While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 5 out of 5 stars

I have been using lqdfx trading platform from 3 years. Its a perfect place to scalp in a proper way because of its lowest trading spreads. Withdrawal always complete within couple of hours. I never f... See more

Rated 2 out of 5 stars

Sooo, disappointing. Their trading set-up is quite OK. Their support good, most of the times. But, when something goes wrong, they quietly disappear. I have a logon problem as it is, they can't appare... See more

Rated 5 out of 5 stars

There’s a lot of dummys leaving 1 star reviews about losing money with a broker.. meanwhile they are the ones losing their trades and then go on to blame the broker. I’ve been using Lqdfx for 5... See more

Rated 1 out of 5 stars

They just stole $ 200,000 from me for no other reason, full of excuses for investigations but everything was legal in the account, an employee whose account worked the same thing for over half a yea... See more

Company details

  1. Financial Institution

Written by the company

LQDFX set out its goal of being the most loyal, quality and devoted broker through its business model of following the STP execution avenue. Our extensive experience, combined with our multilingual support, makes LQDFX the broker of choice for traders of all levels, anywhere. We have the expertise and the resources to help everybody realise their investment goals. Furthermore, LQDFX highly values the business you introduce, and we generously reward this as an ongoing commission for each and every trade that a referred client makes. LQDFX offers a variety of programs from which our partners can benefit, all of which can be obtained depending on the partners' experience, portfolio size and know-how in the Forex market. We offer 24/5 multilingual customer support. Whether you would like to contact a representative via live chat, telephone or email, our customer support is available around the clock during business days.


Contact info

You should know

2.4

Poor

TrustScore 2.5 out of 5

41 reviews

5-star
4-star
3-star
2-star
1-star

Hasn’t replied to negative reviews

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Advertisement
Rated 2 out of 5 stars

Fair weather friends only?

Sooo, disappointing. Their trading set-up is quite OK. Their support good, most of the times. But, when something goes wrong, they quietly disappear. I have a logon problem as it is, they can't apparently solve it and now prefer to just not respond. Sooo, disappointing.

April 18, 2024
Unprompted review
Advertisement
Rated 1 out of 5 stars

Response to the liar

All it takes is one customer service representative to ruin everything. The way that little boy was talking to me. Must not know we don't play that in the USA. Getting rid of the arrogance, learn to listen and be more patient. Stop cutting people off when they talk. Can't even get one word out.

You're lying because if you heard that phone call and don't agree then your probably the manager bringing in people like you. I have call recorder too. I could post it on. YouTube and let the world be the judge! Now what!

Response: You are lying about listening to a phone call. My day was great but nice try. If you choose to defend customer support that over talks and down talks on clients. It's no wonder this business isn't doing well. The brokers I am with now. I have not had ONE problem yet. Period! And the support team is much more kind. Maybe in your country it's okay to talk like that. But not over here. So go ahead. Keep lying and diminishing your brands integrity.

February 16, 2024
Unprompted review
LQDFX logo

Reply from LQDFX

Dear Sam,

Thank you for taking the time to share your feedback with us, although we are genuinely disheartened to see your dissatisfaction reflected in a one-star review. We strive to uphold the highest standards of professionalism and customer service, and it's truly astonishing for us to read your remarks regarding the conduct of our employee during your phone call.

First of all, we've thoroughly reviewed the interaction in question as we take all complaints very seriously. After listening to the phone call, it is unclear to us how did you come to this conclusion as we found no evidence to support your accusations of arrogance on the part of our employee. In fact, our team member is known for their dedication to providing courteous and respectful assistance to all our clients. We take great pride in the professionalism and integrity of our staff, and it's disappointing to see their reputation unjustly tarnished by unfounded claims.

While we understand that everyone has bad days, we believe it's crucial to separate personal experiences from objective assessments of service quality. We will be more than happy to provide you with a copy of the recording, then perhaps you will reconsider your rating and realize that there was nothing wrong with the communication.

