November 30, 2021

Full rules and conditions of LMFX's Phoenix Recovery Bonus

How does LMFX's Phoenix Recovery Bonus work? Here is everything you need to know.

lmfx-phoenix-15%-deposit-bonus-promotion-mt4-metatrader4 lmfx-phoenix-15%-deposit-bonus-promotion-mt4-metatrader4

Phoenix recovery bonus with LMFX

Adhering to this fantastic promotion will help any trader in difficulty to rectify their losses, taking advantage of their mistakes in trading all LMFX clients will be able to understand which strategies to implement to make winning trades.

Through the aforementioned promotion, each trader can take advantage of a recovery bonus directly credited to their LMFX account.

Immediately after making the first deposit to their trading account, clients will receive an additional “pending” credit from the Phoenix bonus promotion.

The number of outstanding funds resulting from the Phoenix recovery promotion are calculated as a percentage of 15% on the first deposit made.

In the event that a trader loses all his capital, due to negotiation errors, risky decisions or simply by bad luck, the 15% Phoenix recovery bonus offered by LMFX will be credited instantly by making an additional deposit.

However small the amount credited resulting from the promotion may be, it will certainly be useful to help the trader in recovering his losses.

Get LMFX’s Phoenix Recovery Bonus

Phoenix Recovery Bonus Terms and Conditions

The list below summarizes the terms and conditions of use of the Phoenix recovery bonus offered by LMFX.

The promotion will be calculated on the first deposit made
The “suspended” amount of 15% resulting from the promotion will be calculated on the deposit or sum of deposits prior to a first transaction made.
Accreditation of the Bonus
In case of loss of the entire deposited amount, the Phoenix Bonus will be credited and available for both trading and withdrawal.
Subsequent deposits
Deposits prior to your first trade will not be eligible for the Phoenix recovery promotion.
Possible Variations
LMFX reserves the right to establish and modify the percentage of the Phoenix Bonus at the time of opening the account and for its possible deposit of funds.
The customer is entitled to open only one Phoenix Bonus account
In the event that a customer who holds several Bonus accounts is discovered, the LMFX company will remove all outstanding amounts deriving from the promotion.
The promotion is compatible with other types of bonuses
Any trader will be able to join other bonus promotions offered by LMFX as long as they are different from the Phoenix Bonus.
Withdrawals prior to the Phoenix Bonus redemption
Any withdrawal made prior to the collection of the Bonus will cause the offer to be removed.
Possible offer changes
LMFX reserves the right to change the conditions of the offer or to permanently delete it without having to receive the consent of the customers.

In the following example, we will try to make the process that will allow you to receive the Phoenix promotion as clear as possible.

Deposit made 200 $
Pending fund resulting from the Phoenix promotion 30 $
Any Losses -200 $
Next deposit 100 $ + 30 $ Phoenix bonus

For more information visit XM’s official website and contact the support team.

Go to LMFX’s Official Website

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.

Account Type Fixed Zero Premium
Minimum Spread Fixed from 1.8 pips From 0.0 pips From 1.0 pip
Maximum Leverage 1:400 1:250 1:1000
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
Web Trader Available Available Available
Mobile App Available Available Available
Margin Call % 30% 50% 50%
Stop Out % 15% 20% 20%
Account Registration Open Fixed Account Open Zero Account Open Premium Account

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