B

Evans and Partners

6/10

lmfx

7.6/10
5/10RegulationWinner10/10
0/10FeesWinner1/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while lmfx was established in 2016 and is based in Anguilla. Evans and Partners holds licences including Unregulated, while lmfx is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; lmfx has 10,000+. The minimum deposit is $500 at Evans and Partners and $250 at lmfx.

lmfx wins this category
FeatureEvans and Partnerslmfx
Min. Deposit$500$250
RegulationUnregulatedFinancial 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
Founded20122016
CountryUSAAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and lmfx, directly affecting your bottom line as a trader. lmfx has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; lmfx does not. Overall, lmfx scores higher on fees in our assessment.

lmfx wins this category
FeatureEvans and Partnerslmfx
Min. Deposit$500$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Evans and Partners offers MT4, MT5, cTrader, while lmfx supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Evans and Partners edges ahead on platform breadth and functionality in our scoring.

Evans and Partners wins this category
FeatureEvans and Partnerslmfx
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and lmfx compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Evans and Partners scores higher overall in education and research.

Evans and Partners wins this category
FeatureEvans and Partnerslmfx
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while lmfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). lmfx uniquely supports PayPal and Skrill and Neteller among the two brokers. lmfx scores higher on deposit and withdrawal flexibility.

lmfx wins this category
FeatureEvans and Partnerslmfx
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Evans and Partners and lmfx offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and lmfx supports 8, giving lmfx broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEvans and Partnerslmfx
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic