Lmfx

Discussion in 'Forex Brokers' started by inggo, Oct 12, 2015.

  1. f4forex

    f4forex Active Trader

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    The benefits of sticking with major pair is they are liquid most of the time but exotic pairs as compared to the major are also subject to low liquidity and may also have high spreads than the spreads offered on majors.
     
  2. inggo

    inggo Master Trader

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    major pairs have most the information regarding them widely available, in forex the more info you know (in and out) the easier it is to actually have a clearer view of the course of each market, thats why they are the popular ones and who doesnt trade eurusd?
     
  3. garena

    garena Active Trader

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    Got a question, how did this broker accept US trader? I noticed some U.S reviews. It sounds strange because most brokers are not allowed to accept U.S traders.
     
  4. inggo

    inggo Master Trader

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    i think its one of a hand full of broker that are allowed to accept US traders and are not with in the scope of the law that disallow most off shore broker, its legal..
     
  5. garena

    garena Active Trader

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    I think if U.S trader could trade, maybe international brokers based at EU could get a lot of money :D
     
  6. inggo

    inggo Master Trader

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    happy new year everyone.. i hope this 2017 would bare more fruit for us all.. best of luck
     
  7. pipedition

    pipedition Trader

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    Just noticed 0.2 spread for EUR/USD as stated on the website but which account type get this spread? Anyone really experienced, please help.
     
  8. garena

    garena Active Trader

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    0.2 seems too low, I think only zero spread account could offer that spread. of course you would get commission in exchange.
     
  9. inggo

    inggo Master Trader

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    it did? im not sure, though the regular spread on eurusd are about 1.5-1.4 somewhere within that acceptable range.. i trade a premium account.
     
  10. garena

    garena Active Trader

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    1.4 and 1.5 is quite acceptable but not best, I think raw spread (< 1) could give you more chance in reaching TP level.
     
  11. inggo

    inggo Master Trader

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    its a give and take thing, i mean i guess the broker does need to make money as long as they dont go overboard then it should be acceptable and so far things seem smooth anyway
     
  12. garena

    garena Active Trader

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    How long does it take for wire transfer withdrawals, fellows? I only use Skrill and it takes longer than usual. Need finding a new one.
     
  13. inggo

    inggo Master Trader

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    skrill is going through major adjustments, unless your country is with in the sepa nations then its fine i guess, for for others, since the implementation of international transfers (which requires the transfer done in euro) i guess its more complicated than usually, some of us resort to online exchangers for skrill cashouts.
     
  14. garena

    garena Active Trader

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    I was using Skrill for freelancer business and it applied 3,9% fee for a long time (2-3 years). I have ternimated it and opened another Skrill account to free me from that fee amount. SKrill is still my choice but not best so far.
     
  15. pipedition

    pipedition Trader

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    Do you withdraw from Skrill smoothly from this broker? I hear some brokers charge fee when withdrawal.
     
  16. garena

    garena Active Trader

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    Yes, but only the past. 1 year so far I switched to Neteller and sometimes Skrill for online expense (no withdraw)
     
  17. inggo

    inggo Master Trader

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    no issues with skrill, usually processed easy really, but I would like to see their own card actually i think that would be more convenient.
     
  18. pipedition

    pipedition Trader

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    Thanks, look quite good. Which card are you mentioning?
     
  19. ashouq

    ashouq Active Trader

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    What i assume is that he might be expecting from this broker to issue a prepaid card.. correct me if i am wrong?
     
  20. pipedition

    pipedition Trader

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    Maybe but from what i Know, only a few brokers offering a prepaid card. But you can get one from payment processor as Skrill, Paypal, Payoneer.
     

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