Score

2.21 /10
Danger

LTI

United Kingdom

5-10 years

Suspicious Regulatory License

MT5 Full License

Global Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.00

Risk Management Index0.00

Software Index8.69

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

UK FCA
2024-07-29

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

LTI · Company summary
LTI Review Summary
Founded2019
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsIndices, commodities
Demo Account
LeverageUp to 1:100
SpreadFrom 1.2 pips (Mini account)
Trading PlatformMT4 and MT5
Min Deposit£1000
Customer Support24-hour support
Email: support@londontradingindex.com
Contact form
Address: Suite 305, Griffith Corporate CentreP.O. Box 1510, Beachmont KingstownSt. Vincent and the Grenadines

London Trading Index Limited (LTI) operates from the United Kingdom. It offers various account types such as Mini, Elite, Premium, and Islamic Concept with the fixed leverage of 1:100 via the MT4 and MT5 trading platforms. But currently it is not regulated.

LTI Review Summary

Pros and Cons

Pros Cons
MT4 and MT5 offeredNo regulation
Security measures offeredLimited trading product option
Various methods to fundingHigh minimum deposit requirement

Is LTI Legit?

LTI offers many security measures such as segregation of funds, accounts with major banks, and same day withdrawal. However, it claims it is regulated by FSA. But according to the official website of FSA, there is no record that LTI is regulated. Therefore, it is not regulated by any institutions.

Is LTI Legit?

What Can I Trade on LTI?

LTI only offers commodities and indices to trade. There's no ETFs trading or bonds trading.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on LTI?

Account Type

LTI offers four types of live accounts including the Mini, Elite, Premium and Islamic Concept accounts, with the minimum deposits of £1000, £5000, £10000, and £10000 respectively. These amounts are too high for traders especially for novices.

Account TypeMini Elite Premium Islamic Concept
Minimum Deposit£1000£5000£10000£10000
Minimum Trade Size0.01 lots0.01 lots0.01 lots0.01 lots
Hedging Allowed
EA (Expert Advisor) Allowed
Scalping Allowed
Account Type

Leverage

LTI offers the maximum leverage of 1:100 for all of their accounts.

LTIFees

LTI offers the spreads from 0.0 pips for their accounts, except from the Mini accounts which offers 1.2 pips, much higher than other accounts. Besides, The Premium account charges the commissions of £3 per lot.

Account TypeMini ElitePremium Islamic Concept
SpreadFrom 1.2 pipsFrom 0 pipsFrom 0 pipsFrom 0 pips
Commission£3 per lot

Trading Platform

LTI offers MT4 and MT5 for their trading. MT4 is renowned for its user-friendly interface, customizable charts, and support for automated trading via Expert Advisors (EAs). MT5, the newer version, provides additional features such as more advanced charting tools, an economic calendar, and support for a wider range of financial instruments including stocks and futures.

Trading Platform

Deposit and Withdrawal

LTI accepts VISA, Mastercard, bank wire transfer, Skrill, NETELLER and Bitcoin to deposit and withdraw. There are no deposit and withdrawal fees but it requires the minimum deposit of £500.

Deposit and Withdrawal

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment