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Nicely withdrawn! Thanks to LQDFX for sending my withdrawn amount so quickly.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

They just stole $ 200,000 from me for no other reason, full of excuses for investigations but everything was legal in the account, an employee whose account worked the same thing for over half a year. pure shame! Run away from them! . Save your money

Today, February 2nd, 2022, I received a surprised and expected email from LQDFX. It states"

Dear Client,

We trust this email finds you well.

We are informing you of the fact; your trading account is under investigation. Our Liquidity provider has red flagged your trading activity as suspicious.

Your account has been disabled during this time. We have been assured by the LP that the conclusion of the investigation will be completed within the next 24 hours. We are doing our utmost to conclude as soon as possible.

We will get back to you as soon as we have an update.

Kind Regards,
The LQDFX team

Your Loyal-Quality-Devoted FX Broker

I have a 6 figure trading account and a negative equity balance with open positions that I cannot close, modify, put any take profit, or stop loss to protect my account any further negative equity or losses. Why would LQDFX or any broker, for that matter do this to me. I reached out to them via Chat and Phone, and was told that my matter had to be handled via email only as the customer service rep could not and do not have the ability to answer or address my concern. Therefore, the only thing I could do is email them for a timely reply and now wait patiently for their response.

Now, I've been verified with full KYC with LQDFX Broker for at least 5 years + while trying to master my trading skills, craft, and blew many Demo and Live accounts without ever complaining or blaming them. I have been very positive with LQDFX Broker and recommended all of my colleague and friends globally to this Broker. Their hard working customer service team have been various courteous and professional in handling all of my issues in the past, but I've never ever experience the feeling that I no longer have control of my account, especially with a lot of my money in my account and with open trades that I can no longer manage until further resolution and response from LQDFX.

I am an honest hard working person in the U.S. and I've never done anything illegal or dishonest. I don't even know how me trading my own broker account manually without any EA or Bots would be consider so suspicious that they actually disabled my trading activities immediately in the middle of the week (Wednesday) as of this email that I cannot even do anything with my open trades. I have never heard of any Broker doing this and not sure why LQDFX would have ever done this to me.

This is the reason why I had marked 1 Star and I am willing to provide an update as soon as I receive a full understanding from LQDFX regarding this unexpected and unfair action.

As a scalper, i found lqdfx a quick-responding broker. I am really pleased with the way their smart bridge technology works. However, successfully withdrew my 3rd withdrawal yesterday. Thanks lqdfx for making it easy for me.

i have sent them proof of address in arabic they refused
i sent them proof of address in English they refused tho i made it just for them
very bad customer support stay away !!!!!!

LQDFX is a very good broker. I am trading Forex with them since August 2021 and so far so good. I have positions opened for almost 2 months and no problems with swap charges or anything. They don't cheat at all. Very honest broker and honesty is number one deal for me. Thankyou LQDFX and Happy new year to me and to my well wishers.

My trading journey with lqd broker is not more than one year. But, I don't have any itchy feelings with the broker till now rather than I have easiness with their platform and trading systems. Indeed, when a broker arouses problems at the time of withdrawing and depositing, it breaks down one's trust. But, I am really freed from this trust-breaking with this broker. Whenever any problem pops us, I knock at their service desk via chat; they immediately get my problem solved.

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.

Almost 7 months going with lqdfx, honestly love their general account with low commission and good trading spreads compare to the other broker that I used who offer same spreads but double even triple the commission. Also love their customer services which sometimes take time but dedicated to solve any technical issue , withdrawal never takes too much time , after all everything going very smooth till now.

This broker partners with a provider who happens to be a market maker, i.e. a bank that injects quotes into the market which drives the price in the opposite direction of your trade. This makes LQDFX complicit in stealing your money.

It's astonishing how a representative from LQDFX comes on here and replies to every negative review, as if all is well, when it's a well known fact that 99% of retail traders lose all of their money in the forex market.

