Dear Forum members,
I am an official representative of LMFX and I am here to answer any questions that you might have. I would like to say a few words about the company and the products we offer.
LMFX offers it's clients the opportunity to trade many products, including 47 currency pairs, precious metals, oil, indices, shares and CFDs. As an online brokerage, LMFX welcomes clients from all around the world.
Why choose us?
* Fast execution.
* Three different types of live trading accounts, designed to suit the needs of every trader.
* Demo account.
* One of a kind PAMM system.
* A rich bonus program.
* Multiple contests.
* Seven trading platforms.
* Various funding methods, including Neteller, FasaPay, Skrill, Credit and Debit Cards and Wire Transfers (more to be introduced soon)
* Security of funds ensured by segregated accounts.
LMFX is dedicated to making your trading as easy as possible, which is why we give our clients a state of the art customer wallet, from which you could manage your trading. Our one of a kind Queelo communication system gives you security and comfort when communicating with the company.
LMFX's dedicated Customer Support is online 24/5 to help you and answer any questions you might have.
If you are in fact an official Rep, I find concern with your company. I have spent some time this morning exploring your website. I find the information that should be openly displayed missing from your site. I fail to see the company's holding name, and very little information about the owners, officers and you are very vague with information. I do not see any Registration information that is generally associated with Forex Brokers. I do not know who your Licencing board is. There is many things missing that should be disclosed in my opinion other than you are located in Macedonia and you provide Business License number. Who is the dept that issued that License number.
Just way to little information, that most reputable companies openly provide on their websites.
First of all I would like to thank you for spending your time checking our company. LMFX is not trying to hide the owners of the company and in fact the owner and CEO of LMFX is actually planning to go publicly on forums and be in direct contact with everyone who is interested in LMFX and has a question about the company. The name of the CEO is Venelin Videnov. As of the license information - Forex brokers are still not being regulated by the financial regulators in Macedonia(FSC and the National Bank). The business license number is issued by the Commercial Register in Macedonia. We will do our best to be open and transparent to the public and will take a note of your suggestions.
If you allow a registration of the CEO of LMFX he will be happy to join forum.
LMFX Official Representative
Well, we will have to agree to disagree.
I appreciate you responding to my posting, but I find that most brokers that I have investigated, are members of at least one if not both associations.
FCA Financial Conduct Authority- UK
Then we have additional ones that are recognized
SFC Hong Kong ASIC Australia and IIROC- Canada
The only point I was making, They are all members to some regulatory association as a independent group, Not just a license with in the country. If you would like to expand on it, please feel free, but you speak of you are going to disclose openly.
Why is this not information that is openly posted on the website. Your statement that he is planning to go on forums. Why is he not addressing this to his website. It is the core of your solicitation program. The virtual employee, one that is there 24 hours per day and 7 days a week. A potential client should be able to obtain this information with out ever having human contact.
That is the point I was trying to make.
I cant say its a review as of yet, like i only trade a small premium account right now, its still early to say, but so far, it starts good, decent execution actually its fast, no bothered by spreads but i would say its really reasonable, been talking to chat a lot they are an active bunch. its still a long way to go. Ill keep some tabs and update as soon as i get anything new.
Premium is also good but the spread is not superb as zero, 's course the commission could be a thing to consider in opening account but I am satisfied with the result so far.
Hie every one, newbie in Forex. i am learning forex from so many times. Now i want to have a good live account. For that looking for a broker, So what are the regulation of this broker and how is the Customer care response, etc...
You can check review of this broker on FPA and open a demo account or live account (small deposit) to test it. Too lucky the initial deposit is only $50 so it's possible.
World Wide Invest was established in 2009 with a vision: To provide unmatched online trading solutions to a broad range of traders and investors group around the world.