LMFX vs EagleFX

LMFX vs EagleFX Comparison Table 2023
LMFX Review 2023 EagleFX Review 2023
2.8
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

EagleFX is a forex and CFD broker, established in 2019. The broker uses STP execution on the MT4 platform, offering tight spreads and low commissions. With leverage up to 1:500 and no restrictions on hedging or scalping, EagleFX is an attractive option for global traders.

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." "EagleFX is great for experienced traders looking for raw ECN spreads, high leverage and fast withdrawals. Beginners can also take advantage of the low $10 minimum deposit and round-the-clock support."
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
  • Bitcoin funding
  • 24/7 customer support
  • Same-day withdrawals
  • High leverage up to 1:500
  • Easy sign-up process for beginners
  • Reliable trading platform and app in MT4
  • Full range of investments including cryptos
Cons
  • Limited educational resources for newer traders
  • Unregulated status lowers its safety score
  • No cryptocurrency and Bitcoin trading
  • No support on weekends
  • Weak regulation
  • No copy trading platform
  • No negative balance protection
  • Limited education and market research
Awards
  • FX Broker With Best Withdrawal Options 2020
  • Best ECN/STP Broker 2020
  • Best Forex Broker 2020
Instruments
Forex, CFDs, indices, shares, commodities Forex, CFDs, Indices, Stocks, Commodities, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Trading Platforms
  • MT4
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Margin Trading
Yes Yes
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 No
Mobile Apps
Yes iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
MT4
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
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. Access CFDs spanning several key markets, with tight spreads and reasonable commissions at $6 per round turn. High leverage up to 1:500 is available alongside 24/7 support, plus rapid deposits and withdrawals.
Leverage
1:1000 1:500
FTSE Spread
3.0 0.77
GBPUSD Spread
2.5 1.3
Oil Spread
0.7 0.09
Stocks Spread
Variable 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. Go long or short on over 50 forex pairs from majors to exotics, with spreads as low as 0.1 pips. Traders can analyze the currency markets with market-leading trading software and charts from MetaTrader 4.
GBPUSD Spread
2.3 1.3
EURUSD Spread
1.9 0.7
EURGBP Spread
2.2 1.4
Assets
48 55
Cryptocurrency
Crypto trading not offered A strong range of cryptocurrencies are available with 35+ tokens and weekend trading. You can also make convenient Bitcoin deposits within minutes with no transfer fees.
Spread
Floating
Coins
  • BCH
  • BTC
  • DASH
  • EOS
  • BIT
  • ETP
  • LTC
  • BTC
  • OMG
  • ZEC
  • USDT
  • BCH
  • ETP
  • QTUM
  • XMR
  • DOT
  • ETC
  • IOS
  • NEO
  • SAN
  • ZRX
  • EDO
  • ETH
  • IOT
  • NEO
  • SAN
  • XRP
  • BTG
  • EDO
  • ETH
  • OMG
  • TRX
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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