LMFX vs Axiory
LMFX Review 2023 | Axiory Review 2023 |
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2.8
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3.6
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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. |
Axiory is a regulated forex and CFD broker offering tight spreads and leveraged trading on industry-leading platforms. Traders can also view useful market commentary while the training academy can upskill aspiring investors. |
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." | "Axiory is a good fit for beginners with a low deposit, unlimited demo account, high-quality education and access to popular financial markets." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities | Forex, CFD indices, commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
IFSC Belize | |
Margin Trading | |
Yes | No |
STP Account | |
No | Yes |
ECN Account | |
No | Yes |
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 | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
Axiory offers social trading through its CopyTrade application. The mobile solution connects aspiring traders with established investors alongside competitive fees. | |
Social Trading | |
No | Yes |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
Yes | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | Yes |
Account Currencies | |
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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. | CFD trading is available on forex, a wide range of stocks, indices, energies and metals with floating spreads and variable leverage by instrument. Axiory's CFDs come with competitive pricing and no hidden fees. |
Leverage | |
1:1000 | 1:777 |
FTSE Spread | |
3.0 | 1.2 |
GBPUSD Spread | |
2.5 | 0.5 |
Oil Spread | |
0.7 | 0.05 |
Stocks Spread | |
Variable | N/A |
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. | Trade more than 60 major, minor and exotic pairs with flexible platform options and high leverage up to 1:777, plus tight spreads from near zero on an ECN model. |
GBPUSD Spread | |
2.3 | 0.5 pips |
EURUSD Spread | |
1.9 | 0.2 pips |
EURGBP Spread | |
2.2 | 0.7 pips |
Assets | |
48 | 60+ |
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