Forex traders always look for trading with brokers that suit their trading needs and preferences.Moneta Markets and LQDFX are online forex brokers that offer their trading services to traders and investors.Moneta Markets is a highly regulated and trusted forex broker. It is regulated in one tier-2 jurisdiction. 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 byMoneta Markets 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.
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. To learn more, you may read our review about Moneta Markets.
Moneta Markets Overview
- Founded In: 2009
- Founder: David Bily
- Headquarters: South Africa
- 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 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.
- 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 Features
Moneta Markets
- Trading Instruments: 1000+ Trading instruments including forex, indices, commodities, share CFDs, Crypto CFDs, Bonds, and ETFs
- Maximum leverage: Maximum Leverage is as high as 1000:1
- Minimum Deposit: $50 for Direct and Prime Account, $20000 for Ultra Account
- Account Types: Three ( Direct, Prime, Ultra)
- Trading Fees: Spread starting from 1.2 pip for Direct Account or Commission $3 per lot per side for Prime Account, and $1 per lot per side for Ultra Account
- PAMM/ MAM: Available
- Zulutrade: 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:Â 4 (Standard, Pro, Var, Mini)
- Trading Fees: Commissions on Fx apply, $2.50 per 100,000
- PAMM/ MAM:Â Not Available
- Scalping: AllowedÂ
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Moneta Markets vs LQDFX: Pros and Cons
Moneta Markets Pros & Cons
- 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
- 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
- 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.
- 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 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 :
LQDFX
Final Verdict :
Both Moneta Markets and LQDFX offer similar trading services worldwide. However, there are differences in their regulations, reputation, and operation.Moneta Markets is a highly regulated and trusted forex broker. It is regulated by top-tier regulatory authorities, including FSCA On the other hand, LQDFX is an unregulated offshore forex broker.Moneta Markets provides Multiple trading platforms including MT5, AppTrader, ProTrader (by TradingView). On the Contrary, LQDFX uses MT4 as its trading platform
As Moneta Markets 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 forMoneta Markets , while US traders looking for offshore forex brokers may consider LQDFX. Trading with offshore forex brokers is risky and not recommended.
