LMFX - Lmfx.com

[sendong]

Im testing this broker called LMFX and was wonderin if anyone has tried them before?

[nextop]

Anyone here has any insights about this broker? I see they offer various account types.

[sendong]

they do have 3 types of accounts, zero, fixed and premium, min deposit is 50 for premium, I do have a small live account just trying them out, the results are good, execution wise its fast, same mt4 platform so nothing new there i guess. will keep tabs and update if i find anything odd, but i think this broker is promising.

[nextop]

Yes, it's new but time will tell us. I am on demo and it's fast execution MT4.

[sendong]

how is trading going? so far the lmfx exp is doing well, very consistent, generating good results..

[sendong]

things i have noticed so far,

- spreads are tight, on a average i would say 1.3-1.6 pip on eurusd..
- execution speed is excellent, no hang time or lag time or whatever its called.
- good response from support, quick follow up and replies, i like that.
- 1 withsrawal process quick and with in time frame, thats a pass score.

[nextop]

Through your review, this broker is worthy to trade. However, I also want to check their PAMM feedback. But I could invest a initial deposit for Premium one first.

[tradesprint]

I am trading with them for the last two months and the premium account can be a good start.

[sendong]

yeah i agree its a good broker and i see lots of good feedback over the internet..

[nextop]

yeah i agree its a good broker and i see lots of good feedback over the internet..

Where did you read those feedback? Please share.

[sendong]

in other forums such us babypips and earnforex, u will find some review sites on google as well. best of luck.

[sendong]

oh yeah you can look at review sites like forex peace army as well for feedback, i mean u will notice no violent raction from traders, which is a good indication.

[tradesprint]

I just noticed this week's crystal ball contest pair is USDJPY..

[sendong]

thats was last weeks i guess :) i had a very lfar answer lol, but will try again.. trading is doing fine, looking forward for big moves this week on gold.

[tradesprint]

oh yeah you can look at review sites like forex peace army as well for feedback, i mean u will notice no violent raction from traders, which is a good indication.

Forex peace army is a good place to read reviews of traders, i usually go there for reading reviews of any new broker which i wanted to test or either trade their demo accounts for testing them.

[sendong]

yes i have to agree, one of the oldest and most reasonable sites for broker discussion, and there are others out there but non focus on credibility of brokers like forex peace army

[nextop]

Forex peace army is a good place to read reviews of traders, i usually go there for reading reviews of any new broker which i wanted to test or either trade their demo accounts for testing them.

Yes, FPA is really a good site to check the reputation and authority of a broker. But we should only trust it 90%, 10% relies on our experience and knowledge.

[tradesprint]

Did anyone entered the closing value of GBPJPY in the crystal ball contest yet.. ?

[sendong]

nope, not this time sorry, i was too busy keeping an eye on the news and the UK has decided to leave the union with a 51% vote. this is gonna be a roller coaster ride from here on.

[tradesprint]

Agreed and i also didn't participated this time in crystal ball contest as i was not sure of GBP and Its value went record low. Let see what is this week's contest pair..