LQDFX deposit amount required in order to open a broker account is $20 / R 318,83. LQDFX has a very affordable minimum deposit when compared to most other brokers in the industry.
LQDFX at a Glance
🔎 Broker's Name | LQDFX |
📍 Headquartered | Marshall Islands |
📅 Year Founded | 2015 |
⚖️ Regulating Authorities | Not properly regulated by any authorities |
🌐 Countries not accepted for trade | Belarus |
☪️ Islamic account (swap-free) | Yes |
👍 Demo Account | Yes |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1: 500 |
💰 Minimum Deposit | $20 / R 318,83 |
💳 Deposit Options | Bitcoin Payments, FasaPay, Mastercard, Neteller, Skrill, Visa, Wire Transfer |
💳 Withdrawal Options | Bitcoin Payments, FasaPay, Mastercard, Neteller, Skrill, Visa, Wire Transfersa |
💻 Platform Types | MT4 and a MT5 designed for iOS and Android devices |
📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad |
📈 Tradable assets offered | Forex, CFDs, indices, commodities |
👨💼 Languages supported on Website | English, Arabic, French, Italian, Russian |
👥 Customer Support Languages | English, Arabic, French, Italian, Russian |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 50 / ZAR 889
Regulators
No regulation
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
41
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
LQDFX Minimum deposit – 9 key points quick overview:
LQDFX at a Glance
LQDFX Minimum deposit – 9 key points quick overview:
LQDFX Minimum Deposit
- LQDFX Deposit fees and deposit methods
- A step-by-step guide to LQDFX depositing the minimum amount
- LQDFX Customer Reviews
- LQDFX Pros and Cons
- Conclusion
- Frequently Asked Questions
LQDFX Minimum Deposit
LQDFX has a minimum deposit requirement of only $20 to open a Micro Account or Islamic Account.
An ECN Account needs $500, a Gold Account also $500, and a VIP Account a minimum of $25 000.
This minimum deposit amount was equivalent to ZAR 280 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
LQDFX’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that traders could only use such funds to conduct their trading activities.
LQDFX Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that LQDFX requires when traders register a live account is reasonably low.
LQDFX offers traders several payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.
All the payment methods that can be used to fund LQDFX trading accounts are free to use:
Bank wire transfers
Visa and Mastercard payment cards
Skrill,
Neteller
FasaPay,
Load e-wallets are all available.
Wire transfers have a minimum deposit of $250 and cryptos have a minimum deposit of $30, except for Bitcoin, which has a minimum of $20, along with e-wallets and payment cards.
E-wallets and cryptocurrency deposits are processed immediately, but payment cards take up to 30 minutes, and wire transfers take 2 to 7 business days.
USD, EUR, and possibly more currencies are accepted as deposit currencies.
Traders must ensure that they verify whether their financial institution charges its own fees.
A step-by-step guide to LQDFX depositing the minimum amount
Deposits can be made with LQDFX using the following steps:
Traders can fund their accounts by sending the funds to one of the LQDFX segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and has been approved.
Step 1 – Log in
Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account.
Step 2 –Make the deposit
Traders must make sure that they select the correct deposit currency if there is a choice available. Click ‘Deposit on the top right of your window. Confirm the amount you wish to deposit. Provide your banking details and submit your deposit details to be processed by the Moneta Markets accounts department.
Min Deposit
USD 50 / ZAR 889
Regulators
No regulation
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
41
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
LQDFX Customer Reviews
This kind of bonus is only available to traders who register for or already have an account, demo account users are not eligible for the bonus.
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 until 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.
good broker
good broker, I suggest it for USA clients
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.
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.
LQDFX Pros and Cons
✔️ Pros | ❌ Cons |
Negative balance protection provided | Offshore brokers and not properly regulated |
Only a $20 minimum deposit needed | Payment cards have a $10 withdrawal fee |
Several deposit methods can be used | Wire transfers have a minimum deposit of $250 |
Tight spreads offered |
Conclusion
LQDFX deposit amount required in order to open a broker account is $20 / R 318,83. LQDFX has a very affordable minimum deposit when compared to most other brokers in the industry.
You might also like: LQDFX Review
You might also like: LQDFX Account Types
You might also like: LQDFX Demo Account
You might also like: LQDFX Fees and Spreads
You might also like: LQDFX Sign-up Bonus
Frequently Asked Questions
Are my deposits safe with LQDFX?
Any payments funded to LQDFX accounts by traders are held in a segregated bank account.
How do you make a deposit and withdraw money with LQDFX?
LQDFX offers the following deposit and withdrawal methods:
- Bitcoin Payments
- FasaPay
- Mastercard
- Neteller
- Skrill
- Visa
- Wire Transfer
- Load e-wallets
The same method that was used to fund an account must normally be used to withdraw money.
Does LQDFX charge withdrawal fees?
A fee of 10 USD/EUR is charged on withdrawals made through Visa and Mastercard. The minimum amount that can be withdrawn is $100 for wire transfers, $20 for payment cards, $10 for Bitcoin, $30 for other cryptos, and $0-10 for e-wallets.
How long does it take to make a withdrawal?
Withdrawal times are decent with e-wallet and cryptocurrency payments processed within one business day, cards in up to two days, and wire transfers between two and ten business days.
Will I receive a bonus if I refer a friend or family to LQDFX?
LQDFX does not offer traders the opportunity to earn benefits each time that a trader refers a friend or family member
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