Fortrade vs. LQDFX

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

Fortrade

71% of retail CFD accounts lose money

  • Pros
  • Trade CFDs on all assets classes (except crypto).
  • Broad selection of CFDs on US and European stocks.
  • Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
  • Cons
  • Offers only MetaTrader 4 and its in-house trading platform.
  • No CFDs on crypto-currencies.
LQDFX

  • Pros
  • Leverage up to 1:500.
  • No fees on deposits.
  • Negative balance protection.
  • Funds held in segregated accounts in EU banks.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No CFDs on cryptocurrencies, stocks or ETFs.
  • LQDFX only supports MetaTrader 4.
  • LQDFX is not regulated.
  • Awards
  • Best ECN Broker, 2017 - The Forex Awards
  • Most Reliable Broker, 2017 - The Forex Awards

Markets

Asset classesFortrade ▷LQDFX ▷
Forex (CFD)
Cryptos (CFD)NA
Stocks (CFD)NA
Indices (CFD)
ETFs (CFD)NA
Metals (CFD)
Energy (CFD)NA
Commodities (CFD)
Bonds (CFD)NA
Asset classes (#)Fortrade ▷LQDFX ▷
Forex (CFD)5171
Stocks (CFD)205NA
Indices (CFD)1912
ETFs (CFD)3NA
Metals (CFD)122
Energy (CFD)5NA
Commodities (CFD)35
Bonds (CFD)3NA

Trading platforms

Trading platformsFortrade ▷LQDFX ▷
MetaTrader 4
MetaTrader 5
cTrader
Currenex
Copy trading
Mirror trading
Other platformsFortraderxStation
Operating systemsFortrade ▷LQDFX ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsFortrade ▷LQDFX ▷
Bank transfer
Credit card
Debit card
BitcoinNA
Bitcoin CashNA
China UnionPayNA
EthereumNA
FasaPayNA
LitecoinNA
NETELLER
RippleNA
Skrill
Account base currenciesFortrade ▷LQDFX ▷
EUR - Euro
USD - U.S. Dollar

Regulators

Company informationFortrade ▷LQDFX ▷
Company nameFortrade Ltd.LQD Limited
Head officeLondon, UKMarshall Islands
Incorporation date20132015
RegulatorsFortrade ▷LQDFX ▷
AustraliaAFSL No. 493520NA
BelarusNBRB FRN 19307581NA
CanadaCIPF protectionNA
CySECCIF No. 385/20NA
Marshall IslandsNAMH96960
UKFCA No. 609970NA

Fortrade

71% of retail CFD accounts lose money