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  • primi
    replied
    And "some of the worst swaps around" is not exactly the same as "worst in industry" is it?

    Leave a comment:


  • primi
    replied
    If it's relevant depends on your trading style of course. Looked briefly at your link and unless I'm reading it wrong it just confirms what I mentioned:

    Short swaps
    64 brokers better than LMAX
    9 brokers worse than LMAX

    Long swaps
    70 brokers better than LMAX
    3 (yes, three) brokers worse than LMAX

    Admittedly it was for AUDCAD pair, noticed that only after I made that count. EURUSD is much better but then you try GBPUSD and it's very close to AUDCAD so it's not just exotics. That's about as far as I'm going to look into it.

    If you're not holding your trades, than all is fine. I'm using LMAX, FXOpen, Tickmill, Pepperstone, Global Prime, FXPIG.

    Leave a comment:


  • DrTom
    replied
    Is that relevant? No, not joking - how bad are they in comparison? I generally trade "half day more or less absolute max", most trades being significantly shorter.

    According to https://www.myfxbook.com/forex-broker-swaps/lmax/424 it is not that bad - in fact I have a lot of them in green (i.e. LMAX seems better). Please quantify the "worst in the industry".

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  • primi
    replied
    They're OK. But if you tend to keep trades for days (or worse) then be prepared for some of the worst swap rates around. Seriously.

    Leave a comment:


  • Nick
    replied
    Originally posted by DrTom View Post
    In the process of setting up an account. Any warning signs not to use them?
    I don't trade with them, but I've only heard good things from other traders.

    Leave a comment:


  • DrTom
    started a topic LMAX.com

    LMAX.com

    In the process of setting up an account. Any warning signs not to use them?
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