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
LQDFX IS A SCAM
Service use: Live
Length of use: 3-6 Months

Thank you for taking the time to post this review.
I must admit, we are quite astonished to read your feedback. Rest assured if your claims were true, there would have been more reviews in this regard and most likely we would have been out of business by now. This is definitely not the way we conduct our business, neither is it the business model we follow.
For such inquiries, the best plan of action would be to contact our trading department, if you are an existing client at all of course, as to receive an explanation and assistance regarding any concerns you may have. Taking into account the seriousness of your claim, it is unusual that you chose not to provide any additional details so we can identify you as a client. Furthermore, we fail to find any similar email inquiries sent to us.
Sometimes clients jump into conclusions before coming to us for an explanation, which leads to wrong interpretation of an issue, if any issue at all. Or perhaps, your trading strategy needs some further fine tuning.
Kind Regards,
Mark
Official Representative
4 star Broker
Service use: Live
Length of use: 6-12 Months
I need help
Service use: Live
Length of use: 3-6 Months

Thank you for your feedback and the time you have taken to post this review.
You have emailed us regarding your failed deposit on the 24th of August, giving us no time to investigate and revert back to you, as this review was posted the very same day.
Cases related to clients' funds are always taken seriously and being dealt with on a priority basis. After your email was received, the payment service provider was contacted regarding the delay and later the funds reflected into your LQDFX Wallet.
We are sad that your first impression of our company is rated 1 star. However, as you have just started using our services, we believe that now your experience meets your requirements and that you will revise your rating.
Should you need any further assistance, please do not hesitate to contact us.
Kind Regards,
Mark
Official Representative
feel good
Service use: Live
Length of use: 3-6 Months
Review
Service use: Live
Length of use: 0-3 Months
Great Broker
Service use: Other
Length of use: 6-12 Months
Personal opinion
Service use: Live
Length of use: 6-12 Months
Service use: Live
Length of use: 0-3 Months

Thank you for your feedback.
Let me clarify that the tick value of certain indices may vary from broker to broker. Therefore, we would always advise doing your research to find out if the value we offer works along your strategy.
Have you contacted us to inquire the above prior to trading? We offer a 24/5 live chat service, along with other support facilities in which you can get in touch, readily available to provide any assistance, where you could have obtained the information. Being an informed trader about your broker rates would have prevented your disappointment, which led to this review.
However, on a positive note, reading that this is the only one thing you are not satisfied with, we understand that you have been satisfied with all other procedures and services offered by us.
Kind Regards,
Mark
Official Representative
Victim of their PAMM fund nanager
Service use: Live
Length of use: over 1 Year

Thank you for your feedback.
Please allow us to add some more details to your review.
First of all, let us clarify that all Fund Managers are independent clients, same as you are, using a service we provide. We neither collaborate with any of the Fund Managers nor get involved in their trading strategy.
It is necessary to mention that you agreed to the Terms and Conditions as well as the LPOA. Additionally, you were well aware of the locked withdrawals function prior to investing as it is highlighted in big red letters. The conditions were clear, and you chose to proceed. Now, you are asking us to detach your account. By doing so we would be violating the Terms with the Fund Manager, which had been accepted and agreed by you during open positions.
At any point you had the opportunity not to do so, that is not to proceed. Alternatively, you could have contacted our PAMM department to receive more information on this subject. We would have happily assisted you with making a decision.
What we did was an observation on your account when you first contacted us expressing that you are not happy with the account progress. Ups and downs in trading are a normal occurrence, as with any other type of investment. The downs at that time were very low.
In regard to your trading history, the data is correct. We have, by now, already sent your MT4 trading statement on two occasions and the figures clearly match with the figures in your Client Area. So, we are unsure how do you consider this data fake.
Kind Regards,
Mark
Official Representative
Very professional .
Service use: Live
Length of use: over 1 Year
Decent Broker
Service use: Live
Length of use: 0-3 Months

Thank you for taking the time to post this review, we appreciate your feedback.
We are sad to read that based on your short trading experience with us you are not recommending us as a long-term broker. We have a great deal of happy clients, who have been with us for years, some even since day one.
In regards to spread widening and gaps at times, kindly note that this is not something that we control as the feed comes straight from the liquidity provider. Moreover, the global crisis has a significant impact on the markets, particularly affecting the spreads on some instruments.
You could have received a detailed answer, had you contacted our trading department. Our dedicated expert agents are always there to assist our clients.
LQDFX Team wishes you all the best in your trading future and we hope to welcome you back again in the near future.
Kind Regards,
Mark
Official Representative
Well Experience
Service use: Live
Length of use: 3-6 Months
1st withdrawal complete.
Service use: Live
Length of use: 0-3 Months
STAY AWAY FROM THIS BROKER
Service use: Live
Length of use: 0-3 Months

Thank you for taking the time to post this review.
We are unaware of what manipulation you are referring to.
First of all, please note that our charts and candles are formed according to our server time, which is currently Summer time GMT+1. Brokers can have varied server times depending on the location of their server.
As of the screen shot which you claim is taken from a client of ours, unfortunately, we are unable to confirm whether this is our platform or not, as the screen shot consists of a small part of a chart, with no further details. Please ask your friend to take a full platform screen shot, as to be able to identify that it is in fact our chart and send it to us.
In regards to the trade that you mention, we assume you are referring to the same trade mentioned in your email, which was closed due to stop out. Unfortunately, the trade placed by your EA did not go in your favour, you did not have enough equity to sustain the draw-down, thus you got stopped out. Please see your account history for more details.
We are confused as to why do you consider this as manipulation.
Furthermore, charts are not being manipulated, as you describe. During that profitable month you had, the trading conditions were absolutely the same, which turned out in your favour as your EA's strategy was profitable. However, when the market went against you, you blamed the candles.
With all due respect, we are always happy to honour clients, if it's clear that there is an issue on our end. However, in your case there is no error, as explained above.
Kind Regards,
Mark
Official Representative
Best offshore broker I've used
Service use: Live
Length of use: 3-6 Months
The first time I withdrew, I got my money early the next morning. Same for every other time I withdrew (except for weekends, but that is to be expected.)
The spreads aren't too bad. I've been hesitant to use any offshore broker other than FXChoice, but darn is LQDFX killing it.
The deposits have to be exact when depositing in crypto, which i think is cool because it gives you a precise number to enter into your crypto wallet. I hope that LQDFX is here for years to come, because I withdraw right to Cashapp, and I can get my profits very quickly. Don't stop serving us americans, LQDFX! I trust my money with them and will deposit something substantial next week.
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