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See what reviewers are saying

Rated 5 out of 5 stars

I have been using lqdfx trading platform from 3 years. Its a perfect place to scalp in a proper way because of its lowest trading spreads. Withdrawal always complete within couple of hours. I never f... See more

Rated 2 out of 5 stars

Sooo, disappointing. Their trading set-up is quite OK. Their support good, most of the times. But, when something goes wrong, they quietly disappear. I have a logon problem as it is, they can't appare... See more

Rated 5 out of 5 stars

There’s a lot of dummys leaving 1 star reviews about losing money with a broker.. meanwhile they are the ones losing their trades and then go on to blame the broker. I’ve been using Lqdfx for 5... See more

Rated 1 out of 5 stars

They just stole $ 200,000 from me for no other reason, full of excuses for investigations but everything was legal in the account, an employee whose account worked the same thing for over half a yea... See more

Company details

  1. Financial Institution

Written by the company

LQDFX set out its goal of being the most loyal, quality and devoted broker through its business model of following the STP execution avenue. Our extensive experience, combined with our multilingual support, makes LQDFX the broker of choice for traders of all levels, anywhere. We have the expertise and the resources to help everybody realise their investment goals. Furthermore, LQDFX highly values the business you introduce, and we generously reward this as an ongoing commission for each and every trade that a referred client makes. LQDFX offers a variety of programs from which our partners can benefit, all of which can be obtained depending on the partners' experience, portfolio size and know-how in the Forex market. We offer 24/5 multilingual customer support. Whether you would like to contact a representative via live chat, telephone or email, our customer support is available around the clock during business days.


Contact info

You should know

2.4

Poor

TrustScore 2.5 out of 5

41 reviews

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1-star

Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

This broker is EVIL

This broker is EVIL.

There are some sketchy brokers out there in the off-shore space, but this one is the worst I've experienced. Deposits, withdrawals etc. are no better than the other. The real damning aspect is this broker trades against you in such an aggressive way this one is the hardest to beat.

ALL brokers move the market against you as best they can, but LQDfx does not hold back and isn't afraid to show it to the trained eye. Most people don't know what they're seeing, but I can assure you 100% this broker is pushing and pulling price against you the moment you click buy or sell. They are THE most aggressive I've come across.

DO NOT go near this broker, let their business fail as it already is. I can see this as they've gotten even more aggressive due to the lack of customers. All of them have been blown away. If you look at any reviews they always say the same thing, those that go into detail will tell you they stopped all together with some casual excuse. Truth is this broker's business model is to bust every account as they do not have the number of clients that prevent them from swaying the market too much to one side causing them to put too many in a profit. It's all done mathematically, but LQDfx doesn't adhere to that model as again their client base is non-existent.

These brokers are not as big as you think. They can be a group of guys or even a single person or seedy hedgfund.

Give enough capital you or I can start an off-shore bucket shop just like LQDfx, all you need is an Mt4 license, a domicile in an bucket-shop friendly country, cash injection and an introduction to a liquidity provider shady enough to do business with an unregulated broker with their "legal address" in some hole in the wall country like the Cayman or Marshall Islands like in LQD's case.

Don't go near these guys, they are bad news.

LQDfx, if you're seeing this your days of market manipulation are coming to an end.

25 June 2023
Unprompted review
Rated 1 out of 5 stars

Stay away from this broker

Friends, you need to stay away from LQDFX brokerage. They have the worst customer support I have experienced from any broker. Here is my story: I submitted a request to detach my account from Scalping King about 10 days ago. It took them 5 days to inform me the trader had to approve. On Sunday the trader approved. Yesterday, instead of fulfilling my request, they sent me a message asking if I indeed wanted to detach. What a stupid question, since that was my repeated request. I confirmed for a third time. They finally detached this morning, but what I see as available equity is only 61% of the equity from yesterday. 39% has vaporized. I doubt that this is all due to new DD. I think it is safe to stay away from this broker.

4 April 2023
Unprompted review
Rated 5 out of 5 stars

Using them for 5 years NO issues.

There’s a lot of dummys leaving 1 star reviews about losing money with a broker.. meanwhile they are the ones losing their trades and then go on to blame the broker.

I’ve been using Lqdfx for 5 years, multiple accounts big and small, and have never once had an issue with my trades, spreads - even during high volatility, or withdrawals.

There are a lot of brokers with better ratings, it’s clear Lqdfx hasn’t paid anyone to leave reviews or they’d be 9/10 like other brokers, but I do like them and hanko trade, only 2 brokers I trust.

11 November 2022
Unprompted review
Rated 5 out of 5 stars

3 Years+ and counting...

I have used LQDFX for 3years+ now and they're my favorite broker.

Customer service is excellent and their agent Jenna Pattison most especially has been very helpful answering my questions over the phone. Not to mention she replies emails promptly and continues to ensure myself and people I refer to LQDFX receive excellent service.

Never had a withdrawal issue and never heard anyone I know who uses the broker ever complain about withdrawal issues.

Will continue to be a happy customer :) Thanks LQDFX

1 December 2022
Unprompted review
Rated 5 out of 5 stars

This is the best broker I have ever…

This is the best broker I have ever used, huge shout out to their chat support staff, and to my account manager, Guy Anderson, they have been amazing with everything and their security is top notch, I can totally recommend this broker to anyone trading forex, their spreads are great and commissions are decent too!

5 August 2022
Unprompted review
Rated 1 out of 5 stars

Kept my money and won't return it.

I have been trying to pull my money out of my account for almost three months and they keep telling me it is "processing". There can be no trust in a company that holds onto your money and keeps telling you it is coming soon, only to be waiting three months and still nothing.

