Compare LQDFX vs RoboMarkets
What is LQDFX? What is RoboMarkets?
LQDFX is a global STP forex broker that offers trading on various instruments, such as forex, metals, commodities, indices, and cryptocurrencies. LQDFX is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
RoboMarkets is a European multi-asset broker that provides access to trading over 12,000 instruments, including forex, stocks, indices, metals, energy, commodities, and cryptocurrencies. RoboMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a cross-border license to provide investment services across the European Union.
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 RoboMarkets Regulation Comparison
LQDFX is regulated by the FSA of Saint Vincent and the Grenadines, which is a non-reputable offshore regulator that does not impose strict rules or requirements on its licensed brokers. LQDFX does not provide any investor protection or compensation scheme for its clients.
RoboMarkets is regulated by the CySEC, which is a reputable regulator that follows the standards and directives of the European Securities and Markets Authority (ESMA). RoboMarkets provides investor protection of up to 20,000 EUR per client under the Investor Compensation Fund (ICF) of Cyprus. RoboMarkets also segregates its clients’ funds from its own and uses top-tier European banks for custody.
LQDFX vs RoboMarkets Trading Assets Comparison
LQDFX offers trading on more than 70 currency pairs, 15 metals, 4 commodities, 11 indices, and 5 cryptocurrencies. LQDFX does not offer trading on stocks or ETFs.
RoboMarkets offers trading on more than 40 currency pairs, 8 metals, 4 energy commodities, 8 soft commodities, more than 12,000 stocks and ETFs from 6 markets (US, UK, Germany, France, Spain, and Italy), 10 indices, and 26 cryptocurrencies.
LQDFX vs RoboMarkets Trading Fees Comparison
LQDFX charges variable spreads starting from 0 pips on its ECN account and from 1.3 pips on its Pro account. LQDFX also charges a commission of $3.5 per lot per side on its ECN account and no commission on its other account types. LQDFX does not charge any deposit or withdrawal fees.
RoboMarkets charges variable spreads starting from 0 pips on its Prime and ECN accounts and from 1.3 pips on its Pro account. RoboMarkets also charges a commission of $2 per lot per side on its Prime account and $4 per lot per side on its ECN account. RoboMarkets does not charge any deposit fees but may charge withdrawal fees depending on the payment method. RoboMarkets also offers commission-free trading on certain US stocks and ETFs on its R StocksTrader platform.
LQDFX vs RoboMarkets Account Types Comparison
LQDFX offers five account types: Micro, Gold, ECN, VIP, and Islamic. The minimum deposit for each account type is $20, $500, $500, $25,000, and $20 respectively. The maximum leverage for each account type is 1:500, 1:300, 1:300, 1:100, and 1:300 respectively.
RoboMarkets offers four account types: Pro-Cent (for beginners), Pro-Standard (for experienced traders), Prime (for professional traders), and ECN (for algorithmic traders). The minimum deposit for each account type is $10 or equivalent in other currencies. The maximum leverage for each account type is up to 1:2000 for Pro-Cent and Pro-Standard accounts and up to 1:300 for Prime and ECN accounts. RoboMarkets also offers an ISK (Investment Savings Account) for Swedish clients who want to trade US stocks and ETFs with improved conditions.
LQDFX vs RoboMarkets Deposit Options Comparison
LQDFX supports various deposit and withdrawal options, such as bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/FasaPay), cryptocurrencies (Bitcoin/Ethereum/Litecoin), and local payment methods (Perfect Money/UPayCard/VLoad). The processing time for deposits is instant for most methods and up to 3 business days for bank wire transfer. The processing time for withdrawals is up to 24 hours for e-wallets and cryptocurrencies and up to 5 business days for bank wire transfer and credit/debit cards.
RoboMarkets supports various deposit and withdrawal options, such as bank wire transfer, credit/debit cards (Visa/Mastercard/Maestro), e-wallets (Skrill/Neteller/WebMoney), cryptocurrencies (Bitcoin/Ethereum/Litecoin), and local payment methods (Trustly/Sofort/iDeal/Przelewy24/Giropay). The processing time for deposits is instant for most methods and up to 2 business days for bank wire transfer. The processing time for withdrawals is up to 2 hours for e-wallets and cryptocurrencies and up to 10 business days for bank wire transfer and credit/debit cards.
LQDFX vs RoboMarkets Trading Platforms Comparison
LQDFX supports the MetaTrader 4 (MT4) platform, which is the most popular and widely used trading platform in the industry. MT4 offers advanced charting tools, technical indicators, automated trading with Expert Advisors (EAs), and a user-friendly interface. LQDFX provides MT4 for desktop, web, and mobile devices.
RoboMarkets supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are the industry standards for online trading. MT4 and MT5 offer similar features as LQDFX’s MT4, but MT5 has some additional advantages, such as more timeframes, more order types, more technical indicators, an economic calendar, and a built-in market of trading robots and indicators. RoboMarkets provides MT4 and MT5 for desktop, web, and mobile devices. RoboMarkets also offers its own proprietary web platform R StocksTrader, which is designed for trading stocks and ETFs with advanced features, such as one-click trading, depth of market, advanced technical analysis, and negative balance protection.
LQDFX vs RoboMarkets Analytical Tools Comparison
LQDFX offers some basic analytical tools, such as an economic calendar, a market news section, a forex calculator, and a trading blog. LQDFX does not provide any advanced analytical tools, such as trading signals, market analysis, or educational resources.
RoboMarkets offers a variety of analytical tools, such as an economic calendar, a market news section, a forex calculator, a trading blog, a trading signals service powered by MQL5 community, a market analysis service provided by Claws & Horns, an educational center with webinars, tutorials, articles, and videos, and a copy trading service called CopyFX.
LQDFX vs RoboMarkets. 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. Here are some pros and cons of LQDFX and RoboMarkets:
- LQDFX Pros:
- Low minimum deposit of $20 for all account types
- High leverage of up to 1:500 for most account types
- No deposit or withdrawal fees
- Support for MT4 platform on desktop, web, and mobile devices
- LQDFX Cons:
- Regulated by a non-reputable offshore regulator (FSA of Saint Vincent and the Grenadines)
- No investor protection or compensation scheme for clients
- Limited trading assets (no stocks or ETFs)
- Commission of $3.5 per lot per side on ECN account
- No advanced analytical tools (no trading signals, market analysis, or educational resources)
- RoboMarkets Pros:
- Regulated by a reputable regulator (CySEC) and holds a cross-border license to provide investment services across the EU
- Investor protection of up to 20,000 EUR per client under the ICF of Cyprus
- Segregation of clients’ funds from its own and use of top-tier European banks for custody
- Wide range of trading assets (over 12,000 instruments, including stocks and ETFs)
- Commission-free trading on certain US stocks and ETFs on its R StocksTrader platform
- Support for MT4 and MT5 platforms on desktop, web, and mobile devices
- Variety of analytical tools (trading signals, market analysis, educational center, and copy trading service)
- RoboMarkets Cons:
- Higher minimum deposit of $10 or equivalent in other currencies for all account types
- Lower leverage of up to 1:2000 for Pro-Cent and Pro-Standard accounts and up to 1:300 for Prime and ECN accounts
- Commission of $2 per lot per side on Prime account and $4 per lot per side on ECN account
- Withdrawal fees depending on the payment method
As you can see, LQDFX and RoboMarkets have different strengths and weaknesses. The best forex broker for you depends on your personal preferences, trading style, risk appetite, and budget. You should weigh the pros and cons carefully before making your final decision.
