Forex broker LMFX is a broker from Northern Macedonia. LMFX broker registration location is St. Vincent and the Grenadines, a state located in the Antilles.
As a Macedonian Forex broker, LMFX has been operating since 2015. In 2000, LMFX was registered in the state of St. Vincent and the Grenadines.
LMFX is operated by Global Trade Partners Incorporated and GTP Global Solutions Ltd. Global Trade Partners Incorporated and GTP’s subsidiary Global Solutions Ltd. are private independent companies and provide logistics services worldwide.
The logistics office is located in Toronto, Canada. Global Trade Partners Incorporated carries land, water and air.
Benefits of Forex trading with LMFX
LMFX Broker provides clients with the opportunity to trade by opening three types of accounts, each of which will meet the interests of the forex trader.
Thanks to LMFX, the broker can buy and sell with the help of traditional currency pairs and exotic. LMFX offers Contract for Difference (CFD) on indices, commodities, stocks and non-ferrous precious metals.
To start Forex trading, you need to register a personal broker’s office and open an account, adding it to a minimum amount of $50, or equivalent.
The LMFX Forex broker has a classic spread of 1.2 pips for the main euro-dollar pair. This spread size is considered beneficial for the Forex broker.
The amount of leverage depends on the type of trading account. A premium trading account allows you to trade with a leverage of 1:1000. As you know, thanks to the large size of leverage, surprisingly profitable forex trading is possible. However, the monetary losses in the event of a loss also become significant.
A forex broker from Macedonia offers to make sales transactions using the Trading Platform Meta Trader 4. This popular trading platform is intuitive. Meta Trader 4 has been tested for a long time and is considered reliable.
Features of Forex trading on the LMFX site
Due to various variations of graphs and other indicators, the trader has a clear and clear idea of all the changes in the international currency market.
Automatic sales transactions using trading programs-advisers make trading very simple. Each broker can apply their own indicators, which determine the waves of the Forex trading trend.
In addition to individual trading indicators, a Forex broker can run simulations using known historical data.
LMFX offers educational programs, lessons, workshops, webinars and seminars. The training program was developed by Forex specialists with extensive experience of Forex operations.
Analysis and training in trading skills from LMFX
Analytics in Forex trading is extremely important. On the LMFX Forex Enterprise website, every ordinary trader uses analytical information from LMFX.
On the LMFX site, you can use the Fibonacci calculator to make sales transactions, calculate the reversal of points, the size of the position, the cost of the item. The economic news calendar will help determine the future value of the assets of interest.
Especially for Forex brokers from Monday to Friday there is round-the-clock support online. You can contact an LMFX representative by phone or email.
It is possible to top up the account using bank transfers, with the help of debit and credit cards, through online translation systems Neteller, Skrill, FastPay. On a trading platform, the smallest deposit of $50 or its equivalent is possible. A minimum of $10 is available.
More information about LMFX
Forex analysts believe that trading on the international forex market together with the broker LMFX will be preferable for more experienced brokers. There is no training demo account on which beginners master the trade on the LMFX trading site. Rather risky conditions of cooperation are more suitable for traders with a solid size of trading capital.
The peculiarity of cooperation with the broker LMFX is that all possible legal disputes and discussions between the trader and LMFX are taken to the offshore zone, the place of registration of the LMFX enterprise. Namely, the island nation of St. Vincent and the Grenadines.
It is important for the investor to assess all the risks associated with trading on the international currency market together with the broker LMFX. The ability to protect the investor from the misconduct of the broker is more powerful in the event that the commerce of the trading platform is regulated by the official regulatory authorities.
In opposite cases, the finances of the average investor depend entirely on the degree of legality of the Forex enterprise.