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LMAX Question

  • #1
  • First Post: Jul 10, 2015 8:31pm Jul 10, 2015 8:31pm
Does LMAX offer Micro (1000), Mini (10,000), Standard (100,000) lot sizes? thanks
  • #2
  • Jul 10, 2015 8:37pm Jul 10, 2015 8:37pm
not offer micro.
  • #3
  • Jul 11, 2015 1:40am Jul 11, 2015 1:40am
I think they offer micro lots through an IB.
  • #4
  • Jul 11, 2015 4:33am Jul 11, 2015 4:33am
Yes, at least for MT4... except for indices and commodities
  • #5
  • Jul 11, 2015 6:31am Jul 11, 2015 6:31am
Quoting jossfx
Yes, at least for MT4... except for indices and commodities
I think 0.1 on Web platform is actually a micro as it is setup different to mt4.
  • #6
  • Jul 11, 2015 7:24am Jul 11, 2015 7:24am
Yes you can trade 0.1 (1000 units) on the web-platform too for FX. Not for indices tho.
  • #7
  • Jul 11, 2015 9:34am Jul 11, 2015 9:34am
They offering few mini CFD contracts where pip value equal to 10 cents.
  • #8
  • Jul 12, 2015 9:29pm Jul 12, 2015 9:29pm
Through my web interface, I can only trade mini's and up (0.1).
Through the LMAX phone app, I can trade micros!
I sometimes see my orders filled in .01 steps, so someone is trading micros on LMAX, even though I thought that originally mini was the smallest they would accept.
I only trade AUD/USD, so can't comment on other products.
Holy Grail part 1. - Cut loses short.
  • #9
  • Jul 13, 2015 2:44am Jul 13, 2015 2:44am
Quoting mystic
Through my web interface, I can only trade mini's and up (0.1). Through the LMAX phone app, I can trade micros! I sometimes see my orders filled in .01 steps, so someone is trading micros on LMAX, even though I thought that originally mini was the smallest they would accept. I only trade AUD/USD, so can't comment on other products.
When using webtrader - 1 lot has 10000 notional value. So 0.1 is 1000 units - the same as 0.01 on MT4 platform.
  • #10
  • Jul 14, 2015 8:07am Jul 14, 2015 8:07am
don't advice to have any deals with them. not reliable company
  • #11
  • Jul 14, 2015 12:38pm Jul 14, 2015 12:38pm
Quoting KyleSP
don't advice to have any deals with them. not reliable company
Why not? Can you elaborate with specific examples?
Make your losses in demo. Earn your profits live.
  • #12
  • Jul 14, 2015 1:14pm Jul 14, 2015 1:14pm
Quoting KyleSP
don't advice to have any deals with them. not reliable company
Says the guy with an account with Gainsy which is regulated where.....
  • #13
  • Jul 15, 2015 8:16am Jul 15, 2015 8:16am
Quoting Forexia
{quote} Why not? Can you elaborate with specific examples?
I can, but this long to write. you may believe or not, also you may contact me pm. then may be I will share

Quoting mitch77
{quote} Says the guy with an account with Gainsy which is regulated where.....
oh god.. another clown who believes in almighty regulation i don't care bwt
  • #14
  • Last Post: Jul 15, 2015 9:10am Jul 15, 2015 9:10am
Most likely at some point in the future Gainsy going to be scam broker as well.
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