ETX Capital vs LMFX

ETX Capital vs LMFX Comparison Table 2024
ETX Capital LMFX
ETX Capital has closed.
2.8

ETX Capital were a London-based, FCA regulated broker offering tight spreads across a wide range of markets.

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 bonus up to $30,000
Comment by Reviewer
"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
  • 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
  • Limited educational resources for newer traders
  • Unregulated status lowers its safety score
  • No cryptocurrency and Bitcoin trading
  • No support on weekends
Instruments
CFDs, Forex, Stocks, Cryptos Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
£250 $50
Trading Platforms
  • MT4
  • MT4
Payment Methods
Minimum Trade
£1 0.01 Lots
Regulator
FCA
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS and Android Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
VPS Hosting
No 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
  • EUR
Stock Exchanges
Commodities
CFD Trading
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
1:30 1:1000
FTSE Spread
1 pt 3.0
GBPUSD Spread
0.9 2.5
Oil Spread
0.06 pips 0.7
Stocks Spread
From 0.5% Variable
Forex Trading
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
0.9 2.3
EURUSD Spread
0.6 1.9
EURGBP Spread
0.9 2.2
Assets
65+ 48
Cryptocurrency
Trade 5 cryptocurrencies, and BTC against USD, GBP or EUR. Margin is tiered from 50% Crypto trading not offered
Spread
BTC Market Spread + 10, ETH Market spread + 8
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
ETX Capital has closed.
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