Compare LQDFX vs Orbex
What is LQDFX? What is Orbex?
LQDFX is an online forex and CFD broker that was founded in 2015 and is headquartered in the Marshall Islands. It offers over 70 trading instruments across six asset classes, including forex, metals, indices, commodities, shares, and cryptocurrencies.
Orbex is an online forex and CFD broker that was established in 2010 and is regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers over 50 trading instruments across four asset classes, including forex, metals, energies, and indices.
LQDFX vs Orbex Regulation Comparison
LQDFX is not regulated by any reputable financial authority and operates under the jurisdiction of the Marshall Islands, which is known for its lax regulatory environment. This means that LQDFX does not have to comply with any strict rules regarding client protection, fund segregation, or dispute resolution. Therefore, trading with LQDFX involves a high level of risk and uncertainty.
Orbex, on the other hand, is regulated by CySEC, which is one of the most respected regulators in the forex industry. CySEC imposes strict standards on its licensed brokers, such as maintaining a minimum capital of €730,000, keeping client funds in segregated accounts, participating in the Investor Compensation Fund (ICF), and adhering to the Markets in Financial Instruments Directive (MiFID) II. These measures ensure that Orbex provides a safe and secure trading environment for its clients.
LQDFX vs Orbex Trading Assets Comparison
LQDFX offers a wider range of trading assets than Orbex, with over 70 instruments across six asset classes. LQDFX allows its clients to trade forex pairs (major, minor, and exotic), metals (gold and silver), indices (US, European, and Asian), commodities (agricultural and energy), shares (US and European), and cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Ripple).
Orbex offers a more limited range of trading assets than LQDFX, with over 50 instruments across four asset classes. Orbex allows its clients to trade forex pairs (major and minor), metals (gold and silver), energies (oil and gas), and indices (US, European, Asian, and Australian).
LQDFX vs Orbex Trading Fees Comparison
LQDFX charges different types of fees depending on the account type chosen by the client. LQDFX offers five account types: Micro, Gold, ECN, VIP, and Islamic. The Micro account has no commission but has higher spreads starting from 1 pip. The Gold account has no commission but has lower spreads starting from 0.7 pips. The ECN account has a commission of $3.5 per lot but has very low spreads starting from 0 pips. The VIP account has a commission of $2.5 per lot but has very low spreads starting from 0 pips. The Islamic account has no commission but has higher spreads starting from 1 pip.
Orbex charges different types of fees depending on the account type chosen by the client. Orbex offers four account types: Classic, Standard, Premium, and Ultimate. All account types have no commission but have different spreads depending on the instrument traded. The Classic account has fixed spreads starting from 1.9 pips. The Standard account has variable spreads starting from 1.5 pips. The Premium account has variable spreads starting from 1.2 pips. The Ultimate account has variable spreads starting from 0.8 pips.
LQDFX vs Orbex Account Types Comparison
LQDFX offers five account types: Micro, Gold, ECN, VIP, and Islamic. Each account type has different features and requirements. The Micro account requires a minimum deposit of $20 and offers a maximum leverage of 1:500. The Gold account requires a minimum deposit of $500 and offers a maximum leverage of 1:300. The ECN account requires a minimum deposit of $500 and offers a maximum leverage of 1:300. The VIP account requires a minimum deposit of $25,000 and offers a maximum leverage of 1:100. The Islamic account requires a minimum deposit of $20 and offers a maximum leverage of 1:300.
Orbex offers four account types: Classic, Standard, Premium, and Ultimate. Each account type has different features and requirements. The Classic account requires a minimum deposit of $200 and offers a maximum leverage of 1:500. The Standard account requires a minimum deposit of $500 and offers a maximum leverage of 1:300. The Premium account requires a minimum deposit of $5,000 and offers a maximum leverage of 1:100. The Ultimate account requires a minimum deposit of $25,000 and offers a maximum leverage of 1:50.
LQDFX vs Orbex Deposit Options Comparison
LQDFX offers various deposit and withdrawal options for its clients, such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, UPayCard, VLoad, and Bitcoin. LQDFX does not charge any fees for deposits or withdrawals, but some third-party providers may apply their own fees. The processing time for deposits and withdrawals varies depending on the method used, but it usually takes from a few minutes to a few days.
Orbex offers fewer deposit and withdrawal options for its clients, such as bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, and FasaPay. Orbex does not charge any fees for deposits or withdrawals, but some third-party providers may apply their own fees. The processing time for deposits and withdrawals varies depending on the method used, but it usually takes from a few hours to a few days.
LQDFX vs Orbex Trading Platforms Comparison
LQDFX only offers one trading platform for its clients, which is the MetaTrader 4 (MT4) platform. MT4 is one of the most popular and widely used trading platforms in the forex industry, as it offers advanced charting tools, technical indicators, automated trading systems (Expert Advisors), market news, and signals. LQDFX provides MT4 in various versions, such as desktop, web, and mobile (iOS and Android).
Orbex also only offers one trading platform for its clients, which is the MetaTrader 4 (MT4) platform. Orbex provides the same features and benefits as LQDFX when it comes to MT4, such as advanced charting tools, technical indicators, automated trading systems (Expert Advisors), market news, and signals. Orbex also provides MT4 in various versions, such as desktop, web, and mobile (iOS and Android).
LQDFX vs Orbex Analytical Tools Comparison
LQDFX offers some analytical tools for its clients to enhance their trading performance and experience. Some of these tools are economic calendar, market news, market analysis, trading calculators, VPS service, and educational resources. However, LQDFX does not offer any social trading or copy trading features for its clients.
Orbex offers more analytical tools for its clients than LQDFX does. Some of these tools are economic calendar, market news, market analysis, trading calculators, VPS service, educational resources, social trading (Orbex TradeLab), copy trading (Orbex Strategizer), and research reports (Orbex Trade Ideas). These tools can help clients to learn from other traders’ strategies, insights, and ideas.
LQDFX vs Orbex. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that can affect your trading performance and experience. There are many factors to consider, such as regulation, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms, and analytical tools. You should always do your own research before choosing a broker. Ultimately, the best way to decide which broker is more suitable for you is to test them out by opening a demo account or a real account with a small deposit and testing their service and performance. You can also read online reviews and feedback from other traders who have used these brokers before.
