LCMFX review: A trading name of London Currency Markets. LCMFX provides superior online trading services and products to all traders in the trading market. LCMFX offers diverse trading instruments including Forex, Indices, Commodities and Stocks. LCMFX is regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA).
LCMFX Review – Table of Content
Security
LCMFX keeps all clients funds in segregated accounts at tier one banking institutions.
Also read: Wonderinterest: Regulated Broker Review
LCMFX Trading Platforms
LCMFX offers a MetaTrader 5 and WebTrader trading platforms.
MetaTrader 5
- Pro-level technical analysis
- Built-in Economic Calcndar
- One-click Trading
WebTrader
- 21 Time frames
- EA trading facilities
- Superior MQL5 environment with highest functionality
Trading Tools
- Economic Calendar
- VPS
- LCM News
Accounts
- Standard
- Zero
- Fixed Spread
- VIP
Costs of LCMFX
LCMFX offers maximum leverage of 1:1000, variable spreads from 0.0 pips and no minimum deposit is required. Payments can be done via bank transfers, master/visa cards, qiwi, skrill, fasapay, unionpay and neteller.
Customer Support
LCMFX offers reliable multilingual customer support 24/7 through live chat, telephone and email.
Regulation
LCMFX is regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA).
The Financial Services Authority (FSA) of St. Vincent and the Grenadines (SVG) is the primary regulatory body responsible for overseeing and regulating the financial services industry in the country. The SVG FSA was established under the Financial Services Authority Act of 2011 and has been in operation since January 2012.
The SVG FSA’s main role is to supervise and regulate the financial services sector, which includes banks, insurance companies, money service businesses, securities dealers, and other financial institutions operating in St. Vincent and the Grenadines. The FSA works to ensure that these institutions operate in a safe and sound manner, and that they comply with all relevant laws and regulations.
The SVG FSA is responsible for issuing licenses to financial institutions operating in St. Vincent and the Grenadines, and for monitoring their ongoing compliance with regulatory requirements. The FSA also conducts regular inspections of these institutions to ensure that they are operating in accordance with best practices and that they are meeting their regulatory obligations.
Conclusion of LCMFX review
LCMFX is an online broker that is regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). LCMFX provides multiple account types and reliable trading platforms to suit all types of traders at anytime, anywhere. LCMFX offers spreads as low as 0.0 pips, leverage up to 1:1000 and no minimum deposit. LCMFX also provides fast and easy deposits, trading resources, secured client accounts and 24/7 customer support.
