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LMFX VS FXRatesAPI

Compare LMFX VS FXRatesAPI and see what are their differences

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Contents:
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  2. » Videos
  3. » Reviews
  4. » Alternatives

LMFX logo LMFX

LMFX is an online trading website that offers a wide range of tools and access to a range of financial products, including CFD, indices, forex, and stock trading, with low commissions and tight spreads.

FXRatesAPI logo FXRatesAPI

Your Gateway to Real-Time Exchange Rates
Not present
  • FXRatesAPI Landing page
    Landing page //
    2024-06-12

FXRatesAPI provides seamless access to real-time and historical exchange rate data. Designed for developers and businesses, our API ensures accurate and up-to-date currency information, empowering you to make informed financial decisions with ease. Integrate effortlessly and stay ahead in the fast-paced world of global finance.

LMFX features and specs

  • Leverage Options
    LMFX offers high leverage options of up to 1:1000, which can be attractive for traders looking to maximize their trading opportunities with a smaller capital.
  • Wide Range of Instruments
    The platform provides a diverse set of trading instruments, including forex, commodities, indices, and stocks, allowing traders to diversify their portfolios.
  • User-Friendly Platform
    LMFX provides a user-friendly platform that includes popular trading software like MetaTrader 4, which is favored by many traders for its functionality and features.
  • Educational Resources
    The broker offers educational resources and materials such as webinars and tutorials, which can be useful for beginners looking to enhance their trading knowledge.
  • No Deposit Fees
    LMFX does not charge deposit fees, which can help reduce the overall cost of trading for clients when funding their accounts.

Possible disadvantages of LMFX

  • Unregulated Status
    LMFX is not regulated by major financial authorities, which may concern traders who prioritize security and trust in regulated entities.
  • Limited Account Types
    The platform offers a limited range of account types, which may not be suitable for all trading strategies and styles.
  • Geographical Restrictions
    LMFX has restrictions on clients from certain countries, which means it is not accessible to all potential traders globally.
  • Withdrawal Process
    Some users have reported delays in the withdrawal process, which can be a significant inconvenience when accessing funds.
  • Limited Customer Support
    The availability and responsiveness of customer support can be limited, which may be an issue for traders requiring prompt assistance.

FXRatesAPI features and specs

No features have been listed yet.

LMFX videos

+ Add

LMFX Broker Review/Update - USA Lost A Good One!

More videos:

  • Review - LMFX Review 2023 - Review, Information [Pros & Cons]
  • Review - LMFX Review2024 - Is LMFX a Scam or legit forex broker?

FXRatesAPI videos

No FXRatesAPI videos yet. You could help us improve this page by suggesting one.

Add video

Category Popularity

0-100% (relative to LMFX and FXRatesAPI)

LMFX

FXRatesAPI

Investing
100 100%
Investing
0% 0
APIs
0 0%
APIs
100% 100
Finance
45 45%
Finance
55% 55
Currency Exchange
0 0%
Currency Exchange
100% 100

User comments

Share your experience with using LMFX and FXRatesAPI. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, FXRatesAPI seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

LMFX mentions (0)

We have not tracked any mentions of LMFX yet. Tracking of LMFX recommendations started around Jul 2022.

FXRatesAPI mentions (1)

  • Some tips for making a ruby gem
    I recently built a gem, https://github.com/kevinluo201/fx_rates, which is an API wrapper for a good exchange rate service, https://fxratesapi.com/. Anyway, what that gem does is not the point here. I simply want to share my experience of making a ruby gem. - Source: dev.to / 4 months ago

What are some alternatives?

When comparing LMFX and FXRatesAPI, you can also consider the following products

KOT4X - KOT4X is an online platform for Forex trading, Crypto, and CFD Broker that offers a wide range of tradable assets, including Forex, Cryptocurrencies, Gold, and Oil.

Currencyapi.com - Currencyapi.com is a free, reliable & feature complete currency exchange rates API. 170+ world currencies & 60 second update rate.

FXChoice - FXChoice is an Electronic Communications Networks broker that offers Contract For Differences and Forex trading on the most popular platforms.

Fixer.io - Fixer provides a free, simple, and lightweight API for current and historical foreign exchange rates and currency conversion. The API tracks rates published daily by the European Central Bank.

EagleFX - EagleFX is an online forex and crypto broker that offers competitive spreads, fast execution, and 24/7 customer support.

Open Exchange Rates - Free, hourly-updated exchange rates - a simple, accurate, open-source JSON API. Free for personal use, a bargain for everybody else.

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