LMFX Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If LMFX does not match your requirements we explain the top LMFX alternatives and LMFX competitors in this guide.
The best alternative for LMFX is IC Markets or Roboforex.
When searching for a LMFX alternative, there are a few things you need to check. The LMFX trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top LMFX alternatives and competitors feature by feature further below this LMFX alternatives guide.
If you are looking for a trading platform that offers similar features to LMFX or LMFX. Or if you are looking for features that LMFX does not offer that you require when trading, we will show you the best LMFX alternative options below.
We highlight the pros and cons of each LMFX alternative. Maybe you are looking for better customer service from a LMFX alternative or more competitive LMFX fees and more financial instruments to trade.
We have listed some reasons why LMFX may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- LMFX does not allow hedging (See brokers for Hedging here)
- LMFX does not offer Guaranteed Stop Loss (See LMFX alternatives who offer Guaranteed Stop Loss here)
- MT5 is not offered by LMFX (find LMFX alternatives that offer the MT5 trading platform here)
- cTrader is not offered by LMFX (find LMFX alternatives offering the cTrader trading platform here)
- LMFX does not offer Micro accounts (Check here for LMFX alternatives offering micro accounts)
- LMFX does not offer VIP accounts (Check here for LMFX alternatives offering VIP accounts)
- LMFX does not offer Islamic accounts (Check here for LMFX alternatives offering Islamic accounts)
- LMFX have inactivity fees (See LMFX alternatives who don’t have inactivity fees here)
Top LMFX Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | MT4, PC, MAC, Linux, Web Trader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 250 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 5 | 200 | 10 |
| 👱♂️ Used By | 80,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Live Markets LLC (Live Markets LLC) (T2023402) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | Macedonia | Australia | Belize |
| 🚫 Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature LMFX alternative comparison, you can scroll further down here.
