London Trading Index is a contract for difference (CFD) broker that was established in 2019 in Saint Vincent and the Grenadines, with its headquarters located in London. It primarily offers CFD trading services for indices, commodities, and more. The broker's official website is: https://londontradingindex.com/, and it supports the English language. London Trading Index does not provide services to countries or regions listed on the "blacklist" or "greylist" by the Financial Action Task Force (FATF).
Company Background:
London Trading Index is an online broker registered in Saint Vincent and the Grenadines under the company entity London Trading Index Limited with registration number 25630. According to Whois information, London Trading Index's official website domain was registered on September 29, 2019.
Regulatory Information:
London Trading Index is not regulated by any regulatory authority, and it may lack some of the protections and risk mitigation measures provided by regulated brokers. The services offered by this broker come with higher associated risks.
Trading Products:
London Trading Index offers a variety of financial instruments for users to trade, including:
Indices: Index CFDs allow investors to trade based on the price performance of market indices without the need to buy or sell the actual index component stocks or assets.
Commodities: Commodity CFDs enable investors to potentially profit from price fluctuations in raw materials and resources. Commodities include items such as crude oil, copper, and iron ore. Commodity CFDs allow investors to participate in various commodity markets without physically holding the assets.
These products not only provide opportunities for investors to access different financial markets but also enable them to manage risk through diversified portfolios.
Trading Platform:
London Trading Index provides the widely recognized MT4 trading platform for users. MT4 offers a customizable interface with various technical analysis tools, customizable charts, and a range of built-in indicators like MACD, KDJ, CCI, and more to assist investors in analyzing market trends and making trading decisions.
MT4 is known for its fast and reliable trade execution, making it the preferred choice for many investors and financial institutions. The software is compatible with various devices, including PC, mobile devices, and web-based platforms, allowing investors to trade with ease.
Account Registration:
The London Trading Index official website provides a link for account registration, where users can choose to register either a demo account or a live account. The registration process includes the following steps:
Visit the London Trading Index official website and click on "Sign up" in the upper right corner.
Follow the steps to enter information such as email, password, and more to complete the account registration.
Account Types:
London Trading Index offers four types of accounts, including:
- Mini Account (spreads starting from 1.2 pips, no commission, maximum leverage of 1:100, minimum trade size of 0.01 lots, minimum deposit of £1,000)
- Elite Account (spreads starting from 0 pips, no commission, maximum leverage of 1:100, minimum trade size of 0.01 lots, minimum deposit of £5,000)
- Premium Account (spreads starting from 0 pips, £3 commission per lot, maximum leverage of 1:100, minimum trade size of 0.01 lots, minimum deposit of £10,000)
- Islamic Concept Account (spreads starting from 0 pips, no commission, maximum leverage of 1:100, minimum trade size of 0.01 lots, minimum deposit of £10,000)
Users can choose an account type that suits their trading needs.
Deposits and Withdrawals:
London Trading Index provides multiple deposit and withdrawal methods, including VISA, Mastercard, Skrill, BANK WIRE TRANSFER, and more. Investors can choose the method that suits their preferences.
Customer Support:
Investors can reach London Trading Index's 24/7 customer service through email. The broker does not offer real-time chat support, so investors may need to wait for a response and may not receive immediate answers to their queries, which could affect the user experience.
Summary:
London Trading Index offers a range of trading opportunities for users across various financial products, but it operates without regulation. Currently, the broker is marked as "Unregulated" on TraderKnows. Users should exercise caution when considering the services provided by this company, prioritize their financial safety, and avoid falling into potential scams.
