FCA — United Kingdom
LMAX Group
Regulated
LMAX Group Review — Overview
Regulation
Tier-1 regulated
Licence
FCA • CYSEC
Licence status
Regulated
Max. leverage
1:100
Instruments
Forex, precious metals, stock indices, commodities
Operating
Est. 2010
Main market
US
Entity
LMAX Group
Website
Unknown
LMAX Group is a forex & CFD broker based in United Kingdom, established in 2010. On Trust Broker Hub it holds a Trust Score of 6.1 out of 10, which we rate as Fair — above the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
Crucially, LMAX Group is regulated by FCA and CYSEC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
LMAX Group provides access to Forex, precious metals, stock indices, commodities. Published conditions include leverage up to 1:100. No complaints are currently on record. Overall, LMAX Group has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
8.10
Data completeness
5 of 10 facts verified
50% ×0.75
Trust Score
6.1 / 10
Trust Score history
LMAX Group currently scores 6.1/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
CYSEC — Cyprus
LMAX Group
Licence
Tier 2 · Mid
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, precious metals, stock indices, commodities, cryptocurrencies |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:100 |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Available |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on LMAX Group
Our analysis · editorial
6.1/10
A mixed risk profile
LMAX Group holds a tier-1 regulatory licence among its 2 registrations (FCA, CYSEC). Based in United Kingdom, it has been operating for about 16 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.1/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (FCA, CYSEC)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 16-year operating track record
- No complaints on record with us
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
LMAX Group — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag LMAX Group here if that changes.
Full specifications
Regulated region
United Kingdom
Operating period
15-20 years
Main market
US
License status
Regulated
Instruments
Forex, precious metals, stock indices, commodities, cryptocurrencies
Year founded
2010
Frequently asked
Is LMAX Group a safe broker?
LMAX Group scores 6.1 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the LMAX Group trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from LMAX Group?
LMAX Group publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.