Search

Rating Index

Pros

Established for several years, providing a level of experience in the market
Offers online customer service support, allowing for easier communication
Provides a range of services including investment banking and corporate finance

Cons

Regulatory status is questionable, with claims of being a suspicious clone of FCA regulation
Reports of scams and fraudulent activities associated with the broker
Official website is currently inaccessible, raising concerns about transparency and reliability

LXM broker Accounts

Lxm Account Type

Lxm offers a range of services and products, including investment banking, corporate finance, debt management, research, and brokerage services. However, there is limited information available regarding specific account types, minimum deposits, and spreads. The broker is suspected of being a clone of an FCA-regulated entity, which raises concerns about its legitimacy. Therefore, potential investors should approach with caution and conduct thorough research before engaging with Lxm.

Lxm Broker Account Opening Process

Currently, the official website of Lxm is experiencing functionality issues, which makes accessing the account opening process difficult. However, here are the general steps that are typically involved in opening an account with brokers:

  • Visit the Official Website: Navigate to Lxm's website (if accessible) to find the account registration section.
  • Fill in Personal Information: Provide necessary details such as your name, email address, phone number, and country of residence.
  • Choose Account Type: Select the type of account you wish to open, based on your trading needs and experience level.
  • Submit Documents: Upload required identification documents for verification, such as a government-issued ID and proof of address.
  • Verification: Wait for the broker to verify your documents, which may take several days.
  • Initial Deposit: Once verified, fund your account with the minimum deposit required to start trading.
  • Due to the suspicious nature of Lxm's regulatory status and the inaccessibility of its website, it is highly recommended to exercise caution and consider alternative brokers with verified regulations.

LXM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
LXM Account