To get started, all you need to do is complete some basic personal information. This simply includes your name, email address, and telephone number. Just make sure you can verify this information when you want to upgrade to a live account. All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions.
This means LQDFX have no conflict of interest between itself and its clients. This means that whenever a client of LQDFX places a trade, there is no dealing desk manipulation, no requotes and no conflict of interest. Every trade is placed in to the LQDFX aggregator which ensures the best price for your trade, provided by a number of top-tier liquidity banks. The basic trading tools are also available for free for traders of LQDFX. As an STP Forex broker, LQDFX allows all kinds of trading activities on its trading platforms besides arbitrage.
It has incredible features and incredible designs that help traders at all levels. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
LQFX has launched a new feature, in which the users and new trader can invest in the trades of the professional traders as per their choice. The platform shows the option of the name of a person, account id, gains got in trading, balance, equity, and many other things to have a better understanding of where to invest. Further features and details can be accessed from the following link.
The estimated benchmark EUR/USD spread is at 0.1 pips with a commission of 0.0025% of notional trade value. The minimum deposit for the ECN account is $500, and it offers a maximum of 300 to 1 leverage. The estimated benchmark EUR/USD spread is at 0.1 pips, but a commission of 0.0035% of hypothetical trade value is also added.
- Also, in the event of a dispute or claim, you cannot approach any regulatory agency since none of them covers the activities of LQDFX.
- The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here.
- LQDFX require a minimum desposit of 20 GBP/USD when opening an LQDFX trading account.
- It has an easy and reliable trading interface to start the trading journey.
- For traders that are new to the market and are looking to become a professional FX trader, LQDFX has the tools to help you succeed; E-Books, Trading Courses & Video Tutorials are all available.
- This is reasonable for the commission charge is not in effect on that particular account level.
LQFDX offers a wide range of offers and promotions for its users. All the current offers and promotions can be accessed and viewed from the quick menu at the LQFDX main menu. However, currently, there are no offers and promotions are available at the moment. Offers and promotions are available in various countries as per their national holidays and other major events. The lack of regulation will always cause slight discomfort in the minds of many traders. Visa and MasterCard withdrawals on the other hand do apply a fee of $10 per withdrawal where the minimum withdrawal amount is $20. By way of non-trading fees, none are charged for bank transfers unless implemented by your bank.
The terms and conditions are acceptable, allowing traders with deposits above $250 to accelerate their growth strategy. The educational section at LQDFX offers traders six video courses with numerous short videos. It caters primarily to millennial traders who prefer to watch one-to-two minutes videos rather than read in-depth material. New traders will not receive a comprehensive introduction to trading, but the presented content does grant a brief overview. While LQDFX does not provide the Web Trader for MetaTrader, it does support the Smartphone apps for both Android and iOS devices like iPhones and iPads.
There are also various payment systems like Skrill, Neteller, FasaPay, and vLoad that are instant and do not have additional deposit charges from LQDFX. Micro, Gold, and Islamic accounts are commission-free while the spreads on Micro accounts start from 1.0, Gold and Islamic accounts have spreads starting from 0.7. ECN accounts have commissions starting from 3.50 USD/EUR per 100,000 contract size, while VIP accounts have 2.50 USD/EUR per 100,000. Regarding the other commodities like Oil, Copper, and Natural Gas, there are very few of them.
Lqdfx Platforms & Tools
It works seamlessly with the trading infrastructure of the broker. It also supports the use of expert advisors for automated trading with ease, something our LQDFX UK review team appreciates since it can free up time and let investors trade while they sleep. Clients are offered multiple account types accommodating various trading conditions and trading capitals.
As a market maker, LQDFX may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades. The LQDFX advanced trading Foreign exchange autotrading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. LQDFX offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.
What Is The Broker Lqdfx?
This enables the return of money in case there is liquidation done by the Broker. For opening an account, you need to pay a simple visit to the LQDFX trading platform. The user needs forex to fill in all the personal information, as required by the trading platform. You must understand that Forex trading, while potentially profitable, can make you lose your money.
For traders, LQDFX has a professional-looking and well-rounded STP/ECN execution-style. It is practically for trading a huge range of assets in the form of Forex currency pairs as well as CFDs. For LQDFX broker, the customer support is UK based, which forex is offered by chat, telephone, or email from Monday to Friday during working hours. LQDFX processes withdrawal requests in two business days or less. As usual, the wait time after that is completely dependent upon the chosen withdrawal method.
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world. You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.
A minimal deposit of $20 is needed for the Micro account, and it offers a maximum of 500 to 1 leverage. The benchmark EUR/USD spread is estimated at 1 pip, and the maximum position size is 5 lots. However, LQDFX has no mention of complying with any Indian regulators on its website. It is also worth mentioning that Forex trading is actually prohibited in India. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here.
The portal is compatible with various devices and operating programs, which means that you can access it on Windows, iOS or Android. There is an e-book provided on forex trading, offering a deeper dive into trading psychology, behaviour and key concepts. A range of articles is also on offer, exploring technical analysis and risk management, as well as a course on trading strategies for various experience levels and markets. LQDFX demo accounts are loaded with up to $100,000 of simulated money and replicate real-money trading conditions. Prospective clients can get to grips the MT4 trading platform, delve into new markets and test strategies with zero risk to capital. All providers have a large percentage of retail investor accounts that lose money when trading CFDs with their company.
They provide clients with the popular MetaTrader 4 platform, multiple account types, multiple payment options, and a dedicated client support team. The broker’s prices and execution come from top-tier banks which serve as its liquidity providers. LQDFX follows the straight-through processing execution model and has no dealing desk.
What Funding Methods Do Lqdfx Accept?
It deals with all issues, be it document verification to KYC verification to PAMM and other error messages. When it comes to forex trading, an E-book, which gives a wider depth to understand the nature of trading, and important concepts are also provided. No licensing or regulatory requirements are listed LQDFX Forex Broker Review by any financial institution to LQDFX. When it comes to the business model, the broker ensures maximum transparency in the process. A deposit bonus of 100% is available on LQDFX, depending on the payments made with tradeable cash. If the deposits are between 250$ to 20,000$, the bonus can get applied.
These are the tools of every professional and successful trader. LQFDX provides enough tools regarding charting and analysis that provide great help during the trading.