|Journal status: |
- Full listing profile: LMFX broker profile
Is LMFX safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is LMFX trusted?
- Information transparency: high
- Customer service: prompt, helpful
- LMFX website: highly detailed, updated
- LMFX popularity (by visitor count): average
How LMFX works
6. Market Making
6.1 The Client is particularly made aware of the fact, that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, the Execution Venue may act as a Market Maker.
6.2 The Company may from time to time act as the Execution Venue.
6.3 When acting as a Market Maker, the Execution Venue will under normal market conditions give the Client bid and ask prices.
8. Prohibited Trading
8.1 The Client acknowledges and understands that the service provided by the company to the Client is not designed for specific trading techniques usually called "arbitrage trading", "picking/sniping" . Snipping: the situation where the Client is prematurely buying or selling near default prices.
The Company (or any of its associates) may benefit from commission, mark–up, mark–down or any other reward where it acts for the Counterparty to a Contract.
10.10 The Company is, in accordance with its Best Execution Policy, authorized to merge the Client’s orders with the bank’s own orders, orders of any of the Company’s associates and/or persons connected with the Company including employees and other clients.
Our Zero Spread Account is a low cost trading account that boasts NO markups and super-tight spreads starting from 0.0 pips!
Ideal for scalping and high-volume trading