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Reviewed broker: LMFX

Operated by Global Trade Partners Ltd.

Established in 2015

Location: Macedonia

Regulation: no

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

USA traders: accepted

Trading platform: Metatrader 4, Webtrader

Payment methods: credit cards, Fasapay, neteller, okpay, skrill, wire transfer

Account types: premium, fixed, zero

Segregated accounts for client funds: yes

Trading by the phone: available

Minimum deposit requirement: $50

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

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

 

 

Comments  

0 #11 Arshad Abbas Bhatti 2017-03-22 15:00
Trade execution is easier and smooth with no requotes. The spreads are also tight and the leverage is quite good. London and US sessions are much volatile to earn good returns. All profits earned are easily withdraw-able without much hassles.
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-1 #10 Dencio 2017-03-10 13:41
on a positive note, withdrawals are processed with in the time frame, good services and actually i am amazed by the good platform response, wasnt expecting that. well done
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0 #9 Fiza 2017-03-09 15:26
Good trading platform with decent spreads and user friendly interface to execute trades. I haven't had faced any problem in my withdrawals in last four month experience since i am trading with them and they are always on time.
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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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