• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Problem LMFX, The first broker to limit trades

I am having an issue with a company

zerotolambor

Recruit
Messages
2
I am a long time trader, have traded in many different exchanges. About 2 years ago, I trust and trade at LMFX broker, recently my account can't place orders or close orders when I have profit or when I have loss, my time is limited. about 1 hour. In other traders, it's usually only when there's big news that I get this situation for a few tens of seconds to a minute. But lately, I've been limited for more than 1 hour, which leads to days where I lose a lot. Have you guys encountered the same situation with other brokers.
 
I had the same problem as you at LMFX and got an unconvincing email response. Pls see the pictures below

1672922770684.png



1672922721204.png
 
I am a long time trader, have traded in many different exchanges. About 2 years ago, I trust and trade at LMFX broker, recently my account can't place orders or close orders when I have profit or when I have loss, my time is limited. about 1 hour. In other traders, it's usually only when there's big news that I get this situation for a few tens of seconds to a minute. But lately, I've been limited for more than 1 hour, which leads to days where I lose a lot. Have you guys encountered the same situation with other brokers.
Is there any official reply on this yet?
 
I am a long time trader, have traded in many different exchanges. About 2 years ago, I trust and trade at LMFX broker, recently my account can't place orders or close orders when I have profit or when I have loss, my time is limited. about 1 hour. In other traders, it's usually only when there's big news that I get this situation for a few tens of seconds to a minute. But lately, I've been limited for more than 1 hour, which leads to days where I lose a lot. Have you guys encountered the same situation with other brokers.
I had the same problem as you at LMFX and got an unconvincing email response. Pls see the pictures below

View attachment 81764


View attachment 81763
That is a fancy way of telling you that they are manipulating the market.
 
Back
Top