Golden Draw Contest Offered by LMFX Golden Draw Contest Offered by LMFX

Promotion Details

Offer 50g Gold Bar
How to get You need to make a minimum deposit of $2000 and trade a minimum of 20 standard lots
Available to All traders of LMFX
CFD Service. Your capital is at risk.

LMFX

Extremely popular for its excellent service, LMFX is an international broker that since its inception has invested significant resources to provide traders with an efficient service, full of opportunities, and with high security standards.

The main goal of the broker is to create an innovative environment with flexible trading conditions and a wide range of state-of-the-art tools and features for investing in forex, indices, commodities, cryptocurrencies, precious metals, energy, and stocks. Both novice and experienced traders will have the opportunity to easily access markets and fully leverage their capabilities, thanks to a fully dedicated and partly customizable service.

Being strictly regulated, LMFX guarantees traders maximum transparency and security. All trader funds will be managed following legal standards and will be deposited in segregated accounts, completely separated from the company’s capital which cannot access them in any way. A mix of cutting-edge technologies, competitive conditions (including spreads starting from 0 pip and zero commissions), a wide list of available accounts, and interesting promotional initiatives represent the perfect combination to gain maximum advantage from any operation.

Safe funds.
All trader funds will be held in fully segregated accounts separate from the company’s capital. Moreover, LMFX will neither access the trader accounts nor use the deposited funds for ulterior purposes.
Educational material.
Experience and knowledge are indispensable weapons to face the markets. Fully aware of the importance of trading informed, the broker offers clients an excellent education section, full of great content to expand their knowledge and perfect their style.
Customizable Client Area
To allow clients excellent management of their accounts and investments, the broker enables adaptation based on their own operating methods, parameters, and client area functions.
Rapid and flexible deposits.
To make deposit transactions to the account, each client will be able to select the most suitable method, choosing one from a wide list available.
An account for every trader.
The range of accounts offered by the broker has been carefully structured to meet the needs of any type of trader. Novices, professionals, high-volume investment traders, day traders, and clients with specific trading characteristics can select the right option and invest to the fullest of their capabilities. A particularly important detail concerning all offered accounts involves the minimum activation deposit which does not exceed $25. A feature that outlines the attitude of a broker who cares about the individual as well as the figure of the trader. Each client, regardless of experience level or trading volume, can decide how much and when to invest, in complete tranquility.
Characteristics LMFX
Trading platform MetaTrader 4, Mobile app, Copy trading, Mobile app, Web Trader
Available accounts Premium account, Fixed account, Micro account, Zero account
Account currency USD – EUR (changes based on the selected account)
Minimum deposit Starting from $5
Maximum leverage Up to 1:1000
Contract size one lot equals 100,000
Minimum trading volume 0.01 lots
Available instruments forex, precious metals, stocks, spot indices, and energies
Margin call 50% – 30% (varies based on the selected account)
Stop out Varies from 20% to 15% based on the selected account
Mobile trading Supported by any offered platform
Order execution Market
Promos and contests Available
Trading commissions Starting from zero (variable based on the selected account)
Spreads Variable starting from 0.0 pip (variable based on the selected account)

As previously mentioned, in addition to offering clients an excellent trading environment, the broker periodically launches interesting promotional initiatives with the intention of: encouraging traders to evolve their status, expand their experiences, and negotiate advantageous extra funds.

Among the promos available at this time, the Golden Draw has aroused considerable interest among traders given its features.

Visit the official LMFX website

*Official Website: lmfx.com

Golden Draw

An attractive promo as well as extremely advantageous, the innovative Golden Draw contest launched by the broker, offers clients the chance to win a 50-gram gold bar as a prize!

Here’s how it works:

  • To be able to enter the contest, all participants must be holders of a rigorously verified account.
  • To activate the promo, a minimum deposit of 2000 USD is required.
  • To be included in the final drawing, the participant must trade a minimum of 20 standard lots during the entire promotional period. Additionally, for every 10 additional lots traded, the trader will have greater chances of securing the coveted prize
  • The promo lasts for a year. At the end of the promotional period, the 20 lucky winners will be drawn. Winners can choose to receive the gold bar or its equivalent in cash.
  • With the exception of Micro accounts, all accounts available with the broker are compatible with the offer. Consequently, every trader can select the most suitable account for their needs and trade to the best of their abilities.
Characteristics Golden Draw
Minimum deposit required $2000
Prize at stake 50g gold bar (or cash equivalent)
Access All clients
Trading restrictions None
Validity period of the promo One year
Compatible accounts All accounts are eligible (except for Micro accounts)
Conditions of use Trade a minimum of 20 standard lots within the set times

As already specified, the greater the quantity of standard lots traded, the higher the chances of winning the prize (by trading 10 lots more than the 20 required to enter the drawing, the trader increases their chances of victory by 1, consequently with thirty lots traded the chances of accessing the final drawing will double).

