The times they are exchanging...
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The LMAX Exchange is the trading venue for clients who want complete control of all their trading options.
LMAX Average Spreads
Our average spreads are anything but average.
- Examine our weekly average spreads
- Explore our execution performance
LMAX - DMA, STP, NDD + API
Nothing comes between you and the perfect trade
- Price you see = price you get - There are no dealers on the LMAX Exchange, making Forex and CFD trading on the LMAX Exchange neutral and transparent. With no dealer intervention - requotes are a thing of the past - our cutting-edge technology purely and simply matches clients’ best bids to the best offers.
- Our spreads are set by the market - The Forex and CFD prices you see on the LMAX Exchange are created by traders and institutional wholesale liquidity providers placing orders on the open, anonymous order book and trading the market. So the best bid and offer prices are set by the market. Still don’t like the prices? You can post an order at the price you want, at any level, and wait for it to be matched.
- Lightning fast execution - The award-winning LMAX Exchange Forex and CFD trading platform enables reliable, low latency trade execution (over 90% of trades are executed in less than 10ms). Examine the LMAX Exchange Execution Performance.
- There are no hidden charges - Forex and CFD trading on the LMAX Exchange is neutral and transparent. There are no hidden charges on the LMAX Exchange. Nothing extra is built into the spread. Just as on an institutional exchange, LMAX charges a commission rate per contract depending on the instrument.
- Trade how you want, anywhere - Clients can access the LMAX Exchange and all its functionality via our web trading platform, our smartphone apps, MultiCharts, MetaTrader4 (MT4) bridge and API. Whichever vehicle you choose you can be sure to get the institutional benefits of exchange trading.
The LMAX Exchange – our open order book reveals vast depths of opportunity
Conventional trading venues offer clients their prices only (“the top of the book”), whereas LMAX clients can see a full OPEN order book up to 20 levels of depth*, and place their trade at any level, in any book without restriction.
We have 3 types of account, Classic – offering 5 levels deep, Premium – offering 10 levels* deep, and our Professional account with 20 levels*. Learn more about the LMAX Accounts
* Available through FIX API
Apply For An Account
Apply for an account today and trade via our Web Platform, MultiCharts, Mobile or API.
Contact Us
0333 700 1000 - email or
FX and CFDs are leveraged products that can result in losses exceeding your deposit. They are not suitable for everyone so please ensure you fully understand the risks involved. The information on this website is not directed at residents of the United States of America or any other jurisdiction where FX trading and/or CFD trading is restricted or prohibited by local laws or regulations.




















