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ICE FX vs LQDFX

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

ICE Markets vs LQDFX Comparison Table 2024
ICE Markets	LQDFX

2	4.5
ICE Markets is ranked #97 among CFD brokers.	LQDFX is ranked #17 among CFD brokers.
Review	Review
ICE FX is a global STP broker with access to MetaTrader 4 and CFD trading in four major asset classes: forex, crypto, precious metals and energies. The offshore brokerage offers competitive trading fees, 24/5 customer support and a loyalty scheme for active investors.	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
Tier-based loyalty scheme with access to a free VPS and interest rate payments on uninvested balances Access to the MT4 desktop, web and mobile platform with powerful analysis and customizable charting Low fees with tight spreads from 0 pips, commissions between 0.0025% and 0.25% Reliable customer support available 24/5 via phone, live chat, Skype and email Hybrid PAMM/MAM account with low commission fees from 0.004% Range of payment methods including cryptocurrency Fast STP execution speeds of less than 1 ms	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
Offshore regulation from the Labuan Financial Services Authority (Labuan FSA) raises safety concerns Very slim product portfolio with only 75 instruments and no stocks No education for beginners	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 List of FCA Regulated Brokers
Instruments
CFDs, Forex, Cryptos	Forex, CFDs, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$30	$20
Payment Methods
Credit Cards Debit Card Mastercard Neteller Skrill Visa Wire Transfer	Credit Cards Debit Card Mastercard PayRedeem Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
Labuan FSA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
	4.8
Android App Rating
	4.4
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	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
No	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
No	Yes
Auto Trading
	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 Natural Gas
CFD
75 CFDs are available on foreign exchange, UK and US oil, precious metals and cryptocurrencies. You can trade CFDs with STP execution and a low minimum order size of 0.01 lots.	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
1:300	1:1000
FTSE Spread
N/A	0.90
GBPUSD Spread<
1.0	0.1
Oil Spread
0.5	0.05
Stocks Spread
N/A	0.05 (Apple Inc)
Forex
Trade 36 major, minor and exotic currency pairs with ICE FX. Leverage up to 1:300 is available and spreads start from 0.0 pips on popular currency pairs.	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
36	71
GBPUSD Spread
1.0	0.1
EURUSD Spread
0.8	0.1
EURGBP Spread
1.3	0.5
Cryptocurrency
Trade five crypto CFD contracts 24/7 including the BTC/USD and ETH/USD. Leverage up to 1:10 is available alongside floating spreads. On the downside, the range of digital currencies trails the top crypto brokers.	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
Floating	1.02 - 28.0 pips
Coins
BCH BTC ETH LTC XRP	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

ICE Markets	LQDFX
Review	Review
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