About the company

LWD Ltd, a Marshall Islands-based firm, is the owner and operator of LQDFX. The broker, which was created in 2015, has a huge customer base that spans the globe from Canada to Australia. No financial institution has authorized or monitored the organization. The broker is very open about its approach to business and provides several legal documentation on its webpage, which is better than a lot of uncontrolled providers.

Trading platform

The company provides a comprehensive MT4 platform to its customers. It integrates a robust set of features with a user-friendly interface, making it a great option for investors of all ability levels. The trading platform offers 30 languages, over 50 technical indicators that may be customized, 30 charting options, and 9 timeframes. Along with one-click trading and extensive market histories, Expert Advisors provide the option of automated trading (EA).

The platform is compatible with both Windows and Mac PCs, and a mobile version for iOS and Android devices is also accessible.

Spreads and leverage

Spreads vary depending on the type of account opened with the firm. With a Micro account, the broker offers variable leverage up to 1:500. Other accounts, on the other hand, have a maximum leverage of 1:300, with the exception of the VIP account, which has a maximum leverage of 1:100.

Account Types

Micro account

• Minimum deposit $20
• Typical spread 1 pip
• No fees
• Leverage 1:500
• Swaps are charged

ECN account

• Commission $3.50 per lot
• Minimum deposit $500
• Typical spread 0.1 pips
• Leverage 1:300
• Swaps are charged

Golden account

• Minimum deposit $500
• Typical spread 0.7 pips
• No fees
• Leverage 1:300
• Swaps are charged

VIP account

• Minimum deposit $25,000
• Commission $2.50 per lot
• Typical spread 0.1 pips
• Leverage 1:100
• Swaps are charged

Islamic account

• Typical spread 0.7 pips
• Minimum deposit $20
• No fees
• Leverage 1:300
• No swaps

Demo account

Demo accounts can hold up to $100,000 in simulated funds and are designed to mimic real-money trading situations. Potential clients can learn how to use the MT4 trading platform, explore new markets, and test methods with no danger to their money.

Deposits

Accounts can be funded using a variety of methods, all of which are free. Bank transfers, cryptocurrencies, Visa and Mastercard credit, debit cards, and also the e-wallets Skrill, Neteller, FasaPay, and Load, are all accepted.

The minimum deposit for wire transfers is $250, and the minimum deposit for crypto is $30, except for bitcoin, which has a minimum deposit of $20, as well as e-wallets and payment cards, which have a minimum deposit of $20. E-wallet and cryptocurrency deposits are handled instantaneously, however, payment cards can take up to 30 minutes to process, and money transfers can take up to 7 days.

Withdrawal

With the exception of credit cards, which incur a $10 cost, the company offers all of the same withdrawal alternatives that are free to use again. For bank transfers, the minimum withdrawal amount is $100; for payment cards, it is $20; for Bitcoin, it is $10; for other cryptocurrencies, it is $30; and for e-wallets, it is $0-10. Withdrawals are completed within one business day for eWallet and cryptocurrency payments, two days for cards, and two to ten days for bank transfers.

Additional features

The company provides a variety of academic materials as well as trading instruments. The broker also includes Fibonacci calculators, pivot points, and trade sizes in addition to the economic calendar. The website’s educational part is well-organized, with a beginner’s course and a variety of video courses on ECN trading. A Forex trading e-book is available that delves deeper into trading psychology, behavior, and important principles. It also has a course on trading methods for different levels of experience and markets, as well as a number of articles on technical analysis and risk control.

Trading hours

The system is available 24 hours a day, seven days a week, but instruments can only be traded when the appropriate markets are open. The LQDFX servers are in GMT+1, and the accompanying trading hours are in GMT+1 as well.

On Sundays, forex pairs open at 22:03 and close at 21:58, with daybreak from 21:58 to 22:03. Precious Metals is open from 23:01 on Sundays to 21:58 on Fridays, with an afternoon break between 21:58 and 23:01. The opening timings for commodities and stock indices can be found on the broker’s webpage.

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