The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount. LimeFx ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Investment in Asset Classes or Markets by LimeFx
It also offers connectivity to key exchanges in Canada, Mexico, andEurope. MetaTrader 4 is offered with LimeFx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. Finally, for experienced traders, there’sthe MT5 Global account. This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less.
What cryptocurrencies are offered by LimeFx Crypto?
For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.
Additional Features
There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare the markets and instruments offered by LimeFx and its competitors.
Commodity CFD trading on LimeFx
The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. On the other hand, there’s a 2 USD commission per traded lot per side. The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities.
Cant withdrawal my money
We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. We will help to challenge your ideas, skills, and perceptions of the stock market. Every day people join our community and we welcome them with open arms. We are much more than just a place to learn how to trade stocks. Additionally, LimeFx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app.
The investor’s compensation fund has LimeFx as one of its members. Reduction in FORTS rate, Zero Commission, Zero Rates in the MICEX market, etc. are beneficial deals that LimeFx offers. The platform further has already-configured options, including Covered Calls, Iron Condors, etc. One of the common electronic payment networks in the United States.
The proprietary platform, Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the LimeFx network. While using LimeFx, our team were impressed with the breadth of trading tools and extra services. LimeFx is licensed by NFA, FINRA, Bank of Russia, and is https://limefx.group/ a CySEC regulated broker-dealer. CySEC regulation is quite rigorous, requiring segregated funds, KYC checks, and financial compensation schemes. LimeFx offers an excellent range of deposit options to suit traders in different regions. With this live account, you cannot trade CFDs on shares, stocks, futures and bonds.
While LimeFx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into LimeFx’s offerings, evaluate the platform based on your goals and preferences. The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. Many of the available trading platforms like MT4 and MT5 have a web platform, which runs through a browser and does not require any downloads.
- Other platforms for trading include Sterling Trader Pro, which has option tools and shows real-time market data as well.
- Unlike some brokers,LimeFx’s account types are defined by the type of asset traded – forex,stocks and options, futures, or CFDs.
- If you’re an experienced active day trader, you may find that LimeFx has better rates than your current broker.
- Also, the minimum amount to open a future or margin account is $2,500.
- It allows for practicetrading without risking real funds, offering a way to become familiar withtheir trading conditions.
- It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal.
That being said, there are sometimes desktop versions available for which a download would be required. LimeFx provides access to a free demo account that facilitates risk-free investing practice. The sign-up process for the demo account is much faster than the live account registration. MetaTrader and CQG have intuitive mobile apps that LimeFx clients can access for free. These provide many of the same features you would find on the desktop and web versions but they allow traders to invest from wherever they are in the world. Each of these apps can be downloaded for free from the Apple App and Google Play Stores.
It allows investors to have access to markets without actually trading on their own. This might lead to the potential generation of revenue through investment fund management. LimeFx’s Cyprus SEC- Registered company allows non-US traders to open an account with them and enable spot trading in cryptocurrencies, CDFs. Transfer of funds through this account takes two to three dates (approximately).
Lime Trading (CY) Ltd – the owner of LimeFx – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations. We were unable to find details of a no-deposit welcome bonus. European regulators have taken a tougher stance on these types of promotions in recent years. While using LimeFx, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients.
Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. Credit card withdrawals usually take 5-10 minutes, though some other withdrawal limefx methods can take up to three days. Minimum withdrawal amounts also apply to certain processing methods. Importantly, these times and minimum requirements are in line with most of the industry.
The laudable support system is multi-channelled across live chat, email, and phone communication. Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment. LimeFx has a wide range of markets to invest in, including various securities and derivatives.