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How much are the fees & commission of LMFX?

How much are the fees & commission of LMFX? Table of Contents

When you trade Forex and CFDs, your real cost is not a single “fee.” It is the combination of spread, commission (if your account type uses it), overnight financing (swap), currency conversion mark-ups, and a few funding-related rules that affect withdrawals. LMFX uses a pricing structure built around account types, and each account type shifts the balance between spread and commission.

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The core trading costs at LMFX

Spreads: the built-in cost on every trade

A spread is the difference between the bid and ask price. If you open a trade and immediately close it, the spread is the first cost you pay.

LMFX publishes spreads by instrument and by account type. On major Forex pairs, the same symbol can have a different spread depending on whether you trade on Premium/Micro pricing, Fixed pricing, or Zero pricing.

What that means in practice

  • Wider spreads generally suit traders who hold positions longer and don’t need ultra-tight entry pricing.
  • Tighter spreads generally suit scalpers, high-frequency strategies, and traders who place many entries per session.

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Commission: the “direct fee” that replaces part of the spread

LMFX applies a commission model on specific products/account types rather than on everything.

Forex commission on the Zero account

For Forex trading on the Zero account, LMFX charges $4 (or €4) per standard lot per side, which is $8 (or €8) per standard lot round trip (open + close).

That commission is charged in addition to the spread shown for the Zero column on the instrument schedule.

Why this matters

  • If you trade small position sizes, the commission might be a bigger share of your total cost than the spread.
  • If you trade frequently on tight spreads, the Zero structure can be more predictable for cost control.

How to compare spread-only vs spread-plus-commission

To compare accounts, think in “all-in” cost:

  • Spread-only accounts (Premium, Micro, Fixed): your main execution cost is the spread.
  • Zero account: your execution cost is spread + commission.

If you want a simple mental model on major pairs:

  • On spread-only pricing, the spread is your main execution expense.
  • On Zero pricing, the spread is often smaller, but you add a fixed commission per lot.

LMFX’s published schedule makes these comparisons straightforward because it lists side-by-side spreads by account type for the same Forex symbols.

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Account types and how they change what you pay

LMFX’s account structure is designed so you choose how you want to “pay”: through spread, through commission, or through a fixed-spread setup.

Premium account: variable spread, no Forex commission

Premium pricing is built around variable spreads with no Forex commission. This setup is commonly used by discretionary Forex traders who prefer a simple spread-only cost model.

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Micro account: spread-based pricing for smaller trade sizing

Micro pricing follows the spread-only approach and is typically used when you want smaller contract sizing and a familiar spread-based cost structure. (The key point for fees: it is not the commission-based Zero model.)

Fixed account: fixed spreads, no Forex commission

Fixed pricing uses fixed spreads rather than variable spreads. It is still spread-based rather than commission-based for Forex. This structure is often chosen by traders who want consistent spread expectations around volatile conditions, especially for strategies that depend on stable quoted spreads.

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Zero account: tight spreads plus a fixed Forex commission

Zero pricing adds the commission described earlier and is designed for traders who focus heavily on execution cost control on liquid pairs.

Indices and shares: separate fee logic you should know

LMFX does not price every market the same way. Forex costs depend strongly on account type, while some CFD categories carry their own published commission rules.

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Indices commission

LMFX lists a $2 commission per lot round trip for indices. So for indices, you account for:

  • the spread on the instrument
  • plus the published round-trip commission per lot

Shares commission

LMFX lists a 0.10% commission on shares. With share CFDs, your “fee math” is different from Forex:

  • the commission is a percentage-based trading charge
  • and you still account for spread and any financing rules that apply to positions held beyond the session

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Swap and rollover costs: the fee that appears after you hold positions

When you hold a leveraged Forex or CFD position beyond the daily rollover, financing is applied as a debit or a credit depending on the instrument and direction. LMFX’s own agreement explains that positions can be rolled over continuously and “consequently all incur a cost for such roll-over.”

