yeah of course, i mean the deposit is just some extra cash for testing. I do agree new brokers are hard to trust, but every brokers starts from nothing, Ill take this as a test period… its still early.
How’s about your test, jingoy?
there are three types of accounts premium (im testing) zero spread and fixed speads so far the response is good, the wallet system is good nothing out of the usual so far.
Dear Forum members,
I am an official representative of LMFX and I am here to answer any questions that you might have. It will be my pleasure to assist you!
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I am interested in your Deposit Match bonus and I went through the T&C and have a question regarding this part:
Only trades that have a 3 pip difference between open and close price are counted towards the volume requirements
Does this mean my trade don’t get counted if my closed price is near open price (althought market is sideway for day)?
Dear dollace,
You are correct. According to the terms and conditions of the Deposit Match Bonus in order to qualify for the volume requirements a trade must have at least 3 pips difference between the opening and the closing price. According to my personal experience even in the slowest days on the market there are moves over 3 pips on the trading instruments. If you have any other questions feel free to contact our customer support or ask us here. I will be happy to assist you.
Thanks for your fast response, I also thought like that. I also contacted your CS and my issue was resolved as well.
yup thats usually the case with bonuses, good observation dollace, I always say to check the conditions that comes with it, though bonuses can be used and are a good advantage but only to those who know how to use it and fully understand it
Dear dollace,
You are welcome! I’m glad that your questions got answered in a timely manner by our customer support department. If you have any other questions or need our assistance feel free to contact us at any time.
Agreed but sometimes we don’t get clearly the T&C of bonus program althought we checked it 3 times, and I don’t want to lose the bonus amount because of it.
I would say bonuses are a whole different agenda, traders can be classified as bonus experts or like my self no much of a bonus trader, but with that said bonuses do have their own use and i know of traders that use bonuses as a quick stepping stone for a more stable larger account and they are really good at it. maximizing their opportunities.
Just found the thread for LMFX here. I see that there is an official account. I am one of your clients and I just found a topic that says that you are not accepting US clients, but in fact I am a US citizen. Can you please state in public if you DO accept US clients and reply there as well, because I am bit confused now. I cannot post a link, but you can easily locate the thread: Going offshore to escape the CFTC
Dear Jack72,
Some websites are still showing that we do not offer our services to US based citizens, but as you can see yourself we do. We have taken the right steps to inform them about the wrong listings that they have and we are currently waiting for them to update the information there. I will go ahead and check the information in the thread at babypips you mentioned as well. Thanks for the heads up!
Thank you for clarifying the situation. I also see that the thread is updated.
You are welcome Jack72. We do our best to keep everything transparent and to clear every situation our clients might experience. The creator of the thread Clint reacted quickly and did the proper changes and now LMFX is listed as a brokerage that accepts clients from the United States. If you have any other questions do not hesitate to contact us.
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On a positive note, I would say lots of traders would be pleased to have your services offered to US traders, its a been a while actually since the last we’ve seen US traders trading off shore. good start this year…
Thanks for the positive comments jingoy. Many US traders are looking to trade offshore, because of the limitations that they have in the United States. Traders from the US are enjoying the same trading conditions at LMFX as the traders from the other countries.
So this broker accep US trader? Is there any difference in deposit and withdrawal between US and non-US trader?
very nice… I would say thats good news…
Dear dollace,
Thank you for your interest in LMFX!
It is our pleasure to inform you that LMFX accepts US traders.
The only difference in deposit and withdrawal procedures between US and non-US traders might be that Neteller and Skrill might block transactions from US residents.
Should you have any further questions please feel free to ask us here or contact our Customer Support!