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