LMFX Review
US ACCEPTEDOffshore Broker Since 2015 - High Leverage
LMFX is an offshore forex broker established in 2015 with leverage up to 1:1000, multiple crypto deposit options and $25,000 trading contests. LMFX no longer accepts US residents — it exited the US market in 2024 and closed existing US accounts, so American traders should look at the alternatives below.
Quick Stats
LMFX is an offshore broker with trading operations based in North Macedonia and payment services registered in St. Vincent and the Grenadines. They have operated since 2015, but as of 2024 they no longer accept US residents. Trading with offshore brokers carries additional risks. Only trade with funds you can afford to lose and consider your risk tolerance before opening an account.
⚡Quick Facts
LMFX — $50 min deposit · 1:1000 leverage · International Clients
Open AccountLMFX Bonuses & Promotions
Take advantage of these exclusive offers to maximize your trading potential
100% Credit Bonus
Double your trading capital with LMFX's generous credit bonus program.
- •Minimum deposit: $100
- •Maximum bonus: $30,000
- •Trading volume requirements apply
- •Terms and conditions on LMFX website
Cashback Program
Earn cashback on every trade with LMFX's exclusive IB cashback program.
- •Available for all account types
- •Up to $7 per standard lot
- •Paid monthly to your account
- •No minimum trading volume
Phoenix Bonus
Get 15% recovery bonus on your re-deposits to continue trading.
- •Available on re-deposits
- •15% bonus on subsequent deposits
- •Helps recover from losses
- •Standard terms apply
Learn & Earn
Complete trading education modules and earn up to $1,750 in rewards.
- •Complete educational courses
- •Pass quizzes and assessments
- •Maximum $1,750 in earnings
- •Available for new clients
* Bonuses are subject to terms and conditions. Trading bonus funds involves risk. Please read full terms before participating.
How to Open a LMFX Account
Get started with LMFX in minutes. Follow these simple steps to begin trading.
Visit LMFX Website
Click our link to access LMFX's secure registration page.
Complete Registration
Fill in your details - name, email, phone, and country (US accepted).
Verify Your Identity
Upload ID and proof of address. Verification typically takes 24 hours.
Fund Your Account
Deposit via crypto (BTC, ETH, USDT), card, or e-wallet. Minimum $50.
Start Trading
Download MT4, choose your leverage (up to 1:1000), and begin trading.
Pros & Cons
Advantages
- High leverage up to 1:1000
- Multiple crypto deposit options (BTC, ETH, USDT)
- Established since 2015
- $25K trading contest prizes
- Zero spread account available
- Fixed spread option for news trading
- Negative balance protection
- Scalping and hedging allowed
- Expert Advisors fully supported
- 24/5 responsive support
Disadvantages
- ✕Does not accept US residents (exited the US market in 2024)
- ✕Offshore broker (North Macedonia / St. Vincent registered)
- ✕MT4 only - no MT5 platform
Despite the limitations above, LMFX remains a top choice — verified by thousands of real trader reviews and consistent trading conditions.
Takes 2 minutes · No hidden fees
Ready to trade with LMFX?
$50 min deposit · 1:1000 leverage
Account Types
Premium Account
Fixed Account
Zero Account
Detailed Ratings
Zero spreads, 1:1000 leverage
MT4 only, full EA support
24/5 responsive support
Crypto + multiple options
Unregulated offshore broker
Deposit & Withdrawal Methods
| Method | Deposit Time | Withdrawal Time | Fee |
|---|---|---|---|
Bitcoin (BTC)Recommended | 10-60 min | 10-60 min | Free |
USDT (Tether)Recommended | 10-30 min | 10-30 min | Free |
Ethereum (ETH)Recommended | 10-30 min | 10-30 min | Free |
Credit/Debit Card | Instant | 1-5 days | Free |
Skrill | Instant | 24 hours | Free |
Neteller | Instant | 24 hours | Free |
Bank Wire Transfer | 2-5 days | 2-5 days | $25 |
LMFX vs Competitors
See how LMFX compares to other popular brokers
| Feature | |  |  |
|---|---|---|---|
| US Clients Accepted | ✗ | Yes ✓ | Yes ✓ |
| Minimum Deposit | $50 | $10 | $10 |
| Maximum Leverage | 1:1000 | 1:1000 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips | 0.0 pips |
| Trading Platform | MT4 only | MT5 | MT4, MT5 |
| Trading Contests | Yes ($25K) ✓ | Yes ✓ | Yes ✓ |
| Crypto Deposits | Yes ✓ | Yes ✓ | Yes ✓ |
| Fixed Spread Option | Yes ✓ | ✗ | ✗ |
| Open Account | Open Account | Open Account | Open Account |
Community Feedback
Common Praise
- +High leverage (1:1000) available
- +Multiple deposit methods including crypto
- +Regular trading contests with prizes
- +Responsive customer support
Common Concerns
- -Offshore broker (not tier-1 regulated, North Macedonia / St. Vincent)
- -MT4 only - no MT5 available
- -Wire withdrawal fee ($25)
Frequently Asked Questions
No. LMFX exited the US market in 2024 and force-closed existing US accounts, so US residents can no longer open or fund an account there. US traders should use an offshore broker that still accepts them — see our US-accepted broker list.
Write a Review for LMFX
Open Your LMFX Account Today
Start trading with $50 minimum deposit. US clients welcome.
Takes 2 minutes · No hidden fees · Crypto deposits accepted
LMFX is an offshore broker with trading operations based in North Macedonia and payment services registered in St. Vincent and the Grenadines. They have operated since 2015, but as of 2024 they no longer accept US residents. Trading with offshore brokers carries additional risks. Only trade with funds you can afford to lose and consider your risk tolerance before opening an account.
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