Similarly, you will lose your money trading with this broker. It doesn't matter what strategy you use, or if you backtest your strategy, because as soon as you enter a trade, suddenly the strategy doesn't work.

And don't count on a price reversal. Price will defy comprehension, by continuing indefinitely until you close the trade or get wiped out. That's because their liquidity partner will drive the market in the opposite direction all the way up to the moon, or all the way down to hell, just to take your money.

If you want to rate LQDFX in terms of professionalism and convenience, then yes, I'd suppose you'd give them 5 stars, but at the end of the day, it's your MONEY that counts, and if they're complicit in a racket to steal your money, then you will heed my warning and stay away from this broker.

There is a reason why they choose to do business from the Marshall Islands with no regulation. Because they don't want any oversight. If you're so above board, then why would you hide your business on a small island surrounded by ocean? Does that sound like someone doing business in good faith?

And there is a reason why they don't accept direct credit card deposits. Because obviously credit card companies know about the theft and don't want their customers to be victims.

Their strict account requirements are nothing more than smoke and mirrors to make you think your money is safe. They even tell you themselves, "We care about your money, and you should want to trade with a broker who makes your money a priority."

True, a priority to steal it.

Don't fall for the ruse.

You are going to lose all of your money with this broker.

It is not a fair trading environment and they are not doing business in good faith.

Don't listen to their representative and his slick talk.

Take my advice and that of many other reviewers, avoid this broker.

I entrusted the LQDFX broker with my large investment. But entering the broker without knowing about them weighted pressure on me. However, I successfully passed one years with the broker but faced no major issues yet. They came out nice with their convenient platform, customer safety, and some other issues. But frankly to say, when I first entered here, I wouldn’t expected that much.

I left a review about a year ago calling this company a scam. I was upset about price always instantly going the opposite direction as soon as I entered a trade. Since then I've learned a lot more about the market. It's not the broker doing that. It's the liquidity provider doing that. Liquidity providers are the market makers. If you don't understand institutional trading then you will fall victim to this all the time. Since then, I've adjusted my trading strategy, and with proper timing, I'm seeing better results. Remember, when you're trading with leverage, it's not your money on the line, it's someone else's money. If you trade like a retail trader, market makers will absolutely take your money. You have to trade with the institutions, not against them. The reason why I only give LQDFX 4 stars is because they don't have a VISA deposit option. You can only deposit via bitcoin, crypto, or VLOAD. Vload is an unreliable 3rd party who applies a fee to your deposit and an additional fee to your withdrawal. Yes, it's the cost of doing business, but only because LQDFX won't provide any option for bank wire. And I have a sneaky suspicion that they will give you problems with large withdrawals then blame it on a technicality with their provider. I have this suspicion based on reviews I've read here. So I'm very afraid to leave large amounts of money with this broker. Other than that, no problems so far with this broker. I'm just happy I got over that hump I was having last year.

Aug 28, 2020 - 1 Star I'm an experienced trader and I've been trading for years with many different brokers. I have deep technical analysis and I consider myself an expert in price action. So I know a market maker when I see one. When you enter a trade with these con-artists, the price immediately, and I mean IMMEDIATELY, goes in the opposite direction. It doesn't matter where you enter, or how you enter. Price comes to a full stop and then immediately goes against you. This is the hallmark of an algorithmic based market maker. But yet, they call themselves a STP, ECN broker. It's not hard to lie when you're unregulated and tucked away in the middle of the atlantic ocean in the marshall islands. Don't be fooled by the positive reviews. Those are their own people. I'm a real trader. If you want a real ECN broker, then you have to get with one that's regulated. They charge commission with every trade, to they hunt your stop loss AND get you for commission. What a ripoff.

Reply by LQDFX Representative submitted Sep 1, 2020 Dear adofo,

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

For the most part I go with regulated brokers and some unregulated brokers are legit. You juts gotta be careful who you go with. After reading reviews and seeing the negative ones, I agree with LQD FX replied and that they are being legit and accountable to the cry babies who do not read what the rules are or understand.

