lmfx Review: Pros & Cons | Updated for 2025
This lmfx review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about lmfx to give you the most comprehensive guide available.
lmfx is a leading trading partner that was founded in 2016. They have around 260 employees that help the company offer Financial Markets Access, to 10,000+ customers through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
lmfx Guide – Read our In-Depth lmfx Review
lmfx Rating: 4.85 / 10
This lmfx review page contains information about investing with lmfx. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of lmfx does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This lmfx review contains the most recent information about lmfx.
If you are a new entrant in the realm of trading online and brokers, so many facts will no doubt be perplexing for you. Getting into the world of online trading requires expert analytical skills and thorough understanding. You'll get proficient at all the concepts of online trading and brokers as you keep trading. For starters, you need to select the ideal agent who'll consistently be clear with you.
In the fast-paced world of financial markets and online trading, you'll need guidance to make correct decisions. A professionally lead investment partner could aid you in minimising any potential losses and maximising any returns. lmfx is just one such stage which can help you. It's important that you know about any broker before you trust them with your cash.
When engaging in online trading with platforms such as lmfx, it's crucial to thoroughly evaluate lmfx as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your lmfx investments to prosper. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and comprehensive in your lmfx broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of lmfx, its track record, and reputation is vital. Moreover, ensure the lmfx broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, lmfx should be a trusted partner on your trading journey.
Our team has worked diligently to simplify the intricate world of trading with lmfx into easily understandable information in this lmfx review. Our goal is to equip you with the knowledge necessary to confidently use lmfx trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with lmfx are the cornerstone of successful trading. As such, we've provided this detailed lmfx review. So, settle in, grab a cup of coffee, and immerse yourself in learning about lmfx and how it can benefit you, or if lmfx might not be the right fit for you.
lmfx Review for 2025 – Quick Summary
lmfx Telephone: | |
lmfx Support Email: | |
lmfx Address: | |
Year Founded: | 2016 |
Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271 |
Hedquarters: | Anguilla |
Minimum Deposit: | $250 |
Number Of Clients: | 10,000+ lmfx users and traders |
lmfx LinkedIn: | |
lmfx Facebook: | |
lmfx Facebook Likes: | 0 |
lmfx Twitter: | @ |
lmfx Twitter Followers: | 0 |
lmfx Instagram: | |
lmfx Instagram Followers: | 0 |
lmfx Youtube: | |
Your capital is at risk |
Our full lmfx review for beginners covers everything you need to learn about trading via lmfx. A good agent can use your initial investments and help to protect it from losses but also provide you a platform that can help to provide you positive profits. If you want to make profits, you should trade with a brokerage service that aligns with your investment objectives.
Of course, there is no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
lmfx is a trading partner which has paved its way successfully to the broker world. Within this review, we have attempted to collate some of the important facets of lmfx. This guide will help you to learn whether lmfx is a great match for your own investments or not. We've attempted to breakdown all the features and charges for your convenience.
Who are lmfx?
lmfx is a foreign exchange broker with its head office in Anguilla and provides a range of instruments for trading. Since its inception in 2016 they have emerged as a leading player in the industry of online trading. lmfx has a highly professional and full-featured trading site that's focused on currency, indices, metals, stocks , commodities.
Over the past 9 years, lmfx has become one of the best online brokers available to the public.
After launching in 2016, their customer base has increased to 10,000+ clients.
lmfx is a favourite for many stock dealers because of its negative balance protection. Our lmfx account review discovered that they are a professional choice for online trading solutions. They're most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading options are the core at lmfx.
Technology plays a significant role in lmfx. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. lmfx is honest, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271. Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also provide in-house research.
The trader resource department at lmfx is very insightful for new traders since it permits them to get a closer look in the financial markets. lmfx caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.
Benefits of online trading with lmfx in 2025
Trading with lmfx comes with many advantages. These benefits are what sets lmfx apart from all other online brokers. You should check all of the benefits listed so that you have a better comprehension of lmfx.
