London Metal Exchange (LME)
Abstract：LME is an unregulated service provider of metal and financial services, which was founded in the UK in 1996. It offers products and services for non-ferrous metals, ferrous metals, EV metals, and precious metals.
| LME Review Summary | |
| Founded | 1996 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Non-ferrous metals, Ferrous metals, EV metals, Precious metals |
| Trading Platform | LMEselect (electronic) , the Ring (open outcry), the 24-hour telephone market |
| Customer Support | Tel: +44 (0) 20 7113 8888 |
| Email: chinateamdg@lme.com | |
| Address: 10 Finsbury Square, London, EC2A 1AJ | |
| Vimeo, X, WeChat, LinkedIn | |
LME Information
LME is an unregulated service provider of metal and financial services, which was founded in the UK in 1996. It offers products and services for non-ferrous metals, ferrous metals, EV metals, and precious metals.
Pros and Cons
| Pros | Cons |
| Long operation time | Limited trading products |
| Various contact channels | Lack of regulation |
| No MT4/MT5 platform |
Is LME Legit?
No. LME currently has no valid regulations. Please be aware of the risk! Besides, its domain status shows that client transferring and updating are prohibited.
What Can I Trade on LME?
| Trading Instruments | Supported |
| Non-ferrous metals | ✔ |
| Ferrous metals | ✔ |
| EV metals | ✔ |
| Precious metals | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| LMEselect (electronic) | ✔ | PC, laptop, tablet | / |
| the Ring (open outcry) | ✔ | PC, laptop, tablet | / |
| the 24-hour telephone market | ✔ | mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Read more
Space World Capital - The Forex Broker You Should Not Partner with
Explore this guide to know the scam of Space World Capital, which does not hold a regulatory license to operate forex business.
Forex Trading Lot Size: Decide it Right to Reap the Right Results
Determining the right forex trading lot size is pivotal to enjoying a long run in the forex market. Go through this guide to know how to do it.
Foraxi Joins the WikiFX Family
Explore how the addition of Foraxi to the WikiFX family opens up forex trading growth avenues for traders around the world.
Forex Trading Challenges in India
Explore this guide to understand the challenges that deter India's forex market from unleashing its true potential.
WikiFX Broker
Latest News
He Thought He Earned RM4 Million, But It Was All a Scam
WikiFXCryptoCurrency Regulations in India 2025 – Key Things You Should Know
WikiFXOctaFX Back in News: ED Attaches Assets Worth INR 134 Cr in Forex Scam Case
WikiFXTrump inaugural impersonators scammed donors out of crypto, feds say
WikiFXEthereum is powering Wall Street's future. The crypto scene at Cannes shows how far it's come
WikiFXForex Hedging: Is It a Trader’s Safety Net or Just an Illusion?
WikiFXUS debt is now $37trn – should we be worried？
WikiFXOPEC+ members agree larger-than-expected oil production hike in August
WikiFXTop Wall Street analysts are pounding the table on these 3 stocks
WikiFXDukascopy Ends EOS/USD Trading Amid Liquidity Issues
WikiFXRate Calc
