LMAX = Revolution ?!

Discussion in 'Forex Brokers' started by Peternam, Nov 23, 2010.

  1. kiwi_trader


    Registered: Aug 2002
    Posts: 3712


    11-30-10 03:05 AM


    Hint: At the moment they only have 3 liquidity providers (goldman, jpm and optiver) and one broker member. Hopefully they will add more later. Its backed by Goldman and the betfair people.










    If you execute around 10 million , you pay about 1 pip in spread without commissions, how is that for liquidity ?!



    www.lmax.com
     
    #11     Mar 14, 2012
  2. that is for the EUR/USD...
     
    #12     Mar 14, 2012
  3. http://www.armadamarkets.com/


    I currently trade through the above. They are IB's for LMAX and I think they take US clients. Commissions are $20 per million traded (RT) and 100:1 leverage. Executions are approx 20ms and never any delays/ rquotes because LMAX is a genuine Multilateral Exchange and not a forex 'ECN'. Spreads a very tight. They offer a permanent demo (MT4). Enjoy!
     
    #13     Mar 15, 2012
  4. peleus

    peleus

    Hi Cap, are you still doing this for this year? I was wondering if you still have tips for these days. [​IMG]
     
    #14     Jun 6, 2014

  5. no IB anymore....

    Lmax is doing around 10 billion/day these days...the place to be
     
    #15     Sep 6, 2014