LMFX's all Trading and Price Prediction Contest for FX traders
- 3 Contests for traders of LMFX
- LMFX Crystal Ball Price Prediction Contest
- LMFX Learn and Earn Demo MT4 Trading Contest
- LMFX Ultimate Traders Live MT4 Trading Contest
Join LMFX’s Demo and Live MT4 trading contests and Price Prediction competition.
3 Contests for traders of LMFX
Every month and week, LMFX runs various trading contests and a price prediction contest for traders.
All contests are free to join, and there is no specific requirement.
To join LMFX’s trading contests and campaigns, you only need to open LMFX’s MT4 trading account.
Along with these contests, LMFX also runs bonus promotions for traders.
For the list of all bonus promotions available with LMFX, visit the page here.
LMFX Crystal Ball Price Prediction Contest
Every week, LMFX is giving away total funds of 1,750 USD to the participants who have predicted closest number of a future price.
No deposit required, No risk involved and It is Free to join!
This contest runs every week!
How to join the “Contest”?
To join LMFX’s price prediction contest, follow the steps below.
1. Sign up with LMFX and Open a Live Account
Sign up and open a live account with LMFX.
You also need to verify your personal information with documents(ID and Proof of Address).
Point – For the contest, No deposit is required, but only account opening and verification.
Go to LMFX Online Registration Page
2. Verify your Phone Number
Login to “LMFXconnect” and go to “Profile” under your name, and click on “Phone Validation Tab”.
In there, you may verify your phone number with SMS message.
3. Go to the Promotion Page
Go to the promotion page within “LMFXconect”, and check out which symbol you will need to predict the price for.
The promotion is absolutely Free to join!
4. Get “the Code” through SMS message
In the promotion page, click on “Request Code” and get the temporary code for yourself as below.
5. Enter the Predicted price
For the specified symbol, predict the price of the Next Monday, at 12:00 in LMFX trading server time. (GMT+2 or GMT+3 in summer time)
And click on “Submit Entry”.
There will be 3 winners of the contest, and they will receive award funds as follows.
1st – 1,000 USD
2nd – 500 USD
3rd – 250 USD
Withdrawal Conditions
The prize funds are not available for withdrawal, but profits made on the fund can be withdrawn.
In case you make a withdrawal request from the relevant account, all bonus amount will be also cancelled from the account.
Terms and Conditions
Please make sure that you know the rules of this promotion before joining. We have summarized some of the important conditions below.
- The promotion is available only once per client.
- To join the promotion, you must verify your account beforehand.
- The prizes are not available for withdrawal, but available only for trading.
- The contest runs every week continuously.
- The symbol you will need to guess the price changes every week by LMFX.
- The contest doesn’t require any deposits or tradings.
- The prize funds can only be credited into live accounts which have never received other bonuses.
You can download the official Terms and Conditions of the promotion from below.
Refer also to LMFX Crystal Ball Contest Official “Terms and Conditions”.
For more information about LMFX’s price prediction contest, visit the page here.
LMFX Learn and Earn Demo MT4 Trading Contest
LMFX is giving away 1,750 USD for the winners of “Monthly Demo Trading Contest”.
The rule is simple.
Trade on a MT4 Demo account and the traders with higher % gained will receive total award of 1,750 USD in their live trading accounts.
How to join the “Demo Competition”
To join LMFX’s demo trading competition, follow the steps below.
1. Sign up with LMFX and Open a Live Account
You are required open at least One Live Account and Verify it with Documents(ID and POA).
Point – To join the contest, you do not need to make a deposit or trade.
2. Open a MT4 “Contest” Demo Account
Now open a Demo account through “LMFXconnect”.
When you open one, choose “Learn and Earn Contest” as below.
*The registration of the contest is available at anytime.
After successfully registering for the contest, your Demo account will have 100,000 USD of virtual funds inside, and the leverage to be fixed to 1:400.
3. Start Trading and Make Profits
Start trading now, as the contest is available within the month you are in.
LMFX allows all kinds of trading activities in contest accounts.
4. Receive 1,750 USD in total
The Top 3 traders will receive the prize funds as follows.
- 1,000 USD
- 500 USD
- 250 USD
*At the end, all demo accounts will be automatically taken into the next contest.
Withdrawal Conditions
The prize funds received are available for trading, but not available for withdrawals.
You can withdraw your funds and profits from the account at anytime, but in case you make a withdrawal from the relevant account, all bonus amount will be deducted from the account also.
Terms and Conditions
Please make sure that you know the rules of this competition before joining. We have summarized some of the important conditions below.
- Each contest is available only once per client, IP address, household.
- Each contest starts from 00:05 on the first weekday of the month, and ends at 23:59:99 of the last weekday of the month.
