LMAX Review 2021 | Detailed Information about FBS Forex Broker - BrokersView
Is LMAX a Scam or Not? Detailed LMAX Review, which is a must read before you trade with this Forex broker. Read all LMAX pros and cons, full description of trading accounts, platforms, spreads, promotions.

LMAX

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Founded: 2010 Min deposit: 10000 USD

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

+44 2031922555 info@lmax.com https://www.lmax.com/
Score
8.5 Very Good
10 Reviews

low spreads 4

low swap fee 1

high swap fee 1

trading problems 5

fast execution 1

deposit/withdrawal problems 3

slippage problems 1

complicated registration process 1

8.3 Business Scope

Trading instrument and serviced countries

8.5 Trading Cost

Spread and commission

7.8 Trading Platforms

Trading software and multi-end trading

8.5 Customer Support

Customer support and value-added services

Good Reputation
Fast Order Execution
Strict Regulation
100+ Trading Instruments
Tight Spread
Leverage Limit
Multiple Base Currencies Support
Is LMAX a Scam or Not? Detailed LMAX Review, which is a must read before you trade with this Forex broker. Read all LMAX pros and cons, full description of trading accounts, platforms, spreads, promotions.
Abdul Quddus Chowdhury
Jan 26, 2021
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.
Is LMAX a Scam or Not? Detailed LMAX Review, which is a must read before you trade with this Forex broker. Read all LMAX pros and cons, full description of trading accounts, platforms, spreads, promotions.
Mohammad Aziz Uddin Chowdhury
Jan 14, 2021
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.
Is LMAX a Scam or Not? Detailed LMAX Review, which is a must read before you trade with this Forex broker. Read all LMAX pros and cons, full description of trading accounts, platforms, spreads, promotions.
Niloy
Oct 20, 2020
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!
Licence Status

operate with regulation licenses

LMAX Review 2021 | Detailed Information about FBS Forex Broker - BrokersView
CySEC 310/16
Is LMAX a Scam or Not? Detailed LMAX Review, which is a must read before you trade with this Forex broker. Read all LMAX pros and cons, full description of trading accounts, platforms, spreads, promotions.
FCA 509778

Deposit and Withdrawal

8.0

Very 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
Offices Set in
United Kingdom,  United States,  Singapore,  New Zealand
Founded 2010
Broker Type
MTF
Time Zone GMT
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows
Contact
Address
Yellow Building, 1A Nicholas Road London W11 4AN, United Kingdom
Phone Number
+44 2031922555
Email
info@lmax.com
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 Appoints Paul Ainsworth as Head of Institutional Sales for Americas Jul 09, 2021
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.
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LMAX Group Selects Pyth Network to Enter DeFi Space Jun 23, 2021
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.
See more
LMAX Digital: $400B of Crypto Currencies Traded After 3 Years of Operation May 25, 2021
LMAX Digital, an institutional spot crypto currency exchange and part of the LMAX Group, announced on Monday that it has traded $400 billion worth of crypto currencies during its first three years of operation.
See more

Overall Score

8.5 Very Good

10 Reviews

Cost 8.5

Platforms 7.8

Deposit & Withdrawal 8.0

Customer Support 8.5

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

10 reviews

Abdul Quddus Chowdhury

Jan 26, 2021 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

Jan 14, 2021 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

Oct 20, 2020 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

Mohammad Burhan

Feb 01, 2021 0-6 months Standard Account
I currently think this platform is the best I have ever used, and the cost is so low that it can be ignored.
Israel
Helpful
Not Helpful

Md Arif Hossain

Jan 26, 2021 Not used yet Standard Account
It's good in all aspects. After you choose to deposit by this way, it will be paid within 2 working days. The network connection is good, wifi and 4G connections are very smooth, but it is inconvenient to view pictures on mobile phones and modify stop-loss. I can't open a position under extreme market conditions, so I don't know if there is a slippage or disconnection.
India
Helpful
Not Helpful

Dimitris

Dec 23, 2020 Over 3 years Standard Account
The platform is very good, almost no overnight interest. I think it is suitable for long-term traders.
Estonia
Helpful
Not Helpful

Nurlan

Dec 16, 2020 0-6 months Standard Account
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.
United Kingdom
Helpful
Not Helpful

Timur

Nov 26, 2020 1-3 years Standard Account
In short, people who are used to using MT4 must choose this one. I think LMAX pays a lot of attention to the MT4 platform, which is why I choose to cooperate with it for a long time.
New Zealand
Helpful
Not Helpful

Mika

Sep 21, 2020 0-6 months Standard Account
What will happen if the position cannot be closed!!!
Nigeria
Helpful
Not Helpful

Miroslav

Feb 01, 2020 0-6 months Standard Account
I switched to this platform at the end of last year. For now, everything is as they advertised. I hope that the follow-up will continue to be as strong as ever.
Brazil
Helpful
Not Helpful
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