LQDFX review: Trading Platform, Instruments. Pros and Cons for US Clients.

i am a student and doing Forex as part timer from LQDFX platform . experience with this company since October 2022. deposit was very fast. already withdrawal 3 Times within 24 to 48 hours without any problems . live chat is very responsive compare to my previous broker. everything is goin fine with them.

Actually, I was facing some slippage and dealing desk issues with LQDfx broker so I knocked their customer service to get those issues fixed. But their customer service responded to the knock in delay that stirred my anger at that time. That's why i gave the broker a 4-star review.

However, after the review was posted, their support team contacted me and got those issues fixed immediately. From then to now, I observed the brokers and their service , now I am satisfied as they evaluated my complaint and worked on it. Especially thanks to the person who gave me more time from live chat to solve my issues. Hope this kind of supportive activities will continue

Oct 11, 2022 - 4 Stars This is my second review for Lqd. In last review I gave them 5 start due to their overall good trading environment. But recently I found their customer service very busy even not responding like before. This is little annoying. So 4 Star. I hope their authority will focus on there. If not I will give them 2 star next time. Thanks

Jul 7, 2022 - 5 Stars I have two years experience in Forex , used so many different brokers and currently as scalper going good with LQD. Spreads is really comfortable to scalp at any pair. Flawless execution I found when trading. I Faced problems twice and had them solved by their instant customer service. Overall Happy trading.

My earnings are up to my expectations because of the low spread provided by LQDFX Broker. Their stp execution works well, and I hardly face any requotes or slippage issues. I withdrew around 200 dollars last month from the broker and received the payment in a span of a few hours. In my view, it's a good package offered by the broker. But I wonder why they don't provide any deposit fees. And that's the only reason I cannot be giving the broker a 5-star rating, yet I am giving it a 4-star rating.

Nicely withdrawn! Thanks to LQDFX for sending my withdrawn amount so quickly. I couldn’t even believe I would receive my money within the span of hours. It was very much unlikely with the brokers I previously used. This is my first withdrawal from this broker. Hope the journey with the broker down the road will stay cool.

I am a full time Forex trader and trading for the past 10 months with LQDFX broker. When trading in real account I found their server execution is really good and generally use limit orders for my trade. Overall trading environment is okay and withdrawal processed on time , last transaction was completed within 2 day's. No hidden fees I experienced from there. Everything is fine.

I can very easily and smoothly open and close trades with LQDFX broker as they use a reliable smart bridge technology. I faced no issued depositing and withdrawing. I use two real accounts and multiple demo accounts at a time with the broker without facing any problem.

Please read the string of email below. This will prove that I asked multiple times from LQDFX to prove to me that my main account I used to manually place trades (scalping strategy) were placed using an EA. I was ignored because they can't prove it so I am posting this review to let other traders know that if you are winning a lot, they withhold your winnings, tell you - you violated their terms and conditions and close your account. No violation has been done since they haven't provided a proof I used an EA on my main account which I asked multiple times as shown in the string of email below.

To sum it up, I used a COPY SOFTWARE to copy trades from my main account that I traded manually. I won a lot, trading TSLA (before the split) and to those who trades TSLA at the market open, it's very volatile and it's the perfect stock to scalp using M1 timeframe. I was very successful scalping so I used a software to copy my trades to other ACCOUNTS. Yes, I copied my main account - why not? I wanted to make more money and scale.
A week after I was winning a lot and a copy software has been copying my main account, I was sent with the email of violation saying I used a software to basically cheat.
Fine - you can remove the accounts that were attached to the copy software. Sure that will show as an "EA" were trading for those account.
Now - my main account which I traded manually is no way of a violation of your policy because it was not traded using an EA of a software. I traded it manually.
I asked multiple times to show me proof that my main account 60077201 violated your policy using an EA or a software but you ignored my request and never responded back. WHY? because you cannot prove that my account was traded using an EA.
I am requesting 13k to be returned to me. Those are my profit. It's unfair to kept my profit where you have taken more money from me from losses I had with your broker which I did not complain but I continued to use you anyway.

