Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

LGC

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.lgfx.net/

Website

Rating Index

Contact

https://www.lgfx.net/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
LGC
Customer Service Email Address
service@lgfx.net
Company Website
Account
Website
Company Summary
Wiki Q&A
Comment

Users who viewed LGC also viewed..

AVATRADE

AVATRADE

9.50
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
AVATRADE
AVATRADE
Score
9.50
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Mitrade

Mitrade

8.61
Score
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Mitrade
Mitrade
Score
8.61
10-15 yearsRegulated in AustraliaMarket Making License (MM)Self-developed
Official Website
CXM

CXM

8.11
Score
ECN Account10-15 yearsRegulated in United KingdomInst Market Making (MM)MT4 Full License
CXM
CXM
Score
8.11
ECN Account10-15 yearsRegulated in United KingdomInst Market Making (MM)MT4 Full License
Official Website
XM

XM

9.10
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Website

  • lgfx.net
    110.34.180.50
    Server Location
    Thailand Thailand
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Review summary

LGC is a forex broker that has been operating for 5 to 10 years and is registered in the United Kingdom. The entity holds no valid regulatory licenses for forex trading, placing it outside the oversight of major financial authorities. Its exceptionally low SkyEye score of 1.54 reflects significant structural concerns, notably a lack of credible financial regulation and a declared 'Suspicious Scope of Business'. LGC offers accounts such as ALPHA, Platinum, and Standard, featuring maximum leverage of 100:1 and spreads from as low as 0.1 pips, while permitting scalping and automated trading via Expert Advisors. However, the absence of a legitimate regulatory framework, combined with fundamental business scope warnings, presents a high-risk environment unsuitable for the majority of retail traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-20)

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with LGC?

Trading with LGC carries significant structural risks, primarily due to its unregulated status. The broker, registered in the United Kingdom and operating for 5-10 years, holds no valid licenses from recognized financial authorities for its forex trading business and has a declared 'Suspicious Scope of Business'. Its exceptionally low overall risk score reflects these fundamental concerns, placing it outside credible oversight mechanisms.

13h
United States

What is the license number of LGC?

LGC operates without a verifiable license from any major financial regulator for its forex trading activities. This means it lacks the official authorization numbers typically issued by authorities like the FCA, ASIC, or CySEC, which are standard for brokers in its stated registration region.

13h
United States

Is LGC suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose LGC or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

13h
United States

What essential information should I know before trading with LGC?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

13h
United States
View More
Write a review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com