LHCM Broker Review
I have had the opportunity to work with a multitude of brokers. Each one has its own unique strengths and weaknesses, and it's crucial to find the one that aligns with your trading style and financial goals. Today, I will be providing an in-depth review of LHCM Ltd, a fully regulated and licensed broker in the UK.
Evaluation of Services
When evaluating a broker, several factors come into play. Here's how I would rate LHCM:
- Reliability - 5
- Utility of the Service - 4
- Diversity and Quality of Product Offer - 5
- Client Support - 5
- Fees - 4
Based on these indicators, LHCM earns a solid 4.5 rating.
Financial Instruments Offered by LHCM
LHCM provides its clients with access to a wide range of financial products, including:
- Options
- Foundations
- Futures
- Precious Metals
- Shares
- Currency Pairs
- ETFs
- Bonds
Each of these instruments can be accessed from a single multi-currency account, making it incredibly convenient for traders who deal in a variety of markets.
Shares and Foundations
LHCM offers thousands of these instruments across dozens of exchange markets, providing traders with a broad array of options.
Futures Contracts
LHCM allows its clients to trade several thousand futures contracts from multiple markets, including CME Group, Eurex, and FORTS.
Options
Options are a great diversification tool that allows traders to manage investment periods while hedging directional positions. With LHCM, options are available on futures, shares, indicators, and interest.
Bonds
Through LHCM, investors can buy thousands of bonds, providing yet another avenue for diversification.
Currency Pairs
LHCM clients can trade multiple currency pairs, catering to those interested in forex trading.
Funds
This product is suitable for investors and asset managers, offering yet another layer of versatility to LHCM's offerings.
History
LHCM Ltd is a company incorporated in England and Wales under number 09989858. It operates under the EXANTE trademark, which is owned and licensed by XNT LTD. XNT LTD has granted use of the EXANTE trading name and branding to LHCM Ltd.
Trading Platform
The LHCM platform is designed to work on every device and is organized on the basis of the modularity principle. The terminal has two modes of operation: automatic trading and manual trading.
PC Version
The desktop version of the LHCM platform is compatible with any operating system. It offers API connectivity for creating custom trading programs, market research, and algorithmic trading using automated trading systems. The platform supports 10 languages and allows for the management of multiple accounts and currencies from one profile.
Mobile Version
The mobile app works on both Android and iOS smartphones. It offers a friendly and intuitive user experience, with 13 different time intervals for exhibiting charts and support for seven languages.
Tariffs and Conditions of Trade
LHCM provides its brokerage services on the following terms:
- Shares on U.S. exchanges are trading at $0.02
- Securities on the London Stock Exchange - 0.05% of the transaction amount
- Shares on the Hong Kong Stock Exchange - 0.08% of transaction volume plus additional fees
- Precious metals - 0.005% of the transaction amount
- Futures and options on US exchanges - from $1.5
- Securities on the Xetra platform - 0.05% of the transaction amount
Final Thoughts
LHCM is a solid choice for professional traders looking for a reliable and versatile broker. Its wide range of financial products, user-friendly platform, and competitive fees make it a strong contender in the brokerage industry. However, it's important to note that LHCM does not currently accept customers who are classified as Retail. Your trading account will only be enabled if you are able to be classified as a professional or eligible counterparty.
So, is LHCM the right broker for you? That depends on your trading needs and financial goals. But based on my experience and evaluation, LHCM is definitely worth considering.
Contact Information
- Address: 30 Churchill Place, London, E14 5RE, United Kingdom.
- Phone: +44 20 3670 9945
- Email: [email protected]
- Website: https://lhcm.uk/