What is LCM FX?
Broker overviewLCM FX is an ECN / STP / Micro / Crypto / Demo forex broker founded in 2012 and based in Saint Vincent and the Grenadines. It offers forex currencies, crypto, commodities, indices, stocks on MetaTrader5.
LCM FX is regulated by LCM FX has no valid regulations. Its listed office is First Floor, First St. Vincent Bank , Ltd Building James Street, Kingstown, St. Vincent and the Grenadines.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the LCM FX bonus offers, and who the broker suits best.
- ✓Regulated since 2012 by LCM FX has no valid regulations, with segregated client funds.
- $Cost to start: $250 minimum deposit and spreads from 0.6 pips.
- ⚡Flexible trading: leverage up to 1:1000, hedging, scalping and news trading allowed.
- %Bonus: This broker is providing a 100% welcome bonus, no no-deposit bonus.
Our short verdict
LCM FX stands out for its LCM FX has no valid regulations licence, MT5 trading and flexible trading rules. The main thing to watch: higher $250 minimum deposit.
More about LCM FX
Will be updated soon
Is LCM FX safe and regulated?
LCM FX is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| LCM FX has no valid regulations | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which LCM FX company will hold your account, because protection levels can differ between regions.
LCM FX account types and trading conditions
These are the main trading conditions listed for LCM FX. It offers mini, VIP, managed accounts.
| Feature | LCM FX |
|---|---|
| Minimum deposit | $250 |
| Minimum spreads | 0.6 pips |
| Max leverage | 1:1000 |
| Execution | ECN / STP / Micro / Crypto / Demo |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | No |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
LCM FX trading platforms
LCM FX supports MetaTrader5. MetaTrader 5 adds more timeframes and better access to stocks and other non-forex markets.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Crypto, Commodities, Indices, Stocks. The website is available in English, Vietnamese, Thai, and Indonesian.
LCM FX deposit and withdrawal methods
LCM FX accepts these deposit methods:
- Visa
- MasterCard
- Bank Transfers
- Fasapay
- Neteller
- Skrill
- UnionPay
- Qiwi Wallet
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EUR. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
LCM FX bonus and promotions
These are the promotions listed for LCM FX:
Promotion offered by LCM FX. Check the broker's terms for trading volume and withdrawal conditions.
LCM FX's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
LCM FX no deposit bonus: LCM FX does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
LCM FX pros and cons
Pros
- Regulated by LCM FX has no valid regulations (since 2012)
- MT5 trading
- Hedging and scalping allowed
- News trading allowed
- Mini, VIP, managed accounts
- Free demo account
- 8+ deposit methods, including e-wallets
Cons
- Higher $250 minimum deposit
- No Islamic (swap-free) accounts
- No no-deposit bonus
- Very high 1:1000 leverage greatly increases the risk of loss
How to open an LCM FX account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $250 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT5. Practise first on a free demo account.
LCM FX customer support and contact
These are the contact details we have on file for LCM FX:
LCM FX review FAQ
Is LCM FX a regulated broker?
What is the LCM FX minimum deposit?
Does LCM FX offer a no deposit bonus?
What is the maximum leverage at LCM FX?
Which platforms does LCM FX support?
Is LCM FX good for beginners?
Final verdict: should you trade with LCM FX?
LCM FX scores 4.1 out of 5 in our review. Its strongest points are its LCM FX has no valid regulations licence, MT5 trading and flexible trading rules. Keep in mind: higher $250 minimum deposit; no Islamic (swap-free) accounts.
If your main goal is a free no-deposit bonus, LCM FX is not the right fit. Compare it with other options on our best forex brokers page before deciding.