LiteForex vs. LQDFX

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

Pros and Cons

LiteForex

83% of retail CFD accounts lose money

  • Pros
  • Receive 2.5% interest on surplus funds in your account.
  • Trade on Metatrader 4 on Metatrader 5.
  • All trading strategies are allowed (ECN account).
  • Free technical and fundamental analysis (Claws&Horns).
  • Social trading platform.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • No CFDs on stocks, cryptocurrency, commodities or ETFs.
  • Awards
  • Best Forex Broker Africa, 2011
  • Best Client Service, 2011
  • Best Retail Forex Provider, 2010
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

Trading platforms

Trading platformsLiteForex ▷LQDFX ▷
MetaTrader 4
MetaTrader 5
cTraderNA
CurrenexNA
Copy trading
Mirror trading
Other platformsNAxStation
Operating systemsLiteForex ▷LQDFX ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsLiteForex ▷LQDFX ▷
Bank transfer
Credit card
Debit card
AlipayNA
Bitcoin
Bitcoin Cash
Bitcoin GoldNA
bitwalletNA
CashUNA
China UnionPay
Ethereum
FasaPayNA
Litecoin
MoneroNA
MoneyGramNA
MTS.ruNA
NETELLER
OKPAYNA
PayeerNA
Perfect MoneyNA
QIWI WalletNA
RippleNA
Skrill
WebMoneyNA
Western UnionNA
Yandex.MoneyNA
Account base currenciesLiteForex ▷LQDFX ▷
CHF - Swiss FrancNA
EUR - Euro
GBP - British PoundNA
PLN - Polish ZłotyNA
RUB - Russian RoubleNA
USD - U.S. Dollar

Regulators

Company informationLiteForex ▷LQDFX ▷
Company nameLiteForex Investments LimitedLQD Limited
Head officeMarshall IslandsMarshall Islands
Incorporation date20052015
RegulatorsLiteForex ▷LQDFX ▷
CySECCySec No 093/08NA
Marshall IslandsNAMH96960

LiteForex

83% of retail CFD accounts lose money