Liberty Market Investments (LMI) is a UK-based proprietary trading firm.
Founded in 2018, the company aims to provide transparent recruitment programs for beginner and professional futures traders alike and to help everyone grow their trading skills in order to apply them in the global financial markets the best way.
Activation fees apply on some account sizes.
Fortunly Rating
Fortunly's Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
- High profit split offer
- 14-day free trial
- Users have free access to the VolFix platform
- Wealth of educational materials and tools
- Built-in risk management system
- No automatic subscription renewals
- Only futures trading allowed
Liberty Market Investment Overview
The LMI company is owned and operated by Liberty Market Investment ltd, based in Ipswich, United Kingdom.
The company was built around the idea of providing a transparent and competitive prop trading service for futures traders of all experience levels, offering a great support structure and industry-leading profit splits to traders around the world.
Evaluation Program
The evaluation program structure is immediately different from that of most of the companies on the market.
While other firms mostly stick to a two-step evaluation process, LMI switched to a single-stage Qualifying Session approach, meaning that you can get to a funded account much quicker.
The 1-Stage evaluation process called the Qualifying Session is based all around the Consistency Target rule.
This means that in order to qualify, you will have to show a constant profit growth in your account, learn how to operate with risk and avoid having your best day profit reach 50% or more, in which case you will need to keep trading until the best day percentage of your total profit is below that 50% threshold.
The initial rule values for the Qualifying Pro evaluation are:
|
Account Size |
Profit Target |
Best Day Profit (Consistency Target) |
|
|
$50,000 |
$3,000 |
Less than $1,530 |
|
|
$100,000 |
$6,000 |
Less than $3,060 |
|
|
$150,000 |
$9,000 |
Less than $4,590 |
|
If your best day profit becomes more than 51% (or 52% for the Mini account) of the current target profit, a new profit target will be calculated.
For example, if you opt for a $50,000 account, and your best day profit goes above the $1,530 consistency target to let’s say $2,000, the new calculated profit target will be $2,000 / 0.51 = $3,921.56.

There are no time limits on completing evaluation process, other than the need to extend your 15- or 30-day subscription if you don’t achieve the goal before that, and if you’ve broken any of the rules, you can restart the evaluation stage for as little as $23, depending on your plan.
Subscription costs start at $35/15 days for the Mini $10,000 plan, and go up to $130/30 days for the Extra $300,000 plan. There are activation fees on some account sizes, ranging from $0 to $130 depending on the plan, so be aware of that before going for a larger account.
LMI does not impose daily loss limit rules, but you have to respect the Maximum trailing drawdown rules, meaning that your account balance must not go below the stated threshold at any time.
LMI also applies a Daily Pause limit during the Qualifying Session.
Funded Account
Once you’ve passed the evaluation process and prove that you can manage risk and investor capital, you will move to the final stage, called the Funded Session.
Note that sometimes you’ll have to wait for a day or two in order to get your contract papers and account details and be ready to trade with a funded account.

The LMI Funded Session account features one of the better offers we’ve encountered so far, with 100% of all withdrawals up to a total of $30,000 going to the trader, after which the profit split becomes 90/10, and funded traders earn 90% of all future profits. Traders from the same household share one profit split.
LMI has stated that traders may have up to five active Funded Session accounts at one time.
All withdrawals are made through the payout process described in LMI’s help center, with payout requests processed every Tuesday and Friday, a minimum payout amount of $250, and eligibility after at least five qualifying trading days if the account also meets the balance and consistency requirements.
In terms of fees for a funded account, you will have to pay a monthly exchange fee directly from the account balance.
For example, the Futures exchange costs $13/month, while the EUREX exchange fee is set at €20/month. LMI also gives funded traders one month of free access to all VolFix modules, after which traders can continue from the desktop bar chart or buy a discounted VolFix futures-markets subscription.
The company also recently introduced a Consistency Target rule to its funded accounts, with a 50% consistency target, which is now one of the requirements for withdrawal requests. After each withdrawal you make, the consistency target will be reset once again and calculated using trades made after your withdrawal request is completed.
The Funded Session account payout model now includes a Safety Net balance requirement and a maximum of six payouts per account, with payout caps depending on account size and payout number.
Trading Platforms & Instruments
All trading on LMI goes exclusively through the well-known VolFix trading platform, which is one of the only notable downsides we can point out, simply due to the fact that there are some prop firms on the market which provide a wider choice to their traders, and feature more popular and widespread platforms.
However, due to the connection between Volfix and LMI, the most reliable execution and technical capabilities are provided to the client, which are not usually available with other prop companies.
The Volfix platform was created in 2006 and is designed for volume analysis. With Volfix you will have the key to understanding all market processes, and the ability to analyze and interpret trading volume will put you on a par with professional traders. LMI’s Trade Report module is available in both the desktop version of VolFix Anywhere and the mobile version of VolFix.
You can access the VolFix platform on desktop and mobile, including Android and iOS apps.
The platform itself is minimalistic and fairly easy to use, featuring a built-in risk management system and a great deal of customizability, allowing you to tailor the platform to your personal trading needs.
For example, you can see a chart trading interface we’ve used below.

VolFix also has a built-in LMI Trade Report feature, accessed through the “Component” button on the Market Watch window you can see above.
In the LMI Trade Report, you can track your trading statistics and all the historical data regarding your successes or rule breaks, making it easier to adjust or improve your strategy.

In terms of instruments, LMI offers a large selection of future markets to trade with on the VolFix platform.
You can trade in equities, cryptocurrencies, forex, agricultural and interest rate futures, on a number of different US and EUREX exchanges.
LMI also allows intraweek overnight trading for Qualifying and Funded Sessions, with exceptions for certain products and schedules.
Liberty Market Investment users can also take part in VolFix traders’ competitions, which are completely free to join and are designed to further improve your trading skills.
The prizes for winners include free Qualifying Session accounts and Traders’ Recruitment Program discounts, with the prizes going to the trader who gets maximum profit at the end of a competition.
How LMI Compares to Other Prop Trading Firms
Futures
From $35
100% on first $30,000 and then 90%
Futures
From $49 on the Standard path, or $109 on the No Activation Fee path
90% in the funded account model
Forex, Cryptocurrencies, Indices
From $80
Up to 95%
Customer Support & Satisfaction
LMI has a dedicated customer support team which can be reached through email and the on-site contact form, and provides a wealth of educational and helpful content on their platform, making it extremely easy to find an answer to any question that you may have. The site also promotes a Discord community.
Customers themselves have a mixed overall rating of the platform, as LMI has a 3.3-star Trustpilot score based on 23 reviews.
Our Verdict
All in all, Liberty Market Investment represents a solid choice for prop traders of all experience levels, even though we recommend it more to traders with previous trading history and knowledge of the industry.
With one of the best profit split offers on the market and a highly specialized and customizable futures trading platform, it is a great choice for those traders that can take the full advantage of what LMI has to offer.
That said, you should weigh the platform lock-in, account-specific activation fees, and stricter funded payout rules before signing up.
FAQ
Does Liberty Market Investment offer a free trial?
Yes. LMI offers its traders a 14-day free trial for its Qualifying Session, which lets you test the program before paying for a standard account.
What platform does Liberty Market Investment use?
LMI uses VolFix only for both evaluation and funded trading. That makes it more specialized than prop firms that support multiple platforms, but it also means platform choice is limited.