freetrade vs lmfx, Who's Better?
Read our In-Depth freetrade vs lmfx Review - for 2025
Our comprehensive analysis of freetrade and lmfx has been refreshed for 2025 by knowledgeable insiders with considerable expertise in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs lmfx does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
lmfx Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs lmfx
Every trading platforms has a few pros and cons, so any comprehensive freetrade and lmfx review should not be complete without embracing a balanced approach.
Assess lmfx and freetrade to understand how these platforms compare to each other before you make an account. Performing a side-by-side comparison can put things into perspective in order that you remain cognizant of what you should anticipate.
So you are looking for an online trading platform and are choosing between freetrade or lmfx. Who should you choose?
This freetrade vs lmfx comparison contains the most recent information so you can easily compare lmfx against freetrade.
If you're a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will get proficient at all the concepts of brokerage as you continue trading. For starters, you have to choose the right broker who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. freetrade and lmfx are two such stages which will take you and your investment into great heights. It's important to compare freetrade vs lmfx before you trust them with your money.
Our freetrade vs lmfx comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and lmfx side by side.
Our full freetrade vs lmfx Review covers all you need to learn about trading using either freetrade or lmfx. A fantastic broker can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investment goals.
There is no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
freetrade and lmfx are both brokers which have forged their way successfully to the broker world. Within this review, we've tried to collate a number of the important facets of both freetrade and lmfx. This review will help you to understand whether either lmfx or freetrade is a fantastic match for your own investments or not. We've tried to breakdown all the features and charges for your advantage.
Benefits of freetrade and lmfx Compared
freetrade offers a minimum deposit of $0 while lmfx offers a $250 minimum deposit.
Why smaller minimum deposits are good and how freetrade and lmfx compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
freetrade has around 115 financial instruments whilst lmfx has around 115 financial instruments available.
The more instruments you can trade on the freetrade and lmfx trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of freetrade or lmfx.
freetrade and lmfx Contact Details
Being able to contact your broker easily is vital. freetrade and lmfx have the following contact details and social medias that you can use.
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Broker | freetrade | lmfx |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | lmfx Twitter Account | |
freetrade Facebook Page | lmfx Facebook Page | |
freetrade Instagram Account | lmfx Instagram Account | |
freetrade LinkedIn Page | lmfx LinkedIn Page | |
YouTube | freetrade YouTube Channel | lmfx YouTube Channel |
Find Out More |
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lmfx and freetrade Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of freetrade and lmfx we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
freetrade vs lmfx - Awards
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Broker | freetrade | lmfx |
Awards |
freetrade have won several industry awards over the years they have been running as an online broker. We list the most notable awards for freetrade here.
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At the time of writing this lmfx review, and despite lmfx’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs lmfx - Frequently Asked Questions
freetrade vs lmfx - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
lmfx was founded in 2016 and has its head office in Anguilla.
What is the minimum deposit for lmfx or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for lmfx is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and lmfx are a good choice.
freetrade vs lmfx - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
lmfx is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F271.
Both freetrade and lmfx have a powerful collection of rules for ensuring honest trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare freetrade vs lmfx Commission And Fees
freetrade and lmfx are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. In other words, an online broker is not necessarily affected by the number of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of penalties for this purpose.
The first sort of charges to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In these instances, you are paying a spread, financing speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people that are billed when you hold a leveraged position for longer than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing money, not trading for long periods, or withdrawals.
Generally, neither freetrade or lmfx charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by freetrade and lmfx are comparatively lower. Consequently, you're charged more for non-trading actions on your trading account, like deposits and withdrawal. These are not related to the sale and purchase of resources.
This freetrade vs lmfx review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And lmfx
What Languages Do freetrade And lmfx Support?
Being able to talk completely with your trading platform is a key part of comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading online.
Below you will find the languages that both freetrade and lmfx offer communication in.
How Many Clients Do freetrade and lmfx Have?
Both freetrade and lmfx are well established with their client base. It is really important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users freetrade and lmfx are active on their platform
What Payment Methods Do freetrade and lmfx Accept?
freetrade and lmfx both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at freetrade and lmfx
What Can You Trade With freetrade and lmfx?
freetrade offers 115 trading instruments and lmfx offers 154.
Below you will find a full breakdown of what both freetrade and lmfx offer.
freetrade Review
freetrade vs lmfx:
Table Of Contents
- Compare freetrade vs lmfx
- Benefits of freetrade and lmfx Compared
- lmfx and freetrade Mobile App Comparison
- freetrade vs lmfx - Awards
- freetrade vs lmfx - Frequently Asked Questions
- What is the minimum deposit for lmfx or freetrade
- freetrade vs lmfx - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And lmfx
- What Languages Do freetrade And lmfx Support?
- How Many Clients Do freetrade and lmfx Have?
- What Payment Methods Do freetrade and lmfx Accept?
- What Can You Trade With freetrade and lmfx?