Compare LMFX vs Forexee
What is LMFX? What is Forexee?
LMFX is an online forex broker that offers trading services in various financial instruments, such as forex, commodities, shares, metals and more. LMFX was established in 2015 and is headquartered in Macedonia.
Forexee is an online forex broker that offers trading services in various financial instruments, such as forex, CFDs, crypto, stocks, indices and more. Forexee was established in 2004 and is headquartered in Estonia
LMFX vs Forexee Regulation Comparison
LMFX is not regulated by any financial authority. Forexee is regulated by the Financial Intelligence Unit (FIU) of Estonia under the license number FFA000133
LMFX vs Forexee Trading Assets Comparison
LMFX offers over 250 financial instruments to trade with, including 47 currency pairs, 4 metals, 2 energies and 14 indices. Forexee offers over 200 financial instruments to trade with, including 49 currency pairs, 13 metals, 4 energies, 10 indices and 12 cryptocurrencies
LMFX vs Forexee Trading Fees Comparison
LMFX charges variable spreads and commissions on its trading accounts. The average spread for the EUR/USD pair is 0.2 pips on the Zero account, which has a commission of $8 per lot round turn.
Forexee charges variable spreads and commissions on its trading accounts. The average spread for the EUR/USD pair is 0.1 pips on the ECN account, which has a commission of $1.8 per lot round turn.
LMFX vs Forexee Account Types Comparison
LMFX offers three types of trading accounts: Premium, Fixed and Zero. The minimum deposit for each account is $50. The maximum leverage for each account is 1:1000.
Forexee offers four types of trading accounts: STP, ECN Basic, ECN Advanced and Crypto. The minimum deposit for each account is $50, except for the Crypto account which requires $10. The maximum leverage for each account is 1:500, except for the Crypto account which has no leverage.
LMFX vs Forexee Deposit Options Comparison
LMFX offers various deposit and withdrawal options, such as credit/debit cards, wire transfer, Skrill, Neteller and FasaPay. The withdrawal fee varies depending on the method, but it is usually $10 or equivalent.
Forexee offers various deposit and withdrawal options, such as credit/debit cards, wire transfer, PayPal, Neteller, Skrill, Bitcoin and SOFORT. The withdrawal fee varies depending on the method, but it is usually 0% or equivalent.
LMFX vs Forexee Trading Platforms Comparison
LMFX supports the MetaTrader 4 trading platform for desktop and mobile devices. The platform offers one-click trading, trailing stop, pending orders and various analytical tools.
Forexee supports the MetaTrader 4 trading platform for desktop and mobile devices. The platform offers one-click trading, pending orders and various analytical tools.
LMFX vs Forexee Analytical Tools Comparison
LMFX provides its clients with various analytical tools, such as economic calendar, market news, trading calculators and VPS hosting. Forexee provides its clients with various analytical tools, such as economic calendar, market news and VPS hosting
LMFX vs Forexee. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on various factors, such as your trading style, preferences, goals and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may suit different traders. Both LMFX and Forexee are online forex brokers that offer similar services in terms of trading assets, account types, deposit and withdrawal options and trading platforms. However, there are also some differences between them in terms of regulation, trading fees and cryptocurrency trading. You should weigh the pros and cons of each broker carefully before choosing one that suits you best. You should also do your own research and due diligence on the brokers and their services before opening an account and trading with them.
