LQDFX review: Is it a legit or scam forex broker?

3.454 · 123 REVIEWS
Updated: Dec 1, 2021 · LQDFX.com  · Is this your company?

As a scalper I have sign up with Lqdfx due to their very low trading spread if compared other broker accounts. If market will change the direction against to me, I am able to close the portions in minimum lose and then open new trade easily. This environment really supports me to lead a healthy and comfortable trading life. Thanks lqd. 5 star review by Elina walker, USA.
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LQDFX is an unregulated forex broker online since 2015. LQD Limited headquarters is officially located on the Marshall Islands.

Tradeable instruments include over 70 Forex pairs and stock indexes, precious metal, commodities as CFDs.

LQD FX offers MetaTrader 4 platform, available for desktop and mobile devices.

As other brokers, LQD features propriatory educational content, and in-house techincal analysis with stop loss and take profit levels.

Please read LQDFX Reviews below and share live trading experiences with this broker.


Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $20
Established: 2015
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, MH96960, Marshall Islands
Contact: support@lqdfx.com, +44 2035988261
Regional offices:
Prohibited countries: Unknown
Trading platforms: MT4
Mobile Trading: Yes
ECN: Yes
Currencies: (70+)
CFD: (35+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
Deposit Methods: Bank Wire, VISA, MasterCard, Bitcoin, Ether/Ethereum, FasaPay, Litecoin, Neteller, Ripple, Skrill, UPayCard, VLoad
Withdrawal Methods: Bank Wire, VISA, MasterCard, Bitcoin, Ether/Ethereum, FasaPay, Litecoin, Neteller, Ripple, Skrill, UPayCard, VLoad

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3.454 · 123 REVIEWS
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Let other traders know if this service is worth checking or should be avoided.

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Traders Reviews

Angel Mendoza,
Cebu, Philippines,
Oct 27, 2016,

very good

So far my three months experiance with LQDFX has been excilent. Execution wise its very quick and tight spreads on majors witch i trade mostly. i havnt made withdrawal yet, but will definately think to upgrade the rating to 5 stars if all goes good.
Dhaka, Bangladesh,
Feb 12, 2017,
Registered user

After so many scams and losing a good amount of money trading Forex I already lost hope about making money in this field but after I met with LQDFX my viewpoint and perspective changed about the market. They are constantly helping me to get a good amount of profit from the market and they are quite helpful as well to solve any issue. They provide chart analysis and forecast which did really helped me to improve my trading performance and without any issue i am trading well in this broker so far. A highly recommended broker from me.
Abu bakkar,
Jeddah, Saudi Arabia,
Feb 19, 2017,

As a beginner trader I always wanted a broker with good facilities for the beginning traders and I am really impressed with lqdfx after opening a real account and depositing my first deposit. They did provide me good educational materials and trading support analysis and guidelines. Currently i am in the market for 5 months and as a novice i am making good amount of money from the market and withdrawing profit every week and most interesting thing is that i know why a trade is reacting in such a way, i know the logics now. That’s what a trader should know and i am glad i m with this broker from the beginning of my trading career. Loving the experience here.
Libia Bruto Gonzalez,
Fuerteventura, Spain,
Apr 7, 2017,

more than excellent

I'm trading with this broker for months now, quite decent broker I must say. They provide great trading conditions, but most of all fast and painless withdrawals (something that made me change my previous broker). I'm quite happy with their services so far, would recommend!
Jul 20, 2017,
Registered user

Good experience so far

I've been trading with them for about 2 months. So far so good - no problems whatsoever! They accept U.S. clients, and they have really tight spreads and fast execution speeds. I also received a call from the U.K. after signing up, making sure everything was set up and working properly on my side.