The broker goes to great lengths to understand what dealers need. As a result, the service, fast, and convenient. The broker also gives a number of platforms for all kinds of traders. lmfx helps to ensure that the individual needs of all online traders are met to the best of their capabilities.
lmfx also features excellent trading conditions that are available to all and not just an elite group of institutional clients. The tight spreads and fast executions are a great benefit for all traders. The technology embraced by lmfx is of the highest caliber, making sure that it's fast, reliable, and efficient.
lmfx acknowledges the significance of owning a quick order execution. A fast execution will allow users to exchange without worrying about slippage safely. It will also help the dealers to catch any opportunities.
lmfx has over 154 trading tools to support all kinds of traders. These tools are lively and convenient for both new and experienced traders. All traders can set aside all their concerns when trading using lmfx.
lmfx Overview
Year Founded: 2016
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271
Hedquarters: Anguilla
Minimum Deposit: $250
Number Of Clients: 10,000+
Your capital is at risk
If you feel that lmfx is not right for you then at the bottom of this lmfx review you will find a lot of alternatives to lmfx.
Everything you ought to know about trading using lmfx
lmfx is a dynamic platform that provides various methods of trading. These instruments cover the monetary markets considerably. Most of the broker platforms offer fewer procedures than lmfx
If you wish to trade with lmfx, you will need a minimum deposit of $250. This deposit is compulsory if you wish to start trading using lmfx. This 2025 lmfx review will guide you clearly about trading with them.
lmfx is as flexible as any other broker platform. lmfx is excellent for traders who want a manageable array of cheap services. The programs supplied by lmfx are third-party, white-label offerings. All traders may select from MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Along with everything, lmfx has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction must be kept available. The agents offer premium customer service which rewards customers with advantages.
Many unprofessional brokers attempt to pressurise customers into larger financing for premium services. lmfx, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will come along.
lmfx accounts are available globally and provides quality service everywhere they have customers. There are a few countries where lmfx accounts are not available. Traders in the following countries cannot open or use a lmfx account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is lmfx Safe To Trade With In 2025?
Founded in 2016, lmfx has been in operation for 9 years, they have a head office in Anguilla
lmfx is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271. These figures have rules that mandate that trading platforms have measures in place to keep investor's resources secured. This usually means that lmfx users do not need to worry about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information also.
You are able to make use of a choice for Two Factor Authentications (2FA) with lmfx for increased safety. An SMS for the confirmation code will be sent to your mobile phone. You will be asked to input this code to log into your account.
Another concern with online trading brokers with respect to safety might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is more widespread in the example of Market Maker agents who compete with customers on the platform.
lmfx Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With lmfx
Every online trading platform has some ups and downs, and no lmfx review would be complete without having a balanced approach. This lmfx review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
lmfx Pro's
lmfx is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271.
lmfx offers customer support over the phone.
lmfx provides customer support over email.
lmfx gives access to customer support over livechat.
lmfx offers negative balance protection.
lmfx doesn't charge withdrawal fees.
lmfx doesn't charge inactivity fees.
You can trade Cryptocurrencies with lmfx.
lmfx has over 100 employees.
lmfx allows scalping.
lmfx allows hedging.
lmfx allows commodity trading.
You can trade metals with lmfx.
You can trade energies with lmfx.
lmfx Con's
lmfx is not highly rated by us. lmfx hasn't won any awards. lmfx doesn't offer guaranteed stop loss. lmfx has a high minimum deposit requirement. lmfx doesn't offer social trading. lmfx doesn't offer copy trading.Compare Brokers Similar To lmfx
Regulation And Licencing In More Detail
lmfx is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271.
lmfx, as a company, has a powerful set of rules for ensuring fair trading onto its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. This includes credit history and other financial information.
lmfx Awards
At the time of writing this lmfx review, and despite lmfx’s impressive offering, the company has surprisingly not garnered any awards to date.lmfx Trading Platforms
lmfx are a professional broker that has been operating for over 9 years. They offer a wide range of options in their user accounts.
