LCM FX Review 2024
Minimum
deposit:
  • $100

Trading platform:

  • MetaTrader4
Regulation:
  • SVGFSA
Bonus for deposit:
  • 0%

LCM FX Review 2024

Updated:
Updated: October 06, 2023
Your capital is at risk.

3.06

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $100

Trading platform:

  • MetaTrader4
Regulation:
  • SVGFSA
Bonus for deposit:
  • 0%

Note!

We’ve identified your country as US US

Traders Union experts have analyzed all companies providing trading services in your country legally and compiled a rating of the best companies that offer the best working conditions, have reliable reputation and the highest number of positive reviews among traders on our website.

We’ve selected the Top 5 Best Brokers in US for you:

Start Trading with eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of LCMFX Trading Company

LCMFX is a broker with higher-than-average risk and the TU Overall Score of 3.06 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by LCMFX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. LCMFX ranks 312 among 406 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

LCM FX specializes in STP trading and offers a limited choice of trading instruments. It is suitable for independent trading and investment activities within the Forex market, but the trading conditions of LCM FX still cannot be called universal.

LCM FX is an STP (straight-through processing) broker that provides for trading currency pairs and precious metals through MetaTrader 4. Its clients can trade on their own with or without leverage, connect to the MQL4 copy trading platform, and invest in MAM accounts. This company does not prohibit algorithmic trading but swap-free trades are available in several countries. LCM FX is registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA), so traders from Europe, Asia, and Africa can freely use its services.

💰 Account currency: USD, EUR, and GBP
🚀 Minimum deposit: $100
⚖️ Leverage: 1:1 - 1:500
💱 Spread: Standard Trade - from 1.8 pips;
Pro Trade - from 0.9 pips.
🔧 Instruments: Currency pairs and metals
💹 Margin Call / Stop Out: 75%/50%

👍 Advantages of trading with LCMFX:

  • High leverage up to 1:500 for currencies and up to 1:50 for metals;
  • Minimum deposit for the Standard account is $100;
  • Availability of MAM service with professional managers for passive investment in Forex assets;
  • Accrual of partner rewards for the trading of attracted traders;
  • No additional trading costs such as maintenance, deposit, and withdrawal fees;
  • Opportunity to trade on mobile devices with different operating systems;
  • Professional support services are available online and by phone.

👎 Disadvantages of LCMFX:

  • High spreads from 0.9-1.8 pips are triggered by the account type for all assets;
  • Trading with the ECN (Electronic Communication Network) model is not available;
  • No bonus programs, fee discounts, trading contests, cash back on spreads, etc.

Evaluation of the most influential parameters of LCMFX

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

2.59

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

1.10

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

4.43

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

4.02

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

2.17

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

2.07

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

1.72

/10

Geographic Distribution of LCMFX Traders

Popularity in

62.36%
CA
Canada
18.3%
US
United States
6.64%
NL
Netherlands
4.26%
AU
Australia
0.84%
GB
United Kingdom
0.5%
PK
Pakistan
0.49%
AE
United Arab Emirates
0.21%
IN
India
0.4%
Others
Others

LCM FX Latest Comments for 2023 i

6 comments
Total score:
2.7 /10

Share your experience

  • Best
  • Last
  • Oldest
Avatar
Avatar
EsielKi
1 year ago

The customer support is just terrible at LCMFX. After talking with them, the desire to trade in this company was gone. I believe that support is the face of the company, therefore it is not acceptable for such people to work in support. I'll look for a better company.

Avatar
Avatar
MichaelNurI
2 years ago

LCMFX has only two account types - Standard and Pro. I chose the standard one because I wasn't ready to pay a thousand dollars right away. Of the platforms, only MT4 is available. By the way, it works fine: for the month of my trading, it hung up 5 times in total. Expert Advisors are allowed here, but you should not connect them at such a speed, otherwise you will go deep into a loss. But for intraday trading, a broker may be suitable. There are no commissions per lot, spreads are from 2 pips. The choice of instruments is rather limited: currency pairs and metals are all there. For passive income, LCMFX offers only MAMs. Affiliate programs are designed for organizations, not for private traders who want to make money by connecting referrals.

