LMAX Global regulation & licences
Licences on record 2
1 Tier 1 — top-tier regulation
2 Tier 2 — strong regulation
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
LMAX Global is a forex & CFD broker founded in 2010 and headquartered in United Kingdom. It is part of LMAX Group.
In our database LMAX Global is matched to 2 licences from FCA and CySEC. At the top of that list, the FCA (United Kingdom) is among the regulators we classify as tier 1 — regulators that combine high capital requirements with meaningful retail protections.
Depending on the entity, eligible clients may be covered by FSCS (FCA) and Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under FCA and CySEC rules. Retail leverage caps apply at the FCA and CySEC-regulated entities (for example 30:1 on major FX pairs at FCA).
LMAX Global provides access to its own proprietary platform and MT4.
Regulatory strengths
- Licensed by 1 tier-1 regulator (FCA)
- Operating for about 16 years
- Compensation scheme available at FCA and CySEC entities
- Negative balance protection required at some entities
Points to check
- No specific concerns from our licence data
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 FCA | FSCS — up to £85,000 per eligible client per firm | 30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices) | Required for retail clients | Financial Ombudsman Service (FOS) |
| 2 CySEC | Investor Compensation Fund (ICF) — up to €20,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman of Cyprus |
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LMAX Global regulation FAQ
Is LMAX Global regulated?
Yes — in our database LMAX Global is matched to 2 licences: FCA (United Kingdom) and CySEC (Cyprus). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is LMAX Global a tier-1 regulated broker?
LMAX Global holds 1 licence from regulators we classify as tier 1: FCA.
Does LMAX Global accept US clients?
LMAX Global is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so LMAX Global generally cannot accept US retail forex clients.
Is my money protected with LMAX Global?
Clients of LMAX Global's FCA and CySEC-regulated entities may be eligible for statutory compensation (FSCS — up to £85,000 per eligible client per firm; Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
How can I verify LMAX Global's licence?
Find the company name and licence number in LMAX Global's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.