- Website: lmax.com
- Phone: Phone: +44 20 3192 2572
- Address: Yellow Building, 1A Nicholas Road, London W11 4AN
- Minimum deposit: 0.1
- Leverage: Up to 1:30
- Spread: From 0.1 pips for EUR/USD
- Instruments: currency pairs (69) CFDs on indices (13) metals (7) energy (5) cryptocurrencies (8)
- Margin Call / Stop Out: 100%/50%
- Regulated: Yes
- FCA Link: https://register.fca.org.uk/s/search?q=LMAX&type=companies
LMAX offers a number of services that traders require to be successful in the forex market. For example, it offers currency pairs (69) CFDs on indices (13) metals (7) energy (5) cryptocurrencies (8). It also offers a variety of payment options and live chat or phone support. These features will make it easier for investors to open accounts and make withdrawals. To be able to open a trading account with LMAX, you must register with the firm.
LMAX offers several different withdrawal methods, including credit cards, bank wire, and PayPal. Withdrawals are processed quickly, and there are no fees associated with these methods. Another feature that LMAX has that few other companies offer is a free twenty-day MetaTrader 4 demo account. This will give you a real-world feel for trading, and it will help you practice in real market conditions with live pricing. Likewise, many other providers offer 30-day demo accounts for newcomers to try out their trading platforms.
There are several reasons to choose LMAX as your broker. First and foremost, this broker provides powerful influence levels. Their spreads for major sets like EUR/USD are From 0.1 pips for EUR/USD and 0.3 spaces for spot gold. In addition to that, their spreads on FTSE 100 prospects are From 0.1 pips for EUR/USD. LMAX also has flexible funding options, which makes it easier to start trading without a large sum of money.
LMAX has excellent support. Their website contains an introduction to forex for beginners, as well as information on technical analysis. The website also offers a daily economic calendar and examples of trading rules for different markets. All three types of accounts have different minimum deposits, but the minimum amount for each is From USD 10,000 for Demo, standard accounts. They all have a minimum lot size of one unit. They all have a range of leverage.
For Demo, standard accounts, LMAX uses the MetaTrader 4 exchanging stage. This stage is customizable and easy to use. In addition, the platform also allows dealers to view various underlying diagramming devices, point value elements, and different periods. After enrolling with LMAX, you can practice the currency pairs and other instruments in a demo account. You can even try out LMAX with a demo account.
The company was founded in 2010 and has offices in United Kingdom. It has an international network of affiliated IB offices and has branches in over twenty countries. LMAX holds clients’ funds in highly rated financial institutions and is linked with major banks. It offers trading through MetaTrader 4, MT4 and the ICM MT4 platform. It also offers bonuses and contests for its users. This is an excellent way to test out the market before making a large investment.
LMAX’ customer support is available 24 hours a day. The company offers MT4 trading for its customers. The company also offers a demo account. If you’re new to the forex market, you can sign up for a demo account to get familiar with the interface and learn the basics of forex trading. You’ll be able to trade with small capital and make big trades with large amounts of money.
LMAX offers a free demo account for beginners. It is possible to sign up for a free account through its website and begin trading in minutes. The site also offers an introduction to forex for beginners. It also offers a variety of other tools, including the MetaTrader 4 platform. For example, MetaTrader 4 has a built-in charting tool that allows you to see price dynamics and analyze charts. It has multiple time-frames and is accessible to all levels of traders.