Avatar
Avatar
john
2 years ago

These LCMFX scammers make frequent calls to potential clients. And they psychologically pressure them to replenish their account with at least $ 5,000. And then they take the account management into their own hands and let it all go. Read the reviews, a lot of clients were deceived by LCMFX managers.

Avatar
Avatar
isholamyk
2 years ago

There is a big problem with the withdrawal of funds. Three weeks have passed since the withdrawal order was issued, the money is hanging on the deposit, requests remain unanswered.

Avatar
Avatar
Hazuno
2 years ago

Broker LCMFX is a scam. Managers call clients and persuade them to replenish their trading account in the amount of $ 5,000 or more. But then this money does not go to the client's account. Several times I received answers from the finance service that my money did not come to LCMFX. But my bank said the money was sent within two days. And it's good that my bank manager started the chargeback procedure. This is the only reason why I can hope that the money will be returned to me. Don't trust LCMFX scammers.

Avatar
Avatar
syarrah
2 years ago

Hello. I thought LCMFX was a serious company, everything was professional, everything was fine in the beginning. But I received the first warning signals. Here is the 4th day I can not withdraw. They said that the application is processed in sequence within 2 days. Then they said that the company, for technical reasons, cannot withdraw to a bank card. It's hard to believe, a company like LCMFX can't map ...

Expert Review of LCMFX

LCM FX appeared on the net in 2016 (this is when its website was registered on the internet). Since then, it has been developed and improved to enable clients to trade online using cutting-edge technologies and tools. Quotes in LCM FX platforms are displayed with an accuracy of 5 decimal places. Five-digit quotes are better than traditional four-digit ones because they allow traders to earn on minimal price fluctuations.

LCM FX offers only instant execution, that is, all orders are executed at the price specified in the platform. If the asset price changes, this broker does not execute the trade, and the trader receives a requote. Instant execution, despite its name, is inferior to market execution in terms of speed, so it may not be suitable for some strategies. The broker's fees are not the lowest on the market, however, there are no hidden ones. All LCM FX fees are included in spreads.

The company has a limited choice of account types. It does not offer cent or ECN accounts, so LCM FX is only suitable for those traders who are comfortable with trading using STP technology. Another drawback of the broker is the very limited range of trading assets. The number of currency pairs does not exceed 30, which does not reach the level of popular Forex brokers that offer 50 or more pairs.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of LCMFX’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Active speculative Forex trading is not the only activity available to LCM FX’s clients. The broker does not prohibit the use of passive strategies, such as copy trading on the MQL4.community platform and investing in MAM accounts. These services are also available to novice traders, since they provide for earning money without active trading on the stock exchange with minimal initial investment. Another investment solution of LCM FX is partnership programs, that provide for receiving additional income without any trading activity at all.

MAM accounts from LCM FX

MAM (Multi-Account Manager) is a service that allows a trader to transfer their funds to the management of an experienced trader. LCM FX offers two main options for profit/loss distribution: proportional to balance or equity. Key features of the MAM MT4 system from LCM FX are:

  • Minimum volume of manager's trades is 0.01 lots, and available order types are Market, Limit, and Stop;

  • Managers can use expert advisors (EAs) and accept funds from an unlimited number of investors;

  • Trading conditions on the investors' accounts and the manager's account are completely the same; nor does the basic account currency differ;

  • Investors cannot interfere with the manager's trading, thus changing or canceling an open position is not available.

