LMFX’s 100% deposit bonus
Since September 15, 2015, LMFX has been offering its customers holding an LMFXconnect account the opportunity to access the 100% deposit bonus program which guarantees each trader a significant increase in trading volume.
With a minimum deposit of 100 USD or equivalent currency, any trader holding an active LMFX account will be able to join the promotion and if all the required requirements are satisfied, it will be possible to withdraw the entire amount deposited without any limitation or restriction.
The maximum amount available with the 100% deposit bonus program amounts to 30,000 USD and the activation of the offer will make it possible to increase the leverage.
LMFX 100% Deposit Bonus Terms and Conditions
- Minimum deposit
- The minimum deposit for accessing the promotion amounts to 100 USD or equivalent currency, after registering the offer, the amount of the bonus equivalent to the deposited amount will be credited to the customer’s LMFX account.
- Funds resulting from the Promotion
- The credited funds resulting from the promotion will significantly increase the deposit fund and given the fact that they cannot be lost they will help to fully exploit the potential of the account.
- Redemption of the Bonus
- In order to redeem the 100% Deposit Bonus offered by LMFX each trader must meet the required volume requirements
- Volume Requirements
- In order to be eligible for the payment of the Bonus it will be necessary to carry out a certain number of operations which vary according to the deposit made and through the following formula it will be possible to determine the necessary volume requirements:
Sum of the bonus / 2 = Number of lots
For example, with a deposit of $ 500 a deposit bonus of $ 500 will be credited and consequently, it will be essential to trade a volume of 250 lots (only closed trades will be considered eligible), Only trades with a difference of 3 pips between the opening price and closing price will be eligible for volume requirements.
- Join the promotion
- The Bonus is available to all traders holding an LMFXconnect account and the minimum deposit required is 100 USD.
- Maximum Bonus Amount
- Each Trader holding an LMFX account will be able to receive a maximum of USD 30,000 from the promotion but in the event that the client has multiple active bonus accounts the total sum cannot exceed USD 50,000.
- Trading purpose
- If the necessary volume requirements are not fully met, the funds resulting from the promotion can only be used for credit purposes.
- Withdrawal Conditions
- Once the required volume requirements are met, the trader must send an e-mail to the address [email protected] and request the collection of the promotion offered which subsequently the necessary checks will be credited to the account and available for both trading and a possible withdrawal.
Comparison of LMFX’s all trading account types
LMFX has 3 trading account types which are Fixed, Zero and Premium.
See the comparison of these 3 trading account types below and choose the right account type for your trading strategy.
|Minimum Spread||Fixed from 1.8 pips||From 0.0 pips||From 1.0 pip|
|Minimum Deposit Amount||$250||$100||$50|
|Trading Commission||None||4 USD per lot||None|
|Account Currency||USD & EUR||USD & EUR||USD & EUR|
|Available Markets||Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities||Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities||Forex, Gold, Silver, Oil, Indices, Share CFDs and Commodities|
|Max Trading Volume||75 lots||100 lots||60 lots|
|Max Number of Open Trades||150||200||100|
|Margin Call %||30%||50%||50%|
|Stop Out %||15%||20%||20%|
|Account Registration||Open Fixed Account||Open Zero Account||Open Premium Account|