Pros
  • Wide range of trading instruments
  • Bonus programs for traders
  • Minimum deposit $50
Cons
  • Support service specialists communicate only in English
  • No regulation
  • No educational materials or analytics

Reviewed broker: LMFX

Operated by Global Trade Partners Ltd.

Established in 2015

Location: Saint Vincent and the Grenadines

Regulation: no

Trading instruments: Currencies, stocks, energies, metals, and indexes

Trading Features and Conditions

Trade with higher leverage up to 1:1000

 Easy online account management portal

 One click trading that is ideal for scalpers

Protect your automated strategies with VPS hosting

Trading instruments: forex, gold and silver, oil, indexes, soft commodities

USA traders: accepted

Segregated accounts for client funds: yes

Trading by the phone: available

Minimum trade size: 0.01 lot

Spread types: variable, fixed

Variable spreads starting from 1.2 pips

Fixed spreads starting from 1.8 pips

Scalping: allowed

Hedging: allowed

Margin call level: 50%

Stop out level: 20%

Currency pairs: 47

Expert advisors: allowed

Maximum leverage: 1:1,000

Automated trading: available

Personalized Client Area 

Join now and use the latest client area, which uses all the latest technologies, in order to provide you the most easy and efficient way to handle your accounts.

Accounts Types

Account types: premium, fixed, zero

Premium Account 

Our Premium Account has been carefully tailored to meet the trading needs of retail FX traders and with the minimum trade size starting at 0.01 lots, this competitive account offers you the flexibility to trade up to 60 lots in a single trade.

  • Advanced trading platforms: MetaTrader, Webtrader, Mobile Trading
  • Flexible Bonus Offerings
  • Personal Account Manager
  • Competitive Spreads

Fixed Account 

Our FIX Account is the perfect solution for traders who prefer to trade with fixed spreads. As you know the spreads that you will receive in advance, this account gives you greater control over your trading and improved accuracy when calculating positions.

  • Ideal for Expert Advisors (EAs) that operate with fixed spreads.
  • Personal Account Manager
  • Competitive fixed spreads on Forex
  • Flexible Bonus Offerings

Zero Account 

Our Zero Spread Account is a low cost trading account that boasts NO markups and super-tight spreads starting from 0.0 pips! Trade on Interbank spreads with an LMFX Zero Account and bring the cost of your trading down.

  • Raw spreads with NO Markups
  • Competitive commissions starting at per 1k lot
  • Low minimum deposit of USD100
  • Ideal for scalping and high-volume trading

Trading Platforms

MT4 Platform

The LMFX MT4 Platform gives you easy access to fast trade execution, deep liquidity and the highly intuitive, powerful interface that has made MetaTrader 4 the most popular trading platform in the world.

With LMFX MT4, you have more than 50 advanced indicators and tools available to help you to analyse the price dynamics of financial instruments across nine time frames, identify trends and calculate entry and exit points, etc.

  •  User-friendly interface
  •  9 time frames per instrument
  •  50+ built-in indicators
  •  Functionality to layer indicators
  •  Access market news directly
  •  Advanced charting and analysis
  •  Create and use Expert advisors (EAs)
  •  Multiple language options
  •  Trailing Stop Loss functionality

MT4 WebTrader

LMFX is launching the most popular desktop trading platform worldwide within your web browsers.

Trade from any web browser safe in the knowledge that you will receive the same high performance, effectiveness, reliability and security as your desk top application.

Trade with ease and comfort on the new LMFX WebTrader, the user friendly, multilingual, award winning Meta Trader 4 Platform for your browser.

iPhone Trader

Trade on-the-go with the innovative LMFX iPhone Trader and experience the same advanced MT4 functionality that comes as standard on LMFX trading platforms combined with cutting-edge Apple iOS technology.

  •  Place instant and pending orders
  •  View and analyse your full trading history
  •  Easily monitor your open trades
  •  Modify open positions
  •  Set stop loss and take profit levels
  •  Analyse real-time, intraday tick charts
  •  One-click trading for market orders
  •  Real-time quotes
  •  Dynamic account overview gives you open positions, pending orders, your balance and account equity

Android Trader

he LMFX Android Trader allows you to trade the markets on-the-go on your Android devices. This advanced app packs the advanced functionality that you love from the MT4 trading terminal into a user-friendly, highly intuitive app. Take the markets with you wherever you are with LMFX Android Trader.

The LMFX Android Application requires Android OS version 2.1 or higher.

  •  More than 30 popular technical indicators
  •  Real-time quotes
  •  7 time frames
  •  3 chart types: bar, candlestick, line
  •  Full range of trade orders
  •  Set Stop Loss and Take Profit levels
  •  Close and Modify Existing Orders
  •  Real Time Profit/Loss of Live Trades
  •  View and analyse trading history
  •  Large number of languages
  •  Messaging service: MQL5 notifications, MT4 Desktop messages and LMFX messages 

Payments

Minimum deposit requirement: $50

Payment methods: credit cards, Fasapay, Neteller, okpay, Skrill, wire transfer

Learning Material and Latest Promotions

Educational material: video tutorials, market analysis

Promotions and bonuses: 15% recovery bonus applicable on first time deposit,  100% match bonus

VPS hosting: available

Customer support: phone, email, online chat, call back 

How was the rating of LMFX performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on LMFX FX broker performance and features. 

Overall our online LMFX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online LMFX or you find inaccurate details LMFX broker review please get in touch with us and the changes will be applied.   

LMFX Details

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