The broker allows you to trade 13+ indices, such as AUS200, EU50, US500, etc. LimeFx also provides access to LimeFx TV, which features videos from the company’s analysts. There is also a podcast called Global Market Insights that has regular episodes. Each chart can be displayed as a bar chart, a candlesticks chart, and a line chart. While candlesticks are generally more popular among traders as there is an abundance of candlesticks patterns used to make trading decisions, other types of charts are also popular. Both beginners and advanced traders have plenty of options to choose from when developing their trading strategy.
Deposits and Withdrawals
Other than this, the Standard and Micro Accounts are essentially identical. The LimeFx Foundation page on the LimeFx broker’s website includes recent news and initiatives from the foundation. These include specific donations made and the goals of those donations. You can view all of the relevant legal documents for LimeFx on the Legal Documents page of the website. This includes documents such as terms and conditions, the bonus program, the loyalty program, the conflicts of interest policy, and more. At the time of writing, there are 12 documents in this section, all available for download as PDFs.
Do LimeFx Charge Inactivity Fees?
Clients also get access to trading ideas and analysis to help them better understand financial markets. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. MT4 still has long been the trading platform of choice from all types of trades across the globe. It is well known for its user-friendly interface and abundance of built in trading tools for conducting detailed chart analysis and trading efficiently.
Customer Reviews
LimeFx provides a comprehensive suite of research and educational resources, including trading guides, webinars, and fundamental analysis tools. While many of the best brokers charge traders a commission fee for stock CFD trading, LimeFx provides commission-free commodity and share trading. The LimeFx Micro and Standard Accounts are commission-free account types with spreads starting from 1 pip. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it.
With a wide range of trading instruments available from a single multi asset platform LimeFx makes trading easier and efficient. The mobile trading platform allows traders to gain access to multiple tradable assets, including forex, crypto, and CFDs. The LimeFx login procedure is extremely easy and straightforward. You cannot use an MT5 account on the MT4 trading platform, so make sure you create your MT4 account beforehand. The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. Investor protection is important because it provides confidence to potential investors that their money is safe and protected.
Why is Choosing the Right Account Type Important?
- Most customer complaints can easily be resolved via this step.
- For the forex market, one market will close when another opens thanks to markets in New York, Sydney, Tokyo, and London.
- Share trading comes for a minimum of 0.10% charge in the UK, and Germany whereas the broker charges 0.04$ commission per share besides the $1 commission on each transaction.
- This room focuses on fundamentals, basic concepts, opening accounts, and trading, among other topics.
If you’re looking for reliable and accurate information about brokers, you’ve come to the right place. LimeFx has a mobile trading app available on Google and Apple stores. You will not be charged a fee for opening an account on the platform.
If you are looking to trade cryptocurrencies with all other benefits, Markets.com might be a good alternative for you.
However, if you are inactive for 90 days, you will have to pay an inactivity fee of $15. Subsequently, you will be charged $5 monthly if this inactivity persists. As a trusted broker, LimeFx is regulated by tier-one regulatory bodies and takes measures to guarantee the safety of your funds and information. Signing up with LimeFx broker involves filling up the registration form and completing the KYC process.
Known for its client-focused services, LimeFx offers a competitive edge with its ECN spreads available to traders in the UK and Europe. However, it’s worth noting the brokers commission-free spreads are not as competitive in comparison. LimeFx Group offers a strong selection of trading platforms and tools, including MetaTrader 4 and MetaTrader 5. The rating for platforms and tools is average, making it a viable option for most traders. In addition to providing excellent support, I am impressed with the trading conditions you can get access to for a small deposit of just $5. LimeFx Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second.
Once traders agree to some standard disclosures they can click the MT4 or MT5 icon on their desktop and be on the platform in seconds. Traders with Micro or Standard accounts can open and fund an account with a minimum of $5, while LimeFx Zero accounts require a minimum deposit of $100. First, you fill in some basic information including your name, address, and some information about your financial background and trading experience. LimeFx Alternatives – Not sure if LimeFx is quite right for your trading? Some alternatives you might be interested include Plus500, eToro, and Forex.com You can also check out our full guide to online brokers including lists of brokers available in . LimeFx offers trading in more than 55 currency pairs including majors, minors, and many exotics.
As with most regulated platforms, LimeFx broker requires your personal information and details while setting up an account. You will need to provide accurate information as these will be verified later using a government-issued ID. There are several account types available and you can choose whichever suits you during the signup process. LimeFx advertises a bonus offer of up to 20% of the deposit amount under its promotional campaign.
This is a great way to get feedback from industry professionals who know what matters the most to traders. Whether it’s their infamous CopyTrader or global outreach that caught your attention, there is no doubt that limefx forex brokers reviews eToro is a top broker. This review will discuss how to open an account with eToro, regulations, online trading fees, spreads, leverage, verification process, safety measures and deposit & withdrawal methods.
Since the policy began in 2010, LimeFx has had no rejection of orders and no requotes at all. 100 percent of orders are executed, with an impressive 99.35 percent executed within a second. It is important to note that LimeFx uses variable spreads, as does the interbank forex https://limefx.vip/ market. By offering variable spreads, LimeFx is able to eliminate the need for an insurance premium. That would be necessary for fixed spreads since they tend to be higher than the variable spreads. LimeFx offers high leverage but also tools to monitor risk exposure.
