IronFX vs LQDFX
IronFX Review 2023 | LQDFX Review 2023 |
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3.8
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4.5
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IronFX is a multi-regulated broker offering CFD trading on forex, stocks, indices and commodities through the MetaTrader 4 platform. The broker offers various account types with competitive pricing, including spreads from zero on STP/ECN accounts. Leverage varies by regulator between 1:30 and 1:1000. |
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 | |
Traders can choose between: 100% unlimited Sharing Bonus – minimum $200 deposit. 40% Power Bonus up to $4,000 – minimum $500 deposit. 20% Iron Bonus up to $2,000 – minimum $100 deposit. | 100% deposit bonus up to $20,000 |
Comment by Reviewer | |
"IronFX is a good choice for beginner and intermediate forex traders looking to trade an extensive list of currencies with competitive spreads." | "LQDFX is best for active forex traders looking for ultra-tight spreads and high leverage up to 1:500." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) | CFDs, Forex, Indices, Commodities, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $20 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CySEC, FCA, FSCA, BMA / Bermuda | None |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
No | Yes |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | Yes |
LAMM Account | |
Yes | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Android, iOS, WebTrader | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
TradeCopier allows aspiring investors to copy the strategies of top traders in real-time. Funds can be withdrawn at any time with real-time account management features. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
3% | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
IronFX's asset list of 300+ instruments including forex, stocks, commodities and indices are traded via CFDs. Spreads are floating and vary by account type, and maximum leverage from 1:30 to 1:1000 is available depending on your account location. | 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 | |
1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) | 1:100 - 1:500 |
FTSE Spread | |
From 140 | 11.9 - 12.0 pips (depending on account) |
GBPUSD Spread | |
From 0.8 | 0.1 - 1.8 pips (depending on account) |
Oil Spread | |
From 3 | 0.12 - 0.19 pips (depending on account) |
Stocks Spread | |
Variable | Variable |
Forex Trading | |
IronFX offers 80 currency pairs with an excellent selection of minors and exotics as well as majors. Trading takes place on the MT4 or a proprietary platform with spreads from zero available to ECN accounts. IronFX offers more currency assets than virtually all competitors. | 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 | |
From 0.8 | 0.1 - 1.8 pips (depending on account) |
EURUSD Spread | |
From 0.7 | 0.1 - 1.2 pips (depending on account) |
EURGBP Spread | |
From 0.9 | 0.5 - 1.7 pips (depending on account) |
Assets | |
80+ | 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 | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
IronFX vs |
LQDFX vs |