What you should treat as a fact for cost planning

  • Swap is part of the cost structure for holding positions, not for opening and closing intraday.
  • Swap is applied to open positions that pass the rollover point.
  • The instrument schedule lists swap figures per symbol, which lets you estimate holding cost before you commit to multi-day trades.

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Trading costs are only half the picture. If your strategy involves frequent withdrawals, or if you want to keep your capital mobile, the funding rules matter.

Deposit-side costs: net deposits if banks charge fees

LMFX’s agreement states that amounts sent to the company’s bank account are credited net of any fees charged by bank account providers or intermediaries.

Plain meaning:

  • If your bank or an intermediary bank applies a transfer fee, the amount credited can be lower than the amount you sent.
  • This is not a trading fee, but it directly affects how much margin you actually receive.

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Withdrawal-side costs: additional fee if you don’t meet volume requirements

LMFX applies a key withdrawal rule that many traders miss:

You agree to pay an additional withdrawal fee if the volume requirement of three lots traded for each deposit is not met before your withdrawal request. If you do meet the three-lot requirement before withdrawal, you are released from the obligation to pay the additional fee (excluding payment-provider fees).

This has practical implications:

  • If you deposit and immediately try to withdraw without trading enough volume, the additional fee applies.
  • If you trade the required volume first, that additional fee is not charged by LMFX (but third-party fees can still exist).

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Bank transfer fees on withdrawals

For withdrawals sent to a bank account, LMFX states the client agrees to pay any requested bank transfer fees when withdrawing funds.

So if you withdraw by bank wire:

  • you should treat bank transfer charges as part of your cost structure
  • and you should not assume the full amount leaves the system without banking costs

Third-party payment fees still exist

Even when an LMFX rule removes an internal fee, payment providers can still impose fees. LMFX explicitly separates its own additional withdrawal fee rule from “transfer or third-party payment fees imposed by payment providers.”

That is why the cheapest funding method is often the one with the lowest external processing charges, not simply the one that looks “free” on the broker side.

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Currency conversion mark-ups: a hidden cost many Forex traders ignore

If your account is denominated in one base currency but you deposit, withdraw, or trade instruments that settle in another currency, conversions can create a cost.

LMFX states that when it conducts currency conversions, it will do so at a “reasonable rate of exchange” it chooses, and it is authorized to add a mark-up to exchange rates.

What this means for your cost planning:

  • Currency conversion is not automatically free.
  • Conversion mark-ups can affect deposits, withdrawals, and realized trading figures that arise in a different currency than your account base.

Costs that come from how you joined LMFX

LMFX also describes a specific spread-related situation tied to business introducers. It explains that if higher spreads are applied, that can be due to the client coming via a business introducer, where commissions based on traded volume may be paid to that introducer.

For traders, the key fee takeaway is simple:

  • Two traders can have different effective spreads on the same broker if one account has mark-ups tied to an introducing arrangement.

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Account access and “inactive” behavior: what happens when you stop logging in

LMFX states it has the right to archive a client trading account if the client hasn’t logged into it for a period of ninety calendar days, and that archived accounts can be restored via a manual request in the wallet area.

This is not described as a cash “inactivity fee” in the cited clause, but it is still operationally important:

  • If you plan to step away from trading, you should account for the possibility of account archiving and the steps needed to restore access.

How to estimate your LMFX cost per Forex trade

If you want a clean way to estimate your costs before you place a trade, use this checklist:

  • Pick the instrument (EURUSD, GBPJPY, XAUUSD, US indices, share CFD).
  • Pick the account type (Premium, Fixed, Micro, Zero).
  • Read the spread for that symbol and account type (this is your baseline entry cost).
  • Add commission if the product uses it
    • Zero account Forex: commission per lot per side.
    • Indices: round-trip commission per lot.
    • Shares: percentage commission.
  • Add swap if you will hold beyond rollover
    • Treat swap as part of the holding cost for multi-day positions.

