LMFX

LMFX Broker Overview

LMFX is a forex and CFD broker whose website, lmfx.com, names Global Trade Partners Ltd. of Skopje, North Macedonia, as the company that provides its trading service on MetaTrader 4. That company was incorporated in North Macedonia on 20 February 2015, and LMFX offers four accounts with minimum deposits from 5 USD or EUR and leverage of up to 1:1000. No financial regulator is on record for Global Trade Partners Ltd., and the only licence entry on record for the group, in the name of its payment company in Saint Vincent and the Grenadines, is recorded as expired.

LMFX's online registration is closed to applicants in Germany, visitors from EU member states are told the site's content does not comply with their local legislation, and the site states that it is not directed at residents of the United States, the United Kingdom or Japan.

Is LMFX Regulated?

LMFX has no confirmed regulation: no financial authority is on record as licensing Global Trade Partners Ltd., the company that provides its MetaTrader service, and the website quotes no licence for that company.

The one licence entry on record for the group is number 24653 with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, in the name of GTP Global Solutions Ltd., the Kingstown company that LMFX names as its payment-services provider, with an effective date of 10 April 2018. It is recorded as expired: when WIKILIX checked the FSA register on 28 October 2026, the register showed that entity as cancelled and listed no licence under that number for the LMFX brand or any of its companies.

LMFX's footer states that Live Markets LLC, which it describes as incorporated in the Comoros Union with company number HY01023439 and as the provider of LMFX's crypto payments and trading services, holds Brokerage License Number T2023402; the footer does not name the authority that issued it. The same footer says that products or services provided by other group companies do not fall within Live Markets LLC's regulated services, so by the broker's own account that licence does not extend to the services Global Trade Partners Ltd. provides.

Global Trade Partners Ltd. and the Other LMFX Companies

According to LMFX's website, Global Trade Partners Ltd., registration number 7020600, of Risto Ravanovski 13a, 1000 Skopje, provides the financial services offered through MetaTrader. Its record in the Central Registry of North Macedonia, checked on 28 October 2026, lists the company as GLOBAL TRADE PARTNERS DOOEL Skopje under the same number, incorporated on 20 February 2015 and registered at Risto Ravanovski 13a, 1000 Skopje (Karpos). That is a company registration, not a financial licence.

Payment services are provided by GTP Global Solutions Ltd. of Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines, and crypto payments and trading services by Live Markets LLC in the Comoros Union.

Is LMFX Safe?

LMFX offers fewer protections than a regulated broker: with no financial authority on record as supervising Global Trade Partners Ltd., client safeguards depend on LMFX's own contract. Two of its terms stand out. Under clause 29.4 c) of the Account Opening Agreement, an unsuccessful card chargeback costs 300 USD in research and processing charges, and LMFX may block the trading facility, terminate the account and confiscate any profits. Under its Complaint Handling Procedure, a complaint about a particular trade must be submitted within 24 hours of its cause.

LMFX Account Types

LMFX offers four accounts, all on MetaTrader 4 in USD or EUR, and a client may hold more than one live account:

• Premium: minimum deposit 5 USD/EUR, leverage up to 1:1000, spreads from 1 pip with no commission, standard lots, all product groups, stop-out at 20%.
• Micro: minimum deposit 5 USD/EUR, leverage up to 1:1000, spreads from 1 pip with no commission, lots of 1,000 units, forex and metals only, stop-out at 20%.
• Fixed: minimum deposit 25 USD/EUR, leverage up to 1:400, fixed spreads with no commission, standard lots, all product groups, stop-out at 15%.
• Zero: minimum deposit 15 USD/EUR, leverage up to 1:250, spreads from 0 pips plus a commission, standard lots, all product groups, stop-out at 15%.

Oil, indices, commodities and shares have their own specifications, which the accounts page says are not affected by the account type. An Islamic swap-free version is optional on every account: it covers forex pairs, metals and oil, is free of swap for up to 7 days, and after that the Terms of Business apply a daily carry charge to each position.

