Note: Londonfx has ceased to provide trading services. The broker is out of business.
London FX has been operating since early 2008 and is working as ECN liquidity pool with spreads form 0 pips with fast execution and reliable trading platform. Being a regulated broker, it is required to submit financial reports to FCA and follow the long list of regulation requirements.
With London FX the clients’ funds are kept in segregated accounts and cannot be mixed up with the company’s money in any way at any given time. In the event where the broker is in a financial trouble, the clients are guaranteed up to 50,000 pounds in compensation.
The broker offers 55 forex pairs, 11 equity indices, 8 commodity CFDs and 4 Metals. Maximum leverage is 100:1, which is quite low compared to other forex brokers reviewed in the market. The lowest pips on EUR/USD, however, is 0.1.
LondonFX brings you one of the most trusted platforms in the industry MetaTrade 4 to ensure the best trading environment to the clients. MT4 is equipped with access to different financial markets, mobile trading, automated solutions and outstanding security. MT4 helps you to monitor and analyses the market second by second and offers many EA to choose from to make your trading more efficient.
MetaTrader 4 interface is relatively easy to understand, allows easy navigation and brings wide range of financial products and features. 50 built-in indicators can be used to logically enter and exit the positions.
LondonFX offers Skrill, credit/debit cards and bank transfer deposits and withdrawals. Minimum deposit requirement is $1,000 and there are charges for deposits and withdrawals starting from 2.2% + $0.15 per transaction.
The representatives can be reached via email and phone and live support via broker's website. The supported languages are English, Russian, Bulgarian, Arabic and German.