LQDFX vs OspreyFX

LQDFX vs OspreyFX Comparison Table 2023
LQDFX Review 2023 OspreyFX Review 2023
4.5
3
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.

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
  • 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
  • Funded accounts up to $200k with 70/30 profit split
  • Full range of investments including cryptos
  • MetaTrader 4 and MetaTrader 5 integration
  • Range of base currencies including USD
  • Low latency with fast order executions
  • Tight spreads and low commissions
  • High leverage up to 1:500
  • 24/7 customer support
Cons
  • No MetaTrader 5 integration
  • Weak regulatory oversight
  • No copy trading platform
  • Weak regulation
  • Bank transfer deposit fee
  • US clients not accepted
  • Difficult to connect to customer service through chatbot
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
Instruments
CFDs, Forex, Indices, Commodities, Crypto Forex, Cryptos, Indices, Stocks, Commodities
Demo Account
Yes Yes
Minimum Deposit
$20 $10
Trading Platforms
  • MT4
  • MT4
  • MT5
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
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
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.

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
  • USD
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
  • BTC
  • LTC
  • ETH
  • DSH
  • XRP
  • BCH
  • NEO
  • ZEC
  • XMR
  • ADA
  • BNB
  • SOL
  • LUNA
  • BTC
  • DASH
  • EDO
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
  • DOGE
  • SHIB
  • ADA
  • SOL
  • DOT
  • AVA
  • XLM
  • TRON
  • ETC
  • BNB
  • BCH
  • BAT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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