|
WINNER
IIFL is the better broker
|
|
 Traders from US accepted |
Traders from US not accepted |
|
IIFL is one of the top Indian brokers offering competitive Demat accounts with low fees. |
LMFX offers online forex and stock trading with low fees and high leverage. |
| Bonus |
| Gift vouchers worth up to ₹5000 |
100% deposit bonus up to $30,000 |
| Instruments |
| Stocks, Futures, Options, Forex |
Forex, CFDs, indices, shares, commodities |
| Demo Account |
| No |
Yes |
| Minimum Deposit |
| 1000 Rs |
$50 |
| Payment Methods |
|
|
| Minimum Trade |
|
0.01 lots |
| Regulator |
| SEBI |
|
| Margin Trading |
| Yes |
Yes |
| MetaTrader 4 |
| No |
Yes |
| MetaTrader 5 |
| No |
No |
| cTrader |
| No |
No |
| AlgoTrader |
| No |
No |
| OmniTrader |
| No |
No |
| TradingView |
| No |
No |
| Autochartist |
| No |
No |
| eSignal |
| No |
No |
| Trading Central |
| No |
No |
| 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 |
| Yes |
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 |
| Yes |
Yes |
| Mobile Apps |
| IIFL Markets & IIFL Mutual Funds |
Yes |
| Auto Trading |
|
Yes (EAs) |
| 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 |
|
|
| Stock Exchanges |
|
|
| Commodities |
|
|
| CFD Trading |
| CFD trading not offered |
CFD trading is available across multiple financial markets. |
| Leverage |
|
1:1000 |
| FTSE Spread |
|
3.0 |
| GBPUSD Spread< |
|
2.5 |
| Oil Spread |
|
0.7 |
| Stocks Spread |
|
Variable |
| Forex Trading |
| IIFL offers forex trading on a range of pairs with the Indian Rupee (INR). |
FX trading is available on a range of currencies with tight spreads. |
| GBPUSD Spread |
| Not offered |
2.3 |
| EURUSD Spread |
| Not offered |
1.9 |
| EURGBP Spread |
| Not offered |
2.2 |
| Assets |
| 20+ |
48 |
|
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| More Comparisons |
IIFL
vs
|
LMFX
vs
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