ICE FX vs LQDFX

ICE Markets or LQDFX – which is better for UK traders 2025? Compare ICE Markets and LQDFX in this detailed breakdown of their platforms, features and fees.

ICE Markets vs LQDFX Comparison Table 2025
ICE Markets LQDFX
rating empty
rating full
2
rating empty
rating full
4.5
ICE Markets is ranked #91 among CFD brokers. LQDFX is ranked #91 among CFD brokers.
Review
Review
ICE FX is a global STP broker with access to MetaTrader 4 and CFD trading in four major asset classes: forex, crypto, precious metals and energies. The offshore brokerage offers competitive trading fees, 24/5 customer support and a loyalty scheme for active investors.
LQDFX has closed or no longer accepts UK clients.
LQDFX have rebranded to PlexyTrade.
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.
Pros
  • Tier-based loyalty scheme with access to a free VPS and interest rate payments on uninvested balances
  • Access to the MT4 desktop, web and mobile platform with powerful analysis and customizable charting
  • Low fees with tight spreads from 0 pips, commissions between 0.0025% and 0.25%
  • Reliable customer support available 24/5 via phone, live chat, Skype and email
  • Hybrid PAMM/MAM account with low commission fees from 0.004%
  • Range of payment methods including cryptocurrency
  • Fast STP execution speeds of less than 1 ms
  • 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
Cons
  • Offshore regulation from the Labuan Financial Services Authority (Labuan FSA) raises safety concerns
  • Very slim product portfolio with only 75 instruments and no stocks
  • No education for beginners
  • 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
Awards
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
CFDs, Forex, Cryptos Forex, CFDs, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$30 $20
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
Labuan FSA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
rating empty
rating empty
rating full
4.8
Android App Rating
rating empty
rating empty
rating full
4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
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 Yes
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
Commodities
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
75 CFDs are available on foreign exchange, UK and US oil, precious metals and cryptocurrencies. You can trade CFDs with STP execution and a low minimum order size of 0.01 lots. 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.
Leverage
1:300 1:1000
FTSE Spread
N/A 0.90
GBPUSD Spread<
1.0 0.1
Oil Spread
0.5 0.05
Stocks Spread
N/A 0.05 (Apple Inc)
Forex
Trade 36 major, minor and exotic currency pairs with ICE FX. Leverage up to 1:300 is available and spreads start from 0.0 pips on popular currency pairs. 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.
Assets
36 71
GBPUSD Spread
1.0 0.1
EURUSD Spread
0.8 0.1
EURGBP Spread
1.3 0.5
Cryptocurrency
Trade five crypto CFD contracts 24/7 including the BTC/USD and ETH/USD. Leverage up to 1:10 is available alongside floating spreads. On the downside, the range of digital currencies trails the top crypto brokers. 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.
Spread
Floating 1.02 - 28.0 pips
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • LTC
  • ETH
  • DSH
  • XRP
  • BCH
  • NEO
  • ZEC
  • XMR
  • ADA
  • BNB
  • SOL
  • LUNA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
ICE Markets LQDFX
Review
Review
More Comparisons
ICE Markets
vs

 LQDFX
vs