LMAX Global Review
LMAX Global is a well-established broker since 2008. LMAX Global has headquarters in United Kingdom and Cyprus. LMAX Global to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by FCA 509778 and CySEC 310/16.
Major Information
💲 Min Deposit $10000
⚖ Max Leverage 1:30
💡 Min Position 0.01 lot
🌐 Website www.lmax.com
⌛ Year Established 2008
Not yet rated
Company Information
Features
👨💻 PAMM
📁 Segregated accounts
📈 Managed accounts
📊 MAM
Account Information
Apart from the forex demo account, this broker offers Professional. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by LMAX Global is up to 1: 30. Meanwhile, you can open an account with a starting capital of $10000.
Min Deposit
$10000
Max Leverage
1:30
Spread
Fixed
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $10000
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, LMAX Global also offers some instruments you would like to trade on, such as Forex, CFD, Oil, Stocks, Indexes and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Professional account, LMAX Global specifically provides it with the following instruments and leverage:
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
LMAX Global also provides payment with Crypto and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, LMAX Global offers you MetaTrader 4.
Customer Support
Do you have any question or find any trouble related to LMAX Global? If you do, you should reach LMAX Global's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About LMAX Global
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if LMAX Global is a good broker for you or not by reviewing the criteria. In general, LMAX Global provides trading service in Forex , CFD , Oil , Stocks , Indexes and Crypto . As for the payment methods, you can choose between Wire transfer, Credit/debit cards and Crypto. The customer support is available via Email and Phone.
The starting capital in LMAX Global is $10000.
LMAX Global is regulated by FCA 509778 and CySEC 310/16. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
LMAX Global is a brokerage company offering trading services for clients since 2008 with offices in United Kingdom and Cyprus.
