Score

3.96 /10
Danger

LHCM

United Kingdom

2-5 years

Regulated in United Kingdom

Institution Forex License (STP)

Suspicious Scope of Business

High potential risk

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Comparison

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Score

Regulatory Index5.50

Business Index6.67

Risk Management Index0.00

Software Index4.95

License Index3.92

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

LHCM Ltd

Company Abbreviation

LHCM

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The United KingdomFCA regulation (license number: 620980) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

LHCM · Company summary
LHCMReview Summary
Founded2019
Registered Country/RegionUnited Kingdom
RegulationFCA
Market Instruments1,000,000+, Forex, Metals, Stocks & ETFs, Options, Futures, Funds, Bonds
Demo Account
Leverage/
SpreadForm 0.3 pips
Trading PlatformExante
Min Deposit€/£10,000
Customer Support24/7 support
Contact Form
Tel: +44 20 3670 9945
Email: info@lhcm.uk, lhcm.uk
Social Media: Facebook, Twitter, Instagram, YouTube, Linkedin
Company 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.

LHCM's homepage

Pros and Cons

ProsCons
Multiple tradable assetsSuspicious fake clone FCA license
Demo accounts availableSingle account type
Various contact channelsNo MT4/5
24/7 customer supportHigh 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 CountryRegulated AuthorityCurrent Status Regulated EntityLicense TypeLicense Number
UK
Financial Conduct Authority (FCA)RegulatedLHCM LtdInstitution Forex License (STP)789421
UK
Financial Conduct Authority (FCA)Suspicious CloneXNT LTD.European Authorized Representative (EEA)620980
Regulated by FCA
Suspicious clone FCA license

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 AssetAvailable
forex
metals
stocks
ETFs
options
futures
funds
bonds
commodities
indices
cryptocurrencies
What Can I Trade on LHCM?

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.

Fees

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/Beginners
MT5/Experienced traders
Trading View/Beginners
Exante

Deposit and Withdrawal

Deposit Option

Deposit Option Supported CurrenciesMin Deposit FeeProcessing Time
Bank TransferEUR, USD, GBP€/£10,000//

Withdrawal Option

Withdrawal OptionSupported CurrenciesMinWithdrawal FeeProcessing Time
Bank TransferEUR, USD, GBP, CHF, JPY, AUD, CAD, DKK, HKD, NOK, SEK, SGD/€/£30 or equivalent3-5 banking days

User Reviews

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User comment

8

Comments

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HenryM
3-6months
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.
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.
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2024-09-12 18:04
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James7312
3-6months
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.
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.
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2024-09-12 17:54
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