LMFX (lmfx.com )

FX Trading should be easy with LMFX, it always is. LMFX will give you all the tools and knowledge you will need to become a successful trader.

LMFX

LMFX is an online Forex & CFD brokerage firm based in Macedonia.

The broker is founded in 2015, and currently not licensed by any regulatory authorities yet.

*Forex is not part of the regulations in Macedonia. LMFX is looking to acquire a license soon.

Although the broker is very new and unlicensed, their services such as “platforms” and “internal infrastructures” are organized very professionally.

Along with very competitive trading conditions, LMFX is gaining popularity this year.

That is why we, Hercules Finance are happy to promote LMFX.

☆Point – No withdrawal issues or any other major troubles are reported yet.

Trading Info

LMFX offers over 100 financial instruments including Forex, Commodity, Metal, Equity Index, Energy and also Stocks, through MetaTrader4 trading platform.

The maximum leverage is 1:1000, and NBP(Negative Balance Protection) is supported, thus your loss is limited the total deposit amount.

LMFX’s minimum average spread is 0.0 pip with only $8 per 1 lot extra commissions. (You can see the real spread of LMFX from here.)

☆Point – 0.0 pip spread isn’t rare but it is the average spread for some major Forex pairs on LMFX MT4.

LMFX strives to offer STP(Straight Through Processing) trading condition, thus all kinds of trading activities are allowed on the MT4.

“Lowest Trading Cost” with “Fair STP Execution” is one great advantage of LMFX.

LMFX offers variety of Bonus Promotions, make sure to check them out before start trading!

Pros & Cons of LMFX

Service Details

Service Details
CompanyLMFX
(Global Trade Partners Ltd.)
Website lmfx.com
RegulationNone
Founded in2015 (2 years)
Offered Instruments
Business Model
Max Leverage1,000:1
USA clients Accepted
JPN clients Accepted
Country BaseMacedonia
Headquaters 28 Koco Racin Blvd. 1000, Skopje, Macedonia
Supported Platforms

Deposits & Withdrawals

Deposits & Withdrawals
Base Currency Options
Available Crypto-CurrenciesN/A
Deposit Methods
Withdrawal Methods

Support desk

Support desk
Phone number+44 2035192105
Service Hour24/5
Phone Support Available
Live Chat Available
Callback Available
Japanese Support Not Available
Telephone Order Available

Trading Accounts (3 accounts)

Here are the details of all Forex trading accounts of LMFX.

TitleZeroPremiumFixed
Account TypeForexForexForex
Trading PlatformMetaTrader 4 (MT4)MetaTrader 4 (MT4)MetaTrader 4 (MT4)
Minimum Deposit$100$50$250
Accout Currency
Execution TypeSTP
(N/A)
ECN
(N/A)
STP
(N/A)
Leverage250:11,000:1400:1
Spread TypeVariableVariableFixed
Minimum Spreadfrom 0 pipfrom 1 pipsfrom 1.8 pips
Trading Commission$4/per LotN/AN/A
Minimum Trading Lots0.010.010.01
Maximum Trading Lots1006075
Decimal Pricing555
Margin Call %30%50%30%
Stop Out %15%20%15%
EA (Automated Trading)AllowedAllowedAllowed
ScalpingAllowedAllowedAllowed
HedgingAllowedAllowedAllowed
News TimeAllowedAllowedAllowed
PAMM/MAMAvailableAvailableAvailable
Islamic (Swap Free)OptionalOptionalOptional
Interest on MarginN/AN/AN/A

50 USD for Free

Free 123 USD

30 USD for Free

25 USD for Free

300 USD for Free

100 USD for Free

Partner brands

Hercules