How to open LMFX's Bonus Account? | Account Types & Promotions

LMFX

An extremely popular international broker, both for the quality of its service and for the interesting promotional initiatives offered. LMFX allows customers access to a well-structured trading environment rich in countless investment opportunities.

The broker allows investing in a wide range of instruments (including forex, indices, commodities, cryptocurrencies, precious metals, energy, and stocks) with excellent trading conditions. The main goal of the broker is to create a trading environment capable of meeting the needs of any category of trader. A flexible environment with cutting-edge tools and adaptable conditions, to offer customers the possibility to interact best on the markets and to take full advantage of any trading experience.

High security standards, total transparency, a wide range of tools and technologically advanced features, advantageous conditions (with spreads starting from 0 pip and no commission) and an account list compatible with any style, are just some of the features of a detail-oriented broker, which is constantly engaged in the research and creation of innovative services and solutions, to allow the trader to evolve their status and maximize the chances of earning.

Funds kept safe.

The broker holds client funds in segregated and separate accounts from the company’s capital.

Learning.

To refine their own style and expand their knowledge, traders of any level of experience can access an educational section rich in content.

Customized Client Area

To manage the account quickly and simply, each trader will have the opportunity to customize the client area according to their modus operandi.

Rapid and flexible deposits.

To credit funds to the account, each trader can choose the payment method that best suits their needs with access to the extensive list available.

Accounts for everyone.

The list of available accounts has been carefully created to meet the needs of any category of trader. Beginners, experts, high-volume investors, day traders, and many others, will be able to choose the right solution and invest to the best of their abilities.

Contests.

Engaging initiatives and competitions, created with the aim of encouraging traders to give their best to win cash prizes and much more.

Bonuses.

Interesting promotional initiatives that will allow customers to receive extra funds to expand the investment volume and diversify their portfolios in the best way.

Visit the official LMFX website

LMFX Promo List

As mentioned, one of the main features that make the broker extremely popular is the wide range of available promotions. LMFX is constantly committed to offering interesting promotional initiatives, launched periodically with the aim of enhancing the work of clients and advantaging them in the ordinary conduct of operations. Bonuses, discounts, contests, and competitions, will allow the trader to invest volumes higher than the actual capital committed and to evolve their status to a higher level, gaining experience and expanding knowledge.

The promotions available at this time are:

• Phoenix Bonus.
• 100% Deposit Bonus
• Learn & Earn Contest.
• Golden Draw.

Access the LMFX promo section

Phoenix Bonus

Undoubtedly one of the most popular and long-lasting initiatives offered by the broker, the “Phoenix Recovery Bonus” is an innovative promo that allows clients to receive a “pending” fund on their account, usable in case of serious losses.

In practice, the Phoenix Recovery Bonus 15% can be classified as a sort of “insurance”, which the trader will have the opportunity to receive in the case of incorrect investment operations, unexpected market variations, and anything that could inadvertently cause serious losses.

The promo is freely accessible to new and existing customers. By making a first deposit on their account, extra “pending” funds will be credited to the account dedicated to the initiative, equal to 15% of the deposited amount. In case the trader loses everything, the extra funds will be unlocked and credited to the account, immediately after making a second deposit. The client can decide whether to use the funds in trading or withdraw them at any time.

Despite the credited amount may seem modest and significantly less than the funds lost, the Phoenix bonus is still an excellent support that will allow the client to attempt a recovery, learning from previous mistakes and creating more accurate strategies.

It is important to specify that the amount of funds resulting from the initiative will be calculated on the amount of the first deposit made. In the case that the trader does not perform any operation and makes a second deposit, the bonus will be recalculated. For example: the trader deposits $100 and receives a blocked fund of $15 – Makes a further deposit of $100 without performing any operation, a bonus of $15 will be credited again.

To access the initiative, just follow these very simple steps:

First Step

The trader must hold a new real LMFX account and make a first deposit. Pending funds equal to 15% of the deposit made will be credited to the account dedicated to the initiative.

Second Step

The quantization of the extra funds will be calculated on the first deposit or on the sum of the deposits made before any operation.

Third Step

After performing the first operation, the 15% bonus will be locked and ready for use if necessary.

