LMAX Account Comparison
| ACCOUNT FEATURES | CLASSIC Min. deposit $10,000 |
PREMIUM Min. deposit $50,000 |
PROFESSIONAL Min. deposit $250,000 |
|---|---|---|---|
| Direct Market Access | + | + | + |
| Tight Spreads | + | + | + |
| Free access to web and mobile platforms | + | + | + |
| Unlimited access to our FX and CFD markets | + | + | + |
| Access to customer service desk | + | + | + |
| Market data frequency | Unlimited | Unlimited | Unlimited |
| Order book depth* | 5 levels | 10 levels | 20 levels |
| Free access to LMAX historic market data* | 1 month | 6 months | Unlimited |
| Free API access and support* | 1st month free | Unlimited | Unlimited |
| Free access to MultiCharts* | Limited | Limited | Unlimited |
| Tailored commission rates | + | ++ | |
| Dedicated account manager | + | ++ | |
| Discounted overnight financing terms* | + | ++ | |
| Personal account manager | + | ||
| Interest payable on unencumbered funds | + | ||
| No charge for bank withdrawals | + | ||
| Physical FX delivery | + |
*Read Terms & Conditions below
Terms & Conditions:
- Order book depth:
- Up to 5 levels through any LMAX Exchange trading technology for all accounts
- Up to 10 levels through FIX API for Premium account holders
- Up to 20 levels through FIX API for Professional account holders
- Free access to LMAX historical market data:
- Classic account: 1 month up to 5 levels of order book depth
- Premium account: 6 months up to 10 levels of order book depth through FIX API
- Professional account: Unlimited up to 20 levels of order book depth through FIX API
- Free API access and support:
-
Classic accounts: Free API access and API support for 1 month after opening a live account. Thereafter, API access is charged at $60 per calendar month. The API access will remain free if your trading exceeds the following thresholds:
- Deposited funds of $5,000 or base currency equivalent, AND
- Trading 250 contracts (or equivalent of $2.5 million in notional value) per calendar month
- Premium accounts: unlimited free API access and support
- Professional accounts: unlimited free API access and support
-
Classic accounts: Free API access and API support for 1 month after opening a live account. Thereafter, API access is charged at $60 per calendar month. The API access will remain free if your trading exceeds the following thresholds:
- Access to MultiCharts:
- Classic and Premium accounts: access to MultiCharts is charged at $60 per calendar month. MultiCharts access is free if your trading exceeds the following thresholds:
- Deposited funds of $5,000 or base currency equivalent, AND
- Trading 250 contracts (or equivalent of $2.5 million in notional value) per calendar month
- Professional accounts: free access to MultiCharts
- Classic and Premium accounts: access to MultiCharts is charged at $60 per calendar month. MultiCharts access is free if your trading exceeds the following thresholds:
- Overnight financing terms:
- Classic account
Instrument Reference rate Financing margin All rolling spot FX crosses Wholesale roll +/-1.0% CFDs LIBOR +/-2.5% - Premium account
Instrument Reference rate Financing margin All rolling spot FX crosses Wholesale roll +/-0.5% CFDs LIBOR +/-2.0% - Professional account
Instrument Reference rate Financing margin All rolling spot FX crosses Wholesale roll +/-0.3% CFDs LIBOR +/-1.5% - Interest on unencumbered funds is calculated daily and paid monthly
- Competitive rates for physical delivery (minimum trade size $0.5 million)