Home
Brokers

LQDFX vs Coinexx

LQDFX or Coinexx – which is better for UK traders 2024? Compare LQDFX and Coinexx in this detailed breakdown of their platforms, features and fees.

LQDFX vs Coinexx Comparison Table 2024
LQDFX	Coinexx

4.5	2.5
LQDFX is ranked #91 among CFD brokers.	Coinexx is ranked #55 among CFD brokers.
Review	Review
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.	Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.
Pros
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	Coinexx uses an ECN model that facilitates ultra-tight spreads from 0 pips, which alongside high leverage up to 1:500, may serve fast-paced, high-volume trading strategies. The virtual private server (VPS), hosted near the firm’s data center in Amsterdam, offers 24/7 connectivity, low latency and 99.99% uptime, catering to algo traders. Coinexx is one of a limited pool of brokers to support the ActTrader platform, which is highly customizable with detachable widgets, as well as 48 indicators, 11 timeframes, and price quotes up to 8 decimal places.
Cons
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	Although it supports near-instant account funding in 25+ cryptos, the absence of fiat deposit options at Coinexx will be severely limiting for many traders. Despite operating for over 7 years, Coinexx still hasn’t secured any regulatory approvals, respected industry awards or the full confidence of our experts. Aside from 7 calculators (forex, margin, pip, currency, commission, swap, PnL), Coinexx offers very little in terms of additional tools, with no education or research features to support traders.
Awards
Best ECN Broker 2017 Most Reliable Broker 2017
FCA Regulated
No	No List of FCA Regulated Brokers
Instruments
Forex, CFDs, Stocks, Indices, Commodities, Crypto	Forex, Commodities, Indices, Cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$20	0.001 BTC
Payment Methods
Credit Cards Debit Card Mastercard PayRedeem Visa
Minimum Trade
0.01 Lots	0.01 Lots
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
4.8
Android App Rating
4.4
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
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	No
ECN Account
Yes	Yes
DMA Account
Yes	Yes
MAM Account
No	Yes
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	MetaTrader
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	No
Account Currencies
USD EUR	USD
Commodities
Gold Silver Oil Natural Gas	Gold Silver Oil Natural Gas
CFD
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.	Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on trading strategies.
Leverage
1:1000	1:500
FTSE Spread
0.90	From 0.0 pips
GBPUSD Spread<
0.1	From 0.0 pips
Oil Spread
0.05	From 0.0 pips
Stocks Spread
0.05 (Apple Inc)	NA
Forex
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.	Coinexx offers an excellent selection of 70+ major, minor and exotics currency pairs, presenting diverse opportunities with a forex calculator to aid trading decisions. It’s also one of a select few brokers to support forex trading on the ActTrader platform, alongside MT4 and MT5.
Assets
71	60+
GBPUSD Spread
0.1	0.0
EURUSD Spread
0.1	0.0
EURGBP Spread
0.5	0.0
Cryptocurrency
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.	Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.
Spread
1.02 - 28.0 pips	From 0.0 pips
Coins
BTC LTC ETH DSH XRP BCH NEO ZEC XMR ADA BNB SOL LUNA	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

LQDFX	Coinexx
Review	Review
More Comparisons
LQDFX vs	Coinexx vs