LMAX brokers review by ForexSQ, Our expert financial advisors conducted list of top Lmax Forex brokers, Read all about LMAX exchange like what is LMAX minimum deposit or how to open free Lmax demo account.
What is LMAX exchange
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LMAX Exchange provides the exclusive profits of exchange quality implementation, comprehensive pre and post-trade transparency and a safe, level playing field for all FX market members.
In 2008, London Multi Asset Exchange or LMAX Exchange was founded and is domiciled in London, United Kingdom. It bought out its parent company in 2012 and in 2014 it opened an office in Hong Kong.
LMAX is not a usual financial broker. Though it is categorized as a CFD and FX broker, it is the main Multilateral Trading Facility or MTF is regulated by means of the Financial Conduct Authority and is well-defined as such by means of MiFID. It was established to provide the profits of exchange quality implementation to both sell-side and buy-side trading organizations.
LMAX Exchange will not receive liability for any damage or loss, comprising shorn of limitation to, any loss of profit, which might come indirectly or directly from usage of or dependence on such information. Not any warranty or representation is given as to the completeness or accuracy of the above information. Whereas the created information was acquired from sources considered to be trustworthy, LMAX Exchange does not deliver any assurances about the reliability of such sources. Therefore, any person performing on it does so completely at his or her individual risk. It is not a place to slander, usage improper language or to endorse LMAX Exchange or any other Spread Betting, Forex and CFD provider and some such postings, unjust or extreme comments and attacks will not be permitted and will be removed from the site instantly.
LMAX is distributed into 3 different kinds of trading. Inside the Professional part, the LMAX Prime Account delivers admittance to LMAX Exchange, topmost tier international banks and ECN liquidity along with the numerous liquidity sources which can be personalized to a trader’s requirements. Demo account is presented as there are most possibly plenty of dealers who could usage the chance to practice trading devoid of risking any of their assets.
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The LMAX provides mobile app for all memberships and it provides real-time price updates, complete trading functionality and exchange quality implementation speeds. It as well arises with a Me2 mirror trading (only in iPad) ability, social news feed and is presently the only trading app presenting complete market depth. It is presented for Android and iOS devices and from App Store of Google Play it can be downloaded.
LMAX Forex Brokers
Few forex brokers provide LMAX trading platform, Z.com broker is one of top LMAX Forex brokers, The LMAX minimum deposit with this broker is from $100.
We will add more LMAX brokers to this list if other brokers provide LMAX exchange platform to their trading platforms.
LMAX Brokers Conclusion
Also being unclear, there seems to be lots of missing information. Afterward concluding that there is little info about its platforms, or how an account can be financed or information is presented only later an account has been opened. Quiet it is regulated and has won numerous awards for service and presentation so it must be deed something correct. Finally, I conclude that LMAX exchange is not for beginner traders.