Compare LMFX vs ActivTrades
What is LMFX? What is ActivTrades?
LMFX is an online broker that offers forex, commodities, shares, metals and more trading services. It is registered in the Commonwealth of the Bahamas and regulated by The Securities Commission of the Bahamas.
ActivTrades is an online broker that offers forex and CFD trading services. It is registered in England and Wales and regulated by the Financial Conduct Authority (FCA) in the UK.
LMFX vs ActivTrades Regulation Comparison
LMFX is regulated by The Securities Commission of the Bahamas, which is a relatively low-tier regulator that does not provide much protection for traders. LMFX does not offer negative balance protection, investor compensation scheme, or segregated client funds.
ActivTrades is regulated by the FCA, which is a high-tier regulator that imposes strict rules and standards for brokers. ActivTrades offers negative balance protection, Financial Services Compensation Scheme (FSCS) up to £85,000, and segregated client funds.
LMFX vs ActivTrades Trading Assets Comparison
LMFX offers over 250 trading instruments, including 47 currency pairs, 4 metals, 4 energies, 8 indices, and 183 stocks.
ActivTrades offers over 500 trading instruments, including 50 currency pairs, 5 metals, 3 energies, 17 indices, 450 stocks, 5 bonds, and 5 ETFs.
LMFX vs ActivTrades Trading Fees Comparison
LMFX charges variable spreads and commissions depending on the account type. The average spread for EUR/USD is 0.2 pips on Premium account, 1.2 pips on Fixed account, and 0.0 pips plus $4 per lot commission on Zero account.
ActivTrades charges variable spreads and no commissions on all account types. The average spread for EUR/USD is 0.7 pips on Classic account and 0.5 pips on Advantage account.
LMFX vs ActivTrades Account Types Comparison
LMFX offers three account types: Premium, Fixed, and Zero. The minimum deposit is $50 for Premium and Fixed accounts, and $100 for Zero account. The maximum leverage is 1:1000 for all accounts.
ActivTrades offers two account types: Classic and Advantage. The minimum deposit is $100 for both accounts. The maximum leverage is 1:30 for retail clients and up to 1:400 for professional clients.
LMFX vs ActivTrades Deposit Options Comparison
LMFX offers various deposit and withdrawal options, such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, VLoad, Bitcoin, Litecoin, Ethereum, Ripple and USDT. There are no fees on deposits or withdrawals.
ActivTrades offers limited deposit and withdrawal options, such as bank wire transfer, credit/debit cards, Skrill, Neteller and Sofort. There are no fees on deposits or withdrawals.
LMFX vs ActivTrades Trading Platforms Comparison
LMFX offers MetaTrader 4 (MT4) as its main trading platform. MT4 is available on desktop, web and mobile devices. It supports multiple order types, charting tools, indicators, expert advisors and automated trading.
ActivTrades offers MetaTrader 4 (MT4), MetaTrader 5 (MT5) and ActivTrader as its trading platforms. MT4 and MT5 are available on desktop, web and mobile devices. They support multiple order types, charting tools, indicators, expert advisors and automated trading. ActivTrader is a proprietary web-based platform that offers a user-friendly interface, advanced order types, smart tools and indicators.
LMFX vs ActivTrades Analytical Tools Comparison
LMFX offers some analytical tools for traders, such as economic calendar, trading calculators, VPS hosting and daily market analysis.
ActivTrades offers more analytical tools for traders, such as economic calendar, trading calculators, VPS hosting, daily market analysis, Smart Tools (a suite of add-ons for MT4/MT5), Autochartist (a market scanner tool), Trading Central (a technical analysis tool) and Molanis (a strategy builder tool).
LMFX vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences and trading goals. However, here are some general suggestions:
- If you are looking for a broker that is regulated by a reputable authority and offers more protection for your funds, you may prefer ActivTrades over LMFX. ActivTrades is regulated by the FCA in the UK, which is a high-tier regulator that imposes strict rules and standards for brokers. ActivTrades also offers negative balance protection, FSCS up to £85,000, and segregated client funds.
- If you are looking for a broker that offers more trading instruments and options, you may prefer ActivTrades over LMFX. ActivTrades offers over 500 trading instruments, including 50 currency pairs, 5 metals, 3 energies, 17 indices, 450 stocks, 5 bonds, and 5 ETFs. ActivTrades also offers two account types with variable spreads and no commissions, and a maximum leverage of up to 1:400 for professional clients.
- If you are looking for a broker that offers more trading platforms and analytical tools, you may prefer ActivTrades over LMFX. ActivTrades offers MetaTrader 4 (MT4), MetaTrader 5 (MT5) and ActivTrader as its trading platforms. ActivTrader is a proprietary web-based platform that offers a user-friendly interface, advanced order types, smart tools and indicators. ActivTrades also offers Smart Tools (a suite of add-ons for MT4/MT5), Autochartist (a market scanner tool), Trading Central (a technical analysis tool) and Molanis (a strategy builder tool).
- If you are looking for a broker that offers lower spreads and commissions, you may prefer LMFX over ActivTrades. LMFX offers three account types with variable spreads and commissions depending on your trading style. The average spread for EUR/USD is 0.2 pips on Premium account, 1.2 pips on Fixed account, and 0.0 pips plus $4 per lot commission on Zero account. LMFX also offers a maximum leverage of 1:1000 for all accounts.
- If you are looking for a broker that offers more deposit and withdrawal options, you may prefer LMFX over ActivTrades. LMFX offers various deposit and withdrawal options, such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, VLoad, Bitcoin, Litecoin, Ethereum, Ripple and USDT. There are no fees on deposits or withdrawals.
