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    Regulated

    LMAX Global

    LMAX Global

    United Kingdom
    10-15 years Regulated in United Kingdom Market Making(MM) MT4/5 full license Regional Brokers
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    Score
    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    10
    License Index 8.37
    Risk Management Index 0.00
    Software Index 7.02
    Business Index 8.17
    Regulatory Index 8.34
    Company Abbreviation

    LMAX Global

    Registered country

    LMAX Global United Kingdom

    Company Name

    LMAX Global

    Company address

    --

    Website

    https://www.lmax.com/

    Financial Conduct Authority
    FCA Regulated

    Market Making(MM)

    Cyprus Securities and Exchange Commission
    CYSEC Regulated

    Straight Through Processing(STP)

    Financial Conduct Authority
    FCA Exceeded

    Investment Advisory License

    Broker Information

    Customer Service Phone Number

    +44 20 3192 2555

    Customer Service Email Address

    info@lmax.com

    Company summary More
    Let me correct the erro.
    Pyramid scheme complaint
    Expose

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    WikiFX Risk Alerts
    2
    2021.10.27
    The number of the complaints received by WikiFX have reached 28 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    This broker exceeds the business scope regulated by United Kingdom FCA(license number: 509778)Investment Advisory Licence Non-Forex License, please be aware of the risk!
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core

    1G

    40G

    $ 1.38/month
    Open immediately

    Benchmark

    Trading environment rating source: real trading data of 86,771 WikiFX VPS users

    Average transaction speed(Millisecond)
    Statistics on the time taken from the submission of an order to its execution by the server among orders. The smaller the value the better for the investor.
    366.1
    The fastest transaction speed(Millisecond)
    Statistics on the minimum time taken from order submission to server execution among orders.
    275
    Average disconnection frequency(Times/day)
    The average number of automatic disconnections of the trading software per day. The smaller the value, the more stable the trading server is.
    0
    Average reconnection time(Millisecond)
    The average time for the trading software to reconnect automatically if disconnection occurs. Smaller value indicates faster reconnection
    0
    Average trading slippage
    The difference between the requested price of a trade and the price at which the trade is executed.Negative slippage is beneficial to the investor, positive slippage is the opposite.
    0.4
    Maximum transaction slippage
    Counting the maximum slippage in an order
    6
    Average transaction cost
    Statistics on the sum of the average spread and commission cost for 1 lot of mainstream currency trading. The smaller the value the better for the investor.
    EURUSD 10.16USD/lot
    XAUUSD 39.43USD/lot
    Average Rollover Cost
    Statistics on the average rollover cost for 1 lot of mainstream currency trading (rollover fees for long orders, rollover fees for short orders). The investor's cost is lower
    EURUSD Long: -6.19USD/lot Short: -2.38USD/lot
    XAUUSD Long: -13.3USD/lot Short: -11.48USD/lot
    Unable to withdraw Unable to withdraw
    There was an anniversary celebration last night and I made an appointment for 100000 and deposited 50000. Then I could not withdraw. It asked me to deposit 50000 further. Is this a scam?
    FXUUYpiq6268

    2021/10/20 3:49:09

    Scam The platform keeps letting me recharge, but it doesn’t let me withdraw money
    When I first started trading on this platform, it was very successful. Later, I booked an event customer service, and he told me that I could withdraw money by charging 50,000. I charged it but the withdrawal was unsuccessful. The customer service said that I did not have a turnover account, so it was frozen. I can withdraw money only when I have an VIP account, and I need to charge more than 60,000. Then I tried a way to charge it, but I couldn't withdraw money. I asked the customer service again, and the customer service said that a dedicated channel was needed for payment, so I need to pay another 30,000 deposit to get money. Now I don't have the money to pay the security deposit, and money has been scammed by the platform.
    FXHDWmmn0645

    2021/9/27 16:23:18

    Resolved Unable to withdraw and the account funds will be frozen if personal tax is not paid.
    Unable to withdraw and the account funds will be frozen if personal tax is not paid. The deposit is not recorded. It is easy to withdraw money in the early period, but you cannot receive a response even waiting for three days.
    FXFDHcpf9374

    2021/9/13 15:10:17

    Scam Induced fraud
    It is said that you can’t withdraw funds when you are in a leapfrog operation. First you will upgrade your membership, then you will make up your deficit, then you will make up your deficit, then you will buy a security certificate, and then you will be called a deposit. This is not an induced fraud. Don’t believe it in the future. These ones
    FXUHDuhh8032

    2021/4/14 6:03:14

    Unable to withdraw Unable to withdraw
    First, I bought a member, and later it was called no shortfall. Later, I bought a voucher, and later I paid a deposit. It said manual remittance. It has been more than ten days until now. I asked the customer service before and said it was queued to 389. Then there was no reply. Until today I can’t even enter the customer service. I can’t inquire. I can check everything else on the platform, but the customer service can’t enter the inquiry. I don’t understand what this platform means. The money is given, but I can’t enter the customer service to inquire. I don’t know this. Was it induced to pay, and then cried after paying? Is this a fraud?
    FXUHDuhh8032

    2021/4/11 13:54:44

    Unable to withdraw Unable to withdraw in LMAX Global
    When I withdrew once, I said that the account was frozen, and I had to recharge the relative amount to withdraw funds. After I rushed, I said that the account was frozen, and there was no turnover, and I couldn’t withdraw funds. I was asked to upgrade to a VIP customer to withdraw funds. I had to recharge 18 thousand. Later, it was said that the account was unfrozen and the deposit of 28888 was required to withdraw funds, so there was still no withdrawal.
    FXPWKjuo6328

    2021/3/21 11:42:56

    Unable to withdraw Unable to withdraw
    What happened? Verification is needed when I wanna withdraw funds. And I need to pay margin, 30% of my account balance.
    FXUYCauq8280

    2021/3/2 12:37:55

    Unable to withdraw Unable to withdraw
    I met a woman named Liu Changjing on WeChat. She gave me an app to download and deposit. It was profitable but I can not withdraw funds and my account has been frozen. Be careful. The following is this person’s WeChat avatar and the app downloaded for me
    FXSAXjld7307

    2021/1/28 0:06:21

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    LMAX Global · MT4/5
    Identification Result MT4/5 full license
    The formal brokers with MT4/5 full license offer complete system service and follow-up technical support. In general, their businesses and techniques are relatively mature and the risk management abilities are much stronger.
    LMAXNZ2-DEMO
    MT4
    Server Name
    LMAXNZ2-DEMO
    Most visited countries/areas
    Ireland
    LMAXNZ2-LIVE
    MT4
    Server Name
    LMAXNZ2-LIVE
    Most visited countries/areas
    United Kingdom
    LMAX Global · Website

    Most visited countries/areas

    Russia Cyprus Uzbekistan
    lmax.com
    Server Location
    South Korea
    Most visited countries/areas
    Russia
    Website Domain Name
    lmax.com
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    13.124.166.164
    Website
    --
    Company
    --
    lmax.nz
    Server Location
    Belgium
    Most visited countries/areas
    --
    Website Domain Name
    lmax.nz
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    35.205.112.159
    Website
    --
    Company
    --

    LMAX Global

    Free CompensationMore details

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    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      LMAX Broker Limited

      Effective Date :

      2017-12-15
    • Email Address of Licensed Institution :

      info@lmax.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.LMAX.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Yellow Building 1A Nicholas Road London W11 4AN UNITED KINGDOM

      Phone Number of Licensed Institution :

      442031922576
    • Licensed Institution Certified Documents :

      LMAX Broker Limited FCA20190812.jpg View Certified Documents LMAX 监管号截图.png View Certified Documents
    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      LMAX BROKER EUROPE LIMITED

      Effective Date :

      2016-08-08
    • Email Address of Licensed Institution :

      compliance.europe@lmax.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.lmax.com/global//eu

      Expiry Date :

      --
    • Address of Licensed Institution :

      16 Spyrou Kyprianou, 2nd Floor, 3070 LiMassol

      Phone Number of Licensed Institution :

