Head-to-head
LMAXEU-DemoUK vs LMAXNZ-DemoUK
A measured comparison, not an opinion piece: we sample both brokers’ demo feeds around the clock and compare 7-day average spreads for every symbol in our catalog. Right now it is a dead heat: each broker wins 0 of 44 tracked symbols. Demo conditions may differ from live accounts.
Session scoreboard
symbols won per UTC session, 7-day averages| Session | Hours | LMAXEU-DemoUK wins | LMAXNZ-DemoUK wins | Ties | Session winner |
|---|---|---|---|---|---|
| Asia | 00–07 UTC | 0 | 0 | 44 | tie |
| London | 07–13 UTC | 0 | 0 | 44 | tie |
| LDN/NY Overlap | 13–17 UTC | 0 | 0 | 43 | tie |
| New York | 17–21 UTC | 0 | 0 | 43 | tie |
| Rollover | 21–24 UTC | 0 | 0 | 43 | tie |
The session split is the part most comparisons skip — and the part that matters for EAs. A broker that wins the London session can lose badly during Asian hours or around rollover, when spreads widen unevenly.
Symbol by symbol
7-day average spread in pips/points| Symbol | Category | LMAXEU-DemoUK | LMAXNZ-DemoUK | Tighter feed |
|---|---|---|---|---|
| EURUSD | Majors | 0.42 | 0.42 | tie |
| GBPUSD | Majors | 0.93 | 0.93 | tie |
| USDJPY | Majors | 0.90 | 0.90 | tie |
| XAUUSD | Metals | 75.3 | 75.3 | tie |
| USDCHF | Majors | 0.75 | 0.75 | tie |
| AUDUSD | Majors | 0.33 | 0.33 | tie |
| USDCAD | Majors | 0.62 | 0.62 | tie |
| NZDUSD | Majors | 0.63 | 0.63 | tie |
| EURJPY | Crosses | 2.12 | 2.12 | tie |
| GBPJPY | Crosses | 1.96 | 1.96 | tie |
| US30 | Indices | collecting… | collecting… | — |
| NAS100 | Indices | collecting… | collecting… | — |
| BTCUSD | Crypto | collecting… | collecting… | — |
| EURGBP | Crosses | 1.12 | 1.12 | tie |
| EURCHF | Crosses | 1.59 | 1.59 | tie |
| EURAUD | Crosses | 2.11 | 2.11 | tie |
| EURCAD | Crosses | 1.74 | 1.74 | tie |
| EURNZD | Crosses | 4.91 | 4.91 | tie |
| GBPCHF | Crosses | 2.22 | 2.22 | tie |
| GBPAUD | Crosses | 3.24 | 3.24 | tie |
| GBPCAD | Crosses | 2.02 | 2.02 | tie |
| GBPNZD | Crosses | 4.29 | 4.29 | tie |
| AUDJPY | Crosses | 1.71 | 1.71 | tie |
| AUDNZD | Crosses | 1.90 | 1.90 | tie |
| AUDCAD | Crosses | 1.70 | 1.70 | tie |
| AUDCHF | Crosses | 1.58 | 1.58 | tie |
| CADJPY | Crosses | 1.66 | 1.66 | tie |
| CADCHF | Crosses | 1.42 | 1.42 | tie |
| CHFJPY | Crosses | 2.70 | 2.70 | tie |
| NZDJPY | Crosses | 2.04 | 2.04 | tie |
| NZDCAD | Crosses | 1.74 | 1.74 | tie |
| NZDCHF | Crosses | 1.55 | 1.55 | tie |
| USDSEK | Exotics | 34.7 | 34.7 | tie |
| USDNOK | Exotics | 36.3 | 36.3 | tie |
| USDPLN | Exotics | 13.4 | 13.4 | tie |
| USDZAR | Exotics | 38.4 | 38.4 | tie |
| USDTRY | Exotics | 98.4 | 98.4 | tie |
| USDMXN | Exotics | 29.0 | 29.0 | tie |
| USDSGD | Exotics | 2.40 | 2.40 | tie |
| EURPLN | Exotics | 16.5 | 16.5 | tie |
| XAGUSD | Metals | 305 | 305 | tie |
| XPTUSD | Metals | collecting… | collecting… | — |
| XPDUSD | Metals | collecting… | collecting… | — |
| USOIL | Energy | collecting… | collecting… | — |
| UKOIL | Energy | collecting… | collecting… | — |
| XNGUSD | Energy | 0.67 | 0.67 | tie |
| SPX500 | Indices | 0.00 | 0.00 | tie |
| GER40 | Indices | collecting… | collecting… | — |
| UK100 | Indices | 24.8 | 24.8 | tie |
| FRA40 | Indices | collecting… | collecting… | — |
| JPN225 | Indices | collecting… | collecting… | — |
| AUS200 | Indices | 21.1 | 21.1 | tie |
| EUSTX50 | Indices | collecting… | collecting… | — |
| HK50 | Indices | 101 | 101 | tie |
| ETHUSD | Crypto | collecting… | collecting… | — |
| SOLUSD | Crypto | collecting… | collecting… | — |
| XRPUSD | Crypto | 6.81 | 6.81 | tie |
| LTCUSD | Crypto | collecting… | collecting… | — |