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LMAX Global Ltd foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://lmaxgloballtd.com/en, about the company's legal and temporary regulatory information, the company's address 110 William St, New York, USA.

LMAX Global Ltd Forex Broker

Basic information

Registered region
United States
Operating period
--
Company Name
LMAX Global Ltd
Abbreviation
LMAX Global Ltd
Company employee
--
Company address
110 William St, New York, USA
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

LMAX Global Ltd Review SummaryFounded2024Registered Country/RegionUnited StatesRegulationNo regulationMarket InstrumentsLondon gold, Gold T + D, Paper gold, Physical goldDemo AccountLeverage1:500Trading PlatformST5 Trading PlatformMinimum Deposit/Customer SupportEmail: support@lmaxgloballtd.comAddress: 110 William St, New York, USA

LMAX Global Ltd Information

  LMAX Global Ltd is an unregulated financial services provider that offers trading services in gold-related products like London gold, Gold T + D, Paper gold, and Physical gold viathe ST5 Trading Platform.

Pros & Cons

ProsCons
  • High Leverage
  • No Regulation
  • No Demo Account

Is LMAX Global Ltd Legit?

  LMAX Global Ltd currently lacks valid regulation, which raises significant concerns about its safety and legitimacy.

Market Instruments

  LMAX Global Ltd offers various gold-related products, including London gold, Gold T + D (or Gold Tomorrow), Paper gold, and Physical gold.

  London gold refers to gold traded on the London Bullion Market, a global over-the-counter market for wholesale trading of gold and silver.

  Gold T + D contracts allow traders to buy or sell gold at a predetermined price for delivery on a specified future date.

  Paper gold typically refers to gold investments that are not physically backed by the metal, such as gold futures or exchange-traded funds (ETFs).

  Physical gold involves the direct purchase or sale of physical gold bullion or coins.

How to Open an Account?

  • Step 1: Click the button ''Opening a real account'' on the homepage.
  • Step 2: Note that due to policy reasons, services are not provided to NorthKorea, lsrael, China, Vanuatu, and Cuba.
  • Step 3: Click on the ''Register'' option.
  • Step 4: Follow the on-screen instructions to input your personal and contact details.
  • Step 5: Click on the ''Register'' option to finalize the creation of your account.

Leverage

  LMAX Global Ltd provides a maximum leverage ratio of 1:500. This ratio signifies that for every dollar deposited, traders can control $500 worth of trades. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

  LMAX Global Ltd caters to its clients' trading needs with the ST5 Trading Platform, which is designed to offer advanced features and cutting-edge technology, empowering traders with the tools they need to analyze markets, manage positions, and execute trades with precision.

Customer Service

  LMAX Global Ltd can be reached through:

  Email: support@lmaxgloballtd.com

  Address: 110 William St, New York, USA

Conclusion

  In conclusion, LMAX Global Ltd is a broker who focuses on gold-related trading with high maximum leverage through the ST5 trading platforms. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.

Frequently Asked Questions (FAQs)

  Is LMAX Global Ltd regulated?

  No. It has been verified that this broker currently has no valid regulation.

  Does LMAX Global Ltd offer demo accounts?

  No.

  Does LMAX Global Ltd offer industry-leading MT4 & MT5?

  No. Instead, it offers ST5 Trading Platform.

Risk Warning

  Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

LMAX Global Ltd broker review
LMAX Global Ltd safe or scam

Rating Index

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Latest Reviews

Sarah607

Sarah607

Laos

I have paid a tax of 8% which amounts to a total of $52,458.25, and after I made the payment, I still cannot withdraw money from this platform. This platform is a scam that causes people to lose money and cannot withdraw funds. It is a fake platform.

Exposure

2024-12-14

FX1132211073

FX1132211073

Vietnam

I have tried it, I was able to withdraw money for the first time, but not the second time. I want to know the reason.

Exposure

2024-12-08

Ishaan 604

Ishaan 604

Nigeria

Well, how should I say? It's hard to get a strong read on LMAX Global. I didn't trade quite long here. They're not terrible, but they're not amazing either. They just kind of exist.

Neutral

2024-07-11

LMAX Global Ltd Forex Broker has an overall rating of 1.22, Regulatory Index 0.00, License Index 0.00, Business Index 4.76, Software Index 4.00 Risk Control Index 0.00.