Coinexx vs LMFX

Coinexx vs LMFX Comparison Table 2024
Coinexx	LMFX
Review 2.5	Review 2.8

Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.	LMFX is an offshore CFD and forex broker with flexible account options that support trading with fixed or floating spreads, including a raw spread account with super tight pricing. The assets on offer include forex, stocks, indices and commodities, and very high leverage up to 1:1000 is available. The broker is based in Macedonia and was established in 2017.
Bonus Offer
100% Deposit Welcome Bonus	100% deposit bonus up to $30,000
Comment by Reviewer
"Traders seeking highly leveraged CFDs with a broker that uses crypto as a base account currency will find a good match in Coinexx. The ECN model also offer tight spreads from 0 pips. On the downside, traders should note the weak regulatory oversight."	"Experienced traders who want highly leveraged CFDs and a choice between fixed and floating spreads should consider LMFX. On the downside, new clients should note the weak regulatory oversight."
Pros
ECN execution model with tight spreads from 0 pips Demo account available to prospective traders Full range of investments including cryptos MetaTrader 4 and MetaTrader 5 integration 100% deposit bonus for new clients Very high leverage up to 1:500 Free VPS for active traders	Excellent, flexible pricing options with raw and fixed spreads available Personal account manager available with Premium and Fixed accounts High leverage up to 1:1000, 1:400 or 1:250 depending on the account The world-leading MetaTrader 4 platform and app is available VPS will cater to automated trading strategies Bonuses, contests and awards Zero deposit fees
Cons
No fiat account funding options - crypto only Limited educational materials for new traders No copy trading service for aspiring investors No regulatory oversight reduces safety	Limited educational resources for newer traders Unregulated status lowers its safety score No cryptocurrency and Bitcoin trading No support on weekends
Instruments
Forex, Commodities, Indices, Cryptocurrencies	Forex, CFDs, indices, shares, commodities
Demo Account
Yes	Yes
Minimum Deposit
0.001 BTC	$50
Trading Platforms
MT4 MT5	MT4
Payment Methods
Bitcoin Payments Ethereum Payments	FasaPay Mastercard Neteller PayRedeem Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
MetaTrader
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
USD	USD EUR
Stock Exchanges
DAX GER 40 Index Dow Jones FTSE UK Index Hong Kong Stock Exchange S&P 500	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index FTSE UK Index Nasdaq New York Stock Exchange
Commodities
Gold Natural Gas Oil Silver	Coffee Copper Gold Palladium Platinum Silver Sugar
CFD Trading
Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on day trading strategies.	Trade CFDs on forex, stocks, indices, commodities, metals and oil. Variable leverage is available depending on the account type up to a maximum of 1:1000, and traders can take part in various promotions.
Leverage
1:500	1:1000
FTSE Spread
From 0.0 pips	3.0
GBPUSD Spread
From 0.0 pips	2.5
Oil Spread
From 0.0 pips	0.7
Stocks Spread
NA	Variable
Forex Trading
Trade 70 major, minor and exotic forex pairs with ultra-low ECN spreads and fast execution via the MT4 or MT5 platforms. There are also zero SL/TP limits and automated forex trading is well catered for.	Trade 46 major, minor and exotic pairs via CFDs with tight spreads, low latency and VPS support for automated trading strategies. This will appeal to active forex day traders in particular.
GBPUSD Spread
From 0.0 pips	2.3
EURUSD Spread
From 0.0 pips	1.9
EURGBP Spread
From 0.0 pips	2.2
Assets
60+	48
Cryptocurrency
Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.	Crypto trading not offered
Spread
From 0.0 pips
Coins
BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
Coinexx vs	LMFX vs