Futu vs LQDFX

Futu vs LQDFX Comparison Table 2024
Futu	LQDFX
Review 2.7	Review 4.5

Futu is a NASDAQ-listed brokerage established in 2012. The fintech firm offers multi-asset trading opportunities on two proprietary platforms; Futubull and moomoo. Futu holds licenses with 20+ authorities including the ASIC, NFA and SFC. An impressive 15 million customers trade with Futu.	LQDFX is a straight-through processing (STP) broker based in the Marshall Islands. The offshore trading firm offers competitive spreads from 0.0 pips, free deposits, 24/5 support and access to the hugely popular MetaTrader 4 platform. LQDFX also runs a competitive bonus program for short-term traders.
Customer Reviews
	3 Based on 1 LQDFX customer reviews
Bonus Offer
	100% deposit bonus up to $20,000
Comment by Reviewer
"Futu is best for investing in Hong Kong, Chinese and US stock markets with transparent pricing. The broker is trustworthy with strong regulatory oversight and multiple awards."	"LQDFX is best for active day traders looking for ultra-tight spreads, low fees and high leverage up to 1:1000. Forex traders will particularly appreciate the strong range of 70+ currency pairs with minimum deposits starting from $20."
Pros
Reputable brokerage listed on the NASDAQ and registered with tier-one regulators Extensive list of investments including stocks, options, ETFs, warrants, bonds and IPOs Transparent pricing model with no commission fees to trade HK stocks & ETFs and free market data Easy-to-use proprietary trading platform with desktop software, browser compatibility and a mobile app Regulated worldwide with segregated client funds, ISO27001 security credentials and investor compensation schemes Investor backing from several corporations including Tencent Holdings NiuNiu community-based platform with NiuNiu Classroom education access Pre-IPO trading hours access	There are multiple STP account types with fast execution speeds, plus an Islamic swap-free option and PAMM accounts The broker offers the industry favorite MT4 platform and mobile app, with 30 technical indicators for chart analysis The $20 minimum initial deposit is accessible for beginners, and the Micro account will serve those looking to trade in smaller volumes Tight forex spreads from 0.0 are available in the raw spread account and the $3.50 per lot commissions are in line with competitors Leverage is available up to 1:1000 for experienced day traders
Cons
Limited number of payment methods with no e-wallets such as Skrill, Neteller or PayPal High minimum deposit requirement of HKD 10,000 or USD 1,500 No live chat support available Forex trading not available No MT4 or MT5 access	There are no additional charting platforms available, such as MT5 or a proprietary solution The lack of regulatory oversight is a concern, although the broker does claim to use segregated accounts and balance protection It's a shame that there's no copy trading platform for beginners or experienced strategy providers Market research tools and educational resources are very limited compared to top brands like IG
Awards
HKEX - Business Innovation Information Vendors 2017 HKEX - Rising Information Vendor of the Year 2016 KPMG - China Leading Fintech 50 (2017/2016) Bloomberg - Best Online Broker 2017 CB Insights - CB Insights’ Fintech 250 (2018/2017)	Best ECN Broker 2017 Most Reliable Broker 2017
Instruments
Stocks, ETFs, IPOs, CBBCs, iBonds, Options, Warrants	Forex, CFDs, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$1500	$20
Trading Platforms
Own	MT4
Payment Methods
Cheque Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard PayRedeem Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
SFC
Margin Trading
Yes	Yes
Margin Rate
4.8% - 8.8%
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	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
Android App Rating
	4.4
iOS App Rating
	4.8
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
	USD EUR
Stock Exchanges
	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq
Commodities
	Gold Natural Gas Oil Silver
CFD Trading
CFD trading not offered	LQDFX offers a modest collection of CFDs covering currencies, metals, stocks, indices, commodities and cryptos. The 50+ technical indicators and drawing tools pre-included in MT4 will facilitate both short-term and long-term strategies.
Leverage
	1:1000
FTSE Spread
	0.90
GBPUSD Spread
	0.1
Oil Spread
	0.05
Stocks Spread
	0.05 (Apple Inc)
Forex Trading
Forex trading not offered	LQDFX offers an extensive list of 70+ currency pairs, more than most alternatives. Spreads are low, coming in at 0.2 pips for EUR/GBP during peak market hours and the low/no commission models will suit beginners and high-volume forex traders.
GBPUSD Spread
	0.1
EURUSD Spread
	0.1
EURGBP Spread
	0.5
Assets
	71
Cryptocurrency
Crypto trading not offered	You can trade 16 well-known cryptos including Bitcoin, the majority paired with USD or EUR. Spreads are low, starting from 1.02 pips. You can also deposit instantly via crypto with minimum deposits from $20 and no fees.
Spread
	1.02 - 28.0 pips
Coins
	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

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