LDF foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.litditfund.com/en/open-live-account/, about the company's legal and temporary regulatory information, the company's address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of Marshall Islands MH96960..
Ldf Holdings Ltd, commonly referred to as Ldf broker, was established in 2012 and is headquartered in the Marshall Islands. The company operates as a private entity and primarily serves retail forex traders and institutional clients in various financial markets. Over the years, Ldf broker has aimed to provide a diverse range of trading services, but it has faced scrutiny regarding its regulatory status and business practices.
The company has developed its operations by focusing on offering contracts for difference (CFDs) across multiple asset classes, including forex, commodities, indices, and shares. Despite its relatively short history, Ldf broker has positioned itself within the competitive landscape of online trading platforms, targeting both novice and experienced traders.
Ldf Holdings Ltd operates independently without a parent company, which allows it to maintain a unique business model. The broker's primary focus is on retail forex trading, providing clients with access to various financial instruments and trading tools to enhance their trading experience.
Ldf broker currently operates without valid regulatory licenses. According to various sources, including WikiFX, the broker has no oversight from major regulatory bodies, which raises significant concerns about its legitimacy and the safety of client funds. This lack of regulation is a critical red flag for potential investors.
The absence of regulatory oversight means that Ldf broker does not adhere to any specific compliance standards, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, which are essential for protecting clients and ensuring fair trading practices. Furthermore, the broker does not participate in any investor compensation schemes, leaving clients vulnerable in case of insolvency or fraud.
Client funds are not segregated from the company's operational funds, which increases the risk of loss. Potential clients are advised to conduct thorough research and consider the implications of trading with an unregulated broker like Ldf broker.
Ldf broker offers a range of trading products that include:
The frequency of product updates and the introduction of new trading instruments are not explicitly mentioned, indicating that clients should keep an eye on the broker's announcements for any changes.
Ldf broker supports the widely used MetaTrader 4 (MT4) platform, which is favored by many traders for its robust trading features and user-friendly interface. The broker may also provide a proprietary trading platform, although specific details about such a platform were not available.
The broker offers a web-based trading platform that is accessible from various devices, including desktops and mobile devices. The mobile application is compatible with both iOS and Android, allowing traders to manage their accounts and execute trades on the go.
In terms of execution models, Ldf broker operates primarily on a Market Making basis, which may lead to conflicts of interest. The broker's server infrastructure is located in regions that support low-latency trading, although specific server locations were not disclosed.
API access and automated trading support are not explicitly mentioned, suggesting that traders interested in algorithmic trading should verify this feature directly with the broker.
Ldf broker offers several account types tailored to different trading needs:
Ldf broker supports various deposit methods, including:
The minimum deposit requirement varies by account type, with the standard account starting at $1,000. Deposit processing times are not specified, which may vary based on the chosen method.
Deposit fees are not clearly outlined, suggesting that clients should inquire about any potential charges before making a deposit. Withdrawal methods and limitations are not detailed, but clients should expect typical options such as bank transfers and card withdrawals.
Withdrawal processing times and fee structures are also not provided, indicating that clients should confirm these details with Ldf broker to avoid surprises.
Ldf broker offers customer support through various channels, including:
The service hours and time zone coverage are not explicitly provided, which may affect clients in different regions. The broker's support may be limited to specific languages, and the exact list of supported languages is not available.
Educational resources provided by Ldf broker are not detailed, indicating that clients may need to rely on third-party resources for trading education. Market analysis services, including daily analysis, news, and research reports, are not mentioned, suggesting that clients should seek external sources for market insights.
Trading tools such as calculators, calendars, and signal services are not specified, which may limit the broker's appeal to traders seeking comprehensive trading support.
Ldf broker primarily serves clients in the Marshall Islands, with potential outreach to other regions. However, specific regional offices are not detailed, indicating that the broker may operate primarily online.
Certain countries and regions may be restricted from opening accounts with Ldf broker, although the exact list of excluded jurisdictions is not provided. Clients should verify their eligibility based on local regulations before attempting to register.
Special restrictions regarding trading activities or account management are not explicitly mentioned, suggesting that traders should review the broker's terms and conditions for any limitations.
In conclusion, Ldf broker presents a range of trading services and products but operates without regulatory oversight, raising concerns about the safety and reliability of its offerings. Prospective clients should conduct thorough due diligence and consider the risks associated with trading with an unregulated broker.
Long44228
Hong Kong
Our backstage were closed. $61698 was deducted from my commission. My clients’ accounts were operated by them. Now my clients want to withdraw fund. But they claim that the position-locking period needs one year,which hasn’t been mentioned before.
Exposure
2019-11-08