About LMS
Company Overview
LMS (АО «Инвестиционная компания ЛМС») is a Russian investment company based in St. Petersburg. It was founded on June 22, 2021, according to our records, though the company's website suggests a longer operational history dating back to 1997. The firm specializes in securities brokerage and trust management, primarily serving Russian clients through the Moscow Exchange and over-the-counter markets.
The broker's official domain is lmsic.com, and its registered address matches the one listed on its website. LMS operates as a stockbroker rather than a forex or CFD dealer, focusing on equities, bonds, derivatives, and certain foreign exchange products available on the Moscow Exchange.
Regulatory Status
Our records indicate that LMS has no regulators on file, which is a cause for caution. However, the company's website claims to hold licenses from the Central Bank of Russia for brokerage, dealer, and trust management activities, and it states membership in SRO NAUFOR. These claims have not been independently verified by FXCanary. Traders should conduct their own due diligence before engaging with this broker.
The discrepancy between our records and the company's claims may be due to incomplete data; the licenses mentioned on the website appear to have been issued in 2003, predating our recorded founding date of 2021. This suggests the entity may have a longer history under a different registration or corporate structure.
Services and Platforms
LMS offers brokerage services on the Moscow Exchange, covering the equity, derivatives, and foreign exchange markets. It also provides trust management services and OTC trading for securities. The website mentions analytical support and trade settlement services.
Specific platform details are not prominently advertised on the site. The broker appears to cater to individual and institutional investors seeking access to Russian markets, rather than retail forex traders. There is no mention of popular trading platforms like MetaTrader 4 or 5, nor of leveraged forex or CFD products typical of international brokers.
Account Types and Funding
The website does not provide detailed information about specific account types, minimum deposits, or accepted funding methods. Clients are directed to contact the company for further details. This lack of public information on account structures and fees makes it difficult for potential clients to compare offerings.
Given the broker's focus on the Russian market, it likely supports ruble-denominated accounts and local payment methods, but this is not explicitly stated. Traders outside Russia may face access restrictions or language barriers, as the website is primarily in Russian.
Target Audience
LMS targets Russian investors interested in domestic securities markets, including stocks, bonds, and derivatives on the Moscow Exchange. The firm emphasizes its experience in over-the-counter assets and consolidation services for large shareholders.
International traders seeking forex or CFD trading with leverage will not find suitable products here. The broker is best suited for those comfortable with the Russian regulatory environment and who require direct access to Russian exchanges. Given the lack of independent regulatory oversight, risk-averse traders may wish to exercise caution.
Overview compiled by FXCanary from regulatory records and public data. full LMS review