LCM FX Review: Regulation, Spreads & Leverage
ECN/STP/Micro/Crypto/Demo broker based in Saint Vincent and the Grenadines with MetaTrader5, a $250 minimum deposit and leverage up to 1:1000.
- ECN/STP/Micro/Crypto/Demo
- 1:1000 Leverage
Your money is at risk
In this LCM FX review
LCM FX overview: what kind of broker is it?
LCM FX is an ECN/STP/Micro/Crypto/Demo forex and CFD broker based in Saint Vincent and the Grenadines, founded in 2012. LCM FX has no valid regulations.
Traders get MetaTrader5, spreads from 0.6 pips, leverage up to 1:1000 and a $250 minimum deposit. New clients can also check the current 50% redeposit bonus.
Tradable markets include Forex Currencies, Crypto, Commodities, Indices, Stocks.
LCM FX broker specifications
Company and regulation
| Broker | LCM FX |
|---|---|
| Regulated by | LCM FX has no valid regulations |
| Type of broker | ECN/STP/Micro/Crypto/Demo |
| Country | Saint Vincent and the Grenadines |
| Foundation year | 2012 |
| Website | Visit LCM FX website |
| Website languages | English, Vietnamese, Thai, and Indonesian |
Trading conditions
| Minimum deposit | $250 |
|---|---|
| Maximum leverage | 1:1000 |
| Minimum spreads | 0.6 pips |
| Base currencies | USD, EUR |
| Tradable instruments | Forex Currencies, Crypto, Commodities, Indices, Stocks |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | 50% redeposit bonus |
|---|---|
| Welcome bonus | This broker is providing a 100% welcome bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | +17844856148 |
|---|---|
| support@lcmfx.com | |
| Fax | Unavailable |
| Head office | First Floor, First St. Vincent Bank , Ltd Building James Street, Kingstown, St. Vincent and the Grenadines |
LCM FX bonus
LCM FX promotes a 50% redeposit bonus for new traders. It is a simple way to test the broker's MetaTrader5 execution, spreads and withdrawal process before you add more of your own money.
How to claim the LCM FX bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the LCM FX website before you claim.
LCM FX pros and cons
Pros
- Regulated: LCM FX has no valid regulations
- 50% redeposit bonus for new traders
- Spreads from 0.6 pips, ECN/STP/Micro/Crypto/Demo execution
- MetaTrader5 on every device
- Mini, VIP and managed accounts
- 8 deposit and withdrawal methods
Cons
- 1:1000 leverage can wipe out an account fast
- No MetaTrader 4 or cTrader
- Bonus comes with trading-volume rules
LCM FX account types
LCM FX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $250 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | No |
| Managed account | Yes |
| Segregated client funds | Yes |
LCM FX trading platforms
LCM FX runs on MetaTrader5, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
LCM FX deposit and withdrawal methods
The same 8 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is LCM FX safe and legit?
LCM FX is a regulated broker. LCM FX has no valid regulations. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
LCM FX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
About LCM FX
Will be updated soon
Who should choose LCM FX?
Good fit for
- Traders who want MetaTrader5 and raw spreads
- Bonus hunters testing a new broker
- Scalpers, hedgers and news traders
Think twice if
- You prefer MT4 or cTrader
- You are new and tempted by very high leverage
LCM FX FAQ
Is LCM FX regulated?
Yes. LCM FX has no valid regulations.
What is the LCM FX minimum deposit?
The minimum deposit to open a live LCM FX account is $250.
Does LCM FX offer a bonus?
LCM FX currently promotes a 50% redeposit bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at LCM FX?
Leverage goes up to 1:1000. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does LCM FX use?
LCM FX uses MetaTrader5.
Does LCM FX offer Islamic swap-free accounts?
No. LCM FX does not list Islamic swap-free accounts.
How can I deposit and withdraw at LCM FX?
You can use Visa, MasterCard, Bank Transfers, Fasapay, Neteller, Skrill, UnionPay and Qiwi Wallet.