Basic Information
Pros and Cons
Pros
- Offers demo accounts
- Acceptable minimum deposit
- Tiered account options
- Supports MT4 platform
- Wide range of tradable instruments
Cons
- No regulation
- Withdrawal issues reported
- Mixed customer service feedback
- Trade execution failures
- High leverage increases risk
Is LD Trading Safe and Legit?
LD Trading, officially known as ShangHai LuDie International Trading Limited, is registered in the China (Shanghai) Pilot Free Trade Zone and has been operational for approximately 5-10 years. The broker offers a range of trading instruments, including forex, commodities, and cryptocurrencies, with leverage up to 1:300 and spreads starting from 0.1 pips. The trading platforms available are MetaTrader 4 and a proprietary mobile platform, Prodigy Mobile.
LD Trading is currently unregulated, which raises concerns regarding its safety and legality in the trading market. The absence of regulatory oversight means that users may face significant risks regarding the protection of their funds and overall trading practices.
Market feedback on LD Trading indicates a mixed reputation. Users have reported issues with customer service responsiveness and withdrawal processes, leading to a frequency of complaints about trade execution failures. However, some positive evaluations highlight the broker’s user-friendly platforms and potential profit generation. Overall, caution is advised for potential investors considering this broker due to its unregulated status and varying user experiences.
Is LD Trading a Regulated Broker?
What Are the Regulatory Licenses Held by LD Trading?
LD Trading, officially known as ShangHai LuDie International Trading Limited, is currently unregulated, meaning it holds no regulated licenses. This lack of regulatory oversight raises significant concerns regarding the safety and legality of its trading practices. Users may face risks related to the protection of their funds, as there is no mainstream or offshore regulatory authority overseeing its operations. Caution is advised for potential investors considering this broker due to its unregulated status and the associated risks involved in trading with it.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| No Regulated Licenses | No Regulated Licenses | ShangHai LuDie International Trading Limited | No Regulation | No License |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
LD Trading, officially known as ShangHai LuDie International Trading Limited, is currently unregulated. As such, there are no independently regulated bank accounts that hold client funds separate from the broker’s assets. This lack of regulation raises significant concerns regarding the protection of traders’ funds, as there are no investor compensation funds or insurance schemes in place to safeguard client investments.
LD Trading Leverage
LD Trading offers a maximum leverage of up to 1:300 across its products. However, since the broker is unregulated, there are no legal limits imposed by regulatory bodies to compare against. Investors should be aware that high leverage can increase both potential profits and losses, and careful consideration is advised for retail clients.
LD Trading Withdrawal Review
How to Contact LD Trading?
Does LD Trading Have Withdrawal Issues?
LD Trading has received a mix of complaints from users, particularly regarding withdrawal processes and trade execution failures. Many complaints highlight delays in withdrawals, with a notable proportion of users expressing frustration over customer service responsiveness. Sources of these complaints include trading forums and review sites. The broker’s handling of these issues appears inconsistent, leading to repeated concerns without any regulatory oversight to enforce accountability. While there are no significant public complaints documented, the frequency of withdrawal issues raises caution regarding the overall safety and legitimacy of trading with LD Trading.
Frequently Asked Questions
A1: No, LD Trading, officially known as ShangHai LuDie International Trading Limited, is currently unregulated. This means it does not hold any regulatory licenses, raising significant concerns regarding the safety and legality of its trading practices.
A2: As LD Trading is unregulated, there are no independently regulated bank accounts that keep client funds separate from the broker’s assets. This lack of regulation poses significant risks regarding the protection of traders’ funds.
A3: Users have reported a mix of complaints regarding withdrawal processes, particularly delays and frustrations with customer service responsiveness. The frequency of these complaints raises caution about the overall reliability of withdrawal practices at LD Trading.
A4: LD Trading can be contacted via their customer service email at support@ldfx.net or by phone at +44 203 598 6591. They also provide a live chat option for immediate assistance.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.