This is the same framework professional Forex traders use to compare brokers: spread + commission + financing + operational fees.

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Practical takeaways for Forex cost control on LMFX

  • If you scalp or trade high frequency on major pairs, your main decision is whether tight spread + fixed commission (Zero) is cheaper than spread-only (Premium/Micro/Fixed).
  • If you trade indices regularly, include the $2 per lot round trip commission in every cost estimate.
  • If you trade share CFDs, account for the 0.10% commission rather than thinking only in “pips.”
  • If you deposit and withdraw frequently, treat the three-lots-per-deposit withdrawal rule as a core part of your plan, and remember bank and payment-provider fees can still apply.
  • If you deal across currencies, include potential conversion mark-ups in your expectations.

LMFX trading costs are built from:

  • Spreads (vary by account type and instrument)
  • Commissions (Forex on Zero, indices, and shares have specific published rules)
  • Swap/rollover costs for positions held beyond rollover
  • Funding mechanics, especially bank/intermediary fees and the additional withdrawal fee rule when volume requirements are not met
  • Currency conversion mark-ups when conversions occur

If you want the lowest “all-in” cost for your Forex strategy, your best lever is choosing the right account type and matching it to how often you trade, how long you hold, and how frequently you withdraw.

Cost category How it appears
Spread Built into the bid/ask difference and varies by account type and instrument.
Commission Applied on specific account types or products such as Zero Forex, indices, and shares.
Swap Overnight financing applied when positions are held beyond rollover.
Funding rules Bank/intermediary fees, additional withdrawal fee if volume requirements are not met, and third-party payment fees.
Currency conversion Potential mark-ups when converting between currencies.

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LMFX is built around a small set of trading account types and a single platform family: MetaTrader 4.

LMFX is built around a small set of trading account types and a single platform family: MetaTrader 4. That combination keeps the decision simple, but it also means you need to understand exactly what changes from one account to another and what stays the same across platforms.

The LMFX account structure in plain terms

LMFX offers four core live account types: Premium, Micro, Fixed, and Zero. Each account type is defined by its pricing model (spread-only, fixed spread, or tight spread plus commission), its leverage cap, its contract sizing, and its risk controls like margin call and stop out.

Across the lineup, LMFX keeps two things consistent:

  • Accounts are denominated in USD or EUR.
  • The trading access is through MetaTrader 4 on desktop, web, and mobile.

On top of any account type, LMFX also offers an Islamic swap-free option, which changes how overnight holding costs are treated for eligible instruments and within the stated holding window.

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Premium account type

The Premium account is LMFX’s standard variable-spread setup for Forex trading. It is a spread-based model with no per-lot commission shown in the account comparison table.

Here are the account parameters LMFX specifies for Premium:

  • Leverage: 1:1000
  • Spreads from: 1 pips
  • Contract size: 1 lot = 100,000
  • Account currency: USD/EUR
  • Minimum deposit: 5
  • Margin call: 50%
  • Stop out: 20%

Premium is the account type that matches the most common spread-based approach to Forex trading: you pay through the bid/ask spread, and your cost per trade is easy to estimate by looking at the spread at the time you enter and exit.

Premium also supports fifth-decimal pricing and runs on MT4 across desktop, web, and mobile.

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Micro account type

The Micro account is designed around smaller contract sizing. LMFX defines the Micro contract size as 1 lot = 1,000, which changes the way position size scales compared with standard-lot accounts.

Micro account parameters listed by LMFX:

  • Leverage: 1:1000
  • Spreads from: 1 pips
  • Contract size: 1 lot = 1,000
  • Account currency: USD/EUR
  • Minimum deposit: 5
  • Margin call: 50%
  • Stop out: 20%

Micro is the account type that fits traders who want to run smaller position sizes while still trading on MT4 and using the same execution workflow. Because the contract size is smaller, the same “lots” number represents less exposure than a standard-lot account.

