LQDFX vs Coinexx

LQDFX vs Coinexx Comparison Table 2023
LQDFX Coinexx
4.5
2.5

Coinexx is #11 in our CFD broker rankings.

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

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.

Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.

Bonus Offer
100% deposit bonus up to $20,000 100% Deposit Welcome Bonus
Comment by Reviewer
"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." "Traders seeking highly leveraged CFDs with a broker that uses crypto as a base account currency will find a good match in Coinexx. The ECN model also offer tight spreads from 0 pips. On the downside, traders should note the weak regulatory oversight."
Pros
  • 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 charting platform and mobile app
  • The minimum initial deposit is accessible for beginners, from $20
  • Tight spreads are available in the raw spread account, from 0.0 pips on popular currency pairs
  • Leverage is available up to 1:1000 for experienced day traders
  • ECN execution model with tight spreads from 0 pips
  • Demo account available to prospective traders
  • Full range of investments including cryptos
  • MetaTrader 4 and MetaTrader 5 integration
  • 100% deposit bonus for new clients
  • Very high leverage up to 1:500
  • Free VPS for active traders
Cons
  • There are no additional 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
  • No fiat account funding options - crypto only
  • Limited educational materials for new traders
  • No copy trading service for aspiring investors
  • No regulatory oversight reduces safety
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
Instruments
Forex, CFDs, Stocks, Indices, Commodities, Crypto Forex, Commodities, Indices, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$20 0.001 BTC
Trading Platforms
  • MT4
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
None
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
No Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
MetaTrader
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • USD
Stock Exchanges
Commodities
CFD Trading
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. Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on day trading strategies.
Leverage
1:1000 1:500
FTSE Spread
0.90 From 0.0 pips
GBPUSD Spread
0.1 From 0.0 pips
Oil Spread
0.05 From 0.0 pips
Stocks Spread
0.08 NA
Forex Trading
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. Trade 70 major, minor and exotic forex pairs with ultra-low ECN spreads and fast execution via the MT4 or MT5 platforms. There are also zero SL/TP limits and automated forex trading is well catered for.
GBPUSD Spread
0.1 From 0.0 pips
EURUSD Spread
0.1 From 0.0 pips
EURGBP Spread
0.5 From 0.0 pips
Assets
71 60+
Cryptocurrency
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. Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.
Spread
1.02 - 28.0 pips From 0.0 pips
Coins
  • BTC
  • LTC
  • ETH
  • DSH
  • XRP
  • BCH
  • NEO
  • ZEC
  • XMR
  • ADA
  • BNB
  • SOL
  • LUNA
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
LQDFX
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