LD Trading Review - Is It a Reliable Forex Broker? - WikiFX

LD Trading Information

LD Trading, with a full name ShangHai LuDie International Trading Limited, is a Chinese trading company who offers more than 200 instrument options including forex, bullion, indices, commodities, and cryptocurrencies.

It provides a demo account for practicing before actual trading and 4 tiered accounts, with a minimum deposit of $100. Leverage ranges from 1:10 to 1:300. You can excute trades on the Prodigy Mobile, as well as the well-recognized MetaTrader 4.

However, one of the facts that cannot be neglected is that the broker is not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness.

Pros and Cons

Is LD Trading Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. LD Trading is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose LD Trading with caution.

What Can I Trade on LD Trading?

LD Trading mainly focuses on trading services in FX, Bullions, Indices, Commodities and Cryptocurrencies.

Account Type & Fees

Except for a demo account for practicing before commiting real money, LD Trading offers a 4 tiered live accounts with varying trading conditions, each targets different customer groups with various experience levels:

Leverage

Note that high leverage can amplify not only profits but also losses.

Trading Platform

Except for the world leading MetaTrader 4 platform, which is accessible via Android and Windows.

LD Trading also offers a proprietary mobile trading platform called Prodigy Mobile. You can download Prodigy Mobile on both Android and iOS devices.