Forex Lloyds Markets Trading Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.5

Business 0.8

Risk Control 1.1

Software 1.8

Regulatory 1.3

Terminal Snapshot

Lloyds Markets Trading Conditions

Registered Region New Zealand

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@llds-group.com

Contact Number +441515281485

Website llds-group.com

Balanced Review

Pros & Cons

Pros

Diverse trading instruments including stocks, ETFs, options, and futures
Five account types catering to different trader needs
Competitive trading fees with low commissions
Customer support available via phone and email
Multilingual support in various languages

Cons

Not regulated by any recognized financial authority
Limited customer support options (no live chat or social media)
Potential risks associated with unregulated trading environment
Lack of educational resources for traders
Withdrawal fees may apply under certain conditions

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Lloyds Markets	TIGER BROKERS	FXBTG	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	New Zealand	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Lloyds Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Basic Account	Beginners and those with lower capital	Low initial deposit, cashback incentives	Minimum deposit of $250
Standard Account	Intermediate traders	No commissions, competitive spreads	Suitable for regular trading
Silver Account	Experienced traders	Reduced spreads, access to market analysis	Requires higher trading volume
Gold Account	Advanced traders	Even lower spreads, additional trading tools	Higher deposit and activity levels may be needed
Platinum Account	Professional traders	Best spreads, premium customer support	Requires substantial capital and experience

Account Opening Process

Opening an account with Lloyds Markets involves several steps. Initially, traders must submit personal, employment, and financial information. Following this, identity verification is required, which includes providing a valid ID and proof of address. After completing these steps, traders can access their accounts. There is also flexibility for users to upgrade to a professional account as their trading experience and needs evolve.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 2.3	$1 per deal (Basic Account)	Competitive spreads for major currencies
CFDs (Stocks, Indices, Commodities)	Varies	No commission for higher-tier accounts	Standard market rates apply
Cryptocurrencies	Varies	No specific commission	Dependent on market conditions

Other Fees

In addition to trading fees, Lloyds Markets may impose various other fees. These can include deposit and withdrawal fees, which may vary based on the payment method. An inactivity fee might also be applicable if there are no trading activities for a specified period. Additionally, platform usage fees and overnight interest (swap rates) may apply. Currency conversion fees are also a consideration for traders dealing in multiple currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Lloyds Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

James Thompson

Auckland

★ ★ ★ ★ ★

I had high hopes when I started trading with Lloyds Markets, but the lack of regulation makes me uneasy. I’ve had issues with withdrawals taking longer than expected, and the customer support is limited to email and phone, which is frustrating. I can’t recommend them until they improve their services and gain proper regulation.

Sophia Martinez

Melbourne

★ ★ ★ ★ ★

Lloyds Markets offers a great variety of trading instruments, and I’ve found their MT4 platform easy to use. The fees are competitive, and my trading experience has been smooth overall. However, I wish they had live chat support for quicker assistance. Still, I’m satisfied with my experience so far.

Mark Johnson

London

★ ★ ★ ★ ★

I regret choosing Lloyds Markets. The withdrawal process is a nightmare, and I have faced numerous delays. Their customer support is not very helpful, as they lack live chat options and take too long to respond to emails. I wouldn’t recommend this broker to anyone.

Emily Chen

Toronto

★ ★ ★ ★ ★

I’ve been trading with Lloyds Markets for several months now, and I’m quite pleased with their services. The account types suit my trading style perfectly, and the competitive spreads have helped me maximize my profits. The platforms are reliable, and I appreciate the multilingual support they offer. Overall, a solid choice for traders.

New Zealand Market