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LMAX = revolution?!?

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  • Post #901
  • Quote
  • May 25, 2012 2:06pm May 25, 2012 2:06pm
  •  gioviforex
  • | Joined Apr 2006 | Status: Member | 199 Posts
ok now they say that they must investigate and i'll have some news on monday.......very scammers ...there is nothing to investigate , the wrong spike is clear ..... i have a bad feeling that they find a strange excuse and don't make any rembursment........
 
 
  • Post #902
  • Quote
  • May 25, 2012 2:11pm May 25, 2012 2:11pm
  •  gioviforex
  • | Joined Apr 2006 | Status: Member | 199 Posts
i wait monday then i call FSA .....
 
 
  • Post #903
  • Quote
  • Edited 2:38pm May 25, 2012 2:13pm | Edited 2:38pm
  •  Cocoflanel
  • | Commercial Member | Joined Mar 2010 | 450 Posts
Quoting liopro
Disliked
He suggests somebody to open an account with LMAX instead of looking for PB telling that LMAX is much better You know, I've been working for years for companies like Traiana, Deutsche Bank etc and what can I say...well, yes I'm a noob
Ignored

Because people who fit the profile for trading with a prime brokerage don't come to FF , here a thread started about prime brokers ...


http://www.forexfactory.com/showthread.php?t=309535............... everybody is CLUELESS as you can see for yourself..


Plenty of liquidity on Lmax , more than you will find with some prime brokers, yes, better in that regard...



I AM JUST TRYING TOO WAKE YOU GUYS UP ....................
 
 
  • Post #904
  • Quote
  • May 25, 2012 2:29pm May 25, 2012 2:29pm
  •  Marv
  • | Membership Revoked | Joined Jun 2010 | 1,246 Posts
Quoting gioviforex
Disliked
ok now they say that they must investigate and i'll have some news on monday.......very scammers ...there is nothing to investigate
Ignored
Stop acting like an annoyingly impatient 15 year old who just lost at some video game and wait until the problem is investigated. It's not like they'll instantly start handing out money the moment somebody complains about something.

Quoting Cocoflanel
Disliked
Because people who fit the profile for trading with a prime brokerage don't come to FF , here a thread started about prime brokers ...


http://www.forexfactory.com/showthread.php?t=309535............... everybody is CLUELESS as you can see for yourself..


Plenty of liquidity on Lmax , more than you will find with some prime brokers, yes, better in that regard...
Ignored
Most people here don't even know what "liquidity" means.
 
 
  • Post #905
  • Quote
  • May 25, 2012 2:36pm May 25, 2012 2:36pm
  •  liopro
  • | Joined Oct 2007 | Status: Member | 110 Posts
Quoting Cocoflanel
Disliked
Because people who fit the profile for trading with a prime brokerage don't come to FF , here a thread started about prime brokers ...


http://www.forexfactory.com/showthread.php?t=309535............... everybody is CLUELESS as you can see for yourself..


Plenty of liquidity on Lmax , more than you will find with some prime brokers, yes, better in that regard...
Ignored
Well, I'm going to disagree with you here,Coco my friend. Basically PBs are mostly about credit lines. Liquidity,execution,back office facilities...that's all nice and in place but still their main purpose is to allow corporates, hedge funds and others to trade with bank. You know bank isn't going to credit check every fund or institution. It deals with PB. Which could be the bank itself Why am I telling you this? Because as you can see LMAX could hardly be a prime broker. But on the other hand you're possibly right. If somebody is going to trade via PB he won't be asking for advise here. However PBs are getting less picky money wise so somebody with 500K could easily be lacking this very basic knowledge re PBs but is capitalized enough in order to start trading through them.
Anyway, peace my friend
 
 
  • Post #906
  • Quote
  • May 25, 2012 2:36pm May 25, 2012 2:36pm
  •  Cocoflanel
  • | Commercial Member | Joined Mar 2010 | 450 Posts
Quoting Marv
Disliked
Stop acting like an annoyingly impatient 15 year old who just lost at some video game and wait until the problem is investigated. It's not like they'll instantly start handing out money the moment somebody complains about something.



Most people here don't even know what "liquidity" means.
Ignored

Yeah, most people here think that they are trading forex...what they don't realise is that most forex "brokers" are bucketshops just trying to get their money as quickly as possible...

