LMAX
Forex4you
LMAX vs Forex4you
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
LMAX and Forex4you are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. LMAX, founded in 2010 and headquartered in London, UK, is regulated by FCA and offers spreads starting from 0.0 pips with a minimum deposit of $1000. Forex4you, established in 2007 in British Virgin Islands, holds licenses from FSC with spreads from 0.1 pips and a $1 minimum deposit. In our hands-on testing across 8 scoring categories, LMAX scored 8.8/10 overall compared to Forex4you's 6.4/10, making it the stronger pick for most traders. That said, Forex4you holds its own with overall value, 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 6.4/10 for Forex4you — a 2.4-point difference.
- 💵
Forex4you requires just $1 to start, while LMAX needs $1000 — Forex4you is 1000x more accessible.
- 🛡️
LMAX holds Tier 1 regulation (FCA) offering stronger investor protection than Forex4you's Tier 3 status.
- 📈
Forex4you offers 200+ instruments vs 100+ at LMAX — a notable difference in market coverage.
- 🖥️
LMAX runs on LMAX Global, while Forex4you uses MT4, MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: LMAX scores 9.5 vs 4.5 for Forex4you — a 5.0-point difference.
Our Verdict
LMAX
Score: 8.8/10 · Wins 6 categories- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
Forex4you
Score: 6.4/10 · Wins 0 categories- You prefer a low minimum deposit ($1)
- You prefer Forex4you's trading environment overall
LMAX takes the lead with an overall score of 8.8/10 compared to 6.4/10, winning in 6 out of 8 scoring categories. LMAX stands out for lower trading costs and better trading platforms, while Forex4you remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, LMAX comes out ahead with a 8.8/10 overall rating, winning 6 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. Forex4you is not without merit — it scores 6.4/10 overall and excels in Trading Costs (7.0/10). For a complete breakdown, read our full LMAX review and Forex4you review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
LMAX wins by 2.0 points
LMAX wins by 1.0 points
LMAX wins by 5.0 points
LMAX wins by 2.0 points
LMAX wins by 2.0 points
LMAX wins by 0.5 points
Full Feature Comparison
Fees & Costs
When it comes to trading costs, LMAX has the edge with a score of 9/10 versus 7/10 for Forex4you. LMAX offers spreads starting from 0.0 pips, while Forex4you starts from 0.1 pips. The minimum deposit at LMAX is $1000, compared to $1 at Forex4you. 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.
Trading Platforms
LMAX scores 8/10 for platforms compared to 7/10 for Forex4you. LMAX provides LMAX Global, while Forex4you offers MT4, MT5. 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.
Regulation & Safety
Regulation is crucial for fund safety. LMAX is regulated by FCA (Tier 1), while Forex4you holds licenses from FSC (Tier 3). LMAX scores 9.5/10 and Forex4you scores 4.5/10 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.
Education & Research
For learning resources, LMAX leads with 6/10 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. LMAX and Forex4you 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.
Customer Support
LMAX offers 24/5 Email, Phone and scores 8/10, while Forex4you provides 24/5 Live Chat, Email with a score of 6/10. 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.
Deposit & Withdrawal
LMAX scores 7/10 for deposits and withdrawals, while Forex4you scores 7/10. LMAX accepts Bank Transfer, and Forex4you supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. LMAX requires a minimum deposit of $1000 versus $1 for Forex4you. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose LMAX if you...
- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
Choose Forex4you if you...
- You prefer a low minimum deposit ($1)
- You prefer Forex4you's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is LMAX better than Forex4you?
LMAX scores higher overall (8.8/10 vs 6.4/10), winning 6 of 8 categories. However, Forex4you remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, LMAX or Forex4you?
LMAX scores higher for trading costs. LMAX offers spreads from 0.0 pips with a $1000 minimum deposit, while Forex4you starts from 0.1 pips with $1 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is LMAX safe to trade with?
LMAX is regulated by FCA and scores 9.5/10 for regulation. Forex4you is regulated by FSC with a score of 4.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, LMAX or Forex4you?
LMAX scores 8/10 for platforms. LMAX offers LMAX Global, while Forex4you provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for LMAX vs Forex4you?
LMAX requires a minimum deposit of $1000, while Forex4you requires $1. Forex4you 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.