A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up. LQDFX is overseen by the top tier financial regulators Financial Commission so can be considered a good broker. LQDFX allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Please note that the list of payment methods below depend on the LQDFX Entity and the Clients Country of Residence. This means LQDFX fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes. Although we found some very useful aspects of the LQDFX platform that would be useful to some traders.
This forex broker is one of the few that does not include a list of countries that they do not accept clients from on their website. Upon reaching out to the customer support team via email, I was informed that Belarus is the only country that they are currently not accepting clients from. Yes, this means that U.S. traders are welcome to create and account, deposit and trade with this broker. LQDFX provides the well-known and widely popular MetaTrader 4 trading platform. App versions for Windows, Android and iOS can all be downloaded directly from the broker website. Today, most who trade forex do so within the MT4 platform, which has become popular due to the extensive number of tools and features that it provides. In addition to its advanced charting packages, MT4 also offers a variety of EAs , which allow for automated trading on behalf of the trader.
In accordance with our research, LQDFX is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that LQDFX is not a scam, read our trader reviews and check other popular trading related websites and forums. Prices of cryptocurrencies are extremely volatile Retail foreign exchange trading and may be affected by external factors such as financial, regulatory or political events. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite. As concerns trading promotions, there is a 100% welcome bonus up to 20,000 USD/EUR.
The whole notion of regulation is to protect LQDFX traders and provide a safe trading environment. We have checked and LQDFX is regulated and supervised by reputable organisations. You are able to check every LQDFX supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with LQDFX. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client’s investment in the event the broker becomes insolvent.
- Are you looking for the best online trading broker to start your trading journey than you are at the right spot?
- LQDFX MetaTrader 4 is compatible with the latest macOS Mojave.
- All the accounts have Market Execution type and do not have requotes.
- The bonus applies to deposits between $250 and $20,000 and needs to be selected at sign up.
- CFDs are leveraged products and as such loses may be more than the initial invested capital.
- The Gold account has extremely tight spreads with EURUSD starting at 0.7 with no commissions applying.
While each piece provides all the information necessary to place a trade, including stop loss and take profit levels, it is unacceptable for any signal provider to only provide a chart. The three calculators available on the website are of little use to active traders. LQDFX should make the minimal investment to offer them as MT4 plugins, which would make them beneficial to clients, and upgrade the trading platform. A combination of spreads and commissions exist at LQDFX, depending on the preferred account type. The commission-free Micro Account commences with 1.0 pips, lower than many brokers grant in their standard ones. The mark-up is 0.7 pips in the Gold Account and Islamic Account, which places LQDFX in a competitive position.
The company was founded relatively recently, in 2015 in Malta. This is one of the offshore zones, which is a common practice among broker companies. To increase the loyalty of potential customers, a minimum deposit threshold of $20 has been set.
The Islamic account can be made available in the VIP form should the minimum deposit be $25,000. The Gold account accommodates traders who are looking to trade higher volume sizes, with the maximum lot size being 40 lots. The Gold account has extremely tight spreads with EURUSD starting at 0.7 with no commissions applying. Its reputation does not have black spots, and the reviews are fairly neutral. But the problem lies in the lack of regulation, which already imposes a negative mark on the company’s activities.
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This platform has made trading easy by providing all the necessary guidance to the people and its users that caters to all the issues faced by them. Educational videos, seminars, and expert trading are copied to get a better understanding of trading. Any type of trading requires immense knowledge and experience to become a professional trader.
However, it doesn’t mean the company is regulated or licensed. Though MetaTrader 4 is still popular, there exist a lot of other terminals that many brokers provide. In comparison to other brokers, the trading conditions of LQDFX are fairly competitive and could be considered as average. It is not as rich as the desktop version, but it has the same functionality as the mobile version and can also be used for trading without any major limitations. The terminal can be accessed from a browser, so users can use it on macOS and Windows platforms without installing any software on the PC. LQDFX provides its customers with mobile versions available of MT4 on Android and iOS operating systems. They are not much different between brokers offering this platform, which is why the functions are the same.