Start your education here ; http://www.forexfactory.com/showthread.php?t=7484
 
 
  • Post #907
  • Quote
  • Edited 4:57pm May 25, 2012 2:42pm | Edited 4:57pm
  •  Cocoflanel
  • | Commercial Member | Joined Mar 2010 | 450 Posts
Quoting liopro
Disliked
Well, I'm going to disagree with you here,Coco my friend. Basically PBs are mostly about credit lines. Liquidity,execution,back office facilities...that's all nice and in place but still their main purpose is to allow corporates, hedge funds and others to trade with bank. You know bank isn't going to credit check every fund or institution. It deals with PB. Which could be the bank itself Why am I telling you this? Because as you can see LMAX could hardly be a prime broker. But on the other hand you're possibly right. If somebody is going to trade...
Ignored

Where is the disagreement ? Like I said, in terms of liquidity, LMAX is alll you need...around 10 million with a 1 pip spread ...
 
 
  • Post #908
  • Quote
  • May 25, 2012 2:45pm May 25, 2012 2:45pm
  •  liopro
  • | Joined Oct 2007 | Status: Member | 110 Posts
Quoting Cocoflanel
Disliked
Where is the disagreement, like I said in terms of LIQUIDITY, LMAX is alll you need...around 10 million with a 1 pip spread ...
Ignored
Well there're PBs who will let you execute 100M without shaking the market too much but horses for courses. For me 10M is more then enough for time being
 
 
  • Post #909
  • Quote
  • May 26, 2012 1:11am May 26, 2012 1:11am
  •  gioviforex
  • | Joined Apr 2006 | Status: Member | 199 Posts
OK Marv , this night i received my moneys in my account again but i didn't receive any email or advice from Lmax like you from Armada and also is easy make some critics when you are outside the problem......after my calls i received a call from them in the night ......anyway if we are still in a free word i post what i want and i don't care of your comments......
 
 
  • Post #910
  • Quote
  • May 26, 2012 5:25am May 26, 2012 5:25am
  •  Jfk
  • | Joined Nov 2009 | Status: Member | 227 Posts
Quoting garrye
Disliked
first day trading with lmax,the bollox
Ignored
Welcome to the club for the enlightened, garrye
 
 
  • Post #911
  • Quote
  • May 26, 2012 8:02am May 26, 2012 8:02am
  •  Connected
  • | Membership Revoked | Joined Mar 2012 | 860 Posts
May I ask please is it a min 10,000USD to join the enlightened?

Quoting Jfk
Disliked
Welcome to the club for the enlightened, garrye
Ignored
Tracking the Specialists.
 
 
  • Post #912
  • Quote
  • Edited 10:03am May 26, 2012 9:46am | Edited 10:03am
  •  Marv
  • | Membership Revoked | Joined Jun 2010 | 1,246 Posts
Quoting gioviforex
Disliked
anyway if we are still in a free word i post what i want and i don't care of your comments......
Ignored
Not trying to censor you bud, speak your mind. Just alerting you to the fact that shouting "OMG SCAMMERS!!!" every time a glitch happens is misleading to readers, and a sign of an unprofessional lack of patience.

Quoting Connected
Disliked
May I ask please is it a min 10,000USD to join the enlightened?
Ignored
Only if signing up through the LMAX website. It wasn't always like that. When I first discovered them they used to have a nice and reasonable "one account type for all" with free API, I was very pleased with the whole thing. And then the new stupid CEO came and replaced it with a crappy and discriminatory account structure that looks as if it was designed to drive customers away when they're most needed (while of course taking away the free API).

But now since affordable IB's are starting to pop-up making the LMAX exchange more fair and accessible again, I had to change my mind and endorse this opportunity. Usually to get this kind of high liquidity true DMA environment you would need 50k at least. But those days are over.
 
