A registration process for opening a simple, safe and fast account to be able to start investing with LQDFX.
Open a new account with LQDFX
LQDFX is an online broker that is committed to offering the best possible trading conditions, which has a safe and reliable environment to protect its clients and itself.
Opening a new account with the broker will not be complicated, but the process is completely free and it will only take a few minutes to complete the entire operation.
In summary, traders interested in starting investing with LQDFX will have to provide the broker with a valid email address, an identified name, decide the initial balance and choose the platform that best suits their needs.
After entering the previously chosen password and clicking on the verification link sent to your e-mail address, the trader will be able to access the main page dedicated to trading.
To start investing you will need to follow the next steps.
- Choose an account type between individual and corporate
- As a first step you will have to choose whether to open a business or individual account based on your investment prospects and the type of customer (whether an individual or a company).
- Provide personal data
- Subsequently the trader will have to fill in the form with the personal data requested such as name, surname, telephone number, valid e-mail address, country of residence, residential address, postal code, city and province.
- Answering specific questions
- For an additional guarantee it will be necessary to answer a series of questions, including financial situation, information on the trader’s work, past experience in trading, the base currency of the account, platform, type of account and any request for bonuses and promotions.
- KYC check
- LQDFX uses the KYC (Know Your Customer) policy, a maximum security procedure that allows the broker to request authenticated personal information from all new customers such as identity cards (or any other valid identification document) and proof of current residential address. As for traders with Islamic faith interested in opening an account, it will be essential to send the documentation that clearly certifies their religious beliefs.
- Make a deposit into your account
- Now the trader, after being eligible, will be able to deposit funds on his account, being able to choose from a wide range of payment methods available to suit any need and start investing.
- Start trading
- The client will be able to start investing in a wide list of available instruments with extremely competitive trading conditions such as STP execution, spreads starting from 0, negative balance protection and much more.
Types of accounts offered by LQDFX
The list of accounts available with LQDFX has been structured in such a way as to satisfy any need.
Each trader has his own way of trading, uses strategies suited to his style, and has his own minimum and maximum investment ceiling.
Based on this, each client will have the opportunity to find the account that is most compatible with their trading.
All the accounts offered by the broker, despite having different characteristics, are STP (i.e. straight through processing) excluding the ECN account.
The available accounts are Micro, Gold, ECN, VIP and Islamic.
- Micro Account
- The Micro Account is designed for inexperienced FX trading traders who want to try their hand at trading without having to commit large sums of money. This type of account allows clients to start trading on the MT4 platform with a minimum investment of 20 USD.
- Gold Account
- The Gold account is ideal for traders looking to trade with higher volumes. Its main features include a maximum size of 40 lots, extremely low spreads with EURUSD starting from 0.7 and zero commissions to be incurred for trading on FX, commodities, metals and indices.
- ECN Account
- Account type created for retail traders, it is usually chosen by scalpers who prefer in short-term trading. The ECN account offers trading with raw spreads as low as 0.1 pips and extremely low commissions on trades.
- VIP account
- Designed to satisfy the demands of the most demanding traders, it presents extremely favorable conditions for high-level trading. The trader will benefit from the best trading conditions on all available products, individual support, no restrictions on maximum lot sizes and customizable trading tools. The minimum deposit required is $25,000.
- Islamic Account
- The Islamic Trader account has the same features as the Gold account, from spreads to lot size restrictions. The only difference is that with this type of account no swaps will be applied to the rollover times. Traders will be able to request a VIP version of the account by setting the minimum deposit to $ 25,000.
Comparison of LQDFX accounts
In the next table, all the main features of each individual account will be compared.
|Average Spread||1.0 pip||0.7 pips||0.1 pips||0.1 pips||0.7 pips|
|Minimum Deposit Amount||$20||$500||$500||$25000||$20|
|Execution Type||Market Execution||Market Execution||Market Execution||Market Execution||Market Execution|
|Minimum Trading Volume||0.01 lots||0.01 lots||0.01 lots||0.1 lots||0.01 lots|
|Maximum Trading Volume||5 lots||40 lots||40 lots||None||40 lots|
|Available Markets||FX, Indices, Commodities, Metals, Cryptos||FX, Indices, Commodities, Metals, Cryptos||FX, Indices, Commodities, Metals, Cryptos||FX, Indices, Commodities, Metals, Cryptos||FX, Indices, Commodities, Metals, Cryptos|
|Trading Commission||None||None||3.50USD/EUR per 100,000||2.50USD/EUR per 100,000||None|
|Account Opening Page||Micro||Gold||ECN||VIP||Islamic|