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Fixed account type

The Fixed account is built for traders who want fixed spreads rather than variable spreads. LMFX labels the spreads as “Fixed” for this account type and sets a different leverage cap and different margin thresholds compared with Premium and Micro.

Fixed account parameters listed by LMFX:

  • Leverage: 1:400
  • Spreads: Fixed
  • Contract size: 1 lot = 100,000
  • Account currency: USD/EUR
  • Minimum deposit: 25
  • Margin call: 30%
  • Stop out: 15%

Fixed spreads are used by traders who want consistent spread expectations for planning entries, exits, and risk sizing. The trade-off is that fixed-spread accounts typically come with different conditions than variable-spread accounts, and LMFX’s own table shows that Fixed uses a lower leverage cap than Premium and Micro and tighter risk thresholds (margin call and stop out levels).

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Zero account type

The Zero account is LMFX’s tight-spread structure with a defined per-lot commission. LMFX lists spreads from 0 pips for Zero and specifies a commission of 4 USD/EUR per side, which equals 8 USD/EUR round turn for one standard lot.

Zero account parameters listed by LMFX:

  • Leverage: 1:250
  • Spreads from: 0 pips
  • Contract size: 1 lot = 100,000
  • Account currency: USD/EUR
  • Commission: 4 USD/EUR per side (8 USD/EUR round turn)
  • Minimum deposit: 15
  • Margin call: 30%
  • Stop out: 15%

Zero is structured for traders who want a clear commission cost per lot and spreads that start from the tightest level shown in LMFX’s account comparison. The core cost logic is simple: you pay the spread plus the stated commission per lot.

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Islamic swap-free option

LMFX lists an Islamic swap-free option as “Optional” across its account types and describes it as an interest-free way to hold positions overnight for specific products for up to a stated holding window.

LMFX’s description highlights the eligible markets for the swap-free condition and the holding limitation:

  • Forex currency pairs, metals, and oil are included in the swap-free description.
  • Overnight holding is interest-free for up to 7 days.

In practical Forex terms, this option is used when a trader wants to avoid swap charges on eligible instruments while still trading on margin through MT4.

Key differences you should compare before choosing an account

When two Forex traders compare account types, the decision often comes down to five factors. LMFX makes all five visible in its account type table.

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Pricing model: spread-only, fixed spread, or spread plus commission

  • Premium and Micro are shown with spreads from 1 pips.
  • Fixed uses fixed spreads.
  • Zero uses spreads from 0 pips and adds a defined commission per lot.

If your strategy places many entries per session, the difference between spread-only and commission-based pricing becomes a major driver of performance.

Leverage cap and margin control

LMFX sets different leverage caps by account type:

  • Premium and Micro: 1:1000
  • Fixed: 1:400
  • Zero: 1:250

LMFX also sets different margin call and stop out levels:

  • Premium and Micro: margin call 50%, stop out 20%
  • Fixed and Zero: margin call 30%, stop out 15%

For leveraged Forex trading, these thresholds define how quickly the platform will enforce risk controls as your margin level changes.

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Contract size and how “lots” translate to exposure

LMFX specifies:

  • Standard contract sizing for Premium, Fixed, and Zero: 1 lot = 100,000
  • Smaller contract sizing for Micro: 1 lot = 1,000

This changes how you scale. If you are building a position-sizing plan in Forex, contract size determines how fast your exposure grows when you increase lot size.

Minimum deposit

LMFX lists minimum deposits by account type:

  • Premium: 5
  • Micro: 5
  • Fixed: 25
  • Zero: 15

Minimum deposit matters for two reasons in Forex: it sets your starting margin, and it affects how much room you have to absorb normal drawdowns without triggering margin controls.

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Trading limits

LMFX states limits apply on currency trading and shows maximum total trade size and maximum number of open trades in its table.

