LQD Markets Forex Broker
Name of The Company | LQD Markets Limited |
---|---|
Established In | 2006 |
Online since | 2006 |
International Offices | Cyprus, Hungary |
Payment Methods | Credit cards, Debit cards, Moneybookers, PayPal, Wire Transfer |
Demo Account and Platforms | Meta Trader 4 |
Account currencies | Euro, Great Britain pound, Japanese yen, Swiss franc, United States dollar |
Different Currency Pairs | AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NZD EUR/TRY EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD NZD/CAD NZD/CHF NZD/JPY USD/CAD USD/CHF USD/DKK USD/JPY USD/MXN USD/NOK USD/SEK USD/SGD USD/TRY USD/ZAR |
Regulated or Registered By | BaFin, CySec, FSA (UK) |
Are US Traders Allowed? | No |
Languages in which website is available | English |
Languages in which support is available | Arabic, English, French, German, Greek, Hungarian, Romanian, Russian |
Different Support Methods | Call Back, Email, Live Chat, Phone |
Types of Account (micro standard executive islamic) | Mini, Standard, Premium, Islamic, Professional |
Minimum Deposit in Accounts | $2,000 |
Minimum position size | 0.01 lot |
Type of Spread | Fixed |
Minimum spread on EUR/USD, pips | 2.9 |
Is Scalping Allowed | Allowed |
Is Use of Expert Advisor Allowed | Allowed |
Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:500, Gold & Silver – 1:500, CFD – 1:500,Futures – 1:500, Indexes – 1:500 |
Real Trading platforms | Meta Trader 4 |
Digits after the dot in quotes | 5 |
Margin call level | 150% |
Stop-out level | 100% |
Total Number of Currency Pairs | 42 |
Is Free education Available | Yes |
Do they Provide Personal manager | Yes |
Is Trading by telephone Allowed | Yes |
Any MAM accounts | Yes |
Any Segregated accounts | Yes |
Do they have Managed accounts | Yes |
Affiliate program Available | Yes |
Islamic accounts available | Yes |
Is Hedging Allowed | Yes |
Facility of Overnight interest rates (swaps) | Yes |
Do they have Trailing stop | Yes |
Do they have Pending orders | Yes |
Mobile trading Allowed | Yes |
Automated trading Present | Yes |
LQD Markets Forex is a limited company which was founded in the year 2006 and with the view of reaching traders all over the world they also started their online trading service which is internet based in the very same year. The company is regulated by the regulating authorities BaFin, CySec in Cyprus and by FSA in UK and they have their offices in Cyprus and Hungary. They have many features which are of interest to the traders like free educational materials, personal manager to manage the account better, and the facility of placing the order on telephone, MAM accounts, segregated accounts, managed accounts and Islamic accounts. They allow their traders to use hedging while trading. They also have the facility of overnight interest rates swapping. They offer varied modes of making the payment and it even includes PayPal. This makes the process of depositing the fund as well as withdrawal an easy affair. Their website has lots of information about trading in general and the service that they provide, but is available only in English. However, the customer support service is multilingual and is available in 42 languages.
They offer different types of trading accounts which include demo, mini, standard, premium, Islamic and professional. The minimum deposit required to open an account with them is $2000 with minimum trade size of 0.01 lots. The demo account as well as the real trading accounts have Meta Trader 4 as the trading platform and are the most trusted and used platform in the forex market. They allow their traders to use scalping while trading. The use of Expert Advisor is also allowed to them. The trading instruments allowed by the company include CFD, Futures, Indexes, and Gold & Silver along with forex and the leverage on all of them is 1:500.
The most important task when you plan to start forex trading is to find the right broker. This is very important if you want your investment to be right and safe. The reviews for LQD Markets are very positive and most of the reviews speak about the convenience of using the Meta Trader 4 platform. They have many payment options which make it easy for the traders to deposit and withdraw the funds and is a feature liked by many traders. They allow 5 different currencies in the trader’s account and also they offer 42 currency pairs to trade in. They have different types of trading accounts to suit the needs of different traders. They also have many trading instruments other than forex and the leverage on the same is as high as 1:500. Many traders like the fact that they give them the facility of scalping and hedging. The use of EA is also allowed. A few con of trading with them is that the minimum deposit required to open an account with them is very high, $2000. The reviews in general are very good and the average rating conferred on them by their users is 5.8 out of 10.