Forex Brokers

LMAX

LMAX Global is the trading name of LMAX New Zealand Limited, a financial services provider registered in New Zealand and part of the LMAX Exchange Group.

LMAX Global is the trading name of LMAX New Zealand Limited, a financial services provider registered in New Zealand and part of the LMAX Exchange Group. LMAX Global is currently registered as a New Zealand FSP financial services company (registration number: FSP612509).

Main business

Investors can trade all LMAX Global products including Forex, Indices, Stock Indices, Commodities, Precious Metals, Cryptocurrencies and Weekend Forex.

Leverage

The LMAX Global account type is an ECN account, and the minimum initial deposit for a New Zealand account is $500. LMAX Global provides investors with flexible leverage. The maximum trading leverage for foreign exchange direct trading is 1:200, the maximum trading leverage for cross trading is 1:100, the trading leverage for major indices is 1:100, and the maximum trading leverage for gold is 1: 100, the trading leverage of commodities is 1:100.

Spread

The minimum spread on EURUSD is 0.2 pips, the minimum spread on GBPUSD is 0.2 pips, the minimum spread on EURGBP is 1.0 pips, the minimum spread on spot gold is 3.2 pips, the minimum spread on spot silver is 0.18 pips, and the minimum spread on US crude oil ( Spot) has a minimum spread of 0.20 pips and UK Crude (spot) has a minimum spread of 0.22 pips. The minimum spread for the Australia 200 is 0.20 points and the minimum spread for the UK 100 is 2.2 points.

Market Data Fee

Traders will be charged a certain amount of market data fees through LMAX Global, which mainly include: a monthly connection fee of $300, a deep/full order (users with a monthly transaction volume of more than $500 million only pay a connection fee) 2000 USD, access offer (user with minimum transaction fee) $2000, weekend foreign exchange (users with monthly transaction volume over $500 million only pay connection fee) $1000. Idle charges are $1000 per port per month. The initial setup fee for White Label is $5,000, with subsequent fees offset by a minimum monthly transaction fee of $2,500. Inactive accounts (personal accounts) are charged $50 per month, and inactive accounts (corporate accounts) are charged $100 per month.

Trading Platform

LMAX Global provides traders with market-leading and well-received MT4, MT5 trading platforms, bringing traders a good trading experience.

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