LMFX
LMFX is an unregulated online foreign exchange broker providing retail and institutional trading offering Forex and CFDs on Indices, Shares, and Commodities.
Tags:Forex BrokerBasic Information
Full Company Name: LMFX Ltd
Country: Macedonia
Founded: 2015
Minimum Deposit: $50
Trading Platforms: MetaTrader 4 (MT4)
Minimum Trade Size: 0.01 lots
Business Model: No Dealing Desk (NDD)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller, FasaPay)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +44 2035192105
Headquarters Address: The Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Regulatory Information
- Unregulated
- Details: LMFX operates as an unregulated broker, meaning it does not hold a license from any major financial regulatory body.
Account Types
| Account Type | Premium Account | Fixed Account | Zero Account |
|---|---|---|---|
| Minimum Deposit | $50 | $250 | $100 |
| Spreads | From 1.0 pips | From 1.5 pips | From 0 pips |
| Commission | None | None | $4 per lot |
| Tradable Instruments | Forex, Metals, Commodities, Indices | Forex, Metals, Commodities, Indices | Forex, Metals, Commodities, Indices |
| Trading Platforms | MT4 | MT4 | MT4 |
| Leverage | Up to 1:1000 | Up to 1:400 | Up to 1:250 |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots |
| Maximum Number of Positions | No limit | No limit | No limit |
Relevant Navigation
PhillipCapital is a global financial institution with a presence in 15 countries. It offers a wide range of services including broking in securities, futures and foreign exchange, commodities, contract for difference, securities borrowing and lending, funds management, exchange traded funds, unit trusts, banking, insurance, private equity, research, corporate finance, property, factoring, leasing and commercial lending.
