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Forex

LMAX Brokers

LMAX Exchange is a forex and CFD trading venue that offers its customers direct access to institutional liquidity. 

 
The biggest advantage of the exchange to any ECN broker is, in our view, the fact that it offers complete pre- and post-trade transparency. LMAX offers an open order book, doesn't run risk, and doesn't employ a “last look” policy – this means that orders are not checked and/or delayed before  being executed. Streaming limit orders are supplied by the exchange's General Members so at any given moment its customers know the price and the true cost of trade for each and every matched order.
 
Some of the other benefits offered by LMAX include outstanding execution, trading anonymity, access to margin clearing facility, streaming limit-order liquidity from top-tier banks and proprietary market makers, strict price/time priority matching, etc. 
 
All this is possible through the exchange's multilateral trading facility (MTF), which has every reason to brag about its performance. Some of LMAX's technological highlights are average trade latency of under 3 milliseconds, processing capacity of 400 million orders per day, 100% uptime, etc. Furthermore, LMAX MTF is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. 
 
LMAX Exchange's services are targeted at brokers and introducing brokers, institutional asset managers, commodity trading advisers, and corporate treasuries. 
 
Individual investors can apply for accounts as well but if they do so straight through LMAX Exchange, they'll need an initial investment of at least $10,000. Another option is to sign up with a broker that's an official partner of LMAX Exchange and offers its liquidity – you can open an account with Deltastock or Armada Markets for example, and start with as little as $100. 
 
Both institutional and private LMAX traders can benefit from the exchange's vast trading instruments list, which features more than 60 currency pairs, precious metals and major indices.
 
Below is a list of brokers offering LMAX liquidity. Keep in mind that the forex software provider PFSOFT is an official partner of LMAX Exchange, so all the brokers using PFSOFT's platform Protrader are also LMAX brokers. 


Forex

LMAX Brokers

Broker Country Regulation Min.deposit Review
UK N/A $1000 Review
UK FCA $1 Review
Bulgaria FSC $100 Review
Estonia No $100 Review
Australia ASIC $200 Review
US NFA, CFTC $2,000 Review
Forex

Related News

LMAX launches FX matching engine in the Equinix IBX Data Centre in Japan

Dec 18 2014 08:12:40 Stanimir Zhelev in Software

The UK’s fastest growing technology firm, LMAX Exchange, has announced the launch of a matching engine in the Equinix IBX Data Centre in Tokyo (TY3). This will give brokers, asset managers, funds and banks in Asia Pacific access to LMAX Exchange at execution speed of less than 4ms. Read more

Sunday Times ranks LMAX Exchange as the fastest growing tech company by sales in UK

Sep 08 2014 11:45:28 Yassen Vassilev in Software

LMAX Exchange, the first Multilateral Trading Facility (MTF), regulated by FCA, tops the Sunday Times Hiscox Tech Track 100, an annually released ranking of the Britain’s 100 fastest-growing private tech companies based on sales growth. LMAX enjoys a 307. Read more

LMAX Exchange awarded “Best Margin Sector Platform”

May 30 2014 10:53:35 Stanimir Zhelev in Software

LMAX, the first Multilateral Trading Facility (MTF), regulated by FCA UK, is named “Best Margin Sector Platform”  at the 2014 Profit & Loss Readers’ Choice Awards. Read more

LMAX Exchange awarded “Best Margin Sector Platform”

May 30 2014 10:53:35 Stanimir Zhelev in Software

LMAX, the first Multilateral Trading Facility (MTF), regulated by FCA UK, is named “Best Margin Sector Platform”  at the 2014 Profit & Loss Readers’ Choice Awards. Read more

FP Markets - the First Australian Broker Partnering with LMAX

Mar 27 2014 12:06:09 Stanimir Zhelev in Brokers

FP Markets joins the list of forex brokers partnering with LMAX, providing clients with lighting fast execution, anonymous and transparent trading  in over 60 currency pairs. Read more

Forex
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