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LMFX

Operating status: Unregulated
Website: https://www.lmfx.com/
High-Risk Active
Broker violations and abnormal records
  • Jun 20, 2021 BrokersView has reviewed that LMFX is an unregulated forex broker
    BrokersView found LMFX is currently not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    BrokersView found LMFX is currently not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

3 comments

Jerrod Hayes
Please do not trust this broker. They said they are regulated but they are not. At present they are not processing any withdrawals. Be careful, don't deposit any money. Find a trusted broker fully regulated.
Jun 09, 2023
Reply
Forexia
I can't withdraw money, I use the same deposit method, but it always goes back to the trading account and cannot take out all the funds, so that’s why I would like to choose a more reliable broker.
Jun 01, 2023
Reply
Mario Vega
Scammer scammer scammer , they stole my money 4600 $ . they suddenly removed the bonus from my account to make my margin to reach to zero then close all my open position and stole 4600 $ . i had on my account at this time 2600 Margin with 250 % . but they removed the bonus and closed all open position and stole my money ., keep away from them
Aug 27, 2022
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.