June 05, 2020

Top Forex Brokers

Updated information about LMAX Global Broker

Reviewed broker: LMAX Global

Operated under: LMAX Global is a trading name of LMAX Broker Limited, LMAX Broker Europe Limited, LMAX New Zealand Limited. LMAX Global is part of LMAX Group

Location: Yellow Building, 1A Nicholas Road, London W11 4AN

Transparent trading on tighter spreads

LMAX Global is an FCA regulated Broker for FX and part of the LMAX Exchange Group. LMAX Global offers brokers and professional traders the ability to trade on the LMAX Exchange central limit order book, offering tighter spreads on streaming firm liquidity from top tier banks and proprietary trading firms.

LMAX Global – global liquidity – exchange quality execution

Transparent price discovery and tight spreads

Firm limit order liquidity with no ‘last look’ rejections

Complete trading anonymity – conflict free and neutral

Low latency execution

FCA regulated and committed to the FX Global Code

Award-winning, scalable technology platform

World class, award-winning technology

Financial technology awards:

2017 Best FX Trading Venue - (ECN/MTF) – Fund Technology and WSL Awards

2016 Best Trading & Execution Technology – HFM US Technology Awards

2013 Best Overall Testing Project – The European Software Testing Awards

2011 Best Trading System – Financial Sector Technology Awards

2011 Innovative Programming Framework – Oracle Duke's Choice Awards

FX industry awards:

2018, 2017, 2013 Best Execution Venue – Forex Magnates Awards

2017, 2016, 2015, 2014, 2013 Best FX Trading Venue - (ECN/MTF) – WSL Awards

2017, 2016, 2015, 2014, 2013 Best Margin Sector Platform – Profit & Loss Readers' Choice Awards

2014 Best Infrastructure/Technology Initiative – WSL Institutional Trading Awards

LMAX Global – FX trading excellence

LMAX Global offers liquidity and exchange quality execution from LMAX Exchange suited for clients in the following categories:

  • Broker dealers
  • Money managers
  • MT4/5 brokers
  • Professional traders

LMAX Global – key features

  • Tight spreads on streaming firm limit order liquidity from top tier financial institutions
  • Over 100 instruments: FX, metals, equity indices, commodities and crypto CFDs
  • Reliable, high performance proprietary technology – 100% exchange uptime (last 12months)
  • Strict price/time priority order matching
  • Real time reporting and reconciliation
  • Real time, full order book market and trade data –Fee Schedule
  • Competitive commission and overnight financing rates*
  • Clearing via margin account
  • Global liquidity pools in Equinix London (LD4), New York (NY4) & Tokyo (TY3)
  • FCA regulated and committed to the FX Global Code

What is the minimum initial deposit?

$10,000 (or base currency equivalent) is the minimum initial deposit for an LMAX Global Account. 

Commissions

LMAX Global Account holders are eligible for a competitive commission rate structure, dependant on their level of trading activity

How do I access LMAX Global?

There are number of ways to access LMAX Global:

  • FIX 4.4
  • API (Java, .NET)
  • Web GUI
  • Mobile
  • MT4/5 Bridges (for Brokers)

What customer support is available?

Our Customer Services Team offers 24-hour support from Sunday 22.00 – Friday 22.00 UK time
You may contact us during this period by calling +44 20 3192 2555, via the Live Chat function on our website or by emailing info@lmax.com. We offer support in a variety of languages.

How do I fund my account?

LMAX Global currently offers accounts denominated in GBP, EUR, USD, AUD, CHF, JPY, PLN, SEK, SGD, HKD and HUF. We accept funds via bank transfer and debit/credit card.

How was the rating of LMAX performed compared to other brokers? 

This 2020 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on LMAX FX broker performance and features. 

Overall our online LMAX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online LMAX or you find inaccurate details LMAX broker review please get in touch with us and the changes will be applied.