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From my personal review and examination of LME’s trading environment, I can confirm that LME operates with a very specialized set of platforms. What’s immediately evident is that LME does not support the widely popular retail platforms such as MT4, MT5, or cTrader. Instead, their trading is conducted through LMEselect (their proprietary electronic system), “the Ring” (an open outcry floor), and a 24-hour telephone market. Having spent years in the trading industry, I know that the absence of MT4 and MT5 in particular can be a substantial limitation for many traders, especially those like myself who rely on algorithmic trading, custom indicators, or a familiar interface for strategy development and execution. The specific focus on metal products and exclusion of mainstream trading instruments is further reflected in their platform offerings. LMEselect seems geared more towards institutional or very specialized professional use, rather than accommodating the broad needs of retail forex and CFD traders. From a risk management perspective, I’m especially cautious about trading on platforms that are limited in functionality or accessibility and lack regulation. For those seeking a classic and versatile trading experience, the inability to use MT4/MT5 or cTrader with LME is a decisive drawback for me. In my experience, this setup is more appropriate for specialized commodity professionals rather than typical retail traders.