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LMFX any thoughts on this broker? 7 replies

LMFX Discussion 6 replies

LMFX

Quoting dpforex
In my point of view, if I trade with real money less than USD 1,000 a broker should not be an issue (i.e trade wherever you feel comfort). but if more than that.. I will ONLY trade with well established regulator (NFA/FCA/ASIC). just my personal opinion.
If you don't want to lose money, 100$ still a problem. Through previous post, this broker doesn't have any messup with payment. Regulation is a matter but I often trust a broker that have many traders can deposit/withdraw thoroughly.
I believe this is a generous attitude of giving opportunity to every new player in the market for proving their integrity and services.
Quoting jiggz
i havent tried it though but i think youll be fine even if you dont. platform is stable and has a good reaction time to it.
hi, I just signed up live for lmfx, I live in Boston USA. do you still trade with LMFX ? how is your experience with them ?
thank you and have a great rest of the day. RB
Quoting Rb2
{quote} hi, I just signed up live for lmfx, I live in Boston USA. do you still trade with LMFX ? how is your experience with them ? thank you and have a great rest of the day. RB
I believe now you will be able to experience their services at your own, good luck with your trading mate.
Quoting jollypk
{quote} I believe now you will be able to experience their services at your own, good luck with your trading mate.
hey , I have opened a live account with them but I have'nt funded it yet. I might fund my account with cryptorocket first.
who are you using for trading ??
Quoting Rb2
{quote} hey , I have opened a live account with them but I have'nt funded it yet. I might fund my account with cryptorocket first. who are you using for trading ??
I don't think this broker allow you to fund account by crypto currency. Last month I still access the website and I've heard any news regarding crypto.
Quoting asrona
{quote} I don't think this broker allow you to fund account by crypto currency. Last month I still access the website and I've heard any news regarding crypto.
hi Asrona , I am not talking about Funding account wit Crypto. I think you are very busy and couldn't read my msg correctly. Cryptorocket Fx is another broker. cryptorocket.com. I want to fund my account with cryptorocket.com.

what is your experience with lmfx ? ? ?
I think Cryptorocket is a Crypto payment service, not a broker lol. My experience with this broker is pretty short and this broker is reliable to trade, not diversified options for but quite enough for new trader to start trading at a broker accepting U.S trader.
Quoting asrona
I think Cryptorocket is a Crypto payment service, not a broker lol. My experience with this broker is pretty short and this broker is reliable to trade, not diversified options for but quite enough for new trader to start trading at a broker accepting U.S trader.
Hi Asrona, you trade with lmfx...I see. ok. do you trust lmfx for a 5000 dollar account ? I wait your reply. thank you Asrona.
Quoting RB1234
{quote} Hi Asrona, you trade with lmfx...I see. ok. do you trust lmfx for a 5000 dollar account ? I wait your reply. thank you Asrona.

Good feedback here: https://www.forexpeacearmy.com/
Quoting RB1234
{quote} Hi Asrona, you trade with lmfx...I see. ok. do you trust lmfx for a 5000 dollar account ? I wait your reply. thank you Asrona.
As I stated in my previous post, I traded with this broker for a few months and not profit or loss much but I really deposited and withdrew from this broker. It's pretty swift and I tried < 1000 USD but I think $5000 is not a big deal with this broker, especially if you stick with Premium or Zero accounts. You can also check feedback on other ratings site for further information before investment.
Quoting asrona
{quote} As I stated in my previous post, I traded with this broker for a few months and not profit or loss much but I really deposited and withdrew from this broker. It's pretty swift and I tried < 1000 USD but I think $5000 is not a big deal with this broker, especially if you stick with Premium or Zero accounts. You can also check feedback on other ratings site for further information before investment.
thank you very much . Arsona.
Quoting kaiser soze
{quote} Good feedback here: https://www.forexpeacearmy.com/
Forex peace army is a good site in my opinion.
Do you guys know any other site to check a broker's reputation? FPA is good but I am looking for more references.
  • Post #75
  • Quote
  • Edited 10:11pm Nov 5, 2019 9:34pm | Edited 10:11pm
Quoting asrona
Do you guys know any other site to check a broker's reputation? FPA is good but I am looking for more references.

That's very understandable.....but being from USA we are SEVERELY limited in broker options these days....no thanks to Good Olde Obama.....I've seen quite a few
brokers go either belly up or just stop allowing USA residents to open an account....so as a rule.....I can say.....start small.....and keep pulling out the equity over time....There was a seasoned trader on ff that would never let his account go over 100K......once he built it up, he regularly pulled out the equity and start over again ....so he was always playing with "house money"....as we call it in Vegas when I lived there....
At any rate here are some references....Hope this helps!!


https://forum.worldwide-invest.org/t...-broker.30324/

https://donnaforex.com/index.php?topic=19590.0

https://www.earnforex.com/forex-brokers/LMFX/
  • Post #77
  • Quote
  • Edited 3:50pm Nov 19, 2019 3:29pm | Edited 3:50pm
Quoting asrona
Do you guys know any other site to check a broker's reputation? FPA is good but I am looking for more references.
fpa is not enough at all, in my opinion. check out reddit, facebook, babypips , youtube… (review-sites that are not meant only for reviews are better ) I do read fpa but my decisions are not based off fpa only. try reddit. this website ff also has good reviews or people's experience about different brokers. you might already know all these websites, I think these are the best ones, it is v.v.v hard to find an unbiased and neutral website on the reviews. they are all commercial , they tend to promote brokers who use them for advertisement/ commisions one way or other, that's all I could say, have a good one,
Everyone has their own choices to search through every possible means, so i guess it could be a good way to search on other sources like you had mentioned. CHeerS!
Quoting Rb2
{quote} fpa is not enough at all, in my opinion. check out reddit, facebook, babypips , youtube… (review-sites that are not meant only for reviews are better ) I do read fpa but my decisions are not based off fpa only. try reddit. this website ff also has good reviews or people's experience about different brokers. you might already know all these websites, I think these are the best ones, it is v.v.v hard to find an unbiased and neutral website on the reviews. they are all commercial , they tend to promote brokers who use them for advertisement/...
Reddit looks good but it's not active there, I see it's a pretty quiet and too advanced for basic question broker checking. Should we trade by ourselves to validate a broker reliability?
Quoting hoangforex
{quote} Reddit looks good but it's not active there, I see it's a pretty quiet and too advanced for basic question broker checking. Should we trade by ourselves to validate a broker reliability?
We can also check the broker's processes using a demo account as it is free and is almost similar like live trading account.
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