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Optimise your FX trading strategy today

Open an account and leverage the full flexibility that an LMAX Global account provides.

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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.   View full risk warning.

The information on this website is only directed at institutional and professional clients.

LMAX Global account FAQs

How do I open an individual LMAX Global Account? more

You can apply for an LMAX Global Account online here.

We always try to validate your account electronically, but will occasionally require some additional supporting documentation.

We will notify you by email as soon as your account is open and ready to start trading. close

How do I open a Corporate LMAX Global Account? more

You can download a Corporate Account application form here or contact our Customer Services Team on +44 20 3192 2555 or email info@lmax.com. close

What is the minimum initial deposit? more

$10,000 (or base currency equivalent) is the minimum initial deposit for an LMAX Global Account. close

How do I fund my account? more

LMAX Global currently offers accounts denominated in GBP, EUR, USD, AUD, CHF, JPY, PLN, SEK, SGD, HKD and HUF. We accept funds via bank transfer and debit/credit card. close

How secure are my funds with LMAX Global? more

In compliance with the FCA client money rules, all client funds are held in a segregated client trust account. The Client Money Overview document describes the procedures followed in relation to client funds. close

What are your spreads and trading costs? more

Spreads

LMAX Exchange spreads are variable. To view our historical spreads, please click here

Commissions

LMAX Global Account holders are eligible for a competitive commission rate structure, dependant on their level of trading activity

Call our Customer Services Team on +44 20 3192 2555 or email info@lmax.com for more information

Overnight financing

FX Overnight Financing

The financing charge for Rolling Spot FX reflects the relative interest rates of the two currencies comprising your open trade plus a premium dependant on market conditions and including an LMAX Global charge. When a position is held overnight, LMAX Global will apply a financing entry to your account. This may be a debit or a credit entry depending on the contributing factors outlined above, namely relative interest rates and LMAX Global premium.

The cost of the tomorrow next roll (tom/next) is applied to positions held through the respective market close. The opening price on your position is not adjusted, rather a separate financing charge is levied to your account. Positions rolled over the weekend or over bank holidays will reflect the longer duration of the underlying wholesale rolling trades. Example available on request.

CFD Overnight Financing Rates

Financing charges are applied to all CFD positions held through the market close each day. Financing charges will be applied according to the following schedule.

Instrument Reference Rate Standard Contracts Long Standard Contracts Short Mini Contracts Long Mini Contracts Short
UK instruments 1 month LIBOR + 2.0% - 1.5% + 2.5% - 2.0%
Euro instruments 1 month EUR LIBOR + 2.0% - 1.5% + 2.5% - 2.0%
US instruments 1 month USD LIBOR + 2.0% - 1.5% + 2.5% - 2.0%
JPY instruments 1 month JPY LIBOR + 2.0% - 1.5% + 2.5% - 2.0%
AUD instruments 1 month AUD LIBOR + 2.0% - 1.5% + 2.5% - 2.0%
HKD instruments 1 month HKD LIBOR + 2.0% - 1.5% + 2.5% - 2.0%

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What instruments can I trade? more

Over 100 instruments: FX, bullion, equity indices, spot commodities and crypto CFDs.

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How do I access LMAX Global? more

There are number of ways to access LMAX Global:

  • FIX 4.4
  • API (Java, .NET)
  • Web GUI
  • Mobile
  • MT4/5 Bridges (for Brokers)

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What customer support is available? more

Our Customer Services Team offers 24-hour support from Sunday 22.00 - Friday 22.00 UK time

You may contact us during this period by calling +44 20 3192 2555, via the Live Chat function on our website or by emailing info@lmax.com. We offer support in a variety of languages. close

How does LMAX Global define 'latency'? more

There are different definitions in relation to latency:

  • LMAX Global defines "trade (order) execution latency" as the time between the receipt of an order arriving at the edge of LMAX Global systems, and the order confirmation leaving LMAX Global systems. For LMAX Global clients - the trade latency figure also includes the time it takes to do all pre-trade risk checks, ensuring the trade can be executed.
  • We define "internal latency" as the time it takes for the order to be processed through LMAX Exchange “matching engine” software.

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How does LMAX Global define ‘uptime’? more

LMAX Global defines "uptime" as the percentage of time the LMAX Global trading platform is available for customers to log-in during published business hours. close

What are the trading hours more