 
  • Post #913
  • Quote
  • May 26, 2012 10:32am May 26, 2012 10:32am
  •  Jfk
  • | Joined Nov 2009 | Status: Member | 227 Posts
Quoting Connected
Disliked
May I ask please is it a min 10,000USD to join the enlightened?
Ignored
http://www.fxmtf.com/en/about/

http://www.armadamarkets.com/

http://www.fastbrokers.com/


Take your pick
 
 
  • Post #914
  • Quote
  • May 26, 2012 10:40am May 26, 2012 10:40am
  •  Connected
  • | Membership Revoked | Joined Mar 2012 | 860 Posts
oh thats great! thank you kindly JFK

Quoting Jfk
Disliked
http://www.fxmtf.com/en/about/

http://www.armadamarkets.com/

http://www.fastbrokers.com/


Take your pick
Ignored
Tracking the Specialists.
 
 
  • Post #915
  • Quote
  • May 26, 2012 10:42am May 26, 2012 10:42am
  •  Connected
  • | Membership Revoked | Joined Mar 2012 | 860 Posts
Thank you for your comments Marv, this is great I will test out one or two of the IB for LMAX and see how things develop. Thanks again for your feedback

Quoting Marv
Disliked
But now since affordable IB's are starting to pop-up making the LMAX exchange more fair and accessible again, I had to change my mind and endorse this opportunity. Usually to get this kind of high liquidity true DMA environment you would need 50k at least. But those days are over.
Ignored
Tracking the Specialists.
 
 
  • Post #916
  • Quote
  • May 26, 2012 1:22pm May 26, 2012 1:22pm
  •  pemully
  • | Joined Aug 2011 | Status: riding the lightning | 935 Posts
Quoting Jfk
Disliked
http://www.fxmtf.com/en/about/

http://www.armadamarkets.com/

http://www.fastbrokers.com/


Take your pick
Ignored
word is that armada markets are using bucket shop like tactics ....maybe its for accounts which trade less than 0.1 mini lots...I hope
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
 
 
  • Post #917
  • Quote
  • May 26, 2012 4:11pm May 26, 2012 4:11pm
  •  Marv
  • | Membership Revoked | Joined Jun 2010 | 1,246 Posts
Quoting pemully
Disliked
word is that armada markets are using bucket shop like tactics ....maybe its for accounts which trade less than 0.1 mini lots...I hope
Ignored
"Word" sounds like pure hearsay.

Can you elaborate on that/back it up please?
 
 
  • Post #918
  • Quote
  • May 26, 2012 4:50pm May 26, 2012 4:50pm
  •  alstural
  • | Joined Apr 2011 | Status: Member | 167 Posts
Quoting pemully
Disliked
word is that armada markets are using bucket shop like tactics ....maybe its for accounts which trade less than 0.1 mini lots...I hope
Ignored
"armada markets are using bucket shop like tactics"

...........................

in publisizing promoting and PR-ing it surely does it

considering huge amount of posts written by fake "traders"



so u know what to expect in live trading

from this soviet block (estonian? latvian?) "broker"
 
 
  • Post #919
  • Quote
  • May 26, 2012 4:55pm May 26, 2012 4:55pm
  •  Marv
  • | Membership Revoked | Joined Jun 2010 | 1,246 Posts
Quoting alstural
Disliked
in publisizing promoting and PR-ing it surely does it

considering huge amount of posts written by fake "traders"
Ignored
Post some examples.

I'm interested.
 
 
  • Post #920
  • Quote
  • Edited 8:41pm May 26, 2012 8:21pm | Edited 8:41pm
  •  alstural
  • | Joined Apr 2011 | Status: Member | 167 Posts
Quoting Marv
Disliked
Post some examples.

I'm interested.
Ignored
look at posts of "traders" who've joint lately

having posted only 0-1-2 times before

but talking laudably from the very beginning

about previously totally unknown broker armada (armada of what? of shit?)

in "naivly-aggressive" and very similar style in spite of different nicks

do you really believe they are genuine traders?

(and the same was on trade2win forum)

is not it clear that if you see a promotion campaign in such form

this is big red flag?

------------
my interest was lmax

although i do not trade forex (only rarely eur/usd)

index cfd trading looked attractive in rendition of "popular exchange"

and i wanted to look closer at this concept of brokerage

because it seemed to be very desirable "commission only"service

but heavy margins and quite wide cfd spreads pushed me off after all (on demo)

-------------

while following discussion on forexfactory and trade2win forums

i was many times angered by fake "opinion exchange"

among recently registered so called "traders"

to my surprise nick Marv was among them (on this forum)

first i thought u are somehow paid for this

but now i do not know what to think
 
 
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