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Futu vs LQDFX

Futu vs LQDFX Comparison Table 2023
Futu Review 2023 LQDFX Review 2023
Review
2.7
Review
4.5
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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 with welcome incentives.

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 forex traders looking for ultra-tight spreads and high leverage up to 1:500."
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
  • Multiple account types including Islamic
  • Welcome deposit bonus up to $20,000
  • STP broker with fast execution speeds
  • Strong educational resources for beginners
  • Industry favorite MT4 platform and app
  • Minimum deposit from just $20
  • Tight spreads from 0 pips
  • Leverage up to 1:500
  • Free demo profile
  • Market execution
  • PAMM account
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
  • No MetaTrader 5 integration
  • Weak regulatory oversight
  • No copy trading platform
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 CFDs, Forex, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1500 $20
Trading Platforms
  • Own
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SFC None
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
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
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered LQDFX offers a modest collection of CFDs covering currencies, metals, stocks, indices, commodities and cryptos. Traders can go long or short with real-time quotes and a choice of live accounts to suit different trading strategies.
Leverage
1:100 - 1:500
FTSE Spread
11.9 - 12.0 pips (depending on account)
GBPUSD Spread
0.1 - 1.8 pips (depending on account)
Oil Spread
0.12 - 0.19 pips (depending on account)
Stocks Spread
Variable
Forex Trading
Forex trading not offered LQDFX offers an extensive list of 70+ currency pairs, more than most alternatives. Spreads are ultra-low and high leverage is available on the market-leading MT4 platform.
GBPUSD Spread
0.1 - 1.8 pips (depending on account)
EURUSD Spread
0.1 - 1.2 pips (depending on account)
EURGBP Spread
0.5 - 1.7 pips (depending on account)
Assets
71
Cryptocurrency
Crypto trading not offered Trade 16 well-known cryptos including Bitcoin, the majority paired with USD or EUR. Spreads are low and there are no requotes and fast order execution speeds.
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
Review
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