Compare IFC Markets vs LQDFX
What is IFC Markets? What is LQDFX?
IFC Markets is an online broker that offers trading services in forex, CFDs, commodities, indices, stocks, ETFs and cryptocurrencies. It is regulated by the British Virgin Islands Financial Services Commission (BVI FSC) and has been in operation since 2006. It has offices in Cyprus, Hong Kong and the United Arab Emirates.
LQDFX is an online broker that offers trading services in forex, CFDs, commodities, indices, metals and cryptocurrencies. It is not regulated by any major authority, but it is a member of The Financial Commission, an independent dispute resolution organization. It has been in operation since 2015 and has offices in the Marshall Islands and Cyprus.
IFC Markets vs LQDFX Regulation Comparison
IFC Markets is regulated by the BVI FSC, which is a reputable offshore regulator that requires brokers to comply with certain standards of capital adequacy, client funds segregation, risk management and reporting. IFC Markets also participates in the Investor Compensation Fund (ICF), which provides protection for eligible clients in case of broker insolvency.
LQDFX is not regulated by any major authority, which means it does not have to follow any strict rules or regulations regarding its operations, financial stability or client protection. However, it is a member of The Financial Commission, which provides an alternative dispute resolution service for traders who have complaints against their brokers. The Financial Commission also offers a compensation fund of up to €20,000 per client.
IFC Markets vs LQDFX Trading Assets Comparison
IFC Markets offers a wide range of trading assets, including over 600 instruments across 8 asset classes: forex (50+ pairs), CFDs (400+ contracts), commodities (18), indices (26), stocks (450+), ETFs (100+), cryptocurrencies (9) and synthetic instruments (Portfolio Quoting Method). IFC Markets also allows traders to create their own synthetic instruments using the GeWorko Method.
LQDFX offers a more limited range of trading assets, including over 100 instruments across 5 asset classes: forex (71 pairs), CFDs (15 contracts), commodities (4), indices (11) and metals (4). LQDFX does not offer any stocks, ETFs or cryptocurrencies.
IFC Markets vs LQDFX Trading Fees Comparison
- IFC Markets charges different types of fees depending on the account type and the trading platform used by the trader. For the NetTradeX platform, IFC Markets offers two account types: Standard and Beginner. The Standard account has a minimum deposit of $1,000 and charges fixed spreads starting from 1.8 pips on major forex pairs and commissions starting from $0.03 per 1000 units of base currency on CFDs. The Beginner account has a minimum deposit of $1 and charges fixed spreads starting from 1.8 pips on major forex pairs and no commissions on CFDs.
- For the MetaTrader 4 platform, IFC Markets offers three account types: Standard-Fixed, Standard-Floating and Micro-Fixed. The Standard-Fixed account has a minimum deposit of $1,000 and charges fixed spreads starting from 1.8 pips on major forex pairs and no commissions on any instruments. The Standard-Floating account has a minimum deposit of $100 and charges floating spreads starting from 0.4 pips on major forex pairs and no commissions on any instruments. The Micro-Fixed account has a minimum deposit of $1 and charges fixed spreads starting from 1.8 pips on major forex pairs and no commissions on any instruments.
- LQDFX charges different types of fees depending on the account type chosen by the trader. LQDFX offers five account types: Micro, Gold, ECN, VIP and Islamic. The Micro account has a minimum deposit of $20 and charges fixed spreads starting from 1 pip on major forex pairs and no commissions on any instruments. The Gold account has a minimum deposit of $500 and charges variable spreads starting from 0.7 pips on major forex pairs and no commissions on any instruments. The ECN account has a minimum deposit of $500 and charges variable spreads starting from 0 pips on major forex pairs and commissions of $3.5 per lot per side on any instruments. The VIP account has a minimum deposit of $25,000 and charges variable spreads starting from 0 pips on major forex pairs and commissions of $2.5 per lot per side on any instruments. The Islamic account has a minimum deposit of $20 and charges variable spreads starting from 0.7 pips on major forex pairs and no commissions on any instruments. The Islamic account also does not charge any swap fees for holding positions overnight.
