Traders registering with LimeFX have the choice of three account types- The Micro, Standard and the Zero Account. While the trading conditions like the number of base currencies, contract size, and the spread are a factor of the account type, the CFD broker does not charge commissions. The only costs are the spread, which starts at 0.1 pip for the major FX pairs and the swap for holding overnight positions. LimeFX offers an exceptional trading platform that combines efficiency with a wide range of tools. Their detailed market analysis has proven invaluable, allowing me to make well-informed choices in my trades. LimeFX provides a robust trading environment with a wide range of instruments.
What happens if my account falls below the required margin?
They protect funds in financial transactions by using segregated accounts. This means that clients’ funds are kept separate from the company’s operational funds, which protects them in the unlikely case of the broker’s financial limefx scammers instability or insolvency. Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account. One of the primary resources is the daily market analysis, which includes interesting insights into major financial markets, updates on significant economic events, and analysis of key market trends.
Learn to Trade
- We use dedicated people and clever technology to safeguard our platform.
- It operates without leverage, purely on the MT5 platform, and is only available through LimeFX businesses regulated by the Belize FSC.
- However, the spreads aren’t always the most competitive.
- This translates to fast and affordable deposits, which is a big plus.
- They might be aware of upcoming features or suggest workarounds.
LimeFX provides various high-quality and enjoyable educational content aimed at beginner traders to help them build their trading knowledge and skills. Yet while MetaTrader is a popular platform for forex traders, the lack of a proprietary desktop/web platform is a considerable drawback for beginner traders looking for a simplified trading experience. It includes Depth of Market (DOM) features and a built-in economic calendar. The availability of base accounts in EUR, GBP, USD and JPY can help minimize conversion fees, unlike eToro, which only supports GBP and USD for deposits, holdings, and trades.
How do I open an account with LimeFX?
Beyond trading fees, I encountered no hidden charges while using LimeFX. Overnight fees, common in the industry, apply to cash instruments held overnight and are reasonable. The broker also waives deposit and withdrawal fees, although bank transfers might incur a small fee. LimeFX offers a strong range of over 1,000 instruments, particularly in forex, stocks, and indices, which are key markets for active traders.
Yes, based on your detected country of FI, you can open an account with this broker. Through client trading andrecommendations, the partner program gives you the chance to make more profit. LimeFX supports funding through bank wires, Neteller, credit cards, and Skrill. There are also 16 stock indices available to trade with the major European, US and Asian stock indices all present. Thank you so much for taking the time to do a review. Yes, instructional tools, like webinars and tutorials, are available in multiple languages, serving a global audience.
By reading this review, you will gain a better understanding of whether LimeFX is the right broker for your trading needs and preferences. LimeFX.com processes all withdrawal requests within 24 hours. Fund withdrawals via eWallets are generally credited to your account the same day. However, if you choose bank wire transfers or cards, it could take 2-5 days to receive the credit.
Trading Platform
LimeFX’s platforms have aone-click trading feature that lets traders make deals quickly and easily withjust one click. Pleasenote that deposit and withdrawal methods vary based on client location. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors. Moreover, losses in leveraged products may exceed your initial deposit. Before making any decisions regarding Forex or any other financial instruments, it is essential to thoughtfully consider your investment objectives, your level limefx website of experience, and your risk tolerance.
