LQDFX vs OspreyFX
LQDFX Review 2023 | OspreyFX Review 2023 |
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4.5
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3
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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. |
OspreyFX is an ECN broker headquartered in St. Vincent and the Grenadines. Established in 2019, the firm offers 120+ forex and CFD assets with high leverage up to 1:500, tight spreads from 0.1 pips and round-the-clock customer support. OspreyFX also stands out for its funded trading accounts where traders can keep up to 70% of profits. |
Bonus Offer | |
100% deposit bonus up to $20,000 | 20% Discount [DayTrading.com Exclusive] |
Comment by Reviewer | |
"LQDFX is best for active forex traders looking for ultra-tight spreads and high leverage up to 1:500." | "We recommend OspreyFX for day traders seeking a true ECN broker with high leverage, low spreads and ultra-fast execution speeds. The firm is also a good option for traders looking for funded accounts with a three-step process to secure funding and competitive profit splits." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Indices, Commodities, Crypto | Forex, Cryptos, Indices, Stocks, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$20 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
None | |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
Yes | No |
MAM Account | |
No | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
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 | 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 |
VPS Hosting | |
No | No |
Tournaments | |
No | Yes |
Demo Competitions | |
No | Yes |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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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. | OspreyFX offers leveraged CFDs on forex, commodities, stocks, cryptos and indices. Deep liquidity is available from 50+ providers with a competitive ECN account that will suit active day trading strategies, including scalping. |
Leverage | |
1:100 - 1:500 | 1:500 |
FTSE Spread | |
11.9 - 12.0 pips (depending on account) | 0.5 pts |
GBPUSD Spread | |
0.1 - 1.8 pips (depending on account) | 0.8 pips |
Oil Spread | |
0.12 - 0.19 pips (depending on account) | 0.09 pips |
Stocks Spread | |
Variable | 0.4 pips |
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. | OspreyFX offers more than 50 major, minor and exotic currency pairs. Spreads start from just 0.1 pips on the EUR/USD and the broker provides a suite of forex trading education for beginners, including partnering with Forex Squad. |
Forex App | |
The Forex Squad app is a free education tool with beginner-friendly training and content on a range of topics, including fundamental analysis, forex strategy and trading psychology. The app is free to download. |
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GBPUSD Spread | |
0.1 - 1.8 pips (depending on account) | 0.8 pips |
EURUSD Spread | |
0.1 - 1.2 pips (depending on account) | 0.5 pips |
EURGBP Spread | |
0.5 - 1.7 pips (depending on account) | 0.8 pips |
Assets | |
71 | 57 |
Currency Indices | |
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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. | OspreyFX offers a decent selection of crypto coins paired with USD, including Bitcoin. 1:10 leverage is available with starting deposits from just $10 and support for Expert Advisors (EAs). |
Spread | |
1.02 - 28.0 pips | Variable |
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 | |
LQDFX vs |
OspreyFX vs |