An experienced trader who has a permit or a license to carry out activities related to money management can become a MAM manager. Another obligatory condition for registering as a manager is to deposit at least $5,000 to the trading account balance. The parties to the service draw up a Limited Power of Attorney (LPOA), which is an agreement that allows managers to perform certain functions on behalf of investors.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Partnership programs from LCM FX:

  • Introducing Broker (IB). The IB can be either a company or an individual. After registering as an Introducing Broker, you need to bring new clients to LCM FX. An IBs reward is calculated depending on their trading volume, i.e., the number of closed lots;

  • Regional Partner (RP). This is a flexible terms program for individuals and companies who want to offer services on behalf of LCM FX in their region. A three-level fee system is applied. Regional representatives can connect not only retail traders but also IBs, thereby increasing profits;

  • White Label. Unlike IB and RP, White Labels are not tied to the LCM FX brand but only use this company's technologies and best practices to build their own business. White Labels determine the cost of services for individual clients such as the amount of non-trading fees and spreads;

  • Money managers. This program invites experienced account managers who have the appropriate license. MAM managers receive a reward for successful block trades on sub-accounts connected to their accounts. Profits can be distributed depending on equity or balance, also there are individual conditions upon request.

Learn more about partnership programs from representatives of the Partner Department.

Trading Conditions for LCMFX Users

Trading leverage on LCM FX accounts depends on the type of asset traded: the maximum value for currencies is 1:500, and for metals it is 1:50. Spreads are floating and start from 0.9-1.8 pips depending on the account type. The broker does not charge any additional trading fees. The deposit and account currencies are USD, EUR, and GBP. It is allowed to use trading apps for algorithmic trading, such as expert advisors. Before opening a live account, you can test the LCM FX conditions on a demo account.

$100

Minimum
deposit

1:500

Leverage

7/5

Support

💻 Trading platform: МetaТrader 4 (desktop and mobile versions)
📊 Accounts: Demo, Standard Trade, and Pro Trade
💰 Account currency: USD, EUR, and GBP
💵 Replenishment / Withdrawal: Cryptocurrencies, Skrill, and wire transfers
🚀 Minimum deposit: $100
⚖️ Leverage: 1:1 - 1:500
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: Standard Trade - from 1.8 pips;
Pro Trade - from 0.9 pips.
🔧 Instruments: Currency pairs and metals
💹 Margin Call / Stop Out: 75%/50%
🏛 Liquidity provider: Own liquidity aggregator
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Instant 
⭐ Trading features: Expert advisors, custom advisors,
and indicators are allowed;
Trading fees are included in spreads.
🎁 Contests and bonuses: Yes. Bonuses in the form of recurring rebates from Traders Union
Your capital is at risk.

Comparison of LCMFX with other Brokers

LCMFX RoboForex Eightcap Exness Pocket Option FxGlory
Trading
platform
MetaTrader4 MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader MT4, MT5 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 Pocket Option, MT5, MT4 MT4, MobileTrading, MT5
Min deposit $100 $10 $100 $10 $5 $1
Leverage From 1:1
to 1:500
From 1:1
to 1:2000
From 1:30
to 1:500
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:3000
Trust management No No No No No No
Accrual of % on the balance No No No No No 8.00%
Spread From 1.8 point From 0 points From 0 points From 1 point From 1.2 point From 2 points
Level of margin call
/ stop out
75%  /  50% 60%  /  40% 80%  /  50% No  /  60% 30%  /  50% 20%  /  10%
Execution of orders Instant Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Instant Execution, Market Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No No

Broker comparison table of trading instruments

LCMFX RoboForex Eightcap Exness Pocket Option FxGlory
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto No No Yes Yes Yes No
CFD Yes Yes Yes Yes Yes Yes
Indexes No Yes Yes Yes Yes No
Stock No Yes Yes Yes Yes No
ETF No Yes No No No No
Options No No No No No No

LCMFX Commissions & Fees

Information
This broker offers STP accounts where all trading fees are included in the spread. Both account types use floating spreads of 1.8 pips for the Standard account, and 0.9 pips for the Pro. The broker does not charge a fee for financial transactions; however, clients are charged a fee by some payment systems. The fees are 1% of the amount for cryptocurrency transactions, and 10 AUD when depositing and withdrawing funds by bank transfer. The fee for deposits through Skrill is 5%, and for withdrawals, it is 1% of the withdrawal amount. There is no fee for inactivity on the account or its maintenance by this company.
Account type Spread (minimum value) Withdrawal commission
Standard $18 Charged by payment systems and banks
Pro $9 Charged by payment systems and banks

Swaps are charged when an open position is rolled over to the next trading day. They are calculated taking into account the difference in interest rates on the basic and quote currencies, so they can be both negative and positive. TU experts have compiled a comparative table of LCMFX’s fees and those of similarly situated brokers.

