LMFX screenshot LMFX has been established in 2015 and promises to delivery competitive trading conditions for Forex, CFDs on Commodities, Indices and Shares.

 

Trading Conditions

LMFX reviews itself as one-click trading broker, ideal for scalpers. Maximum leverage is up to 1:1,000 which is one of the highest in the industry today.

There are several account types to choose from Premium, Fixed, Zero and PAMM reviewed below:

LMFX account types

Demo account is available for newbies to work on the strategies and to get a feel of real market conditions. Demo account is unlimited, meaning that there is no day limit. If you are out of virtual money you can easily replenish the account by contacting the support. In order to get an access to demo account, new clients have to register with the broker, while existing clients can simply login to the Wallet and pen trading account directly from there.

You have selection of different spreads options based on the account you choose to trade with. Premium account, for example, gives you the traditional variable spreads, while Fixed Spreads account speaks for itself with predefined spreads and no commissions. Zero account promises to deliver tightest spreads possible with fixed commissions on Majors and Minors currency pairs.

Currency Pair Premium Spread Fixed Spread Zero Spread
AUDCAD 2.3 4.0 1.4
AUDCHF 3.2 5.9 1.4
AUDJPY 1.4 3.0 1
AUDNZD 3.5 5.6 2.5
AUDUSD 1 2.3 0.9
CADCHF 1.3 - 2
CADJPY 1.5 3.5 1.1
CHFJPY 2 5.7 1.5
EURAUD 3.6 5.4 2
EURCAD 1.5 3.5 1.4
EURCHF 1.2 4.6 1.7
EURDKK 4.5 - 3.9
EURGBP 0.6 2.2 0.5
EURHUF 16 - 16.8
EURJPY 1 2.5 1
EURNOK 19 - 14.2
EURNZD 6.1 9.0 3
EURPLN 30 - 12.3
EURRON 79 - 80
EURUSD 0.2 1.8 0.2
GBPAUD 3.5 5.9 2
GBPCAD 3 5.4 2.3
GBPCHF 2.1 6.5 1.7
GBPJPY 2.5 4.2 1.5
GBPNZD 6 9.4 5.7
GBPUSD 1.1 2.5 0.8
NZDCAD 5.5 8.1 4.6
NZDCHF 4.3 7.3 3.5
NZDJPY 1.4 4.0 1.6
NZDUSD 1.4 3.2 1.8
USDCAD 1 2.7 0.8
USDCHF 1 3.9 0.7
USDCNH 10.4 - 10
USDCZK 15 - 7
USDDKK 4 - 5.1
USDHKD 4 - 1.7
USDHUF 12.3 - 14.9
USDJPY 0.6 - 0.4
USDNOK 18 - 12.1
USDPLN 30 - 10.4
USDRON - - 69.2
USDRUB 85 - 8.1
USDSEK - - 9
USDSGD 4.3 - 3.4
USDTRY 11 - 7.6
USDZAR 115 - 101.9
ZARJPY 4 - 2.6

Trading Platform

LMFX brings you the leading MetaTrader 4 platform, supporting desktop, web and mobile versions.

LMFX MT4 Platform offers fast trade execution, deep liquidity and the highly intuitive, powerful interface that has made MetaTrader 4 the most popular trading platform so far.

MT4 has many advantages and here are just some:

User-friendly interface

9 time frames per instrument

50+ built-in indicators

Functionality to layer indicators

Advanced charting and analysis

Create and use Expert advisors (EAs)

Real-time account overview (account equity, floating P/L, etc.)

Trailing Stop Loss functionality

Payment Options

In order to open account with this broker and start trading you need minimum deposit for $50. Minimum withdrawal amount is $10. Below you can view the payment options reviewed and compared:

Method Deposits Credited Withdrawal Time

Bank Wire

2-7 working days 2-7 working days

Credit Card

Up to 30 minutes 2-10 business days

Skrill

Instant Same business day

Neteller

Instant Same business day

Fasapay

Instant Same business day

Customer Support

Educational resources are available at LMFX Education Centre along with trading tools to help you with forex basics. Tutorials include videos, webinars and reading materials along with daily market analysis and economic calendar.

 

Comments  

0 #8 Moeen 2017-02-24 16:05
Tight trading spreads on major pairs and smooth execution of orders too. Never had any problem with my deposits and profit withdrawals. Recommended broker!
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0 #7 Khangfx 2017-01-04 08:23
I had a live account with LMFX about 1 year. Overall the trading conditions are quite good with 0.01 minimal trading size and excellent spreads on Cable and other majors. The payment is really fast and no hidden fee, if you withdraw 100, you get 100 while some brokers I tried could charge you a few cents. 4.5 stars from me!
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0 #6 Jaz S 2016-10-02 17:20
the broker is surprisingly good, execution is decent, spreads are tighter than usual. so far no complaints, looking forward to my 3rd withdrawal. first two was processed easy
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0 #5 Awais 2016-09-08 10:12
I have been trading with them for the last six months. My withdrawals are processed in easy manner and order execution is good with no complaints as of now. I do recommend them as a decent broker worth giving a try.
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0 #4 Adil 2016-07-29 11:59
I am trading for almost more than one year now however i started with this broker only three months ago. I really feel that i could have found them earlier so that i could make more profits instead of the losses which i have incurred in the past with other brokers. So far the trading platform is user friendly and trades are easy to execute while the withdrawals between the said period is also processed within time. I do recommend this broker as honest and reliable too.
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0 #3 Salman 2016-07-18 09:33
Glad to have a decent broker finally. Spreads are competitive with easy deposits and withdrawals. I am quite happy with my trading as they made it more easier with their fast execution. I don't have any complaints so far.
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+1 #2 dave darrel 2016-04-26 09:17
execution is decent, spreads are impressive especially on major pairs, active support, I like the results so far, no withdrawals yet and i will update as soon as i make one.
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+3 #1 Justin 2016-02-10 10:24
- Smooth deposit/withdra wal without hassle
- Fast execution and multiple assets
- Friendly support with a new chatting system
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