Can traders in the USA open accounts with LQDFX?
Can US traders open Forex trading account with LQDFX?
STP & High Leverage Broker, LQDFX offers “Raw Spread” through MT4, let’s see the actual spread.
- Can US Traders open accounts with LQDFX?
- How to open an account with LQDFX?
- Comparison of LQDFX’s Trading Account Types
- LQDFX VIP Account with 0.0 pips of spread
- What’s the merit of using LQDFX’s VIP Account?
Can US Traders open accounts with LQDFX?
LQDFX is an online Forex and CFD broker that provides an online trading service to traders all over the world.
LQDFX accepts traders internationally.
To find out if LQDFX accepts traders from your country, go to LQDFX Official Website and open a live trading account.
LQDFX verifies if you are an eligible client or not during the process.
LQDFX’s main advantages are the “High Leverage” and “STP(Straight Through Processing) Execution”.
LQDFX offers Forex and CFDs through an “award-winning” trading platform, MT4.
No trading methods are restricted on its trading platforms and LQDFX guarantees that there is no “Conflict of Interest” between the broker and its traders.
How to open an account with LQDFX?
Are you interested in trading with one of the most popular Forex and CFD brokers, LQDFX?
You can open an account with LQDFX for free, and the account opening process may only take a few minutes to complete.
Follow the simple steps below to open a Forex trading account with LQDFX today.
- Go to LQDFX Official Website.
- Click on “OPEN LIVE ACCOUNT” at the top of the page.
- Fill in the forms and submit.
- Receive login credentials for your account.
- Make a deposit to your account from LQDFX’s client portal.
- Download LQDFX MT4 trading platform from the Official Website.
- Log in to LQDFX MT4 and start trading.
The process is straight-forward and you may only need to follow the on-screen instructions to complete the account opening.
With LQDFX, you can start trading Forex and CFDs from only 20 USD of the minimum deposit amount.
The trading conditions and the required minimum deposit amount are different depending on the account type you choose with LQDFX.
Comparison of LQDFX’s Trading Account Types
As a trader of LQDFX, you can choose from 5 trading account types.
You can also open multiple trading accounts of different types to try out the difference in trading conditions.
We have summarized the trading conditions of LQDFX’s all trading account types in the table below.
| Account Types | Micro | Gold | ECN | VIP | Islamic |
|---|---|---|---|---|---|
| Order Model | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| Execution Model | STP | STP | STP | STP | STP |
| Account Manager | Available | Available | Available | Available | Available |
| Maximum Leverage | 1:500 | 1:300 | 1:300 | 1:100 | 1:300 |
| 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 | Unlimited | 40 lots |
| Average Spread | 1 pip | 0.7 pips | 0.1 pips | 0.1 pips | 0.7 pips |
| Swap Points | Charged/Credited | Charged/Credited | Charged/Credited | Charged/Credited | None |
| Available Markets | FX, Indices, Commodities, Metals | FX, Indices, Commodities, Metals | FX, Indices, Commodities, Metals | FX, Indices, Commodities, Metals | FX, Indices, Commodities, Metals |
| Re-quotes | None | None | None | None | None |
| Trading Commission (FX) | None | None | $7 per lot | $5 per lot | None |
| Numbre FX Pairs | 71 | 71 | 71 | 71 | 71 |
| Number of Stock Indices | 12 | 12 | 12 | 12 | 12 |
| Number of Commodities | 5 | 5 | 5 | 5 | 5 |
| Trading Platform | MT4 | MT4 | MT4 | MT4 | MT4 |
| Access to Educational Series | Available | Available | Available | Available | Available |
| Required Minimum Deposit | 20 USD | 500 USD | 500 USD | 25,000 USD | 20 USD |
Note that the Islamic swap-free account type is available only for traders with the Islamic faith.
If you are not a trader with the Islamic faith, then you can open either Micro, Gold, ECN and VIP accounts.
The main differences in trading conditions are the trading cost (spread and trading commission), maximum leverage and the required minimum deposit amount.
LQDFX VIP Account with 0.0 pips of spread
On the official website of LQDFX, the broker mentions that they offer average “Raw Spread” of 0.1 pip of spread through VIP and ECN account types, with only $5 per lot or less trading commissions.
If the trading conditions(STP and the low trading cost) are real, then that makes LQDFX one of a few brokers in the world where you can trade with the lowest possible trading cost.
Let’s see the actual spread of LQDFX’s VIP account through MT4.
The average minimum spread of VIP account is around 0.0 – 0.2 pips
LQDFX does not add any markup spreads on the “Raw Spread”.
Instead, the broker charges $5 for every 1 round turn lot of positions.
In this case, you may add 0.5 pips to the spread, so 0.5 – 0.7 pips would be the actual minimum trading costs for traders.
The trading cost itself is one of the lowest among hundreds of Forex brokers.
There are 5 trading account types to choose from with LQDFX.
For more information about LQDFX’s trading conditions, go to the official website below.
What’s the merit of using LQDFX’s VIP Account?
LQDFX’s merit isn’t just the low cost of trading, but also the broker offers STP(Straight Through Processing) trading environment.
LQDFX guarantees that there is:
- No Conflict of Interest between traders and the broker
- No Manipulation to the market prices
- No Interference to clients’ orders
STP means that you are trading in the most fair trading environment. No market maker activities against clients.
Please note one thing that LQDFX’s VIP account requires 25,000 USD as a minimum deposit amount. For other account types, you can start trading from 20 USD with LQDFX.
For more information about LQDFX, you can find it below.
-
Official Site
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