LMFX
LMFX
LMFX is a modern online broker offering opportunities for earning through CFD trading. The exact date of the company’s establishment is unknown as there is no information about it on the official website. The country of registration is also undisclosed, indicating the broker’s presence solely in the online sphere. Client data is promised to be securely protected, and funds are held in segregated accounts. Additionally, LMFX provides a wide range of educational materials for novice traders. Investors can trade currency pairs, stock indices, commodities, and precious metals.
Trading Conditions
LMFX offers several types of account tariffs:
- Premium Account requires a deposit of $50. With this account, clients can expect a margin requirement of 50%, leverage of 1:1000. Limit on the number of open trades – up to 100 lots, stop-out level is 20%. No broker commission.
- Fixed Account requires a minimum deposit of $250. Allows trading with leverage of 1:400, opening no more than 150 trades. Margin requirement (30%), stop-out level (15%). Commission-free trading.
- Zero Account requires a deposit of $100. Clients have access to leverage of 1:250, a broker commission of $4 per lot. Maximum number of trades – 200.
Accounts can be opened in US dollars or euros. Trading platforms available include Web Trader, Meta Trader4.
Affiliate Program and Fund Withdrawal
LMFX offers participation in an affiliate program by becoming a broker representative. Additional program conditions are available after registration on the website.
Funding the account can be done through various methods: credit and debit cards, bank transfers, and e-wallets. Commission fees, funding and withdrawal timeframes remain unknown as there is no information on the website. Clients can participate in a bonus program with a “recovery bonus” (15%) and a credit bonus (100%).
Conclusion
LMFX provides investors with convenient cooperation conditions. It is important to note the low deposits, available partnership, and bonus programs. Risks of margin trading are also emphasized. For the safety of investments, it is recommended to seek advice from a professional lawyer.