These limits matter for high-frequency Forex strategies, grid systems, and portfolio-style trading where many positions can be open at the same time.

Platform types at LMFX

LMFX’s platform lineup is MT4-based across desktop, web, and mobile. The account type you choose determines pricing and leverage rules, while the platform you choose determines how you place trades, manage charts, and run tools like Expert Advisors.

LMFX highlights MT4 access in multiple places: its account types page shows “Meta Trader 4 / Web / Mobile,” and its platform pages cover MT4 terminal and mobile trading.

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MetaTrader terminal for desktop

LMFX provides the MT4 terminal for desktop use and positions it as the primary full-feature trading terminal. The platform page describes access to fast execution and a toolset that includes more than 50 indicators and tools across nine time frames.

The MT4 terminal is where most Forex traders do deep chart work and where automated trading is commonly run through Expert Advisors.

LMFX also provides specific live and demo server addresses that can be entered manually at login:

  • Live: dc1.lmfx.com:443, dc2.lmfx.com:1950, dc3.lmfx.com:443
  • Demo: dc1.lmfx.com:1950, dc2.lmfx.com:443, dc3.lmfx.com:1950

LMFX’s login workflow for MT4 terminal uses the trading account credentials issued via the LMFX wallet, and the platform page describes selecting a server and signing in with the account ID and trader password.

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MT4 on mobile

LMFX supports MT4 mobile trading and describes mobile functionality that includes one-click trading, pending orders, position modification, real-time quotes, and access to trade history.

The mobile platform also includes multiple timeframes and a technical analysis toolkit (popular indicators and analytical objects such as Fibonacci, Elliott, and Gann tools).

The mobile login flow is straightforward:

  • Install the MetaTrader 4 app for your device.
  • Search for “LMFX” inside the app and select a server.
  • Sign in using your Trading Account ID and trader password provided after opening the account through the LMFX wallet.

Mobile trading is used by Forex traders who need to monitor open positions, manage stops and limits, and react to price movement while away from the desktop terminal.

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MT4 WebTrader

LMFX provides a WebTrader access point listed under its platforms navigation, which links to an MT4 WebTrader environment.

WebTrader is used when you want MT4 access through a browser-based interface without installing the desktop terminal. It connects you to the same MT4 account structure, so your positions and orders remain tied to the same trading account credentials.

How account types and platforms fit together for Forex trading

Account type decides your trading conditions. Platform type decides your workflow.

A practical way to match them is to start with your trading style:

  • If your Forex trading is spread-focused and you want a simple cost model, Premium and Micro align with the spread-based structure shown in the account table.
  • If your Forex trading depends on fixed spreads for planning entries and exits, Fixed is the account type with fixed spreads.
  • If your Forex trading depends on tight spreads and you prefer a defined commission cost per lot, Zero is the commission-based structure with spreads from 0 pips and the stated per-side commission.

Then you choose the platform based on how you trade:

  • Desktop MT4 terminal for full charting, deeper analysis, and workstation-style trading.
  • Mobile MT4 for on-the-go order management and monitoring.
  • WebTrader for browser access when you do not want a local install.

LMFX keeps its Forex offering structured around four account types and MT4 across desktop, web, and mobile.

  • Pick the pricing structure you want: variable spread, fixed spread, or tight spread plus commission.
  • Match it to the leverage cap and margin controls you want to operate under.
  • Choose Micro contract sizing if you want lots to represent smaller exposure.
  • Use desktop MT4 for primary execution and analysis, then add mobile or WebTrader for flexible access using the same trading account credentials and server selection process.

LMFX account type controls pricing and risk settings, while the MT4 platform choice controls how you place trades and manage charts across desktop, web, and mobile.

]

Account type Main condition
Premium Variable spread pricing with standard lot sizing.
Micro Variable spread pricing with smaller contract size per lot.
Fixed Fixed spread pricing with a different leverage cap and margin thresholds.
Zero Tight spread pricing with a defined per-lot commission.

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