- 0.1 LDC has closed it’s service and stopped offering online trading of any description. To view a list of the best online brokers in your region, visit our broker page.
LDC has closed it’s service and stopped offering online trading of any description. To view a list of the best online brokers in your region, visit our broker page.
Lebanese Dealers Corporation (LDC) is a monetary mediator spend significant time in forex and CFD trading. The specialist gives ideal exchange conditions and progressed operational innovations to establish an easy-to-understand trading climate. Our LDC representative review covers the record opening application measure, portable applications, administrative licenses, installment expenses, and that’s only the tip of the iceberg.
LDC was set up in 2007, offering monetary administrations from its administrative center in Beirut, Lebanon. The representative is authorized a lot by the Central Bank of Lebanon. In addition, various instructive apparatuses and mainstream financial instruments are offered, close by available client assistance and moment stores.
LDC offers a few stages to meet fluctuating customer needs. Both downloadable work area terminals and web-open trading arrangements are accessible.
A top choice among forex brokers, MT4 is a phenomenal contributing stage. Many specialized markers, drawing apparatuses, and diagram types mean an assortment of techniques can be utilized. In addition, customers can put in the moment, and forthcoming request pauses and can upgrade the trading terminal with many additional items from the MetaTrader Market.
- Market signals
- Moment request execution
- Customizable interface
- Hazard the executive’s cautions and apparatuses
- Master Advisors for robotized contributing
VertexFX offers an option in contrast to MT4. The easy-to-use arrangement provides a perfect showcase with different graphs, a market watch window, and a large group of drawing and examination apparatuses. Furthermore, the VTL 10 prearranging language and dynamic API structure make it incredible for robotized trading. The stage has additionally gotten grants for its convenience.
- Exclusively assembled pointers
- Improved market observe
- Computerized trading administrations
- Worker prearranging support (VTL) and API structure
The E-Broker stage is accessible for cash chiefs trading across different records. The program-based arrangement is worked from the VertexFX background yet doesn’t need a work area download. In addition, the E-Broker stage accompanies a significant part of similar highlights, market access, and security as the downloadable terminal.
Lebanese Dealers Corporation offers speculation openings in many online monetary standards, including majors like the EUR/USD, just as a set-up of minors and exotics. Customers can likewise utilize contracts to take positions on famous business sectors, including significant stock files, single stock offers, and wares, like silver, gold, and oil.
Tragically, the rundown of tradable resources is restricted contrasted with different specialists. For instance, clients can’t begin trading in cryptos, like Bitcoin. ETFs, prospects, and twofold choices are additionally inaccessible.
Spreads & Commission
LDC isn’t approaching with regards to charges. The intermediary takes its cut from drifting spreads yet doesn’t distribute subtleties of average spaces across mainstream resources. This is a warning and may show that LDC is more costly than different suppliers.
On a more splendid note, LDC doesn’t charge trading commissions. However, clients ought to know about rollover expenses and idleness charges
Influence fluctuates across instruments. The most potent power accessible is 1:100 on forex sets. This is relatively higher than the 1:30 cap applied by EU-managed merchants. This could be uplifting news for clients looking to expand their positions truly. However, it implies conceivably more considerable misfortunes. Therefore, we suggest alert before trading with high influence proportions.
The MetaTrader 4 versatile application is viable with iOS and Android gadgets. The application takes into consideration a complete record of the executives from portable and tablet gadgets. SMS market alarms are likewise accessible, alongside moment and future orders, an inherent financial schedule, and watch records. The MT4 application can be utilized to enhance the work area contributing experience or for portable just contributing.
Deposits & Withdrawals
To finance an LDC account, clients need to store at any rate $100. Moment installments are accessible through the accompanying techniques:
- Bank wire move
- Neighborhood installment techniques
- Credit/charge cards, including Visa and Mastercard
A solicitation structure is needed to pull out assets from live records. Withdrawals should be handled through the first store strategy. It usually requires three days for installments to land in customer accounts. Note, LDC may demand extra personality records under its enemy of illegal tax avoidance strategy.
LDC offers a free demo account on the MT4 stage. The preliminary record is a simple method for imminent dealers to test the various stages and instruments advertised. The demo record can likewise be utilized to work out techniques before applying them to genuine cash trading. To open an LDC demo account, clients need to round out a speedy online enlistment structure accessible on the specialist’s site.
