lqdfx vs First Trade, Who's The Best?
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lqdfx vs First Trade Guide |
Read our In-Depth lqdfx vs First Trade Review - for 2024
This lqdfx vs First Trade review has been updated for 2024 by industry experts boasting extensive financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of lqdfx vs First Trade does not apply to all countries as follows:
lqdfx Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
First Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare lqdfx vs First Trade
Each online trading platforms has a few advantages and disadvantages, so any comprehensive analysis of lqdfx vs First Trade would not be complete without having a balanced approach.
Assess lqdfx and First Trade in order to understand just how these platforms line up with each prior to you create an account. A comprehensive comparison will place factors into perspective so that you are informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between lqdfx or First Trade. Who should you choose?
This lqdfx vs First Trade comparison contains the most recent information so you can easily compare First Trade against lqdfx.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire proficient at all the concepts of broker since you keep trading. For starters, you have to choose the right broker who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. lqdfx and First Trade are two such stages that will take you along with your investment into great heights. It's crucial to compare lqdfx vs First Trade until you trust them with your cash.
Our lqdfx vs First Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust lqdfx and First Trade side by side.
Our full lqdfx vs First Trade Review covers all you will need to know about trading using either lqdfx or First Trade. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
lqdfx and First Trade are both brokers that have paved their way successfully into the broker world. Within this review, we've tried to collate a number of the vital aspects of both lqdfx and First Trade. This review will allow you to understand whether either First Trade or lqdfx is a good match for your investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Benefits of lqdfx and First Trade Compared
lqdfx offers a minimum deposit of $250 while First Trade offers a $5 minimum deposit.
Why smaller minimum deposits are good and how lqdfx and First Trade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
lqdfx allows you to trade around 155 financial instruments whilst First Trade allows you to trade around 155 available.
The more instruments you can trade on the lqdfx and First Trade trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of lqdfx or First Trade.
lqdfx and First Trade Contact Details
Being able to contact a broker simply is important. lqdfx and First Trade have the following contact details and social medias that you can use.
Broker | lqdfx | First Trade |
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lqdfx Twitter Account | First Trade Twitter Account | |
lqdfx Facebook Page | First Trade Facebook Page | |
lqdfx Instagram Account | First Trade Instagram Account | |
lqdfx LinkedIn Page | First Trade LinkedIn Page | |
YouTube | lqdfx YouTube Channel | First Trade YouTube Channel |
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First Trade and lqdfx Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing lqdfx and First Trade will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
lqdfx vs First Trade - Awards
lqdfx vs First Trade - Frequently Asked Questions
lqdfx vs First Trade - Headquarters And Year Of Founding
lqdfx was founded in 2017 and has its head office in Portugal.
First Trade was founded in 2008 and has its head office in USA.
What is the minimum deposit for First Trade or lqdfx
The minimum deposit for lqdfx is $250.
The minimum deposit for First Trade is $5.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both lqdfx and First Trade are a good option.
lqdfx vs First Trade - Regulation And Licencing In More Detail
lqdfx is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F272.
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Both lqdfx and First Trade have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare lqdfx vs First Trade Commission And Fees
lqdfx and First Trade are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the number of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of fees for this purpose.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In such cases, you're spending a spread, funding speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight rates are those that are charged when you hold a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither lqdfx or First Trade charge high fees compared to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by lqdfx and First Trade are relatively higher. Consequently, you are charged more for non-trading activities on your trading account, like deposits and withdrawal. These aren't about the sale and purchase of resources.
This lqdfx vs First Trade review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For lqdfx And First Trade
Broker | lqdfx | First Trade |
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Minimum Deposit | $250 | $5 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | No |
Deposit Fees | No | Yes |
CFD Fees | Yes | No |
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What Languages Do lqdfx And First Trade Support?
Being able to talk completely with your online broker is a key element when comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you will find the languages that both lqdfx and First Trade offer communication in.
How Many Clients Do lqdfx and First Trade Have?
Both lqdfx and First Trade are well established with their client base. It is really important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers lqdfx and First Trade are working with
Broker | lqdfx | First Trade |
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Clients / Users | 200,000+ | 10,000+ |
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What Payment Methods Do lqdfx and First Trade Accept?
lqdfx and First Trade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at lqdfx and First Trade
Broker | lqdfx | First Trade |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | Yes | Yes |
Neteller | Yes | No |
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What Can You Trade With lqdfx and First Trade?
lqdfx offers 155 trading instruments and First Trade offers 101.
Below you will find a full breakdown of what both lqdfx and First Trade offer.
lqdfx Review
lqdfx vs First Trade:
Table Of Contents
- Compare lqdfx vs First Trade
- Benefits of lqdfx and First Trade Compared
- First Trade and lqdfx Mobile App Comparison
- lqdfx vs First Trade - Awards
- lqdfx vs First Trade - Frequently Asked Questions
- What is the minimum deposit for First Trade or lqdfx
- lqdfx vs First Trade - Regulation And Licencing In More Detail
- Compare Broker Fees For lqdfx And First Trade
- What Languages Do lqdfx And First Trade Support?
- How Many Clients Do lqdfx and First Trade Have?
- What Payment Methods Do lqdfx and First Trade Accept?
- What Can You Trade With lqdfx and First Trade?