LQDFX

LQDFX is an unregulated forex and CFD broker founded in 2015 and headquartered in the Marshall Islands. It accepts clients worldwide except in the USA and a small number of restricted countries, and runs an STP (Straight Through Processing) execution model across more than 70 currency pairs and CFD instruments.

Regulation and Fund Safety

LQDFX is not licensed or supervised by any financial regulator. This offshore status removes the compliance costs that regulated brokers carry, which LQDFX passes on as higher leverage and a faster onboarding process, but it also means traders have no regulatory body to turn to in a dispute. The broker states that client funds are held in segregated accounts with Barclays, HSBC, and Deutsche Bank, though this claim is not independently verified by a regulator.

Account Types

• Micro: $20 minimum deposit, average spread from 1 pip, no commission.
• Gold: $500 minimum deposit, spreads from 0.7 pips.
• ECN: spreads from 0.1 pips, $3.5 commission per transaction.
• VIP: $25,000 minimum deposit, spreads from 0.1 pips, $2.5 commission per transaction.
• Islamic: swap-free version of the standard accounts for Muslim traders, no commission.

Trading Instruments and Platforms

LQDFX lists more than 70 currency pairs alongside CFDs on major stock indices, commodities, and metals; it does not offer individual stocks, and cryptocurrency is accepted only as a funding method, not as a tradable instrument. The only trading platform is MetaTrader 4, available on desktop, web, and mobile.

Deposits and Withdrawals

The minimum deposit is $20, with no deposit fee. Funding methods include bank transfer, Visa/Mastercard, the e-wallets Skrill and Neteller, and cryptocurrency (BTC, BCH, ETH, LTC, XRP). Maximum leverage reaches 1:500.

Recognition

In 2017, TheForexAwards.com named LQDFX "Best ECN Broker" and "Most Reliable Broker."

Key Broker Details