What's the withdrawal condition of LMFX 100% Deposit Bonus on MT4 accounts? Table of Contents
- The core withdrawal condition
- The exact volume formula you must meet
- What counts as a “lot” for the requirement
- The release step that makes the bonus withdrawable
- How withdrawals before completion affect your bonus
- The equity safety line that can wipe the credit
- Deposit thresholds, account limits, and caps
- What “the bonus may not be lost” actually means
- Practical workflow for MT4 traders
- Worked examples (with exact math)
- Additional rules that affect your withdrawal plan
- MT4 specifics that matter
- A crisp checklist for Forex traders who want to withdraw the bonus
- Frequently asked, answered clearly
- Smart planning tips to actually get the bonus out
LMFX offers a 100% Credit Bonus on eligible deposits. At first, this money is credit—it boosts margin and leverage but is not cash you can withdraw. To turn the bonus into withdrawable money, you must complete a trading volume requirement measured in closed lots. After you meet that requirement, you request a release; on approval, the bonus status changes from Deposit Match Bonus to Deposit Match Cash, and at that point you can withdraw it like normal funds. Until release, certain withdrawals and equity conditions can cause all or part of the bonus to be removed.
| Stage | What it means |
|---|---|
| Deposit Match Bonus (credit) | Boosts margin; not withdrawable; subject to equity and withdrawal rules |
| Volume completed | Closed-lot requirement satisfied; eligible to request release |
| Deposit Match Cash | Bonus converted to cash upon approval; withdrawable like balance |
The core withdrawal condition
You may withdraw the 100% Credit Bonus after you complete the required trading volume and the broker converts the bonus to cash upon your request. The process has two parts:
- Finish the volume requirement (see the exact formula below).
- Ask for the release (email request). Once approved, the status changes to Deposit Match Cash and it becomes withdrawable. There is a time window to claim the release after you’ve met the requirement.
Until that release, the bonus remains credit—useful for trading, but not a payout balance.
The exact volume formula you must meet
The program uses a single, simple calculation:
Bonus sum ÷ 2 = number of lots to trade (closed lots).
- Example: A $200 bonus requires 100 lots closed before the bonus can be released and withdrawn.
- Only closed trades count toward the target. Partial fills and open exposure don’t move the counter until positions close.
What counts as a “lot” for the requirement
Minimum price movement filter
Only trades with at least a 3-pip difference between the open and close price count toward the requirement. Ultra-tight scalps that close within 3 pips do not add volume to your tally.
Instrument weighting
Some markets count at a reduced rate toward the lot target:
- Indices, U.S. Shares, Gold, Oil: 1 traded lot counts as 0.1 lot toward the requirement.
- U.K. Shares: 1 traded lot counts as 0.001 lot toward the requirement.
Implication: if your plan is to unlock the bonus quickly, Forex pairs (and other instruments not listed in the reduced groups) are the most efficient because they count 1:1.
| Instrument group | Lot credit toward target |
|---|---|
| Forex pairs | 1.0 lot = 1.0 lot toward target |
| Indices / U.S. Shares / Gold / Oil | 1.0 lot = 0.1 lot toward target |
| U.K. Shares | 1.0 lot = 0.001 lot toward target |
The release step that makes the bonus withdrawable
When you hit the lot target, you must ask for the bonus to be released. On verification, LMFX converts the balance from Deposit Match Bonus (credit) to Deposit Match Cash (money). From that moment, you are free to withdraw it (or trade with it and lose it like any other cash). There is a limited period after completing the volume to submit this request; miss the window and the right to claim the cash is forfeited.
How withdrawals before completion affect your bonus
Withdrawing money from the account before you complete the volume requirement triggers a 1:1 removal of the bonus:
- Every $1 you withdraw removes $1 of the credited bonus from the account. This removal is automatic.
- Internal transfers out of the bonus account are treated as withdrawals for this purpose if the transfer comes from the original balance that attracted the bonus.
- Credit Bonuses cannot be transferred between accounts.
