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LMAX = revolution?!?

  • #581
  • Dec 19, 2011 4:38am Dec 19, 2011 4:38am
I simply click the TP box and type my TP in pips.

Does it not allow you to do that?
"I made all my money by selling too soon"
  • #582
  • Dec 19, 2011 5:07am Dec 19, 2011 5:07am
Quoting Bleek
I simply click the TP box and type my TP in pips.

Does it not allow you to do that?
this is what i do

and it works for cfd but not for eur/usd

one has to scroll(very slowly this is idiotic)

so currency scalping becomes frustrating
  • #583
  • Dec 19, 2011 6:42am Dec 19, 2011 6:42am
Quoting alstural
this is what i do

and it works for cfd but not for eur/usd

one has to scroll(very slowly this is idiotic)

so currency scalping becomes frustrating
That's odd, I'm using the latest version of Google Chrome browser and it works fine for me - perhaps try that.
"I made all my money by selling too soon"
  • #584
  • Dec 19, 2011 7:25am Dec 19, 2011 7:25am
Quoting Bleek
That's odd, I'm using the latest version of Google Chrome browser and it works fine for me - perhaps try that.
"I'm using the latest version of Google Chrome browser........."

so am i

can't explain it myself

i'll ask support

thanks anyway and lucky trading.........
  • #585
  • Dec 30, 2011 9:54am Dec 30, 2011 9:54am
Quoting Cocoflanel
Probably because there is a new CEO and they will bring out Metatrader beginning next year
Here is some info I got from LMAX team regarding Metatrader 4 -

"The conditions for MT4 will be the same as on our LMAX trading platform in relation to the variable spreads and commission. Although customers don’t get slipped on their orders, sometimes, due to not all price being available on the order book your set price may not be achieved.
In that instance the next best price closest to your position will be filled at market. At the moment we do have a bridge to connect MT4 brokers to our liquidity; however a white label to download the software will be made available in the first quarter of 2012."
  • #586
  • Dec 30, 2011 10:15am Dec 30, 2011 10:15am
Quoting LFN
Here is some info I got from LMAX team regarding Metatrader 4 -

[i]"The conditions for MT4 will be the same as on our LMAX trading platform in relation to the variable spreads and commission. Although customers don’t get slipped on their orders, sometimes, due to not all price being available on the order book your set price may not be achieved.
In that instance the next best price closest to your position will be filled at market. At the moment we do have a bridge to connect MT4 brokers to our liquidity; however a white label to download the...
"Although customers don’t get slipped on their orders, sometimes, due to not all price being available on the order book your set price may not be achieved.
In that instance the next best price closest to your position will be filled at market."

is it called partial slippage?

the more i look at lmax the more i come to conclusion

that this is typical british product(mediocre and expensive)
  • #587
  • Dec 30, 2011 10:47am Dec 30, 2011 10:47am
What do you expect? A no-slippage guarantee on market and stop orders?
  • #588
  • Jan 10, 2012 10:30am Jan 10, 2012 10:30am
Quoting alstural
"Although customers don’t get slipped on their orders, sometimes, due to not all price being available on the order book your set price may not be achieved.
In that instance the next best price closest to your position will be filled at market."

is it called partial slippage?

