https://www.lmax.com/
Website
Benchmark
C
Average transaction speed (ms)
MT4/5
Full License
LMAXNZ2-DEMO
Influence
B
Influence index NO.1
Speed:AAA
Slippage:D
Cost:AA
Disconnected:AAA
Rollover:D
MT4/5 Identification
Full License
Influence
B
Influence index NO.1
Single Core
1G
40G
Danger
+44 20 3192 2555
+64 4889 4510
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LMAX Group
LMAX Group
United Kingdom
Pyramid scheme complaint
Expose
Money has been detained and unable to withdraw. Please deal it with fairness. I had no other choice.
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.
The withdrawal was refused, indicating that the account was suspected of making illegal profits and has been frozen. If you need to withdraw, you need to deposit the same amount of balance to unfreeze. The user did not deposit and found that the account was emptied the next day, and the balance was reset to zero.
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.
Unable to withdraw. All the money was locked. Money will be cleared to zero without withdrawal. How to resolve it.
I’m thinking about whether to continue to deposit. I feel that it is too difficult about endless traps. I feel that I can’t withdraw my hard earning money and it is impossible to get help from others. Should such platform be blocked?
This woman is a liar, failed to seduce, and began to curse. Everyone wiped their eyes, this kind of platform can only enter and not come out, and the platform salesmen promise to protect their capital. After inferior, regular platform salesmen are not allowed to do transactions, and the platform promises to protect their capital? ? ?
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?
What happened? Verification is needed when I wanna withdraw funds. And I need to pay margin, 30% of my account balance.
There is an anniversary event today and offering gift money so I deposit ten thousands, but I cannot withdraw then. It requires me to deposit another ten thousands in order to wihtdraw. Why you do not state clearly when you have this event.
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
At first, do mission 120000 After completing the mission, it was announced that the profit received was higher than the profit that the company had set. and let the compensation mission increase to 500000 of the next round of missions When finished, there are still 550000 final missions. Another time, at that time, the funds were no longer available. and force him to complete the mission until he can withdraw The company has borrowed 550000 until the mission is completed. Is not willing to do the last round like being forced to do And what should people who do not have money to return? If I don't return the portion borrowed from the company, I can't withdraw it. What should I do?
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?
There is an anniversary event today and offering gift money so I deposit ten thousands, but I cannot withdraw then. It requires me to deposit another ten thousands in order to wihtdraw. Why you do not state clearly when you have this event. I won't make appointment if you state it clearly.
there is a little balance left which use for many years. I cannot withdraw them at first because the account has been freezed. It requires lots of documents. I unfreeze the account first and then it is able to withdraw. although it is complicated process but the fund withdraw successfully at the end. People may refer my case if you have similar situation.
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.
Company Summary
Company profile
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.
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.
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 .
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