LMFX

hey guys, I was testing this broker called LMFX, small micro and things are looking good, any feedback or would be really nice before i push through. thanks
 
They literally bury their corporate details. I finally found their country of incorporation in their account opening PDF:

LMFX ,a company registered in the Republic of Macedonia under the registration number 0805-50/150120150016083

No address, no phone number, no license/regulation. IMHO, sending money to such an outfit is effectively sending it down a black hole, you have zero recourse. Caveat emptor...
 
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the address and number is at the a contact us section.. its a risk im taking, but im trading extra cash anyway. all brokers start as newbies. lets see how it goes its too early anyway.
 
yeah i guess they do, they accept US traders, and surprisingly the results of my trading are consistent, and good..

They do accept traders from US as i have noticed some good reviews of US traders about this broker.
 
yes i think this broker has no exceptions for US canada or japan traders and thats a good news really, only 1 of 5 eu brokers that allow us trading.
 
They do accept traders from US as i have noticed some good reviews of US traders about this broker.

Not sure why U.S trader is restricted in most EU brokers, I think it's for money protection.
 
its more of a money thingy, to contain investments with in the US, and for taxes to be paid fully in the US, thats kinda unfair, more a capitalism going on.
 
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