LC Markets Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-11-18 12:19Abstract： LC Markets is a broker. The tradable instruments with a maximum leverage of 1:400 include commodities, shares, stocks, currency pairs, crypto coins, and CDFs. The broker also provides 7 major accounts with raw spread. LC Markets is still risky due to its unregulated status, high leverage, and unspecific information about deposits and fees.
| LC MarketsReview Summary | |
| Founded | 2022-06-30 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Stocks/Currency Pairs/Crypto Coins/CDFs/Commodities/Shares |
| Demo Account | ❌ |
| Leverage | Up to 1:400 |
| Spread | Low |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Phone: +44 7537 168853 |
| Email: info@lcmarkets.net | |
LC Markets Information
LC Markets is a broker. The tradable instruments with a maximum leverage of 1:400 include commodities, shares, stocks, currency pairs, crypto coins, and CDFs. The broker also provides 7 major accounts with raw spread. LC Markets is still risky due to its unregulated status, high leverage, and unspecific information about deposits and fees.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:400 | Unregulated |
| 24/5 support | Demo account unavailable |
| Rich account types | Unspecific deposit and withdrawal information |
| Various tradable instruments |
Is LC Markets Legit?
The broker is not regulated, which makes it less safe than regulated brokers.
What Can I Trade in LC Markets?
Traders can choose different investment directions because the broker provides commodities, shares,stocks, currency pairs, crypto coins, and CDFs.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Currency Pairs | ✔ |
| Crypto Coins | ✔ |
| CDFs | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
LC Markets has 7 account types: Platinum, Gold, ECN, Standard, Swap-Free, PAMM, and MAM. PAMM is a beneficial account style for buyers who wish to spend money on trading approaches although they are not capitalized.
| Account Type | Supported |
| Platinum | ✔ |
| Gold | ✔ |
| ECN | ✔ |
| Standard | ✔ |
| Swap-Free | ✔ |
| PAMM & MAM | ✔ |
LC Markets Fees
The ECN account has a raw spread and the commission is $6 per lot.
Leverage
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
Customer Support Options
LC Markets provides 24/5 customer support; traders can contact LC Markets via phone and email.
| Contact Options | Details |
| Phone | +44 7537 168853 |
| info@lcmarkets.net | |
| Supported Language | English |
| Website Language | English |
| Physical Address | Suite 310, Griffith CorporateCentre Kingstown, SaintVincent and Grenadines |
Latest News
eToro UK Launches 4% Stock Cashback Card: Earn Up to £1,500 Monthly
WikiFXEBC Expands ETF CFD Offering & Copy Trading Education Partnership
WikiFXGold Prices Continue to Fall as Israel, Iran Agree on Ceasefire
WikiFXChina steps up push to internationalise the yuan as global dollar dominance wavers
WikiFXESMA Proposes Reporting Reforms That Could Cut Costs for Forex Brokers
WikiFXMultibank Group Offices: Global Presence and Contact Info
WikiFXExposed: Telegram Forex Groups Are Scamming Millions! Not Safe!
WikiFXBumble jumps 26% as dating company plans to axe 30% of workforce
WikiFXDrone maker AeroVironment shares pop 20% on earnings beat
WikiFXNvidia shares head for record close as Wall Street shrugs off China concerns
WikiFXRate Calc
