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No Regulation
Score
1.31 /10
Danger
LC Markets
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index5.47
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-12-26
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| 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 |
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