LMFX
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Popularity |
2/5 |
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| Minimum Deposit | $10 /€ |
| MT4 | ✔ |
| MT5 | – |
| Payment methods | Bank Wire · Credit Card · Fasapay · Neteller · Skrill · Vload · Bitcoin |
| Account currencies | EUR · USD |
| Languages | English · Spanish · Japanese · Portuguese · Chinese |
| Countries | UAE · Bangladesh · Cyprus · Egypt · UK · Ireland · Indonesia · India · Kenya · Sri Lanka · Malaysia · Nigeria · Philippines · Pakistan · Saudi Arabia · Singapore · Thailand · Vietnam · South Africa… |
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| Rating | ★★★★☆ |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
✚ Review
LMFX is an online forex and CFD broker that has been operating since 2015.
One of the standout features of LMFX is its wide range of tradable assets, which includes over 50 currency pairs, indices, commodities, and cryptocurrency. The broker also offers competitive spreads and leverage options, with a high maximum leverage for forex trading.
In terms of trading platforms, LMFX offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its own proprietary web-based platform, which is easy to use and offers a range of advanced features such as one-click trading and a customizable interface. The broker also offers mobile trading apps for Android and iOS devices.
LMFX provides a range of educational resources and trading tools, including market analysis, webinars, and ebooks, to help traders improve their skills and make informed decisions. The broker also offers a variety of account types, including a demo account, to cater to the needs of different traders.
Overall, LMFX is a solid choice for traders looking for a reliable and trustworthy broker with a wide range of tradable assets, competitive spreads, and a range of trading platforms and tools. The broker has already gained a good reputation in the industry and is well worth considering.
Forum, user reviews and feedbacks
Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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