LMFX VS Alpari
Detailed side-by-side analysis on 40+ criteria. Data updated 2026.
Alpari 👑
In this 2-way comparison between LMFX and Alpari, Alpari emerges as our top recommendation with an overall rating of 3.9/5.
Regulation: Alpari is regulated by FSC, ensuring basic fund safety and operational standards.
Spread Comparison: While LMFX offers the lowest spreads (1.0 pips), Alpari's 1.2 pips combined with superior overall features make it our top pick.
Best Broker For:
- Beginners: Alpari (only $0 minimum)
- Low Spreads: LMFX (1.0 pips EUR/USD)
- Trust & Safety: Alpari (65% trust score)
- Overall Winner: Alpari (3.9/5 rating)
| 40+ Criteria |
LMFX |
🏆 Winner
Alpari |
|---|---|---|
| Overview & Ratings | ||
| Overall Rating | 🏆 Best | |
| Trust Score |
48%
|
65%
|
| Founded | 2015 | 1998 |
| Regulation & Safety | ||
| Primary Regulator | FSC | FSC |
| Segregated Accounts | ✔ Yes | ✔ Yes |
| Negative Balance Protection | ✔ Yes | ✔ Yes |
| Publicly Traded | Private | Private |
| Trading Conditions | ||
| EUR/USD Spread | 1.0 pips 💰 Lowest | 1.2 pips |
| Spread Type | Variable | Variable |
| Commission | $0 (spread only) | $0 (spread only) |
| Max Leverage | 1:1000 | 1:1000 |
| Account Conditions | ||
| Min Deposit | $50 💎 Lowest | $0 |
| Demo Account | ✔ Unlimited | ✔ Unlimited |
| Islamic Account | ✔ Yes | ✔ Yes |
| Trading Platforms | ||
| MetaTrader 4 | ✔ | ✔ |
| MetaTrader 5 | ✗ | ✔ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Copy Trading | ✗ | ✔ Yes |
| Mobile App | ✔ iOS/Android | ✔ iOS/Android |
| Instruments | ||
| Total Instruments | 100+ | 250+ 📈 Most |
| Forex Pairs | 48 | 60 |
| Cryptocurrencies | 5 | 30 |
| Stocks/CFDs | — | — |
| Education & Support | ||
| Educational Content | Limited | Limited |
| Webinars | ✗ | ✗ |
Frequently Asked Questions
Which is better: LMFX or Alpari?
Based on our comprehensive analysis, Alpari scores higher overall with a 3.9/5 rating. However, the best choice depends on your trading priorities:
- For lowest spreads: LMFX (1.0 pips)
- For lowest deposit: Alpari ($0)
- For maximum trust: Alpari (65% trust score)
What are the main differences between these brokers?
Key differences in this comparison:
- LMFX: FSC, spreads from 1.0 pips, $50 min deposit
- Alpari: FSC, spreads from 1.2 pips, $0 min deposit, MT5 available
Which broker is best for beginners?
For beginners, we recommend Alpari due to its low $0 minimum deposit and unlimited demo account.
Are these brokers safe and regulated?
Here's the regulatory status for each broker:
- LMFX: FSC
- Alpari: FSC
We recommend choosing Tier-1 regulated brokers (FCA, ASIC, SEC, FINMA) for maximum fund protection.
