The customer support is an integral part of any successful business. As a result, the lqdfx Forex broker should have invested more in this area. While it may lack in a few areas, the broker offers multilingual customer support, twenty-four-hour e-mail support, and a call-back feature. In short, it has the basics of a good customer service department.
Although it’s unregulated, the LQDFX broker offers several account types, including a Micro account with a minimum deposit of $20. There are also VIP and ECN accounts with the lowest spreads at 0.1 percent. Other account types include a normal account, a margin account, an Islamic account, and a prepaid account. There’s also a Demo account available for testing the waters.
The LQDFX broker was founded in the Marshall Islands in 2015 and has offices around the world. Although it lacks information on its regulation, it promotes a partnership program in which partners receive generous commissions for bringing clients. It recommends a platform called MetaTrader 4, and offers mobile versions for iPhone and Android devices.
A Lqdfx broker review will answer the question of whether the broker is legitimate and registered with the regulatory body. It will also tell whether the broker has a top-tier license or not. If the broker isn’t licensed, then it likely has some licensing issues and is a scam.
The Lqdfx broker website has a professional look and a clean layout. It has a black background, with white text and red accents. Its main navigation bar includes drop-down menus in the top and bottom. There are many useful tools available for beginners and experienced traders alike.
The main question when choosing a broker is whether the company is regulated. This gives consumers peace of mind and lessens the chance of scams. Although LQDfx has no financial institution licensing, it is a reputable broker that offers a range of legal documents on its website. However, the company’s unregulated status has caused some users to become uneasy. Unregulated trading companies have a reputation for taking advantage of traders who lack knowledge of the trading market.
Fortunately, LQDX offers its clients a wealth of support. The company has live chat, e-mail, and a webform for client queries. There’s also a phone number for requesting a callback. LQDFX’s website is easy to navigate, and the company’s product and service descriptions are clear and comprehensive.
The LQDFX broker offers a wide range of spreads and commissions. The Micro Account has a markup of 1.0 pips, while the Gold and Islamic Accounts have a markup of 0.7 pips. VIP and ECN Accounts offer improved conditions. Both have a 0.1 pips spread, but with additional costs of $2.50 per lot and $5 for round lots. LQDFX also offers Swap rates, which apply to leveraged overnight positions.