Below we take the main parts of any great online broker and compare lmfx against Startrader, and freetrade.
Trading With lmfx MetaTrader 4 On iOS Devices
You can download the lmfx app or also trade with lmfx through the MetaTrader 4 application on the Apple app store.
Download the lmfx MetaTrader 4 Program free of charge from Apple's App Store. lmfx customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With lmfx MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. lmfx provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android lmfx MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you need to begin on lmfx is $250. This is an adequate amount for those just starting out. It's possible to create more complex deposits as you cooperate. However, ensure you know how to make the most of your cash before investing in larger sums.
Commission And Fees Explained
lmfx is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of customers they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily three types of fees for this purpose.
The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you are paying a spread, financing speed, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They're billed for services like depositing money, not trading for long periods, or withdrawals.
Generally, lmfx does not charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, for example weekly or daily trading.
However, non-trading fees charged by lmfx are relatively competitive. As a result, you are charged more for non-trading activities in your trading account, like deposits and withdrawal. These are not about the purchase and sale of assets.
This lmfx review breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees Of lmfx
lmfx Withdrawal Fees Explained
lmfx doesn't charge withdrawal fees.Withdrawal of money is possible at any moment from your lmfx account. It's possible to draw sums up to the sum of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't always have to have any money in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn money is going to be sent to the cardlmfx will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you're choosing to withdraw in.
lmfx Inactivity Fees Explained
lmfx doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no fees are indicated by lmfx, it is best for you to close the account if you are inactive. Inactivity fees aren't only charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is subjected to many circumstances and should be disclosed clearly by the agent beforehand.
lmfx Deposit Fees Explained
When you move money in your trading account by the bank account, a deposit fee can be charged by the broker. Most brokers don't charge an excessive amount of money for this particular operation.
lmfx doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the lmfx trading platform is easy. You just have to complete a single-user profile questionnaire to begin depositing money into your trading account. You will need to give an identity proof and evidence of residency to deposit large sums.
Compare lmfx Vs Other Broker Deposit Methods
What Can You Trade With lmfx in 2025?
Note: lmfx offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may be different based on the country of residence of the client.
lmfx has a wide variety of over 154 instruments available for you to trade with.
If trading forex pairs is of interest to you then lmfx offer over 124 currency pairs.
Compare lmfx, Startrader & freetrade below.
lmfx Trading App Review
Note: lmfx's mobile app has a lot of functions and is being developed all the time. The below information was correct at the time of compiling this lmfx broker review.
Understand the capabilities of the mobile apps of lmfx, Startrader & freetrade below.
Trading Education Available At lmfx
Understand the trading resources available with lmfx, Startrader & freetrade below.
lmfx Customer Support
While collating this lmfx broker review we examined the customer service options, response times and on the lmfx trading platform problems resolution effectiveness. lmfx support many languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
lmfx Live Chat Support
We have tested the live chat on lmfx, and it was very effective. We made a request to lmfx livechat via their website and app and got a reply in less than 20 seconds. There was sometimes no response.
We tested communicating via lmfx support in multiple languages and in various countries. lmfx were successful in resolving client's problems.
lmfx Phone Support
We called lmfx and the call was responded to very promptly. We were able to have the call answered within less than 5-10 minutes.
The lmfx phone support team was able to successfully address our questions and issues on the phone. We tried the multilingual lmfx team by calling in varying languages. lmfx made an effort to make sure all of our questions were answered.
The overall support via phone from lmfx was okay.
lmfx Email Support
We sent several emails to lmfx and the response times were all excellent. The fastest email response from lmfx was 2 hours, while the slowest response was 12 days! There were times when there wasn't a response. Support response times may vary depending on what is needed from lmfx, however, we've had the experience of sending out 10 emails at different times.
The team was able to resolve and answer our questions. Average email support from lmfx was very good.
Alternatives To lmfx
If, after studying this lmfx review, they do not fulfill your needs check out these lmfx alternatives.
