"Why LMAX ? LMAX is not just another new trading service, itâs an entirely new way for retail investors to trade CFDs and FX. LMAX isnât a traditional broker, it is a trading venue, an MTF to be precise, which is like an exchange. LMAX is more transparent than a traditional broker. Customers can see their orders â it is an open order book. LMAX is a neutral service â an open platform with no dealer acceptance, no hedging of client positions and no re-quotes. We do not trade against our clients. Instead, LMAX brings buyers and sellers together without brokers and other middle men taking their cut. LMAX has been designed with the retail trader in mind. Every aspect of the service is about giving institutional trading advantages to retail clients. We ensure that all clients have the best chance possible when executing their trading strategy. Retail CFD and FX traders can access wholesale liquidity at wholesale prices but with all the protections that you would expect. So, trade direct into the market and be a market maker not just a trader. 0.64 pts EUR/USD average spread. 1.11 pts GBP/USD average spread. Apply for an account. " http://www.lmaxtrader.co.uk/why-lmax Will you open an account right now ?