Lockhart Trading Company Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: Hong Kong/Asia 8120 9246, Australia (Asia) Support Centre 61 2 9037 8310, European 44 20 3239 4832
Addresses: Floor 47 China Online Building 333 Lockhart Road Wan Chai HONG KONG This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.lockharttrading.com.
I am in a dispute with Lockhart Trading Company Limited over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Copy trading available|Easy withdrawals|Economic calendar
Cons: Minimum deposit could be lower
Do not be fooled by the professional-looking website. Behind the scenes, Lockhart Trading Company Limited is disorganized and incompetent. I found them after a trusted YouTuber reviewed them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Fast deposits|Regular platform improvements
Cons: Currency conversion fee exists
After spending for the past six months trying to make Lockhart Trading Company Limited work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Smooth onboarding|Real-time alerts|Quick verification
Cons: Nothing significant
Where do I even begin with Lockhart Trading Company Limited? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Regular platform improvements|Clear documentation
Cons: Search feature is basic
I joined Lockhart Trading Company Limited after seeing their ad online and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Personal attention|Regular updates
Cons: Would like more payment methods
If you are reading this considering Lockhart Trading Company Limited - run. I wish I had read more negative reviews from a blog post comparing services. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: High security standards|Good mobile app
Cons: Research section could be deeper|Wish they had more educational resources
The onboarding at Lockhart Trading Company Limited was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Responsive team|No hidden fees|High security standards|Risk management tools
Cons: Research section could be deeper
The so-called education at Lockhart Trading Company Limited is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.
Pros: Instant funding|Multi-currency support|Quick verification
Cons: Spreads widen during volatile periods|Inactivity fee applies after 12 months
Lockhart Trading Company Limited changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Dedicated account manager|Dividend tracking|No hidden fees|Tax reports included
Cons: Onboarding videos are outdated
I trusted Lockhart Trading Company Limited with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: High security standards|No hidden fees|Segregated accounts
Cons: Could offer more webinars