LMAX Review


LMAX Exchange Group is a global, high-growth financial technology company that was launched in 2010 to offer exchange-execution style and a regulated, rules-based trading environment that is governed by the LMAX Rulebook. It ensures a fully transparent and fair execution for all clients and market makers, offering tight spreads that starts from 0.2 pips.

LMAX Review - LMAX Awards
LMAX Review – LMAX Awards

The broker offers over 100 financial instruments across multiple tradable assets, such as forex bullion, metals, indices, commodities, and crypto CFDs. They provide traders with multiple sophisticated trading platforms including the MT4 and MT5 trading platforms.

LMAX Platforms & Tools

The broker provides traders with a range of powerful and sophisticated trading platforms, including the MT4 and MT5 trading platforms, which are amongst the most popular trading platforms in the online trading industry. MT4 is replete with tools to help analyze the financial markets. It was developed in 2005 by the Russian Software company, MetaQuotes. The platform provides traders with live price feeds, intuitive technical charts, analytical tools, and up-to-date financial news to help keep traders in the know about events taking place in the market place.

MT5 was developed later in 2010 to succeed the MT4, and it has all the features of MT4 plus more, including multiple indicators and an intuitive user interface. Both the MT4 and MT5 are available as a desktop application for Windows and Mac computers, web platform that runs directly on most modern web browsers, and mobile apps that are designed for iOs and Android devices.

LMAX Review - Mobile Trading Platforms
LMAX Review – Mobile Trading Platforms

There is also the LMAX Global Mobile Trading app, which is made for Android and iOS devices and is seamlessly integrated with all LMAX Global Markets, delivering fast trading access with the latest VWAP FX market data and up-to-the-minute Forex news at the touch of a screen. The LMAX Global web trading technology has an easy-to-use interface and gives traders access to all LMAX Global markets whilst requiring no downloads or installations.

LMAX Review - Economic Calendar
LMAX Review – Economic Calendar

Clients also get access to the API Trading technology, which aids them to automate FX trading and CFD trading, along with a range of useful standalone trading tools, such as Economic Calendar, Economic News, and Global FX Insights.

LMAX Research & Education

The broker’s website has a wide range of tutorial videos that are geared towards improving traders’ skills and knowledge whilst keeping them informed about the factors that move the markets. There is also a frequently asked questions (FAQ) section on the broker’s website, which has answers to clients’ common questions.

LMAX Review - Tutorial Videos
LMAX Review – Tutorial Videos

LMAX Trading Accounts

The broker offers clients two account types: Individual Account and Corporate Account. Both accounts have variable spreads and require a minimum deposit of $10,000 or the equivalent in the base currency. Demo Accounts are available for practice purposes; they are recommended for beginner traders who wish to try out the broker’s platforms and practice their own strategies with virtual funds before opening a live trading account

LMAX Account Funding

The broker only accepts Bank transfer and Debit/Credit Cards for account funding and withdrawals. Some payment methods may not be available to some specific countries, whereas the transaction processing time may vary depending on the payment method in use.

LMAX Review - Funding Options
LMAX Review – Funding Options

LMAX Customer Service

LMAX has a multilingual customer support team that offers a 24- hour support from Sunday 22:00 to Friday 22:00 UK time. They can be contacted during trading hours via telephone, online live chat, or by email.

LMAX Regulation

LMAX Global is a company registered in England and Wales (number 10819525), as well as in Europe and New Zealand as LMAX Broker Europe Limited and LMAX New Zealand respectively. It is authorized and regulated in multiple jurisdictions as follows:

  • LMAX Broker Limited is authorized and regulated by the Financial Conduct Authority as a broker and an authorized payment institution (firm reference number: 783200).
  • LMAX Broker Europe Limited is authorized by the Cyprus Securities and Exchange Commission (CySEC) with registration number 310/16.
  • LMAX Digital Broker Limited is authorized by the Gibraltar Financial Services Commission under license number FSC1342B and is a company registered in Gibraltar (Number 117528).

LMAX Review Summary

LMAX Exchange Group is a global, high-growth financial technology company that operates an exchange, the LMAX Exchange, which offers multiple tradable assets for online trading via a variety of sophisticated trading platforms. They are regulated in multiple jurisdictions, including the FCA, CYSEC, and more.














  • Intuitive and powerful MetaTrader platforms
  • Offers over 100 financial instruments
  • API
  • Some educational resources