Information | |
---|---|
Broker | LMAX |
Company | LMAX Limited # 06505809 |
Year since | 2010 |
Headquarters | London, United Kingdom |
Regulation | FCA(UK) # 509778 |
Model | STP+DMA |
US Clients | ![]() |
Min Deposit($) | 10000 |
ECN Account Min Deposit($) | ![]() |
ECN Commission($)/rtl(Round Turn Lot) | – |
Offer Fixed Spread | ![]() |
Offer Variable Spread | ![]() |
EURUSD Lowest spreads (pips) | >0 |
Account Currency | USD, EUR, GBP, AUD, CHF, JPY, CAD, SEK, SGD |
Max Leverage | 100 |
Minimal Lot | 0.1 |
Deposit Method | Bank Wire, Credit Card, Debit Card |
Withdrawal method | Bank Wire, Credit Card, Debit Card |
Scalping | ![]() |
Hedging | ![]() |
All EAs Allowed | – |
Currency Pairs | 67 (33 ) |
Gold | ![]() |
Gold Spread(100oz) | 36 |
Silver | ![]() |
Silver Spread(5000oz) | 20 |
Oil | – |
CFDs | ![]() |
Other Instruments | Futures, Indices, Commodities |
MAM/PAMM Accounts | MAM |
Managed Accounts | ![]() |
Swap-free accounts | ![]() |
Segregated Accounts | ![]() |
Interest on Margin | ![]() |
Bonuses & Rewards | ![]() |
Trading contests | ![]() |
Trading platform | LMAX |
Platform Execution | Market execution |
Platform Time Zone | GMT |
Trailing stops | ![]() |
OCO orders | ![]() |
One-click execution | ![]() |
Trade with mobilephone | ![]() |
Trade in browser | ![]() |
API | ![]() |
Company: LMAX Limited # 06505809
Submit your review | |
LMAX robbed $3668 from me. They are not “Exchange” as they said, they are liars.
On Dec 16th, 2014 they suddenly changed the USD/RUB margin requirement to 100% and they sent an email to me only 8 minutes ago. After that they closed my position as soon as possible. Before that I use margin level no more than 50%. I have sufficient maintain margin.
Margin requirement of 100%? Do you believe it? This is just to close all your position.
This is robbing, I am sure.
Do not trade on this platform, for I have traded for more than 3 years, this is the only company that can do like this, directly rob your money to their pockets.
LMAX fills are very fast and I don’t see any slippage issues (under 1 standard lots).
They also offer free multicharts, which is great for order management and charting.
Their spreads are low, but low spreads means nothing at face value, can they fill 5 standard lots with minimal slippage within milliseconds? I have traded with LMAX, terrible slippage and spreads blow out in Asian session. I’m sure they will get better in the future, however at the moment I will choose other brokers. Amongst experienced traders I’ve spoken to there are still questions about their liquidity pool.