LQDFX vs Coinexx

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

LQDFX vs Coinexx Comparison Table 2024
LQDFX Coinexx
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4.5
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2.5
LQDFX is ranked #17 among CFD brokers. Coinexx is ranked #83 among CFD brokers.
Review
Review
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. Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.
Pros
  • 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
  • ECN execution model with tight spreads from 0 pips
  • Demo account available to prospective traders
  • Full range of investments including cryptos
  • MetaTrader 4 and MetaTrader 5 integration
  • 100% deposit bonus for new clients
  • Very high leverage up to 1:500
  • Free VPS for active traders
Cons
  • 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
  • No fiat account funding options - crypto only
  • Limited educational materials for new traders
  • No copy trading service for aspiring investors
  • No regulatory oversight reduces safety
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, Stocks, Indices, Commodities, Crypto Forex, Commodities, Indices, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$20 0.001 BTC
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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4.8
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Android App Rating
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4.4
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
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 No
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
No Yes
PAMM Account
Yes 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 No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
MetaTrader
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • USD
Commodities
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
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. Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on trading strategies.
Leverage
1:1000 1:500
FTSE Spread
0.90 From 0.0 pips
GBPUSD Spread<
0.1 From 0.0 pips
Oil Spread
0.05 From 0.0 pips
Stocks Spread
0.05 (Apple Inc) NA
Forex
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. Trade 70 major, minor and exotic forex pairs with ultra-low ECN spreads and fast execution via the MT4 or MT5 platforms. There are also zero SL/TP limits and automated forex trading is well catered for.
Assets
71 60+
GBPUSD Spread
0.1 From 0.0 pips
EURUSD Spread
0.1 From 0.0 pips
EURGBP Spread
0.5 From 0.0 pips
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. Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.
Spread
1.02 - 28.0 pips From 0.0 pips
Coins
  • BTC
  • LTC
  • ETH
  • DSH
  • XRP
  • BCH
  • NEO
  • ZEC
  • XMR
  • ADA
  • BNB
  • SOL
  • LUNA
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
LQDFX Coinexx
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