Regards,

Mark
Official Representative

Rated 1 out of 5 stars

Don't trust this broker

Don't trust this broker. On their micro accounts the pips spread in the open trade window is off by one to two pips from the bid/ ask spread on the chart. So if you're in profit one or two pips on the chart, your trade will still show negative in the open trade window which is devastating if you're a scalper. For example, if the bid/ask for GBP/JPY is 190.00/189.98 on the chart. The open trade will read 189.96 for a long position which is just wrong.They don't charge commissions on micro accounts but this is how they make up for it. Also the slippage is the worst I've ever seen on any forex brokerage platform. When you open a market order on this account, you are guaranteed to be filled three to four pips away from where price is. Using these two little techniques this broker essentially stole my $100 account. 😂 I had an account with them three years ago and I stopped trading with them but I couldn't figure out why I chose another broker over them. Now I remember. You have been warned!!

February 13, 2024
Unprompted review
LQDFX logo

Reply from LQDFX

Dear Jeremiah Witchard,

Thank you for taking the time to post this review.

We failed to find any trading related queries from a client named Jeremiah Witchard. In addition, providing no account information in your review leave us with no opportunity to explain and/or look into your claim.

Trading queries are best to be addressed directly to our trading department, in order to investigate the trade in question, the trading conditions at the time, volatility, etc. There is an explanation for every event, should you contact us to inquire.

Just for the record, the quote 190.00/189.98 (BID/ASK) you mention cannot be possibly seen on the platform as the ASK price is always greater than the BID.

In any case, if you wish to receive more information, we would be happy to hear from you.

Regards,

Mark
Official Representative

Rated 5 out of 5 stars

After 5 years of tight spreads and solid platform...

I've been a forex day trader for almost 10 years, and finding tight spreads is paramount when you make 10 to 30 trades a day. About 5 years ago, I decided to evaluate LQDFX like I would any brokerage by opening a small account and testing their spreads, the responsiveness from customer service, and my ability to deposit or withdraw. Needless to say, I've been with them for the entire 5 years and they continue to impress me and I've evaluated over 20 other brokerages. They recently dropped their commissions from $7 down to $5. Normally, I'd never spend the time to write a review, but that was a huge bonus for me. So, sign up and just start asking questions---they're not hiding like some companies...and will almost always answer just a minute or two.

January 31, 2024
Unprompted review
Advertisement
Rated 5 out of 5 stars

Excellent Broker

I have been doing trading forex scince 2021 and started trading with LQDFX from last 1 year. It's a long time with this company but never face any kind of major problem. Very fast deposit and withdrawal. No hidden fees at all during withdrawal. Their customer service are very responsive to solve any issue. Even no extra commissions. The jorney with them is going very smooth.

January 21, 2024
Unprompted review
Rated 5 out of 5 stars

Good Service

In order to my experience I found Iqdfx as retail trader friendly trading platform. Good spreads on eurusd and gbp pairs and good number of pairs to choose from. Deposit and withdrawal are easy , haven't had any trouble in my 1 year trading with them. Live chat service too fast to solve any issues. Good going with them till now.

December 23, 2023
Unprompted review
Rated 1 out of 5 stars

Pitiful

Scam artist for sure… $34 fee to deposit, $34 fee to withdrawal with ANY crypto. 1-2 days to processs a withdrawal. Silly and useless practices. I’ll literally never use this broker again.

December 14, 2023
Unprompted review
LQDFX logo

Reply from LQDFX

Dear Phillip Williams,

We are disappointed to read about your experience.

Let us clarify that as a company, we cover all fees charged by the Payment Service Provider for processing transactions to your LQDFX Wallet. However, we do not cover any fees charged by your wallet provider for sending funds through their platform, nor do we cover the associated Blockchain network fees.