      +357 25 056 217
    • Licensed Institution Certified Documents :

      LMAX BROKER EUROPE LIMITED 20191231更新 View Certified Documents LMAX BROKER CySEC20200325更新 View Certified Documents CB Capital CYSEC牌照.png View Certified Documents LMAX Global CySEC监管截图更新20210719 View Certified Documents LMAX Broker cysec20200519更新 View Certified Documents
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      LMAX Limited

      Effective Date :

      2010-07-27
    • Email Address of Licensed Institution :

      millarc@lmax.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.LMAX.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Yellow BuildinG 1 Nicholas Road London W11 4AN UNITED KINGDOM

      Phone Number of Licensed Institution :

      +44 02031922514
    • Licensed Institution Certified Documents :

      LMAX_FCA交易商监管信息表_查询结果 View Certified Documents 509778 FCA 20200303 View Certified Documents

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    LMAX Global

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    LMAX Global
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Confirm

    LMAX Global · Company summary

      Gernal Information & Regulation of LMAX Global

      LMAX Group is the holding company of LMAX Exchange, LMAX Global and LMAX Digital, registered address: Yellow Building, 1A Nicholas Road, London W11 4AN. LMAX Group is a global financial technology company and the leading independent operator of multiple institutional execution venues for FX and crypto currency trading. With offices in 9 countries and a global client base, the Group includes matching engines in London, New York and Tokyo. LMAX Global is a regulated broker for FX, metals and commodities worldwide, with LMAX Broker Limited regulated by FCA in the UK, regulatory license number 783200, LMAX BROKER EUROPE LIMITED regulated by CySEC, license number 310/16.

      Market Instruments

      Investors can trade all of LMAX Global's instruments, including forex, indices, stock indices, commodities, precious metals, cryptocurrencies, and weekend forex.

       Minimum Deposit of LMAX Global

      LMAX Global set up different minimum deposit requirements in light of traders from different countries. For traders in New Zealand, there is no minimum deposit required, while traders in UK or EU zone are requirement a minimum deposit of $10,000 or base currency equivalent.

    image.png

      Leverage of LMAX Global

      In terms of trading Leverage, LMAX Global offers investors flexible leverage, with maximum trading leverage of 1:200 for majors, 1:100 for minors, 1:100 for major indices, 1:100 for gold, and 1:100 for commodities.

      Spreads & Commissions of LMAX Global

      The minimum spread for EURUSD is from 0.2 pips, for GBPUSD from 0.2 pips, for EURGBP from 1.0 pips, for spot gold from 3.2 pips, for spot silver from 0.18 pips, for USOil (spot) from 0.20 pips, and for UKOil (spot) from 0.22 pips. The minimum spread for the AUS200 is from 0.20 pips, and the minimum spread for the UK100 is from 2.2 pips. As for comissions, LMAX Global claimes that its account holders are eligible for a competitive commission rate structure, dependant on their level of trading activity. Financing charges are applied to all CFD positions held through the market close each day. Financing charges will be applied according to the following schedule.

    image.png

      Markets Data Fees of LMAX Global

      Traders are charged a market data fee for trading through LMAX Global, which includes, among other things, a monthly connection fee of $300, a deep/full order (only connection fee for users with more than $500 million in monthly trading volume) of $2,000, and access quote (minimum trading fee for users) of $2,000, and a weekend FX $1000 (only connection fee for users with more than $500 million in monthly trading volume). The inactivity fee is $1,000 per port per month. White Label's initial setup fee is $5,000, and subsequent fees are offset by a minimum monthly transaction fee of $2,500. Inactive accounts (personal accounts) pay $50 per month, and inactive accounts (corporate accounts) pay $100 per month.

      Trading Platforms of LMAX Global

      LMAX Global firstly introduces some third party trading platforms, including AlphaNovae, MultiCharts, PTMC, Sierra Charts, , TSLab, then providing MT4/5 bridge which enable brokers to connect through their MT4/5 servers to all LMAX Global markets, and some Turnkey broker solutions including Protrader, ACTForex, ACTForex .

      

      

      

      

      

    Risk Warning

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    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.