N1CM vs LMFX

N1CM vs LMFX Comparison Table 2023
N1CM Review 2023	LMFX Review 2023
Review 3.3 N1CM is #13 in our CFD broker rankings.	Review 2.8
Traders from US accepted	Traders from US not accepted See available CFD brokers
N1CM is an offshore forex and CFD broker launched in 2017 and based in Vanuatu. The brand offers highly leveraged trading on nearly 100 instruments via the MetaTrader 4 and MetaTrader 5 platforms. The brokerage also offers a range of account types including a raw spread account with low commission fees, which will appeal to active forex traders.	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
35% Welcome Deposit Bonus	100% deposit bonus up to $30,000
Comment by Reviewer
"N1CM will satisfy forex traders seeking high leverage up to 1:1000 with an offshore broker. The low $5 deposit and Cent account will appeal to beginners in particular. On the negative side, the broker's regulatory status is weak."	"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
Both MetaTrader 4 and MetaTrader 5 platforms Low minimum deposit and withdrawal limits 1:1000 maximum leverage Free educational resources Welcome bonus ECN execution	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
Paper trading only available on verified accounts Not as trustworthy as alternative brokers Wide spreads for the classic account Weak regulatory status No VPS service	Limited educational resources for newer traders Unregulated status lowers its safety score No cryptocurrency and Bitcoin trading No support on weekends
Awards
Best Forex & CFD Trading Platform 2022 Best Customer Service 2021 Best Forex & CFD Trading Platform 2021 Best Forex & CFD Trading Platform 2020 Best Forex Execution 2020 Best Customer Service 2020
Instruments
Forex, Indices, Commodities, Shares, Cryptocurrencies, Metals	Forex, CFDs, indices, shares, commodities
Demo Account
Yes	Yes
Minimum Deposit
$5	$50
Trading Platforms
MT4 MT5	MT4
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Mastercard Perfect Money Sticpay Visa	FasaPay Mastercard Neteller PayRedeem Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
VFSC
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
Yes	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	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Follow the trades of experienced users by acting on signals provided in the MetaTrader platforms. But while actionable signals are useful, other brokers provide more user-friendly and sophisticated copy trading services.
Social Trading
No	No
Trade Signals
MT4 & MT5
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
USD	USD EUR
Stock Exchanges
Australian Securities Exchange DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index FTSE UK Index Nasdaq New York Stock Exchange
Commodities
Copper Gold Natural Gas Oil Palladium Platinum Silver	Coffee Copper Gold Palladium Platinum Silver Sugar
CFD Trading
Trade CFDs on forex, stocks, commodities, indices and cryptos with leverage ranging from 1:25 to 1:1000. The average 211ms execution speeds are not as fast as our top-rated options, but the broker does provide deep liquidity and features such as negative balance protection.	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
1:1000	1:1000
FTSE Spread
From 0.5 pips	3.0
GBPUSD Spread
From 0.5 pips	2.5
Oil Spread
From 0.5 pips	0.7
Stocks Spread
From 0.5 pips	Variable
Forex Trading
Trade 50 major, minor and exotic forex pairs including EUR/GBP and USD/JPY. While not the widest selection of currencies, forex traders benefit from tighter-than-average floating spreads from 0.3 pips.	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.
GBPUSD Spread
1.1 average	2.3
EURUSD Spread
0.9 average	1.9
EURGBP Spread
1.1 average	2.2
Assets
50+	48
Cryptocurrency
Trade leveraged CFDs on BTC, BCH, ETH, XRP and LTC in pairs with USD. The small selection does not offer much to traders who favor crypto, but there is enough for traders to dip into the sector's volatility.	Crypto trading not offered
Spread
Variable
Coins
BTC BCH ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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