Broker Average commission Level
LCMFX $13.5 High
RoboForex $1 Low
Pocket Option $8.5 Medium
Logo LCMFX
$13.5
$1
$8.5

Detailed review of LCM FX

LCM FX is an STP and No Dealing Desk (NDD) broker. This company redirects quotes from several reputable providers to its own liquidity aggregator to ensure that each client has an order executed at the best price possible at the time of the trade. Working with LCM FX, traders can earn on independent, algorithmic, and social trading. Also, partnership programs and MAM accounts are available.

LCM FX by the numbers:

  • This company's website was created over 7 years ago;

  • 30 trading instruments are available;

  • 4 types of partnership programs for companies and individuals;

  • Leverage up to 1:500 to all clients.

LCM FX is a broker for online trading in the over-the-counter market on variable terms

LCM FX allows its clients to execute trades with 28 currency pairs, gold, and silver. The broker provides for transferring positions overnight with positive swaps. For example, you can earn additional profit on short swaps when trading metals, as well as EUR/USD, NZD/USD, GBP/USD, GBP/CAD, EUR/CAD, and AUD/CAD pairs. Positive long swaps apply to AUD/CHF, CAD/CHF, GBP/CHF, USD/CHF, USD/SEK, and other pairs. The margin for gold and silver is 1%, for currencies with leverage of 1:100, it is 1%; with 1:200 leverage, it is 0.5%; and with 1:500, it is 0.2%. Contract size is 100,000 units of basic currency for currency pairs, 100 ounces for gold, and 5,000 ounces for silver.

To start trading through LCM FX, traders must download MetaTrader 4 to a device that will make it easier for them to buy and sell assets. Desktop versions for Windows/Linux and mobile apps for Android/iOS are available. This company does not provide access to WebTrader.

Useful services offered by LCM FX:

  • Forex calendar from myfxbook.com. It displays market sentiment for a particular asset, changes in its price, and historical data for 5 or more years. The calendar also indicates the level of influence (low, medium, or high) of a certain event or financial indicator on the further movement of the market;

  • FAQs. This section contains answers to the most relevant questions for a potential LCM FX client;

  • Blog. It publishes reviews on various assets, Forex news, and useful information for novice and experienced traders;

  • Demo account. It’s a virtual account for training, improving your own strategy, and checking the effectiveness of advisors in the LCM FX trading environment.

Advantages:

1

Easy account creation and quick document verification allows a new client to start trading within 24 hours as of completing the registration form;

2

The broker has loyal deposit requirements, which are $100 for novice traders, and $1,000 for professionals;

3

LCM FX allows its clients to deposit and withdraw cryptocurrencies;

4

This company offers the classic MetaTrader 4 platform for online trading;

5

Existing clients of this broker can earn additional profit by attracting other traders.

LCM FX provides its clients with all the services and tools necessary for high-quality trading. The range of trading assets is not as wide as that of its competitors, but they provide high leverage and favorable swap conditions.

Guide on how traders can start earning profits

LCM FX has only an STP account type available in two configurations, namely Standard and Pro. Accounts differ in the initial deposit and the available trading volume. Regardless of the account type, traders can use leverage up to 1:500 and trade with floating spreads without additional fees.

Account types:

Account Type
Description
Standard Trade
Maximum trading volume is 50 lots and the minimum deposit is $100;
Pro Trade
It is an account for advanced trading with a minimum deposit of $1,000. Maximum trade volume is 100 lots.

In addition to live accounts, this broker offers a demo, which can be opened by clicking the “Try Our Demo” button on the main page of its official website. LCM FX offers the simplest and clearest trading conditions, which are floating spread accounts with no hidden fees. The broker is not suitable for traders who prefer ECN technology, as it works exclusively on the STP model.