We've scoured the web to find the best alternatives to lmfx. Click on the links below to learn more.
Frequently Asked Questions
Can I try lmfx before I buy?
Yes, you can most definitely try lmfx before you buy. lmfx offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up to get a demo account with lmfx, you may set out with a decent amount of virtual currency. It is to establish a sense of safety and confidence in you before you decide to spend your own money.
With this digital lmfxdemo account, you are able to experiment at all, to whatever period you wish. You can also open positions, examine different trading approaches, and much more.
lmfx shows on its official site how you are able to trade real time stocks with your demo account.
Is lmfx safe?
It is possible to drop all of your worries since we believe that lmfx is completely safe to use. It's in compliance with the rules of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271.
Nevertheless, lmfx does not provide assured stop-loss protection.
Why does lmfx ask for my passport?
The reason that lmfx asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, lmfx has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, lmfx must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with lmfx?
The process to start trading with lmfx is super simple. You need to begin by signing up on the lmfx website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but lmfx are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with lmfx is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with lmfx.
The best way to kickstart your trading career with lmfx is to open a demo account facility before risking any real money
What funding methods do lmfx accept?
There are a number of ways to finance your accounts with lmfx. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must keep in mind that PayPal is not available in all place. The monies lmfx accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, even though it takes approximately 4-7 days.
Is my money safe with lmfx?
Yes, your money is safe and protected with lmfx. As you know, lmfx operates with proper conformation to regulations. It's established plenty of steps to guard all of its investors.
lmfx safeguards its clients' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further protect your accounts, you can enable Two-Step Verification also. It takes an SMS affirmation for you to get your account.
Is lmfx trading good?
Yes, trading through lmfx is a nice and decent experience indeed. It's an excellent and intuitive platform with useful features for your ease. In addition, you can also obtain access to a huge collection of educational resources and assistive material to kickstart your trading experience.
If you are still skeptical, you can start a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries do lmfx support?
lmfx operates across the world. However, due to regulations lmfx doesn't accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is lmfx legit?
lmfx is a legit company headquarted in Anguilla since 2016. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271. lmfx is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is lmfx a good broker?
lmfx is an excellent agent, and its users can vouch for it. The highlight of this platform is its fast order execution on transactions.
You will find the clean design of this platform and the admirable features that are pleasant to work with.
Is lmfx a trustworthy broker?
Yes, lmfx is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for lmfx?
The minimum deposit to open a live account with lmfx is $250
How long do lmfx withdrawals take?
Normally, withdrawal of money from lmfx is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from lmfx to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is lmfx regulated?
lmfx are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271
Is lmfx a market leading broker?
lmfx is currently one of the industry leaders. It has over 10,000+ registered customers and over 9 years of expertise on its record. They're one of the world's top trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this status to its incredible platform and broad range of tools plus resources so that you can put money into capital markets.
Is lmfx a con?
No, lmfx is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271 and must adhere to their rules. Thus, it is safe to say that lmfx is not a scam.
Can you make money with lmfx?
Through lmfx, several traders earn a lot of cash. But, just like all online brokers, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a small number, but within the entire year, it quickly adds to a substantial amount of gains. Even though lmfx provide you all of the tools to earn money, they cannot guarantee you will profit.
Does lmfx have fees?
Yes. To begin trading with lmfx, you have to deposit $250. Particular commissions while trading also apply. Any processing fees from your bank will have to be incurred by you.
When was lmfx founded?
lmfx was founded in 2016 in Anguilla. lmfx is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271.
How many people use lmfx?
lmfx is a worldwide recognised agent with 10,000+ clients.
Where is the lmfx head office?
lmfx has its head office in Anguilla
Does lmfx offer negative balance protection?
Yes, lmfx has Negative Balance Protection. It's specially offered when the industry volatility keeps customers from allowing their account go in the red. In a situation like this, lmfx provides the ability to reset a customers account balance to zero.
You are able to go through the critical terms and conditions on lmfx's site to comprehend their policies.