As you may be aware, all transactions are confirmed on the blockchain, and miners charge a fee (network fee) for transaction confirmation. While these fees are typically a low amount, recent events in Bitcoin have led to a significant increase. Or in other words, the abnormal fees you experienced are related to the increase in network fees.

It is important to note that these events have impacted Bitcoin transactions globally and are external factors beyond our direct control.

We suggest you research about it and get a better understanding as opposed to giving us a 1-star rating due to your lack of knowledge in this field. Below you will find useful links (if admins allow) related to the above:

1) https://ycharts.com/indicators/bitcoin_average_transaction_fee
2) https://www.forbes.com/sites/digital-assets/2023/12/18/bitcoin-fees-surge-reinforcing-the-networks-antifragility/?sh=7b2f9ba3d320

When it comes to withdrawals, please note that we do not cover those fees and the withdrawal amount charged depends on the withdrawal amount.

For any further clarification, please email the relevant department directly at backoffice@lqdfx.com

Regards,

Mark
Official LQDFX Representative

Rated 5 out of 5 stars

Great broker

From the very beginning, I have been consistently impressed by the professionalism, transparency, and efficiency demonstrated by LQDFX. Your platform's user-friendly interface, coupled with advanced trading tools, has greatly facilitated my trading experience. The speed of trade execution and the stability of your platform have exceeded my expectations, allowing me to navigate the markets with confidence.

Moreover, the customer support at LQDFX deserves special commendation. The responsiveness and willingness to assist, whether it be addressing queries or providing guidance, have been exemplary. Knowing that reliable support is just an email or call away has added immense value to my overall trading experience.

I have not only found a reliable brokerage but also a partner in my financial journey. Your commitment to integrity and client satisfaction sets LQDFX apart in the competitive world of online trading.

December 23, 2022
Unprompted review
Advertisement
Rated 5 out of 5 stars

Reliable Trading Broker

its a long time with Forex trading and the majority of that time i have traded with LQD. honestly speaking never found any major problem in this period. very fast trading execution , instant deposit with a large choice available and first withdrawals. in my trading career i met a lot of brokers but LQD is definitely one of my top 3.

November 28, 2023
Unprompted review
Rated 5 out of 5 stars

Reliable platform

Journey with lqd more than 1 year, very fast service and the platform is good. Internal transfers are fast and handy. Great support team, had no issues with them unlike other brokers.

October 15, 2023
Unprompted review
Rated 5 out of 5 stars

The best broker i have experienced.

The best broker i have experienced.
I have been with them for the last 4 years and they have paid to me consistently without fail. I also had a personal good experience with my account manager Milo who helped me overcome a tough situation by providing a good solution for trading.

Happy to be a customer here!

October 13, 2023
Unprompted review
Rated 5 out of 5 stars

Excellent Broker

Its a experience for over 1 year with Lqdfx. Especially liked their spreads and execution. Very smooth process for money withdrawal and deposit. No major complain I found. Planning to keep them as one of my main brokers.

September 25, 2023
Unprompted review
Advertisement
Rated 5 out of 5 stars

Best broker for scalping

I have been using lqdfx trading platform from 3 years. Its a perfect place to scalp in a proper way because of its lowest trading spreads. Withdrawal always complete within couple of hours. I never found any hidden fees at all. As a scalper enjoying this broker performance.

September 20, 2023
Unprompted review
Rated 5 out of 5 stars

Satisfied with lqd

Live Experience with LQD for more than 2 years.It's a long time and have no issues with deposit and withdrawal. Good spreads. Always great support through the online chat. Till now enjoying this friendly
trading environment.

August 27, 2023
Unprompted review
Rated 5 out of 5 stars

Good broker

Very new to trading and from my first day of trading I have beeen using lqdfx above all for their comfortable tradin spreads. It's because its really supportive to survive as a newcomer. Withdrawal never takes more than 24 hours and there are no hidden fees. So, my trading journey going very smoothly.

July 27, 2023
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look