LMfx is a regulated forex broker, meaning it is regulated by the Financial Conduct Authority (FCA). It is also a regulated broker, which means that traders can deposit and withdraw funds without worrying about being scammed. If you are looking for an online forex broker that is regulated, left is the best place to go.
Fixed account
Having an LMFX-regulated fixed account can be a great option for traders looking to get into the commodities market. This account offers flexible and competitive fixed spreads, as well as a dedicated Personal Account Manager.
LMFX offers a wide variety of tradable assets, including precious metals and commodities. It also provides access to a wide range of popular currency pairs and equity indices.
LMFX offers three different account types: Zero, Fixed, and Premium. Each account type has its own set of requirements. However, all offer a great selection of features.
The Zero account is the cheapest way to trade on the LMFX platform, boasting zero markups and super-tight spreads. Traders can also enjoy a competitive commission starting at one dollar per lot.
LMFX also offers a Premium Account, which offers the best leverage available. With this account, clients can trade up to 60 lots per trade.
Premium account
Whether you are a retail FX trader or a high-volume institutional trader, LMFX offers a range of accounts for you to choose from. These include premium, fixed, and zero accounts. Each type comes with a different set of spreads and fees.
LMFX offers trading in more than 6,000 markets. These include precious metals, oil, stock indices, commodities, Forex pairs, and CFDs on individual stocks. All markets are tradeable.
The first step of the account application process involves completing an online form. The form requires you to fill in your name, date of birth, address, and contact information. Once you have completed this, you can select your preferred currency.
The next step involves sending in a copy of your government-issued ID. You will also need to provide proof of your address.
Zero account
Traders who are looking for the lowest spreads and the best trading conditions should consider the LMFX Zero Account. It is a low-cost trading account with super-tight spreads starting at 0.0 pips.
LMFX offers several types of accounts. Traders can choose from fixed, zero, or premium accounts. Each account offers different spreads and other features. A fixed account requires a $250 minimum deposit to start trading. For zero accounts, the minimum deposit is $100.
LMFX supports a wide range of deposit methods, including credit and debit cards. It also supports bank wires and FasaPay. It also offers e-mail support. Traders can contact the company through the LMFX website or telephone service in the UK.
LMFX offers several tradable assets, including forex, equity CFDs, and commodity contracts. It also provides a variety of tools and services, such as an economic calendar powered by MTE-Media and an educational section.
Minimum deposit to make withdrawals
Among the many advantages that LMFX offers its clients is its low minimum deposit to make withdrawals. The broker offers a range of payment methods, including bank wires, e-payments, VLoad, FasaPay, and credit and debit cards.
There are no deposits or withdrawal fees for LMFX, but the broker will not cover the costs of bank fees or payment method charges. Similarly, it will not provide education or mentorship. However, the broker is a duly registered company that is compliant with local laws.
LMFX has been around for over five years and appears to have a solid business plan in place. The broker aims to provide traders with high-quality service, with minimal risk. The company uses the latest technologies to offer a range of markets. Its commodity products include soft agricultural products, metals, and soft metals.
Is mix regulated?
Currently, LMFX is an unregulated forex broker. This status may increase the risk of a trader losing their capital. It is therefore important to investigate the company before investing.
LMFX is a retail forex broker. The company offers several tradable assets, including currencies, indices, commodities, shares, and precious metals. Traders can also trade CFDs. CFDs are leveraged products that can result in a loss of capital.
LMFX is based in Macedonia, but the company is not regulated by any government regulatory body. As a result, the company does not hold a banking license. This may make it impossible to protect your capital.
LMFX is a forex broker that offers several financial products and services. It uses the MetaTrader 4 platform, which is known for its reliability. The company also offers a variety of deposit methods, including credit and debit cards. LMFX also supports VLOAD, which allows traders to withdraw their funds without having to re-register.