Score

7.08 /10
Good

Lydya Financial

Regulated in France

Retail Forex License

Suspicious Scope of Business

Germany Common Financial Service License Revoked

Suspicious Overrun

Medium potential risk

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Exposure

Time Machine
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Score

Regulatory Index7.07

Business Index7.72

Risk Management Index7.38

Software Index6.36

License Index7.07

Time Machine
Website

Licenses

VPS Standard
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WikiFX Risk Alerts 4
Previous Detection : 2024-09-23
  • GermanyBaFin (license number: 148995) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • This broker exceeds the business scope regulated by Germany BaFin(license number: 148995)BaFin Non-Forex Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

Lydya Financial · Company summary
Registered Country/Region Cyprus
Regulation BDF, CYSEC, CNMV
Founding Time 2004
Maximum Leverage 1:400
Trading Platform N/A
Trading Assets Currencies, Metals, Commodities, Energies, Indices
Payment Methods VISA, MasterCard, Bank Transfers, skrill
Customer Support Phone, Email

General Information & Regulation

Lydya Financial was founded in 2014 under the company registration number HE334292 with the vision of providing unparalleled financial services and up-to-date investment opportunities in the capital markets. Lydya Financial is regulated by CySEC in Cyprus (regulatory number: 300/16), BDF in France (regulatory number: 70562), and CNMV in Spain (regulatory number: 4373). CNMV (Reg. No. 4373). Besides, Lydya Financial is a member of the Investor Compensation Fund.

Market Instruments

Lydya Financial offers investors a wide range of financial products, including currencies, metals and commodities, energy, and indices.

  • Currencies-Currencies are traded in pairs and these pairs fall under three categories: Majors, Minors and Exotics

  • Metals & Commodities-Trade gold, silver, and more

  • Energies-Oil and Gas

  • Indices-Major global indices

market-instruments

Leverage

The maximum trading leverage offered by Lydya Financial is up to 1:400, which is a generous ratio.

Trading Platforms Available

Lydya Financial does not offer the most popular MT4/MT5 trading platforms but rather an in-house developed trading platform, which is not specified.

Deposit and withdrawal

Lydya Financial supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, wire transfer, Neteller, Skrill.

Customer support

Potential clients or exsiting clients who have any inquiries or trading-related issues can reach out to Lydya Financial through multiple contact channels. Here are some contact details:

Telephone:+357 25 25 22 99

Fax: +357 25 25 13 93

Email: info@lydyafinancial.com

A contact form

Office Address: 5 Nikou Kazantzaki, George Court, 1st Floor, Ayios Theodoros, 8035 Paphos, Cyprus

Restricted Regions

Lydya Financial Ltd does not provide service to residents of the USA, Canada, North Korea, Iran, Belgium and some other regions.

Pros & Cons

Pros Cons
CYSEC-regulated Insufficient website information
Negative Balance Protection No information on spreads & trading commissions, etc.
Generous leverage ratio Non-MT4/MT5 trading platform
The official website available in English only
No live customer service
Not accepting traders from some countries

Frequently Asked Questions

What trading instruments does Lydya Financial provide ?

Lydya Financial provides access to currencies, metals and commodities, energy, and indices.

What trading platform does Lydya Financial offer?

Lydya Financial does not offer the most popular MT4/MT5 trading platforms.

Does Lydya Financial offer leverage?

Lydya Financial offers leverage up to 1:400.

What deposit and withdrawal methods Lydya Financial supports ?

Lydya Financial allows funding account through Bank Transfer, Debit and Credit Cards, Skrill and Neteller.

User Reviews

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满心欢喜44464
more than one year
He considerado si comerciar con Lydya Financial antes, pero luego me di por vencido porque no proporciona MT4 o MT5, y no quiero perder el tiempo adaptándome a una nueva plataforma, estoy muy ocupado.
He considerado si comerciar con Lydya Financial antes, pero luego me di por vencido porque no proporciona MT4 o MT5, y no quiero perder el tiempo adaptándome a una nueva plataforma, estoy muy ocupado.
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2022-11-23 18:44
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AA来一锅
more than one year
Information on trading condition is non-transparent, i have no idea on some key points suck as leverage, spreads, etc. Besides, the broker says to be regulated by institutions, but in fact, it seems that th company holds suspicious clone and exceeded licenses...
Information on trading condition is non-transparent, i have no idea on some key points suck as leverage, spreads, etc. Besides, the broker says to be regulated by institutions, but in fact, it seems that th company holds suspicious clone and exceeded licenses...
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2022-11-16 16:05
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