I like the reviews, I have an EA that is good with this as the ECN only charges a $7 commission per lot, and no swap fees and low spreads. Really ideal.

For those whining about the bonus. I agree with it so much. All those brokers that give you. bonus or credit, that is fake all they are doing is giving you the allusion you have more money than you have. So if You deposited $500, and would trade same .05 of a lot per trade. You might as well deposit $500 and take .10 of a lot. It is no different than seeing $1000 account balance and $500 of it is fake.

Another way to look at it is if you have 500:1 leverage, you might as well trade with 1000:1 leverage as the other $500 is fake.

So the fact they hold you bonus back and make you earn it for real to give it to you, is exactly the right thing a good broker does. Don't be fooled by magic tricks. LQD FX is not pulling any tricks by how they grant you your bonus based on actual volume traded.

Its been A turbulent journey leading to my success and this Broker is NOT the path! If you want to build your account and and take bigger trade sizes, GO somewhere else because their MAX TRADE size is only 40 lots. When the total of all my trades exceeded this low number, they restricted my account by lowering my leverage. I later incurred huge losses when trying to trade back into profit but couldn't open new trades.

They then started requesting that I call them first before receiving my withdrawals... It all went DOWNHILL fast, dealing with them. I was offered the VIP account with unlimited trade size but without the higher leverage and min trade being .10 instead of the .01 from previously. How can anyone be profitable long term with lowered leverage and a low max trade size total for all trades during a session?? As your account grow, wouldn't it naturally be right to make bigger trades? They wouldn't work with me to reimburse all or some of the funds. I even requested for a bonus just to add to my balance and not for withdraw; but was denied.

I will prevail again and learned from this chaotic lesson! Trader BEWARE with this one!! I found one that allows 150 max lots with more leverage and has shown better results over the year with my strategy on demo. I've been profitable on live till this present moment.

Mar 28, 2021 - 5 Stars It''s been 3 years now and A pleasant experience overall! The spread for Eurusd rarely goes to 1 and usually is 0. Customer service has resolved issues without much delay and withdrawals have been less than 12 hours sometimes. I appreciate an honest Broker when options for U.S. citizens are slim for good leverage without regulation. I've had my money stolen by an unregulated broker in the past (PellucidFx) and have always been extra cautious since then!

My entrance to lqdfx broker was nothing but a coincidence; however after passing some time with the broker I felt that it’s okay. I have all options available here for withdrawals. I can freely trade here as I find their platform out of technical issues. With their maximum leverage 500: 1, I can enjoy a good trading profit. But I am yet to see how long I remain comfortable with the broker.

i have been using this broker for a about a year and have no complaints other than them not having a crypto option but after speaking with Jason he informed me that crypto is coming so hang tight. Im over in the US and withdraws take about 48 hours to hit my crypto wallet never had an issue and deposits are instant. highly recommended

i open lest month account and deposit $2600 . after a month a ask why i dont any bonus, even not $5 , something. usually i trade 5 lot a month in average. when they said to me that i will my bonus only after i will trade 520 lot , i understand its a big scam. with proper lot size management its will take at least 10 years to get there. and i risk 10% -20% of my account in every trade .most of the traders don't risk more then 5%. so the bounds cant be achievable ever!! firs i taught you can get every $5 this bonus..not with this guys / you need wait 10-20 years or risk crazy DD every month till your account blow away long before you will get this bonus. this is pure acam!!!