LDC Deals & Bonuses
LDC doesn’t offer any arrangements or advancements to new or existing customers at the hour of composing. While this may baffle a few, this is a standard practice among controlled dealers. Therefore, it’s consistently worth checking the LDC site before opening a record on the off chance that new advancements are carried out.
The Central Bank of Lebanon directs LDC under permit 13. The administrative board is regarded in Lebanon, giving strict consistency guidelines to agents, guaranteeing secure and straightforward monetary administrations. This incorporates the isolation of customer reserves. The representative additionally submits daily economic reports to the board to show capital security and administrative consistency.
The representative’s site gives instructive preparing and exploration materials. Likewise, assets incorporate ongoing autonomous value cites across many instruments, a monetary schedule, market news, and live financial diagrams. Finally, the online instruction place offers primary contributing data, including economic examination and trading forex and CFDs rudiments.
The Lebanese Dealers Corporation offers a solo live record for clear market access. The base store is $100, and clients get full admittance to forex and CFD instruments. Every stage and all instructive assets are accessible to genuine cash trading customers. There are no hidden charges.
To open a live record, a direct online application structure should be rounded out. Character archives and verification of residency are needed before you can finance your history and begin trading. Customers can open records from numerous wards, including Europe and the UAE
- Demo account
- Quick withdrawal times
- 24/5 client care
- Regarded administrative board
- Various trading stages, including MT4
- Low trust rating
- Helpless client reviews
- Slender item range and no cryptos
- Absence of sign-up rewards and advancements
- Restricted data concerning showcase spreads
Trading is commonly accessible 24 hours every day, Monday to Friday. So, timings may shift by instrument. The MT4 terminal showcases opening times in nearby time regions.
LDC adheres to standard available time, with a group of agents accessible during the working week. You can contact the client care group through:
- Fax – +961-5-459-111
- Email – firstname.lastname@example.org
- Phone +961-5-458-444
- Live talk – Contact us page
- Online contact structure – Contact us page
LDC head office address – second floor, Galerie Semaan bldg., 657 Galerie Semaan Avenue, Beirut, POB 45-322, Lebanon
LDC guarantees certain activities utilizing SSL information encryption conventions and PCI cooperative exchanges. In addition, customer entry access is secret phrase ensured, and the MetaTrader stage observes industry-standard information protection strategies.
The Lebanese Dealers Corporation organization offers a scope of trading stages, instructive assets, and low least store necessities under the direction of a regarded administrative board. In any case, the absence of straightforwardness on the dealer’s site, including around spreads, is a worry. We’d suggest thinking about different specialists first
LDC acknowledges dealers from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most different nations.
Merchants can not utilize LDC from the United States.
Alternatives to LDC
On the off chance that you are searching for options in contrast to LDC, we have ordered a rundown of the prominent five merchants that are like LDC underneath. This rundown of representatives like LDC is arranged by closeness and incorporates organizations acknowledging merchants from your area.
- Hantec Markets – Hantec Markets is a multi-controlled online FX intermediary offering MT4 and custom-made assistance giving immense adaptability to suit any merchant.
- Infinox – Infinox is a UK-based representative contribution MT4 trading with tight spreads.
- Fortrade – Fortrade is a multi-resource intermediary offering a detailed live record with cutting-edge instruments.
- LMFX – LMFX offers online forex and stock trading with low expenses and strong influence.
- OctaFX – OctaFX offers multi-resource trading on a scope of stages and versatile arrangements.
What does the LDC broker stand for?
LDC stands for Lebanese Dealers Corporation – an online trading broker based in Lebanon. The brokerage was established in 2007 and operated across multiple continents.
Can I trust the LDC broker?
The Lebanese Dealers Corporation company operates under a license from the Central Bank of Lebanon, a respected body. However, with that said, there are some negative customer reviews online so that we would recommend caution.
What documents are required to open a live account with LDC?
To activate a trading account, clients need to provide proof of residency and identity documentation such as a passport or driving license.
Does LDC offer a demo account?
Yes, you can register for a demo account to access the MetaTrader 4 platform. Clients can then switch to a live trading account when they’re ready.