Membership
How to Join
Complete an online application, providing three Members as attesters to support your application.
If you are eligible for a Membership and would like to express your interest, please use the button below and the Membership team will be in touch to set up a call. During this call, we will go through the application process in full and advise on the Membership category best suited to your organisation. You will be expected to provide three letters of attestation from current LBMA Members confirming the nature of their relationship with you. You must have had a bullion-based relationship with these three Members for at least one year.
Details of the full application process and Members obligations can be found within the Rules for Members. For more information, guidance or support, please contact us at membership@lbma.org.uk.
Fees
All Applicants must submit an application fee of £1,000 (plus VAT if applicable). Please note this is non-refundable.
On admittance to the Association, an annual subscription is payable. Since membership runs from 1 January to 31 December, subscription fees will be adjusted pro-rata throughout the first Membership year. This subscription fee must be paid before the publication of any admittance decision is made. This annual subscription fee may vary from time to time. The fees for 2024 are as follows:
| Membership | Fee |
|---|---|
| Market Maker | £28,700 |
| Full Member Bank/Trader | £18,400 |
| Full Member Other | £11,900 |
| Affiliate Member – Exchange | £11,900 |
| Affiliate Member | £7,100 |