Prove my account 60077201 used an AE or a software, if not I am requesting my profit 13k profit returned back to me. The other accounts were attached to a copy software so I am not asking proofs for those. My main account that I traded manually is what I need you to prove per your allegations that it was used to trade using a software.

Below is the string of emails. No proof provided but ignored my email.
______________________________________________________________________________________
Dear Trader,

We trust this email finds you well.

Please note the trading activity on trading accounts 60077201 and 60080712 have been flagged as suspicious, violating our trading Terms and Conditions (section 26.2 of the Account Opening Agreement), as per our Liquidity provider's risk protocol.

Please note the LPs we collaborate with do not wish to have business relationships with clients that employ software that looks to expose and benefit unfairly from server/platform inefficiencies. This could be (but not limited to), strategies that utilize multiple data feeds from various sources (fast and slow brokers), looking to gain through latency, Lock, triangular or hedge arbitrage opportunities.

The LP has refused to take any further orders from you and all remaining funds have been removed and voided. In total $23,483 was profited through arbitrage methods on TSLA, of which only $13,451.02 has been managed to be recovered. You are hereby requested to submit a withdrawal request from the client area of your remaining funds.

We do not take such actions lightly and will exhaust all avenues possible to keep you as a client as it is us that ultimately loses a client and therefore the volumes processed. When trades are cancelled by the LP it becomes a risk not only to the company but to our client base as a whole which we must protect.

We regret that we will no longer be able to assist you with your investment needs and your account will be terminated upon completion of your withdrawal.

Kind Regards,

Liam J
Agent | LQDFX
+44 20 8064 1038 |
Trust Company Complex, Ajeltake Road
Ajeltake Island, Majuro, Marshall Islands

rodtrading@yahoo.com <rodtrading@yahoo.com>
To: trading lqdfx.com
Thu, Aug 18 at 10:19 PM

Hi Liam,
I was out on vacation and dealing with family matter that's why I am finally responding to your claim on my account.
Account 60077201 was traded manually and there was no EA used on this account. I was scalping based on the first 1-2+ hours of opening
due to Tesla's volatility. There is no way that you can show me that this account trades were traded using an EA since I put the trades manually myself.
On the second 60080712 account, I used a copy software to copy my trades from the first account 60077201 to account 60080712 and that is why you see the same exact trades made on these two accounts. So you see, the 60077201 account was the account I traded manually and copied my trades to other accounts.
I don't believe copying trades is against your policy, if it is then I rest my case.

I have been with LQDFX and have a few live accounts with you. One thing that striked me is that you never flagged my previous accounts when those accounts were using an EA (hedging) and I wonder if it's because you gained from it because the EA blew all my accounts losing thousands of dollars, and now that I am winning trading manually 60077201, you suspended my accounts entirely. I was also part of a PAMM account that was attached to a hedging EA. Again, it was never flagged because I lost everything on that account too.

I understand my account 60080712 will show EA is trading it because of the copy machine but account 60077201 was traded manually by me using the scalping method on the M1 timeframe and I ask that you please refund back the wins I made on this account. I am sorry you saw an EA but the EA was a copy software and I ask that you please
refund all my winnings.

Thank you for taking time to look into this matter and I really like trading using LQDFX and I was about to leave a good review because of the amazing customer support I received but this email came in as a surprise to me.

Looking forward to hear great news back from you.

Thank you,
Rodolie


trading lqdfx.com <trading@lqdfx.com>
To: rodtrading@yahoo.com
Fri, Aug 19 at 1:41 AM

Dear Sir,

Thank you for contacting us.

