At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this LBLV broker review.
LBLV is a brokerage company that caters to the needs of existing and aspiring traders from various parts of the world. The company offers services related to trading with a wide-ranging set of financial instruments such as currencies, commodities, indexes, and equities.
More importantly, the company focuses on helping traders take hold of various market opportunities through the accounts and services it offers to prospective traders. The company also provides various market insights in the form of market analysis, commentaries, and trading signals, among others.
At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this XM broker review.
XM.COM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments Ltd (Cyprus) and Trading Point of Financial Instruments Pty Ltd. (Australia). Our clients benefit from direct access to the financial markets in over 300 financial instruments including forex, equity indices, precious metals, cryptocurrencies and energies, with transparent real-time pricing, lowest spreads, and flexible leverage.
|#||Broker's Features||LBLV Availability||XM Availability|
|#||Accepts US traders||✔||❌|
|#||24 hour trading||✔||✔|
|#||Trading by phone||✔||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||✔||✔|
|#||Interest charges on the balance||✔||✔|
|#||24 hour support||✔||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare LBLV vs Xm.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. LBLV offers Online Financial Trading and Investment Services Such as Commodities, Indices, Stocks, Shares, Metals, CFDs, while Xm offers Forex, CFD, bitcoin, stocks, indices, commodities,.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. LBLV is Broker, ECN, while Xm is Broker.
Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. LBLV recommended minimum capital is Rookie, Basic, Premier, Elite - Fixed and VIP - Fl, while Xm has a Minimum Deposit Requirement of 5.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. LBLV is regulated by Seychelles FSA, while Xm regulated by ASIC, CySEC, IFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. LBLV offers USD, EUR, GBP different account currencies for each account types, while Xm offers EUR, USD, GBP, JPY, CHF, HUF, PLN, RUB, SGD, ZAR, account currencies.
Languages Available: Next lets have a look at each broker's different Language options. LBLV offers English, Russian, Portuguese, Brazilian, while Xm offers Arabic, Chinese, English, French, German, Greek, I Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. LBLV offers Visa, MasterCard, Bank Transfer/SWIFT, Skrill, Net different payment methods for each account types, while Xm offers Credit Cards, Netteler, Skrill, Klarna, Przelewy 2 payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, LBLV makes MT5 Desktop/Mobile, Web Trader available to clients, while Xm offers Metatrader4/5, XM Webtrader.