LMFX review (2022)

LMFX is an online broker that was established to provide institutional and proffessional traders the opportunity to trade from a wide variety of trading products across the world. LMFX provides trading instruments such as Forex, Indices, Commodities, Metals, Oils and Shares in the trading markets. 

Security

LMFX client funds are held in a segregated accounts, from the company’s funds in top financial institutions.

Trading Platforms

LMFX provides the MetaTrader 4, WebTrader, iphone, ipad and Android Trader trading platfroms.

MT4

• 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

iPhone Trader

• Place instant and pending orders
• View and analyse your full trading history
• Easily monitor your open trades
• Modify open positions
• Set stop loss and take profit levels
• Analyse real-time, intraday tick charts
• One-click trading for market orders
• Real-time quotes
• Dynamic account overview gives you open positions, pending orders, your balance and account equity

iPad Trader

• User-friendly interface
• rade directly on chart (iPad)
• Toolbox window: orders, history, emails, news and journal
• Interactive, customizable price charts
• 30 popular technical indicators
• 4 charts in one window (iPad) New multi-panel user interface with dockable panels
• Multi-lingual support
• 9 time frames
• 3 types of chart: Bar, Candlestick, Line
• Ability to place many different types of Pending Orders
• Activity and historical reports
• Access to the MT4 internal mailing systemm
• iPad Retina supported

Android Trader 

• More than 30 popular technical indicators
•  Real-time quotes
•  7 time frames
•  3 chart types: bar, candlestick, line
•  Full range of trade orders
•  Set Stop Loss and Take Profit levels
•  Close and Modify Existing Orders
•  Real Time Profit/Loss of Live Trades
•  View and analyse trading history
•  Large number of languages
•  Messaging service: MQL5 notifications, MT4 Desktop messages and LMFX messages

Education

• Trading Tools
• Economic Calendar

Accounts

• Premium
• Fixed
• Zero

Costs 

LMFX offers maximum leverage of 1:1000, fixed and variable spread from 0 pips and the minimum deposit is $50. Deposits can be made via bank transfer, visa/master card, maestro, skrill, vload, neteller and fasapay. 

Promotions

• Bonus Offerings
• Contest & Awards

Customer Support

LMFX provides customer support 24/5 in mulitple languages via live chat, email and telephone. 

Regulation

LMFX is not a regulated broker.

Conclusion

LMFX provides is an online broker that provides trading instruments such as Forex, Indices, Commodities, Metals, Oils and Shares in the trading markets. LMFX provides the MetaTrader 4, platform that  is available on web, iphone, ipad and android devices. LMFX spreads afre from 0.0 pips, leverage up to 1:1000 and minimu deposit of $50. LMFX provides segregated client accounts and multilinugal customer support is available 24/5. However, LMFX is not a regulated broker.  

Rating:

EditorialTeam

The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

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