Your account, along with 2 other LQDfx clients was highlighted during routine checks and was identified as suspicious. Our LPs are fully aware of the software and systems that are available on the market that can look to exploit brokerage pricing inefficiencies caused by latency arbitrage opportunities. Likewise, whilst working in partnerships with Metatrader platforms for a number of years we are also aware of the tricks/coding that can be used to mask EA/software via various coding methods. It is not feasible to believe that a client could operate an account manually though the mobile app with the speed and frequency your orders were hitting the server in such short proximity (open close buy sell). Copy trading in itself is not prohibited and we have no issue with such methods, however it was the original trades on 60077201 that caused the LP to void flag and void your trades (and therefore the orders on 60080712 as well).

The outcome of a clients account whether they are profitable or loss making is of zero significance to us. Naturally as we earn commission on the volume processed we try everything possible to keep clients on our books, however, when trades are cancelled by the LP it not only becomes a threat to us as a business but also the client base as a whole.

Whilst we regret losing any client due to such reasons the decision is final.

We hope you are able to find an investment house that is able to accommodate your investment strategy and needs.

Kind Regards,

Liam J
Agent | LQDFX
+44 20 8064 1038 |
Trust Company Complex, Ajeltake Road
Ajeltake Island, Majuro, Marshall Islands

[From] rodtrading@yahoo.com [rodtrading@yahoo.com]
[Sent] Fri 19 Aug 22 8:20:54 AM GMT+0300
[To] trading lqdfx.com [trading@lqdfx.com]
[Subject] Re: LQDfx Account 122059 [LQDFX#821880]
rodtrading@yahoo.com <rodtrading@yahoo.com>
To: trading lqdfx.com
Fri, Aug 19 at 6:28 AM

I am a ma'am.

That is the copy software we used and it is not an EA. The main account which we copied trades from is 60077201
account and manual trades were done on this account. Show me proof that this account was traded by an EA?

The other accounts you are referring to are the accounts added to a copy software.

Please show me where the main 60077201 account that I traded manually that the trades are done by an EA?
You can't prove this because like I said I was the one scalping on this account so you cannot say I used an EA on this account.

If you can't prove 60077201 was used with an EA, I need you to please refund all my winnings on this account and my other accounts along with the other accounts that copied trades on this main account unless copying trades is prohibited.

Thanks!

Hi!

I am following up again to ask for proof that my main account 60077201 where I did the manual trading (scalp) showed that the trades where done by an EA per your claim.
You can’t prove it that’s why you are not responding.

Please refund my winnings back on this account and my other account where I copied the trades to unless copying trades is a violation to the agreement.

I will wait for your reply.

Thank you!


rodtrading@yahoo.com <rodtrading@yahoo.com>
To: trading lqdfx.com
Thu, Aug 25 at 9:27 AM

Hello!
I have not received any reply. This shows that you cannot provide proof that my account 60077201 was attached to an EA that I manually traded (scalp) and took my winnings away.

I will be posting this as a review along with this chain of email as a proof that you withheld my funds with no evidence against your claim.

I will be also reaching out to all website and companies that can help get my funds back.

Good day!


rodtrading@yahoo.com <rodtrading@yahoo.com>
To: trading lqdfx.com
Mon, Aug 29 at 3:12 PM

I am sure you will reply back to my review post. I waited for a reply since August 18th for you to prove my main account 60077201 was traded using an EA but you ignored my multiple follow ups because you can’t prove it and kept my winnings of over 15k on both accounts.

I’ll wait for your reply on the review once I post it.

Thanks!

My title says it all. I get excuses, run-around, and silence. In my experience, they are thieves. I have little hope of ever seeing my money again.

I am a part time trader and trading with lqdfx broker for about seven months. Honestly i am really pleased with their lowest spread and other facilities they ensure. They allow scalping with no restrictions which gives me always a comfort zone. During this seven month period, two issued raised but i got them solved with their responsible support. Thanks to support team.

Everything is fine
Fast withdraw to Bitcoin
Quality trading conditions
But card payment is not work.
When there will be convenient ways to funding, I fund the deposit more