About LaSalle
Company Overview
LaSalle Futures Group LLC is a futures trading brokerage headquartered at the historic Chicago Board of Trade building in Chicago, Illinois. The company was founded on March 27, 2019, and operates the website lasallefutures.com. It offers a range of services including broker-assisted trading, system trading, online discount trading, and managed futures.
The broker is registered in the United States but does not hold any known regulatory licences. This absence of oversight means that traders should exercise caution, as there is no external dispute resolution or investor protection scheme in place.
Services and Products
LaSalle Futures Group primarily deals in futures and options on futures across various asset classes. The broker categorises its services into four main areas: broker-assisted trading, where clients receive guidance from a broker; system trading, which involves using automated trading systems; online discount trading for self-directed clients; and managed futures, where clients delegate trading to professional commodity trading advisors (CTAs).
Products and services are tailored for individual traders, institutions, and those seeking portfolio diversification through futures. The broker does not offer retail forex or CFD trading in the traditional sense, focusing instead on exchange-traded futures.
Account Opening and Funding
Clients can open an account through an online application or by downloading and submitting paper forms. The broker does not specify minimum deposit requirements or list accepted payment methods on its website. Prospective traders are directed to contact the new accounts department for details.
Given the lack of regulatory oversight, the account opening process may involve fewer verification checks than at regulated brokers. Traders should independently verify any account terms and conditions before funding.
Trading Platforms and Tools
The broker’s website mentions 'Trading Systems Central', a section that provides access to information on trading systems and performance data. However, specific platform names (such as MetaTrader or proprietary software) are not disclosed. The broker appears to focus on system-driven trading, offering tools for backtesting and performance tracking.
For managed futures, the broker selects and monitors CTAs, but details on the evaluation methodology are not provided. Clients interested in system trading are directed to performance rankings and daily results, though the source and verification of these figures are unclear.
Customer Support and Education
LaSalle Futures Group offers customer support via phone and email, and provides a free trading kit upon request. The website includes a contact form for scheduling appointments. Educational resources appear limited to rudimentary risk disclosures and system trading links; there is no comprehensive educational library or webinar offering.
The broker’s privacy policy indicates data collection for service improvement, but given the lack of regulation, the handling of client data carries inherent risks.
Risk and Regulatory Status
LaSalle Futures Group is not regulated by any known financial authority. The website includes standard risk warnings about futures trading, highlighting the potential for loss exceeding initial deposits. However, without regulatory oversight, traders have no recourse to a compensation scheme or ombudsman in case of disputes.
Our FXCanary Scam Risk Score of 45/100 ('Guarded') reflects the absence of regulation and limited public information. Traders considering this broker should proceed with caution and conduct thorough due diligence.
Overview compiled by FXCanary from regulatory records and public data. full LaSalle review