Exness vs LQDFX Comparison (2024)

Published :
Updated :
Written by

Exness vs LQDFX: In a Nutshell

Exness

Establisehd 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 very tight spread starting from 0.3pips. However, Exness does not have ASIC regulation. 

Exness Overview

Exness Overview
  • Founded In: 2008
  • Minimum Deposit: $1
  • Maximum Leverage: 2000:1
  • Regulations: FSA, CBCS, FSC, FSCA, Cysec, FCA, CMA
  • Trading platform: MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile,  Exness Trade App, Exness Terminal
  • Account Types: Standard, Professional, Social Trading
  • Payment Options: VISA, MasterCard, AstroPay, Bitcoin, Boleto, CASHU, FasaPay, Local Bank Deposits, Local Bank Transfers, Neosurf, Neteller, Oxxo, PerfectMoney, Skrill, Tether (USDT), WebMoney
  • US Traders: Not Accepted

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.

LQDFX Overview
  • Founded In: 2015
  • Minimum Deposit: $20
  • Maximum Leverage: 1:300
  • Regulations: None 
  • Trading platform: MT4
  • Account Types: VIP Account, ECN , Gold, Micro, Islamic
  • Payment Options: (5+) VISA MASTER
  • US Traders: Accepted 

           

Exness vs LQDFX: Pros and Cons

Exness Pros & Cons

Pros
  • Top tire regulations ( FCA, CySEC, FSC, FSA-S SBCS, FSCA, BVI FSC, and so on. 
  • The maximum leverage is as high as 1:2000
  • The minimum deposit is as low as $1
  • Free VPS hosting; to qualify, you need to trade for a minimum of 14 days and lifetime deposits of $500;
  • Competitive spreads starting from 0.3 pips on standard accounts
  • Swap-Free/Islamic Account Provided
  • Scalping, EA Trading, and Copy Trading are allowed 
  • Instant Withdrawal of Money 24/7
Cons
  •  No Passive investment programme ( PAMM, MAM Accounts) 
  •   No Ctrader, Tradingview, zuletrade offered 
  •  US Traders are not accepted 
  •  Only MT4 and MT5 Trading Platforms 
  • Limited educational resources

LQDFX Pros & Cons

Pros
  • ECN broker with spreads from 0.0 pips and full STP execution.
  • The minimum deposit required to start live trading is $20.
  • Zero-balance protection and segregated funds.
  • A 100% deposit bonus is given to traders who deposit from $250 to $20,000.
  • Variety of Account Types including Swap Free Islamic Account 
  • Training resources in the form of video lessons, eBooks, etc.
  • More than 30 video lessons are provided to train beginner traders.
  • Accept multiple deposit methods such as debit/credit cards, cryptos, bank transfers, and PayRedeem eCards.
  • An Economic Calendar, trading calculators, and chart analysis are some of the trading tools provided by the broker.
Cons
  • No regulation from any regulatory authority.
  • MT4 is the only platform available for traders.
  • VIP accounts have a very high opening deposit.
  • No daily market news and analysis. 
  • No MAM Managed Account 
  • Withdrawal fees for Visa and MasterCard

Exness vs LQDFX: Side-by-Side Comparison

Exness
LQDFX
Product
Founded In
Founded In
2008
2015
Founded By
Founded By
David Morris
Not Found
Headquarters
Headquarters
Limassol, Cyprus
Gros-Isle, Saint Lucia
Regulations
Regulations
FSA, CBCS, FSC, FSCA, CySec, FCA, CMA
None
Min Deposit
Min Deposit
$200
$20
Max Leverage
Max Leverage
1: Unlimited
1:300
Tradable Assets
Tradable Assets
Forex , Commodities, Stock ,Indices , Crypto
FX, Indices, Commodities, Metals, Cryptos
Fees
Fees
as low as 0.1 pips or commission upto $3.5 each side per lot
Spread from 0.7 pips
Platforms and Tools
Platforms and Tools
MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile, Exness Trade App , Exness Terminal
MT4
US Traders
US Traders
Not Allowed
Allowed

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 :

9.1
Exness Scores
Regulation and Security (40%)9.3
Fees and Commissions (20%)9.5
Trading (15%)8
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)9

LQDFX

4.2
LQDFX Scores
Regulation and Security (40%)1.5
Fees and Commissions (20%)7
Trading (15%)6
Trading tools (10%)2
Customer Support (10%)8
Trading Education (5%)6

Final Verdict :

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

Leave a Comment