IFC Markets vs LQDFX Account Types Comparison
IFC Markets offers five account types: Standard, Beginner, Standard-Fixed, Standard-Floating and Micro-Fixed. The main differences between these account types are the minimum deposit, the spread type, the commission structure and the leverage level. The leverage level ranges from 1:1 to 1:400 for the NetTradeX platform and from 1:1 to 1:200 for the MetaTrader 4 platform.
LQDFX offers five account types: Micro, Gold, ECN, VIP and Islamic. The main differences between these account types are the minimum deposit, the spread type, the commission structure, the leverage level and the swap policy. The leverage level ranges from 1:1 to 1:500 for all account types except the Islamic account, which has a maximum leverage of 1:300. The swap policy varies depending on the account type and the instrument traded.
IFC Markets vs LQDFX Deposit Options Comparison
IFC Markets offers a variety of deposit and withdrawal options for its clients, including bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller, WebMoney, Perfect Money), local payment methods (FasaPay, NganLuong) and cryptocurrencies (Bitcoin, Ethereum, Litecoin). IFC Markets does not charge any fees for deposits or withdrawals, but some third-party providers may apply their own fees or commissions.
LQDFX offers a similar range of deposit and withdrawal options for its clients, including bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller), local payment methods (FasaPay) and cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple). LQDFX does not charge any fees for deposits or withdrawals either, but some third-party providers may also apply their own fees or commissions.
IFC Markets vs LQDFX Trading Platforms Comparison
IFC Markets offers two trading platforms for its clients: NetTradeX and MetaTrader 4. NetTradeX is a proprietary platform developed by IFC Markets that features advanced trading tools, such as synthetic instruments creation, portfolio trading, order execution modes and technical analysis indicators. MetaTrader 4 is a popular platform used by many brokers and traders around the world that features a user-friendly interface, customizable charts, automated trading systems and a large online community.
LQDFX offers only one trading platform for its clients: MetaTrader 4. As mentioned above, MetaTrader 4 is a widely used platform that offers many features and benefits for traders of all levels and styles.
IFC Markets vs LQDFX Analytical Tools Comparison
IFC Markets provides its clients with various analytical tools to help them with their trading decisions, such as market news, economic calendar, trading signals, technical analysis indicators and widgets. IFC Markets also offers educational resources, such as webinars, articles, tutorials and glossary.
LQDFX also provides its clients with some analytical tools to assist them with their trading activities, such as market news, economic calendar and technical analysis indicators. LQDFX also offers educational resources, such as webinars, articles and glossary.
IFC Markets vs LQDFX. Which forex broker is better? Which forex broker should you choose?
The best forex broker depends on your personal preferences, trading goals, risk appetite and budget. However, you can consider several factors when choosing between IFC Markets and LQDFX:
- Regulation: If you value safety and security, you may prefer IFC Markets, as it is regulated by a reputable offshore regulator and participates in a compensation fund. LQDFX is not regulated by any major authority, but it is a member of The Financial Commission, which provides an alternative dispute resolution service and a compensation fund.
- Trading assets: If you want to diversify your portfolio and trade a wide range of instruments, you may prefer IFC Markets, as it offers over 600 instruments across 8 asset classes. LQDFX offers a more limited range of instruments, with over 100 instruments across 5 asset classes.
- Trading fees: If you want to minimize your trading costs, you may prefer LQDFX, as it offers lower spreads and commissions than IFC Markets on some account types. However, you should also consider other factors, such as the minimum deposit, the leverage level and the swap policy, as they may affect your profitability.
- Trading platforms: If you want to use a proprietary platform with advanced features, you may prefer IFC Markets, as it offers NetTradeX, which allows you to create synthetic instruments and trade portfolios. If you are comfortable with using a popular platform with a user-friendly interface and automated trading systems, you may prefer LQDFX, as it offers MetaTrader 4.
- Analytical tools: If you want to access more analytical tools and educational resources, you may prefer IFC Markets, as it provides market news, economic calendar, trading signals, technical analysis indicators and widgets. LQDFX also provides some analytical tools and educational resources, but they are less comprehensive than IFC Markets.
Ultimately, the choice is yours. You should do your own research and test the brokers with a demo account before opening a live account. You can also read some reviews from other traders to get their opinions and experiences.
