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What account types does LMFX offer?

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LMFX
Account
Instruments
Leverage
Platform
05-09
United States
WikiFX
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LMFX offers four different account types: Premium, Micro, Fixed, and Zero, which gives me the flexibility to choose the one that best suits my trading style. As a trader who wants low spreads and is comfortable paying a commission, the Zero account is ideal, as it offers spreads starting from 0 pips but charges a commission of $4 per lot per side. On the other hand, if I prefer to avoid commissions, I can opt for the Premium account, which has a spread starting from 1 pip and no commission. I like that LMFX gives me options depending on whether I want tighter spreads or a commission-free experience. For beginners like me, the Micro account with its low minimum deposit requirement is a good way to get started with live trading without committing too much capital upfront. However, I always make sure to review the features and understand the risk associated with high leverage, especially with accounts like Zero, which offer higher leverage for increased exposure. Overall, the choice of account types at LMFX allows me to tailor my trading experience to my needs, and I appreciate the flexibility in this regard.

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