Does lmfx offer guaranteed stop loss?
lmfx, regrettably, doesn't offer guaranteed stop loss. lmfx provides an opportunity for its dealers to close their trades at their specified price. Aside from this, lmfx does not offer guaranteed stop loss.
Does lmfx allow scalping?
Yes, lmfx does permit scalping. Many traders across the world choose lmfx for their services that are trading. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Does lmfx allow hedging?
Yes, lmfx does allow hedging.
Can you trade energies with lmfx?
Yes, you can trade energy stocks with lmfx
Can you trade agricultural shares with lmfx?
No, unfortunately you cannot trade agricultural stock with lmfx
Can you trade cryptocurrency with lmfx?
Yes, you can trade cryptocurrency with lmfx
Can you trade metals with lmfx?
Yes, you can trade metals with lmfx
Can you trade UK Shares with lmfx?
No, unfortunately you cannot trade UK shares with lmfx
Can you trade US Shares with lmfx?
No, unfortunately you cannot trade US shares with lmfx
Can you trade Japanese Shares with lmfx?
No, unfortunately you cannot trade Japanese shares with lmfx
Can you trade German Shares with lmfx?
Yes, you can trade German shares with lmfx
Does lmfx accept bank transfers?
Yes, lmfx accepts bank transfers for depositing money.
Does lmfx accept credit cards?
Yes, lmfx accepts credit cards for depositing money.
Does lmfx accept PayPal?
Yes, lmfx accepts PayPal for depositing money.
Does lmfx accept Skrill?
Yes, lmfx accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet company that was founded in 2001. It offers a variety of online payment and money transfer services.
Since launch, Skrill has expanded to operate in more than 120 countries with the digital wallet available in more than 40 currencies. Customers can upload money to their Skrill wallet by using a variety of payment options , including card, bank transfer as well as a variety of alternative payment options. The money can be used to make payments to merchants or others Skrill customers, or converted to cryptocurrency.
Skrill also allows cross-border transactions via its remittance service Skrill Money Transfer. The service enables customers to transfer funds to an account at a bank overseas with their bank card. It was in the year 2015 that Skrill was acquired by the Paysafe Group along with former competitor Neteller and the prepaid payment company paysafecard.
Skrill holds a number of licenses enabling it to offer its services across Europe and around the world. Skrill is operated through Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by the Central Bank of Ireland, for its European authorized operations. Skrill's operations outside of the European Economic Area are operated by Skrill Limited - a company incorporated within the United Kingdom and regulated by the Financial Conduct Authority.
Does lmfx accept Payoneer?
Yes, lmfx accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. This company is a specialist in cross-border B2B transactions. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does lmfx accept Neteller?
Yes, lmfx accepts Neteller for depositing money.
Does lmfx offer Live Chat customer support?
Yes, lmfx offers customer support through live chat.
Does lmfx offer phone customer support?
Yes, lmfx offers customer support over the telephone.
Does lmfx offer email customer support?
Yes, lmfx offers customer support through email.
What languages can lmfx communicate in?
lmfx has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does lmfx have a wikipedia page?
No, lmfx does not have an official wikipedia page.
Does lmfx offer demo accounts?
Yes, lmfx offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.
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Table Of Contents
- Who are lmfx?
- Benefits Of Trading With lmfx
- Everything you should know about trading with lmfx
- Is lmfx Safe To Trade With?
- lmfx Risk Disclaimer
- Pro's & Con's Of Trading With lmfx
- Compare Brokers Similar To lmfx
- lmfx Regulation And Licencing
- lmfx Awards
- Minimum Deposit Required For A Live Account With lmfx
- lmfx Commission And Fees
- Compare broker fees against lmfx
- lmfx Withdrawal Fees Explained
- lmfx Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With lmfx?
- lmfx Customer Support
- lmfx Live Chat Support
- lmfx Phone Support
- lmfx Email Support
- Alternatives To lmfx
- Frequently Asked Questions About lmfx