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Side-by-Side Comparison Independent Updated Oct 2, 2026

FxOpen vs LHV 2026: Which Broker is Better?

Choosing between FxOpen and LHV depends on your trading style, preferred markets, and budget. FxOpen is headquartered in London, UK, while LHV operates from Tallinn, Estonia. LHV has the longer track record, established in 1999, compared to FxOpen which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

FxOpen

LHV

VS
FxOpenLHV
BrokerRank Score3.7/5 ✓3.5/5
Min. Deposit$1$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:5
RegulationFCA, ASICFinantsinspektsioon, FCA
PlatformsMT4, MT5, cTraderProprietary Web, Proprietary Mobile, LHV Broker
Quick VerdictBrokerRank recommends
Best for Beginners
LHVFxOpen
Best for Low Fees
FxOpenLHV
Best for Regulation
FxOpenLHV
Best Overall
FxOpenLHV
Quick Answer

FxOpen is the better choice overall, scoring 3.7/5 vs 3.5/5 on BrokerRank's independent rating. On fees, FxOpen offers lower spreads (0 pips).

See full side-by-side comparison below

FxOpen vs LHV: Key Differences

Feature

FxOpen

LHV

Our Rating
3.7 / 5
3.5 / 5
Min. Deposit
$1
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$1.5/lot
None
Regulated By
FinantsinspektsioonFCA
Platforms
MT4, MT5, cTrader
Proprietary Web, Proprietary Mobile, LHV Broker
Markets
Forex, Cfd, Crypto, Indices, Commodities
Stocks, Etf, Crypto, Indices
Founded
2005
1999
Headquarters
London, UK
Tallinn, Estonia
Score
2 / 4
2 / 4

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Fees Comparison

Fee

FxOpen

LHV

Lower fees
Spread From
0 pips
0 pips
Commission
$1.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

FxOpen holds licences from FCA, ASIC. LHV is regulated by FCA, Finantsinspektsioon.

Markets & Assets

Both brokers offer access to Crypto, Indices markets. FxOpen additionally covers Forex, Cfd, Commodities. LHV adds Stocks, Etf.

Trading Platforms

FxOpen supports MT4, MT5, cTrader. LHV offers Proprietary Web, Proprietary Mobile, LHV Broker.

Minimum Deposit

FxOpen requires a minimum deposit of $1, while LHV sets no minimum deposit. This makes LHV accessible to traders with any budget.

Overall Ratings

BrokerRank scores FxOpen at 3.66/5 and LHV at 3.36/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxOpen leads overall with a clear advantage.

BrokerRank Verdict

FxOpen is our recommended pick in this comparison, scoring 3.66/5 versus LHV's 3.36/5. FxOpen holds more tier-1 licences (FCA, ASIC), offering stronger regulatory protection. Traders with smaller budgets may find LHV's lower minimum deposit of $0 more accessible. LHV is still a solid option for beginners starting with a smaller initial capital, but FxOpen offers a stronger overall package for the majority of traders.

Who Should Choose Which?

FxOpen

FxOpen

3.7/5

Top pick

Choose FxOpen if you want…

  • Higher overall rating (3.7/5)
  • Higher leverage (up to 1:500)
  • More market types (5)
LHV

LHV

3.5/5

Choose LHV if you want…

  • No per-trade commission
  • No minimum deposit
  • More established (est. 1999)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both FxOpen & LHV are available in

Frequently Asked Questions

1

Is FxOpen better than LHV?

FxOpen scores higher overall on our independent rating system. FxOpen holds a 3.7/5 rating vs LHV's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, FxOpen or LHV?

FxOpen offers spreads from 0 pips, while LHV starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FxOpen vs LHV?

FxOpen requires a minimum deposit of $1. LHV requires $0.

4

Which broker is safer, FxOpen or LHV?

FxOpen is regulated by FCA, ASIC, while LHV holds licences from Finantsinspektsioon, FCA.

5

What trading platforms do FxOpen and LHV support?

FxOpen supports MT4, MT5, cTrader. LHV supports Proprietary Web, Proprietary Mobile, LHV Broker.

6

Can I use both FxOpen and LHV?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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