ForexChief vs LQDFX

ForexChief vs LQDFX Comparison Table 2023
ForexChief LQDFX
3.3

ForexChief is #5 in our CFD broker rankings.

4.4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.

Pros
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
  • Copy trading
  • MetaTrader 4
  • 1:500 leverage
  • Sign up deposit bonus
  • $20 minimum deposit
Cons
  • Weak regulatory oversight
  • No copy trading
  • No MetaTrader 5
  • Unregulated trading broker
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
Promotions

Download The ForexChief App For A $100 No Deposit Bonus

Bonus
$100 No Deposit Bonus 100% deposit bonus up to $20,000
Instruments
CFDs, Forex, Metals, Commodities, Stocks, Indices Forex, CFDs, indices, commodities, cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $20
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
VFSC None
Margin Trading
Yes Yes
Margin Rate
0.1%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs Yes (EAs)
Copy Trading
Yes No
Copy Trading Platform
Clients can follow copy trading signals on the MetaTrader platform. Alternatively, signal providers can generate extra income by selling their positions.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. Trade CFDs with tight spreads and high leverage.
Leverage
1:1000 1:100 - 1:500
FTSE Spread
70 11.9 - 12.0 pips (depending on account)
GBPUSD Spread<
0.9 0.1 - 1.8 pips (depending on account)
Oil Spread
12 0.12 - 0.19 pips (depending on account)
Stocks Spread
50 Variable
Forex Trading
ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on both MT4 and MT5. Trade on FX pairs with 1:500 leverage.
GBPUSD Spread
0.9 0.1 - 1.8 pips (depending on account)
EURUSD Spread
0.4 0.1 - 1.2 pips (depending on account)
EURGBP Spread
0.9 0.5 - 1.7 pips (depending on account)
Assets
40 71
Cryptocurrency
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar. Trade 16 well-known cryptos, the majority paired with USD or EUR.
Spread
Variable 1.02 - 28.0 pips
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • LTC
  • ETH
  • DSH
  • XRP
  • BCH
  • NEO
  • ZEC
  • XMR
  • ADA
  • BNB
  • SOL
  • LUNA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
ForexChief
vs
LQDFX
vs