Participate in the Golden Draw

*Official Website: lmfx.com
Terms, Conditions, and Useful Information about the Promotion

To access the Golden Draw contest, each trader will be required to read and accept the rules carefully. In the next list, a summary of the main information and rules to know:

  • To access the promo, the trader will not need to register. With a deposit of 2000 USD, the contest will be automatically activated.
  • To participate in the initiative, the trader must be the holder of a rigorously verified account. In practice, the client will need to prove their real identity and country of origin by sending the necessary documentation for account activation (photo of identity card and a recent bill with a visible address).
  • To qualify for the final prize drawing, the client must trade a minimum of 20 standard lots within a time limit of one year. The contest will start on May 1 of the current year and will end on April 30 of the following year.
  • The promo is accessible both by traders already holding a real account and by new subscribers. all available accounts are compatible with the promo, with the exception of micro-type accounts.
  • There are no particular restrictions or onerous clauses. The promo will be automatically activated by depositing the required amount. However, if the trader is not interested in participating in the promo, they can decide to abstain by sending a request to the email address support@lmfx.com.
  • At the end of the promotional period, the broker will conduct the drawing to award the prizes to the 20 lucky traders. Each of them will win a 24-carat, 50-gram gold bar (or the equivalent in dollars, if the client requests it).
  • For every 10 extra lots traded, the client will double the chances of winning.
  • Transfers between accounts will not be considered as deposits and therefore not suitable for activating the contest.
  • To be considered valid for the calculation of the necessary lots, the transactions carried out must have a duration longer than one minute (opening and closing).
  • Only operations with a difference of at least 5 pips between the opening and closing price will be eligible for the counting of the necessary lots.
  • At the end of the promotional period, the winning traders will be drawn. Each client can access the list of winners by visiting the page dedicated to the initiative.
  • Once the drawing is done, all winners will be contacted within 3 days by the support team via email or phone. The trader will have to decide whether to receive the gold bar or its equivalent in cash. If the trader chooses the cash prize, the broker will credit the winner’s account. The extra funds can be withdrawn at any time
  • Each trader has the opportunity to access the initiative a single time and on only one account. Each year, by making a minimum deposit of 2000 USD, the activation of the promo will be automatic.

Participate in the Golden Draw

*Official Website: lmfx.com

Available Accounts

The range of accounts offered by the broker is structured to meet any need or trading style. Beginners, experts, or professionals with specific trading preferences can select the account most suitable to their modus operandi and gain the maximum advantage from any trading experience. Among the accounts available with the broker, only the following allow access to the offer:

The available accounts are:

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

Open an account with LMFX

*Official Website: lmfx.com

Premium Account

An account type designed for professional traders with proven experience who need specific conditions and dedicated services to trade to the fullest of their capabilities, the Premium account provides access to a high-performance environment to create efficient strategies with excellent risk assessment.

Characteristics Premium Account
Zero swap option (Islamic account) Available
Maximum leverage 1:1000
Spread Variable starting from 1 pip
Contract size 1 lot = 100 000
Account currency USD – EUR
Trading commissions Zero
Minimum deposit 5 USD
Maximum total size per operation 50
Maximum number of open operations 100
Trading on Forex, Metals Yes
Trading on Oil, Indices, Commodities, Stocks Yes
Fifth decimal place pricing Yes
Available platforms Meta Trader 4 – Web – mobile app
Margin call 50%
Stop out 20%

Open a Premium account

*Official Website: lmfx.com

Fixed Account

An account created exclusively for traders who prefer trading with variable costs fixed on the spread and with zero commissions, the Fixed account is an excellent choice for any trader intending to trade on the available instruments, based solely on cost variations.

Characteristics Fixed Account
Zero swap option (Islamic account) Available
Maximum leverage 1:400
Spread Fixed, varies based on the selected instrument
Contract size 1 lot = 100 000
Account currency USD – EUR
Trading commissions Zero
Minimum deposit 25 USD
Maximum total size per operation 50
Maximum number of open operations 150
Trading on Forex, Metals Yes
Trading on Oil, Indices, Commodities, Stocks Yes
Fifth decimal place pricing Yes
Available platforms Meta Trader 4 – Web – mobile app
Margin call 30%
Stop out 15%

Open a Fixed account

*Official Website: lmfx.com

Zero Account

Unlike the Fixed account, the Zero account type is characterized by trading with fixed costs (with minimized commissions and variable spreads starting from 0 pip). This type of account is typically chosen by traders with high investment volumes, intended to accurately quantify costs before opening any operation.

Characteristics Zero Account
Zero swap option (Islamic account) Available
Maximum leverage 1:250
Spread Variable starting from 0 pip
Contract size 1 lot = 100 000
Account currency USD – EUR
Trading commissions $4 per lot
Minimum deposit 15 USD
Maximum total size per operation 50
Maximum number of open operations 200
Trading on Forex, Metals Yes
Trading on Oil, Indices, Commodities, Stocks Yes
Fifth decimal place pricing Yes
Available platforms Meta Trader 4 – Web – mobile app
Margin call 30%
Stop out 15%

Open a Zero account

*Official Website: lmfx.com

How to Open an LMFX Account

The process that offers traders the possibility to open a new account with the broker is quick, easy, but above all secure. In a few minutes, the interested trader will be able to opt for the most compatible account to their modus operandi, register, and make a deposit to start investing. LMFX is a strictly regulated broker by multiple control bodies. To protect both the company and the client themselves, the latter will be required to perform a verification to prove their real identity and country of origin. Once suitable, the client can activate the account and start interacting on the markets.

To sign up and open a new account, just follow these very simple steps:

First Step
To begin, the potential client must access the official broker site and click on the “Register” icon, visible at the top right of the screen. On the new page titled “Create your portfolio”, provide the form by entering: name, surname, email address, phone number, country of residence, date of birth, and account currency. Accept the terms and conditions of use (after having consulted them with extreme attention) and click on “Register now”.
Second Step
In this step, the client will need to provide additional information regarding experience level, risk propensity, the quantity of potentially investable funds, income, industry and job type, account type, leverage to use, and trading platform.
Last Step
Finally, to definitively activate the account, the trader will undergo a verification that will allow proving their identity and country of origin. To do so, they must upload a clear front and back photo of an identification document (identity card, driver’s license, or passport) and a recent bill (electricity, gas, internet) containing the complete address. Once suitable, the client can make a first deposit using the payment method best suited to their needs and start trading.
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