LTI foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://londontradingindex.com/open-account/, about the company's legal and temporary regulatory information, the company's address Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.
LTI Forex Broker
Basic information
Saint Vincent and the Grenadines
5-10 years Suspicious Regulatory License MT5 Full License White label MT4 Global Business High potential riskCompany profile
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.
Pros and Cons
| Pros | Cons |
| MT4 and MT5 offered | No regulation |
| Security measures offered | Limited trading product option |
| Various methods to funding | High 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.
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 | ❌ |
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 Type | Mini | Elite | Premium | Islamic Concept |
| Minimum Deposit | £1000 | £5000 | £10000 | £10000 |
| Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
| Hedging Allowed | ✔ | ✔ | ✔ | ❌ |
| EA (Expert Advisor) Allowed | ✔ | ✔ | ✔ | ✔ |
| Scalping Allowed | ✔ | ✔ | ✔ | ✔ |
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 Type | Mini | Elite | Premium | Islamic Concept |
| Spread | From 1.2 pips | From 0 pips | From 0 pips | From 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.
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.