LQDFX vs IC Markets

LQDFX vs IC Markets Comparison Table 2023
LQDFX IC Markets
4.5
4.8
United States Flag Traders from US not accepted
United States Flag Traders from US not 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 with welcome incentives.

IC Markets is a respected multi-asset broker offering premium trading technology, highly competitive pricing and 24/7 customer support. The broker provides various social trading features for beginners whilst experienced day traders can enjoy advanced charting and analysis tools. Over 180,000 clients from more than 200 countries have signed up with the heavily regulated and trustworthy brand.

Bonus Offer
100% deposit bonus up to $20,000
Comment by Reviewer
"LQDFX is best for active forex traders looking for ultra-tight spreads and high leverage up to 1:500." "IC Markets offers a top-class environment for traders of all experience levels and strategies. Industry-leading platforms, superior pricing and flexible accounts will meet the needs of both beginners and active day traders."
Pros
  • 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
  • Low fees for active traders with spreads from 0.0 pips and zero commissions
  • Premium educational resources and trading tools including podcasts, forex calculators and tick charts
  • Beginner-friendly social trading features including IC Social, Myfxbook, Zulutrade and Signal Start
  • 15+ payment methods in 10 base currencies including PayPal and Skrill
  • Responsive 24/7 customer support plus an extensive help centre
  • Reliable MT4 and cTrader platforms with excellent charting packages
  • Fast order execution speed of under 40ms
  • High leverage up to 1:500
Cons
  • No MetaTrader 5 integration
  • Weak regulatory oversight
  • No copy trading platform
  • No bonus deals for new traders
  • Traders from the US not accepted
  • Two-factor authentication not available for extra account security
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
  • Best MT4/MT5 Broker 2023 - DayTrading.com
  • Best Forex Broker 2022 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Trading App 2020 - DayTrading.com
Instruments
CFDs, Forex, Indices, Commodities, Crypto CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account
Yes Yes
Minimum Deposit
$20 $200
Trading Platforms
  • MT4
  • MT4
  • MT5
  • cTrader
  • DupliTrade
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
None ASIC, CySEC, FSA
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes Yes
MAM Account
No Yes
PAMM Account
Yes Yes
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
No Yes
Copy Trading Platform
The IC Social app is easy-to-use and allows traders to learn, share and mirror positions in a few clicks. The app also hosts risk management tools and facilitates direct messaging and dedicated trading groups. Alternatively, IC Markets provides access to Signal Start, plus popular third-party copy trading tools - ZuluTrade and Myfxbook.
Social Trading
No No
Trade Signals
Signal Start
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 Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
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 CFDs 24/5 on popular markets including forex, commodities, indices, stocks and bonds. IC Markets offers deep liquidity, raw spreads and high leverage.
Leverage
1:100 - 1:500 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
11.9 - 12.0 pips (depending on account) 1
GBPUSD Spread
0.1 - 1.8 pips (depending on account) 0.5
Oil Spread
0.12 - 0.19 pips (depending on account) 0.03
Stocks Spread
Variable 0.02
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 currencies with 0.0 pip spreads at one of the world's leading forex brokers. IC Markets is a great choice for serious traders with superior execution and low fees.
Forex App

IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.

GBPUSD Spread
0.1 - 1.8 pips (depending on account) 0.5
EURUSD Spread
0.1 - 1.2 pips (depending on account) 0.1
EURGBP Spread
0.5 - 1.7 pips (depending on account) 0.5
Assets
71 55+
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. IC Markets offer a diverse range of cryptos, with super small spreads. They also offer many cryptocurrencies not available elsewhere, without the need of a virtual wallet.
Spread
1.02 - 28.0 pips BTC 0.4%, ETH 1%
Coins
  • BTC
  • LTC
  • ETH
  • DSH
  • XRP
  • BCH
  • NEO
  • ZEC
  • XMR
  • ADA
  • BNB
  • SOL
  • LUNA
  • BTC
  • BCH
  • ETH
  • LTC
  • DASH
  • XRP
  • EOS
  • EMC
  • NMC
  • PPC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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