This review will go over LQDFX to see if it really is the best forex trading platform out there.
You’ll learn whether Forex Trading is the right way to make money for you.
If you’re like most of my readers, you came across LQDFX for one main reason:
You want to make more money than you currently make by leveraging your existing resources.
Maybe you’re even looking for a quick turnaround on some of your cash instead of waiting years or decades for it to double.
Well, you’re in good company – who wouldn’t want all of that?
There’s one thing you need to watch out for though: legitimate scammers.
The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space.
But for purposes of this review, let’s assume these people had the best of intentions.
Even with the most sophisticated systems out there, most experts barely manage to get it right 10% of the time…
Obviously, there’s an argument to be made that 1 winning bet can outshine 10 losing ones…
But if you mess up and miss a trade even one time, your month can turn sour pretty quickly.
Suffice to say, there’s a whole lot of stress & uncertainty.
Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into.
But what if you could build a different income stream, and start seeing profits within your first few days?
I’m talking about a system that doesn’t require:
- Obsessively checking your phone and charts
- The emotional turmoil of loss after loss, waiting for that win
- Glorified gambling
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it, without spending every waking hour watching for alerts and pouring over charts?
If that sounds interesting, you might want to think about using the Digital Rental Method.
If you wanna see what LQDFX looks like on the inside, keep reading.
LQDFX Review – A Forex Trading Platform
As a forex broker, LQDFX provides clients a platform for trading foreign exchange (Forex) and contracts for difference (CFDs). LQDFX was established to provide traders from around the world with good trading solutions and services in terms of quality, honesty, and a commitment to excellence.
LQDFX was founded in 2015 and is located in Majuro, Marshall Islands, with various customer support branches worldwide.
Finding a good LQDFX review, whether local or global, might be challenging, especially if you want a complete list from a reliable source.
An in-depth evaluation of LQDFX is provided below to help you make an informed decision before creating an account or trading on their platform.
LQDFX provides pricing and execution from top-tier institutions that are members of LQDFX’s extensive list of liquidity providers. LQDFX also employs a price aggregator to match trader orders with the best available price executions.
The deployment of such technologies has resulted in reasonable transaction execution speeds and few requotes.
It also assures no conflict of interest between the broker and the trader regarding the broker’s commissions, as the broker’s fee is derived from spread and commission costs.
Awards And Recognition
Brokers who have won multiple awards and proudly display them on their websites tend to be seen as more trustworthy by their clients. It gives it credibility in the forex market as a provider of services and solutions.
On the LQDFX website, there are two awards mentioned:
- Best ECN Broker in 2017 and Most Reliable Broker in 2017.
Types Of LQDFX Trading Accounts And Their Features:
Investors open Forex accounts with forex brokers to trade currencies and other financial instruments.
It’s up to the broker to decide whether to offer a variety of accounts tailored to different traders’ needs and goals or a single account with flexible trading terms. You can also sign up for a free demo account to get a feel for the service.
The quantity and type of accounts available to traders will differ from one broker to the next, which is why traders must understand their trading needs and ambitions and why they should choose a broker based on that, among other considerations.
LQDFX provides traders with a range of accounts specifically customized to fulfill traders’ trading goals and objectives, regardless of their degree of trading experience, abilities, and knowledge about online trading.
Except for the ECN account, all accounts are tied to STP execution and pricing. The ECN broker must consider this.
LQDFX account, as well as their dynamic features, include the following:
LQDFX Micro Account
Traders who open an LQDFX Micro Account will have access to the following features: Market execution.
- Access to an account manager.
- STP pricing
- Maximum leverage up to 1:500.
- Spreads start from 1 pip.
- Minimum trade volume size of 0.1 lots and maximum of 5 lots.
- Zero commission charges and no requotes.
- Swaps are charged on this account.
- Ability to trade Indices, Forex, Commodities, and Metals.
- A minimum deposit of 20 USD when registering a live account.
- Access to educational materials.
LQDFX Gold Account
Traders who open an LQDFX Gold Account will gain access to the following features:
- Market execution
- Access to an account manager.
- STP pricing
- Maximum leverage up to 1:300.
- Spreads start from 0.7 pips.
