How to open LMFX’s Demo and Live trading accounts

You open a trading account in your Client Cabinet.

If you have not registered your profile on LMFX Official Website, do so before opening a trading account.

• Register and open a live trading account
• Register and open a demo trading account

Register and open a trading account

After registration, you will be able to open your trading account and start trading.

To open a trading account with LMFX, click on the button “Open a Trading Account” in the main menu of the client cabinet.

Then select the account type, account currency and leverage.

Go to LMFX Official Website

Open multiple trading accounts and manage differently

You can find information on types of trading accounts here.

According to the AML policy, only one LMFX client profile can be registered for one client.

However, you can open up to 10 trading accounts registered for one company client profile.

The number of trading accounts can be increased upon request to our Client Support Service.

Open LMFX Real Account

No paper works or complicated processes

Before you open any trading account, you must read carefully and accept the terms of the Client Agreement and Terms of Business.

You will see links to these documents when opening a trading account and registering a profile, and also you can find them in the official website.

You do not need to sign a hard copy of the contract, but accepting the terms of the agreements is sufficient.

Visit LMFX Official Website

What are the required documents to open LMFX’s account?

Due to regulatory requirements, LMFX is required to receive certain Know Your Customer (KYC) documents in order to prevent fraudulent trading and for customer security.

The following documents are all required to be sent for account verification.

1. Copy of passport or National ID card
2. Proof of address such as Bank statement and utility bill issued within the last 6 months (please note mobile phone bills are not an acceptable form of proof of address)
3. If you deposited by credit card, a photocopy of the front and back of the card is required

LMFX provides you with many ways to submit your documents.

You can send these documents by email the support team or upload on LMFX’s client portal.

Please state your Account Number on all future correspondences with LMFX.

For complete directions on the different documentation submission methods, please login to your account from LMFX Official Website.

Go to LMFX Official Website

Choose from Start, Classic or ECN Pro account types

Choosing and customizing a forex trading platform to suit your needs is much like choosing a car and it pays to “shop around”.

It is important to give at least a couple different platforms a “test drive” before committing to your favorite provider.

LMFX provides you 3 account types which are Classic, Start and ECN Pro accounts and they promise you:

1. To give you the utmost tech support and guidance as you inevitably stumble around in the environment of a newly downloaded trading platform.
2. To continually update and evolve LMFX’s trading platforms to meet the changing needs and new innovations of the forex marketplace.
3. That your experience on any of LMFX’s Trading Platforms is backed up by our commitment to you being ABSOLUTELY the best trader you can be.

You can be sure that no matter which trading platform you choose, you will “Trade Better” with LMFX.

See LMFX’s Account Type Comparison

What is LMFX’s ECN technology?

There is a basic rule of thumb in forex trading that dictates pricing across the industry: when your spread is small, your cost is small.

Forex spreads represent the price you have to pay for each trade.

At LMFX, they offer 2 pricing models which are Classic and ECN, both with some of the tightest forex spreads in the market.

LMFX’s unique technology and 100% automated execution means that you get the real market price and reliable execution at all times.

Commission charges apply to ECN model only.

ECN MT4 and MT5

ECN is an electronic system that connects the largest banking institutions in the world directly with traders, eliminating any middlemen in the execution of orders.

By aggregating quotations from various tier-one banks, LMFX is able to offer the best Bid and Ask prices in the industry that would otherwise not be available to traders.

All orders are executed instantaneously and automatically, and there are no re-quotes (Request for Quotes).

Visit LMFX Official Website

LMFX’s MT4 and MT5 platforms with ECN technology

When you choose to trade with the LMFX’s MT4 and MT5 platforms, you are “driving” a dynamic and flexible platform.

LMFX’s MT4 and MT5 are powerful, user-friendly and have endless functionalities enjoyed by new and professional traders alike.

To give you the best trading experience, LMFX also gives you two pricing models to choose from, ECN and Classic.

Both with some of the tightest spreads in the market.

With ECN, you trade with extremely low spreads starting from 0.0 pips (plus commission).

LMFX’s Classic account spreads are “all-inclusive” commission-free and start from only 1.1 pips.

On LMFX’s MT4 and MT5, you can benefit from the followings:

1. Full hedging capabilities
2. Trade directly from the charts
3. 100% automated high speed execution
4. Scalp the market or trade with EAs
5. Choose from two pricing models: ECN or Classic

Open LMFX Real or Demo Account

Access to LMFX MT4 and MT5 with mobile apps

In today’s fast-paced, virtual-office world, you cannot afford to miss any trading opportunities.

Mobile forex trading with LMFX makes it easy to tap into the forex market wherever you go with your cell phone or tablet.

You can take the forex market with you in your pocket via LMFX’s Mobile Trader installed on your portable device for both LMFX MT4 and MT5.

