Moneta Markets vs LQDFX | Compare Features, Safety & More (2024)

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Moneta Markets vs LQDFX: In a Nutshell

Moneta Markets

Founded in 2020, Moneta markets is a new broker but was founded by experienced experts. Traders can enjoy ECN trading of over 1,000 forex and CFD instruments on its MetaTrader platforms, proprietary app trader as well as on the PRO TRADER; powered by TradingView. Social trading is via the Moneta CopyTrader app. Its ultra ECN account comes with tight spreads and commissions as low as $1/lot.Risk warning: 74-89% of retail traders lose money

Moneta Markets Overview
  • Founded In: 2009
  • Minimum Deposit: $50
  • Maximum Leverage: 1000:1
  • Regulations:FSP , FSCA
  • Trading platform:RO TRADER ,APP TRADER ,Mt4,Mt 5,METATRADER APP,MT4,WEBTRADER,COPYTRADER APP
  • Account Types: Direct, Prime, Ultra
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, FasaPay, JCB, SticPay
  • US Traders: Not Accept

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 

           

Moneta Markets vs LQDFX: Pros and Cons

Moneta Markets Pros & Cons

Pros
  • Regulated by FSA-S, FSCA 
  • The Maximum Leverage is as high as 1:1000
  • Low Spread Starting From as low as 0 pips 
  • Allow Scalping, EA Trading, Copy Trading 
  • Offers passive investment programme(MAM, PAMM Account)
  • Copy Trading, Zulutrade is allowed  
  • No Deposit or Inactivity fees 
  • Wide Range of instruments – 1000+ products to trade
  • Easy and Quick Account Opening 
  • Seamless Deposit and Withdrawal 
  •  Free Forex VPS
Cons
  • Moneta Markets does not have top tire regulations like FCA, NFA, ASIC, CySEC etc. 
  • Limited number of trading instruments compared to market leaders 
  • No investor protection scheme 
  • The Ctrader platform is not offered

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

Moneta Markets vs LQDFX:: Side-by-Side Comparison

Moneta Markets
LQDFX
Product
Founded In
Founded In
2009
2015
Founded By
Founded By
David Bily
Not Found
Headquarters
Headquarters
Johannesburg, 2193, South Africa
Gros-Isle, Saint Lucia
Regulations
Regulations
FSP , FSCA
None
Min Deposit
Min Deposit
None
$20
Max Leverage
Max Leverage
1000:1
1:300
Tradable Assets
Tradable Assets
FOREX ,COMMODITIES,INDICES ,SHARE CFDs,ETFs,BONDS,TRADING HOURS,SPREADS AND COMMISSIONS
FX, Indices, Commodities, Metals, Cryptos
Fees
Fees
Spread from 0.0 pips, commissions $3/per lot
Spread from 0.7 pips
Platforms and Tools
Platforms and Tools
PRO TRADER ,APP TRADER ,Mt4,Mt 5,METATRADER APP,MT4,WEBTRADER,COPYTRADER APP
MT4
US Traders
US Traders
Not Allowed
Allowed

Moneta Markets Vs LQDFX:: Our Scores and Ratings

We rated both brokers, Moneta Markets 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.

Moneta Markets :

8.5
Total Score
Regulation and Security (40%)8
Fees and Commissions (20%)9
Trading (15%)9
Trading tools (10%)8.4
Customer Support (10%)8.8
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.

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