Score
Saint Vincent and the Grenadines
|
5-10 years
| http://www.lxfx.com/
Website
Rating Index
Influence
D
Influence index NO.1
Spain 2.33
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
lxfx.com Hong Kong| LXFX Review Summary | |
| Founded | 2009 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No Regulation |
| Market Instruments | Forex, Stock CFDs, Global Stock Indices, Gold & Silver, Commodities, Cryptocurrency CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| EUR/USD Spread | From 1.6 pips (STND Standard account) |
| Trading Platform | cTrader |
| Minimum Deposit | $300 |
| Customer Support | 24/5 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.
| Pros | Cons |
| Demo accounts available | No regulation |
| A wide range of products | No MT4/MT5 |
| High minimum deposit | |
| Unknown payment options |
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.
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 | ❌ |
LXFX provides Standard Account, ECN Professional Account, as well as a demo account.
| Account Type | STND Standard | ECN Low Spread |
| Minimum Deposit | 300 USD | 3,000 USD |
| Suitable for | All types of investors | Preferred by high - volume & professional traders |
The maximum leverage is 1:200. Note that leverage can camplify both profits and losses.
| Account Type | STND Standard | ECN Low Spread |
| Minimum Spread - EUR/USD | 1.6 | 0 |
| Commission - Forex | 0 | 10 USD per Standard Lot |
| Commission - Gold, Silver | 0 | 10 USD per Standard Lot |
| Commission - Oil | 0 | 10 USD per Standard Lot |
| Commission - Indices | 10 USD per Standard Lot | 10 USD per Standard Lot |
| Trading Platform | Supported | Available Devices | Suitable for |
| cTrader | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
LXFX does not provide specific information on withdrawal times, but the withdrawal process is available through several payment methods. The actual processing time will depend on the method chosen.
LXFX is not regulated by any financial authorities. It operates without oversight from any government or financial institutions, meaning there is no regulatory protection for its clients.
LXFX offers a clear cost structure, multiple cTrader platform versions, and a variety of payment methods, including bank transfers and major credit cards. However, the major downside is its unregulated status, which exposes traders to additional risks. Additionally, currency conversion fees may apply, and the commission and spread structure can be complex.
The minimum deposit requirement is $300 for the STND Standard Account and $3,000 for the ECN Low Spread Account.
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