Lmax provides two main account types, although, there is little information available on the exact features of these accounts. The lmax account types include lmax global account, and lmax corporate account.
Lmax global nz registered financial services provider based in new zealand learn more eligible clients reside outside of europe faqs start application. Please note before we can open your account, we are required to verify your identity and country of residency.
Which live trading accounts does lmax offer? Lmax global account which can be used by professional traders, broker-dealers, money managers, mt4, and mt5 brokers. What are the available deposit currencies for a live trading account? Aud chf eur gbp hkd usd, and several others.
lmax global currently offers accounts denominated in gbp, eur, usd, aud, chf, jpy, pln, sek, sgd, hkd, and huf. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
Risk warning contracts for difference (cfds) are complex financial products that are traded on margin. Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. 11 of retail investor accounts lose money when trading cfds with this provider.
Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. 11 of retail investor accounts lose money when trading cfds with this provider. As a result, cfds may not be suitable for all investors because you may lose all your invested capital.
Our premium account has been carefully tailored to meet the trading needs of retail fx traders and with the minimum trade size starting at 0. 01 lots, this competitive account offers you the flexibility to trade up to 60 lots in a single trade.
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Your trading account login details will correspond to a login on the trading platform which matches your type of account and is ultimately where you will be performing your trades. Any depositswithdrawals or other changes to settings you make from the xm members area will reflect on your corresponding trading platform. What is a multi-asset trading account? A multi-asset trading account at xm.