Wikilix
LCM logo

LCM

No Regulation
Turkey
Since 2023
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1000
Account Types
  • Standard
  • Zero
  • Spread only
  • VIP

Official website

lcmfx.com

Online · checked Sep 10, 2026

Also on our record

  • secure.lcmtrade.com
  • lcmtrade.com

Funding Methods

4 methods

Bank Transfer

bank transfer
Up to 3 days
Fee:Free
Fee:Free

Credit/Debit Card (Visa/MasterCard)

credit card
Instant
Fee:Free
Fee:Free

Skrill

e wallet
Instant
Fee:Free
Fee:Free

Bitcoin

crypto
Instant
Fee:Free
Fee:Free

Trust rating

High risk

36 out of 100 · 77% checked

Our investigation found it is high risk and could not be verified, and it has 7.6 years of verified history.

Regulation—Not shown

We checked LCM on 2026-10-26 across its company record, client terms, trading offer and service, and could verify 77% of its record. The score of 36 is what the checked record adds up to; nothing held it down. What would move the score: policy risk, critical clauses, language parity. Our published investigation found it is high risk and could not be verified, with 7.6 years of track record. Its client terms have not been reviewed yet.

Score last calculated 2026/10/26

No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:LCM
Founded:2023
Headquarters:Turkey
Enterprise Offices:1offices

Customer Support

Phone:
+90 212 271 00 68
Live Chat:
Available
Response Time:
—
Languages:
English
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Is LCM a scam?

Wikilix independent safety report

Read the full report
67%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5

LCM (lcmfx.com) is an unlicensed offshore broker that we rate high risk, and its deposit portal is now offline. LCM trades as 'London Currency Markets' but holds no forex licence anywhere, and it pre…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency6/10 · HighWithdrawals & conduct6/10 · HighReputation6/10 · HighWebsite claims6/10 · HighOperational history5/10 · Moderate
Editorial review
Updated

Broker Summary

What Wikilix has recorded about LCM: its history, the licences it holds, its trading conditions and its fees.

Introduction & Overview

LCM is a trading broker and financial services provider with an online platform that enables individuals or organisations to take part in different types of Financial markets. Although there isn’t a lot of publicly accessible detail regarding LCM, what we do know is included below; therefore this will serve as our guide when explaining what to consider when using this broker.

It is important that traders understand how a broker operates, the relevant regulations it falls under, its trading conditions, and finally, its user experience when using their platform. Therefore, this article provides a structured explanation of all these areas coupled with information on what "LCM" means within the Financial Services Sector.

The Background/History Of LCM is limited due to the lack of publicly-available information. LCM operates as a trading broker in the Financial Services industry, focusing on offering its customers the ability to trade on a wide variety of markets. Without publicly available historical/later records or reports regarding LCM's founding date or growth over time and leadership, it has been challenging to establish these characteristics.

Even with limited information, LCM's presence within the Trading Industry indicates its commitment to providing traders with the ability to access the markets. However, there is limited information available about LCM's history, including how it has grown and developed over time.

LCM has a number of key features, including the ability to trade on a wide range of Financial Instruments. However, as there are no specific details about the products offered by brokers in this category, typically brokers in this category offer access to Forex, Commodities, Indices and likely Cryptocurrency Trading. Limited details are provided to the public by LCM concerning its various trading accounts and trading platforms, therefore making it difficult for traders to precisely evaluate whether LCM provides suitable trading options for them.

A broker's regulatory compliance serves as an indicator of how reliable and safe a broker is; however, without more evidence of being licensed and compliant with regulations, it is impossible to determine if LCM would be a wise choice as a trader. Security and protection from regulators and regulatory bodies is paramount among traders, and none of the public resources currently available outline any evidence regarding LCM's protection from regulatory agencies.

In order to understand how compliant LCM is with their regulations, we have provided below a summary chart of information provided by the respective regulatory body(s).

Very limited publicised information exists regarding Spreads, Leverage, and Minimum Deposits; therefore, for any trader, the absence of this information creates a serious obstacle for them when determining which broker to work with. Brokers typically provide varying amounts of Leverage and competitive spread prices to attract various segments of the trader market.

LCM has not disclosed any publicly available data concerning which Trading Platforms it offers and whether it currently has Proprietary Software for its clients. The Trading Platform used by LCM influences many areas, such as a trader's speed of execution, the ease of potential misuse of their Trade System, and a trader's overall user experience.

The limiting amount of publicly available data demonstrates in the following chart the current knowledge and availability concerning all trading conditions available with LCM.

Lowered Fee Type Fee Structure

Deposit Fees: Limited public knowledge about deposits

Withdrawal Fees: Limited public knowledge about withdrawals

Commission Fees: Limited public knowledge about commissions

conclusion

LCM has yet to provide enough public available data necessary for traders to fully assess their offerings, and as such, traders should be cautious in any future interactions with LCM. The lack of public data demonstrating transparency and compliance means that traders have to conduct a significant amount of research in order to determine whether it is appropriate for them to deposit or withdraw funds with LCM. The current knowledge from this article is meant to provide a basis for understanding LCM to anyone interested.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for LCM. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for LCM. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

4 account types on record. Leverage up to 1:1000.

4 account types
AccountMin DepositMax LeverageCommission
StandardNot recorded1:1000Zero commission
ZeroECNNot recorded1:1000$10 per round lot
Spread onlyStandardNot recorded1:1000Zero commission
VIPNot recorded1:1000Zero commission
Account names and conditions as published by LCM, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

4 ways to fund an account. 4 with no deposit fee. 3 credit instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer
Processing times may vary depending on the bank and country; available in regions where LCM FX operates.
FreeFreeUSD 100USD 100Not recordedUp to 3 days
Credit/Debit Card (Visa/MasterCard)Credit Card
Processing times may vary depending on the card issuer; available where Visa and MasterCard accepted.
FreeFreeUSD 100USD 100Not recordedInstant
SkrillE-Wallet
Processing times may vary depending on Skrill account and country; available where Skrill operates.
FreeFreeUSD 50USD 50Not recordedInstant
BitcoinCryptocurrency
Processing times may vary depending on Bitcoin network and country; available where Bitcoin transactions are permitted.
FreeFreeUSD 50USD 50Not recordedInstant
Fees, limits and processing times as published by LCM, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Web Trader
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

2 domains on record. All active and served over HTTPS.

2 domains
  • secure.lcmtrade.comActiveHTTPS
  • lcmtrade.comActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

5 official channels on record.

5 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the LCM brand.

1 entity
  • LCM LLCActiveTurkeyRegistration 19038539Established Mar 13, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

LCM names LCM LTD as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
LCM LTD
Registration number
2023-00111
Jurisdiction
Saint Lucia
Registry
Registrar of International Business Companies (Saint Lucia)
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about LCM

Most Popular Questions
LCM offers customer support in English, including live chat available during business hours and email support at support@lcmfx.com. Phone support is also available via the international number +90 212 271 00 68.
LCM offers a maximum leverage of 1000.
LCM supports deposits and withdrawals via Bank Transfer, Credit/Debit Cards (Visa/MasterCard), Skrill, and Bitcoin. Processing times vary by method, ranging from instant to up to 10 working days for withdrawals.
LCM provides access to the MetaTrader 5 platform, which is available on desktop, iOS, and web trader versions. MetaTrader 5 supports trading in multiple asset classes with advanced tools.
LCM does not hold any regulatory licenses. It is classified as a broker without regulation, which may affect the level of investor protection.
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