I should point out, however, that I had yet to make a withdrawal.
Aug 6, 2017,

Been few months I'm trading with this broker, I love the execution and the spreads, especially on the ECN account. Service is great, also often I receive emails regarding some updates they are doing. The Client Portal is very user friendly, the communication is superb as well, anytime I have questions I receive a call with detailed explanation. Withdrawals are fast, regardless small or big amounts. A small minus is that they do not have Hungarian support at the moment. Overall, I feel safe with this broker and I would recommend it
Yousuf Ali ,
Dhaka , Bangladesh,
Sep 8, 2017,

As a newcomer i was looking for a great trading platform and i have chosen LQDFX . Really that was my right decision because after passing almost 3 months till now i have not faced any bigger problems. With others trading facilities i am getting security of funds from here that is really especial for me to ensure a comfortable trading life . i hope it will be continuing.
Sep 27, 2017,
Registered user

Withdrawal Issues

I have heard from a few trading colleagues of mine that they had issues trying to withdraw. And that the broker used stalling tactics to delay or withhold payment. It was only when they threatened to complain about it on sites like this, that they were paid. Has anybody else experienced withdrawal issues? I am somewhat reluctant to invest my money with them now.
Reply by LQDFX Representative submitted Oct 27, 2017:
Dear jmandich,

Thank you for your review.

We do not have any complaints of this kind and are unaware of the 'trading colleagues' that you mention that have these issues.

All of our clients withdrawals are processed within 24 hours of their request (excluding weekends), no matter the payment method.

If you could contact us and provide us with the information on your trading colleagues in order for us to investigate further, it would be very much appreciated. Furthermore, we would welcome you to try our services in order to determine the rating you will be leaving.

LQDFX Official Representative
Reyes, USA,
Nov 2, 2017,

I am quite sceptical by nature (especially when it comes to off-shore brokers), however, a trading buddy of mine convinced me to sign up with lqdfx. Outstanding service and trading conditions – execution is fast, every trade I place is executed at precisely the quoted price and the spreads are tight. There are no restrictions on hedging and it really feels nice without these ridiculous FIFO rules. Their 100% bonus is not bad either, easy to understand and use, literally what you see is what you get. Been months now and frankly, I have nothing to complain about till now, I really hope they keep it up, we all need these kind of brokers providing trading freedom. Happy client here, 5 stars!
Philip ,
Bolton , United Kingdom,
Nov 5, 2017,


My review is based on 6 months of trading experience with lqdfx. I did enough testing to leave this positive review. With such fast execution (‘lightning fast’ as it says on their website) they must be true ECN/STP broker, something rarely seen nowadays unfortunately. Service is very prompt and knowledgeable, dealing with queries in a fast and efficient way. I can’t really think of something negative to mention apart from their verification process… Jeez, at some point I thought they gonna ask me for a blood sample to prove who I am, I guess that’s positive rather than negative, but yes I must admit their compliance department is really strict when it comes to documentation.
Till now they have proven to me to be honest and reliable and I’m definitely staying here long-term.

Frequently Asked Questions

Is Lqdfx safe or regulated?

LQDFX is a Marshall Islands company and not regulated with any government agency. 

Checking whether if LQDFX is regulated or not is a start to get to know this company, another good way to know more about the company is to read the unbiased traders review on ForexPeaceArmy. https://www.forexpeacearmy.com/forex-reviews/13035/lqdfx-forex-brokers.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent LQDFX community discussions: https://www.forexpeacearmy.com/community/tags/lqdfx.

Does Lqdfx trade Crypto?

At this moment LQDFX doesn't offer Cryptocurrencies to be traded.

LQDFX right now offers the access to the following assets:

  • Forex Currency Pairs
  • Precious Metals
  • Commodities
  • Stock Indices

Is LQDFX a good broker?

First of all LQDFX is not regulated by any government agency.

Secondly LQDFX is registered in Marshall Islands with a very general office address.

Most importantly read the unbiased traders reviews on ForexPeaceArmy to understand whether LQDFX is good or not. https://www.forexpeacearmy.com/forex-reviews/13035/lqdfx-forex-brokers.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent LQDFX community discussions: https://www.forexpeacearmy.com/community/tags/lqdfx.