LAPIS Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-29 14:49

Abstract：LAPIS is an offshore forex brokerage registered in Seychelles. It provides the MT4 platform and a leverage of up to 1:500. LAPIS offers various trading products and high spreads starting from 1.5 pips. The required minimum deposit is $50.

　　Note: LAPIS' official website: https://www.lstpro.com/ is currently inaccessible normally.

LAPIS Review Summary
Founded	2018
Registered Country/Region	Seychelles
Regulation	Unregulated
Market Instruments	Indices, Commodities, Shares, Cryptocurrencies
Demo Account	/
Leverage	Up to 1:500
Spread	Average 3.0 pips (Copper account)
Trading Platform	MT4
Min Deposit	$50
Customer 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 Cons

Pros	Cons
Low minimum deposit	Not regulated
Various trading products	Inaccessible website
MT4 supported	High spreads

Is 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/Fees

Account Type	Min Deposit	Average Spread	Commission
Copper	$50	3.0 pips	❌
Sliver	$10 000	1.8 pips	❌
Gold	$20 000	1.5 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.