EXANTE Broker Review
LHCM, a UK-based brokerage firm that is rapidly expanding, was established under the EXANTE trademark. It is a trustworthy company with all necessary licenses. It provides direct access to numerous financial instruments and markets through its proprietary platform.
LHCM Ltd was incorporated in England and Wales under number 09989858 and its registered office at 30 Churchill Place, London, E14 5RE, United Kingdom. It is authorised and regulated by the Financial Conduct Authority under reference number 789421.
Minimum deposit: €10 000
Regulator: FCA
Year: 2019
Financial instruments: 150 000+
Financial instruments:
Stocks and ETFs - More than 10,000 stocks
Forex - More than 50 currency pairs, precious metals and currencies.
Bonds - Government and corporate bonds
Futures - 500 types and varieties of futures contracts
Options - More than 6,000 options for underlying assets
Cryptocurrency - 9 types of cryptocurrencies (Bitcoin BCH, Bitcoin BTC, Monero XMR, Litecoin LTC, Dash DASH, Ethereum ETH, Zcash ZEC, Ripple XRP and XAI).
Overview
LHCM offers the opportunity to operate in the major global markets and execute high-speed orders.
Pros
The platform is intuitive and available in multiple languages
Offers more than 400'000 different instruments
Competitive mobile app
Cons
Minimum deposit amounts to 10 000 £
Can't add custom or third-party indicators.
Rating of the company overall
Reliability ⭐⭐⭐⭐⭐
Platform ⭐⭐⭐⭐
Commissions ⭐⭐⭐
Support ⭐⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐⭐
RATING: 4.6
Trading platform
LHCM's proprietary trading platform can be accessed in three different versions: desktop version, browser-based web terminal, and mobile application.
Desktop
The desktop version of the LHCM terminal can be used on all of the most popular operating systems: Windows, macOS, and Linux.
Advantages
Intuitive interface.
Interface can be used in 10 languages: German, English, Spanish, French, Italian, Polish, Thai, Traditional Chinese, Simplified Chinese.
All instruments as well as markets can be accessed from a single multi-currency account
Drag-n-drop function allows you to personalize the module
Special modules for the analysis of individual markets: options board, bond search module.
Drawbacks
Limited technical indicators for the analysis of charts. In the LHCM terminal, there are only 29 indicators available.
Users cannot add to the terminal's new in-house or third-party indicators.
Mobile
The LHCM (Exante) mobile application is available for smartphones running iOS and Android. The app allows users to trade and access all of the more than 400'00 instruments right at their fingertips.
Advantages
Intuitive interface.
Can be used in 7 languages: English, Spanish, German, Italian, Chinese, Polish.
High degree of personalization
13 timeframes for the chart display.
Drawbacks
Lacks Depth of Market functionality;
Only five technical indicators are available for chart analysis;
Lack of chat for communication with broker support.
Products
LHCM Ltd is a UK investment company that brokers financial markets under the EXANTE brand. LHCM's product line includes not only exchange-traded but also OTC financial instruments and even cryptocurrencies.
Exchange-traded Financial Instruments
LHCM broker provides its clients with direct access to more than 50 largest financial markets in the world. As a result, LHCM's clients have access to transactions in all the classic exchange-traded instruments - stocks of public companies and exchange-traded funds (ETFs), bonds, futures, and options.
OTC Financial Instruments
Along with access to exchange floors, LHCM also allows trading in over-the-counter instruments from the same single brokerage account. First of all, it is about transactions in Forex, where the company's clients have access to 50 currency pairs and precious metals - gold and silver. Also, at the LHCM trading platform, there is an opportunity to make transactions with off-exchange currency derivatives - forwards and swaps on 50 currency pairs.
Cryptocurrencies
Cryptocurrencies trading is available on the single multicurrency account in the LHCM terminal. A total of 23 cryptocurrency instruments are available to traders, including 21 currencies paired with the US dollar - Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Ripple (XRP), Litecoin (LTC), Binance Coin (BNB), Dash (DASH), Decred (DCR), EOS (EOS), IOTA (IOTA), Maker (MKR), NEO (NEO), OmiseGo (OMG), QTUM (QTUM), Amoveo (VEO), Stellar (XLM), Monero (XMR), ZCash (ZEC), 0x (ZRX), Basic Attention Token (BAT), and two indices, DeFi coin index (DEFIX) and Altcoin Index (XAI).