Strategic takeaway: if your goal is to convert the entire bonus to cash later, avoid withdrawing until you’ve finished the requirement and had the bonus released.
The equity safety line that can wipe the credit
If you have not met the volume requirement and your account’s Cash Equity (defined as Equity minus Credit Bonus) falls to zero or below, all credited bonuses are canceled. In practical terms, if your own money in the account is exhausted while the bonus is still only credit, the platform removes the bonus and you lose that cushion going forward. This may also trigger stop-out on open positions.
There is no margin call alert in the 100% Credit Bonus mode—another reason to keep a close eye on risk if you’re trading near the line.
| Rule | Impact |
|---|---|
| Cash Equity ≤ 0 | All credited bonus is canceled |
| No margin call alert | Self-manage buffer; avoid trading near the line |
| Open positions after cancel | Higher stop-out risk without credit cushion |
Deposit thresholds, account limits, and caps
- The 100% Credit Bonus applies on new deposits starting from $100.
- Only one Deposit Match Bonus account is permitted per client.
- The maximum total bonus that can be active under this promotion is $30,000.
These figures shape the ceiling of what you can ultimately convert to cash once you complete the respective lot targets and request release.
What “the bonus may not be lost” actually means
The terms state that the Deposit Match Bonus funds are there to increase trading funds and help leverage the account; they may not be lost while they are in credit form. That sentence sits alongside the cash-equity rule above. Put together, the meaning is clear:
- While credit is active
- The platform removes credit rather than let credit absorb losses beyond your Cash Equity.
- If requirement is not met
- When Cash Equity hits zero or negative, credit is canceled.
- After release
- Funds become normal, withdrawable cash and behave like any deposit.
Practical workflow for MT4 traders
- Deposit into the dedicated LMFX account that will carry the promotion (minimum $100). The system credits the same amount as bonus (credit).
- Trade with a plan that hits the volume target. Focus on markets that count 1:1 and structure entries/exits with at least 3 pips difference on close.
- Manage risk above the cash-equity line. If your own equity disappears before you finish, credit is removed and the promotion is over on that account.
- Do not withdraw until you’ve finished the target; otherwise, the system will reduce your bonus dollar-for-dollar.
- When the lot count is done, request the release. After LMFX flips the status to Deposit Match Cash, the money is withdrawable like any other balance.
Worked examples (with exact math)
Example 1: Straightforward Forex approach
- Deposit: $500 → Bonus (credit): $500.
- Requirement: $500 ÷ 2 = 250 lots (closed).
- You trade currency pairs only. Every closed 1.00 lot counts as 1.00 toward the target.
- You make sure every close is at least 3 pips away from entry.
- When your log shows 250 lots closed, you request release. On approval, the $500 credit becomes cash and can be withdrawn.
Example 2: Index-heavy trading (reduced weight)
- Deposit: $1,000 → Bonus: $1,000.
- Requirement: $1,000 ÷ 2 = 500 lots.
- You mostly trade indices. Remember: 1 index lot = 0.1 lot toward the target.
- To hit 500, you would need 5,000 index lots closed if using indices alone. Mixing in Forex (1:1) reduces the total count significantly.
Example 3: Withdrawing early reduces the bonus
- Deposit: $300 → Bonus: $300 → Requirement: 150 lots.
- Before finishing the 150-lot target, you withdraw $100.
- The platform automatically removes $100 from the credited bonus; your remaining credit is now $200.
- If you keep withdrawing, the bonus keeps shrinking 1:1 until there’s nothing left to release.
Example 4: Cash Equity drops to zero
- You haven’t finished your lot target.
- A series of losing trades pushes Cash Equity (Equity – Credit Bonus) to zero.
- The platform cancels the credited bonus at once. With credit gone, open positions may face immediate stop-out.
Additional rules that affect your withdrawal plan
- Only one Deposit Match Bonus account per client; you can’t stack multiple accounts to scale the same promotion.
