Brokers  /  LCMFX

LCMFX

Severe riskForex / CFD broker
🇻🇨 Saint Vincent and the Grenadines · 5-10 years · since 2019-08-19 · Lucror Ltd
Unregulated
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No sign that LCMFX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration808%
Transparency (site/info/social)5010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameLucror Ltd
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2019-08-19
Years operating5-10 years
Employees0
Official websitelcm-fx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
STANDARD TRADE1:500 (Currency) 1:50 (Metal)100 USDFrom 1.8--
PRO TRADE1:500 (Currency) 1:50 (Metal)1000 USDFrom 0.9--

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.11)

LCMFX operates without any known regulatory license, which poses a severe risk to client funds. The high leverage offerings amplify potential losses, and the jurisdiction of Saint Vincent and the Grenadines offers no formal dispute resolution or compensation schemes. Combined with limited trading instruments and lack of independent reviews, LCMFX presents a high-risk proposition for traders.

Best for
  • Traders seeking high leverage up to 1:500
  • Users who want to trade forex and precious metals with a low minimum deposit ($100)
  • Traders comfortable with unregulated brokers
Not for
  • Regulation-focused traders
  • Those requiring a wide range of instruments (e.g., indices, commodities, equities)
  • Risk-averse investors or beginners who prefer regulatory protections
Period:
What users complain about
Where reviewers are from
Vietnam2

Real user reviews

Where LCMFX operates

Based on its licenses and complaint records.

🇻🇳 Vietnam 2 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

What LCMFX says about itself as stated by the broker · not independently verified by FXCanary

Company Overview

According to LCMFX’s website, the company describes itself as a foreign and commodity broker that accepts customers globally and offers them exceptional and personalized services, unparalleled trading instruments, and the latest trading software. It states that with LCMFX, one can access global financial markets and use an award-winning trading platform MT4 and mobile apps. The company claims to offer highly competitive pricing, informative charting, and sophisticated execution technology. LCMFX says it introduces modern technologies and systematically expands the range of asset.

Account Types

LCMFX offers two main account types: Standard Trade and Pro Trade. The Standard Trade account requires a minimum deposit of $100 and offers maximum leverage of 1:500 for currency and 1:50 for metals. The Pro Trade account has a higher minimum deposit of $1,000, with the same maximum leverage conditions. The broker promotes these accounts as catering to different experience levels and capital sizes.

Trading Platforms

The broker claims to provide the MetaTrader 4 (MT4) platform, including desktop, web, and mobile versions. MT4 is described as an award-winning platform known for its advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). The website also mentions a Multi Account Manager (MAM) for professional money managers.

Trading Instruments

LCMFX lists Forex and Precious Metals as its primary product offerings. The website indicates that traders can access a range of currency pairs and precious metals like gold and silver. The broker emphasizes competitive spreads and fast execution, though specific spread details are not disclosed on the main pages.

Deposits & Withdrawals

The broker provides a dedicated page for deposits and withdrawals, but the specific methods and processing times are not elaborated in the raw snippets. The website suggests multiple payment options, likely including bank transfers, credit cards, and e-wallets, though this is not confirmed from the provided data.

About LCMFX

Overview

LCMFX is an online forex and commodity broker registered in Saint Vincent and the Grenadines. The company was established on August 19, 2019, and operates the website lcm-fx.com. It offers retail trading services to clients globally, with a focus on providing access to global financial markets through the MetaTrader 4 platform.

Regulation and Licensing

As per our verified records, LCMFX holds no regulatory license from any known financial authority. The broker is incorporated in Saint Vincent and the Grenadines, a jurisdiction that does not require forex brokers to obtain a license for offering trading services internationally. This absence of oversight is a significant factor for traders to consider.

Account Types and Trading Conditions

LCMFX offers two main account types: Standard Trade and Pro Trade. The Standard Trade account requires a minimum deposit of $100, while the Pro Trade account requires $1,000. Both accounts offer maximum leverage of 1:500 for currency pairs and 1:50 for precious metals. These leverage levels are high and carry substantial risk, especially for inexperienced traders.

Trading Platforms and Instruments

The broker provides the MetaTrader 4 platform, including desktop, web, and mobile versions. MT4 is widely recognized for its robust charting tools and automated trading capabilities. Trading instruments are limited to forex currency pairs and precious metals (gold and silver), as indicated on the website.

Target Audience

LCMFX appears to target retail traders seeking high leverage and access to forex and metal markets. The low minimum deposit for the Standard account makes it accessible to beginners, while the Pro account may appeal to more experienced traders with larger capital. However, the lack of regulation and limited product range may deter risk-averse investors.

Overview compiled by FXCanary from regulatory records and public data. full LCMFX review