LMFX Account Type

LMFX offers a variety of account types tailored to meet the diverse needs of traders. Here are the main account types available:

• Premium Account
• Minimum Deposit: $50
• Spreads: From 1 pip
• Leverage: Up to 1:1000
• Commission: None
• Maximum Open Trades: 100
• Contract Size: 1 lot = 100,000 units
• Fixed Account
• Minimum Deposit: $250
• Spreads: Fixed spreads starting from 1.8 pips
• Leverage: Up to 1:400
• Commission: None
• Maximum Open Trades: 150
• Contract Size: 1 lot = 100,000 units
• Zero Account
• Minimum Deposit: $100
• Spreads: Raw spreads starting from 0.0 pips
• Leverage: Up to 1:250
• Commission: $4 per lot per side (total $8 round turn)
• Maximum Open Trades: 200
• Contract Size: 1 lot = 100,000 units
• Islamic Account
• Features: Swap-free trading options available for all account types.
• Leverage and Spread: Same as the standard account type chosen.

These accounts cater to various trading styles, from beginners to experienced traders, allowing flexibility in trading strategies.

LMFX Broker Account Opening Process

To open an account with LMFX, follow these steps:

• Visit the LMFX Website: Go to the official LMFX website.
• Registration: Click on the "Register" button and fill in the required information, including your first name, last name, email address, and phone number.
• Email Confirmation: After submitting the registration form, you will receive a confirmation email. Click on the link in the email to verify your account.
• Account Verification: Log in to the LMFX client portal and complete the account verification process by submitting copies of your ID and proof of address.
• Make a Deposit: Once your account is verified, you can fund your account using various deposit methods.
• Start Trading: After funding your account, you can start trading on the LMFX platform.

By following these steps, you can efficiently set up your LMFX account and begin your trading journey.

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