LAPIS Forex Broker

Note: LAPIS' official website: https://www.lstpro.com/ is currently inaccessible normally.LAPIS Review SummaryFounded2018Registered Country/RegionSeychellesRegulationUnregulatedMarket InstrumentsIndices, Commodities, Shares, CryptocurrenciesDemo Account/LeverageUp to 1:500SpreadAverage 3.0 pips (Copper account)Trading PlatformMT4Min Deposit$50Customer Support/ LAPIS is an offshore forex brokerage registered in Seychelles. It provides the MT4 platform and a leverage of up to 1:500. LSTPro offers various trading products and high spreads starting from 1.5 pips. The required minimum deposit is $50.Pros and ConsProsConsLow minimum depositNot regulatedVarious trading productsInaccessible websiteMT4 supportedHigh spreadsIs LAPIS Legit? No, LAPIS is not regulated by any regulatory body and their website is not available.What Can I Trade on LAPIS? LAPIS offers forex pairs and various CFDs – on indices, commodities, shares, as well as cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin and Dash.Tradable Instruments Supported Forex❌Indices✔Commodities✔Shares✔Cryptocurrencies✔ETFs❌Mutual Funds❌Account Type/FeesAccount TypeMin DepositAverage SpreadCommissionCopper$503.0 pips❌Sliver$10 0001.8 pips❌Gold$20 0001.5 pips❌ LAPIS has three account types for investors to choose from, namely Copper, Silver and Gold accounts, all in USD currency. Account standards are set for minimum deposits, ranging from $50 to $20,000.Leverage LAPIS offers the leverage of up to 1:500 for Copper and Sliver accounts and 1:300 for Gold accounts.Trading Platform LAPIS claims it offers desktop, mobile and web versions of the industry staple MetaTrader4 (MT4) platform, which is used by millions of traders worldwide.Deposit and Withdrawal On LAPIS, traders can deposit or withdraw via credit and debit cards, bank wire, as well as the Vietnamese e-payment system baokim.vn.