Last Step

In case the client loses all his funds by negotiating, the extra funds resulting from the initiative will be credited. The participant can decide whether to withdraw or try to recover the loss.

For example:

Terms and Conditions

To access the promo, each client must first read and accept the rules carefully. Hereafter, a summary of the main information to know:

• The promo will be applied to the first deposit or the sum of deposits made before the execution of any operation.
• The extra funds can be used in trading or withdrawn only if conditions are met: the account balance is zero or lower than the amount of the second deposit made.
• If the trader decides to make a withdrawal during the promotional period without meeting the conditions, the bonus will be automatically canceled from the account.
• Each trader can access the promo once and with only one account. Any violators will be punished by canceling the promo.
• The Phoenix Bonus is compatible with other promos offered by the broker.
• To be eligible for the initiative, the client’s account must be strictly verified.

Request the Phoenix LMFX Bonus

100% Deposit Bonus

An extremely interesting promotional initiative that offers traders the opportunity to significantly increase their investment volume, the 100% Deposit Bonus allows the client to receive a credit equal to 100% of the deposit made.

The promo is freely accessible, traders already in possession of an account and new subscribers can activate it by making a minimum deposit of 100 USD. The extra funds can be withdrawn without any limitation or restriction if trading conditions are met. Each client can receive a maximum of 30,000 USD.

As mentioned, the promo allows the withdrawal of extra funds received if the imposed trading conditions are met. To be able to withdraw, the trader will have to trade a quantity of lots calculable with the following formula: total bonus funds / 2 = Number of lots to trade.

For example: The participant deposits 400 USD as the first deposit. Once the promo is activated, they will receive 400 USD in extra funds. To be able to withdraw the received funds, the trader will have to trade a total of 200 lots (open and closed operations during the promotional period).

Regarding the quantity of lots to trade, it is important to specify that:

1. Trading on indices, US stocks, gold, and oil, 1 traded lot equals 0.1 lots for the completion of the required trading requirements.
2. For trading on UK stocks, 1 traded lot equals 1/1000 of a lot.

Regulation and Useful Information

Like any other promotional offer available with the broker, the 100% Deposit Bonus presents terms and conditions to be read carefully and accepted. Hereafter, a summary of the main rules and information to know.

• Any trader holding a verified account that makes a first deposit of at least 100 USD has the opportunity to access the promo.
• The extra funds received will be visible in the “credit” section and can be used in trading. The 100% bonus cannot be lost.
• If trading conditions are met (Total of the bonus / 2 = Number of lots), the client can withdraw the extra funds without any restriction.
• To access the promo, the interested client can register by accessing their client area.
• There are no time limits to meet the minimum withdrawal requirements.
• Each trader will have the opportunity to access the promo once and on only one registered account in their name.
• The maximum amount that can be received from the promo is 30,000 USD.
• The operations that will be considered valid for the calculation of the trading requirements must have a difference of at least 3 pips between the opening and closing price.
• If the volume requirements are not met, the trader can use the funds only to expand their own trading volume.
• If the client’s deposit is lower than the bonus amount, the promo will be automatically canceled. Practically if the balance on the account (capital – credit bonus) is equal to or less than zero, all credit bonuses assigned will be canceled and withdrawn.
• After meeting the necessary trading conditions for the withdrawal, the trader must send an email to support@lmfx.com to request the withdrawal. Once the request is made, the status of the funds will be changed, from Deposit Match Bonus to Deposit Match Cash.
• Once the minimum trading requirements are met, the client will have 3 months to request the withdrawal. If no request is made, the client will no longer be able to withdraw the bonus.
• If during the promotional period, the trader makes a withdrawal, the bonus will be resized based on the amount of funds withdrawn. The calculation that will determine the bonus that will be subtracted is as follows: Amount x 1 (100%). For example: if the trader withdraws 200 USD from the account, 200 USD will be automatically subtracted from the bonus amount.
• Internal transfers between accounts will be considered as withdrawals.
• Extra funds cannot be transferred to other accounts.
• By adhering to the promotional initiative, the trader will not receive any Margin Call notification.
• The promo is not compatible with other promotional initiatives offered by the broker. If the trader wants to adhere to another initiative, they must open a new account.

