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LMFX Review: Is LMFX Safe? Find Out Today From This Review

LMFX

  • Fifth Decimal Pricing: MetaTrader 4: WebTrader: Mobile Trading: Margin Call (Percentage): 50 Stop Out (Percentage): 24/7 customer support Low minimum deposit of 50$
100%
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Details

Broker LMFX
Website URL https://lmfx.com
Founded 2015
Headquarters Bulgaria
Support Number +44 2035192105
Support Types Livechat, phone calls and email
Trading Platform Mt4
Minimum 1st Deposit $50
Minimum Account Size $50
Minimum Trade Amount 0.01
Maximum Trade Amount 60 lot
Bonus 100%
Leverage 1:1000
Spread From 1
Free Demo Account Yes
Regulated Yes
Regulation incorporated and governed by the laws of the Republic of Macedonia.
Account Types Primuim Account, Fixed Account and Zero Account
Deposit Methods Credit cards, wire transfer, skrill, neteller, veload and
Withdrawal Methods Credit cards, wire transfer, skrill, neteller, veload and
Number of Assets Indices: Commodities: Share CFDs:
Types of Assets Forex/Gold/Silver/Oil
Trading Currency USD, EURO
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 9

Pros

  • Good for beginners and advanced trader, best platform, low minimum deposit, bonus and Promotion

Cons

  • Not regulated by major regulatory agencies

LMFX Review 2021: Is LMFX safe and legit? Today, we will provide all you need to know about lmfx.com. With that, you will know if lmfx is safe before trading with them.

LMFX REVIEW

LMFX

LMFX is an online trading platform that was founded  in 2015 for forex, CFDs and cryptocurrencies. The platform seems  to be best, offering MT4 trading with high leverage rates. Unlike other brokers,  this brand is best for beginners safe for all trader. However even as this broker is registered in the Republic of North Macedonia. LMFX is an innovative online foreign exchange broker. They offers advanced institutional and retail trading conditions to a global audience. If you have wondered if offshore brokers can be good, then you might see your desire in lmfx.com. The broker offer an innovative trading platform with bonus up to 100%. In addition of all good about lmfx.com, there’s a 24/7 customer support that helps traders. If you are a beginner, there’s educational resources to help you help  you start.

TRADING PLATFORM

LMFX review

LMFX platform is one  of  the best trading platform. The broker offer a comprehensive range of mobile and desktop MT4 platforms to ensure you never miss a market movement. In addition to an advanced trading environment, clients also have full access to exceptional educational resources via the LMFX Education Centre and trading tools that have been designed to improve trading performance at LMFX. The platform is on mt4 terminal, WebTrader, iPhone Trader, iPad Trader and Android Trader. However, all this platform comes with this feature below.

  • 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.

Mac users can use ‘Wine’ a free software that acts as a compatibility layer enabling MT4 to  install it on Mac OS. Please note: The Wine software is available from a third-party provider and is not related to LMFX or MetaQuotes in any way.

LMFX  REVIEW ON ACCOUNT TYPES.

The broker offer multiple account types and that makes it easier for traders to increase their profits.
LMFX broker Offer 3 types of account, which is primuim account, fixed account and Zero account.

The primuim account: This account is to meet the trading needs of retail FX traders. However it come with the minimum trade size starting at 0.01 lots. This account equally offers you the flexibility to trade up to 60 lots in a single trade. It also comes with personal success manager, and bonuses.

Fixed Account: This account is perfect 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. There are features of this account which is: you can use it for EA that operates under fixed spreads. More-so, there’s a personal account manager, competitive fixed spreads and bonuses.

Zero Account: The 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. It comes with raw spread and competitive commissions starting at per 1k lot. There’s a low minimum deposit of $100, and it is ideal for scalping and high-volume trading.

IS LMFX SAFE?

LMFX platform is safe and reliable to trade with. In the process of our LMFX review, we visited the site and opened account with them. And there’s a security and support for traders.  In fact, your money at this LMFX broker is safe and secure. Another good news is that they offer trading guide and education with personal success manager. No commission and no delay in withdrawal.

IS LMFX REGULATED?

LMFX platform is owned/operated by comprehensive Trade Partners Ltd, a band incorporated and governed by the laws of the nation of Macedonia. They own registered be foremost offices at 28 Koco Racin Blvd, 1000 Skopje, Macedonia and their provide for armed forces are located from offices in Bulgaria. They function as an offshore broker, and as an offshore broker, traders from ALL REGIONS are welcomed including folks located in USA. The lone exclusions are for traders located in Macedonia and Bulgaria awaited to the band having operations there.

One of our leading concerns with offshore brokers has constantly been the isolation of operational and agent funds, and a new is narrow banking options. LMFX platform put us at easiness here, as they are vastly listening carefully on the precautions of client cash and set apart every part of operational/client finances from indicate of deposit to withdrawal. They aid fixed and e-banking institutions such as Skrill (formerly MoneyBookers), and Neteller – two of the a large amount sound eWallets untaken at the time of lettering this re-evaluation (June 2016). Two of the main eWallets in the world.

They figure out not effect with any brands that will blot their own; an added skillful indicator of LMFX’s reputation.
LMFX’s particular officially permitted citations is untaken unreservedly online, and openly states that in the very much not likely affair that LMFX stops operations, client income will be returned immediately. They moreover reassure us that the fixed and e-banking institutions they partner with, will continuously be compare broker with hycm

DEPOSIT AND WITHDRAWAL METHODS

LMFX payment methods

At LMFX broker,  you can deposit via Mastercard, Visa, bank wire and other e-wallet.
E-wallet are skrill, neteller, fasapay and vload. The minimum deposit is 50$£€, except on wire transfer that cost 250$€£. Please not that the method you will use to deposit is the same methods for withdrawal.

CUSTOMER SUPPORT

The broker offer 24/7 customer support which comes in live chat, email and phone calls.
Telephone: +44 2035192105
Customer Support: [email protected]
+44 2035192105
Sales Department: [email protected]
+44 2035192105
Affiliates Department: [email protected]
For any reason, you can reach out to LMFX customers support on those numbers and email. That’s if the livechat is not for you. Another good thing about their customer service is that the agents are good and polite in their response.

FIBONACCI CALCULATOR

Enter the high and low to quickly calculate four basic Fibonacci support and resistance retracement values at 23.8%, 38.2%, 50% and 61.8%.

CONCLUSION

Finally we will conclude LMFX review by telling you to start trading with the broker. The platform is of with intuitive interface and high quality performanc. Therefore even if you are still a beginner, you should consider the broker as they help beginners with best education. Get your bonus up to 100% if you use this link. However the minimum deposit is low as 100$, but if you dont wish to trade with them, go for Raceoption broker.

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