LQDFX
Published: Updated:
- Trust score
- 3/10
- Legal simplicity
- 3/10
- Min. deposit
- 20
- Trading platforms
- Payment systems
- Instruments
- Forex, Metals, Indices, Energies, Cryptocurrencies
- Legal entity
- LQDFX Ltd
- Jurisdiction
- Marshall Islands
- Fees
- Micro, Gold and ECN accounts differ in pricing, with ECN quoting raw spreads against a per-lot commission. Overnight swaps apply, and swap-free accounts are available on request.
- Withdrawals
- Withdrawals return to the funding method and are normally processed within one business day, with e-wallet and cryptocurrency payouts arriving fastest.
Features
- Trader seminars and training
- Low $20 minimum deposit
- Islamic (swap-free) accounts
- MAM terminal for money managers
- Segregated client accounts
- ECN account type
- Scalping allowed
- Affiliate program
Pros
- No meaningful advantages identified.
LQDFX is a forex and CFD broker founded in 2015 and based in the Marshall Islands, open to traders worldwide except the USA and a handful of restricted countries. It runs an STP execution model with no oversight from any financial regulator, so the offshore structure trades regulatory protection for higher leverage and an easier signup process. Trading is limited to the MetaTrader 4 platform.
LQDFX offers ECN and Islamic accounts, a $20 minimum deposit, and MAM tools for money managers, backed by trader seminars and an affiliate program.
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
| Detail | Value |
|---|---|
| Year founded | 2015 |
| Headquarters | Marshall Islands |
| Regulation | None |
| Trading platforms | MT4 |
| EUR/USD spread | 1 pip |
| Demo account | Available |
| Minimum deposit | $20 |
| Base currency | USD |
| Maximum leverage | 1:500 |
| Assets | Currency pairs, indices, metals |
| Deposit methods | Bank transfer, Visa/Mastercard, Skrill, Neteller |
Trading conditions
LQDFX offers Micro, Gold and ECN accounts on MetaTrader 4, with very high leverage and low minimum deposits.
There is no proprietary platform and no distinctive product feature. The offering competes on leverage and withdrawal speed.
Hedging, scalping and Expert Advisors are permitted without restriction.
Verification
Verification requires photo ID and a proof of address, normally reviewed within one business day and required before the first withdrawal.
The operating entity is registered in the Marshall Islands, which has no financial services regulator supervising forex business. There is no licence to verify, no leverage cap, no conduct rulebook, no complaints mechanism and no compensation scheme. This is the least supervised structure in common use, and the firm's own record is the only evidence available.
