Profile
This LQDFX review explores the broker’s offshore forex and CFD trading services. Known for its high leverage, MetaTrader 4 support, and commission-based ECN accounts, LQDFX is unregulated but popular among high-risk-tolerant retail traders seeking flexibility and anonymity.
Regulation and Safety
LQDFX is operated by LQD Limited, registered in the Marshall Islands. It is an unregulated offshore broker and not licensed by the FCA, ASIC, CySEC, or any other major authority.
- No oversight by financial regulators
- No investor compensation schemes or audits
- Claims to maintain segregated accounts, but unaudited
Traders bear full risk, and legal protection is limited due to the broker’s offshore status.
Execution Model and Trading Platforms
LQDFX offers a No Dealing Desk (NDD) model with both ECN and STP order routing. Supported platforms include:
- MetaTrader 4 (Windows, macOS, Android, iOS)
- WebTrader (browser-based MT4)
No MetaTrader 5, FIX API, or proprietary terminals are available. VPS hosting is supported via third-party integration.
Markets and Instruments
LQDFX gives access to over 100 instruments:
- Forex: Over 60 currency pairs (majors, minors, exotics)
- Indices: US30, NAS100, GER30, UK100
- Commodities: Gold, silver, crude oil
- Cryptocurrencies: BTC/USD, ETH/USD, XRP/USD
No individual stocks or ETFs are available.
Accounts, Spreads and Leverage
Five account types are offered:
- Micro: From $20, spreads from 1 pip, leverage up to 1:500
- Gold: From $500, spreads from 0.7 pips, no commission
- ECN: From $500, raw spreads from 0.1 pips, $7/lot commission
- VIP: From $25,000, lower commission, custom spreads
- Islamic: Swap-free version of Gold or ECN
Stop-out levels vary between 50–100% depending on account type. High leverage of up to 1:500 is available.
Funding and Base Currencies
LQDFX supports multiple deposit and withdrawal methods:
- Credit/debit cards
- Bank wires
- Skrill, Neteller
- Bitcoin and crypto payments
Accepted base currencies: USD, EUR, GBP, BTC. Deposits are usually instant, while withdrawals take 1–3 business days.
Client Protections and Features
- Unregulated — no negative balance protection guaranteed
- Segregated account claims not independently verified
- Two-factor authentication available on the client area
- Limited transparency on audit and fund security
Institutional and Retail Offering
LQDFX is focused on retail clients. It does not offer institutional services such as:
- No FIX API or Prime of Prime access
- No white-label or brokerage B2B services
- High leverage and crypto funding appeal to offshore traders
Pros and Cons
Pros
- High leverage up to 1:500
- Low minimum deposit requirements
- Multiple account types including ECN and Islamic
- Accepts crypto deposits
- MT4 support across all devices
Cons
- Unregulated offshore broker
- No protection against broker default
- Limited educational and research tools
- Withdrawals may be delayed or scrutinised
- No MT5, FIX API, or institutional options
Frequently Asked Questions
Is LQDFX regulated?
No, LQDFX is not regulated and operates under an offshore jurisdiction in the Marshall Islands.
What trading platforms are available at LQDFX?
LQDFX offers MetaTrader 4 on desktop, mobile, and browser-based WebTrader.
What leverage does LQDFX provide?
LQDFX offers up to 1:500 leverage depending on account type.
Can I deposit with crypto at LQDFX?
Yes, LQDFX accepts Bitcoin and other crypto deposits alongside fiat methods.
Is LQDFX suitable for beginners?
While accessible due to low minimums, LQDFX carries regulatory risks and may not be ideal for risk-averse beginners.