Lmax "professional" contract size is 10,000 and "institutional" contract size is 100,000. So it's almost the same. But pro volume still slightly bigger.
And it's possible to open account with $1000 only, through their IB's.
The spreads are much wider on institutional, also there are 20+ levels of depth on pro vs. just 5 or 6 on on inst. Are you guys blind? Its clearly not the same.
The spreads are much wider on institutional, also there are 20+ levels of depth on pro vs. just 5 or 6 on on inst. Are you guys blind? Its clearly not the same.
Fine. If you have an android device, download the app "Lmax Vwap" - with that you can see 20 levels of all three (pro, inst, interbank). The only thing that is remotely worthwhile is pro. But w/e..
{quote} That's very complicated at the moment... The way to know is to study Currenex White Label... But all of them don't provide an access to non institutionnal traders.... http://www.currenex.com/clients/brokers/ I personnaly want to stay in Europe, segregated account. The question is not which one is the best but which one can we choose ? ... In UK you have Fixi, but requires a 100k deposit... Marex Spectron, 250k deposit. Divisa Uk but didn't have an answer.... Interactive Brokers maybe but I'm skeptical : they allow small order...
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baxters fx seem pretty good, yes the accounts are segregated and they have multiple platform access, some pipe into Mt4 . very helpful and the spreads are extremely competitive. the idea you can use one platform to enter and one to exit based on the spread diff is exciting , effectively you can get to 2 pip spread and that's worth a bundle in keeping the slippage to a low. ( difference in 5 - 6 pips to 1 to 2 is very palatable )
Is anyone using them? some excellent platforms ( comment on Lmax ? are you saying they are going under or they have posted some poor results ?
{quote} baxters fx seem pretty good, yes the accounts are segregated and they have multiple platform access, some pipe into Mt4 . very helpful and the spreads are extremely competitive. the idea you can use one platform to enter and one to exit based on the spread diff is exciting , effectively you can get to 2 pip spread and that's worth a bundle in keeping the slippage to a low. ( difference in 5 - 6 pips to 1 to 2 is very palatable ) Is anyone using them? some excellent platforms ( comment on Lmax ? are you saying they are going under or they...
im in the market for one, I am finishing a development program and its close with excellent results, it will be a staged process and working with professionals is the key.
im in the market for one, I am finishing a development program and its close with excellent results, it will be a staged process and working with professionals is the key. Why ?
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A Prime Broker is very hard to obtained thanks to the SNB.
You can however leverage off a Tier 1 broker who has one and accessing the platforms they offer.
