Is LMAX.com a fair Forex Broker?
LMAX is a Forex Broker offering Forex Trading services via MetaTrader 4 / 5 trading platform. Regarding orders execution model, LMAX is a forex broker with its own exchange - like ECN. So orders of traders are matched within their exchange and executed by the liquidity providers of their exchange (one of the liquidity providers can be LMAX itself). Lmax doesn't offer any type of % deposit bonuses, huge leverage, competitions etc. - this is a good sign. They also have fast orders execution and various solutions for various market participants.
Pros: Its own ECN exchange, fast orders execution, extensive solutions
Cons: Minimum deposit 10k USD, slow account opening