Why LMAX

The LMAX Exchange is not just another trading platform. It's an entirely new way to trade FX and CFDs with access to live, executable, institutional prices..

The LMAX Exchange is a neutral service. An open platform with no dealer intervention, no hedging of client positions and never any requotes. LMAX simply matches the best bids and offers.

The LMAX Exchange is more transparent. Clients execute directly on the LMAX Exchange and benefit from pricing transparency and no ‘Last Look’ from the liquidity providers.

The LMAX Exchange provides fast, anonymous trade execution. Clients trade anonymously; over 90% of trades are executed in less than 10ms.

LMAX Exchange Benefits

No dealing desk and never any requotes
Level 2 views on all markets
Anonymous and superior execution
Straight through processing (STP)
Place orders straight into the order book
Place orders inside the spread

LMAX Exchange Technology

Unparalleled speed and reliability
Access to LMAX Exchange through web platform, mobile, MultiCharts, Meta Trader 4 (MT4) bridge and API
Up to 20 levels of market depth*
Awarded ‘Best Trading System’ by FST in 2011

*Available for Professional account holders via FIX API

LMAX Exchange Instruments

70+ FX and CFD instruments
Tight institutional pricing
Volume based commission discounts available
Enhanced liquidity from leading global financial institutions