From what I remember, LMAX also expects at least $10K starting deposit, but IB's take customers with less capital ($2.5K, or even $1K). Unless something has changed?

LMAX = revolution?!?

Thank you Jason! Your explanation answers my question perfectly. It all makes sense. Obviously a serious trader should go with the NDD option right away... if she's really serious, she would be forced to anyway.

FXCM Discussion

Dear Jason, As a potential future customer of FXCM, here's what I don't understand. Why are you keeping DD account option at all, when obviously you're profiting much less with that account option (only half the markup of the NDD option)?! Why don't ...

FXCM Discussion

Thank you for your post. Fastbrokers definitely look interesting. And their Pathfinder Trader software. So, them being an IB for LMAX Exchange, can you explain in a little more detail how the account setup went. What documents they needed, where did ...

LMAX exchange