Forex traders always look for trading with brokers that suit their trading needs and preferences. Exness and LQDFX are online forex brokers that offer their trading services to traders and investors. Exness is a highly regulated and trusted forex broker. It is regulated in two tier-1 jurisdictions, one tier-2 jurisdictions, and four tier-4 jurisdictions. On the other hand, LQDFX is an offshore forex broker which is not regulated by any regulatory bodies.
In this article, we will review and compare the brokerage services offered by Exness and LQDFX. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.
Exness vs LQDFX: Side-by-Side Comparison
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Exness vs LQDFX: In a Nutshell
Exness
Established in 2008, Exness is a regulated forex and CFD broker. It is regulated by multiple jurisdictions. The broker gives access to trade more than 230 tradable instruments on its MT4 and MT5 Trading platforms. The broker allows copy trading, news trading, and EA Trading. You can start trading with as low as 0.01 lot in Exness. The broker also offers a very tight spread starting from 0.3 pips. The broker is regulated by FCA, CySEC, CMA, CBCS, FSCA, (FSC) in BVI, (FSC) in BVI Mauritius, and FSA in Seychelles. However, Exness does not have ASIC regulation. To learn more, you can read our review on Exness.
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LQDFX
Established in 2015, LQDFX boasts of low spreads, fast order executions, and security through client funds segregation, zero balance implementation, etc. Newbies are encouraged with multiple trading resources, demo account contests, and even micro accounts. Investors can choose the MAM/PAMM accounts and pros can open VIP accounts.
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Exness vs : LQDFX Features
Exness:
- Trading Instruments: 200+ trading instruments including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs,
- Maximum leverage: up to Unlimited :1
- Minimum Deposit: $1
- Account Types: Exness offers 5 different types of accounts including Standard, Standard Cent account, Pro, Raw Spread, Zero accounts
- Fees: starting from 0.2 pips for a standard account, 0.3 pips for a standard cent account, 0.1pip for a pro account, up to 3.50 per Lot per one side for a raw spread account, 0.05/lot per side for a zero account,
- PAMM/ MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
LQDFX
- Trading Instruments: FX, Indices, Commodities, Metals, Cryptos
- Maximum leverage: 1000:1
- Minimum Deposit: $20
- Account Types: 4 (Standard, Pro, Var, Mini)
- Trading Fees: Commissions on Fx apply, $2.50 per 100,000
- PAMM/ MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Exness vs LQDFX: Pros and Cons
Exness Pros & Cons
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LQDFX Pros & Cons
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Exness Vs LQDFX: Our Scores and Ratings
We rated both brokers, Exness and LQDFX, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
Exness :
LQDFX
Final Verdict :
Both Exness and LQDFX offer similar trading services worldwide. However, there are differences in their regulations, reputation, and operation. Exness is a highly regulated and trusted forex broker. It is regulated by top-tier regulatory authorities, including FSA-S , CBCS , FSC Mauritius, FSCA , CySEC , FCA ,BVI FSC. On the other hand, LQDFX is an unregulated offshore forex broker. Exness provides Multiple trading platforms including MT4, MT5. On the Contrary, LQDFX uses MT4 as its trading platform
As Exness is not licensed in the USA, it cannot accept US clients. Being an unregulated offshore forex broker, LQDFX can onboard clients from anywhere in the world, including the USA. Therefore, non-US traders may opt for Exness, while US traders looking for offshore forex brokers may consider LQDFX. Trading with offshore forex brokers is risky and not recommended.
