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LMAX Global: professional FX access, firm-limit liquidity and separate weekend accounts

A permanent profile of LMAX Global’s professional broker route, execution model, connectivity, costs, Weekend FX and deliverable-FX accounts, plus selected regional companies.

By FXBrokers editorial deskOperating status: ActiveSources checked Published Updated
Profile scope

The service is directed primarily at professional and institutional clients. Standard, Weekend FX and deliverable-FX routes are separate accounts with different funding and product mechanics.

  • The standard professional account publishes a USD 10,000-equivalent initial deposit, while deliverable FX uses a USD 50,000-equivalent threshold.
  • LMAX’s execution proposition centres on firm limit-order liquidity, strict price/time priority and no last-look rejection—not a fixed retail spread.
  • Weekend EUR/USD and USD/JPY are separate 24/7 rolling CFDs with 1% margin and an independently funded account.

Accounts & headline costs

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LMAX Global is built around professional access to firm limit-order liquidity rather than a mass-retail spread account. Its defining features are a central-limit-order-book style execution environment, strict price/time priority, no “last look” rejection and multiple connectivity routes. The minimum funding and API requirements reinforce that professional positioning.[1][2][5][4]

The service also contains distinct account layers that should not be merged: the ordinary professional FX/CFD account, an independently funded Weekend FX account and a UK deliverable-FX route with its own USD 50,000 minimum. One brand therefore covers several execution and settlement relationships.[6][7]

Broker essentials01

Broker essentials

Broker essentials
MeasureValueContext
Primary audienceProfessional and institutional clientsThe global and UK pages are directed at professional/institutional clients.Source 2Source 6
Minimum initial depositUSD 10,000 equivalentPublished for the standard LMAX Global account.Source 3Source 4
Instrument accessMore than 100 instrumentsFX, metals, equity indices, commodities, crypto CFDs and Weekend FX are named.Source 2Source 1
Matching locationsLondon, New York, Tokyo and SingaporeGroup infrastructure and liquidity pools are identified across the four centres.Source 2Source 8
Execution claimAverage matching speed 3 millisecondsA company-reported figure, not an independent latency test for every client route.Source 2
Account comparison02

Three account relationships

Three account relationships
RouteOpening / funding pointInstruments and mechanicsAccess
LMAX Global professional accountUSD 10,000 equivalent initial deposit100+ FX/CFD instruments; variable spreads and activity-based commissionWeb, mobile, API, FIX and bridge routesSource 4Source 1Source 5
Weekend FX accountSeparate independently funded accountEUR/USDw and USD/JPYw rolling CFDs; weekday positions remain separateGUI, mobile, API, FIX and ITCHSource 6
Deliverable FXUSD 50,000 equivalent minimumPhysical FX conversion/settlement rather than a leveraged rolling CFDWeb, mobile and API; UK service scopeSource 7
Protections & eligibility03

Who the service is designed to serve

Who the service is designed to serve
Client / usePublished fitKey evidence to confirm
Professional traderLarge initial funding, variable commission and institutional liquidityProfessional classification and account agreement.Source 4Source 2
Broker or institutionFIX/API, full-book data and matching locationsConnectivity, market-data, prime and credit arrangements.Source 5Source 8
Weekend hedgerTwo weekend FX CFDs in an independent accountSettlement methodology and gap risk around the weekday market.Source 6
Deliverable FX userLarge conversion/settlement transactionsQuoted all-in rate, value date and beneficiary details.Source 7

View full spreads & trading costs

Products & platforms

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Platforms & products04

Access methods

Access methods
RoutePublished capabilityRequirement or limitation
Web GUIProfessional browser interfaceDirect access without a custom integration.Source 5
MobileAccount and trading accessDepth display and functionality differ from FIX.Source 5
FIX 4.4 / Java / .NET APIAutomated trading and up to 20 levels of depth via FIXLicence agreement and implementation expertise required.Source 5
MT4/MT5 bridgesBridge access to LMAX liquidityA bridge is not a native retail MetaTrader account schedule.Source 5
Cross-connect / hosted networksLD4, NY4 and TY3 routes plus providersInfrastructure choice affects latency and cost.Source 5
Pricing & charges05

Weekend FX contract specification

Weekend FX contract specification
InstrumentMarginContract / tickAccount consequence
EUR/USDw1%10,000 contract; 0.00001 tick worth USD 0.1024/7 rolling CFD; separate from weekday EUR/USD.Source 6
USD/JPYw1%10,000 contract; 0.001 tick worth JPY 1024/7 rolling CFD; separate account funding.Source 6
Position relationshipIndependentWeekend positions do not offset weekday positions or marginRealised P/L can be transferred on request.Source 6

Fees & holding costs

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Pricing & charges06

Cost and funding terms

Cost and funding terms
ItemPublished treatmentWhat remains to establish
Initial depositUSD 10,000 equivalentThe standard professional-account threshold.Source 4
Base currenciesGBP, EUR, USD, AUD, CHF, JPY, PLN, SEK, SGD, HKD and HUFFunding and settlement still depend on the account.Source 4
FundingBank transfer and debit/credit cardProvider and regional details follow the account process.Source 4
SpreadVariableHistorical spread data is referenced; no single fixed spread represents the service.Source 4
CommissionActivity-dependent rate structureA commercial quote is needed for the client’s expected volume.Source 4

