FxPlayer vs LQDFX

FxPlayer or LQDFX – which is better for UK traders 2024? Compare FxPlayer and LQDFX in this detailed breakdown of their platforms, features and fees.

FxPlayer vs LQDFX Comparison Table 2024
FxPlayer LQDFX
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1.5
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4.5
FxPlayer is ranked #96 among CFD brokers. LQDFX is ranked #96 among CFD brokers.
Review
Review
Founded in 2014, FxPlayer is a forex and CFD broker registered offshore in the Marshall Islands. This brokerage offers a very small selection of forex, commodities and indices on a range of accounts starting from $50. As an NDD broker, clients are promised tight ECN pricing, tier 1 liquidity and fast execution.
LQDFX has closed or no longer accepts UK clients.
LQDFX have rebranded to PlexyTrade.
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 for short-term traders.
Pros
  • Several trading platforms to choose from, including MT4, Currenex and ActTrader
  • The broker provides a strong selection of deposit bonuses for new users
  • Clients can fund accounts using popular payment options, plus Bitcoin
  • A range of account types with micro-lot trading available
  • Competitive ECN spreads from 0.3 pips on major currency pairs
  • Copy trading available in the broker's proprietary terminal
  • Low minimum deposit of just $50
  • There are multiple STP account types with fast execution speeds, plus an Islamic swap-free option and PAMM accounts
  • The broker offers the industry favorite MT4 platform and mobile app, with 30 technical indicators for chart analysis
  • The $20 minimum initial deposit is accessible for beginners, and the Micro account will serve those looking to trade in smaller volumes
  • Tight forex spreads from 0.0 are available in the raw spread account and the $3.50 per lot commissions are in line with competitors
  • Leverage is available up to 1:1000 for experienced traders
Cons
  • Beginners do not have access to helpful training materials or platform tutorials
  • Very poor customer support with no email, telephone or live chat
  • Registered offshore with weak regulation and trust score
  • No shares or cryptos available
  • No mobile app
  • There are no additional charting platforms available, such as MT5 or a proprietary solution
  • The lack of regulatory oversight is a concern, although the broker does claim to use segregated accounts and balance protection
  • It's a shame that there's no copy trading platform for beginners or experienced strategy providers
  • Market research tools and educational resources are very limited compared to top brands like IG
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
CFDs, Forex, Stocks, Futures, Commodities Forex, CFDs, Stocks, Indices, Commodities, Crypto
Bonus
100% - 500% deposit bonus up to $5000+
Demo Account
Yes Yes
Minimum Deposit
$50 $20
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Mobile Apps
No iOS & Android
iOS App Rating
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4.8
Android App Rating
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4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
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 No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
Commodities
  • Gold
  • Silver
  • Oil
  • Copper
  • Precious Metals
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
Access CFDs across indices and commodities with leverage up to 1:200. We liked the good choice of platforms, however, the lack of additional trading features is disappointing. LQDFX offers a modest collection of CFDs covering currencies, metals, stocks, indices, commodities and cryptos. The 50+ technical indicators and drawing tools pre-included in MT4 will facilitate both short-term and long-term strategies.
Leverage
1:200 1:1000
FTSE Spread
Variable 0.90
GBPUSD Spread<
Variable 0.1
Oil Spread
Variable 0.05
Stocks Spread
NA 0.05 (Apple Inc)
Forex
FxPlayer offers an average suite of 38 forex pairs with competitive minimum spreads from 0.3 pips, in line with other brokers. The popular MT4 forex trading platform is also available. LQDFX offers an extensive list of 70+ currency pairs, more than most alternatives. Spreads are low, coming in at 0.2 pips for EUR/GBP during peak market hours and the low/no commission models will suit beginners and high-volume forex traders.
Assets
38 71
GBPUSD Spread
0.5 0.1
EURUSD Spread
0.4 0.1
EURGBP Spread
0.5 0.5
Cryptocurrency
You can trade 16 well-known cryptos including Bitcoin, the majority paired with USD or EUR. Spreads are low, starting from 1.02 pips. You can also deposit instantly via crypto with minimum deposits from $20 and no fees.
Spread
1.02 - 28.0 pips
Coins
  • BTC
  • LTC
  • ETH
  • DSH
  • XRP
  • BCH
  • NEO
  • ZEC
  • XMR
  • ADA
  • BNB
  • SOL
  • LUNA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FxPlayer LQDFX
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