LMAX? Anyone Trade With Them Here? | Forex Factory

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LMAX? Anyone Trade With Them Here?

  • #1
  • First Post: Jul 29, 2014 2:50am Jul 29, 2014 2:50am
What are your experiences with LMAX so far? Thanks
  • #2
  • Jul 29, 2014 3:57am Jul 29, 2014 3:57am
Quoting tiago
What are your experiences with LMAX so far? Thanks
Yes, ok for the moment.
  • #3
  • Jul 29, 2014 5:23am Jul 29, 2014 5:23am
I haven't personally, but I do know someone who trades large amounts with them quite happily.
  • #4
  • Jul 29, 2014 5:49am Jul 29, 2014 5:49am
Thou shalt not speak the L-word in this form section
  • #5
  • Edited 6:55am Jul 29, 2014 6:30am | Edited 6:55am
Quoting shrike
Thou shalt not speak the L-word in this form section
Do you now the word?
The L-word is the word
  • #6
  • Jul 30, 2014 2:03am Jul 30, 2014 2:03am
Quoting tiago
What are your experiences with LMAX so far? Thanks
So far i have had only positive experiences.
I'm not insane; my mother had me tested.
  • #7
  • Jul 30, 2014 4:07am Jul 30, 2014 4:07am
So far so good. Customers services is very good. In my opinion it's the best broker for day traders and scalpers.
The only thing that I'm not happy with - widening spreads during weekends. I can live with that, but in this low volatility environment it can trigger SL.
  • #8
  • Jul 30, 2014 11:33pm Jul 30, 2014 11:33pm
Quite honestly, they have done very well by me....I manage a small fund and post large trades....I am very satisfied with execution, spreads, customer service, (but also agree with JohnnyCash regarding weekend spreads).

You will see most brokerages changing their business models refocusing their efforts upon client education and satisfaction opposed to their cost models which by my opinion, was outdated the day it was implemented. For any business to thrive, its not turnover in clientele but client satisfaction with services rendered to clients satisfactorily.

I shall be staying at Lmax as long as I am satisfied with their services.
Gregory D. Alexandr
  • #9
  • Jul 31, 2014 5:13am Jul 31, 2014 5:13am
Thanks for the replies everyone. If anyone has more input to share please do.
  • #10
  • Jul 31, 2014 7:02am Jul 31, 2014 7:02am
I never had any problems either. But there are a few things i think they could improve on. For example, they need more marketmakers in thier index and commodity products. At the moment there is only a single LP in these products. And i want to be able to download weekly and monthly account statements. At the moment you can only download daily statements, for everything else you need to ask support. But, other than that, they are excellent.
  • #11
  • Jul 31, 2014 9:08am Jul 31, 2014 9:08am
For those who intend to use MT4 with LMAX. I am experiencing many disconnections (7 to 9 AM GMT about 20) lasting from a few seconds to may be 1 minute. It can be quite annoying..
  • #12
  • Jul 31, 2014 9:20am Jul 31, 2014 9:20am
Mingary: does this happen often, or is this an exception? I use the webplatform, this one is rocksolid.
  • #13
  • Last Post: Jul 31, 2014 12:50pm Jul 31, 2014 12:50pm
Quoting shrike
Mingary: does this happen often, or is this an exception? I use the webplatform, this one is rocksolid.
Happens everyday, when the market is more active. London open for example.
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