- Minimum trade volume size of 0.1 lots and a maximum of 40 lots.
- Swaps are charged on this account.
- Zero commission charges and no requotes.
- Ability to trade Indices, Forex, Commodities, and Metals.
- A minimum deposit of USD 50 when registering a live account.
- Access to educational materials.
LQDFX ECN Account
Traders who open an LQDFX ECN Account will have access to the following features:
- Market execution
- Access to an account manager.
- STP pricing – not ECN, as shown on the broker website.
- Maximum leverage up to 1:300.
- Spreads start from 0.1 pips.
- Minimum trade volume size of 0.1 lots and maximum of 40 lots.
- Swaps are charged on this account.
- Commissions of 3.5 USD or EUR per 100,000 traded.
- Ability to trade Indices, Forex, commodities, and metals.
- A minimum deposit of 500 USD when registering a live account.
- Access to educational materials.
LQDFX Islamic Account
Traders who open an LQDFX Islamic Account will have access to the following features:
- Market execution
- Access to an account manager.
- STP pricing
- Maximum leverage up to 1:300.
- Spreads start from 0,7 pips.
- Minimum trade volume size of 0.1 lots and maximum of 40 lots.
- No Swap charges
- Zero commission charges and no requotes.
- Ability to trade Indices, Forex, commodities, and metals.
- A minimum deposit of 20 USD when registering a live account.
- Access to educational materials.
LQDFX VIP Trading Account
Traders that open the LQDFX VIP Account will have access to the following features:
- Market execution
- Access to an account manager.
- STP pricing
- Maximum leverage up to 1:100.
- Spreads start from 0.1 pips.
- Minimum trade volume size of 0.1 lots and no limit on maximum trade size.
- Swaps are charged on this account.
- 5 USD or EUR charged per 100,000 traded.
- Ability to trade Indices, Forex, commodities, and metals.
- Access to educational materials, mobile trading and
- A minimum deposit of 25,000 USD when registering a live account.
LQDFX Deposits And Withdrawals
The ease of depositing and withdrawing funds is another factor to consider when comparing brokers.
Client funds must be held in segregated accounts, accessible at any time upon request from the trader and subsequent owner of the trading account, making regulation essential.
LQDFX offers a choice of flexible payment methods for traders to use when making deposits and withdrawals. LQDFX does not impose deposit fees, but withdrawal costs vary based on the payment type utilized.
Account deposits and account withdrawals can be made using the following methods:
- Bank Transfer
- Mastercard
- Visa
- Skrill, Neteller, Fasapay
- Vload
- Crypto-wallets
- Bitcoin
- Other Bank Wire Transfers.
LQDFX Cost And Fees, Commissions, And Spreads
The broker’s commission needs to be thoroughly investigated. The commissions, spread, and margin requirements play a major role in determining these.
Given a tiny price change measured in “pips,” the spread is the difference between the bid and ask prices.
A trader’s required initial deposit or minimum amount of available funds in their trading account to meet a margin call. The use of leverage typically decreases this figure. As a leveraged product, losses can exceed initial deposits, putting capital at risk.
The percentage charged calculations towards the broker’s fee for their services. Market makers and fixed spread brokers generally offer commission-free trading.
LQDFX’s commissions and spreads depend on the type of account that the trader uses and can be viewed as follows:
- VIP Account – commissions from 2.5 USD/EUR per 100,000 and spreads from 0.1 pips.
- Islamic Account – commission-free trading and spreads from 0.7 pips.
- ECN Account – commissions from 3.5 USD/EUR per 100,000 traded and spreads from 0.1 pips
- Gold Account – commission-free trading and spreads from 0.7 pips
- Micro Account – commission-free trading and spreads from 1 pip
- Demo Account – No Commission
Withdrawal fees are waived for the following payment methods:
- Visa and Mastercard – 10 USD/EUR.
LQDFX Leverage
Leverage is a tool that allows investors to increase their exposure to the market without increasing their initial investment. Earnings potential and risk of loss are amplified when dealing in leveraged goods like Forex.
Leverage is represented in terms of a ratio, such as 1:1, 1:50, 1:100, 1:500, or even 1:3000. If a trader has $1,000 in their trading account and uses a 1:100 leverage ratio, they can control a $100,000 stake.