Yet, the company is trying to get me to use more of their services and put my money back into their hands more often instead of releasing my funds.

Had LQDFX released my money to me, I would have considered doing business with them in the future, however, it's hard to justify doing business with a company that won't return your money to you.

I will publish a follow-up review, if/when, I get my funds returned so others can see a timeline to set expectations. Sadly, I am guessing I will have to seek legal actions to do so.

3 May 2022
Unprompted review
Rated 1 out of 5 stars

They just stole $ 200,000 from me for…

They just stole $ 200,000 from me for no other reason, full of excuses for investigations but everything was legal in the account, an employee whose account worked the same thing for over half a year. pure shame! Run away from them! . Save your money

If someone can help me pls .

5 February 2022
Unprompted review
Rated 5 out of 5 stars

Am reading a lot of negative reviews, but my experience was great

I am reading a lot of negative reviews about LQDFX on Trustpilot. However, my experience has been great. I had some contact with customer support for questions and information. Every single question is answered with much attention and they don't stop explaining untill the problem or question has been solved.
I have deposited as well as withdrawn money from the broker and both succeeded within the expected term.

16 November 2021
Unprompted review
Rated 1 out of 5 stars

No problems until this month where they…

No problems until this month where they can’t locate my money lol. They keep telling me to wait. It’s almost comical at this point. They keep saying slight delays but I’ve waited for a week and still nothing. Keep telling me to wait around for my money. Kinda crazy for a forex broker. Stay away.

8 November 2021
Unprompted review
Rated 1 out of 5 stars

Used them for years never had a problem…

Used them for years never had a problem until this month..their btc deposit/withdrawal has been down for maintenance for weeks. Was a hassle to get my money something is not right and I will put my money elsewhere from now on

24 October 2021
Unprompted review
Rated 1 out of 5 stars

Complete trash

Complete trash! They used to be one of the good guys but now it’s laughable the scams they trynna get away with. It’s a hassle to get your money out. They switch their rules without notice whenever they feel like. Save yourself the headache!

14 October 2021
Unprompted review
Rated 5 out of 5 stars

My experience with LQDFX after 3+ years

I rarely leave reviews for anything let alone a 5-Star review, but I feel it's warranted based on my positive experience with LQDFX.

I've been a client for over 3 years. I've also referred over 150 of my clients to them.

In an industry that's full of crooks and scammers (just look at some of the bogus 1 Star reviews here), solid ECN brokers like LQDFX are rare.

They're one of the few brokers that still accept U.S. clients, they offer friendly phone and live chat support, deposits are fast (usually in 30 minutes or less), and most importantly, withdrawals are paid promptly within 48 business hours or less.

On top of that, they offer some of the lowest spreads/fees in retail forex.

After being burned by other brokers in the past I've become very picky about who I trust to hold my funds with.

LQDFX has not only earned my trust, but the trust of all my clients as well.

If you're serious about finding a solid forex broker, do what I did: put them to the test. I think you'll be glad you did.

30 July 2021
Unprompted review
Rated 1 out of 5 stars

I've started a demo account to see how…

I've started a demo account to see how it performs. Orders were closed out of the blue at a loss with no s/l limit.
I tried getting in touch with their live chat and they sent me on a wild goose chase.
So happy I didn't invest any actual money into this crap

28 December 2020
Unprompted review
Rated 1 out of 5 stars

Disgusting

Horrible experience I do not recommend to use this website.
zero customer service and help client.
I never will use this platform again.

8 June 2020
Unprompted review
Rated 1 out of 5 stars

They are simply criminals

They are simply criminals. Funds from the account regularly transfered away. No way to withdraw. Fake statistics and real robbery. Very dangerous people. First class criminals.

7 April 2020
Unprompted review
Rated 1 out of 5 stars

This is simply the most dishonest…

This is simply the most dishonest broker I have ever had in 30 years of trading. This broker cheated me on a trade, by filling my order 40 pips below current price. When the market opens gap up on a Monday morning in Australia, if the price is 1.7165 on EURAUD when the market opens, if you fill me after the market opens at a price of 1.7125 (WHEN CURRENT PRICE is 1.7165) you cheated me!

its no different than if I had a stop loss set at 1.7125 into fridays close, if the market opens on monday at 1.7165! then my stop loss will trigger and CLOSE my trade 40 pips higher! the broker cannot honestly close your stop loss at 1.7125 as set Friday, because after the opening gap, the price is 1.7165 so that is the best they can do (at the current time) so your SL closes AND YOU LOSE 40 PIPS MORE THAN YOU PLANNED.

So after calling this broker out, it took them 3 days to analyze the trade even after I sent them several images showing the gap up, and how it is cheating to fill orders WAY LOWER, after a gap up. Instead of being honest they said they didn't cheat me! (lies) well they did, and I have all the images and the proof, and the live account numbers. I can edit the review and add them if these scammers want to come explain to us what they did, and then the whole world can not only see they are cheaters and liars, but also just ignorant for trying to claim I should learn how opening gaps work.

SO I sure welcome them to come and explain to us, how it isnt cheating to do what they did. I have all the records, and will file a CFTC complaint, as they are soliciting US persons for accounts and then cheating them. If they have LP's in the USA, it will be easy to put the squeeze on.

Cheating your clients is bad enough! But when they catch you the thing to do is, fess up, get honest, and fix your errors, not continue on lying about them. There is no way this broker can be as ignorant as they claim, not knowing how to process gap ups in an honest equitable fair way.

Avoid this broker at all costs, they admitted to me in email that they cheat everyone! not just me! I can also post all the emails if need be....where is the button to add images and attachments.

After this review I will be adding reviews for LDQFX all over the internet with images proving they are cheaters and liars!

13 March 2020
Unprompted review

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