Bonuses from LCM FX

There is no information about bonuses on the LCM FX website, which indicates that they are not available at the time of writing this review. Bonus programs provide for using the funds given by this broker in trading. LCM FX does not provide such an opportunity, so traders can use only their own capital.

Investment Education Online

Information

Forex novice traders will not be able to use LCM FX to learn how to trade, as this company does not pay due attention to training. An introduction to trading financial instruments is available in the FAQs section of the website, but these are just the basics, which will not be enough for comprehensive understanding of the subject.

Information available with LCM FX
Information not available on the LCM FX website
Placing and changing a stop loss/take profit order
Extended glossary
Meaning of margin and a formula for its calculation
Basics of fundamental analysis
Swap interpretation
Technical analysis by indicators
Trigger price for an order
Types of trading strategies and how to choose the right one for yourself
Difference between demo and live accounts
Managing emotions when trading Forex
Downloading custom advisors and indicators on MT4
Risks of margin trading and ways of limiting them

Traders should practice on a demo account so as not to lose all their funds when they start trading. Trading with virtual funds is an effective tool for developing practical skills for trades with assets.

Security (Protection for Investors)

Information

LCM FX is incorporated in Saint Vincent and the Grenadines. It is included in the list of offshore zones, so all companies registered on its territory may not submit annual financial statements.

SVGFSA does not control the activities of Forex brokers. Its task is to enter companies into internal registers. All this negatively affects the security of LCM FX, because, in fact, its activities are not monitored by anyone.

👍 Advantages

  • Registration with SVGFSA provides for high leverage to this broker’s clients
  • LCM FX provides its services to traders worldwide
  • Traders without proven investment or trading experience can become this broker’s clients
  • Contact Traders Union’s legal department for a consultation and representation. It protects its members’ rights without charge.

👎 Disadvantages

  • LCM FX is not controlled by any regulator
  • This broker’s clients have no opportunity to receive compensation if this broker suspends its activities
  • Client funds are held in an offshore zone

Withdrawal Options and Fees

  • LCM FX does not withhold a withdrawal fee. This fee is charged by payment systems and banks used to facilitate payments. The fee for withdrawing funds to crypto wallets and via Skrill is 1% of the transfer amount. A bank transfer will cost 10 AUD, but the bank may also charge an additional fee for international transfers;

  • The minimum withdrawal amount via Skrill is $50; and by bank transfer, it is $100;

  • This company processes withdrawal requests within 1 business day, but banks and payment systems also take some time to process transactions;

  • Profits can be withdrawn in USD, EUR, or GBP.

Customer Support Service

Information

Support responds to traders' requests Monday through Friday from 10:00 to 17:00 (EST). To get an answer to an urgent question, call this broker at the phone number indicated on its website.

👍 Advantages

  • Communication via phone is available

👎 Disadvantages

  • Live chat is not available
  • Support does not work 24/7

To contact LCM FX’s representative, you can use:

  • email;

  • telephone;

  • feedback form;

  • Skype, Facebook, X, and LinkedIn.

If traders have an account with LCM FX, they can describe their problem or ask a question using tickets in their user accounts.

Contacts

Foundation date 2017
Registration address Lucror Ltd, Suite 305, Griffith Corporate Centre, Saint Vincent and the Grenadines
Regulation
Official site
Contacts
Your capital is at risk.

Review of the Personal Cabinet of LCM FX

If you plan to start trading assets with LCM FX, create a user account on its website. For this, use the instructions below:

1

To request a registration form, click the “Open Live Account” button on the main page of the LCM FX website.

Review of LCM FX’s User Account — Home page
Review of LCM FX’s User Account — Home page
Review of LCM FX’s User Account — Home page
Review of LCM FX’s User Account — Home page
2

Enter your first and last names, date of birth, email address, and type of employment. The broker also asks for such financial information as the planned amount of investment, source of income, etc. Moreover, create a password and a username of 5 or more characters (they will be used later to enter your user account). The last stage of registration is uploading documents.

