Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 500:1 |
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Minimum to Open Live: | $20 |
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Established: | 2015 |
Address: | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, MH96960, Marshall Islands |
Contact: | support@lqdfx.com, +44 2035988261 |
Regional offices: | |
Regulators: | |
Prohibited countries: | Unknown |
Trading platforms: | MT4 |
Mobile Trading: | Yes |
ECN: | Yes |
Currencies: | (70+) |
Cryptocurrencies: | |
CFD: | (35+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil, Other Commodities |
EAs/Robots: | Yes |
News Spike Trading: | Yes |
Scalping: | Yes |
PAMM: | Yes |
Deposit Methods: | Bank Wire, VISA, MasterCard, Bitcoin, Ether/Ethereum, FasaPay, Litecoin, Neteller, Ripple, Skrill, UPayCard, VLoad |
Withdrawal Methods: | Bank Wire, VISA, MasterCard, Bitcoin, Ether/Ethereum, FasaPay, Litecoin, Neteller, Ripple, Skrill, UPayCard, VLoad |
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Traders Reviews
SCAM!! STAY AWAY
Service use: Live
Length of use: 0-3 Months
I opened three trades after my 500$ got deposited, I am using Metatrader4 platform on Mobile phone. When I placed my trades I had no issue logging on and off of my MT4 Lqdfx account, but soon after I my trades gain profit, I COULD NOT LOG IN ANYMORE TO CLOSE OR MONITOR MY TRADES! Every time I try to log into Lqdfx server on MT4 it keeps giving me a timeout error with no login success. I reached out to their live chat, we tried multiple things but nothing worked. They tried to say it's not Lqdfx fault and probably I don't have a secure internet service. BULLSHIT! I was on wifi and I can log onto my IG brokers account on MT4 perfectly fine during the same time I'm having this issue, so I know MT4 and my wifi was not the issue. Since I couldn't log in to close my trade, my account balance went to .35 cents. The next day after my account was blown, I mysteriously was able to log into Lqdfx server with no problem. PEOPLE STAY AWAY FROM LQDFX, they scam people like me to pay back other people they tried scamming. Believe these bad reviews, I should of before I deposited money with this broker. The only reason this broker has good reviews is because these clients are the lucky ones who haven't been scammed yet!!! STAY AWAY, Don't get scammed like me.

Thank you for your feedback.
You have emailed us regarding your overpayment on the 20th in the evening, giving us no time to investigate and get back to you, as this review was posted the next day.
Cases related to clients' funds are always taken seriously and being dealt with on a priority basis. An agent asked for a screen shot of your overpayment so we can forward it to our payment service provider. The evidence of the overpayment was provided to us after this review was posted and you have been emailed with a refund link of your overpayment yesterday April 23.
In regard to your connection issue, please note that LQDFX is not liable for losses due to poor internet connection or for any reason outside of LQDFX's control. We as a company providing trading services, expect from our clients to ensure their devices are in good working order, as well as ensuring a stable internet connection. There is no reason for you not to be able to login at that particular time, apart from poor internet connection, taking into account you have already logged in earlier that day.
Furthermore, we checked the status of our servers at the time you reported your connection issue, and no disconnection errors or discrepancies were detected. Moreover, we have had no traders reporting a similar issue, which leads to the fact that the issue appears to be isolated. Additionally, I must point out the fact that if there is a problem with the server, the effect would not be isolated.
The strange part is that you were able to login and place the trades, but then you weren't able to login before you got stopped out. Then later, you mysteriously was able to log back into your account.
We are unable to determine what exactly caused that, as it's not to do with our server. Therefore, we cannot be held responsible for losses that occurred outside of our control.
Kind Regards,
Mark
Official Representative
Worst broker ever SCAM!!!!
Service use: Live
Length of use: 0-3 Months

Thank you for taking the time post this review.
We welcome any feedback, however, it would be more enlightening to provide us with specific information (account number/ Wallet ID) as to be able to identify you as a client and look into your claims further.
It is probably needless to mention that we do not withdraw funds from our clients' wallets while they are asleep, or at any time at all.
To conclude, since there is anonymity and lack of evidence on your part, we cannot refute your claims or accept this review as plausible.
Kind Regards,
Mark
Official Representative
Good bonus experience
Service use: Live
Length of use: 6-12 Months
Good going
Service use: Live
Length of use: 6-12 Months
Update:
Service use: Live
Length of use: 0-3 Months
Apr 3, 2020 - No Rating Hello,
Not sure if there was a delay or my last update has not gone through so I am leaving another review. I have since spoken to a rep from LQDFX and he has assured me that the holding of withdrawals are not from their side but from the side of the liquidity providers. They do not want to lose me as a client so they are dealing with the LP to ensure that my profits will be secured and sent to me and a rep confirmed to me that its looking positive. So I would like my last post amended to reflect this. Thank you.
