General Information
LCM FX Appeared Online In 2016 (this Is When Its Website Was Registered On The Internet). Since Then, It Has Been Developed And Improved To Enable Clients To Trade Online Using Cutting-edge Technology And Tools. Quotes In The LCM FX Platform Are Displayed With A Precision Of 5 Decimal Places. Five-digit Quotes Are Better Than Traditional Four-digit Quotes Because They Allow Traders To Profit With Minimal Price Fluctuations.
LCM FX Is An STP (straight-through Processing) Broker That Offers Currency Pair And Precious Metals Trading Through MetaTrader 4. Its Clients Can Trade On Their Own, With Or Without Leverage, Connect To The MQL4 Copy Trading Platform, And Invest In MAM Accounts. The Company Does Not Ban Algorithmic Trading, But Offers Swap-free Transactions In Multiple Countries. LCM FX Is Registered With The Saint Vincent And The Grenadines Financial Services Authority (SVGFSA), So Traders From Europe, Asia And Africa Are Free To Use Its Services.
Advantages Of Trading On LCMFX:
High Leverage Of Up To 1:500 In Currencies And Up To 1:50 In Metals;
Minimum Deposit Of $100 In Standard Accounts;
MAM Services With Professional Managers For Passive Investment In Foreign Exchange Assets;
Accumulation Of Partner Rewards For Trades That Attract Traders;
No Additional Transaction Costs, Such As Maintenance, Deposit And Withdrawal Fees;
Opportunity On Mobile Devices With Different Operating Systems Conduct Transactions; Professional Support Services Are Available Online And By Phone.
Disadvantages Of LCMFX:
0.9-1 High Spreads Of 8 Pips Are Triggered By The Account Type Of All Assets;
Unable To Trade Using The ECN (Electronic Communication Network) Model;
No Bonus Programs, Fee Discounts, Trade Contests, Spread Cashback, Etc.
Trading Account Opening
If You Intend To Start Trading Assets With LCM FX, Please Create A User Account On Its Website. To Do This, Please Follow The Instructions Below:
1 To Apply For Regedit, Click The "Open A Real Account" Button On The Home Page Of The LCM FX Website.
2 Enter Your First And Last Name, Date Of Birth, Email Address And Type Of Job. The Broker Also Asks For Financial Information Such As The Planned Investment Amount, Source Of Income, Etc. Also, Create A Password And A Username Of 5 Or More Characters (they Will Be Used Later To Enter Your User Account). The Final Stage Of Registration Is To Upload Files.
Features Of The LCM FX User Account:
1. Register A Wallet And Choose The Account Type To Trade With Real Money:
2. Recharge Information:
Other Features Of The User Account:
Download The Desktop And Mobile Applications Of MT4;
Download And View General Trading Terms And Conditions, Privacy Policy, Agreements With Introducing Brokers, Etc.;
Summary Of Partner Fees For The Past 30 Days;
Submit Withdrawal Requests;
Internal Transfers Between Trading Accounts Within The Same User Account;
Create New Tickets To Apply To Technical Support And View Responses To Previously Submitted Tickets;
Change Passwords, Edit Email Addresses As Well As Setting Up Profiles And Alerts.
Account Type
LCM FX Has Only One STP Account Type With Two Configurations, Namely Standard And Pro, The Initial Deposit And Available Volume Of The Account Are Different. Regardless Of The Account Type, Traders Can Use Leverage Up To 1:500 And Trade With Floating Spreads At No Additional Cost.
Standard Trading: Maximum Trading Volume Is 50 Lots With Minimum Deposit Of $100;
Professional Trading: This Is An Account For Advanced Trading With Minimum Deposit Of $1,000. Maximum Trading Volume Is 100 Lots.
In Addition To The Real Account, This Broker Also Offers Demos, Which Can Be Opened By Clicking On The "Try Our Demo" Button On The Homepage Of Its Official Website. LCM FX Offers The Simplest And Clearest Trading Conditions, I.e. Floating Spread Accounts With No Hidden Fees. This Broker Is Not Suitable For Traders Who Prefer ECN Technology, As It Is Only Available For STP Models.
Deposits And Withdrawals
LCM FX Does Not Withhold Withdrawal Fees. This Fee Is Charged By Payment Systems And Banks Used To Facilitate Payments. The Fee For Withdrawing Funds To Crypto Wallets Via Skrill Is 1% Of The Amount Transferred. Bank Transfer Fees Are AUD 10, But Banks May Also Charge Additional Fees For International Transfers;
Minimum Withdrawal Amount Via Skrill Is $50; Bank Transfer Is $100;
The Company Processes Withdrawal Requests Within 1 Business Day, But Banks And Payment Systems Also Take Some Time To Process Transactions;
Profits Can Be Withdrawn In USD, EUR Or GBP.
Investment, Options
Active Speculative Foreign Exchange Trading Is Not The Only Activity Available To LCM FX Customers. Brokers Do Not Prohibit The Use Of Passive Strategies, Such As Making Copy Trades On MQL4.community Platforms And Investing In MAM Accounts. These Services Are Also Available To Novice Traders, As They Offer To Make Money Without Actively Trading On The Stock Exchange With Minimal Initial Investment. Another Investment Solution For LCM FX Is The Partner Program, Which Offers To Earn Additional Income Without Conducting Any Trading Activity At All.
Customer Support
The Support Department Responds To Traders' Requests Monday Through Friday From 10:00 To 17:00 (EST). For Answers To Urgent Questions, Call The Broker At The Phone Number Shown On Its Website.
Registered Address: Lucror Ltd, Suite 305, Griffith Corporate Centre, Saint Vincent And The Grenadines
Official Website: Https://www.lcm-fx.com/
Email: Support@lcm-fx.com
Phone: + 64.9.9722 150
