LMFX - Lmfx.com

[tradesprint]

New comers only listen when they ends up blowing their accounts imo, a demo account is key for any successful traders so anyone who wishes to become successful in future should not ignore the importance of trading demo account.

[sendong]

well thats true, cant argue with that. 

[1abcdf]

You can start with a cent account. It is more or less safe

[nextop]

On 7/1/2021 at 7:27 PM, 1abcdf said:

You can start with a cent account. It is more or less safe

This broker minimum deposit is $50, what cent account you're indicating?

[tradesprint]

Usually small amounts can be a good start to test the broker's further processes like withdrawal etc which we cant test on their demo account.

[sendong]

yes i have to agree, just to see how the process and live environment works, and to test withdrwal. 

[tradesprint]

Usually the demo accounts of the reputed brokers are similar to their live trading environment still we should test them with small amounts i guess.

[sendong]

yes thats correct, and there are many uses for demo, and its a good practice for new comers 

[nextop]

Does this broker have PAMM trading?

[tradesprint]

I think the option is available. Are you going to invest in PAMM or wanted to be a PAMM manager?

[nextop]

Investing, if I can be a PAMM manager, I think solo trading would be better. PAMM manager requires you not only trading skill but fund management or high volume trading. 

[tradesprint]

Ok i thought you might also be interested in depositing some funds in PAMM to diversify your portfolio.

[MrD]

We've nominated LMFX to Gold Forum Awards:

https://gold.forum/topic/373796-tell-us-your-favorite-forex-broker/

[tradesprint]

Good to hear this broker also qualifies for the gold award.

[nextop]

Can we use MT4 on mobile to trade LMFX, anyone tried it?

[sendong]

yes of course, mt4 for lmfx mobile is there

[tradesprint]

We can use mobile but actually trading can't be recommended on a phone because we can't see a lot of trading candles or data so better to use mobile to alter or make changes to existing trades or monitoring how the execution is going on.

[sendong]

https://lmfx.com/promotions/golden-draw

[nextop]

It sounds like a possible prize to claim since it's a lucky draw; if it's about the most profitable account, then I get no chance to win.

[sendong]

I believe its an annual draw every april, 20 winners i guess, having my fingers corssed