IronFX vs LQDFX
| IronFX Review 2023 | LQDFX Review 2023 |
|---|---|
3.8
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4.5
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 Traders from US not accepted
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Traders from US not accepted
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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 | |
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IronFX vs |
LQDFX vs |