LMFX deposit amount required in order to open a broker account is $50 / R 795,07. LMFX has a very affordable minimum deposit when compared to most other brokers in the industry.
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 Minimum deposit – 9 key points quick overview:
LMFX at a Glance- LMFX Minimum deposit – 9 key points quick overview:
- LMFX Minimum Deposit
- LMFX Deposit fees and deposit methods
- A step-by-step guide to LMFX depositing the minimum amount
- LMFX Customer Reviews
- LMFX Pros and Cons
- Conclusion
- Frequently Asked Questions
LMFX Minimum Deposit
LMFX has a minimum deposit requirement of only $50.
This minimum deposit amount was equivalent to ZAR 710 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.
LMFX’s authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.
LMFX Deposit fees and deposit methods
Compared to other brokers, the minimum deposit amount that LMFX requires when traders register a live account is low.
LMFX offers traders several payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.
📍 Deposits can be made via :
Visa or Mastercard payment cards
Bank wire transfers
Skrill
Neteller
FasaPay
Load e-wallets
The minimum deposit for all methods is $50, except for wire transfers for which it is $250.
Deposits are free and instant for e-wallets but can take up to 30 minutes for payment cards and 2-15 days for wire transfers.
Withdrawals can be made by the same methods, except for the Load e-wallet. Minimum withdrawals are $10 and wire transfers require $100. There are no withdrawal fees and payments are processed the same business day for e-wallets but can take 2-15 business days for payment cards and wire transfers.
USD and EUR are accepted as deposit currencies.
Traders must ensure that they verify whether their financial institution charges its own fees.
A step-by-step guide to LMFX depositing the minimum amount
Deposits can be made with LMFX using the following steps:
Traders can fund their accounts by sending the funds to one of the LMFX segregated clients’ accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.
Step 1 – Log in
Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.
Step 2 –Make the deposit
Funds must be transferred in the same currency as the bank account to which they are sending them, to prevent currency conversion fees from being 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 |
| Bonuses and deals offered | No cryptocurrency and Bitcoin trading |
| Demo contest with cash prizes | Only two base account currencies are available |
| Minimum deposit of only $50 | Unregulated and offshore broker |
| Negative balance protecti | |
| Several deposit methods are available |
Conclusion
LMFX deposit amount required in order to open a broker account is $50 / R 795,07. LMFX has a very affordable minimum deposit when compared to most other brokers in the industry.
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Frequently Asked Questions
What is the minimum deposit required to open an account with LMFX?
The minimum deposit is $50.
How do you make a deposit and withdraw money with LMFX?
LMFX offers the following deposit methods and withdrawal methods:
- Wire Transfer
- Credit Card
- Skrill
- Neteller
- Fasapay
The same method that was used to fund an account must normally be used to withdraw money. Withdrawals can be made by all the same methods, except for the Load e-wallet.
Does LMFX charge withdrawal fees?
The broker does not charge any withdrawal fees and places no minimum or maximum limits. However, the broker will not cover any charges associated with the bank or payment method you are using.
How long does it take to make a withdrawal?
Payments are processed the same business day for e-wallets but can take 2-15 business days for payment cards and wire transfers.
Are my deposits safe with LMFX?
When you deposit funds into an LMFX trading account, the broker only supports regulated and top-rated payment gateways
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