Request the 100% Deposit Bonus LMFX

Learn & Earn Program

Trading is not a game, interacting on the markets by creating accurate trading strategies is a quality that every trader acquires over time, gaining experience and perfecting their own style. Often, beginners who wish to expand their knowledge before starting to trade opt for opening demo accounts.

Demo accounts allow trading on the markets using “virtual funds”. This allows the novice to gain experience and acquire knowledge without running any risk and without having to commit real funds.

To encourage clients to get involved, making the most of their intuition and skills to improve their own style, the broker allows access to an enticing promotional initiative: the Learn & Earn contest. In practice, the program allows traders (who believe they do not yet have the necessary experience to adequately face the markets) to trade on demo accounts at zero risk and receive fantastic cash prizes in real money!

It works like this, to participate in the contest the trader must register and open a demo account. The broker will load a virtual deposit of 100,000 USD into the account. Within a month, the client must demonstrate their abilities and trade at their best on the markets around the world to make the maximum profit.

The promo is divided into Rounds, and each round starts on the 1st working day of the month and ends on the last day of the current month. At the end of each round, the three participants who have achieved the highest amount of profits will receive cash prizes in real money:

1. 1st prize: $1,000 credited to a real account.
2. 2nd prize: $500 credited to a real account.
3. 3rd prize: $250 credited to a real account.

The extra funds will be credited to a real account, can be used exclusively for trading, and cannot be withdrawn. Any profits can be withdrawn at any time. At the end of each round, the participants will be automatically registered for the next round.

Terms and Conditions

To participate in the contest, the trader must know and accept the regulation. Hereafter, a summary of the conditions of use:

• After registering, the client will receive virtual funds on their account. Each round lasts one month (from the first day of the month to the last). At the end of the round, the ten traders with the highest percentage of profits will be published on the contest’s homepage. The top three will win the cash prizes in real money.
• The winners will be notified by the company through the client area. Within 48 hours of the notification, the broker will credit the prize to the real account. If the trader does not own a real account, they will have to open one to receive the prize.
• The promo is not compatible with other initiatives offered by the broker.
• Each trader has the opportunity to register only once for each round. Multiple participations will cause the total cancellation of the promo.
• At the end of each round, all open positions will be closed and the total balance will be used to calculate the profit.
• The broker allows a maximum of two competitors to use the same IP address to participate in the promo.
• To access the initiative, each trader will have to undergo a verification process to prove their real identity and country of origin. To know the countries that allow access to the promo, contact the support team or visit the dedicated promo page on the official website.
• The maximum available leverage for trading is 1:500.

Participate in the LMFX Learn & Earn Program

Golden Draw

An innovative promotional initiative that offers traders the opportunity to win a 50-gram gold bar as a prize! To participate, traders must be holders of a rigorously verified account. The activation of the promo on their account requires a minimum deposit of 2000 USD. To take part in the draw for the final prize, the client must trade a minimum of 20 standard lots. It’s important to specify that the greater the quantity of lots traded, the higher the trader’s chances of winning the gold bar! The trader will have one year to trade the required lots and all accounts offered by the broker are compatible with the offer.

As already mentioned, the more standard lots are traded, the greater the chances of receiving the prize. Practically, by trading 10 extra lots in addition to the 20 needed for the draw, the client will increase their chances of winning by 1 (meaning that with thirty lots traded the chances of being admitted to the draw for the prize will double).

Rules and Useful Information

To participate in the promotional initiative, each client must read the regulation very carefully and accept it. By consulting the following list, you can learn the main information and rules to respect:

• The promo does not require any registration. By making a deposit of 2000 USD, the initiative will be automatically activated.
• Only holders of rigorously verified accounts can participate in the promo. The client must prove their real identity and country of origin, by sending the required documentation (for example, ID card photo and a recent bill with the account holder’s address).
• To access the prize draw, the trader must trade a minimum of 20 standard lots within a year. The contest will take place from the first of May of the current year until April 30 of the following year.
• The promo is accessible both by traders already holding a real account and by new subscribers. Any account offered by the broker is compatible with the initiative.
• Although there are no restrictions or contraindications participating in the offer, each client can decide to abstain from participation, by sending a request by email to support@lmfx.com.
• At the end of the promo, 20 traders will be drawn at random. Each of them will receive a prize of a 24-karat, 50-gram gold bar (or its equivalent in dollars)
• For every 10 extra lots traded, the client will double the chances of winning.
• Transfers between accounts will not be considered as deposits and consequently not eligible for the activation of the promo.
• To be considered eligible for the count, operations carried out must last more than a minute.
• Only operations with a difference of at least 5 pips between the opening and closing price will be considered valid for the count of the necessary lots.
• Micro accounts do not allow access to the offer. Consequently, traders interested in wanting to participate in the contest, must necessarily open a new compatible account.
• At the end of the contest, the lucky winners will be drawn. Each trader will be able to view the list of winners on the dedicated promo page, present on the official website of the broker.
• The winners will be contacted by the team in charge via email or phone within 3 days. The client must specify whether they wish to receive the gold bar or equivalent in cash. In case the trader opts for the cash prize, it will be credited to the winner’s account and withdrawable at any time.
• Each trader has the opportunity to access the initiative once and on only one account. Each year, by making a minimum deposit of 2000 USD, the activation of the promo will be automatic.

Participate in the LMFX Golden Draw Contest

Available Accounts

The list of accounts offered has been carefully structured to allow any trader to interact on the markets to the fullest extent of their abilities. Regardless of the level of experience, trading preferences, risk propensity, and trading volume, every client can opt for the solution that best suits their modus operandi and create strategies that fully reflect their own ideas.

The available accounts are:

• Premium Account.
• Micro Account.
• Fixed Account.
• Zero Account.

In case the trader wants to test the characteristics of the selected account without having to commit real funds, they can opt for opening a demo version and trade at zero expenses and zero risks. Furthermore, it is important to note that the broker does not impose too high activation deposits. This will allow the client to decide in complete freedom how, how much, and when to deposit funds to be able to trade.

Open a real account with LMFX

Premium Account

A type of account created mainly for professional traders who need certain conditions and services to trade at their best, the Premium account offers a high-performance environment that will allow the trader to develop accurate strategies and take full advantage of any operation.

Open a Premium LMFX account

Micro Account

An account created for traders who usually do not intend to take too many risks, the Micro account is excellent for beginners who want to start their journey without having to commit excessive funds and without facing excessive trading costs. Despite being designed for neophytes or traders with a low propensity for risk, even professionals in the field might opt for this type of account to test the offered environment before opening a more demanding account and increasing their investment volume.

Open a Micro LMFX account

Fixed Account

A type of account created specifically for clients who prefer trading with fixed costs on the spread and with zero commissions, the Fixed account is suitable for traders of any level who intend to trade on the markets based exclusively on the cost variations of the selected instruments with margin call and stop out respectively of 30% and 15%.

Open a Fixed LMFX account

Zero Account

Unlike the Fixed account, the Zero account offers trading with fixed costs with small commissions and spreads starting from 0 pip. Type of account usually selected by traders with high investment volumes who want to know the costs to be incurred before opening any operation.

Open a Zero LMFX account

How to Open an Account with LMFX

The procedure that allows the interested trader to open a new account with the broker is fast, simple, and secure. In a short time, the new client will be able to choose the account that suits their style, register, and make a deposit to trade. As a rigorously regulated international broker by multiple control bodies, LMFX requires the trader to undergo a verification to prove their real identity and country of origin. If suitable, the client can activate the account and start interacting on the markets.

To register and open a new account, just follow the next very simple steps:

First step.

To begin, the trader must visit the official website of the broker and click on the “Register” icon at the top right of the page. In the new screen “Create your wallet”, fill in the form by entering: first name, last name, email address, phone number, country of residence, date of birth, and account currency. Accept the terms and conditions of use (after reading them carefully) and click on “Register now”.

Second step.

In this step, the trader must provide information regarding their level of experience, risk propensity, the amount of funds they wish to invest, income, job sector, and job role, type of account, leverage to use, and trading platform.

Final step.

Finally, to activate the account the client will have to carry out a verification to prove their identity and country of origin. To proceed, they must send a clear front and back photo of an identification document (ID card, driver’s license, or passport) and a recent bill (electricity, gas, internet) containing the full address. If suitable, the client can make a first deposit using the most suitable payment method for their needs and start trading.

Traders of the Islamic faith can access the “zero swap” account type by contacting the support team that will assess whether to grant access.

Open a real account with LMFX Real