New Posts For Thread: LMAX CHARGEShttps://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-chargesI trade CFD's on the advice of a personnel broker, who whilst has been successful I do find the charges on the high side compared to profits . His firm use IG Index market leaders in the field I know but would LMAX reduce my charges and commission .https://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=487096993#487096993Thu, 24 Feb 2011 18:31:36 -0600Lmax has said in paper that shares will start sometine in 1Q 2011just open account and see...have a smail trade and work it out for yourselfhttps://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=474067461#474067461Lmax has said in paper that shares will start sometine in 1Q 2011just open account and see...have a smail trade and work it out for yourselfSat, 13 Nov 2010 09:00:45 -0600Mostly trade shares but occasionally indexs , so can see from above that costs trading on LMAX are much less , when will LMAX trade shareshttps://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473944941#473944941Mostly trade shares but occasionally indexs , so can see from above that costs trading on LMAX are much less , when will LMAX trade sharesFri, 12 Nov 2010 08:54:03 -0600value of 1 contract come down to what you buy/short...in the case of FTSE 100 index1 contract is about £5500, so a openand close will cost you £0.50 what are you trading?https://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473823773#473823773value of 1 contract come down to what you buy/short...in the case of FTSE 100 index1 contract is about £5500, so a openand close will cost you £0.50 what are you trading?Thu, 11 Nov 2010 10:29:05 -0600nairda thanks for your reply - what value is one LMAX contract I cant seem to see it on their site - how does a contract work ?https://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473794533#473794533nairda thanks for your reply - what value is one LMAX contract I cant seem to see it on their site - how does a contract work ?Thu, 11 Nov 2010 05:32:31 -0600IG Group must get hit hard by Lmax if Lmax is charging £5 to trade 1 FTSE 100 contract (open+close)...I markets will have to cut there rates, and I guess profits as wellhttps://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473791357#473791357IG Group must get hit hard by Lmax if Lmax is charging £5 to trade 1 FTSE 100 contract (open+close)...I markets will have to cut there rates, and I guess profits as wellThu, 11 Nov 2010 04:38:49 -0600what are you trading...shares, Oil. Fx , or share indiexs?right now i believe Lmax doesn't trade shares, this will start next yearLmax should be cheaper...this the point of LmaxLmax charges £0.25 per index contract on the buy and again £0.25 per inhttps://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473765065#473765065what are you trading...shares, Oil. Fx , or share indiexs?right now i believe Lmax doesn't trade shares, this will start next yearLmax should be cheaper...this the point of LmaxLmax charges £0.25 per index contract on the buy and again £0.25 per inWed, 10 Nov 2010 19:44:44 -0600Sorry - its IG Markets we use and not IG Index - commission is charged at 0.25% per trade ( 0.15% broker - 0.1% IG ). Funding rates = LIBOR +2.5%. Thus each £50,000 trade costs £250 in commission.Joined broker in July and after 31 trades net profithttps://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473423081#473423081Sorry - its IG Markets we use and not IG Index - commission is charged at 0.25% per trade ( 0.15% broker - 0.1% IG ). Funding rates = LIBOR +2.5%. Thus each £50,000 trade costs £250 in commission.Joined broker in July and after 31 trades net profitMon, 08 Nov 2010 04:28:49 -0600Daymor bear in mind that IG Index is essentially a bookie. LMAX is not taking the other side of your trades, it'a a legit exchange.You'll be able to see the actual orders in the market and there will be no funny business.Lmax is the future.https://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473421489#473421489Daymor bear in mind that IG Index is essentially a bookie. LMAX is not taking the other side of your trades, it'a a legit exchange.You'll be able to see the actual orders in the market and there will be no funny business.Lmax is the future.Mon, 08 Nov 2010 03:56:19 -0600Whys that ?https://community.betfair.com/lmax/go/thread/view/116485/26218657/lmax-charges?post_id=473419909#473419909Whys that ?Mon, 08 Nov 2010 03:22:51 -0600