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LMAX

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8.0
( 22 Reviews )

Founded: 2010 Min Deposit: 10000 USD

Headquarters: - Max Lev: 1 : 30

Score
Business Scope
8.3
Trading Cost
8.0
Trading Platforms
7.5
Support
7.6
Licence Status

operate with regulation licenses

CySEC 310/16
FCA 509778
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

IBs

Kyushu International Forex rebate network

2016

: China

: -

: -

Kurrency Softech

2010

: United Kingdom

: -

: -

Account & Cost Deposit & Withdrawal Company & Service Broker News Related Complaints Reviews

Deposit and Withdrawal

7.0

Good

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

Riina Sulonen Leaves LMAX as Head of Marketing 2021-12-01
Riina Sulonen has resigned from the role of Head of Marketing at LMAX Group, the leading independent operator of institutional execution venues for FX and cryptocurrency trading.
LMAX Appoints Paul Ainsworth as Head of Institutional Sales for Americas 2021-07-09
LMAX Group, the leading independent operator of institutional execution venues for FX and cryptocurrency trading, has appointed Paul Ainsworth as the company's Head of Institutional Sales for Americas. He will report to Patrick Bartle, Managing Director for Americas at LMAX Group and will be based in New York.
LMAX Group Selects Pyth Network to Enter DeFi Space 2021-06-23
LMAX Group, the leading independent operator of institutional execution venues for FX and cryptocurrency trading, announced that it has become the first major institutional exchange to join the Pyth Network (Pyth), a decentralised financial market data distribution network.

Related Complaints

Q&A

Can I have Islamic account in LMAX？

Gcobisa
Jamaica
2022-09-02
ANSWER LMAX is regulated and supervised by the UK Financial Condudt Authority (FCA) with license No. 509778, and the Cyprus Securities and Exchange Commission (CySEC) with license no. 310/16. As for the question you asked, 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

8.0
22 Reviews

Cost 8.0

Platforms 7.5

Deposit & Withdrawal 7.0

Customer Support 7.6

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 Do Not Recommend High Swap Fee

22 Reviews

Sort by

Abdul Quddus Chowdhury

2021-01-26 0-6 months Standard Account
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.
Canada
Helpful
Not helpful

Mohammad Aziz Uddin Chowdhury

2021-01-14 7-12 months Standard Account
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.
Australia
Helpful
Not helpful

Niloy

2020-10-20 7-12 months Standard Account
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!
Cyprus
Helpful
Not helpful

Michael Li

2022-12-28 Over 3 years Standard Account
LMAX is a real trading environment, not a market maker. The transaction is very smooth and the customer's capital is guaranteed
United Kingdom
Helpful
Not helpful

Hammad

2022-08-11 7-12 months Standard Account
I almost gave up , the experience was bad , withdrawal processing was not getting successful but after I reported to Finance Chargeback，it got resolved.
Jamaica
Helpful
Not helpful

Maria

2022-04-29 0-6 months Standard Account
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!
Sweden
Helpful
Not helpful

Elvis

2022-04-01 7-12 months Standard Account
Good honest broker, the only reason why I don't give them 5 stars is because of their meager leverage....1:100 is not realistic in today's trading environment.....
United Kingdom
Helpful
Not helpful

Michal

2022-01-20 7-12 months Standard Account
Lmax are by far the most professional company when it comes to forex . Best spreads and ok commission . Their is no fancy sexy looking platform , it’s all about execution . Withdrawals are the fastest in the industry.
Saudi Arabia
Helpful
Not helpful

romrom daspan

2022-01-20 0-6 months Standard Account
employees are not professional they never have the right answers to your questions when you ask them.
Germany
Helpful
Not helpful

Fedor

2021-11-15 0-6 months Standard Account
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.
Mexico
Helpful
Not helpful

1-10of 22 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.