Looking for a new broker has anyone had any experience with LMAX new POP?
LMAX? Anyone Trade With Them Here? 12 replies
DislikedLooking for a new broker has anyone had any experience with LMAX new POP? http://www.lmax.com/press-centre/lma...-prime-serviceIgnored
DislikedI know I'm missing something, so can I ask the stupid question. What would be the main difference between opening a professional account(retail) and POP with LMAX? If I'm not mistaken the current LMAX model for accounts is to receive liquidity and route orders vie either the banks or there own exchange. For this questions lets say your opening a small account 20-50k. Would there be any benefit from opening a POP or would you need a larger account? Are there any perks in opening a POP (custodian account, commission, spread, ect.)? Sorry if this is...Ignored