LimeFx Reviews and Comments written by Real Forex Traders
This is one of the best results in terms of quickness of account opening among the brokers with European regulation. Citizens of other countries can also open accounts on LimeFx provided that the broker complies with the laws and regulations of such countries. There is exhaustive information about the restrictions on the website of the Cyprus regulator, as the source. At the time when this review was being prepared, citizens of 30 European countries could open an account with the broker.
- LimeFx offers an array of trading accounts and platforms, plus low spreads and commission charges.
- The line of financial products for passive income is a very strong suit of LimeFx.
- Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips.
- Citizens of other countries can also open accounts on LimeFx provided that the broker complies with the laws and regulations of such countries.
- I like how they take an individual approach to each client regardless of your investment size and have 24/7 support.
LimeFx offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types. In a world full of trading possibilities, LimeFx is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms. Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis. I like how there are accounts for different trading styles and flexible payment options fund your account. They cater for beginners with lots of helpful educational content and practice accounts. If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option. If you are looking for a convenient way to trade the markets, I would certainly give them further consideration.
Customer Support
It allows for practicetrading without risking real funds, offering a way to become familiar withtheir trading conditions. LimeFx ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums. LimeFx offers MT4/MT5 trading platforms, which fully support algorithmic and copy trading. Trader may use customizable desktop clients, lightweight web-based alternatives, and user-friendly mobile apps. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. LimeFx is a globally renowned online securities trader that best describes itself as a deep discount brokerage house.
LimeFx’s Fees and Pricing Review
Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. LimeFx is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. This is an account for beginners who want to understand how the currency market works, and practice trading without any financial risk. I also think demo accounts can be a great way to practice a new trading strategy and see what a broker has to offer before making a commitment. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
We estimated the broker’s reliability as high, but not as high as possible. We estimated LimeFx commission on the Forex market as very low. DayTrading.com is committed to helping traders of all levels make informed decisions https://limefx.group/ about which broker to trade with. Type “LimeFx online LTD CySEC” into Google, and the broker’s accreditation will appear. You can also search for the broker’s name in the respective regulator’s digital register.
Fiat-crypto payments – supported
Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB.
We are hoping that the broker will soon eliminate this drawback. The only drawback is that some publications may be absolutely useless. Analytical and news reviews are rather a strong suit of LimeFx. On LimeFx, you can open an account in one of three currencies – EUR, USD, RUB.
As a reminder, a marginal position means that you purchase securities not only with your own money, but also borrow from the broker. We estimated the selection of investment products on LimeFx as excellent and the commissions as average in the market. The size of the swap depends on the interest rates of the scammed by limefx central banks that issued the currencies in the currency pair. In case of positive swap, a certain number of points is accrued to the account, and in case it is negative – the points are written off the account. While using LimeFx, our team were impressed with the breadth of trading tools and extra services.
However, active traders may require a more sophisticated platform. Additionally, LimeFx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.