January 2025 – LMFX, a leading online Forex and CFD broker, has launched its highly anticipated Cashback Program, offering traders up to 10% cashback on losses incurred from the previous trading day. Designed to help clients bounce back from their losses, this new initiative aims to provide traders with a unique opportunity to recover some of their losses and continue trading with confidence.
How the LMFX Cashback Program Works
The Cashback Program is available to all eligible traders who experience a net trading loss on any given day. Here’s how the program works:
- Up to 10% cashback on the previous day’s losses
- Automatic enrollment: No need to opt in, eligible accounts are automatically enrolled
- Activate cashback by re-depositing the same amount or more
- Withdrawal and trading eligibility once the required volume is met
To qualify for the cashback offer, traders need to make a re-deposit equal to or greater than the cashback amount on the same day. Once deposited, the cashback will be credited to the trader’s wallet. The amount of cashback is calculated based on losses incurred between 00:00 and 23:59 server time (GMT+2/GMT+3) on the previous trading day.
Volume Requirements and Withdrawal Conditions
To make the cashback funds withdrawable, traders must complete a volume requirement. The volume requirement is 1% of the cashback amount, starting from a minimum of 3 standard lots. For example, a $100 cashback would require the trader to complete a minimum of 3 standard lots. Once the volume requirement is met, the cashback becomes fully withdrawable, and traders can access their funds without restriction.
Key Program Highlights:
- Eligibility: Available to all traders who incur net losses between 00:00 and 23:59 server time on any given day
- Cashback Calculation: Up to 10% of the losses from the previous trading day
- Deposit Requirement: Re-deposit the cashback amount on the same day to activate
- Withdrawal Requirements: Complete the required trading volume to unlock withdrawal
- Unlimited Participation: Traders can continue participating as long as they incur losses on any given day
Important Terms and Conditions
While participation in the Cashback Program does not impact the trader’s payouts or trading experience, there are some important conditions to keep in mind:
- Cashback is credited only after the deposit of the cashback amount
- The cashback amount is based on all live accounts under the client’s profile
- Micro accounts are excluded from cashback calculations
- Traders must meet the volume requirements to be eligible for withdrawals
- LMFX reserves the right to modify or terminate the program at any time
For more details on the terms and conditions of the Cashback Program, visit the LMFX website.
About LMFX
LMFX is a trusted online Forex and CFD broker offering clients access to global financial markets. With a focus on transparency, competitive spreads, and user-friendly trading platforms, LMFX is committed to supporting traders of all experience levels. The broker offers a range of trading tools, educational resources, and innovative services to help traders succeed in the dynamic world of online trading.