Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 500:1 |
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Minimum to Open Live: | $20 |
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Established: | 2015 |
Address: | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, MH96960, Marshall Islands |
Contact: | support@lqdfx.com, +44 2035988261 |
Regional offices: | |
Regulators: | |
Prohibited countries: | Unknown |
Trading platforms: | MT4 |
Mobile Trading: | Yes |
ECN: | Yes |
Currencies: | (70+) |
Cryptocurrencies: | |
CFD: | (35+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities |
EAs/Robots: | Yes |
News Spike Trading: | Yes |
Scalping: | Yes |
PAMM: | 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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Traders Reviews
Decent Broker
Service use: Live
Length of use: 6-12 Months
First withdrawal experience
Service use: Live
Length of use: 0-3 Months
LQDFX Willl not accept my drivers license as proof of ID. Totally absurd!
Service use: Live
Length of use: 0-3 Months
I registered for this broker after using the demo account for over a month! I submitted every valid documentation they asked me for to prove your residence and your identification. After one failed attempt my residence was verified via a bank statement I submitted. I subitted my United States drivers license. My license is a restricted Use license and they would not accept my license as proof of identity. When I received an email from LQDFX they stated that because my license was a restricted use license that they could not accept my valid drivers license as proof of my identity. Why does it matter tht my United States license is restricted? This is my license!!! This is the ID and license I use everyday to drive and prove my identity. I only have one official ID. In the United States you cannot have a State isssued ID and drivers license at the same time. I f you have a drivers license you cannot be issued a state ID and vise versa. I have my drivers licensce over 25 years and they won't accept it, The only other option I have to provemy identity is a passport. I do not fly and I do not own a passport!! This is absurd they will not accept my valid USA drivers llicense whcih is also my Everyday Identification !!!! Im givig them all valid documents and they dont accept my license. This is crazy! I have all the required documents and my documents are in current status!!! No expirations and date issued!!

Thank you for bringing this to our attention.
We have looked into your case and we totally understand your disappointment! Non-acceptance of your document was a clerical error made on our part.
Following our strict account opening procedures, your document was overlooked as this compliance procedure applies to clients falling under a different geographical location. We do apologize for the oversight, but be rest assured, we do pride ourselves on strict procedures as they are in place to protect all parties involved.
We have responsibilities to our clients as well as to ourselves as a company, we hope you understand that.
We have already taken the proper measures to prevent this from happening again and our back-office department has already contacted you with further information with regards to your account.
Please accept our apologies once again. We remain at your disposal for any assistance you may need.
Kind Regards,
Mark
Official Representative
Overall Good
Service use: Live
Length of use: 3-6 Months
You'll notice this when spikes occur just on your platform alone
Service use: Live
Dear Reibel,
We trust this email finds you well.
We are contacting you to inform you that yesterday 13.10.2020, there was a price error on US30 from our Liquidity provider's side, which resulted into a significant wick that reached a price of 21474.84.
Due to this error, a great deal of our clients suffered losses, which of course we reimbursed. On the other hand, this error was beneficial for other clients by gaining profits based on wrong pricing.
Having stated the above, we would like to inform you that your US30 trades were reset and the correct balance/P&L will now reflect on those trades that were affected, as those profits were gained due to the wrong pricing at the time.
Thank you for your understanding in this matter and please accept our apologies if this has caused any inconvenience.
Kind Regards,

Thank you for taking the time to post this review.
First of all, we did not take or remove any money from you, you did not suffer any loss due to the wrong price. The profits you are referring to were not gained from actual market pricing, due to the spike they were fictitious as the market never reached such price, it only did due to the error we explained.
All clients that were affected negatively were fully reimbursed, which is the right thing to do as a professional company. However, we had to do the right thing for those who gained profits due to this error, which is to rectify all those trades.
With the above stated facts, the text you copy-pasted from some website in your review is irrelevant to the case.
Furthermore, do you mind specifying why do you consider yourself to be a victim? You would be a victim if you were on the other side, by being one of the clients that lost money due to the wrong price and not being reimbursed. Then you might consider yourself being a victim as we are confident that if you actually suffered losses due to this error, you would not ask us to leave your balance as it is but instead to reimburse you.
Regarding the assumptions you express with the “stop loss hunting” text you copy-pasted in your review from some website, again, it does not truly reflect your trading account history. However, we will refrain from adding more details in regard to your trading history or trading strategy.
As a conclusion, the profits to which you are referring should have never occurred, hence why those funds were removed from your balance.
Kind Regards,
Mark
Official Representative
Trusted platform
Service use: Live
Having said that, based on my experience with LQD I believe this is a 5 star broker. Moreover, it is rated as a trusted broker in one of the most popular forex threads on another forum website. I'm not saying that this company is completely flawless, but at least if an error occurs - they work together with the client.
Stay safe everyone!
Worst broker
Service use: Live
Length of use: 0-3 Months

Thank you for your review.
We are always happy to receive any kind of feedback, but this review somehow makes absolutely no sense. Unfortunately, this is another very tiresome, unjustified review, that offers no substance or any productivity to the reader or to LQD.
We cannot be certain what exactly the case is, as you chose not to provide any account details. However, it seems like a confusion with the orders you placed from your end.
In addition, it is worth to mention that the MT4 platform is unable to reverse orders on its own accord, which is a preposterous assumption.
In any case, if you need any assistance or you would like us to look into your trades, please feel free to contact us directly. Our team will be more than happy to assist.
Kind Regards,
Mark
Official Representative
Good environment
Service use: Live
Length of use: 3-6 Months
Worst and most annoying broker ever
Service use: Other
Length of use: Have not used

Thank you for your feedback.
We are sorry to read about your disappointment and even more sorry that we could not accept you as a client.
Please note that in order to verify your account, apart from a valid ID document, we require a proof of address, i.e. a document that has your name on as well as the address you registered with.
As a proof of address we accept a utility bill (electricity, water, phone, internet, etc.) or a bank statement or a letter from the bank or any official third party document (issued by government authority officer, local police department or by your bank). Unfortunately, you failed to provide us with any of the above-mentioned documents that has your name and address on. If you are not able to provide us with a document fulfilling such requirements, sadly we are not able to accept you as a client.
We do apologize if this has caused you any inconvenience.
Kind Regards,
Mark
Official Representative
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.
Service use: Live
Length of use: 0-3 Months
I used the same documents to register at 4 other brokers but not with lqdfx...........
seriously poopy service go elsewhere
Thank you for your feedback.
Let me stress the fact that we are only concerned for our own KYC procedures and not for other brokers' diligence. We follow strict procedures and we will continue doing so, as this will always be for the greater good of all parties involved.
Your initially provided document was of below average quality and did not qualify for the approval of your account, hence we asked for another copy. You should perhaps be concerned about brokers that approve such documents, as they might not have proper safety measures or due diligence in place.
We always welcome such reviews related to our due diligence and safety of clients' funds, as we can demonstrate to prospective clients that we are a broker to trust.
As a conclusion, just for the record, your account has been approved perhaps before the appearance of this review, without any further delays.
Kind Regards,
Mark
Official Representative