2. Downloading, filling as well as copying and sending the necessary documents

3. Getting the account details in an email, starting to trade

+1 Sending an MT4 account request (in case of need) in a simple email

Open live account

Apply for a Professional live LMAX account

Before you apply, it is very important that you familiarise yourself with the documents that will form LMAX’s agreement with you; the Terms of business (.pdf), the Instrument Information Schedules (.pdf) for professional clients, the Risk Warning Notice (.pdf), the Trading Manual (.pdf), the MT4 Trading Manual (.pdf), the Order Execution Policy (.pdf), the Privacy Policy (.pdf), the Cookie Policy (.pdf), the LMAX Deliverable FX Agreement (.pdf) and (where applicable) the LMAX API Agreement (.pdf). You should also ensure that you read and understand LMAX’s Summary Conflicts Policy (.pdf), Complaints Policy (.pdf) and other Important Information, as described below.

Important Information

Before open your account, LMAX required to verify your identity. If you are an individual and a resident in the UK, Sweden, Germany and Canada, the details you submit to LMAX will be checked by a third party credit agency. This is not a credit check and will not show on your records. If LMAX unable to identify you electronically, LMAX will request further documentation to complete your application. Once your account is open LMAX may ask you to provide further documentation such as evidence of funds to support your trading activity.

Open live account

Note for MT4 account opening

  1. to open an MT4 account you have to first open your LMAX Professional Live account (using the form above)
  2. after your LMAX Professional Live account is open and you fund it, you have to request the MT4 account in email sent to info@ultrafx.com with a “Your name MT4 account request” subject
  3. in the email you have to add your LMAX Account ID and confirm how much money you wish to transfer from your LMAX Professional Live Account to your MT4 account

MT4 account request email sample:

Dear Sir/Madam,

Please open an MT4 account for:

  Name: Your name
  LMAX Account ID: Your LMAX Account ID
  and please transfer from the LMAX web account to the MT4 account the following
  Amount: The amount and its currency you wish to move to the MT4 account

Best regards,
Your name

Risk warning

Online trading increases the speed and efficiency of trading. But does not lower the risk. The use of higher leverage together with not knowing the specificity of certain derivatives and other instruments could lead to total loss of your investment. FX and CFDs are leveraged products that can result in losses exceeding your deposit. They are not suitable for everyone so please ensure you fully understand the risks involved.


UltraFX is the name of the service provided by Moneywheel Research Zrt. Moneywheel Research Zrt. is a tied agent of LMAX Limited which is authorised and regulated by the Financial Conduct Authority in United Kingdom (firm registration number 509778). Moneywheel Research Zrt. is registered with the Central Bank of Hungary (identifier: 23521050) under the Act CXXXVIII of 2007 on Investment Firms and Commodity Dealers, and on the Regulations Governing their Activities with reference number 26590-2/2013.