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LMAX

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6.7
(32 Reviews)

Founded: 2010 Min Deposit: 10000 USD

Headquarters: England, United Kingdom Max Lev: 1 : 30

Score
Business Scope
8.3
Trading Cost
6.7
Trading Platforms
6.4
Support
6.6
Licence Status

operate with regulation licenses

CySEC 310/16
FCA 509778
Authorised
Authorised
Contact
+44 2031922555
info@lmax.com
https://www.lmax.com/
Good Reputation
Fast Order Execution
Strict Regulation
100+ Trading Instruments
Tight Spread
Leverage Limit
Multiple Base Currencies Support
Abdul Quddus Chowdhury
2023-01-26
One of the biggest advantages of LMAX is its safe transaction environment. Compared to other platforms, it takes so long to open account, deposits & withdrawals with LMAX. But the lucky thing is its cost is reasonable. The broker is suitable for those who want to trade with large sizes.
Mohammad Aziz Uddin Chowdhury
2023-01-14
No slippage is impossible. Occasionally there will be one or two points of slippages. My opinion is that the platform is available without malicious slippage, and the execution speed is very fast.
Niloy
2022-10-20
The spread is low, the server is perfect, and the most important thing is that it is a regulated broker! A commendable platform, I recommend it to friends with good trading skills and a lot of money!
Account & Cost Deposit & Withdrawal Company & Service Broker News Related Complaints Reviews

Deposit and Withdrawal

6.0

Average

No deposit fee

Features

Fast Deposit

Company and Service

8.3

Very Good

Reputational broker but with high demand for retail traders

Features

Good Reputation
Multilingual Support
Profile
Headquarters Address
Yellow Building, 1A Nicholas Road London W11 4AN, United Kingdom
Founded 2010
Broker Type
MTF
Time Zone GMT
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows
Contact
No Data
Others
Website Language
English,  French,  German,  Russian,  Spanish
Customer Service By
Phone,  Email,  Live Chat,  Fax,  Twitter,  LinkedIn,  Youtube
Supported Language
English,  French,  German,  Russian,  Spanish

Broker News

LMAX Group Granted RMO License by MAS 2023-11-23
The new license will allow the group’s subsidiary, LMAX Exchange Singapore, to offer Non-Deliverable Forwards (NDF) trading in Singapore and London.
LMAX Group Appoints Former Cürex Executive Andre Severi as Managing Director and Head of EMEA Sales 2023-11-16
Prior to joining LMAX, Severi held the position of Managing Director at Cürex Group.
LMAX Group Announces Completion of Taking Over Cürex FX 2023-10-31
The acquisition was initially unveiled earlier this month as part of LMAX Group's international growth strategy to consolidate its industry position.

Related Complaints

Q&A

Can I have Islamic account in LMAX？

Gcobisa
Jamaica
2022-09-02
ANSWER LMAX doesn't display relevant information on their website and thus we recommend that you ask the official customer services directly for a more accurate answer. For more details of this broker, please check our full LMAX review.
See more

Do you recommend LMAX? Is it a trustworthy broker?

Joey Liau
Philippines
2022-04-15
ANSWER LMAX is regulated and supervised by the UK Financial Condudt Authority (FAC) with license No. 509778, and the Cyprus Securities and Exchange Commission (CySEC) with license no. 310/16. For more details of this broker, please check our full LMAX review.As a licensed entity overseen by two top-tier regulators, LMAX is required to follow a series of rigorous rules and obligations. Hence, this broker is considered to be a reliable broker by comparison with unregulated and weak-regulated brokers.
See more

Overall Score

6.7
32 Reviews

Cost 6.7

Platforms 6.4

Deposit & Withdrawal 6.0

Customer Support 6.6

Indicates the average level of Brokers

Keywords for selection
Recommend Low Spreads Stable Server Connection Trading Problems Regulated & Licensed Fast Execution Slippage Problems Low Swap Fee Reliable & Reputable Complicated Registration Process Advanced Trading Platform Deposit/Withdrawal Problems Trading Conditions

32 Reviews

Sort by
Abdul Quddus Chowdhury
0-6 months Standard Account Canada
One of the biggest advantages of LMAX is its safe transaction environment. Compared to other platforms, it takes so long to open account, deposits & withdrawals with LMAX. But the lucky thing is its cost is reasonable. The broker is suitable for those who want to trade with large sizes.
2023-01-26
Reply
Mohammad Aziz Uddin Chowdhury
7-12 months Standard Account Australia
No slippage is impossible. Occasionally there will be one or two points of slippages. My opinion is that the platform is available without malicious slippage, and the execution speed is very fast.
2023-01-14
Reply
Niloy
7-12 months Standard Account Cyprus
The spread is low, the server is perfect, and the most important thing is that it is a regulated broker! A commendable platform, I recommend it to friends with good trading skills and a lot of money!
2022-10-20
Reply
Muhammad C
1-3 years Standard Account Chad
Withdrawals are difficult, please think twice if you want to trade with this broker. It's a long road to debt, and I don't know when it will end. I have been failing to withdraw money, wasting too much time and energy. I thought about spending money to buy a lesson, but I am still not reconciled!
2023-09-13
Reply
Ilia Foo
Chile
The money has not been credited to the trading account. 3600 dollars hung in the air and it is not clear where they are. It's been 3 weeks already. Support writes that he passed my appeal to the financial department. Yes, for sure there is no sense in it.
2023-09-06
Reply
Avv Rosita Chukhno
Kuwait
The LMAX is not keen on investment services or passive income, and this is its biggest drawback. However, here you can join an affiliate program and earn on leads because the rewards are high, and there are no problems with payments.
2023-09-01
Reply
Yiannis
Latvia
I do a little trading. Commission costs are small, but there is a $300 monthly fee for using the software. The software itself is not bad, but the payment for it is painfully expensive. I don't know yet if I will stay on this platform any further.
2023-08-30
Reply
Haitham Ebrahim
Andorra
The broker specially makes the conditions for thr demo better in order to lure more people into real money, after deposit the fund to real account, the profit will drop and everything will merge completely.
2023-08-23
Reply
Chris A Zacharia
0-6 months Standard Account Chile
The spreads and overnight fees of Stock Indexes such as S&P are very cheap. Moreover, the spreads are relatively stable, even lower than the IC Markets. Maybe you should focus on Stock Indexes, which is safe and cost-effective.
2023-05-06
Reply
Maria
0-6 months Standard Account Sweden
Have used it for half year, so far, it is very good, spread is not very high. the platform is also very good. now reliable. Good luck to all!
2023-04-29
Reply

1-10 of 32 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.