LMFX?

[tama13]

I have been looking at this broker in hopes of opening a micro account, though i do have my main fund with another broker, does any one has any experience? thank you

[vmusci87]

If you want to diversify your fund, I advice you to try PAMM since you have traded mainly with another broker, check if you broker provide PAMM or not.

[LMFX]

Dear Forum members,

I am an official representative of LMFX and I am here to answer any questions you might have! It will be my pleasure to assist you!
Thank you!

[LMFX]

Dear Forum members,

I am an official representative of LMFX and I am here to answer any questions you might have! I will be happy to assist you!

[tama13]

I think they do offer pamm, but ill be doing a premium account, not much of a pamm guy, I like to trade my money and if i lose all i have to blame is my self, but so far so good, trading lmfx is generating good results, they do have a slight advantage over my other broker interms of execution. thats positive.

[vmusci87]

This broker offer 3 account type (standard, raw spread and fixed spread), follow me, it's quite enough and suitable for most traders. But it also has PAMM, I don't have too much time for watching chart and pending orders, I will check their PAMM and be back for a detail review soon.

[tama13]

yeah, but its not such a bad start, i mean, the execution is really stable and fast, no issues with their premium account, 2 withdrawals so far, and it all went smooth.

[vmusci87]

Thanks for your review, I also want to check other account types but Premium is enough, especially you successfully withdrew money.

[tama13]

yeah i can say if you not much of a scalper like my self then stick with premium, its good, very solid..

[vmusci87]

I also notice Premium and it doesn't have commission. But I think the spreads must be higher than The Zero account. But Zero Commision should be looked over too.

[tama13]

the spreads on premium are really low compared to other premium or micro accounts of other broker, look at the AUD and GBP pairs its really noticeable, on the other hand yes the zero spread offer very low spreads close to zero and it does come with commissions, it really depends on your trading style

[vmusci87]

Indeed, this broker is really different, no micro account and the starting deposit is really small

[stafx]

I am trading premium account with this broker and i have noticed this broker is accepting traders from US also with good trading conditions so far..

[tama13]

i mean it doesnt matter, like most micro accounts are for testing really, and starting with premium is way better, and the min deposit is not bad at 50, and usually starters will start with atleast 200 thats another good theing,

[vmusci87]

I recommend you to start from at least $500, 200$ is only for normal time, in violative periods, it cannot maintain the positions except your traded lot is minimal.

[tama13]

yeah i guess, thanks for the advice, but we still can work with 200 for starters, but i do agree 500 can be a better start.

[vmusci87]

it depends on how many lot you trades per order or at the same time. But 200 is safe for 0.0x lots.

[tama13]

yeah for smaller accounts i keep it between 0.01 and 0.05, i dont try to maximize or anything, just safe trading and hopefully getting the account bigger

[tama13]

hey guys, its been a while how is trading been doing?

[vmusci87]

Not quite good after NFP news any lost some. Looking for a new entry on EUR/USD and see if it's restored or not.

[tama13]

grabbed a couple of good pips during the fed announcement, lets see how it goes in december for now im minimizing loses, keeping it low

[vmusci87]

US. Election is very near, did this broker apply any changes on the trading conditions?

[tama13]

its all trump and the office turn over is near, its going to be pretty interesting from here on out.

[vmusci87]

How does a broker could provide a Master/Visa card? I see some brokers are offering mastercard linking to trader's balance of that broker and it seems convenient for traders.

[tama13]

the broker has nothing to do with success compared to the strategy and trading habits one acquires, sounds more of a marketing post, like seriously why not make a thread of your own, not to compare, but by simply stating that lmfx is delivering the right services to keep me ontrack with my trades are more than enough.. and best of luck

[ape]

My advice for anyone using CC to deposit, you can save by buying Skrill/Neteller from an exchanger for deposit, it's cheaper if your fund is large.

[tama13]

yeah i head about this, i used to trade paypal for skrill lol. but if a straight forward approach works fine then stick to it.

[piplaser]

Originally Posted by LMFX

Dear Forum members,

I am an official representative of LMFX and I am here to answer any questions you might have! I will be happy to assist you!

hello, I keep hearing much fuss about LMFX. I've not used you guy yet, but I was wondering, are you guys regulated? and by whom? thanks

[tama13]

might as well give their support a chat, but so far a year of using them its its doing fine.. small account not much to brag about but did hit my ROI last year. u might love the spreads on majors here its smaller than most and best of luck

[vmusci87]

Just withdrew from this broker and they process withdrawal within 24 hours, it's swift.

[vmusci87]

Any Skrill exchanger here, I want to exchange my Skrill money into Paypal.

[tama13]

becareful of exchangers, i just hope you stumble upon honest ones, but on the other hand check for skills transfer to mobile wallet, thats what i use.

[vmusci87]

I hear about mobile wallet, is it convertable to local money ? Or you are using a local mobile wallet that can receive money from Skrill.

[tama13]

im using a local mobile wallet to link with skrrill. exchange rates are a pain but it secure and really fast

[PapiaKhatunAsha]

I have no clue about this company and I don’t think it really make sense to work with broker that’s not transparent. It will just create risk that’s unnecessary and unwanted. I know this well because I lose a lot with brokers like Instaforex, so such mistakes won’t be repeated by me, at least.

[tama13]

if u have been around the forex world i guess we all know instaforex and how it worked, I do have an account with lmfx and they have been around for a while and they are pretty good in my opinion

[tama13]

how is everyone doing? hope trading is doing good

[vmusci87]

Does this broker offer any contest or bonus program for new trader? Wanna test out something?

[tama13]

if im not mistaken there is an ongoing learn to earn contest going on right now, you can give it a shot...

[vmusci87]

Do you have a link to it?