How to open LMFX MT4 trading account? Table of Contents
- Open LMFX MT4 account today
- Why you should choose LMFX?
- Your Forex Trading with LMFX
- Why Forex is the most popular market?
- Invest in Stock Indices with LMFX
- Main Stock Indices that you can trade online
- Get access to Gold and Silver markets
- What is Commodity Market?
- Why trade Precious Metals?
- How is LMFX's Trading Conditions?
- STP Order Execution on LMFX MT4
- High Leverage up to 1:1000 by LMFX
- Tight variable spreads offered by LMFX
- Free and Instant Deposit for investors
- Quick Withdrawal from your MT4 account
- Benefits of rollover on LMFX MT4
Open LMFX MT4 account today
Open an account with LMFX and access over 56 currency pairs, precious metals and stock indexes with the lowest spreads in the industry.
Are you a beginner or experienced trading person? LMFX has the account type that suits you.
Choose from standard and micro-accounts and enjoy the same trading terms with a maximum leverage of 1:1000 and a 100% deposit bonus.
One of the most important steps in starting your Forex trading journey is to choose the right trader.
This LMFX offers the best terms and conditions and immediate execution to help you avoid costly mistakes.
Open LMFX’s demo account or real account and start trading today! We hope that LMFX can be a partner of Forex trading for a long time.
Conditions of LMFX’s all trading account types
LMFX offers 3 trading account types for its traders.
See the table below for the comparison of trading conditions.
Account Type | Fixed | Zero | Premium |
---|---|---|---|
Minimum Spread | Fixed from 1.8 pips | From 0.0 pips | From 1.0 pip |
Maximum Leverage | 1:400 | 1:250 | 1:1000 |
Minimum Deposit Amount | $250 | $100 | $50 |
Trading Commission | None | 4 USD per lot | None |
Account Currency | USD & EUR | USD & EUR | USD & EUR |
Available Markets | Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities | Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities | Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities |
Max Trading Volume | 75 lots | 100 lots | 60 lots |
Max Number of Open Trades | 150 | 200 | 100 |
Web Trader | Available | Available | Available |
Mobile App | Available | Available | Available |
Margin Call % | 30% | 50% | 50% |
Stop Out % | 15% | 20% | 20% |
Account Registration | Open Fixed Account | Open Zero Account | Open Premium Account |
Why you should choose LMFX?
LMFX offers 1:1000 leverage and bonuses, quick executions, and the best trading conditions in the industry.
You can trade comfortably with the same-day withdrawal.
- Leverage
- Trade with a broker with the flexibility of maximum leverage 1:1000.
- Deposit bonus
- Register now and take advantage of LMFX’s unique promotions.
- Quick withdrawal
- From Monday to Friday, all withdrawals will be processed within 1 hour.
- Support
- LMFX’s multilingual support team handles all inquiries from Monday to Friday.
- Funding security
- Deposits for all customers are stored in separate accounts at Tier 1 banks.
At LMFX, it treats all customers equally and strive to respond immediately to any inquiries from LMFX’s customers. LMFX offers traditional support channels in over 20 languages, including email, live chat and phone support.
Your Forex Trading with LMFX
In the world of trading, Forex trading reigns as the champion.
Every day, in just one day, $ 5 trillion goes in and out of the Forex market, and many currencies are subject to forex.
The number of people who start Forex trading and earn money is increasing. Would you like to seize the opportunity in currency trading and become the next trader to earn millions of dollars? Trading with LMFX has all the tools you need to do that.
Although it is the basic of the basics, Forex trading is foreign exchange trading.
Forex traders study international markets and exchange one currency for another.
The goal is to read the direction the currency is heading, buy or sell the currency, hold it until the currency value rises or falls (hopefully!) And profit from the difference.
Make the opposite transaction so that you can. Most Forex trading is now done online, so you can trade Forex almost anytime, day or night.
Why Forex is the most popular market?
For many years, forex trading was limited to major international organizations such as banks, governments and companies due to the high cost of entering the market.
Forex trading averaged around US $ 100,000, so most independent investors couldn’t challenge Forex trading.
Now that a system called “margin trading” has been put in place, investors can trade in virtual amounts without having to present a huge amount when trading.
In other words, the world of Forex trading is accessible to traders who do not belong to large organizations.
Forex trading has also become popular with groups that were previously unable to enter the stock market.
Many were in the business during business hours and missed stock trading and investment opportunities.
This is because they are tied to work during the stock market trading hours, which are carried out according to strict schedules.
