LQDFX Service Review - Online Forex and CFD broker with STP MT4
Is LQDFX a safe broker to deposit fund with? What's their trading and service conditions?
LQDFX is an online Forex and CFD brokerage firm founded in 2015.
The broker strives to offer STP trading environment which promises the fair and transparent trading environment for traders.
So who is LQDFX and what kind of service do they provide?
Before getting started, let’s check out the introduction video of LQDFX.
LQDFX Introduction Video
In case the video isn’t available or doesn’t play by clicking on it, please visit LQDFX Official Website.
Who is LQDFX?
LQDFX is an Online Forex & CFD broker, based in Marshal Islands.
The broker is relatively new as founded in 2015, and currently a member of “The Financial Commission”.
LQDFX strives to offer “ECN Execution” via MetaTrader4, the Fair Trading Environment for retail investors.
LQDFX doesn’t run any Bonus Promotions but its “Transparency” and “Low Cost” on MT4 are the Advantages of Service.
The broker was also awarded as the “Best ECN Broker” & “Most Reliable Broker” in 2017.
Since 2015, the broker has been receiving positive reviews by traders.
LQDFX Trading Information
With LQDFX, you can trade Forex pairs, Metals, Commodity and Equity Index on MetaTrader4 or xStation.
The maximum Leverage is 1:500, with NBP fully supported.
The average trading cost is 0.2 – 0.4 pips with $5 per 1 lot of commissions.
As an ECN broker through all trading account types, LQDFX allows all kinds of trading activities/methods on its platforms.
To start investing with LQDFX online, you are only required to deposit $20.
Comparison of LQDFX’s all trading account types
LQDFX offers 5 trading account types which are Micro, Gold, ECN, VIP and Islamic.
See the comparison table below to see the difference of trading conditions.
|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|
CFD Service. Your capital is at risk.
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