With LMFX’s full-featured mobile forex trading app, you can manage your trades, track prices of currencies or precious metals, and share with an international social network of traders, on the road, in the air, or on the go.

With LMFX MT4 and MT5’s mobile apps, you can benefit from the following features.

1. Trade with live streaming forex prices
2. Place and modify complex orders
3. View charts with suite of indicators
4. Generate trading history reports

Download LMFX MT4 and MT5 Mobile Apps

Why you should choose LMFX as your broker?

As a regulated, well-organized and professional broker, LMFX has a lot to offer for online investors.

Here are some of the merits of trading Forex and CFDs with LMFX, an online FX broker.

1. LMFX is professional

The team behind LMFX offers you over 25 years of Forex experience.

The company was founded by bankers and traders with the networks, knowledge, and drive it takes to create highly effective solutions for every trader.

LMFX also offers cutting edge investment services for institutional businesses and entrepreneurs.

Open LMFX Real or Demo Account

2. 24/5 Support in multi-language

Whether you are a novice, an experienced trader, or a large Institutional or Professional Trader, you can count on LMFX to give you highly skilled support that “watches your back”, so that you can achieve your goals while becoming a part of LMFX’s trading community.

LMFX’s customer support team is available 24 hours a day, 5 days a week, via live chat, email, and phone.

Serving you is the primary mission at LMFX. LMFX is there for you, trade by trade.

Contact LMFX Support Team

3. LMFX provides for investors

LMFX’s client, are the reason LMFX exists.

LMFX’s commitment is to serve your needs and listen to your feedback regarding the evolution of LMFX’s trading platforms, educational resources, and expert guidance.

4. LMFX has Solid and reliable networks

LMFX’s unique agreements and relationships with nine Tier-1 Liquidity Providers including Deutsche Bank, JP Morgan, Bank of America, BNP Paribas and HSBC provide a dependable, responsive environment for successful trading.

5. LMFX provides you choice and flexibility

Today’s fast moving markets require maximum flexibility.

LMFX currently offers 2 trading platforms to choose from which are MetaTrader4 and MetaTrader5.

Enjoy one of the industry’s highest leverages(up to 500:1).

Prime and ECN pricing models both with some of the tightest spreads in forex.

LMFX also offers Mobile Trading with sophisticated Apps which easily transform your mobile device into a powerful trading tool.

Visit LMFX Official Website

6. LMFX allows any kinds of EAs (Expert Advisers)

An Expert Advisor (also know as an EA or a forex trading robot) is a trading program designed to automate trading and free you from having to continuously monitor the market.

EAs are written in the MetaQuotes Language 4 (MQL4) for MT4 and MetaQuotes Language 5 (MQL5) for MT5, the fastest and most functionally valuable language in the world, and make it possible to automate almost any trading strategy.

On LMFX’s MT4 and MT5 platforms, you can benefit from the following aspects.

• Trade forex 24 hours a day, 5 days a week, even when you’re asleep.
• Automate almost any trading strategy by setting parameters to open and close positions, place and modify pending orders, and set trailing stops.
• Trade with no restriction. At LMFX, you can scalp the market or set pending orders with absolutely no restrictions.
• Eliminate emotional factors from your trading, so orders can be executed mechanically.
• Trade on as many accounts as you like at the same time, even on a managed PAMM account
• Trade different markets at the same time and never miss a trading opportunity.

Trade with EAs on LMFX MT4 and MT5

7. LMFX provides with the best pricing

At LMFX, they offer 2 pricing models which are Classic and ECN, both with some of the tightest spreads in the market.

LMFX’s unique technology and 100% automated execution means that you get the real market price and reliable execution at all times.

View LMFX’s General Terms and Conditions for more information.

8. LMFX’s low margin and high leverage

Retail foreign exchange trading and related investments require significantly higher leverage than other financial markets due to the fact that significantly larger lines of currency are needed to make the market both accessible and profitable for non-institutional investors.

At LMFX, they offer its clients up to 1000:1 leverage on our MetaTrader4 and MetaTrader5 platforms.

These relatively high amounts of leverage allow you, the trader, a maximum opportunity to turn your investment capital into a formidable vehicle to reap maximum profits, albeit at significant risk.

9. Fractional Pip Pricing on LMFX MT4 and MT5

Some of the world’s most liquid trading pairs are traded in such high volumes that an additional decimal place in the pricing translates to more precise rate quotations, tighter spreads and enhanced opportunity for scalpers.

Fractional Pip Pricing refers to adding an additional decimal place to rate quotations.

At LMFX, most currency pairs are quoted in 5 decimals, allowing you to trade better than in many other forex companies.

See more about LMFX’s Trading Conditions

10. LMFX’s Best Execution Policy

LMFX connects you directly to all the liquidity you need to trade efficiently.

