LTI Forex Broker

LTI Review SummaryFounded2019Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsIndices, commoditiesDemo Account✅LeverageUp to 1:100SpreadFrom 1.2 pips (Mini account)Trading PlatformMT4 and MT5Min Deposit£1000Customer Support24-hour supportEmail: support@londontradingindex.comContact formAddress: 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.Pros and ConsPros Cons MT4 and MT5 offeredNo regulationSecurity measures offeredLimited trading product optionVarious methods to fundingHigh minimum deposit requirementIs 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 TypeMini Elite Premium Islamic Concept Minimum Deposit£1000£5000£10000£10000Minimum Trade Size0.01 lots0.01 lots0.01 lots0.01 lotsHedging 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 TypeMini ElitePremium Islamic Concept SpreadFrom 1.2 pipsFrom 0 pipsFrom 0 pipsFrom 0 pipsCommission❌❌£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.