Compare FreshForex vs LMFX
What is FreshForex? What is LMFX ?
FreshForex is a brand that provides access to online trading for clients from more than 200 countries all over the world. It has been operating since 2004 and offers various account types, bonuses, trading platforms and analytical tools.
LMFX is a broker that offers trading on over 250 financial instruments with high leverage, low spreads and fast execution. It has been operating since 2015 and offers various account types, bonuses, trading platforms and partnership programs.
FreshForex vs LMFX Regulation Comparison
FreshForex is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines under the number 20623 IBC 2012.
LMFX is not regulated by any authority, but claims to follow the best industry practices and standards.
| Broker | Regulation |
|---|---|
| FreshForex | FSA of St. Vincent and the Grenadines |
| LMFX | None |
FreshForex vs LMFX Trading Assets Comparison
FreshForex offers trading on over 130 instruments, including forex, metals, indices, stocks, cryptocurrencies and energies.
LMFX offers trading on over 250 instruments, including forex, metals, indices, stocks, commodities and cryptocurrencies.
| Broker | Instruments |
|---|---|
| FreshForex | Over 130 |
| LMFX | Over 250 |
FreshForex vs LMFX Trading Fees Comparison
FreshForex charges no commission on deposits or withdrawals, and offers spreads from 0 pips on its ECN account. It also offers a drawdown bonus of 101%, a cashback of up to $20 per lot and a no deposit bonus of $2021.
LMFX charges no commission on deposits or withdrawals, and offers spreads from 0.2 pips on its Premium account. It also offers a credit bonus of 100%, a recovery bonus of 15% and a loyalty program.
FreshForex vs LMFX Account Types Comparison
FreshForex offers three account types: Classic, Market Pro and ECN. The minimum deposit is $1 for Classic and Market Pro, and $200 for ECN. The maximum leverage is 1:2000 for Classic and Market Pro, and 1:1000 for ECN.
LMFX offers three account types: Premium, Fixed and Zero. The minimum deposit is $50 for Premium and Fixed, and $100 for Zero. The maximum leverage is 1:1000 for all accounts.
FreshForex vs LMFX Deposit Options Comparison
FreshForex supports various deposit and withdrawal methods, including bank cards, e-wallets, cryptocurrencies and local payment systems. The processing time is instant for most methods.
LMFX supports various deposit and withdrawal methods, including bank cards, e-wallets, cryptocurrencies and wire transfers. The processing time varies from instant to several days depending on the method.
FreshForex vs LMFX Trading Platforms Comparison
| Broker | Trading Platforms | Analytical Tools |
|---|---|---|
| FreshForex | MetaTrader 4 | Market news, forecasts, statistics |
| LMFX | MetaTrader 4 | Economic calendar, trading calculators, market analysis |
FreshForex vs LMFX Analytical Tools Comparison
| Broker | Analytical Tools |
|---|---|
| FreshForex | Market news, forecasts, statistics, indicators, signals, Fresh Forecast |
| LMFX | Economic calendar, trading calculators, one click trading, VPS hosting, daily market analysis |
FreshForex vs LMFX . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on many factors, such as your trading style, goals, preferences and risk appetite. You should compare the features and benefits of each broker and decide which broker suits you best. You can also read some reviews and ratings from other traders to get their opinions and experiences. However, you should always be careful and critical when reading online reviews as they can be unbiased or unreliable. Ultimately, the best forex broker for you is the one that meets your needs and expectations.