the more i look at lmax the more i come to conclusion

that this is typical british product(mediocre and expensive)
The depth on the order book is not as deep as other STP brokers, such as Interactive and Duka to name two, but there are many other advantages and it is certainly superior to other foreign brokers I've tried when it comes to execution and stability, cost and security, deposit requirements and funding ease. If you use MT4 you're probably going to lose some of these benefits though as the MT4 platform is a toy.
  • #589
  • Jan 10, 2012 11:17pm Jan 10, 2012 11:17pm
Quoting Jfk
The depth on the order book is not as deep as other STP brokers, such as Interactive and Duka to name two, but there are many other advantages and it is certainly superior to other foreign brokers I've tried when it comes to execution and stability, cost and security, deposit requirements and funding ease. If you use MT4 you're probably going to lose some of these benefits though as the MT4 platform is a toy.
100% Agreed, LMAX is a great choice but their web platform is really too basic. I tried their multicharts but the chart spikes drove me nuts. I recently discovered that Fastbrokers.com offers trading on LMAX through their Pathfinder Trader platform. Have a look here.
http://www.fastbrokers.com/pathfinder/
I think this the best combination platform/execution I could have found. I love their charting and I wont miss MT4 or any other platform.
  • #590
  • Jan 11, 2012 5:28am Jan 11, 2012 5:28am
Quoting alstural
that this is typical british product(mediocre and expensive)
Whereas a 'typical' American product would be shouty, over-promise and under-deliver?
"I made all my money by selling too soon"
  • #591
  • Jan 11, 2012 10:51am Jan 11, 2012 10:51am
Multicharts has apparently added LMax now to the supported broker list, so you can connect with an existing permanent MC license w/o paying lmax. Not sure if you need to qualify for lmax api access for that tho. Probably yes.
  • #592
  • Edited 1:45pm Jan 11, 2012 1:23pm | Edited 1:45pm
Quoting shrike
Multicharts has apparently added LMax now to the supported broker list, so you can connect with an existing permanent MC license w/o paying lmax. Not sure if you need to qualify for lmax api access for that tho. Probably yes.
Thanx Shrike. I wonder if free version can be used? But, as you say, the api minimums will apply anyway I would think.
  • #593
  • Jan 11, 2012 7:46pm Jan 11, 2012 7:46pm
Quoting Saratogafx
100% Agreed, LMAX is a great choice but their web platform is really too basic. I tried their multicharts but the chart spikes drove me nuts. I recently discovered that Fastbrokers.com offers trading on LMAX through their Pathfinder Trader platform. Have a look here.
http://www.fastbrokers.com/pathfinder/
I think this the best combination platform/execution I could have found. I love their charting and I wont miss MT4 or any other platform.

yes but we have to open an account with them........
  • #594
  • Jan 11, 2012 8:24pm Jan 11, 2012 8:24pm
Quoting Bleek
Whereas a 'typical' American product would be shouty, over-promise and under-deliver?
fully agree!

and i don't like both us and uk brokers

for the reasons you and me have described in our posts

(i am neither british no american)

regards..........
  • #595
  • Jan 12, 2012 9:04am Jan 12, 2012 9:04am
Quoting gioviforex
yes but we have to open an account with them........
So what is the problem? They give you access to LMAX on their platform and they wont charge you nothing more to do this.... piece of cake...
http://www.fastbrokers.com/trading/trading_lmax.php
  • #596
  • Jan 12, 2012 9:49am Jan 12, 2012 9:49am
Quoting Saratogafx
So what is the problem? They give you access to LMAX on their platform and they wont charge you nothing more to do this.... piece of cake...
http://www.fastbrokers.com/trading/trading_lmax.php

yes but i have already an account with lmax.......
  • #597
  • Jan 17, 2012 7:41am Jan 17, 2012 7:41am
Is this worrying?? From their testAPI
Attached Image (click to enlarge)
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  • #598
  • Jan 17, 2012 9:09am Jan 17, 2012 9:09am
Quoting chriseel
Is this worrying?? From their testAPI
Hmm 97 stops were not triggered???
Brokers are angels
  • #599
  • Jan 17, 2012 9:48am Jan 17, 2012 9:48am
They still have lots of messed up historic charts, especially in testapi, but also on production. I wouldn't bother with it, and use other charts instead. In my opinion they should stop to provide historic chart data until they get a good quality product out, or atleast only put it on a beta environment only.

On a positive note, they did update the web trading gui with bid/offer-sweep functionality which i find really useful.
  • #600
  • Jan 20, 2012 2:19pm Jan 20, 2012 2:19pm
Has anyone traded oil cfd with LMAX? How is it?
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