lmfx Alternatives: How It Compares for 2025
This alternatives to lmfx guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to lmfx to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to lmfx like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their users. If you feel that lmfx is not quite right for you then it would be worth getting a virtual account with a range of the best lmfx alternatives and check if they are a better fit for you before moving any money around.
The most detailed review of lmfx alternatives on the web
There are a lot of reasons lmfx may not be a good fit for your trading needs. Whatever reason you are hunting for a better lmfx alternative or lmfx competitor with better services, comparebrokers.org try to give you as much useful information so you can make an informed decision. Below you will discover the most popular lmfx alternatives.
For each of the alternative to lmfx, we also highlight the key differences to lmfx and for each section show you the best competitors. For each lmfx alternative online broker shown we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with lmfx, discover some great alternative brokeragesbrokers|online trading platforms|brokerages.
Having a reputable and dependable online broker is crucial to having a successful trading career. All of the lmfx alternative brokers shown in this lmfx alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
lmfx has a minimum desposit of $250, you can check how the minimum deposit requirements of lmfx compare with the minimum deposits of lmfx competitors. Online brokers often have lower minimum deposits to get traders to test them out, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
lmfx |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Virtual Portfolio Accounts
lmfx offers virtual portfolio accounts so you can learn their systems before risking any real money. Inexperienced traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we detail some of the best alternatives to lmfx that offer virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
lmfx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
lmfx offers negative balance protection. It's specially offered while the market volatility keeps customers from allowing their account go into the red. In such a scenario, lmfx provides the ability to reset a customers account balance to zero.
You are able to go through the critical terms and conditions on lmfx's site to comprehend their policies.
Below we detail some of the best alternatives to lmfx that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
lmfx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
lmfx regrettably, does not offer guaranteed stop loss. lmfx provides a chance to its dealers to close their trades at their given price. Aside from this, lmfx does not provide guaranteed stop loss.
Below we list some of the best lmfx alternatives that have guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
lmfx |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
lmfx do allow scalping. Several traders across the world choose lmfx for their services that are trading. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which allow this.
Below we list some of the best alternatives to lmfx that allow scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
lmfx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
lmfx do permit hedging. Several traders around the world select lmfx for their hedging services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Below we show some of the best alternatives to lmfx that allow hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
lmfx |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Regretably, lmfx does not offer social trading.
Below we list some of the best lmfx alternatives that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
lmfx |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, lmfx does not offer copy trading.
Below we show some of the top lmfx alternatives that allow copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
lmfx |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare lmfx To All Other Brokers