In addition, Forex trading has become popular with college students and busy parents who have lessons and parenting and have limited time to trade on the stock market.
Open LMFX’s Forex Trading Account
Invest in Stock Indices with LMFX
A stock market index is a stock market index used to measure the status and value of a particular sector or country’s economy as a whole.
It may be based on a particular industry (for example, the Nasdaq Composite measures the performance of all of the highest-rated IT companies in the United States) or a particular company that has a significant impact on the country’s overall economy.
In some cases (for example, the US S & P 500 is based on the stock prices of the largest 500 companies traded on the New York Stock Exchange).
Many novice traders simply add the market value of each stock on the index and divide by the total number of stocks on the stock index (for example, 500 for the S & P 500).
However, when compared to each other, the real calculation process is much more complicated due to the fact that each index contains companies with significantly different market values.
It is not just the right way to load the stocks of each company, assuming that they contribute equally to the overall situation of the index when the market capitalization of each company is not the same.
Therefore, depending on the size of the company and the direction of the stock, the movement of the stock market will have a disproportionate effect on the movement of the entire index.
For example, if a company with a very large market capitalization gets caught up in a scandal that everyone knows and the stock price plummets, the value of the entire index can decline even if the stock price of many small listed companies rises.
Similarly, high market capitalization stocks can raise the index even when small companies are suffering.
The stock index is for tracking the market performance of the entire stock and does not show the average index of individual companies.
Invest in Stock Indices with LMFX
Main Stock Indices that you can trade online
There are many stock indexes that you should know, at least vaguely, in order to be a trader who trades efficiently with LMFX.
The following are the six most important stock indexes in the world.
- S & P 500 Index
- The S & P 500 is an American index founded in 1957 by the Standard & Poor’s Financial Services LLC. The S & P 500 tracks the market capitalization of the largest 500 companies trading on the New York Stock Exchange. The S & P 500 is one of the most important indicators of the US economy. It contains about 75% of the stocks traded on the US market.
- Nasdaq Composite Index
- The Nasdaq Composite Index is made up of 107 leading non-financial companies listed on the Nasdaq Stock Exchange. In the Nasdaq Composite Index, the weight of IT-focused companies is extremely high.
- Nikkei 225
- The Nikkei 225 (usually simply called the “Nikkei (Average)”) is an indicator that tracks the Tokyo Stock Exchange. Japan is one of the world’s leading equity powers, with a market capitalization of over US $ 4.09 trillion.
- FTSE 100 Index
- FTSE 100 is an abbreviation for the Financial Times Stock Exchange 100 Index, which tracks the top 100 stocks listed on the London Stock Exchange.
- ASX200
- ASX200 is a market capitalization-weighted average stock index that targets only stocks listed on the Australian Stock Exchange. Growing Australian equities in the world of equity trading are growing rapidly, with an average daily trading volume of $ 4,685 million on the Australian Stock Exchange.
- HSI
- HSI tracks the top 50 companies listed on the Hong Kong Stock Exchange. The Hong Kong Stock Exchange is the second largest in Asia and the sixth largest in the world, so HSI cannot be overlooked. HSI is expected to continue to play a major role in future global finance.
As you can see, each major country has one or more stock indexes that track the performance of major listed companies.
This means that if you think the economy is particularly good for the next few years, you can buy a mutual fund or stock index-linked mutual fund that tracks the indicators of a particular country and invest in that country’s stock market.
The United States has two of the world’s most important stock exchanges (New York Stock Exchange and Nasdaq), but there are also many indexes in the United States that track only some of the performance of the market.
Get access to Gold and Silver markets
Precious metals such as gold, silver and platinum were used as currencies and trading commodities before humans invented the world of stock markets and cryptocurrencies.
Despite advanced trading technology, precious metals are still one of the key components of commodity market value.
Precious metals and other commodities such as crude oil and copper are traded as contract-based futures and can be very profitable for both long-term and day traders.
Asia currently has the largest investment in precious metal purchases, while European and US investors dominate the commodity market in general.
You have the potential to invest and earn precious metals anywhere in the world.
However, you need the right broker to start trading. LMFX offers the best trading terms and execution powers to help you avoid costly mistakes.
Invest in Precious Metals with LMFX
What is Commodity Market?
The means by which investors can connect their funds to the value of commodities is called the futures market, or commodity market.
Investors use more than 50 commodity markets to invest intangible asset values such as precious metals, petroleum, copper and other valuable metals used as building materials.
While there are several ways investors can combine purchased funds with precious metals (including certificates and exchange-traded funds), commodity markets offer individual investors liquidity and leverage not found in other trading methods.
Thus, when investors use the commodity market to invest large sums of money in precious metals of their choice, they can make big profits (and losses).
Find out more about Commodities
Why trade Precious Metals?
After all, the biggest advantage of investing in precious metals is the property called “intrinsic value”.
Intrinsic value means that the value is not usually determined by the characteristics of supply and demand that dominate the market, but by the characteristics of the product itself.
Consider the intrinsic value in the context of history.
Gold, for example, has been valued for centuries, used to make the finest products, and is unaffected by inflation (after all, you can’t decide to increase the amount of gold!).
Investors prefer long-term and even physical ownership of precious metals, giving them the opportunity to make huge profits from long-term investments, and even in times of recession, metals are inherently valuable.
Thanks to its ability to maintain, it can even be used as a valuable asset for other types of hedging investments.
The futures trading market is also particularly convenient to enter, as it is “open” 24 hours a day, except on weekends.
This means you can participate in precious metal trading anywhere in the world.
Precious metal trading has long been a pillar of investment. Since prehistoric times, gold has been used as value insurance.
Silver has a history of 4000 years and has recently increased in value due to increasing manufacturing and technical demands around the world.
Although it has a shorter history, platinum and palladium are relatively rare and are of great value.
As you can see, precious metals have been valued for centuries and maintain a unique position in today’s market.
It doesn’t lose value anytime soon, and maybe particularly valuable in terms of portfolio diversification, especially for investors who prefer long-term trading strategies.
However, the secret to earning money from purchasing precious metals is knowledge and understanding of both the risks and supplementary lessons involved.
Volatility in the precious metals market should not be underestimated, but it should not prevent traders from entering the market either.
This precious metal volatility has found the power to create or lose the property.
What is the conclusion? Before buying precious metals (or other assets) for the first time, you need to find a broker to help you with smart trading and avoid losses.
LMFX offers you the best trading conditions and execution power with no hidden costs and no commissions.
Let LMFX help you make more money, for yourself and your family, and for a brighter future financial situation.
Trade Precious Metals with LMFX
How is LMFX’s Trading Conditions?
LMFX’s MT4 offers the industry’s most advanced charting capabilities.
This includes built-in technical indicators that allow you to make better trading decisions.
Leverage the MQL4 network and use EA (Expert Advisor) to automate your transactions.
LMFX was founded with the promise of offering the best terms and conditions for all customers.
LMFX has achieved this through the thorough selection of each team member and the constant investment in innovation.
LMFX understands that choosing a broker can be a daunting task and LMFX wants to make it easier for customers to make the right choice.
LMFX knows that it offers the most attractive conditions for traders and LMFX is confident that customers will appreciate the same.
See LMFX Account Types Comparison
STP Order Execution on LMFX MT4
Once you have chosen a broker, educated, and decided on a strategy, all these aspects come together to bear fruit.
That is execution power. Execution is the point at which a trader, as a trader, establishes a broker for a transaction that he has worked hard to achieve perfection, and the customer confidently hands over the baton to the broker.
No matter how well you build your strategy, everything can be wasted if it is not executed quickly and accurately.
LMFX’s vision was to create a platform where execution no longer needs to be a concern.
LMFX firmly insists on providing customers with the best executions with the best results.
With the best execution policy, spreads of just one pip, and free transaction fees, LMFX believes customers will get off to a good start in trading.
Trade Forex with STP Execution
High Leverage up to 1:1000 by LMFX
Compared to other markets, Forex’s appeal has a lot to do with leverage.
This leverage gives you the authority to open and trade substantive positions with a small amount of capital.
High leverage allows traders to invest in opportunities to make significant profits that exceed their financial capacity.
It’s true that leverage can be a double-edged sword, but LMFX hopes to take advantage of the educational tools it offers and start with lower leverage.
Once you feel confident in your strategy and trading skills, LMFX wants to help you provide the maximum opportunity to monetize your position.
As mentioned earlier, when Forex trading began, the minimum trading value (set at $ 100,000) was too high for the average individual to offer.
Trading is now open due to a process called “margin trading”.
At the time of margin trading, you are not actually trading with your own funds.
We are trading through LMFX, and LMFX basically uses LMFX’s funds to cover your transactions based on the amount of money you have deposited in your account.
This ability is called “leverage” and is usually calculated as a multiplier.
The most common leverage is 100: 1 and you can trade $ 100 for every $ 1 in your Forex account.
This means that if an investor has $ 1,000 in his or her own account, 100: 1 leverage allows him to trade $ 100,000 without actually having that much money in his account.
LMFX offers very high leverage of 1: 1000, so you can gain trading power without breaking your bank account.
Increase your responsibilities and risks, but gain trading power and trade smartly!
Trade with 1:1000 High Leverage
Tight variable spreads offered by LMFX
As a trader who wants to make a profit on Forex, spreads can be a headache or a blessing.
In order to provide profitable trading conditions to all LMFX’s customers, fixed spreads tend to include hidden costs and fees, so LMFX operates variable spreads.
By operating variable spreads, LMFX guarantees that all customers will trade at the lowest spreads and keep their costs transparent.
If you are considering a broker that offers fixed spreads, please be aware of trading restrictions.
LMFX does not impose restrictions on traders, including timely information surrounding major news releases and market announcements.
One pip may seem too small, but a small increment in Forex trading can make a big difference.
That’s why LMFX offers fractional pip prices.
What does this mean? Improves transaction control and precision by providing a fifth digit (fraction) instead of the standard four-digit quotes.
Fractional pip pricing allows LMFX to offer customers tighter and more rigorous pricing from LMFX’s liquidity providers.
See real-time spreads on LMFX Official Website
Free and Instant Deposit for investors
LMFX has globalized payment methods, making it possible to access global financial markets from around the world via the Internet.
You can deposit from more than 20 payment methods adopted in each country and withdraw immediately from your trading account.
LMFX’s unique technology allows itself to process all withdrawals within 2 hours.
LMFX aims to facilitate deposits and withdrawals by providing a wide range of deposit methods to support customers around the world.
LMFX’s dedicated back-office department aims to efficiently execute all customer requirements and ensure a simple and problem-free process.
All your funds are stored in separate accounts across the world’s leading banks, ensuring security, security and peace of mind for all investors.
Depositing money into your trading account is quick and easy. Follow the steps below to deposit money into your account.
There are several ways to deposit money into your trading account.
Some of these methods may incur additional fees.
Please note that LMFX does not bear the exchange rate collected if you deposit in a currency different from your bank funds.
Quick Withdrawal from your MT4 account
Customers who have uploaded proofs (identification card and residence certificate) and activated their trading account can withdraw funds.
To activate your account, you need to log in to the secure membership area and upload your support documentation.
(Identification card and residence certificate).
Once your account is activated, you will be able to withdraw funds from your trading account.
To protect all parties from fraud and to comply with Belize EU legislation, LMFX will only process withdrawals/refunds to the depositor in accordance with the withdrawal policy below.
- Credit / debit card
- Regardless of the withdrawal method selected, withdrawal requests submitted will be processed by the depositor with the maximum amount deposited this way.
- E-wallet
- Your e-Wallet will be refunded / withdrawn as soon as all credit or debit card deposits have been fully refunded.
- Other methods
- If the deposits made by the above two methods are completely exhausted, all other methods such as bank wire transfer will be used.
LMFX aims to complete all withdrawal requests within 24 business hours, but the deduction of funds from your trading account will be reflected as a pending withdrawal as soon as the withdrawal request is submitted.
Benefits of rollover on LMFX MT4
- Low and transparent swap rate;
- Defined by pair interest rate difference and spot price;
- Maximize credits when earning in overnight positions.
Rollover is an aspect of a transaction that affects the ultimate profit and determines whether it is profitable or lossy.
The key is to fully understand how it works and make sure you are on the positive side.
So what is a rollover? Basically, Forex is to borrow one currency and buy another, and when one day ends and you roll over your position until the next trading day, the borrowed currency will be charged an interest rate and you will be charged in the purchased currency.
There is also an interest rate to pay.
LMFX makes it easy to profit from rollovers by offering transparent and cheap swap rates.
It’s important to note when calculating rollovers that a trade that remains open on Wednesday will result in a three-day rollover.
The standard settlement period for Forex positions is 2 business days.
Positions opened at 22:00 GMT on Wednesday will be rolled over on Thursday, but due to weekends, there will be a three-day rollover until settlement.
Some traders may want to take advantage of this rollover interest rate to sell low-interest-rate currencies while buying high-interest rate currencies and trying carry trades.
Please check LMFX official website or contact the customer support with regard to the latest information and more accurate details.
LMFX official website is here.
Please click "Introduction of LMFX", if you want to know the details and the company information of LMFX.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!