In the inter-bank market, there estimated to be ten large global banks and institutions trading Forex. The total daily volume is nearly $4 trillion US dollars according to the report compiled by Bank of International Settlement. The banks and institutions trade among themselves and set the prices for particular currency pairs. Because there is no central exchange in Forex, each participating bank is a market maker thus produces its own prices.
Advanced Price Discovery
LEX advanced price discovery algorithm takes advantage of the price differentials. We gather the prices from the banks, our algorithm seeks the best bid and ask prices and produce the single efficient price to you. The result is that you as a LEX customer can enjoy better pricing and direct quotes that constantly reflects the market.
Standard Inter-Bank Pricing Protocols
All of our prices are quoted in the standard inter-bank format. We apply tight fractional prices across all of our dealing instruments. As always, our customers do not pay any commissions when trading with us. The only transaction cost is the tight dealing spread which is the difference between the bid and ask price.
Make A Deposit
We offer a range of efficient and secure deposit methods, credit card, cheque and bank wire. Learn more »
Account Comparison
Choose from popular three account types to see which account is right for you. Learn more »
Account Forms
Looking for account forms? Download the fillable PDF. Require the Adobe Reader. Learn more »
