LHV
mBank
VS
Higher Rated
LHV
Capital at risk · T&Cs apply
Choosing between LHV and mBank depends on your trading style, preferred markets, and budget. LHV is headquartered in Tallinn, Estonia, while mBank operates from Warsaw, Poland. LHV has the longer track record, established in 1999, compared to mBank which was founded in 2000. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
LHV
mBank
LHV is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, LHV offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
LHV
3.4 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
LHV
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
LHV
WinnermBank
LHV
Lower feesmBank
LHV holds licences from FCA, Finantsinspektsioon. mBank is regulated by KNF.
Both brokers offer access to Stocks, Etf, Indices markets. LHV additionally covers Crypto. mBank adds Cfd, Forex.
LHV supports Proprietary Web, Proprietary Mobile, LHV Broker. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Web, Proprietary Mobile.
LHV requires no minimum deposit, while mBank sets no minimum deposit. This makes LHV accessible to traders with any budget.
BrokerRank scores LHV at 3.36/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. LHV leads overall with a clear advantage.
LHV scores higher overall on our independent rating system. LHV holds a 3.4/5 rating vs mBank's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
LHV offers spreads from 0 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
LHV requires a minimum deposit of $0. mBank requires $0.
LHV is regulated by Finantsinspektsioon, FCA, while mBank holds licences from KNF.
LHV supports Proprietary Web, Proprietary Mobile, LHV Broker. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.