Ok, here is my experience with lqdfx
Trading 1 year or so, my EA work well on this platform on their islamic account. Dont have any big problem eccept sometimes i must wait hours for my withdrawl, its not automatic. but platform is good, back office is fast when i need help with deposit but not on weekend. sometimes my deposit fail before and i need refund, but they told me to use the other option and have no problems now

What I like - the platform, my ea performs good, they have islamic account and vip islamic account, fast support (when working)
What i dont like - no live chat on weekend and for withdraw sometimes i must wait 5-6 hour

I've had an account for over a year. I've made made deposits and withdrawals without a problem. I just finished a withdrawal and it went quick and smooth (within 2 hours I think), so I don't know about the complaints people here have with them. I did have an OTP problem, but it was because of my email, nothing to do with LQDFX and Rachel helped me quickly and professionally.
I recommend this broker.

On March 1st I requested a USD 100 withdrawal via BTC. They sent me only 0.001478 BTC (around 71 usd) which was the same amount I received on my wallet.
They insist that my wallet is charging my fees, which is not true as I got the same amount of BTC (0.001478).
In conclusion they charged my 30% fee on my USD 100 withdraw.

seriously trying to verify documents which a blind man could see. I would not waste your time with this company or broker or whatever they want to call themselve.
I used the same documents to register at 4 other brokers but not with lqdfx...........
seriously poopy service go elsewhere

This is my first time withdrawl from lqdfx and I just have received my fund. I have not been with the broker for a prolonged period of time but the transaction went smooth with no delays. I thought I would leave my feedback here. It’s sound good trading here.

LQDFX Willl not accept my drivers license as proof of ID. Totally absurd!
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!!

Not the most advanced broker, but reliable. I enjoy the high leverage and low spreads but it would have been better if they offer 500 leverage on their ECN account as well. Overall good trading experience, never had issues depositing or withdrawing so far, not a bad broker at all.

This notification was after they took almost 20 thausand dollars from my account that I was trading with a lot free margin left plus greats positions on all my trades , they You'll notice this when spikes occur just on your platform alone and no other charting tool has those. Sometimes, it is unintentional and a glitch from your broker and you stand to be reinstated, however many times it is intentional and you might fall the victim of an unscrupulous forex broker. For those who sit on their computer to monitor their trades, it is frustrating to find such rapid price moves. I don’t think was unintentional but the damage it’s done and I don’t want others traders loss their money for unscrupulous forex broker . It’s not only this , what about Stop loss hunters ? Stop loss hunting is one of the ways they use to do that. They have some special robots or hire and train some employees who monitor the clients trades. When a client takes a short position and sets a stop loss and the market goes against the position and becomes so close to the stop loss, the robot or the stop loss hunter employee increases the spread manually to help the price hit the stop loss sooner. It’s easy to find out if your dealing with an honest broker or not ! If anyone who trade with this broker never saw this trick them I’m wrong but anyways I saw a lot of times , cost me a lot of money/


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,

Taking into account that US traders are very limited when it comes to Forex trading, I am happy that there are few decent companies out there who we can trust and LQDfx is one of them. All Forex brokers offer 1 main product - Forex trading, all those companies have the trading instruments that can satisfy our trading needs (of course low spreads and commissions are also a factor). However, what it matters nowadays is the service - how fast deposits are in, how fast withdrawals are processed, how stable the platform is and last but not least customer support.

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!

LQDFx is not a good broker. I have traded forex for years and was sure of the trade I placed. When I place a buy order they will reverse it to sell, when I will place a sell order they reverse it to a buy order. I Checked on TradingView and other two brokers and found that LQDfx was just bent on wiping my account which they actually did.

already i have experienced with so many brokers but right now comfortable with lqd, the main positive thing is lowest spreads which supports me much as scalper. but its increase sometimes at night and during news ( i have seen 2 times). have not faced any major something. customer service very fast in live. overall environment really good.

