How to invest and trade efficiently with LMFX Broker

One of the newest Forex brokers, founded in 2015, LMFX Broker, is an international retail broker, which belongs to the "Fastest-Growing" group of Forex brokers. With many positive reviews and many choicesit gives to its users, LMFX is one of the industry's top Forex brokers staying "unregulated," with the confidence it will provide the best deals and promotions to its users.

LMFX offers two different types of trading platforms. The first is the MetaTrader (MT4), industry's standard trading platform, known by traders and recognized in the entire world. The second is one that gathers the interest of many traders, the LMFX WebTrader, which is easy to learn and use, giving you more time to develop a good trading strategy.

LMFX offers up to 1:1000 leverage to all its traders. This means, LMFX will only require 0.1% of margin to support positions. This leverage means that LMFX is excellent at managing investment risks. Just a few brokers in the world offering more than 1:1000 leverage for trading.

Users only need USD 50 or the equivalent amount in EUR with LMFX as a minimum to start trading with a premium account.

The trading account types LMFX offers are three, each account has its own maximum limitation for leverage. They include:

•Premium account is up to 1:1000

•Fixed account is up to 1:400

•Zero account is up to 1:250

Even though most of the brokers restrain their leverage according to their account balance, this isn't a weakness with LMFX, as it does not limit the leverage according to account balances. So, you do not need to worry about margin call or stop out by leverage restrictions.

Another thing LMFX offers is a nice number of bonuses and promotions like the Phoenix Bonus. This is a recovery bonus that gives its traders (who makes their first-time deposit into their Phoenix Bonus Account) several funds 'pending' on the account, reflecting the percentage of the FTD in case they lose all their trading capital. There is also the Deposit Bonus, which matches the deposit with 100% credit and after meeting the volume requirements, it can be withdrawn,

LMFX also offers its traders several generous contests, like the LMFX Crystal Ball Contest, which provides the chance to predict future rates of a currency pair. If estimated correctly, the three closest will each win a prize. 

LMFX also offers several educational tools. They provide an economic calendar posted on the site, which lists upcoming events planned throughout the world, and several essential Forex calculators that enable their traders to have comprehensive statistics on their trades. These include the Fibonacci, Pivots Point, Position Size and Pip Value calculators. Animated video lessons for both beginner traders as well as MT4 tutorials are also available to watch.

For  more information please visit : LMFX broker review