LMFX broker discussion

Yes! There is the the Phoenix Recovery Bonus and the Deposit Match Bonus! You can avail for them at the Funding menu when you are logged in!
 
pls do check the bonuses tos first and fully understand it, bonuses have their uses just to be fair, but I do tend to trade without them just to avoid complications..
 
Is this contest good, or is it easy to claim the prize? I see it's a draw but it seems you can get a higher chance (odd) when you trade more lot volume:

For every extra 10 lots traded on top of the initial 20 required, the trader will also increase their odds of winning. The odds of winning would increase by 1 meaning that with 30 lots traded for example a trader would double their chances of being added to The Draw.

Link if you need: https://lmfx.com/promotions/golden-draw
 
thank for this, ill check it out.. it rates are good might use it to convert some crypto i have laying around
If you mean rates (coin prices), then I see the rates are similar to other DEXs; the main thing that has me joining a DEX is their fee in open and close positions/orders. Other DEXs, like Binance, charge a super high fee compared to other DEXs.
 
yes i was able to exchange some coins on it, its pretty handy and quiet fast really. good service in my opinion.
 
I don't understand why this broker doesn't allow me to use a trading account to log in to crypto trading. I prefer an all-in-one account. I guess this relates to the regulation.
 
If you mean rates (coin prices), then I see the rates are similar to other DEXs; the main thing that has me joining a DEX is their fee in open and close positions/orders. Other DEXs, like Binance, charge a super high fee compared to other DEXs.
Sorry for my wrong knowledge, those DEXs I mentioned in this post are CEX actually.
 
it can be a bit complicated, maybe due to regulations and how the systems in place are currently set up, but maybe we might see integration of such in the future, where we can trade crypto and forex at the same time, but for now i dont think its a bad thing, and its fine really separating the two in my personal opinion, there is even LMGX token that is booming right now, we might see more brokers using their own token soon. its a good move really.
 
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