Mar 30, 2020 - No Rating I have since spoken to a rep at LQDFX and I now understand that the issue with my account is from the liquidity provider and not from their end. They have assured me that they are fighting for me and things are looking to be quite positive. So I believe that my initial post was a bit too harsh and I am confident that we can reach a positive outcome.
Mar 28, 2020 - 1 Star I made around 13000 USD with a 1500 USD capital. This profit came the second Boris Johnson announced he had corona. Any experienced trader knows the impact of such events and the possible profit. I wake up the next day to an email saying my account is frozen and the LP is suspecting arbitrage trading!
HOW IS THIS EVEN POSSIBLE!!!!!!!! IF I PRACTICE ARBITRAGE I WOULDN'T BE ON A S***** BUDGET TRYING TO MAKE ENDS MEET WHILE SUFFERING FROM THIS S*** ECONOMY. I FINALLY GET A WIN AND THEY JUST TAKE IT FROM ME?
THEY ONLY WANT YOU TO LOSE. I AM SEARCHING FOR A PROPER LAWYER TO SUE THEM RIGHT WHERE THEY ARE REGISTERED. THIS IS OUTRAGEOUS.
Meanwhile, their chat support casually says it's ok to use any EA and practice any form of trading anyone would want!
PURE SCAM!!!!
I am starting a social media campaign listing every single MANUAL trade with screenshots and comparison to other myfxbook wins others made at the same time/date
I will also post their staff saying how any trading style or EA use is acceptable. They want you to make money but they will rip it off you. AVOID BY ALL MEANS!
Accounts:
60009575 - Deposit 500 USD / Profit 1500 USD
60010121 - Deposit 500 USD / Profit 1530 USD
60010122 - Deposit 500 USD / Profit 9146.56 USD
Like the way LQDFX take care customer, Nice & Fair.
Service use: Live
Length of use: over 1 Year
Last few day my withdrawal delay by under investigation of their LPs like others comment. I chat with support ask about how the progress and the support team respond within a day make me so apprecite and finish the withdraw.
I like the way LQDFX treat customers. I'm the one who comes to rate them 5 star. They not a SCAM, you make profit they will pay. Just don't only blame, the thing nice they do should be share too.
Update on my last Review
Service use: Live
Length of use: 6-12 Months
In this phone call I was given the results of my investigation stating that my I would be RECEIVING MY WITHDRAWAL and MY TRADING ACCOUNT WOULD BE ENABLED again.
I have not received my withdrawals yet, however I do plan on updating this review with the final outcome once It is in my account.
I do want to say that aside from my recent withdrawal problems, this broker is a solid 4.5/5. The executions are probably the fastest of any broker I have used. The spreads are excellent. The deposit process is simple. With any simple problems, the support team is very quick to reply and the live chat has been extremely helpful over the several months that I have traded with this broker.
Mar 25, 2020 - 1 Star Hello,
I have been trading with lqdfx for almost 8 months consistently. I never tried to withdraw throughout all of this time until last Thursday. (today is a Wednesday). When I initiated my withdrawal, they held my funds until today(Wednesday March 25) after I messaged that backoffice and support 3 days in a row with no reply and informed them that I would be contacting my lawyer. From Monday (march 23) to Wednesday(march 25) I had been contacting them with no updated on my withdrawals.
Note: their withdrawal time is only supposed to be 1-2 business days, however now that I try to withdraw a large sum of money ($30,000) they slow down my withdrawal with no reply.
So, after telling them I have contacted my lawyer I get automated emails from support saying that my withdrawals have been processed. After 1.5 hours later the status of my withdrawals changed on their website, then the bitcoin was finally sent/in transit.
Now, after this I had about $36,000 left in my trading account. at about 6pm London Time (note: their office closes at 3pm London time), I tried to withdraw another large amount ($32,000 )in the for of 2 withdrawals ($15,000 and $17,000).
INSTANTLY after these 2 withdrawals were placed, I received an email from the trading department stating that my account has been temporarily disabled and I am under investigation for arbitrage.
Note: If I was under investigation previously, why did they choose to send me a seemingly AUTOMATED email withholding my funds when I attempt to withdraw another large amount of money? And they sent this email after their business hours? This was clearly an AUTOMATED EMAIL set up on my account stating that if I tried to withdraw another large sum of money, the email would be sent and they would once again hold my funds, and if they decide to lie and claim "arbitrage" then they would keep the money that I was attempting to withdraw. If this was really the case, why did they let me withdraw my first $30,000 (after holding it for an extended period), but put an automatic email trigger holding my funds if I tried to withdraw more?
