LMFX vs M1 Finance

LMFX vs M1 Finance Comparison Table 2022
LMFX M1 Finance
Not Yet Rated
United States Flag Traders from US not accepted
3.9
United States Flag Traders from US accepted
LMFX offers online forex and stock trading with low fees and high leverage. M1 Finance offers customizable and automated trading services for US investors.
Awards
Best Roth IRA Accounts - 2020
Bonus
100% deposit bonus up to $30,000 M1 Finance Plus free for 3 months on new accounts
Instruments
Forex, CFDs, indices, shares, commodities Stocks, ETFs, OTC stocks
Demo Account
Yes Yes
Minimum Deposit
$50 $100 ($500 for IRA)
Payment Methods
FasaPay, Mastercard, Neteller, Skrill, Visa, Wire Transfer Cheque, Wire Transfer
Minimum Trade
0.01 lots $1
Regulator
FINRA, SEC
Margin Trading
Yes Yes
Margin Rate
3.5 - 5%
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
- 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
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
Yes Yes
Auto Trading
Yes (EAs) Yes
Trade Signals
- -
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR USD
Stock Exchanges
Australian Securities Exchange, CAC 40 Index France, DAX GER 40 Index, FTSE UK Index, Nasdaq, New York Stock Exchange Dow Jones, Nasdaq, New York Stock Exchange
CFD
CFD trading is available across multiple financial markets. CFD trading not offered
Leverage
1:1000
FTSE Spread
3.0
GBPUSD Spread
2.5
Oil Spread
0.7
Stocks Spread
Variable
Forex
FX trading is available on a range of currencies with tight spreads. Forex trading not offered
GBPUSD Spread
2.3
EURUSD Spread
1.9
EURGBP Spread
2.2
Assets
48
Cryptocurrency
Crypto trading not offered Build custom crypto portfolios and select from the broker's expert pies.
Spread
Variable
Coins
BTC, ADA, AVE, ETH, LINK, ALDO, BAT, ATOM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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