Account FAQs
Find answers to common questions about opening and managing your LMAX Global account, including account types, funding, and minimum deposit requirements.
How do I open an individual LMAX Global UK account? more
How do I open a Corporate LMAX Global UK account? more
What is the minimum initial deposit? more
How do I fund my account? more
How secure are my funds with LMAX Global? more
What are your spreads and trading costs? more
Spreads
LMAX Global 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 support team on +44 20 3192 2555 or email [email protected] 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, we 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% |
Which instruments can I trade? more
- LMAX Global London (LD4) – download instrument list
- LMAX Global Tokyo (TY3) – download instrument list
- LMAX Global New York (NY4) – download instrument list
- LMAX Global Singapore (SG1) – download instrument list
How do I access LMAX Global? more
- FIX 4.4
- API (Java, .NET)
- Web GUI
- Mobile
- MT4/5 bridges (for brokers)
What customer support is available? more
How does LMAX Global define ‘latency’? more
- We define “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.
How do I open an individual LMAX Global EU account? more
How do I open a corporate LMAX Global EU account? more
You can download a corporate account application form here or contact our customer support team on +44 20 3192 2555 or email [email protected]. close
How do I fund my account? more
We offer account denominated in GBP, EUR, USD, SGD, PLN, JPY, HUF, HKD, CHF, SEK, AUD. We accept funds via bank wired, Credit/Debit Card and via WorldPay Limited, a payment service provider which is authorised and regulated by the Financial Conduct Authority. close
How secure are my funds with LMAX Global? more
In compliance with the CySEC Safeguarding of Clients Funds, all client funds are held in a segregated client trust account. close
What are your spreads and trading costs? more
Spreads
LMAX Global 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 support team on +44 20 3192 2555 or email [email protected] 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, we 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.
Which instruments can I trade? more
Over 100 instruments: FX, metals, equity indices and commodities.
- LMAX Global London (LD4) – download instrument list
- LMAX Global Tokyo (TY3) – download instrument list
- LMAX Global New York (NY4) – download instrument list
- LMAX Global Singapore (SG1) – download instrument list
How do I access LMAX Global? more
- FIX 4.4
- API (Java, .NET)
- Web GUI
- Mobile
- MT4/5 bridges (for brokers)
What customer support is available? more
All details can be found on the Contact us page. close
How does LMAX Global define ‘latency’? more
There are different definitions in relation to latency:
- We define “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.
How do I open an individual LMAX Global NZ account? more
How do I open a corporate LMAX Global NZ account?more
You can download a Corporate Account application form here or contact our client support team on +44 20 3192 2555 or email [email protected].close
How do I fund my account?more
We offer accounts denominated in AUD, EUR, GBP and USD. We accept funds via bank transfer, debit/credit card, Skrill and Neteller. close
What leverage do you offer? more
As an LMAX Global client with LMAX New Zealand Limited, you will be able to trade on the following leverage:
| Instrument type | Leverage margin* |
| Major FX pairs | 200-1 |
| Minor FX pairs | 200-1 |
| Major indices | 100-1 |
| Minor indices | 100-1 |
| Gold | 200-1 |
| Commodities | 100-1 |
| Crypto currencies | 100-1 |
* For qualifying details contact your account manager at [email protected]
What are your spreads and trading costs?more
Spreads
LMAX Global spreads are variable. To view our average spreads, please click here
Commissions
Account holders are eligible for a competitive commission rate structure, dependant on their level of trading activity.
Call our client support team on +44 20 3192 2555 or email [email protected] 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, we 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% | -2% | +2.5% | -2.5% |
| Euro instruments | 1 month EUR LIBOR | +2% | -2% | +2.5% | -2.5% |
| US instruments | 1 month USD LIBOR | +2% | -2% | +2.5% | -2.5% |
| JPY instruments | 1 month JPY LIBOR | +2% | -2% | +2.5% | -2.5% |
| AUD instruments | 1 month AUD LIBOR | +2% | -2% | +2.5% | -2.5% |
| HKD instruments | 1 month HKD LIBOR | +2% | -2% | +2.5% | -2.5% |
Which instruments can I trade? more
Over 100 instruments: FX, bullion, equity indices, spot commodities and crypto CFDs.
- LMAX Global London (LD4) - download instrument list
- LMAX Global Tokyo (TY3) - download instrument list
- LMAX Global New York (NY4) - download instrument list
- LMAX Global Singapore (SG1) – download instrument list
How do I access LMAX Global? more
There are a number of ways to access LMAX Global:
- FIX 4.4
- API (Java, .NET)
- Web GUI
- Mobile
- MT4/5 bridges
What customer support is available?more
All details can be found on the Contact us page. close
How do I open an individual LMAX Global MU account? more
How do I open a corporate LMAX Global MU account?more
Please contact our client support team on +44 20 3192 2555 or email [email protected].close
How do I fund my account?more
We offer accounts denominated in EUR, GBP and USD. We accept funds via bank transfer. We also accept funds in certain Digital coins. Please email [email protected] for more information.close
What leverage do you offer? more
As an LMAX Global client with LMAX Broker Mauritius Limited, you will be able to trade on the following leverage:
| Instrument type | Leverage margin* |
| Major FX pairs | 200-1 |
| Minor FX pairs | 200-1 |
| Major indices | 100-1 |
| Minor indices | 100-1 |
| Gold | 200-1 |
| Commodities | 100-1 |
| Crypto currencies | 100-1 |
* For qualifying details contact your account manager at [email protected]
What are your spreads and trading costs?more
Spreads
LMAX Global spreads are variable. To view our average spreads, please click here
Commissions
Account holders are eligible for a competitive commission rate structure, dependant on their level of trading activity.
Call our client support team on + 44 20 3192 2555 or email [email protected] 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, we 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% | -2% | +2.5% | -2.5% |
| Euro instruments | 1 month EUR LIBOR | +2% | -2% | +2.5% | -2.5% |
| US instruments | 1 month USD LIBOR | +2% | -2% | +2.5% | -2.5% |
| JPY instruments | 1 month JPY LIBOR | +2% | -2% | +2.5% | -2.5% |
| AUD instruments | 1 month AUD LIBOR | +2% | -2% | +2.5% | -2.5% |
| HKD instruments | 1 month HKD LIBOR | +2% | -2% | +2.5% | -2.5% |
Which instruments can I trade? more
Over 100 instruments: FX, bullion, equity indices, spot commodities and crypto CFDs.
- LMAX Global London (LD4) - download instrument list
How do I access LMAX Global? more
There are a number of ways to access LMAX Global:
- FIX 4.4
- API (Java, .NET)
- Web GUI
- Mobile
- MT4/5 bridges
What customer support is available?more
All details can be found on the Contact us page. close