Margin is the amount necessary at the outset of any trade to cover any credit risks. You must fund trades to cover this requirement, a percentage of the position size.
For a $1,000,000 stake, a 1% margin requirement means the trader must cover $10,000. The margin must be equal to or greater than 100% to open a position.
LQDFX’s Leverage Per Account Types
LQDFX’s leverage varies according to account type, with the Micro Account having access to the highest maximum leverage.
- VIP Account – 1:100
- Islamic Account – 1:300
- ECN Account – 1:300
- Gold Account – 1:300
- Micro Account – 1:500
LQDFX Bonuses
Potential traders are typically enticed with deposit bonuses. This may be beneficial, but be sure you fully grasp the terms of the bonus before accepting it.
When trading with a real account, the trader will incur the same costs as any other trader. The bonus typically begins repaying expenses after a trader has established a track record of regular trading activity.
While no deposit incentives are a wonderful way to get started trading, the terms typically require so much trading before you can take winnings that they aren’t worth it.
LQDFX gives traders a transparent, trackable, and realistic incentive scheme. Traders can earn a bonus of up to 20,000 USD/EUR after placing a deposit.
The 100% deposit applies to all account types except PAMM and starts at $250. Traders get fast credit on their deposits, and the deposit is withdrawable, which other brokers don’t give.
Brokers who give deposit bonuses do so as a credit on their LQDFX online trading account. While the bonus itself cannot be withdrawn, its profits may. This is a big plus for LQDFX.
LQDFX Bonuses Conditions
However, traders should know that this incentive is subject to certain trading volume limitations. The incentive is subject to the following conditions:
- Traders who applied for any of the account categories are eligible.
- You can use the bonus on up to three trading accounts per registered trader to forex broker.
- The maximum cumulative 100% bonus amount per account is 20,000 EUR or USD.
- The 100% Bonus Value is $5 per round lot traded on Forex and Metals.
- Positions open for less than 3 minutes are not eligible.
- The 100% bonus can be withdrawn or transferred after meeting the whole volume requirement.
- The minimum account deposit to qualify for the bonus is $250. Deposits below this amount will not be eligible.
LQDFX Trading Platforms, Software, And Its Features
A trading platform is a software tool that enables traders to trade. Brokers frequently provide their own proprietary trading systems, which they may or may not support.
LQDFX allows traders to utilize MetaTrader 4 with any trading accounts to create a unique and dynamic trading experience.
LQDFX MetaTrader 4 Features
MetaTrader 4 is one of the most prominent trading platforms in the market, and it has the following features:
- Ultra-fast execution
- Access to a depth of market
- The ability to use one-click trading
- Access to advanced technical analysis
- Negative balance protection is given in conjunction with LQDFX’s offering.
- Advanced charting capabilities
LQDFX Markets, Products, And Instruments
Most brokers allow you to trade all or some of the following market instruments:
Forex:
Forex trading, often known as currency or FX trading, is the currency exchange market in which individuals, businesses, and financial organizations trade currencies at floating rates.
Commodities:
Commodity markets, like currency exchange markets, allow for the trade of contract-based tradable products.
Indices:
Equity or stock indices can indicate a specific collection of major companies or a particular stock market. Actual stock market indexes are used to calculate the worth of a specific segment of the stock market.
Precious Metals:
This entails trading gold, silver, and other precious metals as contract-based traded hard commodities.
Energy:
The massive volatility of energy prices due to political, environmental, and other reasons is a common element of this product, making it a popular trading option.
Cryptocurrencies:
The following are a list of tradable cryptocurrencies:
Bitcoin (BTC) is the electronic and digital currency with the highest market capitalization and price levels, accounting for half of the overall crypto market capitalization.
Litecoin (LTC) is similar to Bitcoin but has lower scalability.
Ethereum (ETH) is the 2nd largest cryptocurrency behind Bitcoin, enabling developers to build smart contracts on a platform.
Ripple (RPL) is well-known among large banks due to the Ripple network, a next-generation real-time gross settlement system.
Bitcoin Cash (BCH) was launched as a new blockchain version with various regulations.
