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0 1 2 3 4 5 6 7 8 9
/10

LAPIS

Seychelles Seychelles | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

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Website

Rating Index

Contact

+44 203 808 5866
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license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Seychelles
Operating Period
5-10 years
Company Name
Lapis Smart Trading
Email
support@lstpro.com
Contact Number
+442038085866
Company Website
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Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • lstpro.com
    35.198.250.68
    Server Location
    Singapore Singapore
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
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    Website Name
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    Company
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Company Profile

Company Profile

Review summary

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

LAPIS Review Summary
Founded2018
Registered Country/RegionSeychelles
RegulationUnregulated
Market InstrumentsIndices, Commodities, Shares, Cryptocurrencies
Demo Account/
LeverageUp to 1:500
SpreadAverage 3.0 pips (Copper account)
Trading PlatformMT4
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.

LSTPro Review Summary

Pros and Cons

ProsCons
Low minimum depositNot regulated
Various trading productsInaccessible website
MT4 supportedHigh 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 TypeMin DepositAverage SpreadCommission
Copper$503.0 pips
Sliver$10 0001.8 pips
Gold$20 0001.5 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.

Deposit and Withdrawal

On LAPIS, traders can deposit or withdraw via credit and debit cards, bank wire, as well as the Vietnamese e-payment system baokim.vn.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is LAPIS safe and reliable?

Based on its operational profile, Lapis Smart Trading exhibits significant risk concerns. According to WikiFX data, the broker holds no valid licenses from major regulatory authorities and operates from Seychelles, a region associated with higher financial risk. The broker's overall WikiFX score of 1.58 reflects the absence of regulatory safeguards and operational concerns, including public exposure regarding fund withdrawals. For traders, this presents substantial challenges for fund security and reliable trading.

Two days ago
United States

Is LAPIS regulated?

Lapis Smart Trading is not regulated by any major financial authority. According to WikiFX assessment, the broker holds no valid forex trading licenses from recognized regulators such as the UK's FCA, Australia's ASIC, or Cyprus's CySEC. It is registered in Seychelles and operates without the oversight that mandates client fund segregation, fair execution, and dispute resolution mechanisms, which are standard protections with regulated entities.

Two days ago
United States

What is the minimum deposit of LAPIS?

Information regarding the specific minimum deposit required by Lapis Smart Trading is not publicly disclosed on its primary platforms. Typically, brokers with similar offshore profiles may advertise low entry barriers to attract clients. It is advisable to consult the broker's official website directly for the most current account funding requirements, while remaining aware of the associated risks highlighted in the regulatory assessment.

Two days ago
United States

Does LAPIS support MT4 or MT5?

Specific information on the trading platforms supported by Lapis Smart Trading, such as MetaTrader 4 or MetaTrader 5, is not explicitly detailed in its public profile. A broker's software infrastructure is a critical component of the trading experience. WikiFX data indicates a Software Index rating, but the exact platform offerings for this entity are not currently specified. Traders should verify this directly with the broker.

Two days ago
United States
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