LMAX Global licence record
Is LMAX Global regulated by the CySEC?
Yes, according to our records. LMAX Global is matched to a licence from the Cyprus Securities and Exchange Commission (Cyprus). Confirm it on the register before relying on it.
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What the CySEC licence means
Our records show that, LMAX Global holds a licence from the Cyprus Securities and Exchange Commission (CySEC), the financial regulator for Cyprus. We classify the CySEC as tier 2 — strong regulation. Credible regulators with real rulebooks, but fewer safeguards than tier 1 (e.g. no compensation scheme or looser leverage rules).
For LMAX Global clients whose account is held by its CySEC-regulated entity, the key protections are: compensation — Investor Compensation Fund (ICF) — up to €20,000; retail leverage — 30:1 on major FX pairs (ESMA rules); negative balance protection — mandatory for retail clients; client money — Client funds segregated under MiFID II. Disputes can be taken to Financial Ombudsman of Cyprus.
LMAX Global is also matched to licences from FCA. FCA is rated higher than the CySEC in our methodology, so if you are eligible for that entity you may get stronger protection.
Protection at a glance
- Regulator tier
- Tier 2 — Strong regulation
- Compensation scheme
- Investor Compensation Fund (ICF) — up to €20,000
- Retail leverage
- 30:1 on major FX pairs (ESMA rules)
- Negative balance protection
- Required for retail clients
- Client money
- Client funds segregated under MiFID II
- Complaints
- Financial Ombudsman of Cyprus
How to verify this licence
- Open LMAX Global's client agreement or website footer and note the exact company name and CySEC licence number.
- Search that name or number on the official CySEC register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (lmax.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the CySEC warnings page and IOSCO I-SCAN for the brand name.
LMAX Global's other licences
Frequently asked questions
Is LMAX Global regulated by the CySEC?
Our database records LMAX Global as holding a licence from the Cyprus Securities and Exchange Commission. Confirm the current status on the CySEC register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/
Does the CySEC licence protect all LMAX Global clients?
No. It protects clients whose account is with the specific LMAX Global company licensed by the CySEC. Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for LMAX Global clients under the CySEC?
Investor Compensation Fund (ICF) — up to €20,000
What leverage can LMAX Global offer under the CySEC?
30:1 on major FX pairs (ESMA rules)