LMFX works with tier-1 banks to give you the best price available at any given time.

The price you see on your platform is an ESP price, an acronym for an Executable Streaming Price, which means that what you click is what you get.

Extreme volatility, illiquidity or internet latency issues may lead to trade refusals, however LMFX has secured ample liquidity from multiple partners and invested in an IT infrastructure which is more than capable of limiting this type of occurrence to a small number of trades.

In other words, LMFX’s trading community is large and varied enough that LMFX can practically guarantee that what you click is, indeed what you get.

11. One Click Trading for instant orders

One-click-trading is available on the LMFX’s MT4 and MT5 platforms, allowing you to buy or sell into the market with a single click directly off the charting visuals.

This gives you the freedom to make the kinds of trades, like scalping, that may demand VERY precise timing in fast-moving markets.

If you are just getting started in the market, or simply someone who likes to double-check their decisions before pulling the trigger, you may consider a two-step trading system like the one LMFX offers in the MT4 and MT5 platforms.

Go to LMFX Official Website

12. LMFX MT4 and MT5 with Market Depth

On LMFX MT4 and MT5, you can view the depth of the market in real time.

As experienced traders know, spreads often widen as you trade larger and larger orders.

This is because the counterparty to the trade, the provider of the currency you are trading, is assuming more risk by giving you a larger position.

To this end, LMFX delivers market depth, a transparent feature which displays best Bid and Ask prices from multiple providers, and the associated quantities available at those prices in real-time.

When you combine this level of market transparency with the power of one-click-trading available with LMFX and automated execution, you end up with an extremely efficient, responsive solution for the fast-moving world of forex.

Open LMFX MT4 an MT5 Account

13. LMFX’s Market and Contingent orders

With LMFX, spot orders placed in the market are based on What You Click is What You Get.

As mentioned above, this automated execution system, known as Fill-or-Kill, removes the risk associated with slippage or re-quotes.

Pending Orders – all contingent orders are based upon Best Price, so your pre-set order will be triggered at the price level you specify.

However, in the event that the specified price cannot be filled, the system will fill your order at the next, best price.

In the event of a market gap across a pending order (i.e., if the market prices are moving quickly and multiple prices are available over short periods of time), the order will be triggered and filled at the next best price.

For more information about these order types and what they do, please refer to LMFX Official Website.

Visit LMFX Official Website

14. LMFX secures your tradings and information

LMFX’s trading platform is designed to meet the rigorous security standards of international financial and banking institutions.

Throughout LMFX’s years of operation, the company has always put client’s information security as first priority.

LMFX has implemented state-of-the-art technology and detailed processes to handle key areas such as user authorization, data protection, and network communication.

LMFX’s trading platform enables its clients to trade with total comfort and security.

All connections and data communication between the trading client and LMFX’s servers are encrypted and secured with dynamically generated 128-bit keys, the standard for banking operations.

All personal and account information on LMFX Official Website are also encrypted by using VeriSign issued 128-bit-SSL certificates.

As technology evolves, LMFX will continue to enhance and increase the level of security.

Go to LMFX’s Online Registration Page

15. Withdraw your funds with secured methods

LMFX prides itself in transparent and efficient fund withdrawal policies.

These procedures can be completed online and are designed with your security in mind.

Your funds will be transferred back to the original source you used to fund your account.

In some cases LMFX cannot refund the excess profits back to the original source you used to fund your account, LMFX will transfer the funds to your identified bank account.

This account should be in the same name as the account maintained with LMFX.

All you need to do is to click on Withdraw funds and enter the amount you wish to withdraw from your account.

LMFX Client Portal Login

Learn Forex and CFD trading with LMFX

Learning is a lifetime activity.

It requires discipline and a unique set of resources.

The great news about forex education is that it can be a means of achieving the life you have dreamed about a life of freedom and leisure where you work at your own pace and set your own schedule.

At LMFX, they are committed to providing you with a forex education that meets you right where you are.

Whether you are a novice or a pro, LMFX will provide you with a constant stream of materials that help you grow day by day, trade by trade.

There may be many different trading strategies and individual traders develop their own personal trading “styles”.

Yet within all this variety, there are critical concepts, vocabulary, and dynamics of the forex market that are important to understand.

In order to help you become a consistently successful trader, LMFX will be continuously offering “How To” guides in LMFX Official Website.

Signup for LMFX and get access to Education

How to become an IB or affiliate?

To sign up with the LMFX affiliate program, please verify your client profile in full.

Then, in the Client Cabinet, select the Partners menu section.

Read the terms of the Affiliate Agreement carefully, specify your website address and contact information (optional), then click Continue.

If you have any questions, please contact the partner department.

Become a partner of LMFX