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LQDFX is not licensed or regulated by any financial institution. The broker is quite transparent about its business model and has a range of legal documents on its website, which is better than most unregulated brokers. However, the broker has received some negative user reviews online, so we suggest exercising caution before opening an LQDFX account.
LQDFX is an unregulated forex CFD broker registered in the Marshall Islands. So, when it comes to the security of your investments, there is always a degree of risk with unregulated brokers. Also, in the event of a dispute or claim, you cannot approach any regulatory agency since none of them covers the activities of LQDFX. Using MetaTrader 4 gives clients access to their accounts across devices since MT4 offers a full range of compatibility options. You can download a desktop version for Windows or Mac OS, use the Web Trader, or download the mobile application for tablets and smartphones, whether they run Android or iOS. You will be hard-pressed to find an LQDFX cryptocurrency review, as the broker does not currently offer this type of asset for trading. Due to the format and current offerings of the broker, if it were to add cryptocurrencies in the future, it would likely be in the form of cryptocurrency CFDs.
Is Lqdfx Safe?
It should be strongly noted that there is absolutely no guarantee of performance when using a managed account and you should understand the significant risks involved with trading. LQDFX is an online brokerage firm that offers STP trading, low spreads, and fast executions with minimal requotes. They offer over 100 instruments for trading on the MT4 platform, which is suitable for all types of traders and trading strategies. The minimum deposit amount for the Islamic account is $20, and it offers a maximum of 300 to 1 leverage. The estimated benchmark EUR/USD spread is at 0.7 pips, and the maximum position size is 40 lots. The minimum deposit for the Gold account is $500, and the maximum leverage is 300 to 1. Overall, the provided assets is suitable for the dedicated forex trader, leaving little else for those who wish to branch out and trade other assets.
The owner of this trading brand, “LQD Limited” operates from Marshall Islands, which means that this corporation acts as an offshore business. Additionally, lqdfx is a member of The Financial Commission, but this organization does not hold much integrity in the modern trading world. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms. Different broker platforms provide services to their users in various forms.
The minimum transaction size is 0.01 and 0.1 for VIP accounts. TopForexBrokers.Net team does not trust this broker and advises you not to sign up with it. LQDFX Foreign exchange market do not charge any type of inactivity fee as you may see from other brokers you have traded with. This means clients from the US can open an account with LQDFX.
Licenses & Regulation
Many brokerages request minimum deposits of at least $100, regardless of account type. While some do opt to start slowly and move to better account levels over time, other brokers choose to take full advantage of the perks that the top tier account types offer straight away. This means that traders are trading under “true” market conditions rather than artificial conditions that would otherwise be determined by the broker. This brokerage does offer variable spreads, with the best spreads being LQDFX Forex Broker Review provided to the higher-tier account holders. The lowest possible spread is 0.1, which would be made available to ECN and VIP account holders on some assets. Do consider a demo account when available to ensure that the platform does provide the same spreads that are being shown in broker advertisements. LQDFX opened their doors in 2015 and is a full-service STP brokerage offering forex trading on over seventy currency pairs, as well as several CFDs options on indices, commodities and metals.
E-wallet withdrawals are free, with minimum amounts varying by method and withdrawal times of one business day. Potential traders should review forex spreads or those for the specific asset they are interested in before signing up for an account. Pay attention to variations in spreads based on the account type, as well. If you review CFD offerings, you will find six commodities and 12 indices. As with forex, there is no need to look for UK review to find spreads, as these are clearly listed on the broker’s website and vary by account type. Those interested in an LQDFX CFD review will find themselves exploring the limited categories of CFDs available.
An account manager is assigned to every client irrespective of the account type chosen. Traders who want to invest in other traders to trade with all or a portion of the funds in their account can invest into PAMM accounts. When logged into the clients’ area, traders can access the PAMM statistics to view a list of PAMM accounts and their performances. Each master sets the minimum deposit and performance fee; which is the payment for his services.
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We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. This LQDFX review was written by industry experts with over 20 years of financial forex experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. Traders have the MT4 trading platform available, albeit without any of the required upgrades.
It provides clients with profitable trading strategies an opportunity to increase their income from the Forex market, even if their accounts feature smaller balances. Fund managers receive a performance bonus, aligning their interests with investors.