As a professional trader, I am always on the lookout for reliable and efficient brokerage firms. My search led me to LHCM Ltd, a fully regulated and licensed company in the UK. This review aims to provide an objective analysis of the services offered by LHCM Ltd.
Overview of LHCM Ltd
LHCM Ltd is a company that operates under the EXANTE trademark, providing direct access to financial markets. The company is regulated by the Financial Conduct Authority and offers a single account for all exchanges, ensuring global market access with maximum security and minimal latencies.
Rating
Security: 5
Comfortability: 4
Financial instruments: 5
Support: 4
Commissions: 4
Products
LHCM Ltd offers a wide range of financial instruments, including exchange-traded cryptocurrencies and OTC financial instruments.
Exchange-traded financial instrument
LHCM Ltd provides access to more than 50 of the world's largest exchange platforms. Clients can trade classic exchange-traded items such as stocks of public companies, ETFs, bonds, futures, or options.
OTC financial instruments
LHCM Ltd also allows clients to trade over-the-counter instruments from a single brokerage account. This includes access to forex currency pairs, as well as gold or silver. The company offers transactions with off-exchange currency derivatives, including forwards and swaps in 50 currency pairs.
Cryptocurrencies
LHCM Ltd allows traders to trade cryptocurrencies on one account. Trading cryptocurrency CFDs includes Bitcoin (BTC), Bitcoin Cash(BCH), Ethereum® Classic (ETC), Ripple® (XRP), Litecoin® (LTC), Binance Coin (“BNB”), Dash and two indices - DeFi Index® (DEFIX), Altcoin Index® (XAI).
Trading platform
The trading platform offered by LHCM Ltd has several advantages:
Intuitive interface
10 available interface languages
Transactions on all markets and all available instruments with one brokerage account
Comfortable functions such as drag and drop
Special modules to analyze individual markets: options board, bond searching module
API connectivity for custom programming for trading and market analysis
Fees and Terms of Trading
LHCM Ltd charges brokerage commissions for transactions using the most popular financial instrument types. The fees include order execution and exchange as well as clearing. Deposits or withdrawals can only be made via bank transfer, with a withdrawal fee of EUR30 or its equivalent in another currency.
Demo account
LHCM Ltd offers a Demo account, which allows traders to use a virtual sum of one million Euros for mock trades. The trading experience on a demo account is similar to that on a live account, with real market quotes displayed after a delay of 30 seconds.
Support
The manager support service is available 24/7 via phone, email, and chat. Every customer gets a dedicated account manager.
LHCM Broker rates
Accounts on US exchanges: $0.02
Accounts at the Hong Kong Exchange: 0,08% transaction volume + extra fees
London Stock Exchange: Transaction volume = 0.05%
Xetra Stock Exchange: Transaction volume = 0.05%
Futures, options and futures on US exchanges: Starting at $1.5
Gold and Silver: 0.005% on trade volume
In conclusion, LHCM Ltd offers a comprehensive range of services for professional traders. With a wide range of financial instruments, an intuitive trading platform, and robust security measures, it is a reliable choice for those seeking to navigate the financial markets effectively.