8.4/10
(11 qualified reviews)
  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Trading by telephone
  • PAMM accounts
  • Segregated accounts
  • Affiliate program
  • US traders are welcome
  • Company Global Trade Partners Ltd.
  • Founded in 2015
  • Offices in
    • Macedonia, the Former Yugoslav Republic of
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4
  • Account currencies
    • Euro
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    • English
  • Support available in
    • English
  • Support methods
    • Callback
    • Email
    • Forum
    • Live chat
    • Phone
  • Trading server time zone GMT+2
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $50
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.2
  • Minimum spread on EUR/USD, pips 1
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
    • Gold & silver1:1000
    • Oil1:1000
    • Indexes1:1000
    • Soft commodities1:1000
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 20%
  • Minimum distance to stop/limit orders, pips 3
  • Number of currency pairs (of which exotic) 47 (11)
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $250
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 1.8
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:400
    • Gold & silver1:400
    • Oil1:400
    • Indexes1:400
    • Soft commodities1:400
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 30%
  • Stop-out level 15%
  • Minimum distance to stop/limit orders, pips 3
  • Number of currency pairs (of which exotic) 47 (11)
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.3
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $4
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:250
    • Gold & silver1:250
    • Oil1:250
    • Indexes1:250
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 30%
  • Stop-out level 15%
  • Minimum distance to stop/limit orders, pips 3
  • Number of currency pairs (of which exotic) 47 (11)
  • History
    Show history Hide history
View contract specifications

Reviews

14 reviews of LMFX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Ho Chi Minh.

I started trading with LMFX from end of 2016, I did try demo for 1-2 months before trading live. I noticed this broker through a promotion on my forex forums with Phone bonus that was very easy to acquire. Starting from Feb this year, I decided to deposit around 1k$ with some knowledges I learned from paid courses. It took me a few first loss week before I could make some profit with my strategy, I withdrew 200$ first profit through Skrill and I got money within 24 hours with notification email. My orders were executed on my expected price without widen spread. This broker have extensive list of trading pairs and commodities. Spreads are low, deposit bonus is optional. Overall an acceptable and credible broker.

, PH.

I am trading since 2010 and traded many brokers since then, I started testing this broker four months ago. No issues with them so far, as the trading platform is good and no problem in trade execution. Payments are also transferred instantly and withdrawals takes reasonable time to process as specified by them. Low spreads, active support services and acceptable trading environment. I would like to rate them 4.5/5 for now.

, Vietnam.

I had a live account with LMFX about 1 year. Overall the trading conditions are quite good with 0.01 minimal trading size and excellent spreads on Cable and other majors. The payment is really fast and no hidden fee, if you withdraw 100, you get 100 while some brokers I tried could charge you a few cents. 4.5 stars from me!

, USA.

Generally speaking, their trading services are not the worst, although terminal time sometimes stays steady. But the worst thing I've noticed is their bonus conditions that excludes reasonable chances for profitable trading. Once there is a drawdown that uses bonus money, leverage makes nothing of itself and it doesn't even able to margin call the order, margin seems to be somehow released or anything like that. This showcase of allegedly flexible bonus and high leverage is only just for catching your eye. Once you're caught, you realize all roadblocks of this service. Besides, they could think about making their spreads smaller under their current conditions.

, Philippines.

this review comes after my 3rd withdrawal from a 7 month old premium account, the broker was introduced to me through a friend and i have been using them as a secondary account. Opening an account is easy, though documentation can be a bit strict, over all the live environment is ok, spreads are smaller than average good for scalping. not much interaction with support, haven't had a reason to do so. Though i was able to withdraw three times, but it will take a little bit more trading to cover the long term aspect, but so far so good. well balanced broker.

, Pakistan.

Traded premium account and I guess this broker is good enough with convenient trading conditions. I tried scalping strategies too and get my withdrawals easily to my e-wallet on the same day. I must recommend this broker to everyone!

, India.

Tried this broker by getting Google ads with small deposit. Good spread, fast execution and friendly customer service. I like the chat system they came up with. That chat system has good option to contact the manger as well via email. So I can say that this broker deserve one try, So far happy with their services. As per my latest experience I can say that this is good broker in compare to other new broker in Market. Lets hope its maintain the same in future too.

, HCM, Vietnam.

This lmfx account would be my 2nd account, I trade two brokers and 3 months with lmfx, most my trades are around xauusd and oil, with a couple of trades on eurusd and gbpusd, spreads in general are acceptable even in high-volatility market, i was able to scalp the gold market as it reached 1263 mark, something worth mentioning is the scalping ease as the prices dropped the following days,.this broker might be young and yes there are room for improvements, but with the results im getting from both terminals and services, i can say this broker is serious which is good. i made a test withdrawal ion the 15th and got it in my account on the 16th.

, United States.

Good broker for traders who apply scalping strategies. I had no limitations from their side so far and all of my conversations with customer support confirmed that there is no limitation on trading strategies. I can recommend this broker.

, .

Unfortunately, this turned out to be one of those companies whose terminals often hang freezed under high volatility. It's awfully irritating when trading is on and and you can't operate with terminal, and it often turns into loss trades. My opinion is that these guys have to fix this thing. About other points, this broker provides usual conditions, although interface in general is tasteless and spreads are quite bigger than by many others. but again, terminal tricks spoil everything

, Philippines.

They do have a good number of pairs to choose from, the process of opening an account is very acceptable, one noticeable feature is the speed of execution. In 2 months of trading, i only had one test withdrawal and it was processed with in the given time. so far there is nothing to complaint about. good broker

, Ho Chi Minh, Vietnam.

I have tested 3 demo accounts at this broker for 2 months, and I decided to open premium one. Opening account is really fast, no special document required except ID and Bank Statement. The customer support team are very good in response, the platform is stable, good for trading no requote even in last FED meeting. I think I will keep trading with this broker for several months until I withdraw several times.

, United States.

Good spreads and execution combined with a nice set of platforms and higher leverage. Good option for traders looking to move offshore.

, United States.

This recommended on a trading course which I attended to all of the students. Due to my location I don't have access to many brokers with similar conditions, but I like their service so far. The good spreads with the high leverage are a good option for a trader with only 2 years experience like me. I hope they will keep up what they currently offer

Visit LMFX website

Submit your review

To submit your own Forex Broker review for LMFX fill the form below. Your review will be checked by a moderator and published on this page.

By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties.Make sure that you are entering a valid email address. A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address (e.g. example@mailinator.com) will not be published. Please submit your normal e-mail address that can be used to contact you.

Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

Required
Required (will not be published)
Only first and last digit will be published
Impression about company
Image Code (5 characters)