See the agent’s site for the most recent rewards and refunds.

LQDFX Regulation

LQDFX isn’t authorized or managed by any monetary organization. The representative is very straightforward about its plan of action and has a scope of authoritative archives on its site, which is superior to most unregulated intermediaries. In any case, the agent has gotten some lousy client audits on the web, so we propose practicing alert before opening an LQDFX account. 

Administrative offices help to keep merchants from deceiving clients and declining to finance and handle withdrawals. Guideline likewise further develops lawful response alternatives.

Additional Features

LQDFX offers a decent scope of instructive assets and exchanging devices. Just as a monetary schedule, the dealer has Fibonacci, turning point, and arrangement size mini-computers. 

The schooling segment of the site is very much spread out, offering a novice’s course and scope of video instructional exercises on ECN exchanging, utilizing MetaTrader 4, and versatile application usefulness. A digital book is given on forex exchanging, offering a more profound jump into exchanging brain research, conduct, and critical ideas. Scope of articles is likewise on offer, investigating the specialized examination and hazard the executives, just as a seminar on exchanging procedures for different experience levels and markets.

Account Types

LQDFX gives four live records, every one of which flaunts admittance to MT4 and the full scope of informative material, a committed record chief, and tradeable resources. The specialist additionally offers trade-free exchanging conditions for Islamic customers.

Micro Account

  • Minimum deposit $20
  • Typical spread 1 pip
  • No commissions
  • Leverage 1:500
  • Swaps charged

ECN Account

  • $3.50 per lot commissions
  • Minimum deposit $500
  • Typical spread 0.1 pips
  • Leverage 1:300
  • Swaps charged

Gold Account

  • Minimum deposit $500
  • Typical spread 0.7 pips
  • No commissions
  • Leverage 1:300
  • Swaps charged

VIP Account

  • Minimum deposit $25,000
  • $2.50 per lot commissions
  • Typical spread 0.1 pips
  • Leverage 1:100
  • Swaps charged

Islamic Account

  • Typical spread 0.7 pips
  • Minimum deposit $20
  • No commissions
  • Leverage 1:300
  • No swaps

Benefits

Some of the most competitive features of LQDFX’s services include:

  • Negative balance protection
  • $20 minimum deposit
  • Good education center
  • 70+ forex pairs
  • ECN accounts
  • Tight spreads

Drawbacks

If you take LQDFX versus any semblance of Oanda, ICMarkets, and Forex.com, the agents tumbles down in the accompanying regions: 

  • No digital currency exchanging 
  • No friendly exchange copier (Though outsider programming is allowed) 
  • Seaward enlisted 
  • Charge structure

Trading Hours

The intermediary’s MT4 stage is open every minute of every day. Anyway, instruments are just tradeable when their particular business sectors are available. LQDFX’s workers run in the GMT+1 time region, and the exchanging hours underneath are likewise in GMT+1. 

Forex sets open at 22:03 on Sundays and shut down at 21:58 on Fridays, with a day-by-day break from 21:58-22:03. Valuable metals are available at 23:01 on Sundays and shut down at 21:58 on Fridays. However, there is a regular break at 21:58-23:01. Products and stock files have a scope of opening occasions, which are point by point in full on the merchant’s site.

Customer Support

The specialist has a few back-office groups, working a 24/5 help administration. The group can be reached utilizing the accompanying subtleties: 

  • Live chat – Right-hand side of the website
  • Telephone number – +44 20 8064 1038
  • Email – support@lqdfx.com

The help group can assist with numerous record questions, from transferring reports for forthcoming KYC checks to PAMM workers and ‘exchange impaired’ mistake messages. Shockingly customers can’t counsel a FAQ gateway for edge call prerequisites and MT4 login issues. Note, the help group can’t give counsel on duties or name singular workers. 

The location of the specialist’s central command area can be found on the LQDFX site.

Client Security

LQDFX has a safe site that utilizes secure single attachments layer (SSL) encryptions on all site traffic. The intermediary keeps all customer subsidies separate from the organization’s capital, so your cash is returned to you in case of representative liquidation.

LQDFX Verdict

LQDFX offers substantial essential help as an online forex dealer, with 71 money sets and scope of metals, wares, and lists. There is likewise a decent determination of record choices, including a committed Islamic record, in addition to a well-rounded schooling community and backing for scalping, supporting, and other exchanging procedures. 

In any case, clients have stated some regrettable viewpoints in online surveys, with customers hailing withdrawal and customer entry login issues. We’re additionally reluctant to prescribe seaward enrolled handles because of trick concerns. Like this, we would think about different suppliers first.

Accepted Countries

LQDFX acknowledges merchants from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most different nations. 

Merchants can not utilize LQDFX from Belarus.

Alternatives to LQDFX

If you are searching for options in contrast to LQDFX, we have assembled a rundown of the main 5 specialists like LQDFX underneath. This rundown of intermediaries like LQDFX is arranged by likeness and incorporates organizations that acknowledge dealers from your area. 

  1. OctaFX – OctaFX offers multi-resource exchanging on a scope of stages and versatile arrangements. 
  2. RoboForex – RoboForex is a multi-resource online merchant offering outstanding exchanging associates. 
  3. HYCM – Trade on the monetary business sectors with minimal expense, utilized items at HYCM. 
  4. ThinkMarkets – ThinkMarkets is multi-directed forex and CFD agent 
  5. FP Markets – FP Markets is a multi-resource merchant offering a decision of exchanging stages.

Frequently Asked Questions

Can I Register with LQDFX in the US?

Indeed. This implies customers from the US can open a record with LQDFX. 

Can I Fund an LQDFX Account with PayPal?

Numerous strategies can be utilized for exchanges with LQDFX, including e-wallets, installment cards, and digital forms of money. However, PayPal isn’t upheld. 

Does LQDFX Provide Clients with MetaTrader 5 Access?

No, the specialist offers MT4, the archetype to MT5, which has prevailed upon many honours over the years and has set up itself as the business’ standard stage.

Does LQDFX Offer Cryptocurrency Trading?

No, the agent doesn’t uphold exchanging on digital currencies. However, it offers a severe scope of 71 forex sets and a few products and stock records.

Is LQDFX a Legit Online Broker?

LQDFX is undoubtedly not a controlled agent, restricting your lawful insurance if the representative declines withdrawals or misbehaves. A few merchants are deliberately unregulated, permitting them to offer, in any case, limited types of assistance. However, you ought to guarantee you are entirely mindful of the dangers related to these specialists before opening a record. To know more read our LQDFX review in the above article.

en_USEnglish