LMFX offers a selection of commissions. LMFX has Premium accounts, the typical spread for GBP/USD is 2.6 pips, the Fixed account does not have variable spreads and the Zero account offers raw spreads with no mark-up.
LMFX at a Glance
| 🔎 Broker's Name | LMFX |
| 📍 Headquartered | Macedonia |
| 📅 Year Founded | 2015 |
| ⚖️ Regulating Authorities | Not regulated by reputable authorities |
| 🌐 Countries not accepted for trade | United States, United Kingdom, Japan |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:1000 on the Premium account, 1:400 on the Fixed account and 1:250 on the Zero account |
| 💰 Minimum Deposit | $50 / R 795,07 |
| 💳 Deposit Options | Wire Transfer, Credit Card, Skrill, Neteller, Vload, Fasapay |
| 💳 Withdrawal Options | Wire Transfer, Credit Card, Skrill, Neteller, Vload, Fasapay |
| 💻 Platform Types | MT4 |
| 📱 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, CFDs, indices, shares, commodities |
| 👨💼 Languages supported on Website | English, Spanish, Portuguese, Japanese |
| 👥 Customer Support Languages | English, Spanish, Portuguese, Japanese |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 50
Regulators
Not Regulated
Trading Platform
MT4, WebTrader
Crypto
No
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
LMFX Fees and spreads – 9 key points quick overview:
LMFX at a Glance- LMFX Fees and spreads – 9 key points quick overview:
- LMFX Fees and Spreads
- LMFX Additional Trading Fees
- LMFX Broker Fees
- LMFX Customer Reviews
- LMFX Pros and Cons
- Conclusion
- Frequently Asked Questions
LMFX Fees and Spreads
LMFX spreads on EUR/USD start from 1.1 pips. For Premium accounts, the typical spread for GBP/USD is 2.6 pips and for EUR/GBP it is 2.1 pips.
The Fixed account does not have variable spreads, with base rates higher at 2.6 pips for GBP/USD, 2.2 pips for EUR/GBP, and 1.1 pips for EUR/USD.
The Zero account offers raw spreads with no markup. These spreads are much lower at 0.8 pips for GBP/USD, 0.5 pips for EUR/GBP, and 0.2 pips for EUR/USD.
There are no commissions charged for Premium and Fixed account holders, but Zero accounts charge a $4 per lot commission.
LMFX offers competitive leverage ratios of 1:1000 with their Premium account. The Fixed account has lower leverage ratios at 1:400, and the Zero account offers leverage up to 1:250.
Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with LMFX are as follows:
CFD:
FTSE Spread 3 pips
GBPUSD Spread 2.6 pips
Oil Spread 0.7 pips
Forex
GBP/USD Spread 2.6 pips
EUR/USD Spread 1.1 pips
EUR/GBP Spread 2.1 pips
LMFX Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day.
LMFX does not provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.
The LMFX support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.
LMFX Broker Fees
LMFX does not charge deposit fees or inactivity fees. Traders need to verify what additional charges may be charged by their financial institution. No withdrawal fees are charged.
Min Deposit
USD 50
Regulators
Not Regulated
Trading Platform
MT4, WebTrader
Crypto
No
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
LMFX Customer Reviews
LMFX has always been at the top of my list as the best FX broker out there. Being in the USA I appreciate their kind and friendly service but especially their high-leverage account. I’ve been a customer of LMFX for about 7 years so I know of which I speak. I can guarantee you your money is safe with LMFX.
In Dec of 2025, I started trading with LMFX mainly focusing on joy and AUD pairs, trading the Asian market, starting with a mid-sized premium account I. overall I would describe trading with LMFX as simple and easy, in July I hit my ROI and made my first pure profit by the end of OCT 2025, I am a part-time trader still learning, most trades are done on mt4, I use different charting software, stable servers, good execution time, I don’t scalp much but so far I’m satisfied with the results.
A lot of the low reviews seem to stem from misunderstandings, and you really do have to read through the boring stuff to understand how the bonuses work, etc. This is a pretty good forex provider, their odd deposit options seem to have improved since last I tried it months ago.
I’ve yet to make any profit, I’ve only lost money, but I never felt it was due to LMFX or shady practices (Other than markets being rigged which everyone knows), I’m just a terrible trader lol. Don’t bet against the trend like I did 😛
LMFX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Automated trading supported | Limited educational resources available |
| Demo accounts can be opened | No cryptocurrency and Bitcoin trading |
| Fixed spreads available | No hedging allowed |
| High leverage rates offered | No Islamic accounts are available |
| No deposit fees or withdrawal fees charged | Unregulated and offshore broker |
Conclusion
LMFX offers a selection of commissions. LMFX has Premium accounts, the typical spread for GBP/USD is 2.6 pips, the Fixed account does not have variable spreads and the Zero account offers raw spreads with no markup.
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Frequently Asked Questions
How many instruments can I trade with LMFX?
You can trade several different instruments with LMFX, which include the following:
- Forex
- CFDs
- Indices
- Shares
- Commodities
Which platforms are supported by LMFX?
LMFX provides the following popular trading platforms:
- MT4
- MT4 WebTrader
Does LMFX offer leverage?
Yes, LMFX offers maximum leverage of up to 1:1000 on the Premium account, 1:400 on the Fixed account, and 1:250 on the Zero account.
What spreads can I expect with LMFX?
LMFX offers spreads from 1.1 pips.
What is the overall rating out of 10 for LMFX?
The overall rating is 5/10.
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