3

Functions of LCM FX’s user account:

1. Registering a wallet and choosing the account type for trading with real money:
Review of LCM FX’s User Account — Open a trading account
Review of LCM FX’s User Account — Open a trading account
2. Deposit information:
Review of LCM FX’s User Account — Deposit funds
Review of LCM FX’s User Account — Deposit funds
1. Registering a wallet and choosing the account type for trading with real money:
Review of LCM FX’s User Account — Open a trading account
Review of LCM FX’s User Account — Open a trading account
2. Deposit information:
Review of LCM FX’s User Account — Deposit funds
Review of LCM FX’s User Account — Deposit funds

Additional features of the user account:

  • Download the desktop version and mobile application of MT4;

  • Download and review general terms and conditions of trading, privacy policy, agreements with the introducing broker, etc.;

  • Summary of partner fees for the last 30 days;

  • Submission of withdrawal requests;

  • Internal transfers between trading accounts within the same user account;

  • Create new tickets to apply to technical support and viewing responses to previously submitted tickets;

  • Change your password, edit your email address, and set up your profile and alerts.

Disclaimer:

Your capital is at risk. Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
LCMFX Review LCMFX Review

Articles that may help you

Top 10 Best Forex Brokers With welcome Bonuses 2024
For Beginners
Top 10 Best Forex Brokers With welcome Bonuses 2024
Oleg Tkachenko - March 2024
Top 10 Best Forex Brokers in the World in 2024
For Beginners
Top 10 Best Forex Brokers in the World in 2024
Richard Best - March 2024
Best PayPal Forex Brokers in 2024
For Beginners
Best PayPal Forex Brokers in 2024
Oleg Tkachenko - March 2024
17 Best Managed Forex Accounts in 2024
For Beginners
17 Best Managed Forex Accounts in 2024
Oleg Tkachenko - March 2024
Best Cent Account Forex Brokers Compared (2024)
For Beginners
Best Cent Account Forex Brokers Compared (2024)
Oleg Tkachenko - March 2024
Top Low (Tight) Spread Forex Brokers
For Beginners
Top Low (Tight) Spread Forex Brokers
Mikhail Vnuchkov - March 2024
7 Best Free Forex Signals for Trading in 2024
For Beginners
7 Best Free Forex Signals for Trading in 2024
Oleg Tkachenko - March 2024
What Is The Best Forex Trading Robot? Free Download
For Beginners
What Is The Best Forex Trading Robot? Free Download
Vuk Martin - March 2024
Top 9 Best Forex Signals Providers in 2024 With High Win Rate
For Beginners
Top 9 Best Forex Signals Providers in 2024 With High Win Rate
Andrey Mastykin - January 2023
Best Social Trading Platforms in 2024
For Beginners
Best Social Trading Platforms in 2024
Andrey Mastykin - July 2023
What Is The Best Forex EA For MT4
For Beginners
What Is The Best Forex EA For MT4
Vuk Martin - January 2024
Richest Forex Traders - Trading Secrets & Life Stories
For Beginners
Richest Forex Traders - Trading Secrets & Life Stories
Oleg Tkachenko - March 2024
Is Forex Trading Halal or Haram? - Halal Investment Guide
For Beginners
Is Forex Trading Halal or Haram? - Halal Investment Guide
Alamin Morshed - January 2024
Forex.ee Review 2024
For Beginners
Forex.ee Review 2024
Anton Kharitonov - January 2023
Fondex Review 2024
For Beginners
Fondex Review 2024
Anton Kharitonov - January 2023
ECN.Broker Review 2024
For Beginners
ECN.Broker Review 2024
Anton Kharitonov - January 2023

FAQs

Do reviews by traders influence the LCMFX rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about LCMFX you need to go to the broker's profile.

How to leave a review about LCMFX on the Traders Union website?

To leave a review about LCMFX, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about LCMFX on a non-Traders Union client?

Anyone can leave feedback about LCMFX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Traders Union Recommends: Choose the Best!

Logo IG Markets
Logo eToro
Open an account
Your capital is at risk. 
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.
Logo OANDA
Open an account
Your capital is at risk.