Company Profile
| 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 and Cons
| Pros | Cons |
| Demo accounts available | No regulation |
| A wide range of products | No 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.
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 | ❌ |
Account Type
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 |
Leverage
The maximum leverage is 1:200. Note that leverage can camplify both profits and losses.
Spreads and Commissions
| 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
| Trading Platform | Supported | Available Devices | Suitable for |
| cTrader | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
