LMAXFX Forex Broker

Note: LMAXFX is to operate via the website - http://www.lmaxfortw.com/index/index/index/token/656dccca41833bd6cbe620784223f519.html, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. 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 contained in this article is for general information purposes only. General Information & Regulation LMAXFX is allegedly a forex broker registered in China. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc. As for regulation, it has been verified that LMAXFX currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.27/10. Please be aware of the risk. Market Instruments LMAXFX is presented as a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet. Customer Support Unluckily, we didn‘t find any useful information about LMAXFX’s customer support on the Internet. Generally, regulated brokers will reveal their telephone numbers, email or company address to let their clients get in touch with them. Pros & Cons Pros Cons N/A • No regulation • Website inaccessible Frequently Asked Questions (FAQs) Q 1: Is LMAXFX regulated？ A 1: No. It has been verified that LMAXFX currently has no valid regulation. Q 2: Is LMAXFX a good broker for beginners？ A 2: No. LMAXFX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.