LidyaTrade Review 2024

1 / 5
LidyaTrade is #108 in our CFD broker rankings.

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.

CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities
50% Loss Rebate
Wire Transfer, Credit Card, Debit Card, Visa, Mastercard, WebMoney, Perfect Money, Bitcoin Payments

Forex Trading

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

CFD Trading

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

Crypto Trading

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

LidyaTrade, which also goes by LidyaForex and LidyaFX, is a CFD broker and market maker. The firm boasts over ten years of experience and over 1,200 tradable instruments, including forex, stocks, commodities and crypto. This 2024 LidyaTrade review will cover all important aspects of trading with this firm including pricing, regulation status and more.

LidyaTrade Headlines

LidyaTrade Ltd. is an ECN broker with an address in Birmingham, UK. The firm claims to have been operating for over ten years and has more than 5,400 active traders.

The broker offers a range of account types and tradable assets, as well as regular promotions and educational materials. The firm’s servers are located in Europe and guarantee fast execution, as well as same-day deposits and withdrawals.

The broker also goes by LidyaFX in Turkey. The firm’s old site address was and links to this site are now broken. If you find one of these links, for example when looking at documentation online, simply replace “lidyafx25” with “lidyatrade” and you will be directed to the correct website.


LidyaTrade’s sole platform is MetaTrader 5. MT5 is one of the most popular and widely used trading platforms worldwide. It can be used on any browser or downloaded for free as a desktop or mobile application.

The MT5 platform is comprehensive and highly customisable. When compared to its predecessor, MetaTrader 4, users have access to additional timeframes, a larger variety of tools and depth of market (DOM) pricing. There are hundreds of indicators and charting tools available, as well as the ability to run expert advisors (EAs) for automation and backtest algorithmic strategies. MT5 will also stream live market analysis and economic news to your dashboard.

The MT5 mobile app is extremely well-developed and contains all the same features as the desktop version. Using the app has the added security of fingerprint or facial biometric identification.


A full breakdown of assets and products is not available from LidyaTrade’s main website but the company does advertise over 1,200 tradable assets. These products include CFDs on currencies, equities, precious metals, cryptos and indices, as well as options and futures contracts.

Account Types

There are two account types available at LidyaTrade:

lidyatrade forex broker with mt5 access
MetaTrader 5

A swap-free account is also available for those unable to pay or receive interest. An Archived account is defined as an inactive trading account with no financial and/or trading activity for 90 calendar days. This account will not be terminated but you will need to contact customer service to have it reactivated.

Demo Account

A demo account with LidyaTrade is available on MT5. This account is loaded with $10,000 in virtual funds and gives users access to free forex training. The market data and trading environment is a simulated copy of real-world markets and produces a risk-free, real-time practice platform.


Aside from the spreads, this review could not ascertain whether other costs are charged at LidyaTrade, besides swap charges for non-Islamic accounts. If there have been no transactions (trading, withdrawals & deposits) on your account for six months, it will be made dormant. Dormant accounts are charged a monthly fee of $5 on the remaining balance of the account until the balance is zero, at which point the account will be closed.

Payment Methods

Deposits and withdrawals can be made via bank wire transfer, credit card & debit card (Visa or Mastercard), WebMoney, Bitcoin or Perfect Money. Withdrawals from trading accounts are processed within three business days and bank transfer fees may be charged where applicable.


LidyaTrade has limited educational materials available on its website. These materials include an introduction to forex trading as well as several trading definitions. The firm claims to offer free forex training to any user, including demo account users.

An economic calendar is available on the website, containing important upcoming news events. There is also an article page that does not seem to be regularly updated and a technical analysis page that contains several dials indicating a buy/sell sentiment for some important markets.

lidya trade-demo server
LidyaTrade Market Analysis


According to the client agreement, Lidya Trade is incorporated under the laws of Saint Vincent and has its registered office at Dyadovsko Village 6705, Providence of Kardzhali, Municipality of Chernoochene, Bulgaria.

The firm claims to be registered with the Financial Services Authority of St Vincent and The Grenadines (SVGFSA) and to have made an application with the Financial Conduct Authority in the UK but we could not find any record of either of these claims.

