Automatic Trading on LMFX

LMFX is a great trading platform consisting of multiple features. There are some certain reasons for you to choose LMFX and start trading instantly. Some of the major reasons can be – great fund security, available education for traders, in-depth market analysis, contests and bonuses, leading MT4 platforms, and automated strategies with VPS hosting.

In this article, we will talk about the feature of automatic trading on LMFX and discuss more how LMFX helps its traders to become successful.

Why does LMFX help traders?

You might be thinking why does LMFX help their traders so much? This is because traders are the most vital part for LMFX. They are the ones who allow LMFX to operate. So, when the traders make a profit, so does the LMFX organization. Hence, it is mandatory that the traders on LMFX do well.

Automatic trading is a feature allowed by LMFX which can help traders to earn more profits from their investments easily without any effort.

LMFX does not impose any restrictions on its MT4 trading platform

The MT4 trading platform is fast and efficient for trading operations to take place, and it is also powerful and sophisticated. It is said to be one of the market-leading platforms for Forex trading. You will have 50 advanced indicators and tools to help you with all sorts of trading operations.

On the MT4 platform, you can use Automatic Trading/ Expert Advisor (EA), scalping, hedging, etc. But arbitrage trading is one thing that is not allowed. This is a risk-free strategy on Forex trading, where a trader buys security in one market and sells it to another for making effortless profits.

What is Automated Trading?

An automated trading system, also known as algorithmic trading, is a trading procedure that works on itself without the help of trader, once it is set. The decisions are analyzed and programmed by a computer.

This is helped by the VPS hosting, which is an Internet service that allows high-speed Internet connection and available 24/7. Thus it allows efficient trading operations which are automatic. This service is sometimes provided free for the trader on some occasions under some requirements, otherwise, monthly payments are needed for this service.

Advantages of Automated Trading 

This feature has certain benefits for traders, which are easy and simple to understand. The first thing is that it can help you to save time; you don’t have to make all the decisions and spend too much time on the trading procedure. The algorithm technology will make correct decisions and even copy the expert traders in order to make profitable decisions. You are destined to make more profit with this trading system.

The second thing is that it can help you to attain discipline and consistency. The program will run automatically and follow strict time schedules. This procedure is comparatively more efficient than manual trading. When you do the trading operations manually, you might not be able to be consistent, but this automatic procedure is no human, hence consistency is gained with ease. These factors can lead to higher success in Forex trading.

Disadvantages 

Some disadvantages are also associated with the automatic trading procedure. Despite the automatic procedure, you will have to certainly monitor your account at times in order to check if everything is up and running.

Possible mechanical failures can also lead to great damage. Plus, computer or Internet failure can disrupt the trading procedure and create issues.

For more info, please visit: LMFX broker review

Fund Security with LMFX

It is vital to keep your funds secure no matter what. LMFX realizes this aspect and is concerned about keeping your fund safe with proper actions. We all want to feel safe and secure before we transfer our hard earned funds to somewhere else. It is okay to be cautious and concern about it. We will ensure the proper security of your funds and explain it to you that how we keep your funds secure.

1 – depositing procedure

The process of funding into the LMFX account is simpler and easier. We work hard to ensure a user-friendly environment for you. After you access the client area, you can simply choose a payment method of your choice & fund into your own account. Still, you can ask that how is it ensured that my funds are secured?

For the depositing procedure, we only use established and reputed payment gateway provider from all around the world. This ensures you that, your funds are being processed by some reputable and trustworthy organizations under the LMFX name.  Some of the reputed organizations that we can mention right now are – Neteller and MoneyBookers.

2 – what happens after sending the fund?

So now you have sent the funds to LMFX so that you can facilitate the trading activity, after that – these funds will be sent to the specific accounts, categorized as – ‘Client Accounts’. These accounts are different and separated from the funds held by the company. So basically the funds from the client and the company does not mix up. It is unlikely that you will deposit funds in any of the company accounts because our intelligent system will make sure that your fund is delivered to the proper account.

3 –  so all the customer funds are separated?

Yes, all the customer funds are separated. This separation is done to ensure that there is transparency between funds of the client and the company. This procedure gives you extra protection for your funds. Because, although it is unlikely, if LMFX is no longer able to provide services for its clients, their fund will be easily and precisely returned to the clients. It will be an efficient and easy procedure since the funds were segregated in the beginning.

4 – if LMFX goes into the liquidation, what happens to the client money?

If somehow LMFX is forced into liquidation, the funds from client account will be sent back to the clients. Each of the clients would receive the designated funds they put in the past, and on behalf of LMFX, a small cost affiliated with the administration of these funds will be charged. Thus, customers can feel secure and safe about LMFX at any cost.

5 – what if payment gateways go into liquidation

We already mentioned that we work with specific payment gateway who are already established and well reputed. They certainly have a stable condition for their operations. The interesting aspect is that. We work with several different organizations all over the world, hence the risk is spread and minimized.

For more info, please visit: LMFX broker review

Bonus Offerings On LMFX

LMFX is offering two wonderful bonus deals to all of their loyal traders and clients, which includes the appropriately named, Phoenix Recovery Bonus and the Deposit Match Bonus.

The Phoenix Recovery Bonus offers clients making their first-time deposits of a financial net. During the first time deposit into the Phoenix Bonus Account, you receive a pending status on the funds on the account. This creates a safety net, so that, in an unfortunate incident you lose all of your trading funds, you will recover an additional 15% from the original deposit when they make a new deposit thereby helping you to start a step ahead in case something goes wrong.

You are allowed to make as many deposits as you want up until you make a trade before your Phoenix Recovery Bonus is set. Besides, after the first trade is made, a 15% bonus based on the sum of your deposits is created. This amount is returned to you when the conditions of the Phoenix Bonus are met, which include, the client’s account balance going to zero and a second deposit is made into the account soon afterward. As a result, you have a boost to restart and recover quickly, making it an essential bonus offer to consider applying to.

Another wonderful bonus program offered by LMFX is the Deposit Match Bonus. The offer stands to match the original amount you deposit into your account, and after you have successfully met the criteria associated with the bonus, your account is credited with the full bonus amount. Moreover, these funds cannot be lost and so can be used to increase the funds available in your account and help leverage it.

It is necessary to understand how the bonus works and what conditions must be met in order to get the amount credited to your account. Once you have made the initial deposit, you need to successfully make a set number of deals that need to be met. The number of deals needs to be made is determined by lots, which is exactly half of the bonus sum. For example, if you have deposited $200 into your account, your bonus sum amount is also $200, therefore, the amount of successful deals you need to complete is exactly 100. Once the conditions have been met and you have emailed LMFX support, your account is checked and the bonus amount which matches your initial deposit can be claimed within three months. However, failure to do so will cancel your bonus. Furthermore, you must be wary of two things. Firstly, although you have no set time limit on how long you can take to complete those necessary trades, you must never allow your account balance to go below the Deposit Match bonus amount, the bonus is automatically terminated. Secondly, you should understand that when withdrawing any amount from your account, a matching amount is automatically subtracted from the Deposit Match Bonus amount.This proportionate subtraction is applicable to previously claimed and awarded bonus amounts.

For more information please visit : LMFX broker review