Reviewed broker: LMFX
Operated by Global Trade Partners Ltd.
Established in 2015
Location: Macedonia
Regulation: no
Advantages of LMFX
- Trade with higher leverage up to 1:1000
- 100% Credit Bonus and 15% Recovery bonus
- Stay up-to-date with LMFX’s Economic Calendar
- Learn from our Chief Market Analyst’s Daily Market Analysis
- Plan effectively with our useful Trading Calculators
- Easy online account management portal
- Industry-leading MT4 mobile and desktop platforms
- One click trading that is ideal for scalpers
- Protect your automated strategies with VPS hosting
- Join exciting trading competitions
WHY CHOOSE LMFX?
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.
Flexible Deposits
With a variety of methods to deposit funds makes it easy with no delays to deposit and start your trading since markets are moving fast.
Bonus Offerings
Open an account and choose the account plan that suits you most. Enjoy the benefits of the bonus that are offered (100% Credit Bonus or 15% Recovery bonus).
Join exciting trading competitions
With exciting competitions you can demonstrate your trading skills and and win amazing prizes.
24/5 multilingual support
For any assistance you require chat with the support team. Various languages are available.
Leverage from 1:1 to 1:1000
Choose among different leverages depending the account you want to open.
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.
Features
- 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.
Features
- 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.
Features
- Raw spreads with NO Markups
- Competitive commissions starting at per 1k lot
- Low minimum deposit of USD100
- Ideal for scalping and high-volume trading
LMFX Review : Trading Conditions
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
LMFX Review : 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.
Features
- 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.
Features
- 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
LMFX Review : Payments
Minimum deposit requirement: $50
Payment methods: credit cards, Fasapay, Neteller, okpay, Skrill, wire transfer
LMFX Review : 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 2023 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.