Rolling FX financing is a separate cash entry based on the currency interest-rate differential and an LMAX premium; weekend and holiday rolls reflect the longer period. The UK FAQ still displays LIBOR-labelled CFD examples, so those dated reference-rate examples should not be used as a current executable financing quote. The operative instrument information and agreed commission schedule are needed for a current total cost.[10]

Execution & trading rules

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Platforms & products07

Execution structure

Execution structure
FeaturePublished designPractical consequence
LiquidityStreaming firm limit ordersA displayed price is intended to be executable rather than subject to last-look rejection.Source 1Source 2
Order priorityStrict price/time priorityOrders at a price are sequenced by arrival time under the stated rules.Source 1
AnonymityBuyers and sellers matched anonymouslyThe counterparty is not selected through a dealer-facing retail ticket.Source 2
Market dataStreaming full order bookFIX can expose up to 20 levels of depth.Source 1Source 5
ReportsWeb and FIX Drop CopyExecution and reconciliation data can be delivered separately from the order channel.Source 1

The distinction between no last look and no slippage is essential. Firm displayed liquidity removes one rejection mechanism; it does not guarantee that a market order or a large order will fill entirely at one price. The order book and the client’s execution instruction still determine the result.

Deposits, withdrawals & transfers

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LMAX Broker Limited’s January 2026 terms permit withdrawal of cleared positive cash subject to available margin, foreseeable close-out losses, legal checks and set-off. Bank-holder evidence can be required. Once those conditions are satisfied, the contract requires processing by the second business day after the request; it does not guarantee bank arrival that day. Cash and cheque deposits are not accepted.[9]

Protection & regulation

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Entities & regulation08

Selected LMAX Global companies

Selected LMAX Global companies
Legal entityAuthority / referencePublished regional role
LMAX Broker LimitedFCA 783200United Kingdom investment-firm broker route.Source 2Source 6
LMAX Broker Europe LimitedCySEC 310/16European investment-firm route; company HE 346613.Source 2
LMAX New Zealand LimitedFSP612509New Zealand financial-service-provider registration.Source 2
LMAX Broker Mauritius LimitedMauritius FSC GB19025016Mauritius-regulated broker company.Source 2

For professional clients and eligible counterparties, clause 18 of the January 2026 UK terms applies a title-transfer collateral arrangement unless otherwise agreed. Ownership of that money passes to LMAX, CASS client-money segregation does not apply, and the customer ranks as a general creditor on insolvency. An agreed opt-out, or the contract’s dormant-account treatment, restores client-money treatment. The classification and signed agreement therefore determine whether a professional balance is segregated.[9]

Headquarters
London, United Kingdom
Founded
LMAX Group operating history dates to 2010
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

LMAX Broker Limited

United KingdomSource 2Source 6

Licences and regulatory records for LMAX Broker Limited
Issuer & identifierRecorded statusDate & scope
Financial Conduct Authority783200Not verifiedChecked 9 Oct 2026FCA investment-firm reference published by LMAX Global. Company-published licence reference; the cited material is not an independently retrieved current regulator match. This evidence label is not a finding of unlicensed activity.Source 2Source 6

LMAX Broker Europe Limited

CyprusSource 2

Licences and regulatory records for LMAX Broker Europe Limited
Issuer & identifierRecorded statusDate & scope
Cyprus Securities and Exchange Commission310/16Not verifiedChecked 9 Oct 2026CySEC investment-firm licence published by LMAX Global. Company-published licence reference; the cited material is not an independently retrieved current regulator match. This evidence label is not a finding of unlicensed activity.Source 2

LMAX New Zealand Limited

New ZealandSource 2

No separate licence entry is recorded in this panel.

LMAX Broker Mauritius Limited

MauritiusSource 2

No separate licence entry is recorded in this panel.

Opening an account & support

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The published UK complaints policy uses +44 20 3192 2555 and [email protected]. An unresolved complaint receives acknowledgement within three business days and a written response within eight weeks. Eligible customers can refer the dispute to the Financial Ombudsman Service, ordinarily within six months of the final response. The policy’s availability does not mean every institutional or professional complainant meets the Ombudsman’s eligibility test.[11]

Additional Information

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LMAX Global’s distinguishing feature is market structure rather than a headline “from” spread. The useful comparison asks how an order enters, what liquidity is firm, which account funds the position, which company serves the client and what the complete connectivity-and-commission package costs.

Follow the evidence

Sources & further reading

  1. LMAX Global UK overview LMAX Group · Accessed 9 Oct 2026
  2. LMAX Global company and entity overview LMAX Group · Accessed 9 Oct 2026
  3. LMAX Global account FAQs LMAX Group · Accessed 9 Oct 2026
  4. New client information and account FAQs LMAX Group · Accessed 9 Oct 2026
  5. LMAX Global access methods LMAX Group · Accessed 9 Oct 2026
  6. Weekend FX instruments LMAX Group · Accessed 9 Oct 2026
  7. Deliverable FX service LMAX Group · Accessed 9 Oct 2026
  8. LMAX Group overview LMAX Group · Accessed 9 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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