Compare Axi vs LQDFX
What is Axi? What is LQDFX?
Axi is a global online broker that offers trading platforms for share CFDs, forex, crypto, gold and more. It was founded in 2007 in Australia and has offices in several countries. It is regulated by ASIC, FCA and DFSA
LQDFX is a global STP forex broker that offers trading services on FX, metals, commodities, indices, cryptos and stocks. It was established in 2015 and is based in the Marshall Islands. It is not regulated by any major authority
Axi vs LQDFX Regulation Comparison
Axi has a higher level of regulation than LQDFX, as it holds licenses from three reputable regulators: ASIC in Australia, FCA in the UK and DFSA in Dubai. These regulators ensure that Axi complies with strict rules on client funds protection, financial reporting, risk management and fair trading practices
LQDFX is not regulated by any major authority, which means that it does not have to follow the same standards as Axi. However, LQDFX claims to use segregated accounts for client funds, offer negative balance protection and adhere to the STP execution model
Axi vs LQDFX Trading Assets Comparison
Axi offers a wider range of trading assets than LQDFX, as it has over 220 products to trade, including forex, shares, indices, commodities, cryptocurrencies and ETFs. Axi also offers access to global markets such as the US, UK, Europe, Asia and Australia
LQDFX has a more limited selection of trading assets, as it only offers forex, metals, commodities, indices, cryptos and stocks. LQDFX does not offer access to ETFs or global markets other than the US and Europe
Axi vs LQDFX Trading Fees Comparison
Axi and LQDFX have different fee structures depending on the account type chosen by the trader. Both brokers offer commission-free accounts with variable spreads, as well as commission-based accounts with tighter spreads.
Axi has four account types: Standard (no commission, spreads from 1 pip), Pro (commission of $7 per lot round turn, spreads from 0 pips), MT4 NexGen (same as Pro but with advanced features) and Islamic (swap-free). Axi also charges a $10 monthly inactivity fee after 6 months of no trading activity
LQDFX has five account types: Micro (no commission, spreads from 1 pip), Gold (no commission, spreads from 0.7 pips), ECN (commission of $3.5 per lot per side, spreads from 0 pips), VIP (commission of $2.5 per lot per side, spreads from 0 pips) and Islamic (swap-free). LQDFX does not charge any inactivity fees
Axi vs LQDFX Account Types Comparison
Axi and LQDFX have different account types that cater to different levels of traders. Both brokers require a minimum deposit of $250 for their commission-free accounts, but they differ in their leverage, minimum trade size and maximum trade size.
Axi offers leverage up to 500:1 for professional clients and up to 30:1 for retail clients (depending on the regulator). The minimum trade size is 0.01 lots and the maximum trade size is 100 lots. Axi also offers a demo account with $50,000 virtual funds
LQDFX offers leverage up to 1000:1 for all clients (except for ECN accounts which have a maximum leverage of 300:1). The minimum trade size is 0.01 lots for all accounts except for Micro accounts which have a minimum trade size of 0.001 lots. The maximum trade size is 100 lots for all accounts except for Micro accounts which have a maximum trade size of 1 lot. LQDFX also offers a demo account with unlimited virtual funds
Axi vs LQDFX Deposit Options Comparison
Axi and LQDFX have similar deposit and withdrawal options, as they both accept credit/debit cards, bank wire transfers, e-wallets and cryptocurrencies. However, they differ in their processing times, fees and currencies.
Axi processes deposits and withdrawals within 1-3 business days, depending on the method. Axi does not charge any deposit or withdrawal fees, except for bank wire transfers which may incur intermediary bank fees. Axi supports 10 base currencies: AUD, USD, EUR, GBP, SGD, NZD, JPY, CHF, CAD and HKD
LQDFX processes deposits and withdrawals within 1 business day, except for bank wire transfers which may take up to 5 business days. LQDFX does not charge any deposit or withdrawal fees, except for bank wire transfers which may incur intermediary bank fees. LQDFX supports 4 base currencies: USD, EUR, GBP and CHF
Axi vs LQDFX Trading Platforms Comparison
Axi and LQDFX both use the industry-standard MetaTrader 4 (MT4) platform as their main trading platform. MT4 is a popular and user-friendly platform that offers advanced charting tools, technical indicators, automated trading systems, market news and more.
Axi also offers the MT4 NexGen platform, which is an enhanced version of MT4 that provides additional features such as sentiment indicators, correlation traders, alarm managers and more. Axi also offers the MT4 WebTrader platform, which is a web-based version of MT4 that can be accessed from any browser without downloading any software
LQDFX does not offer any other trading platforms besides MT4. However, LQDFX provides the MT4 MultiTerminal platform, which is a tool that allows traders to manage multiple MT4 accounts from one interface. LQDFX also offers the MT4 Mobile platform, which is a mobile version of MT4 that can be accessed from any smartphone or tablet device
Axi vs LQDFX Analytical Tools Comparison
Axi and LQDFX both provide various analytical tools to help traders with their trading decisions. These include market analysis, economic calendars, trading signals, trading calculators and more.
Axi offers more comprehensive and diverse analytical tools than LQDFX, as it provides access to Autochartist (a market scanner that identifies trading opportunities based on chart patterns), PsyQuation (a trading analytics platform that helps traders improve their performance), Trading Central (a market research provider that offers technical analysis, market commentary and trade ideas) and VPS (a virtual private server that allows traders to run their automated trading systems without interruption)
LQDFX offers fewer and less sophisticated analytical tools than Axi, as it only provides access to Myfxbook (a social trading network that allows traders to copy other traders’ strategies), Trading Signals (a service that provides trade alerts based on technical analysis) and VPS (a virtual private server that allows traders to run their automated trading systems without interruption)
Axi vs LQDFX. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better or which one you should choose, as different brokers may suit different traders depending on preference, their goals and strategies. However, here are some factors you may want to consider:
- If you value regulation and security, you may prefer Axi over LQDFX, as Axi is regulated by three reputable authorities while LQDFX is not regulated by any major authority.
- If you value trading diversity and global access, you may prefer Axi over LQDFX, as Axi offers a wider range of trading assets and markets than LQDFX.
- If you value low fees and high leverage, you may prefer LQDFX over Axi, as LQDFX offers lower commissions and higher leverage than Axi on some account types.
- If you value trading platforms and analytical tools, you may prefer Axi over LQDFX, as Axi offers more advanced and diverse platforms and tools than LQDFX.
In the end, the best way to decide which broker is better for you is to experiment for yourself. You can open a demo account with both brokers and test out their services and features before switching to a real account. You can also read some user reviews and feedback from other sources to better understand their reputation and performance.
