Reported as a scam / unregulated
Why LC Markets is on the register
LC Markets does not claim to be regulated by any financial authority but only states that it is a recognized member of the International Financial Commission (FC). However, the Financial Commission is not a regulatory body but a self-regulatory, private dispute resolution organization. Membership in the FC does not grant any license to operate as a forex broker, nor does it ensure compliance with financial regulations or provide meaningful investor protection. Additionally, LC Markets claims to be registered in Saint Vincent and the Grenadines. However, this jurisdiction has no official authority that regulates forex trading. LC Markets appears to operate without any valid regulatory license or supervision. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.