Benefit from over 300 tradable instruments from 6 asset classes available on one single platform. With LimeFx, you can access competitive spreads with both our Live Floating and Live Fixed accounts. Fixed spreads allow you to trade with predetermined and steady spreads without worrying about sudden changes.
Floating spread and Fixed spread accounts
Navigate through a fortified trading realm characterized by swift execution and zero requotes. MetaTrader 4 (MT4), renowned for its steadfast reliability over three decades, stands as the preferred online trading platform for novices and seasoned traders alike. Its global acclaim stems from its user-friendly nature, intuitive features, and the capability for automated trading, culminating in a comprehensive solution tailored for triumphant forex trading ventures. In addition to this, clients of the brokerage firm can trade directly in the browser of their computers and smartphones without any software installation while using WebTrader. Clients of the brokerage firm will benefit from flexible leverage and competitive spreads across the entire commodity range. With spreads from 3 points, traders can easily keep their costs on the lower edge of the spectrum.
Opening an Account
The market is volatile and ever-changing, and staying on top of the latest developments is made easy with the mobile app version of MT4. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action. LimeFx does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply. The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade.
Choose an account type that suits you best
I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will get complete access to all trading instruments the broker provides. LimeFx allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash.
- When clients of LimeFx are ready to switch to a live account, they should get ready to undergo a verification of their identity.
- The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.
- The type of account that is right for you also depends on your risk tolerance, your initial investment size and the available time you have to trade on a daily basis.
Most trading companies that are even sponsors of some fantastic sports teams are regulated by those. Based on some LimeFx reviews conclusion https://limefx.name/ is that this could make potential issues. When you buy a CFD contract, you speculate on the price movement of the underlying asset.
LimeFx does not list minimum deposit or withdrawal requirements and does not levy internal fees. Traders may face third-party processing costs or currency conversion fees. Supported transaction currencies are USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF. LimeFx converts deposits and withdrawals in other currencies to the account base currency at market rates.
Therefore, the swap fee offered by this regulated brokeris quite competitive compared to other brokers in the industry. LimeFx account managers and dedicated customer support can provide guidance limefx broker reviews and support you 24 hours, 5 days a week. This is important as you can get access to talk to a real human with minimal delay, something that is vital in the fast pace of the modern markets.
Most non-banking payment processors have geographic restrictions, and the LimeFx client portal will only list the ones available to traders. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards.
Traders with highly specific investment preferences might find more tailored options elsewhere. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. I did not find any specific feature in LimeFx’s offering to say that the broker is better suited for high-frequency or longer-term trading. MT4’s app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult.
Any rates, terms, products and services on third-party websites are subject to change without notice. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account.
This firm may be providing financial services or products without our authorisation. You should avoid dealing with this firm and beware of potential scams. Internal processing times are within 24 hours, but the final transaction time depends on the payment processor and the geographical location of traders.