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Date/Time: Thu, 25 Apr 2024 22:52:02 +0000

[User Discussion] - LMAX for forex trading

[2020-07-09 04:20:21] #1 [Go To First Post]
vish100 - Posts: 111
Is anybody using LMAX for forex trading? Do you know what are their requirements for retail traders like us? I emailed them and they are saying All clients must agree to meet the Wholesale Requirements: Deposit a minimum of $50,000 Trade $250 million per month in notional value All clients must meet the FCA Professional Client Requirements and provide proof for two out of the three below: Must have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters; Must have a financial instrument portfolio, defined as including cash deposits and financial instruments, that exceeds EUR 500,000; I work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged. Thanks

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