I've never seen such a useless broker as this. If you open your account they ask you to provide them with proven documents of your card, your id and your proof of address. With the proven address, in my case i do pay rent, and the basic services but there was no document for me that had EXACTLY my name and the address where i live; which is why i even went to my government officials to ask if they could provide me with that information. They said that since i'm not the landlord of the property they couldn't give me the POA (proof of address) l asked the official to provide me with the tax bill of my landloard. This in order for me to create a letter from my landloard stating that i've been living there for an amount of time and proving that as well. LQDFX kept sending me emails sayin the same thing over and over " it has to be stamped and signed by a governement official, accountant etc..." i even contacted the engineer that did the evaluation of the property before my landloard acquired the property. He made me a letter of that confirmation with his company. So if you want to really waste your time and not feel supported by them go for LQDFX!

Lqd is one of the good brokers out there with decent trading conditions and fast customer service. I only give 4 stars because i must use another company for crypto trading, if lqd had crypto it would be 5 star broker. They say in the future they will have but nothing yet. Anyway, overall good broker for forex and metals

So far I'm not liking what's going on just made live accountIm having issues with getting my refund .. they wallet address broken .. I tried to put $3k in my account and it never made it to it.. that's alot of money that just disappeared.. I keep emailing and chat run around saying my email not registered to them etc but I got screenshots of everything.. so disappointed cause I really want to use this broker

I have two accounts with lqdfx and honestly speaking no problems about trading conditions, everything is fast, they withdraw as soon as 1 hour. . Around 3 to 4 months going with them, I made already 2 withdraw and they pay me intime. Feel good.

after passing one week in demo , i have opened a real account on lqd, with no restrictions deposit instantly done. spreads is loswer than many of the broekrs i tried before. really looking forward do work with them more.

With a diverse trading style never have I been settled down on a particular strategy. In different situations even with different problems my experience went over lqdfx well. I made a number of withdrawals with successful cash outs. All my withdrawls came as accrue to me due to their no account fees. The support they have been providing to me, hope they will retain in future.

as a retail trader with different firms i have had a number of accounts over the yeras. its my own trading style. experience with lqdfx from december 2019, having withdrawan thousands 0f $$ never got major problem and the customer support representative , they charge nothing as account fees. overall comfortable trading life with them.

The one thing I DO NOT like about this broker is that it pays you hardly anything on US30! I put in a .02 lot size on a buy at the price of 27352.81. I took profit at 27360.81 and received 0.80 for a profit! There is NO WAY those 8 pips should have paid me only EIGHTY CENTS! It should have been $16! NEVER AGAIN!

No way to exit from this trap. Find nanager plays against the investors. Asked many times to exit the copy of trades. Customer support explained to that this Is not food business practice. Simeone from then wrote me that my loss Is not enough big, and that I was with no experience in this kind of investing etc. What kind of rights they could have in stating my stop loss? And what food business practice are they following Is known only for them. Statistics for the trades is fake and they know this very well. Find manager Is clearly supporter by the broker in trading against our interests. My blog shows update with concrete facts that are based on the log files from MT4 provider by the broker and not available on the portal. Criminals. Full stop

from last couple of months i have been trading with lqd. still haven't any major problem , the customer service is really excellent, bonus is usable with no restrictions but sometimes the trading spreads are wide when one sessions closes before the other session oppening , but that is normal with all broker.

Decent broker to start off with but I dont recommend you stick with them , better off with a regulated broker. They like to gap allot during Asian open plus you get hit with insane spreads sometimes so they skim your profits a bit.

It hasn't been so long I joined lqdfx broker, my mentor recommended lqd to me. The documentation process was relatively quick, the backoffice and support is kind and helpful. I had several questions before I start trading so on live chat they suggested to arrange a phone call for me. Spoke to a kind gentleman who answered all my questions and helped me with funding my account, that's what I call good service. So far I am happy with the platform as well, will update about withdrawing if any issues occur.

First withdrwal is done successfully after joining lqdfx broker. Despite being short amount, I thought i would have to stay long for the money to get but my thought came wrong. They have done their job magnificently. However, i strongly hope they will be providing quick response about withdrwal like this in future even in case of big amount of wothdrawl. I am really satisfied with it.