All Share (J203) = 89 898
Rand / Dollar = 18.23
Rand / Pound = 23.61
Rand / Euro = 19.68
Gold (usd/oz) = 3 055.99
Platinum (usd/oz) = 985.90
Brent (usd/barrel) = 73.98
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

LQDFX – Minimum Deposit

LQDFX - Minimum Deposit

 

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 NameLQDFX
📍 HeadquarteredMarshall Islands
📅 Year Founded2015
⚖️ Regulating AuthoritiesNot properly regulated by any authorities
🌐 Countries not accepted for tradeBelarus
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1: 500
💰 Minimum Deposit$20 / R 318,83
💳 Deposit Options
Bitcoin Payments, FasaPay, Mastercard, Neteller, Skrill, Visa, Wire Transfer
💳 Withdrawal OptionsBitcoin Payments, FasaPay, Mastercard, Neteller, Skrill, Visa, Wire Transfersa
💻 Platform TypesMT4 and a MT5 designed for iOS and Android devices
📱 OS CompatibilityMac, Windows, Linux, Web, Mobile Android, iPhone, iPad
📈 Tradable assets offeredForex, CFDs, indices, commodities
👨‍💼 Languages supported on WebsiteEnglish, Arabic, French, Italian, Russian
👥 Customer Support LanguagesEnglish, Arabic, French, Italian, Russian
📆 Customer Service Hours24/5
🚀 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:

 

  1. ✔️LQDFX at a Glance
  2. ✔️LQDFX Minimum deposit – 9 key points quick overview:
  3. ✔️LQDFX Minimum Deposit
  4. LQDFX Deposit fees and deposit methods
  5. A step-by-step guide to LQDFX depositing the minimum amount
  6. LQDFX Customer Reviews
  7. LQDFX Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

LQDFX Minimum Deposit

 

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

 

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.

 

A step-by-step guide to LQDFX depositing the minimum amount STEP 1

 

🔴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.

 

A step-by-step guide to LQDFX depositing the minimum amount STEP 2

 

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.

LQDFX - Minimum Deposit

good broker

good broker, I suggest it for USA clients

LQDFX - Minimum Deposit

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 - Minimum Deposit

 

LQDFX Customer Care

 

LQDFX Pros and Cons

 

✔️ Pros❌ Cons
Negative balance protection providedOffshore brokers and not properly regulated
Only a $20 minimum deposit neededPayment cards have a $10 withdrawal fee
Several deposit methods can be usedWire 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

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 7, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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