FxPro

FxPro

🟢 Tier 1 Regulated
8.4
/ 10
vs
LMAX

LMAX

🟢 Tier 1 Regulated
8.8
/ 10

FxPro vs LMAX

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

FxPro and LMAX are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FxPro, founded in 2006 and headquartered in London, UK, is regulated by CySEC, FCA, FSCA and offers spreads starting from 0.0 pips with a minimum deposit of $100. LMAX, established in 2010 in London, UK, holds licenses from FCA with spreads from 0.0 pips and a $1000 minimum deposit. In our hands-on testing across 8 scoring categories, LMAX scored 8.8/10 overall compared to FxPro's 8.4/10, making it the stronger pick for most traders. That said, FxPro holds its own with better trading platforms and superior education resources, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    LMAX scores 8.8/10 overall vs 8.4/10 for FxPro — a 0.4-point difference.

  • 💵

    FxPro requires just $100 to start, while LMAX needs $1000 — FxPro is 10x more accessible.

  • 📈

    FxPro offers 2,100+ instruments vs 100+ at LMAX — a massive gap in market coverage.

  • 🖥️

    FxPro runs on MT4, MT5, cTrader, FxPro Edge, while LMAX uses LMAX Global — different ecosystems for different trading styles.

  • The biggest gap is in Product Range: FxPro scores 8.5 vs 6.5 for LMAX — a 2.0-point difference.

Our Verdict

FxPro

FxPro

Score: 8.4/10 · Wins 5 categories
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • You want access to a wider range of instruments
  • Fast and flexible deposits & withdrawals are important
🏆 WINNER
LMAX

LMAX

Score: 8.8/10 · Wins 2 categories
  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • You prefer LMAX's trading environment overall

LMAX takes the lead with an overall score of 8.8/10 compared to 8.4/10, winning in 2 out of 8 scoring categories. LMAX stands out for lower trading costs and stronger regulation, while FxPro fights back with better trading platforms and superior education resources.

Detailed Verdict

After testing both brokers with real accounts, LMAX comes out ahead with a 8.8/10 overall rating, winning 2 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.5/10. LMAX holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FxPro is not without merit — it scores 8.4/10 overall and excels in Platforms & Tools (9.0/10), winning 5 categories. Traders who value better trading platforms or superior education resources may find FxPro the better fit. For a complete breakdown, read our full LMAX review and FxPro review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

FxPro
LMAX
Trading Costs
8.0 9.0

LMAX wins by 1.0 points

Platforms & Tools
9.0 8.0

FxPro wins by 1.0 points

Regulation & Trust
9.0 9.5

LMAX wins by 0.5 points

Education
7.5 6.0

FxPro wins by 1.5 points

Customer Service
8.0 8.0
Research & Analysis
8.0 7.5

FxPro wins by 0.5 points

Deposit & Withdrawal
8.0 7.0

FxPro wins by 1.0 points

Product Range
8.5 6.5

FxPro wins by 2.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.4/10
8.8/10
Min Deposit
Lower is better
$100
$1000
Max Leverage
1:500
1:100
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5, cTrader, FxPro Edge
LMAX Global
Regulation
CySEC, FCA, FSCA
FCA
Founded
Older track record highlighted
2006
2010
Markets
2,100+
100+
FxPro: 0 LMAX: 1
💰

Fees & Costs

🏅 Section Winner: LMAX (8.0 vs 9.0)

When it comes to trading costs, LMAX has the edge with a score of 9/10 versus 8/10 for FxPro. FxPro offers spreads starting from 0.0 pips, while LMAX starts from 0.0 pips. The minimum deposit at FxPro is $100, compared to $1000 at LMAX. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

FxPro
8.0
LMAX
9.0
FxPro: 1 LMAX: 1
🖥️

Trading Platforms

🏅 Section Winner: FxPro (9.0 vs 8.0)

FxPro scores 9/10 for platforms compared to 8/10 for LMAX. FxPro provides MT4, MT5, cTrader, FxPro Edge, while LMAX offers LMAX Global. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

FxPro
9.0
LMAX
8.0
FxPro: 1 LMAX: 2
🛡️

Regulation & Safety

🏅 Section Winner: LMAX (9.0 vs 9.5)

Regulation is crucial for fund safety. FxPro is regulated by CySEC, FCA, FSCA (Tier 1), while LMAX holds licenses from FCA (Tier 1). FxPro scores 9/10 and LMAX scores 9.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

FxPro
9.0
LMAX
9.5
FxPro: 2 LMAX: 2
📚

Education & Research

🏅 Section Winner: FxPro (7.5 vs 6.0)

For learning resources, FxPro leads with 7.5/10 compared to 6/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FxPro and LMAX both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

FxPro
7.5
LMAX
6.0
FxPro: 2 LMAX: 2
🎧

Customer Support

FxPro offers 24/5 Live Chat, Email, Phone and scores 8/10, while LMAX provides 24/5 Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

FxPro
8.0
LMAX
8.0
FxPro: 3 LMAX: 2
💳

Deposit & Withdrawal

🏅 Section Winner: FxPro (8.0 vs 7.0)

FxPro scores 8/10 for deposits and withdrawals, while LMAX scores 7/10. FxPro accepts Bank Transfer, Credit Card, PayPal, Skrill, Neteller, and LMAX supports Bank Transfer. Processing times, fees, and available currencies vary. FxPro requires a minimum deposit of $100 versus $1000 for LMAX. Always check withdrawal conditions and any potential fees before funding your account.

FxPro
8.0
LMAX
7.0

Which Broker Is Right for You?

FxPro

Choose FxPro if you...

  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • You want access to a wider range of instruments
  • Fast and flexible deposits & withdrawals are important
Visit FxPro
LMAX

Choose LMAX if you...

  • You want lower spreads and trading fees
  • Top-tier regulation and fund safety are your priority
  • You prefer LMAX's trading environment overall
Visit LMAX

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is FxPro better than LMAX?

LMAX scores higher overall (8.8/10 vs 8.4/10), winning 2 of 8 categories. However, FxPro is stronger in better trading platforms and superior education resources. The best choice depends on what matters most to your trading style.

Which has lower fees, FxPro or LMAX?

LMAX scores higher for trading costs. FxPro offers spreads from 0.0 pips with a $100 minimum deposit, while LMAX starts from 0.0 pips with $1000 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is FxPro safe to trade with?

FxPro is regulated by CySEC, FCA, FSCA and scores 9/10 for regulation. LMAX is regulated by FCA with a score of 9.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, FxPro or LMAX?

FxPro scores 9/10 for platforms. FxPro offers MT4, MT5, cTrader, FxPro Edge, while LMAX provides LMAX Global. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for FxPro vs LMAX?

FxPro requires a minimum deposit of $100, while LMAX requires $1000. FxPro has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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