- Who is LMFX?
- LMFX’s All Bonus Promotions and Trading Contests
Who is LMFX?
An online Forex and CFD broker, LMFX offers attractive MT4 Trading Conditions and Bonus Promotions.
The promotions include:
- Deposit Bonus
- Trading Contest
- Predict the Price Contest
The maximum leverage is 1:1000, and NBP (Negative Balance Protection) is fully supported.
LMFX’s simply fine service conditions attract traders from all over the world since its foundation in 2015.
Open LMFX Real or Demo Account
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 |
LMFX’s All Bonus Promotions and Trading Contests
LMFX runs a number of promotions such as deposit bonus, price prediction contest and trading contest.
You can participate in all of the promotions if you are a verified client of LMFX.
LMFX 100% Deposit Match Bonus
| Bonus amount | 100% Bonus up to $50,000 |
|---|---|
| Bonus trading period | Unlimited |
| Your profit | Unlimited |
| Promotion period | Unlimited |
| Requirements | Open an Account & Deposit $100 |
You can get a large amount of Bonus and withdraw them all after trading certain amounts.
How to get the LMFX 100% Deposit Bonus
- Signup & Open an account from the registration page.
- Verify your account by submitting documents (ID and Proof of Address).
- Apply for the promotion from the Client Portal.
- Deposit more than 100 USD.
The maximum Bonus amount is $30,000 per account, and $50,000 per trader.
Deposit and Withdrawal Conditions
You can withdraw your fund and profit at anytime.
In order to withdraw the Bonus amount, you must trade the required volume:
The required standard lots = Bonus amount / 2
Terms and Conditions
The full conditions of the promotion can be found in the official website of LMFX.
- The promotion is available for multiple and int this case, the maximum bonus amount is $50,000 per client.
- The bonus cannot be lost unless you have traded the required trading volume and released the bonus.
- There is no time limit for the promotion.
- The bonus can be applied on only new deposits of over 100 USD.
- Any trades that are closed within 3 pips from the opening price won’t be calculated towards the volume requirement.
- In case the account balance reaches below the total bonus amount before meeting the volume requirement, the account will reach ‘stop out’ and the bonus will be deducted.
- Once you meet the volume requirement, you must send an email to LMFX to release the bonus amount. Then you can use the bonus amount for trades and withdraw at anytime you want.
- After the volume requirement is met, you must inform LMFX to release the bonus within 3 months. Otherwise, the bonus won’t be released.
- In case of a fund withdrawal before meeting the volume requirement, the account will be subject to proportionate removal of the bonus amount.
- Internal fund transfer between accounts is considered as a fund withdrawal.
- For all accounts with the 100% bonus, there is no margin call alert.
LMFX 15% Phoenix Recovery Bonus
| Bonus amount | 15% Bonus (unlimited amount) |
|---|---|
| Bonus trading period | Unlimited |
| Your profit | Unlimited |
| Promotion period | Unlimited |
| Requirements | Open an Account & Deposit $100 |
The bonus will help you rise again.
How to get the LMFX 15% Recovery Bonus
- Sign-up & Open an account from the registration page.
- Verify your account by submitting documents (ID and Proof of Address).
- Apply for the promotion from the Client Portal.
- Deposit more than 100 USD.
- Trade and reach ‘Stop Out’.
- Deposit again and Get the Bonus.
The first deposit amount will decide the amount of bonus you can get later.
Deposit and Withdrawal Conditions
You can withdraw the Bonus at anytime once its released to your account.
A withdrawal of your fund or profit will lead to a full removal of the bonus amount, if it’s before releasing the bonus.
Terms and Conditions
The full conditions of the promotion can be found in the official website of LMFX.
- ‘First time deposit’ in this case, refers to the sum of deposit amount made in an account before the first trade placed.
- Subsequent deposit made after the first trade won’t be calculated for the bonus.
- Only one bonus account can be opened per client.
- A fund withdrawal before releasing the bonus amount, will result in the full removal of the bonus amount.
LMFX Crystal Ball Contest
| Contest Prize | Total 1,750 USD |
|---|---|
| Contest period | 1 week |
| Contest Frequency | Every week |
| Requirements | Open an Account |
Guess the closing price on Monday at 12:00 midday and win $1000 every week.
How to join LMFX Crystal Ball Contest
- Sign-up & Open an account from the registration page.
- Register your Mobile Number.
- Guess the closing price of the specified symbol.
- Join the contest in the Client Portal.
No deposit required to join this contest! Just sign-up and participate every week!
| Ranking | Cash Prize |
|---|---|
| 1st | $1,000 |
| 2nd | $500 |
| 3rd | $250 |
Deposit and Withdrawal Conditions
The prize cash cannot be withdrawn in any circumstances.
You can withdraw profits generated in the bonus account at anytime.
Terms and Conditions
The full conditions of the promotion can be found in the official website of LMFX.
- The contest runs every week and the registration period is specified in the official website.
- You can join the contest within the time-frame, Monday 12:00 to Wednesday 23:59 each week.
LMFX Learn and Earn Contest
| Contest Prize | Total 1,750 USD |
|---|---|
| Contest period | 1 month |
| Contest Frequency | Every month |
| Requirements | Open an Account |
The trader with the highest percentage gain will win the contest!
How to join ‘Learn and Earn Contest’
- Sign-up & Open an account from the registration page.
- Complete the verification process by submitting documents (ID and Proof of Address).
- Join the contest in the Client Portal.
- Trade to win the contest.
The top 3 traders with the highest profit amount will be awarded with the following Cash Prizes.
| Ranking | Cash Prize |
|---|---|
| 1st | $1,000 |
| 2nd | $500 |
| 3rd | $250 |
Deposit and Withdrawal Conditions
The Cash Prizes cannot be withdrawn at any circumstances.
You can withdraw profits made in the account which has received the bonus.
Once you withdraw profits from the account which has received a cash prize, the amount of cash prize ill be fully deducted from the account.
Terms and Conditions
The full conditions of the promotion can be found in the official website of LMFX.
- The initial balance of the each contest account is 100,000 USD.
- Each contests runs from the 1st Company’s working day of the month at 00:05:00 Company’s server time and ends the last day of the given month.
- The registration to the contest can be made at anytime during the contest period.
- After the end of each contest, all contest accounts will be taken into the next contest automatically. (If you wish to be out of the contest, you need to send an email to LMFX support team.)
- The leverage of the contest accounts is fixed to 1:400.
LMFX Ultimate Traders Contest
| Contest Prize | 1000 USD |
|---|---|
| Contest period | 1 month |
| Contest Frequency | Every month |
| Requirements | Open an Account & Deposit $500 |
The trader with the highest percentage gain will win the contest!
How to join LMFX Ultimate Traders Contest
- Sign-up & Open an account from the registration page.
- Complete the verification process by submitting documents (ID and Proof of Address).
- Join the contest in the Client Portal.
- Deposit more than 500 USD.
Only the number 1 trader will be awarded with the Cash Prize.
| Ranking | Cash Prize |
|---|---|
| 1st | $1,000 |
The top 10 traders will be rewarded with ‘LMFX Top Traders Point’ as follows:
| Ranking | LMFX Point |
|---|---|
| 1st | 20 |
| 2nd | 16 |
| 3rd | 12 |
| 4th | 10 |
| 5th | 9 |
| 6th | 8 |
| 7th | 7 |
| 8th | 6 |
| 9th | 5 |
| 10th | 4 |
The trader with the highest LMFX Point will be ‘The Trader of the Year’, and he will be awarded with 100,000 USD.*
Deposit and Withdrawal Conditions
The Cash Prize (1,000 USD) cannot be withdrawn at any circumstances.
You can withdraw profits made in the account which has received the bonus.
Terms and Conditions
The full conditions of the promotion can be found in the official website of LMFX.
- Each contest starts the first Company’s working day of the month at 00:05:00 Company’s server time and ends last day of the given month.
- The only top trader will be awarded with the cash prize which amount is 1000 USD.
- The registration of the each contest must be completed before the 7th day of each month.
- Each client can register only one contest account.
- Each trader is eligible to receive the cash prize only once within 3 consecutive months.
- ‘LMFX Top Traders Point’ can be received every month.
- Each participated account is automatically included to the next contest as long as the account has over 500 USD.
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.
IronFX
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!