lmfx
npbfx
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Overview
lmfx was founded in 2016 and is headquartered in Anguilla, while npbfx was established in 2020 and is based in United Kingdom. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. lmfx serves 10,000+ clients worldwide; npbfx has 3,500,000+. Both brokers share the same minimum deposit of $250.
| Feature | lmfx | npbfx |
|---|---|---|
| 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 | 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-F287 |
| Founded | 2016 | 2020 |
| Country | Anguilla | United Kingdom |
| Clients | 10,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between lmfx and npbfx, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. npbfx applies inactivity fees on dormant accounts; lmfx does not. Overall, lmfx scores higher on fees in our assessment.
| Feature | lmfx | npbfx |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
lmfx offers MT5, cTrader, while npbfx supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. npbfx supports social and copy trading features, which lmfx does not offer. npbfx edges ahead on platform breadth and functionality in our scoring.
| Feature | lmfx | npbfx |
|---|---|---|
| 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, 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 lmfx and npbfx compare. lmfx runs regular live webinars; npbfx does not. Both provide video tutorials. lmfx publishes daily market commentary; npbfx 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 | npbfx |
|---|---|---|
| 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 npbfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | lmfx | npbfx |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both lmfx and npbfx offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | lmfx | npbfx |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |