Compare LQDFX vs Forex.com
What is LQDFX? What is Forex.com?
LQDFX is a straight-through processing (STP) broker based in the Marshall Islands. The offshore trading firm offers competitive spreads from 0.0 pips, free deposits, 24/5 support and access to the hugely popular MetaTrader 4 platform. LQDFX also runs a competitive bonus program with welcome incentives.
Forex.com is a global forex broker with over 20 years of experience and multiple awards. Regulated in the US, EU, UK and Canada, they provide a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
Best Forex Brokers Ranking
| Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
|---|---|---|---|---|---|---|---|
| 1 | Exness |  | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
| 2 | IC Markets | | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
| 3 | XM | | Open XM account | 30$ | MT4, MT5 | 5$ | - |
| 4 | XTB | | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
| 5 | FBS | | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
LQDFX vs Forex.com Regulation Comparison
LQDFX is regulated by the Financial Commission (FinaCom), an independent self-regulatory organization that provides dispute resolution services for the forex industry. However, FinaCom is not a government authority and does not have the same legal power as other regulators such as the US SEC or the UK FCA.
Forex.com is regulated by several tier-one regulators in different jurisdictions, including the US SEC, the CFTC, the FCA, the IIROC, and the ASIC. These regulators ensure that Forex.com complies with strict rules on client protection, financial reporting, and market conduct.
LQDFX vs Forex.com Trading Assets Comparison
LQDFX offers over 70 trading instruments, including forex pairs, CFDs on indices, commodities, and cryptocurrencies. However, LQDFX does not offer spot metals or stocks trading.
Forex.com offers over 500 trading instruments, including forex pairs, spot metals, CFDs on indices, commodities, cryptocurrencies, and stocks. Forex.com also offers futures and options trading through its affiliate FuturesOnline.
LQDFX vs Forex.com Trading Fees Comparison
LQDFX charges variable spreads from 0.0 pips on its Micro account and from 0.1 pips on its Gold account. The ECN account has spreads from 0.0 pips but charges a commission of $3.5 per lot per side. The VIP account has spreads from 0.1 pips and a commission of $2.5 per lot per side. LQDFX does not charge any deposit fees but charges a withdrawal fee of $10 for bank transfers. LQDFX also offers a 100% deposit bonus up to $20,000 for new clients.
Forex.com charges variable spreads from 0.8 pips on its Standard account and from 0.2 pips on its Commission account. The Commission account also charges a commission of $5 per 100k traded. The Direct Market Access (DMA) account has spreads from 0.0 pips but charges a commission of $60 per million traded. Forex.com does not charge any deposit or withdrawal fees but charges a $15 monthly inactivity fee after one year of no trading activity. Forex.com also offers an Active Trader program that gives up to 15% cashback rebates for high-volume traders.
LQDFX vs Forex.com Account Types Comparison
LQDFX offers five types of accounts: Micro, Gold, ECN, VIP, and Islamic. The minimum deposit for the Micro account is $20, for the Gold account is $500, for the ECN account is $500, for the VIP account is $25,000, and for the Islamic account is $20. The maximum leverage for all accounts is 1:500 except for the VIP account which has a leverage of 1:100. All accounts have market execution and no requotes. LQDFX also offers a PAMM account for fund managers and investors.
Forex.com offers three types of accounts: Standard, Commission, and DMA. The minimum deposit for all accounts is $100 or equivalent in other currencies. The maximum leverage for all accounts varies depending on the instrument and the region but can go up to 1:400 for some forex pairs in certain countries. All accounts have market execution and no requotes. Forex.com also offers a free demo account for prospective traders and a VPS hosting service for automated strategies.
LQDFX vs Forex.com Deposit Options Comparison
LQDFX accepts deposits and withdrawals via credit cards (Visa and Mastercard), debit cards (Visa), e-wallets (Neteller and Skrill), and bank transfers. LQDFX does not accept deposits and withdrawals via PayPal, Bitcoin, or American Express. The payment processing time varies depending on the method but can take up to 5 business days for bank transfers. The withdrawal processing time also varies depending on the method but can take up to 10 business days for bank transfers.
Forex.com accepts deposits and withdrawals via debit cards (Visa and Mastercard), ACH transfers (for US clients only), and wire transfers. Forex.com does not accept deposits and withdrawals via credit cards, PayPal, Neteller, Skrill, Bitcoin, or American Express. The payment processing time varies depending on the method but can take up to 2 business days for debit cards and ACH transfers and up to 5 business days for wire transfers. The withdrawal processing time also varies depending on the method but can take up to 2 business days for debit cards and ACH transfers and up to 5 business days for wire transfers.
LQDFX vs Forex.com Trading Platforms Comparison
LQDFX offers the MetaTrader 4 (MT4) platform as its main trading platform. MT4 is a popular and user-friendly platform that supports multiple chart types, indicators, expert advisors, and automated trading. MT4 is available as a desktop application, a web-based platform, and a mobile app for iOS and Android devices. LQDFX does not offer the MetaTrader 5 (MT5) platform or any other trading platforms.
