B

lmfx

7.6/10
Twine logo

Twine

6.1/10
10/10WinnerRegulation3/10
1/10FeesWinner4/10
7/10PlatformsWinner9/10
6/10Education & ResearchTied6/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

lmfx was founded in 2016 and is headquartered in Anguilla, while Twine was established in 2008 and is based in USA. lmfx holds licences including Financial Conduct Authority (FCA), while Twine is regulated by Unregulated among others. lmfx serves 10,000+ clients worldwide; Twine has 10,000+. The minimum deposit is $250 at lmfx and $100 at Twine.

lmfx wins this category
FeaturelmfxTwine
Min. Deposit$250$100
RegulationFinancial 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-F271Unregulated
Founded20162008
CountryAnguillaUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between lmfx and Twine, directly affecting your bottom line as a trader. Twine has a lower barrier to entry with a minimum deposit of $100 (vs $250 at lmfx). Twine charges withdrawal fees while lmfx does not, giving lmfx an edge for frequent withdrawers. Twine applies inactivity fees on dormant accounts; lmfx does not. Overall, Twine scores higher on fees in our assessment.

Twine wins this category
FeaturelmfxTwine
Min. Deposit$250$100
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

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

Twine wins this category
FeaturelmfxTwine
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsiPhone,iPad,Android,Tablet

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how lmfx and Twine 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. The two brokers are evenly matched on educational content.

Tied
FeaturelmfxTwine
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

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 Twine supports 2 (bank transfer, credit/debit card). lmfx uniquely supports PayPal and Skrill and Neteller among the two brokers. lmfx scores higher on deposit and withdrawal flexibility.

lmfx wins this category
FeaturelmfxTwine
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

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

Tied
FeaturelmfxTwine
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese