Lidya FX

Lidya FX Broker Overview

Lidya FX is a retail forex and CFD brand presented as operating from the United Kingdom under the company name LidyaTrade Ltd., with a stated office at 19 Boroughbridge Road, Birmingham, B1 5NB and a London telephone number. The brand offers a small set of trading accounts with a minimum deposit of 300 USD and leverage up to 1:200. Its website, lidyatrade.com, does not currently resolve, so nothing on it can be read or relied on.

Is Lidya FX Regulated?

No. There is no confirmed financial regulation for Lidya FX or for LidyaTrade Ltd. in any jurisdiction, and no licence number is published anywhere WIKILIX could examine. Handling retail client money for forex or CFD trading from the United Kingdom requires authorisation by the Financial Conduct Authority, and no such authorisation is evidenced for this brand.

LidyaTrade Ltd.

LidyaTrade Ltd. is the company the brand names as its operator. A search of the United Kingdom register of companies at Companies House, including variants of the name, returned no company called LidyaTrade Ltd. Several unrelated companies contain the word Lidya, none of them matching this brand, this address or this business. On the record available, the operating entity behind Lidya FX cannot be identified as an existing company.

Is Lidya FX Safe?

The evidence available does not support treating Lidya FX as safe. There is no regulator supervising the operation, no company that can be traced on the register a client could use to pursue a claim, and no live website through which terms, client money arrangements or withdrawal conditions can be read. A client depositing money would have no identified counterparty and no recourse.

Lidya FX Account Types

Three accounts are associated with the brand: a Standard account requiring 300 USD with spreads from 1.0 pip, a Gold account requiring 500 USD with spreads from 0.7 pip, and a demo account. Both live accounts allow leverage up to 1:200 and a minimum trade size of 0.01 lot. Commission, account currency and trading instruments are not disclosed.

Lidya FX Deposits and Withdrawals

Deposit and withdrawal methods, fees, limits and processing times are not disclosed anywhere available, so a prospective client cannot establish before depositing how money would be returned.

Lidya FX Pros and Cons

• Low entry barrier at 300 USD and a small, simple account range.
• No confirmed regulation in any jurisdiction.
• The named operating company does not appear on the United Kingdom register.
• The website is offline, so no terms or funding conditions can be read.

Lidya FX Review and Assessment

Lidya FX presents itself as a United Kingdom forex broker, but the two things that would make that meaningful are both missing: an authorisation from a financial regulator, and a traceable company. With the website also unreachable, there is no current route to verify anything the brand claims, and no basis on which a deposit could be considered protected.