- Prize funds can only be credited into live accounts with no other bonuses credited.
- Any withdrawals from the account which has received prize funds are available only when all positions are closed.
You can download the official “Terms and Conditions” of the contest below.
Refer also to LMFX Learn and Earn MT4 Demo Trading Contest Official “Terms and Conditions”.
For more information about LMFX’s learn and earn trading contest, visit the page here.
LMFX Ultimate Traders Live MT4 Trading Contest
Join this MetaTrader4 Live Trading Contest for Free!
LMFX is giving away 1,000 USD every month, and 100,000 USD every year!
How to join the “Trading Contest”
To join LMFX’s live trading contest, follow the steps below.
1. Sign up with LMFX and Open an account
Sign up for LMFX from the page here.
All account types are eligible for joining this contest.
2. Make a Deposit
The minimum required deposit amount for the contest is 500 USD.
LMFX accepts many deposit methods including Bank Wire Transfer, Card Deposit and many other Online Payments.
3. Confirm your Participation to the Contest
Go to the contest promotion page, and confirm your participation to the contest, by typing your account ID below.
Once you join the contest, the account will be automatically taken into the next contest.
*The participation of each contest is available before the 7th calendar day of the month.
4. Start trading and Make profit
The contest is run within the month you are in, and it will repeat every month.
LMFX allows all kinds of trading activities through the promotion.
Point – The top traders of the contest will be chosen according to the “gain of percentage”, but not the profit amount.
5. Prizes will be distributed
Every month, the prize fund, 1,000 USD will be awarded to the “Top Trader” of the month.
*The Prize fund 1,000 USD is available for trading, but not for withdrawal.
At the same time, the top 10 traders will be awarded with “LMFX Top Traders Points” as follows.
Contest Ranking | LMFX Top Traders Points |
---|---|
1st Prize | 20 points |
2nd Prize | 16 points |
3rd Prize | 12 points |
4th Prize | 10 points |
5th Prize | 9 points |
6th Prize | 8 points |
7th Prize | 7 points |
8th Prize | 6 points |
9th Prize | 5 points |
10th Prize | 4 points |
Point – The trader with more “LMFX Top Traders Points” at the end of the year will be awarded with 100,000 USD in the MT4.
6. Win 100,000 USD at the end of the year
The trader who has gained the larger number of “LMFX Top Traders Points” will be awarded with 100,000 USD.
Then the winner of the fund can trade on behalf of LMFX with the following conditions.
- Stop Out at 80,000 USD
- Leverage fixed at 1:50
- Success fee you can earn is 20% quarterly
*Only the traders who joined at least 6 contest rounds and traded 10 positions at each contest are eligible for receiving this award.
Withdrawal Conditions
The prize funds cannot be withdraw in any cases, but your own funds and profits made in the relevant account can be withdrawn at anytime.
In case you withdraw a part of or whole funds from the relevant account, the prize funds will be withdrawn at the same time.
Terms and Conditions
Please make sure that you know the rules of this contest before joining. We have summarized some of the important rules below.
- Each contest is available only once per client.
- Each contest starts at 00:05:00 of the first working day of the month in MT4 server time and ends last day of the given month.
- The prize fund cannot be credited into a live MT4 account which has already received another bonus through other promotions.
- The prizes funds through the promotion cannot be withdrawn, but your deposit funds and profits can be withdrawn at anytime.
- The top trader(winner) of the contest cannot receive the prize again within 3 months period. But this rule does not apply to the awards of “LMFX Top Traders Points”.
You can download the official Terms and Conditions of this promotion below
Refer also to LMFX Ultimate Traders Trading Contest Official “Terms and Conditions”.
For more information about LMFX’s live trading contest, visit the page here.
Comparison of LMFX’s all trading account types
LMFX has 3 trading account types which are Fixed, Zero and Premium.
See the comparison of these 3 trading account types below and choose the right account type for your trading strategy.
Account Type | Fixed | Zero | Premium |
---|---|---|---|
Minimum Spread | Fixed from 1.8 pips | From 0.0 pips | From 1.0 pip |
Maximum Leverage | 1:400 | 1:250 | 1:1000 |
Minimum Deposit Amount | $250 | $100 | $50 |
Trading Commission | None | 4 USD per lot | None |
Account Currency | USD & EUR | USD & EUR | USD & EUR |
Available Markets | Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities | Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities | Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities |
Max Trading Volume | 75 lots | 100 lots | 60 lots |
Max Number of Open Trades | 150 | 200 | 100 |
Web Trader | Available | Available | Available |
Mobile App | Available | Available | Available |
Margin Call % | 30% | 50% | 50% |
Stop Out % | 15% | 20% | 20% |
Account Registration | Open Fixed Account | Open Zero Account | Open Premium Account |