LMax Exchange, a UK-based forex broker, has adopted Protrader Multi-Connect (PTMC) trading platform for forex and contracts for difference (CFDs), Protrader said on Monday.
Ptotrader’s deep integration into LMAX Exchange allows the broker’s clients to take use of PTMC’s advances panels, including Market Depth, Matrix, etc. In addition, traders can close individual positions for a certain trading instrument, instead on rely on first-in-first-out or last-in-first-out rules.
Clients of LMax who use the PTMC platform can open both demo and lice accounts. They can trade with a minimum initial deposit of $10,000, which is on the higher-end, and a trade size of a minimum 0.01 lot, which is considered a micro lot. Meanwhile, the leverage is 100:1. More details about the trading conditions follow:
Other brokers that offer the PTMC platform include FXCM, Protrader, and Sigma Trading, which added the platform in February, while others are yet to be added to the list, including FX Bridge, Interactive Brokers, FxPro, Oanda, Dukascopy, and Gain Capital, aka Forex.com.
PTMC is a product of trading software developer PFSOFT. The platform is free and can be used by both institutional and retail traders and is available for desktop and mobile devices, as well as in a web-based version. It features a wide selection of tools for multi-asset trading, alerts watchlists, smart chart trading with multiple chart types, drawings and studies, as well as fully customizable interface.
Users can chose from a list of supported brokers and trade under their conditions without installing any additional software.
Poland-based PFSOFT is a provider of professional trading technology and solutions to brokers, banks, and exchanges. It serves clients from across the world, including in North America, Australia, Asia, Great Britain, Poland, and South Africa.
London-based LMax Echange is a brand of LMAX Ltd. and is regulated by the UK Financial Conduct Authority (FCA). The broker serves retail and institutional clients across. It offers trading in 70 spot forex pairs, CFDs, bullion, equity indices and commodities.