Vault Markets vs LQDFX

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

Vault Markets vs LQDFX Comparison Table 2024
Vault Markets LQDFX
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2.5
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4.5
Vault Markets is ranked #87 among CFD brokers. LQDFX is ranked #92 among CFD brokers.
Vault Markets is an award-winning brokerage headquartered in Namibia. It is an accessible direct-market-access CFD broker with affordable minimum deposits, flexible funding methods and high leverage. This broker offers a very large range of forex pairs as well as commodities and indices through MetaTrader 4 or MetaTrader 5.
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
  • Leverage up to 1:1000 is higher than most competitors
  • Ultra-low latency trading will appeal to serious traders
  • Responsive customer service upon testing
  • DMA broker with tight raw spreads available
  • A specialist broker for African traders
  • Very wide range of forex pairs
  • MT4 and MT5 trading platforms
  • Easy to create a live account
  • 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
  • No top-tier regulatory oversight raises safety issues
  • No demo account makes it difficult for traders to test broker's services
  • Poor range of educational content and extras
  • Trader reviews flag some scam concerns
  • 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 Customer Service Africa 2022
  • Fastest Growing Broker Nambia 2022
  • Most Secure Broker South Africa 2022
  • Most Innovative Broker South Africa 2022
  • Fastest Withdrawals Africa 2021
  • Best New Forex Broker Africa 2021
  • Best MT4 Online Trading Solutions Provider Africa 2021
  • Best ECN Broker 2017
  • Most Reliable Broker 2017
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
Forex, Stocks, Indices, Commodities, Cryptocurrencies Forex, CFDs, Stocks, Indices, Commodities, Crypto
Demo Account
No Yes
Minimum Deposit
$5 $20
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSCA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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4.8
Android App Rating
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4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes 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
No 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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader 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
Yes Yes
Account Currencies
  • USD
  • ZAR
  • USD
  • EUR
Commodities
  • Gold
  • Silver
  • Oil
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
Trade CFDs on forex, commodities, indices and crypto assets. With spreads from 0 pips and generous incentives and bonus offers setting Vault Markets apart from competitors, this Namibian broker will appeal to aspiring traders. 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
1:1000 1:1000
FTSE Spread
From 1 pip 0.90
GBPUSD Spread<
From 1 pip 0.1
Oil Spread
From 1 pip 0.05
Stocks Spread
From 1 pip 0.05 (Apple Inc)
Forex
Trade 200 CFD forex pairs with DMA pricing and tight spreads, ultra low latency and high leverage up to 1:1000. The range of forex pairs available and pricing model are among the most attractive in the African market. 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
200 71
GBPUSD Spread
From 1 pip 0.1
EURUSD Spread
From 1 pip 0.1
EURGBP Spread
From 1 pip 0.5
Cryptocurrency
Trade five crypto pairs via leveraged CFDs. This is too small a range to satisfy dedicated crypto traders, but the digital tokens do have the advantages of ultra-fast execution and pure direct market access. 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
From 1 pip 1.02 - 28.0 pips
Coins
  • BTC
  • ETH
  • LTC
  • ADA
  • 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
Vault Markets LQDFX
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