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LMFX server location and latency: Featured broker within 2.28ms.

In this post we will be reviewing LMFX and identifying the best server location for them. We understand that one of the struggles as a Forex trader is reducing the amount of slippage that happens when you execute a trade. If it takes longer for your broker to receive your trade, you get in the market later and this costs your profit, or even worse causes you to lose money. at FXVPS we make sure that doesn’t become an issue by having our VPS servers directly adjacent to the same DATACENTER as the brokers. Thats how we can provide you with the lowest latency in the market.

tuyen1008

I have had some account issues during the transaction, my emails are usually answered within the same day. I appreciate this issue. Thank you LMFX support team

03/11/2021

fxtradernick

Been with LMFX for 4 years as a US client, outstanding broker. Lightning fast execution, fair spreads and usually zero commissions. They’ve held the line while other brokers have fallen out through the years. I’ve made six figures with the company and have withdrawn it all without any questions besides verifying some information about myself. For an offshore broker they’ve got an amazing reputation and have come a very long way in the past few years and should honestly be a top tier broker – regulated or not. Many of you might notice there are a few bad reviews. The biggest criticism that LMFX has is their withdrawal process. Yes, in the past I’ve experienced a slow withdrawal but since then I’ve wired huge amounts in excess of $40,000 and they’ve made it to my bank account within just a few business days. Don’t be discouraged, they pay out timely and deposits are quick as well. Deposit methods could be optimized, but throughout time you’ll notice they are constantly adding in new ways to deposit.

14/08/2020

anhtran007

I have believed and thought that LMFX is a reliable and excellent broker until recently. To reduce the volatility of the market, I chose the fix account type, this account type I had to pay 1 fixed spread, and the slippage every time the position was closed was 3-5 pips. But in the last few days we have suffered from another slippage, increasing gradually from 10 pips up to 25-35 pips plus slippage on closing up to 40 pips. For a scalping player like me, the odds of losing as well as hitting a one-way stoploss are easier. When you open 1 lot position you can lose up to 400$ when you are out of order, I think this is an unreliable broker, they may increase the spread to burn your account one day. You should consider carefully because in the past 6 months they have continuously increased the spread like this, one day you will be their victim. We should consider when opening an account of LMFX. I am very disappointed about the change of the Fix account type of the exchange, or is this just a small error that the exchange has not been able to fix.

16/05/2022

Begone

LMFX has always been at the top of my list as the best FX broker out there. Being in the USA I appreciate their kind and friendly service but especially their high leverage account. I’ve been a customer of LMFX for about 7 years so I know of which I speak. I can guarantee you your money is safe with LMFX. Mar 6, 2018 – 5 Stars I have been with LMFX for about 6 months and they are top notch. If I call the US 800# I get a quick response and helpful service. Withdrawals are easy to do within the connect account on-line once you know how to do (a customer service person walked me through the process). I get good fills even in times of fast moving markets. My connect account # is 32501

25/08/2021

Who is LMFX?

LMFX is a broker operated by Global Trade Partners Ltd. and GTP Global Solutions Ltd, incorporated in Saint Vincent and the Grenadines. As an offshore entity, the broker is not regulated by any financial regulator, and therefore carries certain risks that traders should be aware of.

Where are they located?

LMFX server is located in Amsterdam with just latency of just 2.28ms from our VPS.

With any broker, one thing to realize is that where their head office is and where their Metatrader 4 servers are located are two very different places. Majority of Brokers have their servers located in one of three key locations(New York, London, Amsterdam). We have gone through and tested a server in each of locations to find the fastest connection and lowest latency to LMFX. Here are the results:

Amsterdam

2.28 ms

Frankfurt

8.15 ms

London

8.97 ms

New York

80 ms

Who is FX-VPS

FX VPS is a world class Forex VPS provider that provides you with the fastest trade execution, whilst saving you up 60% . Give yourself the edge by using one of our servers. Order one of our FXVPS servers for just $17.99 and see the difference for yourself.