LMFX is an unregulated SVG-registered MT4 broker from 2015 with 1:1000 leverage and a bonus-heavy offer. If you want regulation, MT5, and clean payouts, LHFX is the swap.
LHFX charges $3 per side, opens accounts from $10, typically processes withdrawals automatically in under 20 minutes, and is licensed by FSC Mauritius and FSCA South Africa.
LHFX vs LMFX at a glance.
| Feature | LHFX | LMFX |
|---|---|---|
| Commission per lot | $3 per side ($6 round turn) | Not publicly disclosed for the Zero account |
| Minimum deposit | $10 | $50 |
| Typical EURUSD spread | From 0.0 pips on raw account | Marketed as low; specific EURUSD figure not publicly disclosed |
| Maximum retail leverage | 1:500 | Up to 1:1000 on Premium |
| Platforms | MetaTrader 5 only | MetaTrader 4 only (desktop, web, mobile) |
| Forex pairs and total instruments | 41 forex pairs, 144 total instruments | 45+ forex pairs, 100+ total instruments |
| Execution model | STP/ECN | STP |
| Regulation | FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816) | Not regulated; registered in Saint Vincent and the Grenadines |
| Crypto deposits and withdrawals | BTC, ETH, USDT and more, plus card | Bitcoin deposits accepted; withdrawal coverage not publicly disclosed |
| Islamic accounts | Yes, swap-free with holding fee after grace period | Not publicly listed |
The areas where LHFX offers a clear advantage over LMFX.
LHFX accepts $10 minimum deposits with raw spreads and $3 per side commission. LMFX requires $50 to start an account.
LHFX is a direct MetaQuotes licensee running MT5 only, with the newer order types, timeframes and backtesting. LMFX still runs MT4 only.
LHFX runs an auto-payout system that processes most withdrawals in under 20 minutes. LMFX does not publish a comparable processing time and crypto withdrawal coverage is not disclosed.
LHFX supports BTC, ETH, USDT and other coins for deposits and withdrawals. LMFX accepts Bitcoin deposits but does not publicly confirm crypto withdrawals.
LHFX offers swap-free Islamic accounts on the same raw spreads, with a published holding-fee schedule. LMFX does not publicly list a dedicated swap-free product.
LMFX has genuine strengths. Here is where they come out ahead.
LMFX's Premium account goes up to 1:1000. LHFX caps retail leverage at 1:500.
LMFX lists 45+ forex pairs against LHFX's 41. The gap is small, but if you trade niche crosses LMFX has more coverage.
LMFX offers a Fixed account alongside Premium and Zero. Some news traders prefer fixed pricing over the floating raw spreads LHFX uses.
LMFX advertises a 15 percent Phoenix Recovery Bonus to offset losses. LHFX does not run bonus programs, which means no volume restrictions on withdrawals.
Moving from LMFX to LHFX takes minutes, not days.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
Open an LHFX account from $10. $3 per side commission, MT5 trading, regulated by FSC Mauritius and FSCA South Africa, auto withdrawals typically under 20 minutes.