LQDFX Review

Note: LQDFX has been acquired by PlexyTrade, and its clients have been migrated to this new brokerage. Read more about PlexyTrade or visit PlexyTrade's website.

Established in late 2015, LQDFX has gone from strength-to-strength and has quickly positioned itself as one of the leaders in the FX industry, becoming award-winning on two different occasions.

LQDFX set out its goal of being the most loyal, quality and devoted broker through its business model of following the STP execution avenue. This means LQDFX have no conflict of interest between itself and its clients.

No requotes, lightning quick execution and no dealing desk intervention.With its market leading affiliate program, LQDFX highly values the business that you introduce and we generously reward this as an ongoing commission for each and every trade that a referred client makes. LQDFX offers a variety of programs in which our partners can benefit from, all of which can be obtained depending on the partners experience, portfolio size and know-how in the forex market.

Typical Spread on Majors

* STANDARD account shown.
Headquarters Majuro, Marshall Islands
Type of Broker STP & ECN/STP
Founded 2015
Regulated By Regulated By Not Regulated
Offices In Malta, Marshall Islands
Supported Languages English, Turkish, Italian, Russian, Spanish, French
ESMA Regulation ? This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account Currencies USD, EUR
Minimum Deposit $20
Traders from USA Allowed Yes
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Muslim Faith Only
ECN / STP Accounts Offered Yes
Commission on STP or ECN $7 / Lot round trip
VIP Accounts Offered Yes
VIP Account Requirements $25,000 Minimum Deposit
Mini Accounts Offered No
PAMM / MAM Solutions Yes
API Solutions No
Mobile Trading Yes
Web Based Trading No
Funding Methods Credit/Debit Cards, Wire Transfer, VLoad, Skrill, Neteller, FasaPay, Bitcoin, Ripple, Bitcoin Cash, Litecoin, KoalaPays
Withdrawal Methods Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Bitcoin, UpayCard
Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android
NO of Pairs 89
Cryptocurrency Trading No
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts No
Mobile Alerts No
Trading Server Time GMT
VPS Offered No
Dealing Desk No
Maximum Leverage 500:1
Minimum Contract Size 0.01
Execution Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No
Liquidity Providers 10+
Negative Balance Protection Yes
CFD's Yes
Metals Yes
Oil Yes
Indices Yes

LQDFX Reviews

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Craig Country: United States Acc No: 1******6 Mar 13, 2020
LQDfx is NOT TO BE TRUSTED! **Be very, very careful** they just ripped me off for about $25K. I was trading off of price action on specific pairs related to the Coronavirus (...doing very well I might add)...they made up a bunch of nonsense--saying that they were going to disallow a bunch of my trades because they suspected of some type of arbitrage and/or fraudulent trading activity in my accounts... Absolute complete utter nonsense on their part… Without any warning they froze my accounts, ignored my emails & locked me out of their site. They only want traders that lose money...

Al Country: United States Mar 27, 2019
Trading with lqd for the past year or so, so far so good, no major issues or anything to complain about. Definitely recommend it
Jeff Country: United States Mar 9, 2018
My review is based on 6-7 months of trading. Was testing their DEMO for a while before a put some funds in, everything seemed pretty much fine - the spread, the platform works fine and can't help but mention the execution speed..awesome. Fortunately, nothing changed when I went live, still low spread and fast execution so far I enjoy trading with lqd. Also must mention the customer service, polite and competent people, always there to help if needed. Overall, I can't say anything negative. Thanks
Philip Country: United States Mar 7, 2018
Good and honest broker, I pretty much enjoy my trading experience here. Had some difficulties with funding before, but it all got sorted, now they even have better funding options for US clients
J12 Country: United States Jan 22, 2018
Been trading with lqdfx since last year and I guess I'm staying with them. Till now this company's shown nothing but perfect service and care for its clients. Low spreads, fast execution without sudden spikes or spreads jumping through the roof unlike other brokers I was with, I guess everybody knows who I'm referring to :) Anyway, I've tried all brokers accepting US clients and lqd is the one I am staying with. Hope they keep it up this way
Jonny Country: United States Aug 30, 2017
Very good! Loving the experience here
EricB Country: United States Aug 16, 2017
Very accurate and reliable broker!!! We are a group of ppl trading with lqdfx, till now no problems whatsoever! Amazing trading conditions, fast withdrawals and fast support! What else a trader would need?!
TimFx Country: United States Aug 3, 2017
Finally a decent broker with low spreads and no restrictions. Spreads are tight and customer service is fast. Just made my 2nd withdrawal and been processed same day. Keep it up!
Jake Country: United States Jul 19, 2017
Absolutely impressed by these guys so far, have tried other brokers the past few years, but none of them cares for their clients like lqdfx do. Probably the most competitive trading conditions out there as well as easy and smooth withdrawals. Keep it up guys, 5 stars from me
WilsonFx Country: United States Jul 4, 2017
Been trading with lqdfx for months now, I do enjoy the tight spreads, the fast execution and their customer service seems very professional. I can't say I'm not satisfied with what I get.
Kovac Country: Slovakia May 23, 2017
Very different broker than the ones I've been with before. So far my experience has been great, great service, great support, great bonus as well. Obviously they know how to keep their clients happy. I hope they keep up the good work for the future as well! Definitely recommend

Broker Bonuses

$10,000 Welcome Bonus - Join AvaTrade and get a New Clients Bonus up to $10,000

$10 No Deposit Bonus - Open a Live STP account, $10 Bonus is automatically added to your account

100% Deposit Bonus - Receive a 100% Bonus on Deposits (Max Bonus $5,000). Bonus credited after required lots are traded.