Many firms choose to register themselves in countries like St Vincent and the Grenadines to dodge tighter financial regulations, such as leverage caps. If you are planning on signing up with LidyaTrade, ensure you are confident with the services you are being provided, the pricing structure and that you will be able to promptly contact customer support if something goes wrong.

Customer Support

The LidyaTrade customer support team is available Monday to Friday, 24 hours a day. You can get in touch via email, telephone or live chat. We found the live chat feature to not be as responsive as some other brokers. You can also submit a ticket on the website and the team should get back to you within one working day.

Pros Of LidyaTrade

Cons Of LidyaTrade

LidyaTrade Verdict

LidyaTrade seems to offer attractive trading conditions with spreads as low as 0.7 pips, high leverage rates and over 1,200 tradable assets available. However, offshore registration and some unclear corporate information means that it is hard to trust this firm wholeheartedly. Before signing up for any broker, it is essential to carry out thorough research and compare it with the competition. This way, you will ensure you are not falling for a fraudulent firm.


What Is LidyaTrade?

LidyaTrade is a forex and CFD broker registered in St Vincent and The Grenadines. The firm offers two account types, over 1,200 tradable assets and a free demo account loaded with $10,000 in virtual funds.

What Assets Are Available On LidyaTrade?

With LidyaTrade you can choose from over 1,200 CFD instruments encompassing forex, metals, indices, commodities, cryptocurrencies and US stocks.

What Is The Minimum Deposit With LidyaTrade?

There are two account types with LidyaTrade: Standard and Gold. The Standard account has a minimum deposit of $300 and spreads start at 1.0 pips. The Gold account requires a minimum deposit of $500 and spreads start at 0.7 pips.

Is LidyaTrade Safe?

LidyaTrade is a registered company in St. Vincent and The Grenadines. The firm claims to be awaiting regulation from the FCA in the UK but, for now, we can say that it is unregulated. Trading CFDs, especially using leverage, will always be a risk. Ensure you have carried out thorough research and never invest more than you are willing to lose.

What Payment Methods Are Available On LidyaTrade?

LidyaTrade offers several methods including bank wire transfer, Visa, MasterCard, WebMoney, Bitcoin and Perfect Money.

Top 3 Alternatives to LidyaTrade

Compare LidyaTrade with the top 3 similar brokers that accept traders from your location.

  1. Swissquote – Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.

  2. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.

  3. FXPrimus – FXPrimus is an award-winning CySEC-regulated brokerage offering CFD trading on 200+ instruments via the MetaTrader 4, MetaTrader 5 and cTrader platforms. The choice between a competitive commission-free account and two affordable raw spread options make this an accessible broker for anyone seeking forex, stocks, indices and commodities with high leverage.

LidyaTrade Comparison Table

Compare LidyaTrade With Similar Brokers
LidyaTrade Swissquote AvaTrade FXPrimus
Rating 1 4 4.9 4
Markets CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures CFDs, Forex, Stocks, Cryptos, Futures, Options, Commodities, Bonds
Demo Account Yes Yes Yes Yes
Minimum Deposit $300 $1000 $15
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Bonus 50% Loss Rebate Monthly Promos
Education No No Yes No
Platforms MT5 MT4, MT5, AutoChartist, TradingCentral WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, cTrader
Leverage 1:200 1:30 1:30 (Retail) 1:400 (Pro) 1:1000
Payment Methods 8 5 13 12
Visit Visit Visit Visit Visit
Review Swissquote

Compare Trading Instruments

Compare the markets and instruments offered by LidyaTrade and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare LidyaTrade Trading Instruments
LidyaTrade Swissquote AvaTrade FXPrimus
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold No Yes Yes Yes
Copper No No Yes No
Silver Yes Yes Yes Yes
Corn No No Yes No
Crypto Yes Yes Yes Yes
Futures Yes Yes Yes Yes
Options Yes Yes Yes Yes
ETFs No Yes Yes No
Bonds No Yes Yes Yes
Warrants No No No No
Spreadbetting No No Yes No
Volatility Index No No Yes No

LidyaTrade vs Other Brokers

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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.