Pros
  • 100+ trading instruments
  • Spreads from 0.2 pips
  • No withdrawal fee
Cons
  • The minimum deposit is USD 10,000
  • The fee for using the platform is USD 300 per month
  • No PAMM or copy trading

Reviewed broker: LMAX Global

Operated under: LMAX Global is a trading name of LMAX Broker Limited, LMAX Broker Europe Limited, LMAX New Zealand Limited. LMAX Global is part of LMAX Group

Regulation:  UK (FCA)

Location: United Kingdom, Cyprus, New Zealand

Trading instruments: Currency pairs, CFDs on indices, metals, energy, Cryptocurrencies

Latest Awards:

2023

Best Execution Venue – Finance Magnates Awards

Best Cryptocurrency Exchange – Finance Magnates Awards

Best Crypto Trading Platform – Financial News Awards

Best Exchange – Hedgeweek European Digital Assets Awards

Trading Conditions and Features

Transparent price discovery and tight spreads

Firm limit order liquidity with no ‘last look’ rejections

Complete trading anonymity – conflict free and neutral

Low latency execution

LMAX Global – key features

  • Tight spreads on streaming firm limit order liquidity from top tier financial institutions
  • Over 100 instruments: FX, metals, equity indices, commodities and crypto CFDs
  • Reliable, high performance proprietary technology – 100% exchange uptime (last 12months)
  • Strict price/time priority order matching
  • Real time reporting and reconciliation
  • Real time, full order book market and trade data –Fee Schedule
  • Competitive commission and overnight financing rates*
  • Clearing via margin account
  • Global liquidity pools in Equinix London (LD4), New York (NY4) & Tokyo (TY3)

LMAX Platforms

Multiple platforms are made available by the platform for users based on their investment portfolio, users can choose as per their requirements. As per the reviews, different types of trading accounts are mentioned below:-

Mobile

LMAX has a user-friendly mobile app that enhances the experience of the trading app and is easily accessible by android and IOS users. The customers get ultra-fast trading facilities, FX trading market data, and the latest updates of the finance world at the touch of their hands. An additional VWAP feature gives users real-time access to all LMAX liquidity pools and over 20 levels of market depth for all tradable assets.

Web Trader

LMAX offers a customer-friendly, easily navigated website that provides users direct access to the live feed of all LMAX Global markets worldwide. The users can trade anonymously and efficiently without having to download anything on their devices.

API Trading

Application Programming Interface technology aids the trading in automating FX trading and CFD trading that can provide them free access to live markets of LMAX Global. The users also get a risk-free demo account for practice.

MT4/MT5 Bridges

These types of platforms are most suitable for forex brokers. The accounts are loaded with advanced tools, live price feeds, and an updated news section.

Customer support

Customer Services Team offers 24-hour support from Sunday 22.00 – Friday 22.00 UK time. You can get in touch with support via phone, live chat or email.

Payment Methods

LMAX Global currently offers accounts denominated in GBP, EUR, USD, AUD, CHF, JPY, PLN, SEK, SGD, HKD and HUF. We accept funds via bank transfer and debit/credit card.

$10,000 (or base currency equivalent) is the minimum initial deposit for an LMAX Global Account. 

LMAX Global Account holders are eligible for a competitive commission rate structure, dependant on their level of trading activity

How was the rating of LMAX performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on LMAX FX broker performance and features. 

Overall our online LMAX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online LMAX or you find inaccurate details LMAX broker review please get in touch with us and the changes will be applied.  

LMAX Global Details

Trading Platforms:
Payment Methods:
Maximum Leverage:
Languages:
Minimum Deposit:
© ForexExplore.com 2007 – 2024 Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2024, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.