Updated October 23, 2026

LQDFX review covers a forex broker built entirely around MetaTrader 4, with STP execution and a 20 dollar entry point. This page sets out the accounts, the instrument range and the regulatory position. Updated September 2026.

LQDFX review 2026

LQDFX at a glance

• Execution: STP, orders passed straight through to liquidity providers

• Forex pairs: close to 90

• Other instruments: six commodities, 12 indices, plus stocks and cryptocurrency as CFDs

• Crypto CFD contract size: 1 lot

• Minimum deposit: 20 dollars on the micro account

• Account types: Micro, Gold, ECN, VIP and Institutional

• Platform: MetaTrader 4 only, no proprietary platform

• Support: round the clock

• Regulation: not regulated by top-tier authorities

• Awards: Most Reliable Broker 2017 from The Forex Awards, Best ECN Broker 2017

Is LQDFX worth using in 2026

The clearest use case is a trader who already knows MetaTrader 4 and wants a low-cost forex account with STP execution. Close to 90 currency pairs is a solid range, the micro account opens at 20 dollars, and support runs around the clock.

The decisive point sits in the cons: LQDFX is not regulated by top-tier authorities. That changes what a deposit means. Without FCA, CySEC or ASIC supervision there is no compensation scheme, no mandated fund segregation you can verify and limited recourse if a dispute arises. The 2017 awards are marketing recognitions, not regulatory status, and they do not substitute for a licence.

Pros and cons

Pros

• Close to 90 forex pairs

• A variety of account types for different sizes of trader

• MetaTrader 4 integrated, including Expert Advisors

• Round-the-clock customer support

• Extensive educational resources

Cons

• Not regulated by the top authorities

• Limited asset classes compared with multi-market brokers

• No proprietary trading platform

What STP execution means

Straight-through processing passes your order directly to liquidity providers rather than filling it on an internal dealing desk. In practice that means faster execution and no structural conflict where the broker profits from your loss. It is a genuine technical advantage, though it does not compensate for the absence of regulatory oversight.

The Signup Flow

The Signup Flow

The Signup Flow

Background and History

Background and History

Pros and Cons:

Accounts

Five accounts: Micro, Gold, ECN, VIP and Institutional. The Micro account's 20 dollar minimum is one of the lowest in the market and makes the platform accessible for testing with a genuinely small amount. The tiers scale up through to institutional terms, with spread and commission structures differing at each level. Choose based on your monthly volume rather than the headline spread.

Instruments

Nearly 90 forex pairs form the core. Beyond that, six commodities and 12 indices, plus stocks and cryptocurrency listed as CFDs with contract sizes published. Crypto CFDs use a contract size of 1. Everything outside forex trades as a CFD, so you never own the underlying asset. The instrument list changes over time, so check the current selection on the broker's site.

Platform and sign-up

MetaTrader 4 is the only platform, on desktop and mobile. There is no proprietary alternative, which is a limitation if you dislike MT4 and an advantage if you already run strategies on it. Sign-up starts from the home page with a choice between live and demo accounts, then basic details, then account selection. Use the demo first, since it costs nothing to confirm the conditions match what is advertised.

Who LQDFX suits

• Experienced MetaTrader 4 users who want STP execution at low cost

• Traders testing with small amounts, thanks to the 20 dollar micro account

• Anyone whose priority is forex rather than multi-asset access

• Not suitable if regulatory protection matters to you, which for most traders it should

LQDFX offers accessible terms and solid execution for MetaTrader 4 users, with the lack of top-tier regulation as the decisive trade-off. Size any deposit as money you can afford to lose entirely, and compare it with regulated options in our broker hub. Forex4you review covers a broker with a similar low entry and independent auditing.

LQDFX review: frequently asked questions

Is LQDFX regulated?

Not by top-tier authorities. That means no compensation scheme and limited recourse in a dispute, which should weigh heavily in your decision.

An Extensive Selection of Assets

An Extensive Selection of Assets

An Extensive Selection of Assets

An Extensive Selection of Assets

What is the minimum deposit?

20 dollars on the Micro account, one of the lowest entry points available.

A Decent Selection of Trading Accounts

How many account types are there?

Five: Micro, Gold, ECN, VIP and Institutional, with spread and commission structures differing at each level.

What platform does LQDFX use?

MetaTrader 4 only. There is no proprietary platform, on desktop or mobile.

High Bonuses

What can I trade?

Close to 90 forex pairs, six commodities, 12 indices, plus stocks and cryptocurrency as CFDs. Everything outside forex is a CFD.

Educational Resources

Educational Resources

What does STP execution mean?

Your order passes straight through to liquidity providers rather than an internal dealing desk, giving faster fills and removing the broker's conflict of interest.

Security Measures and the State of Customer Support

Security Measures and the State of Customer Support

Security Measures and the State of Customer Support

Fee, Overheads, and Limits