LidyaTrade Review 2022

LidyaTrade is an unregulated forex and CFD brokerage providing a wide range of assets and services, including the MT5 platform, though some information on the firm's website is unsubstantiated.

LidyaTrade is broker that offers traders CFD, Forex, Cryptocurrency, Stocks, Futures and Options. Interestingly, LidyaTrade supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.

In terms of features offered to traders, LidyaTrade has Demo Accounts and Islamic Accounts but is missing Social Trading, Signals and Auto Trading.

LidyaTrade also gives traders access to 2 cryptocurrencies: BTC and ETH.

Please note that LidyaTrade is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

LidyaTrade Summary

LidyaTrade is an unregulated forex and CFD brokerage providing a wide range of assets and services, including the MT5 platform, though some information on the firm's website is unsubstantiated.

Ratings

20%
Trust
100%
Instruments
42%
Features
BonusNone
InstrumentsCFD, Forex, Crypto, Stocks, Futures, Options
Demo Account
Min. Deposit$300
Min. Trade0.01 lots
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

LidyaTrade boasts 1,200 CFD instruments, covering forex, crypto, commodities, US stocks and indices.

Leverage1:200
FTSE SpreadFrom 0.7 pips
GBPUSD SpreadFrom 0.7 pips
Oil SpreadFrom 0.7 pips
Stocks SpreadFrom 0.7 pips

Forex Trading

Clients of LidyaTrade can speculate on all the majors, most of the minors and even exotic currency pairs using MT5.

GBPUSD SpreadFrom 0.7 pips
EURUSD SpreadFrom 0.7 pips
EURGBP SpreadFrom 0.7 pips
Assets10+

Cryptocurrency Trading

LidyaTrader claims to offer cryptocurrency trading and investing for the most popular tokens, including Bitcoin & Ethereum.

SpreadVariable
CoinsBTC, ETH

Payment Methods

LidyaTrade accepts the following payment methods:

  • Wire Transfer
  • Credit Card
  • Debit Card
  • Visa
  • Mastercard
  • Webmoney
  • Perfect Money
  • Bitcoin Payments
Risk Warning – Your capital is at risk

FAQ

Is LidyaTrade Safe?

In our review we gave LidyaTrade a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that LidyaTrade is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does LidyaTrade Accept PayPal?

No, LidyaTrade does not accept PayPal payments.

Is LidyaTrade Halal?

Yes, LidyaTrade does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does LidyaTrade support?

LidyaTrade only supports the MetaTrader 5 trading platform at this time.

Is LidyaTrade Regulated?

No, unfortunately LidyaTrade is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.

LidyaTrade vs Other Brokers

If you want to compare LidyaTrade with other brokers, use the detailed comparisons below.

LidyaTrade vs
LidyaTrade is an unregulated forex and CFD brokerage providing a wide range of assets and services, including the MT5 platform, though some information on the firm's website is unsubstantiated.