lt securities Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: lt securities Account Types Overview
lt securities Account Types Explained
lt securities offers a variety of account types tailored to meet the diverse needs of traders. Below is an overview of the available account types:
1. Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.0 pips
- Leverage Options: Up to 1:500
- Key Features: Access to a wide range of trading instruments, including forex, commodities, and indices.
- Target User Profile: Suitable for beginners and intermediate traders.
- Trading Instruments Available: Forex pairs, commodities, indices.
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $3 per lot.
- Leverage Options: Up to 1:200
- Key Features: Direct market access, lower spreads, and faster execution.
- Target User Profile: Advanced traders and scalpers.
- Trading Instruments Available: Forex pairs, cryptocurrencies, commodities.
3. Pro Account
- Minimum Deposit Requirement: $5,000
- Spread/Commission Structure: Fixed spreads starting from 0.5 pips with a lower commission.
- Leverage Options: Up to 1:100
- Key Features: Enhanced trading conditions, priority support.
- Target User Profile: Professional traders and institutions.
- Trading Instruments Available: Forex, CFDs, commodities, and indices.
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account.
- Leverage Options: Up to 1:500
- Key Features: Swap-free trading in compliance with Sharia law.
- Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
- Trading Instruments Available: Forex pairs, commodities.
5. Demo Account
- Minimum Deposit Requirement: Virtual balance (typically $10,000).
- Spread/Commission Structure: Variable spreads similar to Standard Account.
- Leverage Options: Up to 1:500
- Key Features: Practice trading without risk, access to all trading instruments.
- Target User Profile: Beginners and traders looking to test strategies.
- Trading Instruments Available: Full range of instruments available in live accounts.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
Part 2: lt securities Account Features Comparison
Detailed lt securities Account Features
When considering which account type to choose, it's essential to compare the features across different accounts:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $5,000
Islamic: $100
Demo: Virtual balance
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:100
Islamic: Up to 1:500
Demo: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: Lower commission
Islamic: None
Demo: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Standard
Islamic: Micro, Mini, Standard
Demo: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Instant
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic Account.
Swap-Free Options: Available for Islamic Account.
Demo Account Features: Full access to trading instruments, practice without risk.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
Wide range of instruments
Suitable for beginners
ECN Account:
Direct market access
Lower spreads
Ideal for scalping
Pro Account:
Enhanced trading conditions
Priority support
Suitable for professional traders
Islamic Account:
Compliance with Sharia law
Swap-free trading
Suitable for Muslim traders
Demo Account:
Risk-free environment
Practice trading strategies
Full access to trading features
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
High minimum deposit
Not suitable for beginners
Islamic Account:
Limited to swap-free options
May have fewer features than standard accounts
Demo Account:
No real money involved
Limited to virtual balance
Part 3: lt securities Account Opening Requirements
lt securities Account Registration Requirements
To open an account with lt securities, applicants must meet certain eligibility criteria:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to residents of most countries, with specific restrictions on certain regions.
Prohibited Countries: Countries under international sanctions may be restricted.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID).
Proof of residence (utility bill or bank statement).
Proof of Residence Requirements:
Recent utility bill or bank statement showing the applicant's name and address.
Additional Documentation for Professional Accounts:
Business registration documents for corporate accounts.
Additional KYC documents as required.
KYC/AML Compliance Procedures:
Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is mandatory.
Verification of identity and source of funds.
Verification Time Frames:
Account verification typically takes 1-3 business days.
Part 4: lt securities Account Opening Process
Step-by-Step lt securities Account Opening Guide
Opening an account with lt securities involves several straightforward steps:
- Visit Website and Click Registration: Go to the lt securities website and locate the account registration section.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type (Standard, ECN, Pro, etc.).
- Set Trading Preferences: Specify trading preferences and leverage options.
- Document Upload: Upload required identification and proof of residence documents.
- Account Verification: Wait for the verification process to be completed.
- Fund Your Account: Deposit the minimum required amount to activate your account.
- Start Trading: Once verified and funded, you can begin trading.
- Desktop vs Mobile Registration Differences: The registration process is similar on both desktop and mobile, with mobile offering a more streamlined interface.
- Common Registration Issues and Solutions: Ensure all documents are clear and correctly uploaded to avoid delays.
- Average Account Approval Time: Typically 1-3 business days.
- How to Upgrade/Downgrade Account Types: Contact customer support for assistance with changing account types.
lt securities Demo Account Guide
The demo account offered by lt securities provides an excellent opportunity for traders to practice without financial risk.
Demo Account Features and Benefits:
Access to all trading instruments available in live accounts.
Ability to practice trading strategies in a risk-free environment.
How to Open a Demo Account:
Visit the lt securities website and navigate to the demo account section.
Fill out the registration form and submit.
Demo Account Limitations:
Virtual balance may be limited.
No access to real funds or withdrawals.
Virtual Balance Amount: Typically $10,000 for practice purposes.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Live accounts may have different trading conditions.
Duration/Expiry of Demo Accounts: Demo accounts usually remain active for 30 days, after which they may need to be renewed.
Part 6: lt securities Islamic Account (if available)
lt securities Islamic Account Details
lt securities offers an Islamic account option for traders seeking compliance with Islamic finance principles.
- Swap-Free/Islamic Account Availability: Yes, lt securities provides swap-free accounts.
- Eligibility Requirements: Must be a practicing Muslim and provide relevant documentation.
- Differences from Standard Accounts: Islamic accounts do not incur swap fees and have similar features to standard accounts.
- How to Apply for Islamic Account: Select the Islamic account option during the registration process and provide necessary documentation.
- Restrictions or Special Conditions: Must adhere to Islamic finance principles, including no interest on trades.
FAQs – lt securities Account Types & Opening
- What account types does lt securities offer?
- lt securities offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $5,000, Islamic: $100, Demo: Virtual balance.
- How long does lt securities account verification take?
- Account verification typically takes 1-3 business days.
- Does lt securities offer demo accounts?
- Yes, lt securities provides demo accounts for practice trading.
- Can I have multiple account types with lt securities?
- Yes, traders can open multiple account types as needed.
- Does lt securities offer Islamic/swap-free accounts?
- Yes, lt securities offers Islamic accounts that are swap-free.
- What documents do I need to open a lt securities account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can contact customer support to upgrade or downgrade your account type.
LT Securities accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .