LHCM Forex broker specializes in providing foreign exchange trading services, the company's official website https://lhcm.uk/#open-an-account, the company's legitimate regulatory information United KingdomFCAInstitution Forex License (STP),United KingdomFCAEuropean Authorized Representative (EEA), to enhance the security of the company's address 30 Churchill Place London E14 5REE 1 4 5 R E UNITED KINGDOM.
LHCM Forex Broker
Basic information
United Kingdom
2-5 years Regulated in United Kingdom Institution Forex License (STP) Suspicious Scope of Business High potential riskCompany profile
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 Cons
| Pros | Cons |
| Multiple tradable assets | Suspicious fake clone FCA license |
| Demo accounts available | Single account type |
| Various contact channels | No MT4/5 |
| 24/7 customer support | High minimum deposit requirement |
| Only accept bank transfer payments | |
| Withdrawal fee charged |
Is 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 Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
| Financial Conduct Authority (FCA) | Regulated | LHCM Ltd | Institution Forex License (STP) | 789421 | |
| Financial Conduct Authority (FCA) | Suspicious Clone | XNT LTD. | European Authorized Representative (EEA) | 620980 |
What Can I Trade on LHCM?
LHCM offers 1,000,000+ instruments including forex, metals, stocks & ETFs, options, futures and bonds across 50+ markets.
| Trading Asset | Available |
| forex | ✔ |
| 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 Platform | Supported | Available Devices | Suitable for |
| Exante | ✔ | Web, desktop (Windows, mac OS, or Linux), smartphone (iOS or Android) | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
| Trading View | ❌ | / | Beginners |
Deposit and Withdrawal
Deposit Option
| Deposit Option | Supported Currencies | Min Deposit | Fee | Processing Time |
| Bank Transfer | EUR, USD, GBP | €/£10,000 | / | / |
Withdrawal Option
| Withdrawal Option | Supported Currencies | MinWithdrawal | Fee | Processing Time |
| Bank Transfer | EUR, USD, GBP, CHF, JPY, AUD, CAD, DKK, HKD, NOK, SEK, SGD | / | €/£30 or equivalent | 3-5 banking days |
Rating Index
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Latest Reviews
James7312
United Kingdom
I had a minor issue with my account setup, and the customer service team at LHCM was incredibly helpful. They guided me through the process and resolved my issue quickly. Their support has been a strong point in my overall experience with the broker.
Positive
2024-09-12
Isabella2322
United Kingdom
The trading platform provided by LHCM is intuitive and easy to navigate. I appreciate that it supports multiple languages, which makes it accessible for traders from different backgrounds. It’s been a pleasure to use, and I find myself trading more often because of it.
Positive
2024-09-12
HenryM
United Kingdom
I’ve been impressed with the commission structure at LHCM. The fees are competitive compared to other brokers I’ve used, which allows me to maximize my profits. It’s refreshing to find a broker that values its clients by keeping costs reasonable.
Positive
2024-09-12