LMFX also advertises a 100% Credit Bonus and a 15% Recovery bonus. Its Deposit Match Bonus terms match a first deposit of at least 100 USD, but the bonus can only be withdrawn after trading a number of lots equal to half the bonus in US dollars (100 lots for a 200 USD bonus); trades on indices, US shares, gold and oil count at a tenth, and only trades with a 3 pip difference between open and close price count. If the volume is not reached and equity falls below the bonus, the bonus is removed automatically, and with the 100% Credit Bonus there is no margin call alert.

LMFX Spreads, Commissions and Fees

Forex spreads start from 1 pip on the Premium and Micro accounts, are fixed on the Fixed account and start from 0 pips on the Zero account, which charges 4 USD or EUR per side, 8 round turn, per standard lot. Index CFDs carry a commission of 2 USD per lot round turn and share CFDs 0.10%. The client agreement says clients who come through a business introducer may be charged higher spreads than those shown on the website.

LMFX Trading Platforms

MetaTrader 4 is LMFX's only platform; it does not offer MetaTrader 5, cTrader or a platform of its own. MT4 is available as an LMFX-branded Windows installer, for Mac and Linux, in the browser through the MT4 WebTrader at webtrader.lmfx.com, and as the MetaTrader 4 app on the App Store, Google Play and Huawei AppGallery. A forex VPS with the LMFX MT4 terminal installed costs 20 USD a month, or is free with a deposit of 5,000 USD.

LMFX Deposits and Withdrawals

Deposits can be made by Visa or Mastercard (credited within 30 minutes), Skrill, Neteller and Fasapay (instant), Instacoins (within an hour) and in nearly 30 cryptocurrencies, including Bitcoin, Ethereum, Tether (USDT) and USDC, with no deposit fee. Every card and e-wallet deposit has a minimum of 50 USD or EUR, above the 5 to 25 USD/EUR account minimums; only crypto accepts less. No bank or wire transfer is listed on the funding page.

Withdrawals are listed only to Skrill, Neteller and Fasapay, from 10 USD or EUR and processed the same business day when requested before 10:00 server time, and in crypto, processed from 9:00 to 18:00 server time on weekdays and subject to the network's transaction fee. Cards and Instacoins are deposit only. The funding page shows no e-wallet withdrawal fee, but clause 13.6 of the client agreement charges an additional withdrawal fee, with no amount stated, unless 3 lots have been traded for each deposit. The agreement also says requests are processed within three business days, pays withdrawals back by the funding method to the same remitter, and lets LMFX add a mark-up when converting currencies.

LMFX Support

LMFX says its support team is available 24/5 by live chat, by email at support@lmfx.com and by phone on +44 2035192105. Complaints go in writing to complaints@lmfx.com, and LMFX says it endeavours to reply within 21 days, with a possible further 21. The website is published in eight languages, but the client agreement makes English the official language and says information in other languages is not binding.

LMFX Pros and Cons

• Pros: account minimums from 5 USD/EUR; a choice of variable, fixed and commission-based zero-spread pricing; MetaTrader 4 on desktop, web and mobile; deposits without a deposit fee; 24/5 support.
• Cons: no confirmed regulator for the trading business; a 50 USD/EUR minimum on card and e-wallet deposits; withdrawals only to e-wallets and crypto; an additional withdrawal fee of unstated amount unless 3 lots are traded per deposit; bonus terms with high volume requirements; a 24-hour deadline for complaints about trades; a 300 USD charge and possible loss of profits after an unsuccessful chargeback.

LMFX Review and Assessment

LMFX combines low entry minimums, leverage of up to 1:1000 and a choice of pricing models on MetaTrader 4, run from Skopje by Global Trade Partners Ltd. Its central weakness is regulatory: Global Trade Partners Ltd. is a registered company with no financial licence on record, and the only licence number in LMFX's footer belongs to a Comoros affiliate whose licence, by LMFX's own statement, does not cover the other group companies' services. Anyone considering an account should read the Account Opening Agreement and the bonus terms alongside the funding page, because the contract's withdrawal and chargeback terms are stricter than the funding page suggests.