This is an obvious attempt to steal money from profitable traders and I intend to take legal action if my withdrawals are not processed and my account is shut down.
Here is the email they sent LITERALLY MOMENTS AFTER MY WITHDRAWAL WAS INITIATED ( during their non-business hours):
Dear Jordan,
We are informing you of the fact; your trading account is under investigation.
Our Liquidity provider has red flagged your trading activity, due to potential arbitraging.
Your account has been disabled during this time and no funds can be withdrawn as they are now frozen, until they have completed and concluded the investigation, the duration time will be up to 24 hours until we are advised.
Kind Regards,
amateurism beyond the evezrything!
Length of use: 6-12 Months
I've been trying to set up account FOR MONTHS!!!! Still, it doesn't work. Everyday I contact the helldesk because my account is disabled because it's not being used. When the finally (after a bunch of hours) reactivate it, I need to reset (uuuch????) my password. After that I can log in. THen I try to upload the documents required, I receive an email telling me that my photo's are too blurry (ok, I'm not a professional, but EVERYTHING is still very readable, even if the text in the corners is a little less sharp). And that is a lot more worse than not being able to login!
A day later, I gather all my courage (which is not much anymore) to try again, with newly photos. Now you can start reading from the top again.

Thank you for taking the time to post this review.
We are very sorry you had this experience and your impression towards LQDFX is negative.
From the investigation we have performed as to be able to reply to this review, we found out that your account had been archived the first time due to inactivity. As soon as you contacted us regarding your inactive account, we reactivated it. However, it seems that this was a technical glitch. As you brought this matter to our attention, our IT team managed to fix the bug.
This is something that occurred to your account solely. This is the reason why it might have taken a bit more time to be identified as a glitch, since we did not have any other complaints from any of our clients to classify this as a bug.
In regards to the approval of your account, please note that a Proof of Address document has been asked. However the two documents you have provided us with were out of date and could not be accepted by our Compliance department. It doesn’t make a difference if the document is sent as a PDF or an image, as long as it is included as a whole on the file that we will receive and that it is issued no more than 3 months ago.
On this note I can express again our apologies as we have already done by the emails that were sent to you asking for your understanding.
In fact, your case was escalated to the management team. A senior manager from the Back-office team has also tried to contact you to assist you further but you have rejected the calls and not replied to their emails.
At this point, we are only waiting for your POA to be provided as to approve your account.
We believe that if you can accept our apologies on the misunderstanding and provide us with what is required, you will be very pleased with the quality of our services from here on.
Kind Regards,
Mark
Official Representative
They took my money and earned profits. UNRELIABLE
Service use: Live
Length of use: 3-6 Months
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
Also on further inquiries I was not given any further reasons. Also no evidence or something similar.
As soon as you make high profits with LQDFX, your account will be deleted.
So be very careful.
They are scammers.
Apr 13, 2020 - 1 Star I can only disadvise this broker. It is by far the most unreliable broker yet.
At the beginning of March 2020 I made very large profits in the turbulent market situation.
Then it became very strange.
First I got an email that my account is under observation (allegedly from their Liquidity Partner). One day later my account was deleted, and my profits (150k) were simply held back. I was only told that I had done arbitrage. Without further explanation. Also, no evidence or explanations were sent to me in response to various follow-up questions.
I had pointed out several times that with an average trade duration of 2-3 minutes, there can be no talk of arbitrage, but rather of scalping. All this was ignored. My profit was gone and my account deleted.
Therefore: Hands off this broker!
As long as you don't make high profits, everything will go well. But as soon as you have large profits, they are not paid out.
LQDFX is SCAM!!!
Reply by LQDFX Representative submitted Apr 15, 2020 Dear piand,
Thank you for taking the time to post this review.
Even though you have chosen to remain unidentified, we are very well aware of your case. Further to our previous email correspondence, let me add some more details to your review.
The trading strategy of your EA was evidently proven to be arbitrage, thus violating our trading Terms and Conditions. Moreover, a proof was provided to you.
Furthermore, we are quite positive it is not your first time being in such situation, as we received a confirmation from our Liquidity provider that such activity had happened previously and were well aware of arbitrage trading being taken from the same IP address. With this being said, a possible case where you were not aware that your EA's strategy is in violation, does not stand up.
In addition to the above, our LP is also aware of the arbitrage software and the provider that sells it, which is apparently on their black list.
As an STP broker, we welcome scalping and scalping is allowed, but arbitrage is not.
Should you have any further inquiries, please feel free to contact trading@lqdfx.com
Kind Regards,
Mark
Official Representative