LMAX
-
Platform
LMAX Web -
Min deposit
$10000 -
Min lot
0.1 lot -
Spreads
0.36 pips -
Broker Type
DMA/STP -
Regulated
FCA UK
LMAX is a Forex Broker . It started opening it’s doors to clients in 2010 , establishing it’s offices in United Kingdom , . LMAX (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $10000.
LMAX offers accounts in: USD Account, EUR Account, GBP Account, AUD Account, CHF Account, JPY Account, CAD Account, SEK Account, SGD Account with variable spreads. The lowest spread offered in EuroDollar is 0.36 pips.
It’s platform (LMAX Mobile/iOS/BlackBerry/Web ) can be traded on iOS|BlackBerry|Web| , it offeres a Discounted commission rates feed. The platform is set on GMT and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 100 : 1 Standard Account
On it’s platforms: LMAX Web, you can set No Trailing Stoploss, No OCO orders, No One click trading, furthermore it offers Mobile trading, Webtrading and 67 fx pairs (33 exotic). Among the foreign exchange products you can also trade, Gold, Silver, Futures, Indices, Commodities.
LMAX (Forex Broker) is regulated by FCA UK, and is a Independent broker..
For all those wondering on the payment and withdrawal method, here is a list of funding methods:
Payments:Bank Wire, Credit Card, Debit Card
Withdrawals from your FX account:Bank Wire, Credit Card, Debit Card
Please take the opportunity to review LMAX, your feedback is appreciated.
LMAX - Specs
Broker
| Broker Type | DMA/STP |
| Broker Country | United Kingdom |
| Regulation | FCA UK |
| Indipendant Broker | Independent broker. |
| Year in Industry | 2010 |
Account
| Accept US Clients | Yes |
| Mini account deposit | $10000 |
| Standard account deposit | $50000 |
| Trading account currency | USD Account, EUR Account, GBP Account, AUD Account, CHF Account, JPY Account, CAD Account, SEK Account, SGD Account |
| Leverage Account | 100 : 1 Standard Account |
| Minimal size lot | 0.1 lot |
| Leverage Mini account | Mini Account, Standard Account |
Payments
| Funding method | Bank Wire, Credit Card, Debit Card |
| Withdrawal method | Bank Wire, Credit Card, Debit Card |
Costs
| Commissions | yes |
| Costs & Spreads | variable |
| Costs/Lowest spreads on EURUSD | 0.36 pips |
Trading
| Premium trading | Discounted commission rates |
| Scalping | yes |
| Hedging | |
| EAs allowed | n/a |
Platform
| Trading platform type | LMAX Mobile/iOS/BlackBerry/Web |
| Platform time zone | GMT |
| Decimal pricing | 5 digits |
| Trailing stops | No Trailing Stoploss |
| OCO orders | No OCO orders |
| One click | No One click trading |
| Mobile trading | |
| Webtrading | |
| API Solutions |
Products
| Currency pairs | 67 fx pairs (33 exotic) |
| Exotic Pairs | Exotic Forex Pairs |
| Gold Silver | Gold, Silver |
| CFD Trading | CFD trading |
| Other instruments | Futures, Indices, Commodities |
Other
| MAM PAMM LAMM | MAM |
| Managed Accounts | No |
| Swap free accounts | No |
| Segregated client accounts |
Promotions and Offers
| Bonuses (T&Cs apply) | No |
| Contests | No |
