LMFX

An international broker focused on creating an environment centered on the needs of the individual rather than just the client, LMFX is considered one of the best brokers in the world for its excellent service. Strictly regulated by multiple supervisory bodies, the broker guarantees very high security standards to trade without problems on a wide range of products (including forex, precious metals, stocks, spot indices, and energies) with advantageous conditions and cutting-edge tools.

Being aware of the countless characteristics and needs that make each trader unique (level of experience, risk propensity, trading preferences, etc.), LMFX offers an innovative service, designed to meet the demands of every single client, regardless of their level of knowledge, trading volume, and more. Individual trading conditions, customizable accounts and platforms, maximum transparency, and lightning-fast execution speed represent the perfect combination for an extraordinary trading experience that perfectly adapts to one’s modus operandi.

The broker emphasizes that it offers a service to “people” and not just to “traders.” A clear viewpoint that denotes the real goal of a leading company in the sector: to allow anyone to understand the markets and profit from them.

Individual and Advanced Retail Trading

Adapting to customer needs by offering customized solutions with cutting-edge tools for compatible and efficient trading.

Technologically advanced trading tools.

State-of-the-art platforms that include cutting-edge tools and features, an extremely intuitive interface, and speed of use. MT4 is undoubtedly one of the most powerful and popular platforms in the world. Easily usable by both experienced traders and beginners. Available in both desktop and mobile versions (apps for iOS and Android devices).

Education.

A detailed section dedicated to learning allows traders of any category to expand their knowledge and stay updated.

Funds are safe.

All client funds will be deposited in segregated accounts and separated from the company’s capital. The latter cannot access and use them for secondary purposes.

One-click trading.

A highly requested service, “One-click trading” allows traders to perform operations quickly, with just a few clicks of the mouse. Excellent for being able to react in time to any market changes and to take full advantage of any operation.

Exciting promos.

Bonuses, discounts, contests, and programs created to further benefit the trader in their ordinary operations.

As already mentioned, the broker periodically offers extremely advantageous promos and contests. Initiatives created with the intention of further improving the customer experience and enabling them to maximize profits.

Among the promos available in this period, the Cash Back Program has been very successful.

Visit the official LMFX website

Cash Back Program

An innovative and advantageous rebate program, the Cash Back launched by LMFX offers traders rebates on losses due to unfortunate investments.

The program is structured as follows:

• The promo is available for new customers and traders already holding a real account with the broker.
• To be able to request access to the promo, each account must be strictly verified.
• The Program offers traders up to 10% cashback on all losses from the previous trading day. The rebate will be quantified for each day a net loss is recorded.
• The extra funds can be reused in trading and can be withdrawn if conditions are met.
• To receive the rebate the trader must:
  1. Make a deposit on the same day of an amount equal to or greater than the cashback amount.
  2. Trade a volume equal to 1% of the cashback amount (not less than 3 standard lots).

In practice, if the trader makes a transaction on a certain day and incurs losses, they must deposit an amount of funds equal to or greater than the rebate and trade a trading volume of 1% calculated on the cashback (starting from a minimum of 3 standard lots) to be able to withdraw the refunded funds.

For example:

• A trader loses $10,000.
• They can receive a rebate of $100 (10% of $10,000)
• With a cashback of $100, to activate the withdrawal option, the minimum volume requirement will be 3 standard lots (minimum condition).
• For a hypothetical cashback of $500, the minimum required volume will be 5 standard lots (1% of $500 rebate).

Program Terms and Conditions

Following is a list of the main information and rules to know in order to participate in the promotional initiative.

