Learn more about LMFX. Best LMFX Alternatives for 2021

The most in depth guide to LMFX Alternatives on the Internet.

What LMFX Does Not Offer and Alternatives For Each

There are many reasons LMFX may not be a good fit for your trading needs. For whatever reason you are looking for a better LMFX alternative or LMFX competitor with similar services. We try to give you as much useful information so you can find what it is you need. We show the best LMFX alternatives below.

For each of these LMFX alternatives, we also highlight the key differences and resemblances with LMFX. For every LMFX alternative trading platform we list we also have detailed trading platform reviews and guides elsewhere on this website, all based on real experiences trading on live LMFX and other brokerage accounts. If you are not happy with LMFX, let us show you some great alternative brokerages.

Having a reputable and dependable broker is crucial to your trading success. All of the alternative brokers we list below have good reputations and match what you are looking for.

We have listed some reasons why LMFX may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.

LMFX Alternatives

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LMFX Summary

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LMFX Tradable Financial Assets

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LMFX Trading Account Features

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LMFX Risk Management Features

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LMFX Fees

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LMFX Regulation

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LMFX Desktop Computer and Mobile Device Support

Below is an extensive list of the best alternatives to LMFX based on our unique 256 point criteria.

Top alternative for LMFX is eToro

eToro is the best alternative broker to LMFX. eToro has been in operation for over 12 years.

eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

If LMFX or eToro are not what you are looking for try IC Markets.

With LMFX, Your capital is at risk

With eToro, Losses can exceed deposits

With IC Markets, 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

Here are some of the key reasons why traders choose eToro and IC Markets over LMFX

  eToro IC Markets XTB
Brokerage Rating (4/5) (4/5) (4/5)
Regulator Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Min Deposit 200 200 0
Min Trade $25 0.01 Lot 0.01 Lot
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Risk Warning 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  Visit eToro Visit IC Markets Visit XTB

If you want to read more about eToro, we have put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.

If eToro does not match your criteria, have a look at the 10 best LMFX alternatives below.

Best LMFX Alternatives for 2021