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/10

LXFX

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
ECN Account Questionable Regulatory License | cTrader | High Potential Risk

http://www.lxfx.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

United States United States 5.09
Surpassed 18.10% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+1 8007786016
http://www.lxfx.com/
Euro House, Richmond Hill Road, Kingstown, Saint Vincent and the Grenadines
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
Link Global Markets LLC
Email
support@lxfx.com
Contact Number
+18007786016
Company Website
Account Info
Business Region
Verified Site
About Us
Disclosure
Wiki Q&A
Comment

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Official Website

Verified Site

  • lxfx.com
    103.194.187.62
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2009-03-27
    Website Name
    WHOIS.NAME.COM
    Company
    NAME.COM, INC.

Company Profile

Company Profile

Review summary

LXFX Review Summary
Founded2009
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo Regulation
Market InstrumentsForex, Stock CFDs, Global Stock Indices, Gold & Silver, Commodities, Cryptocurrency CFDs
Demo Account
LeverageUp to 1:200
EUR/USD SpreadFrom 1.6 pips (STND Standard account)
Trading PlatformcTrader
Minimum Deposit$300
Customer Support24/5 support
Chicago: +18007786016
London: +442038071799
Singapore: +6531388078
Email: support@lxfx.com
Address: Euro House, Richmond Hill Road, Kingstown, Saint Vincent and the Grenadines

LXFX is an unregulated financial brokerage firm founded in 2009 and registered in Saint Vincent and the Grenadines. It offers various products, including Forex, Stock CFDs, Global Stock Indices, Gold & Silver, Commodities, and Cryptocurrency CFDs. The firm provides Standard Account and ECN Professional Account with a maximum leverage of up to 1:200, minimum deposit requirement of $300, and competitive spreads.The trading platform is LXFX ctrader.

LXFX's homepage

Pros and Cons

Pros Cons
Demo accounts availableNo regulation
A wide range of productsNo MT4/MT5
High minimum deposit
Unknown payment options

Is LXFX Legit?

At present, LXFX lacks valid regulation. Its domain was registered on March 26, 2009, and the current status is “client transfer prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

No license
Domain information

What Can I Trade on LXFX?

LXFX provides clients with Forex, Stock CFDs, Global Stock Indices, Gold & Silver, Commodities, and Cryptocurrency CFDs.

Tradable Instruments Supported
Forex
Stock CFDs
Global Stock Indices
Gold & Silver
Commodities
Cryptocurrency CFDs
Bonds
Options
ETFs
Mutual Funds
What Can I Trade on LXFX?

Account Type

LXFX provides Standard Account, ECN Professional Account, as well as a demo account.

Account TypeSTND StandardECN Low Spread
Minimum Deposit300 USD3,000 USD
Suitable forAll types of investorsPreferred by high - volume & professional traders
Account comparison

Leverage

The maximum leverage is 1:200. Note that leverage can camplify both profits and losses.

Spreads and Commissions

Account TypeSTND StandardECN Low Spread
Minimum Spread - EUR/USD1.60
Commission - Forex010 USD per Standard Lot
Commission - Gold, Silver010 USD per Standard Lot
Commission - Oil010 USD per Standard Lot
Commission - Indices10 USD per Standard Lot10 USD per Standard Lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
cTraderDesktop, Mobile, WebExperienced traders
MT4/Beginners
MT5/Experienced traders
cTrader

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • cTrader
  • High Potential Risk

Wiki Q&A

What is the regulatory status of LXFX?

LXFX operates as an unregulated entity. Its only formal registration is a US FinCEN Money Services Business license held by Link Global Markets LLC, which does not authorize or provide oversight for retail forex and CFD brokerage activities, classifying it as a high-risk entity.

04-02
United States

Where is LXFX registered?

The broker is registered in Saint Vincent and the Grenadines (SVG). The SVG Financial Services Authority (FSA) does not regulate or supervise forex brokers, offering no oversight or investor protection schemes for client funds.

04-02
United States

What is the minimum deposit for LXFX?

LXFX offers two account tiers: the Standard account requires a $300 minimum deposit, while the ECN Professional account has a significantly higher entry point of $3,000. Both account types offer leverage up to 1:200 and permit trading strategies such as scalping and the use of Expert Advisors (EAs).

04-02
United States

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

Three days ago

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Three days ago

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
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