What is Lodfy?
Lodfy is a platform for physical commodity trading that helps buyers, sellers and brokers discover and verify trusted counterparties, with KYB verification, sanctions screening and document checks built into the deal.
The people who use it move physical cargo — producers, traders, brokers and end buyers — rather than trading paper contracts. The problem it exists to solve is the oldest one in the business: knowing whether the company on the other side of a deal is real, is who it says it is, and can do what it is promising.
What Lodfy does
Counterparty verification
KYB on the company, KYC on its officers, ultimate beneficial ownership mapping, and sanctions screening against the UN, EU, UK and US lists, re-run as those lists change.
Document checks
Incorporation certificates, registers, assays and inspection reports are reviewed before funds or cargo move. Rejected documents come back with a reason and a request for what is missing.
A verified marketplace
Buy and sell requests posted by companies that have been through verification, searchable by commodity, grade and country, with public listing pages anyone can respond to.
A shipping desk
Port congestion built from Lodfy's own AIS observations, a vessel watchlist, and a route planner that ranks destination ports by distance and by how many ships are currently at anchor.
Free trade tools
CIF/FOB landed-cost and commission calculators, a GOST/ASTM/ISO/GB/EN standards converter, SPA, LOI, ICPO, FCO, BCL and NCNDA templates, and a trade glossary — no account required.
How a deal works on Lodfy
- Verify. The company submits KYB documents and its officers are screened against international sanctions lists. Most complete in 24–48 hours.
- Connect. Verified companies post buy or sell requests, or respond to one. Counterparties can be invited into a shared workspace for a specific deal — invited parties are not charged.
- Exchange documents. Contracts, assays, bills of lading and inspection reports are versioned, translated and signed in one place, with an audit trail on every change.
- Move the cargo. Track lifting windows, port congestion at the load and discharge ports, and payments against the deal on a single timeline.
Related terms
Physical commodity trading involves buyers, sellers, brokers and suppliers who need to establish trust before cargo or money moves. Lodfy approaches that through standard trade terminology and industry contract templates (SPA, LOI, ICPO, FCO, BCL, NCNDA), grade equivalence through a standards converter, landed cost through CIF and FOB calculators, and market context through energy consumption data and a public marketplace.
Frequently asked questions
Onboarding takes 24–48 hours. Or talk to us first.