IIFL vs LQDFX

IIFL vs LQDFX Comparison Table 2023
IIFL LQDFX
Not Yet Rated

IIFL is #37 in our broker rankings.

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

IIFL is one of the top Indian brokers offering competitive Demat accounts with low fees.

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

Pros
  • MetaTrader 4
  • 1:500 leverage
  • Sign up deposit bonus
  • $20 minimum deposit
Cons
  • No copy trading
  • No MetaTrader 5
  • Unregulated trading broker
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
Bonus
Gift vouchers worth up to ₹5000 100% deposit bonus up to $20,000
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, commodities, cryptos
Demo Account
No Yes
Minimum Deposit
1000 Rs $20
Payment Methods
Minimum Trade
0.01 lots
Regulator
SEBI None
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No 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
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
Yes 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
IIFL Markets & IIFL Mutual Funds iOS & Android
Auto Trading
Yes (EAs)
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
  • INR
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade CFDs with tight spreads and high leverage.
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
IIFL offers forex trading on a range of pairs with the Indian Rupee (INR). Trade on FX pairs with 1:500 leverage.
GBPUSD Spread
Not offered 0.1 - 1.8 pips (depending on account)
EURUSD Spread
Not offered 0.1 - 1.2 pips (depending on account)
EURGBP Spread
Not offered 0.5 - 1.7 pips (depending on account)
Assets
20+ 71
Cryptocurrency
Crypto trading not offered Trade 16 well-known cryptos, the majority paired with USD or EUR.
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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