LQDFX offers the following from the above:
- 73 Forex Pairs
- 12 indices
- 6 commodities, and
- 16 Metals
These are also available in their demo account but using practice mode.
Can You Really Make Money With FOREX Trading?
Yes, you can!
But…
There’s a lot that comes along with FOREX Trading that many people struggle with.
Now, don’t get me wrong…
It’s not impossible to make money with FOREX, but if you’re gonna put in the amount of grueling work to do this business (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
LQDFX Safety And Regulation
When picking a forex broker, check out which regulatory agencies oversee the broker’s business.
The LQDFX website contains no regulatory information, yet the company is registered in Majuro, Marshall Islands, with registration number MH96960.
Segregated accounts with top-tier European banks, including Barclays, HSBC, and Deutsche Bank, are guaranteed by LQDFX.
Holding funds in segregated accounts implies they can only be utilized for trading activities initiated by the trader. But without regulation, this is impossible.
Client funds are also separated and not on the LQDFX balance sheet, so they cannot be used to pay creditors if the brokerage is liquidated or bankrupt.
The broker’s website and terminals are safeguarded by 256-bit Secured Socket Layer (SSL) encryption from COMODO’s well-known American cybersecurity firm.
Furthermore, LQDFX confirms that the company has an AML policy, which you can download from the website. By doing so, LQDFX pledges to prevent money laundering.
LQDFX Customer Support
This is vital when considering possible brokers to trade with because traders need to contact support in various methods.
Traders can reach LQDFX customer service using the website’s callback request form, phone number, email address, or live chat option.
LQDFX is also on Facebook, Instagram, Twitter, LinkedIn, and Google Plus.
LQDFX Education And Training
Education refers to all of the learning materials and resources provided by brokers that are essential for traders, particularly beginners, in their trading activity. It equips traders with the knowledge they will need to become successful traders.
Under the specialized area of the broker’s website, LQDFX makes ample provision for scholarly sources. Traders have access to the following resources and tools:
- Courses provide a wide range of topics, including a beginner’s course, trading tools, trading methods, mobile trading, and more.
LQDFX Research
Brokers provide traders with some trading tools to help them refine their trading.
LQDFX research contains daily market news updated by specialists and sourced from trustworthy sources such as Reuters, CNN, and others. The Forex essentials area has some articles that provide helpful information.
In addition, LQDFX provides the following tools:
- Examining graphs
- Calculators — include a pivot, Fibonacci, and deal size calculator
- An economic calendar
Conclusion – LQDFX Review
LQDFX is a trading broker that claims to cater to a wide range of traders regardless of experience level; nevertheless, the trading conditions supplied cannot compete on the same level as other brokers who are also well-regulated, adding an additional level of client and client fund security.
Overall, traders should avoid trading with LQDFX because of its unregulated services and high-risk operation, which targets many clients to their rows without providing the necessary level of protection or performance. Dealing with an offshore broker carries a high risk of falling victim to a scam.
Alternatives To LQDFX?
Yes, there are plenty of other business models to choose from if you want to pursue making money in 2022. Here are just a few:
Is LQDFX A Scam?
Alright, time for the $1,000,000 question: is LQDFX a scam?
No, not technically. You can 100% make money with it, but it’s not NEARLY as simple as LQDFX wants you to think it is.
Read Our In Depth Breakdown Of The Top 5 StocksOpp Courses For 2024
You need to understand that you are taking a very big risk with financial products.
So while it’s entirely possible that you hit the big leagues and retire to a vineyard… the path to get there is so stressful, it might just shave a decade off your life… IF you even get there.
A friend of mine actually writes advertisements for one of the largest financial program advertisers in the world… so believe me when I say that most of the “awesome” numbers they use in their ads & landing pages are borderline false.
What they conveniently leave out are the dozens of losing bets and trades that came before the big win you’re reading about.
Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before (hopefully) getting a big win.
I’d rather use that 3 months of work (in my spare time) building Digital Rental Properties, and then collect a handful of nice little $500-$2,000 checks every single month afterward (AKA passive income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of using the Digital Rental Method).
You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is a laptop and an internet connection.
Some of my friends are Digital Rental Method that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My #1 Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.
Why?
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macro-economic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades, or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like LQDFX, which might make you money if you luck out.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
