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IMMFX vs LQDFX

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

IMMFX vs LQDFX Comparison Table 2024
IMMFX	LQDFX

2	4.5
IMMFX is ranked #97 among CFD brokers.	LQDFX is ranked #17 among CFD brokers.
Review	Review
IMMFX is an online CFD broker offering several asset classes including forex, stocks, and commodities. The broker offers STP accounts with no dealing desk intervention, leverage up to 1:500 and transparent pricing with spreads from 0 pips. The broker is regulated offshore in the Marshall Islands.	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
The 15+ commission-free deposit methods make it easy and cheap for global traders to deposit funds. I was able to access Western Union, Payeer, PayPal, crypto deposits and more Alongside the powerful MT5 desktop terminal and mobile app, I found that IMMFX offers daily technical analysis and signals on popular assets like WTI crude oil and EUR/USD I found a good selection of online educational content with integrated videos and courses for those looking to gain basic knowledge and advanced strategies I was fairly impressed by the broker's 24/7 customer support via email, phone and live chat, since many firms only offer 24/5 support I was pleased to find an MT4 demo account with real price conditions and a decent virtual sum of $100,000	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
It's unfortunate that IMMFX is regulated offshore with no guarantee of top-tier financial protection for clients I think the withdrawal fees are quite expensive for some payment methods including a 6% charge for credit/debit cards I find the broker's asset line-up is quite limited compared to top brands and not sufficient for experienced traders to build a diversified portfolio	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, Stocks, Cryptos, Commodities	Forex, CFDs, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$50	$20
Payment Methods
FasaPay MoneyGram Paysafecard Perfect Money STICPAY Western Union Wire Transfer	Credit Cards Debit Card Mastercard PayRedeem Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
GLOFSA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
	4.8
Android App Rating
	4.4
Margin Trading
Yes	Yes
Margin Rate
1% × Notional Value
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
No	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
Yes	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
Trade Signals
MT4
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
Yes	Yes
Account Currencies
USD	USD EUR
Commodities
Gold Silver Oil	Gold Silver Oil Natural Gas
CFD
I found a comparably small range of 200+ CFDs including forex, stocks, indices and crypto on the MT4 terminal. That said, I appreciated the low spreads from 0 pips, alongside 24/7 customer support.	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
Floating	0.90
GBPUSD Spread<
Floating	0.1
Oil Spread
Floating	0.05
Stocks Spread
Floating	0.05 (Apple Inc)
Forex
I like that IMMFX offers a decent list of 60+ forex pairs with raw spreads and low latency execution. I found that you can trade with leverage up to 1:500 on major pairs with a minimum volume of 0.01 lots.	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
60+	71
GBPUSD Spread
0.4	0.1
EURUSD Spread
0.1	0.1
EURGBP Spread
0.5	0.5
Cryptocurrency
I think IMMFX scores better when it comes to its crypto offering, with 30+ crypto/crypto and crypto/fiat pairs such as ETH/BTC, BTC/USD and DASH/USD. Cryptos can be traded 24/5 with a 20% margin on popular tokens.	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
BTC ETH LTC DASH XRP XMR EON ETO NEO ETP IOTA ZEC SAN EDO	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

IMMFX	LQDFX
Review	Review
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