LMAX Global vs Plus500: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeLMAX GlobalPlus500
Licence Score61Moderate92Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record210
1 FCA United Kingdom LicensedLicensed · FRN 509909
1 ASIC Australia —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore —Licensed
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand —Licensed
2 EFSA Estonia —Licensed
4 FSA (Seychelles) Seychelles —Licensed
Founded20102008
HeadquartersUnited KingdomIsrael
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoLSE:PLUS
PlatformsProprietary, MT4Proprietary
Minimum deposit—US$100
VisitVisit siteVisit site

Frequently asked questions

Is LMAX Global or Plus500 better regulated?

Plus500 has the higher Licence Score (92 vs 61), based on the number and tier of licences, operating history and public listing.

Which regulators license both LMAX Global and Plus500?

Both are matched to licences from FCA and CySEC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.