FxPro vs LMFX

FxPro vs LMFX Comparison Table 2023
FxPro Review 2023 LMFX Review 2023
4.4
2.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.

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
"FxPro is best for traders looking for wide market access with thousands of instruments and reliable trading platforms, including MT4, MT5 & cTrader." "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
  • No dealing desk (NDD) intervention with fast execution speeds under 13ms
  • Thousands of CFDs across 6 asset classes with a particularly impressive range of indices and precious metals
  • 4 superior trading platforms including MT4, MT5, cTrader and the broker's powerful proprietary solution
  • Comprehensive analysis and trading tools including signals powered by Trading Central and VPS hosting
  • Interactive learning center for beginners with tests, courses, video tutorials and webinars
  • 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 payment methods
  • Relatively high fees on some assets
  • Inactivity fee applied to dormant accounts
  • Limited educational resources for newer traders
  • Unregulated status lowers its safety score
  • No cryptocurrency and Bitcoin trading
  • No support on weekends
Awards
  • BEST BROKER 2021 (UK), Ultimate Fintech Awards
  • BEST FX PROVIDER 2021, Online Personal Wealth Awards
  • BEST TRADING PLATFORM 2020, Investors Chronicle & Financial Times
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Futures Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Trading Platforms
  • MT4
  • MT5
  • cTrader
  • AutoChartist
  • TradingCentral
  • DupliTrade
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, FSCA, SCB, FSC
Margin Trading
Yes Yes
Margin Rate
0.5%
STP Account
Yes No
ECN Account
No No
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
Yes Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures with 24/5 multilingual support. Traders also benefit from low latency datacentre co-location. 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 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) 1:1000
FTSE Spread
1.58 Pts (Ave) 3.0
GBPUSD Spread
2.39 Pips (Ave) 2.5
Oil Spread
0.07 (WTI Ave) 0.7
Stocks Spread
Variable Variable
Forex Trading
Trade 70+ currency pairs with ultra-fast execution speeds and tight spreads from 0.46 pips on EUR/USD. The range of forex assets outranks many rivals. 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.
Forex App

FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores.

GBPUSD Spread
2.39 pips (Ave) 2.3
EURUSD Spread
1.58 pips (Ave) 1.9
EURGBP Spread
1.74 pips (Ave) 2.2
Assets
70+ 48
Currency Indices
  • USD
Cryptocurrency
Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Crypto assets are all traded in pairs with USD and, as derivative products, are not directly traded or owned. Crypto trading not offered
Spread
Variable
Coins
  • BAT
  • BCH
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LNK
  • LTC
  • NEO
  • XLM
  • XMR
  • XRP
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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