• The promo is activatable on any account offered by the broker, except for Micro accounts.
• Each trader can access the initiative from multiple accounts simultaneously.
• The promo does not require registration, in case of a loss, the broker will send the client a rebate offer, which the trader can decide to accept or not, meeting the imposed conditions (deposit and trading the required lots for withdrawal).
• The promo does not impose any minimum deposit for activation.
• If a trader incurs a net loss on their trading activities, resulting from closed operations, they will be eligible to receive the cashback. The trading activity of all the trader’s real accounts will be counted towards the final trading result.
• The day after the loss, by 00:15 (server time), a 10% cashback offer will appear in the client’s wallet. The amount of the rebate will be calculated on the total losses of the previous day.
• If the trader does not make the necessary deposit to receive the rebate, the offer will be considered inactive, and the client can use any subsequent rebate offer.
• In case of a loss, every day the broker will propose a new rebate offer for the previous trading day. The trader can decide whether to adhere or not.
• Rebate offers are not cumulative. If the trader already has an active offer, in case of a loss another will not be offered.
• If the trader deposits an amount less than the cashback amount, the extra funds quantity will be calculated on the funds deposited. For example: with a cashback calculated at $10 and a deposit of only $5, the trader will receive $5 cashback.
• The minimum amount of rebates that each client can collect is 5 USD/EUR.
• The client will have the opportunity to trade on any instrument offered.
• To be considered valid for loss calculation, transactions must have a minimum spread of 5 pips and a duration of no less than 1 minute.
• Any cashback can only be withdrawn if the trader deposits the required amount and trades the minimum number of lots. The calculation of the volume required to withdraw funds will be fully automatic. The required volume is 1% of the cashback amount, with a minimum of 3 standard lots.
• There are no time limits to meet the required volume criteria. However, it should be noted that until the conditions are met, the trader will not be able to access a further cashback offer.
• Once the conditions are met, the trader will have access to a new potential cashback offer (in case of net loss)
• Each trader can make withdrawals without any restrictions. However, if a withdrawal is made before the trading conditions are met, the promotion will be automatically canceled and the amount of the cashback will be automatically deleted.
• If the trader fails to benefit from the transactions made and loses both their own funds and the cashback amount, the program will be considered unsatisfied. The participant will not be entitled to receive a new cashback offer, since the loss included the amount of a previously received cashback.
• Refunds will be exclusively dedicated to the loss of own funds (excluding extra funds from bonuses, cashbacks, contest winnings, etc.)
• The calculations made to quantify a cashback are based on a client’s entire portfolio and not on individual trading accounts held by the latter.

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Available Accounts

LMFX is transparent in every aspect and does not hide how risky investing can be. Despite this, it tries in every way to minimize risks and losses, offering dedicated tools and features, advantageous promotions (such as the Cash Back Program), and excellent personalized solutions. Among these, the available accounts make a difference.

The list of accounts available with the broker has been carefully created to allow traders of any category to trade to the best of their ability, in an environment that is both compatible and customizable. Experts with proven experience, beginners, and other traders with specific trading needs will have the opportunity to choose the option that best suits their modus operandi and interact in the markets efficiently. Among the accounts offered by the broker, the following allow you to take advantage of the promo just described:

• Premium Account.
• Fixed Account.
• Zero Account.

Access the LMFX Cash Back Program

Premium Account

An account designed primarily for professionals in the field, who require specific conditions and services to trade at the height of their abilities, the Premium Account offers trading with extremely high performance that allows the expert to develop both complex and profitable strategies, with a balanced risk management.

Open a Premium Account

Fixed Account

A type of account dedicated exclusively for traders who prefer trading with variable costs based on spreads and with no fixed commission, the Fixed Account is the right choice for all clients who intend to trade on a wide range of products available, sticking only to cost fluctuations. The right option for day traders and clients able to anticipate market fluctuations.

Open a Fixed Account

Zero Account

With basic characteristics opposite to the Fixed account, the Zero account offers trading based on fixed costs. Low commissions and variable spreads starting from 0 pip. A compatible solution for high-volume traders who want to calculate costs before making an investment.

Open a Zero Account

How to Open an LMFX Account

The process that allows traders to open a new account with the broker is simple and fast. In a short time, any interested trader will be able to access the dedicated signup page, register following the simple guidelines, choose the account suitable to their style, deposit funds, and start trading. It’s important to note that to successfully activate an account with the broker, the client will have to undergo a detailed verification of identity and country of origin.

To register and open a new account, just follow these simple steps:

First step.

To begin, the trader must visit the official website of the broker and select the “Register” icon at the top of the page. In the new “Create Your Wallet” screen, fill in the first simple form by entering: first name, last name, email address, phone number, country of residence, date of birth, and account currency. Read and accept the terms and conditions of use, click on “Register Now”.

Second step.

Now the trader will need to provide further information about their trading experience, risk propensity, potential funds to invest, income, sector and job role, type of account, leverage to use, and platform.

Last step.

To successfully complete the registration, the new client will need to verify their real identity and country of origin. To proceed, they must send a clear photo of the front and back of an identification document (ID card, driver’s license, or passport) and a recent utility bill (electricity, gas, internet) with the full address. If suitable, the trader will have the opportunity to make an initial deposit using one of the available funding methods and start investing.