- Internal transfers out of the bonus account are treated as withdrawals if the transfer comes from the original balance tied to the bonus; expect the 1:1 bonus reduction.
- No switching between bonus programs on the fly. You can request a scheme change by email, but all active bonuses are removed if you do.
- The company can modify or terminate the promotion at discretion and may remove the bonus in cases of abuse (for example, coordinated strategies designed to game the credit).
MT4 specifics that matter
- The credit appears in the MT4 account as a Credit line that augments margin. Until released, it is not part of Cash Balance and can’t be withdrawn.
- Because there is no margin call alert under this scheme, standard MT4 notifications on margin usage may not give you early warning. Keep a manual buffer above the cash-equity line to avoid automatic bonus cancellation.
- Lot counting is based on closed trades. Use MT4’s account history and custom period filters to track progress; make sure each counted trade clears the 3-pip rule.
A crisp checklist for Forex traders who want to withdraw the bonus
- Deposit $100 or more into the LMFX account tied to the promo.
- Confirm the credited amount equals your deposit (up to the promotion’s cap).
- Plan your trading to finish Bonus ÷ 2 lots using instruments that count 1:1 where possible; structure exits with ≥ 3 pips distance.
- Avoid withdrawals and internal transfers until you finish; they shrink the credit dollar-for-dollar.
- Protect Cash Equity; if it hits zero or below, the platform cancels credit immediately.
- Request release as soon as you hit the target; once the status flips to Deposit Match Cash, the money is withdrawable. Make the request within the allowed claim window.
Frequently asked, answered clearly
- Can I withdraw the bonus without trading the required volume?
- No. The bonus is credit until you complete Bonus ÷ 2 lots and request release. Only then does it become cash you can withdraw.
- Do profits count separately from the bonus?
- The program focuses on the bonus withdrawal condition. You should assume that withdrawing before completion reduces the credited bonus 1:1, and that breaching the cash-equity line cancels it entirely. The surest path to withdrawing the bonus is to finish the lot target and request release.
- Do index and commodities trades help much with the target?
- They count, but at 0.1× efficiency toward the requirement. If you want speed, focus on assets that count 1:1—notably Forex pairs—and maintain the 3-pip rule on exits.
- What happens if I forget to ask for the release after finishing the lots?
- There is a limited period to claim; miss it and the right to convert the credit to cash is lost. Request the release right after you reach the target.
- Can I keep switching between Phoenix and the 100% Credit Bonus?
- No. You can request a change of scheme by email, but all active bonuses are removed if you do. Treat each program as a separate, one-at-a-time commitment.
Smart planning tips to actually get the bonus out
- Front-load Forex volume. Because FX counts 1:1, it accelerates progress. Use instruments with tight spreads to meet the 3-pip close rule efficiently.
- Stage exits intentionally. Avoid micro-closes that fail the 3-pip filter. Even profitable scalps that close within 3 pips won’t move the counter.
- Keep a cash buffer. Trade with sufficient own equity to avoid tripping the Cash Equity ≤ 0 cancellation. Leverage is helpful; over-reliance on credit isn’t.
- Defer withdrawals. If you must take money out mid-campaign, know the credit will shrink 1:1; recalculate your remaining credit and whether the new target is still worth finishing.
- Finish, then request release immediately. The bonus only becomes withdrawable after LMFX flips it to Deposit Match Cash. Don’t wait; there is a claim window.
The LMFX 100% Deposit Match is a credit that turns into withdrawable cash only after you trade Bonus ÷ 2 lots, respect the 3-pip rule on counted trades, and request the conversion. Withdraw early, and the system cuts your credit 1:1; let Cash Equity drop to zero or below, and the platform cancels the entire credit. Trade efficiently in instruments that count 1:1, manage risk so your own equity stays intact, and ask for the release as soon as you hit the target. Follow that path and the bonus moves from credit to cash you can take out—cleanly and on your terms.
Please check LMFX official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of LMFX", if you want to know the details and the company information of LMFX.
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