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2026 Annual Reviewv2026.2

Desk file · 2026 edition · record confidence: medium

LMAX Global

LMAX Global: the commercial figures are advertised by the firm; each register entry carries its own status and source. An unexamined field remains unknown.

EUR/USD not verified pips · cost per 10 lots $not verified · minimum deposit not verified · leverage cap 1:200 (Financial Services Commission (Mauritius)) (as advertised by LMAX Global, 2026-10 · source)

Measured

What the two desk scores say

These brand scores retain their original assessment inputs; current factual rows are listed separately.

Cost scorePriced off the spread basis below, not off a headline rate card.not verified
Safety scoreWeighted on licence tier and on how many of the entries we could re-read at source.not verified
Cost per 10 lotsTen round-turn EUR/USD lots priced at the spread basis, commission excluded.not verified

Spread basis. not examined. Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.

Register

Licence entries, one row per entity

Source links and named entities supplied with the current registration rows.

RegulatorLicence no.JurisdictionTierLicensed entitySource
Cyprus Securities and Exchange Commission310/16CYT2entity not examinedcysec.gov.cy
Financial Conduct Authority (UK)783200GBT1entity not examinedregister.fca.org.uk
Australian Securities and Investments CommissionAUT1not verifiedentity not examinedasic.gov.au

Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.

On the record

What we were able to confirm

Confirmed at source

  1. LMAX Group was established in London in 2010.
  2. LMAX Global offers an exchange-style central limit order book with no last look execution.
  3. LMAX Global: software as advertised by the firm, 2026-10 (https://www.lmax.com/global/mu/new-clients)
  4. LMAX Global: leverage as advertised by the firm, 2026-10 (https://www.lmax.com/global/mu/new-clients)
Gaps

Not verified

Not verified

The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:

  • public listing status
Foundednot verified
Head officenot verified
Minimum depositnot verified
Leverage cap1:200 (Financial Services Commission (Mauritius)) (as advertised by LMAX Global, 2026-10 · source)
EUR/USDnot verified pips
Tier-1 entries1
Record confidencemedium
Access

Platforms and account types on file

Platforms

MetaTrader 4MetaTrader 5Proprietary web platform

Account types

LMAX Global MU accountDemo

Markets

not verified