B

Interactive Investor

7/10

lmfx

7.6/10
7/10RegulationWinner10/10
10/10WinnerFees1/10
9/10WinnerPlatforms7/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Interactive Investor was founded in 1995 and is headquartered in UK, while lmfx was established in 2016 and is based in Anguilla. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Interactive Investor serves 10,000+ clients worldwide; lmfx has 10,000+. The minimum deposit is $1 at Interactive Investor and $250 at lmfx.

lmfx wins this category
FeatureInteractive Investorlmfx
Min. Deposit$1$250
RegulationFinancial Conduct Authority (FCA)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
Founded19952016
CountryUKAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Interactive Investor and lmfx, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $250 at lmfx). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; lmfx does not. Overall, Interactive Investor scores higher on fees in our assessment.

Interactive Investor wins this category
FeatureInteractive Investorlmfx
Min. Deposit$1$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Interactive Investor offers MT4, MT5, cTrader, while lmfx supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Interactive Investor supports social and copy trading features, which lmfx does not offer. Interactive Investor edges ahead on platform breadth and functionality in our scoring.

Interactive Investor wins this category
FeatureInteractive Investorlmfx
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb Trader, ProTrader, Tablet & Mobile appsMT4, 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 Interactive Investor and lmfx compare. lmfx runs regular live webinars; Interactive Investor does not. Both provide video tutorials. lmfx publishes daily market commentary; Interactive Investor does not. Both integrate third-party research tools. lmfx maintains an archive of past webinars for on-demand viewing. lmfx scores higher overall in education and research.

lmfx wins this category
FeatureInteractive Investorlmfx
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Interactive Investor 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
FeatureInteractive Investorlmfx
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 Interactive Investor and lmfx offer live chat support. Both provide phone support. Email support is available at both brokers. Interactive Investor supports 2 languages and lmfx supports 8, giving lmfx broader global reach. Both brokers are comparable on support quality.

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