LHCM Forex Broker

LHCMReview SummaryFounded2019Registered Country/RegionUnited KingdomRegulationFCAMarket Instruments1,000,000+, Forex, Metals, Stocks & ETFs, Options, Futures, Funds, BondsDemo Account✅Leverage/SpreadForm 0.3 pipsTrading PlatformExanteMin Deposit€/£10,000Customer Support24/7 supportContact FormTel: +44 20 3670 9945Email: info@lhcm.uk, lhcm.ukSocial Media: Facebook, Twitter, Instagram, YouTube, LinkedinCompany Address: 30 Churchill Place, London, E14 5RE, United Kingdom LHCM, also known as London Capital House, provides trading services to professional clients under the EXANTE trademark. It claims to offer 1,000,000+ trading instruments, including stocks & ETFs, currencies, futures, options and bonds. Currently, LHCM is authorised and regulated by the FCA with one license suspected to be a fake clone.Pros and ConsProsConsMultiple tradable assetsSuspicious fake clone FCA licenseDemo accounts availableSingle account typeVarious contact channelsNo MT4/524/7 customer supportHigh minimum deposit requirementOnly accept bank transfer paymentsWithdrawal fee chargedIs LHCM Legit? LHCM is regulated by the Financial Conduct Authority (FCA), which holds an Institution Forex License (STP) (No.789421) and a European Authorized Representative License (EEA) (No.620980). However, the European Authorized Representative License is suspected of being a fake clone, indicating that LHCM is regulated with compliance issues. Therefore, LHCM is not safe.Regulated CountryRegulated AuthorityCurrent Status Regulated EntityLicense TypeLicense NumberFinancial Conduct Authority (FCA)RegulatedLHCM LtdInstitution Forex License (STP)789421Financial Conduct Authority (FCA)Suspicious CloneXNT LTD.European Authorized Representative (EEA)620980What Can I Trade on LHCM? LHCM offers 1,000,000+ instruments including forex, metals, stocks & ETFs, options, futures and bonds across 50+ markets.Trading AssetAvailableforex✔metals✔stocks✔ETFs✔options✔futures✔funds✔bonds✔commodities❌indices❌cryptocurrencies❌Account Type Only one trading account is available on this platform.Fees LHCM's fee structure is detailed as follows: - Stocks & ETFs: Charges begin from $0.02 - Currencies: Spreads start from 0.3 - Metals: Fees start from $3 - Futures: Charges begin from $1.5 - Options: Fees start from 1.5 basis points (bps) - Bonds: Charges begin from 9 bps These fees are the starting points and may vary based on the market conditions and the trade sizes.Trading Platform LHCM claims to offer an Exante trading platform that provides direct access to all financial markets and instruments from a single multi-currency account. The EXANTE platform asserts to work on all devices, including the web, from a desktop Windows, macOS, or Linux terminal, or right from your iOS or Android smartphone.Trading PlatformSupported Available Devices Suitable for Exante ✔Web, desktop (Windows, mac OS, or Linux), smartphone (iOS or Android)/MT4❌/BeginnersMT5❌/Experienced tradersTrading View❌/BeginnersDeposit and WithdrawalDeposit OptionDeposit Option Supported CurrenciesMin Deposit FeeProcessing Time Bank TransferEUR, USD, GBP€/£10,000// Withdrawal OptionWithdrawal OptionSupported CurrenciesMinWithdrawal FeeProcessing Time Bank TransferEUR, USD, GBP, CHF, JPY, AUD, CAD, DKK, HKD, NOK, SEK, SGD/€/£30 or equivalent3-5 banking days