Forex.com offers three trading platforms: the Forex.com web trading platform, the MetaTrader 4 (MT4) platform, and the MetaTrader 5 (MT5) platform. The Forex.com web trading platform is a proprietary platform that is easy to use and customizable. It features advanced charts, TradingView integration, Reuters news feeds, behavioral science technology, and more. The MT4 and MT5 platforms are similar to the ones offered by LQDFX but with some additional features such as Trading Central analysis, SMART Signals, strategy builders, and more. All three platforms are available as desktop applications, web-based platforms, and mobile apps for iOS and Android devices.
LQDFX vs Forex.com Analytical Tools Comparison
LQDFX offers some basic analytical tools such as an economic calendar, a market news section, a market analysis section, and a forex calculator. However, LQDFX does not offer any advanced analytical tools such as performance analytics, trading signals, or strategy builders.
Forex.com offers a range of analytical tools such as an economic calendar, a market news section, a market analysis section, a forex calculator, performance analytics, trading signals, strategy builders, and more. Forex.com also provides access to third-party tools such as Trading Central analysis, SMART Signals by Autochartist, Capitalise.ai automation, Recognia technical analysis, and more.
LQDFX vs Forex.com. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may suit different traders better. However, here are some possible factors that you may want to consider when choosing between LQDFX and Forex.com:
- Regulation: Forex.com has a clear advantage over LQDFX in terms of regulation, as it is regulated by several tier-one regulators in different jurisdictions, while LQDFX is only regulated by FinaCom, which is not a government authority. If you value security and protection, you may prefer Forex.com over LQDFX.
- Trading Assets: Forex.com also has a clear advantage over LQDFX in terms of trading assets, as it offers over 500 trading instruments, including spot metals, CFDs on stocks, futures, and options, while LQDFX only offers over 70 trading instruments, excluding spot metals and stocks. If you value diversity and flexibility, you may prefer Forex.com over LQDFX.
- Trading Fees: LQDFX and Forex.com have different fee structures that may appeal to different types of traders. LQDFX offers lower spreads on its Micro and Gold accounts, but higher commissions on its ECN and VIP accounts. Forex.com offers higher spreads on its Standard account, but lower commissions on its Commission and DMA accounts. LQDFX also charges a withdrawal fee of $10 for bank transfers, while Forex.com does not charge any deposit or withdrawal fees. However, Forex.com charges a $15 monthly inactivity fee after one year of no trading activity, while LQDFX does not charge any inactivity fee. LQDFX also offers a 100% deposit bonus up to $20,000 for new clients, while Forex.com offers an Active Trader program that gives up to 15% cashback rebates for high-volume traders. Depending on your trading volume, frequency, and style, you may prefer either LQDFX or Forex.com in terms of trading fees.
- Account Types: LQDFX and Forex.com offer different account types that cater to different levels of traders. LQDFX offers five types of accounts: Micro, Gold, ECN, VIP, and Islamic. The minimum deposit for the Micro account is $20, which is very low and suitable for beginners. The maximum leverage for all accounts is 1:500 except for the VIP account which has a leverage of 1:100. The VIP account requires a minimum deposit of $25,000, which is very high and suitable for professional traders. LQDFX also offers a PAMM account for fund managers and investors. Forex.com offers three types of accounts: Standard, Commission, and DMA. The minimum deposit for all accounts is $100, which is reasonable and affordable for most traders. The maximum leverage for all accounts varies depending on the instrument and the region but can go up to 1:400 for some forex pairs in certain countries. The DMA account requires a minimum deposit of $25,000, which is also high and suitable for professional traders. Forex.com also offers a free demo account for prospective traders and a VPS hosting service for automated strategies. Depending on your trading experience, capital, and strategy, you may prefer either LQDFX or Forex.com in terms of account types.
- Trading Platforms: LQDFX and Forex.com both offer the MetaTrader 4 (MT4) platform as their main trading platform. MT4 is a popular and user-friendly platform that supports multiple chart types, indicators, expert advisors, and automated trading. However, Forex.com also offers two other trading platforms: the Forex.com web trading platform and the MetaTrader 5 (MT5) platform. The Forex.com web trading platform is a proprietary platform that is easy to use and customizable. It features advanced charts, TradingView integration, Reuters news feeds, behavioral science technology, and more. The MT5 platform is similar to the MT4 platform but with some additional features such as more timeframes, more order types, more indicators, more tools, and more markets. Depending on your trading preferences and needs, you may prefer either LQDFX or Forex.com in terms of trading platforms.
- Analytical Tools: Forex.com has a clear advantage over LQDFX in terms of analytical tools, as it offers a range of analytical tools such as an economic calendar, a market news section, a market analysis section, a forex calculator, performance analytics, trading signals, strategy builders, and more. Forex.com also provides access to third-party tools such as Trading Central analysis, SMART Signals by Autochartist, Capitalise.ai automation, Recognia technical analysis, and more. LQDFX only offers some basic analytical tools such as an economic calendar, a market news section, a market analysis section, and a forex calculator. If you value research and education, you may prefer Forex.com over LQDFX.
