Lidya Trade
We checked Lidya Trade against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Lidya Trade is not a reliable broker for traders even though it states offers that look good to be true. Lidya Trade claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 85482 BC 2021. However, we did not find any match results to the company name or the registration number in SVG FSA. Besides, SVG FSA is not a regulatory body that regulates entities engaging in forex services. Besides, Lidya Trade claims it has made an application to the UK Financial Conduct Authority (FCA) and awaits further instruction from FCA. But we did not find any results matching Lidya Trade in FCA's registry. That means Lidya Trade still not get authorization from FCA. The truth is that Lidya Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Lidya Trade.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.