lmfx
Markets.com
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Overview
lmfx was founded in 2016 and is headquartered in Anguilla, while Markets.com was established in 2008 and is based in Cyprus. lmfx holds licences including Financial Conduct Authority (FCA), while Markets.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. lmfx serves 10,000+ clients worldwide; Markets.com has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | lmfx | Markets.com |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | 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 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2016 | 2008 |
| Country | Anguilla | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between lmfx and Markets.com, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | lmfx | Markets.com |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
lmfx offers MT5, cTrader, while Markets.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Markets.com supports social and copy trading features, which lmfx does not offer. Markets.com edges ahead on platform breadth and functionality in our scoring.
| Feature | lmfx | Markets.com |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how lmfx and Markets.com compare. lmfx runs regular live webinars; Markets.com does not. Both provide video tutorials. lmfx publishes daily market commentary; Markets.com 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.
| Feature | lmfx | Markets.com |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. lmfx accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Markets.com supports 3 (bank transfer, credit/debit card, PayPal). lmfx uniquely supports Skrill and Neteller among the two brokers. lmfx scores higher on deposit and withdrawal flexibility.
| Feature | lmfx | Markets.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both lmfx and Markets.com offer live chat support. Both provide phone support. Email support is available at both brokers. lmfx supports 8 languages and Markets.com supports 14, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | lmfx | Markets.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |