LMAX Global
LMAX Global offers institutional FX/CFD liquidity from multiple global venues.
LMAX Broker Limited · London, UK · last re-checked 2026-09 · evidence score 81/100
Licence, read on the register
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| FCA | 783200 | UK | tier-1 | open source ↗ |
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme. Rows without a tier are recorded without classification rather than guessed.
Where the published model fits
- Institutional brokers seeking reliable FX liquidity
- Funds requiring access to multiple asset classes
Watch for
- Verification of self-measured liquidity claims
- FCA licence tier implications for service scope
LMAX Global operates as LMAX Broker Limited, regulated by the FCA in the UK. The firm provides liquidity across various asset classes with no 'last look' pricing. Its claims of tighter spreads and deep liquidity should be evaluated against its regulatory framework and operational history.
Testable claims
- LMAX Global is a trading name of LMAX Broker Limited, authorised and regulated by the FCA as an Investment Firm, FRN 783200 (UK company 10819525) — stated on lmax.com/global/uk
- Global exchange infrastructure based in Equinix LD4, NY4, TY3 and SG1, with downloadable per-venue instrument lists for London (LD4), New York (NY4), Tokyo (TY3) and Singapore (SG1)
- Prices for all LMAX liquidity pools with up to 20 levels of market depth; no 'last look'; VWAP prices for specified order size
- Site states services are not directed at residents of jurisdictions where FX and/or CFD trading is restricted or prohibited
Claims that remain the venue's own measurement
- 'Tighter spreads' and 'deep institutional liquidity in over 100 instruments' are the firm's own marketing characterisations (instrument count is their published figure)
