Compare FP Markets vs LQDFX
What is FP Markets? What is LQDFX ?
FP Markets is a global contract for differences (CFD) and online retail foreign exchange (Forex) broker established and regulated in Australia since 2005. It offers trading services on Forex, CFDs, indices, shares, commodities, metals, bonds and futures. It has won over 40 international awards for its performance-driven technology, competitive pricing and exceptional customer support.
LQDFX is a global award-winning STP (straight through processing) forex broker that offers trading services on FX, metals, commodities, indices, cryptos and stocks. It was founded in 2015 and is registered as a Marshall Islands Business Corporation. It provides ultra-fast execution, one-click trading, depth of market, advanced technical analysis and negative balance protection.
FP Markets vs LQDFX Regulation Comparison
FP Markets is regulated by some of the most stringent international authorities such as the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the European Securities and Markets Authority (ESMA). This means that FP Markets must adhere to high standards of transparency, accountability and investor protection.
LQDFX is not regulated by any official body, but claims to follow the best industry practices and comply with the applicable laws of the Marshall Islands. This means that LQDFX may not be subject to the same level of oversight and scrutiny as a regulated broker.
FP Markets vs LQDFX Trading Assets Comparison
| Broker | Forex Pairs | Shares | Indices | Commodities | Metals | Bonds | Futures | Cryptos |
|---|---|---|---|---|---|---|---|---|
| FP Markets | 60+ | 10,000+ | 19 | Coffee, natural gas, corn & more | Gold, oil, silver & more | US10YR & UK Long Gilt Futures GILT | Yes | No |
| LQDFX | 71+ | No | 11+ | Coffee, natural gas, corn & more | Gold, oil, silver & more | No | No | 5 |
FP Markets vs LQDFX Trading Fees Comparison
Both brokers offer competitive spreads and commissions on their trading instruments. FP Markets claims to offer consistently low spreads from 0.0 pips on major pairs such as the EUR/USD, USD/JPY and GBP/USD, thanks to its deep liquidity and market leading pricing. LQDFX also claims to offer tight spreads from 0.0 pips on major pairs, thanks to its STP execution and no conflict of interest.
Both brokers charge commissions on their ECN accounts, which are designed for more experienced and high-volume traders who want direct market access and lower spreads. FP Markets charges from $3 per lot per side on its ECN account, while LQDFX charges from $3.5 per lot per side on its ECN account.
Both brokers apply swap rates or overnight fees on their trading positions that are held open past the end of the trading day. The swap rates vary depending on the instrument and the account type, and can be either positive or negative depending on the direction of the trade and the interest rate differential between the two currencies involved.
FP Markets vs LQDFX Account Types Comparison
| Broker | Account Types | Minimum Deposit | Maximum Leverage | Base Currencies |
|---|---|---|---|---|
| FP Markets | Standard, Raw, ECN, Islamic | $100 | 1:500 | AUD, USD, EUR, GBP, SGD, HKD, NZD, JPY, CHF, CAD |
| LQDFX | Micro, Gold, ECN, VIP, Islamic | $20 | 1:1000 | USD |
FP Markets vs LQDFX Deposit Options Comparison
| Broker | Deposit Options | Withdrawal Options |
|---|---|---|
| FP Markets | Credit/debit cards (Visa/Mastercard), bank wire transfer, Neteller, Skrill, PayPal, POLi Payments, BPAY, FasaPay, Paytrust88, Ngan Luong.vn (for Vietnamese clients), Broker to Broker Transfer (B2B) | Credit/debit cards (Visa/Mastercard), bank wire transfer, Neteller,.. |
| LQDFX | Credit/debit cards (Visa/Mastercard), bank wire transfer, Neteller, Skrill, FasaPay (for Indonesian clients), VLoad (for European clients) | Credit/debit cards (Visa/Mastercard), bank wire transfer, Neteller, Skrill |
FP Markets vs LQDFX Trading Platforms Comparison
| Broker | Trading Platforms | Web-Based | Mobile App | Desktop App |
|---|---|---|---|---|
| FP Markets | MetaTrader 4, MetaTrader 5, Iress Trader, Iress Investor, Iress ViewPoint | Yes | Yes | Yes |
| LQDFX | MetaTrader 4 | Yes | Yes | Yes |
FP Markets vs LQDFX Analytical Tools Comparison
Both brokers offer a range of analytical tools to help traders make informed trading decisions. Both brokers provide charting tools, technical indicators, and market analysis on their trading platforms.
FP Markets offers some additional analytical tools that LQDFX does not. FP Markets provides news and insights from various sources such as Reuters, Trading Central, Autochartist, and Myfxbook. FP Markets also provides an economic calendar that shows the upcoming events and data releases that may affect the market movements.
LQDFX does not offer any news or insights service on its website or platform. LQDFX also does not offer an economic calendar on its website or platform. LQDFX only provides some basic chart analysis on its website, which is updated weekly.
FP Markets vs LQDFX . Which forex broker is better? Which forex broker should you choose?
You can refer to some common pros and cons of each broker to help you make an informed decision.
FP Markets Pros and Cons
Pros:
- Regulated by reputable authorities such as ASIC, CySEC, and ESMA
- Offers a wide range of trading assets, including shares, bonds, and futures
- Offers multiple trading platforms, including MT4, MT5, and Iress
- Provides news and insights from various sources
- Provides an economic calendar
- Offers negative balance protection
Cons:
- Charges commissions on some account types
- Does not offer cryptos
- Does not accept US clients
LQDFX Pros and Cons
Pros:
- Offers high leverage up to 1:1000
- Offers low minimum deposit from $20
- Offers cryptos
- Offers negative balance protection
- Accepts US clients
Cons:
- Not regulated by any official body
- Offers fewer trading assets, does not offer shares, bonds, or futures
- Only offers MT4 as the trading platform
- Does not provide news or insights
- Does not provide an economic calendar
