Note: DQFX is no longer an active broker. The website is not reachable.
DQFX forex broker offers regulated online forex trading services with STP (Straight-Through Processing) and Direct Quotes model. The broker brings you competitive bid/ask prices and liquidity from 15 banks and liquidity providers. The broker reviews itself as no dealing desk and best execution provider in the market. DQFX is a brokerage brand owned and operated by Direct Quotes Ltd., an international financial services company.
DQFX offers an extensive collection of instruments for all tastes and trading strategies. Choose from more than 130 tradable instruments.
There are several customized account types to choose from ranging from small to large size accounts.
DQFX 500 – account for beginners with minimum deposit requirement of $200. Maximum available leverage is 1:500 and floating spreads start from 1.9 on major currency pairs. Minimum lot size is 0.1.
DQFX 200 – premier account for traders with some experience where traders can have better control over their risk. Minimum deposit requirement is $500 with maximum leverage of 1:200. Spreads are floating with average spread of 1.9 pips on majors.
DQFX FIX - special account for traders who enjoy fixed spreads. Minimum deposit requirement is $100 with maximum leverage of 1:500. The spreads are fixed at 2.5 pips.
As many brokers today, DQFX offers MetaTrader 4 trading platform, one of the favorites among traders today. With advanced technology and features, you can take advantage of various technical indicators, professional charting, auto-trading features and advanced expert advisors.
MetaTrader 4 is available on your desktop, smartphone devices and tablets so you can easily access your account not only from the comfort of your home or office, but also while you are on the go, as long as you have internet connection on your device.
DQFX reviews its payment options and lists the available methods with Credit/Debit cards, UnionPay, Skrill, Neteller, WebMoney and Wire Transfer.
The account opening is straight forward and easy. Documents are accepted in all languages. Representatives answer questions in experienced and professional manner. At the time of the review, the broker only provided phone number, email and feedback form without the online chat function for the support.