LimeFX online ltd

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. Deposit times are instant apart from bank transfers, which typically take 2-3 business days. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients.

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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. In addition to commission and spreads, swap rates may apply for positions held overnight. These can be positive or negative, depending on the asset and whether it is a long or short position. Trading charges on LimeFX vary depending on the account type.

LimeFX online ltd

LimeFX futures and futures options review

The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. LimeFX is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade.

Trading Fees

I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. LimeFX offers both investment and market speculation opportunities to its clients. The rest of this review will explore theofferings, accounts, and trading conditions available from LimeFX ingreater detail. The laudable support system is multi-channelled across live chat, email, and phone communication.

The US brokerage employs a market maker straight-through processing (STP) broker model. It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in limefx website 32 languages.

  1. In addition, we’ll guide you through account opening step-by-step.
  2. The sign-up process for the demo account is much faster than the live account registration.
  3. The minimum amount required is USD 100/EUR 100 and users pay a commission only for results.
  4. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites.

LimeFX offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies. LimeFX has a wide range of markets to invest in, including various securities and derivatives. Traders placing a high volume of positions will also find the fees very reasonable.

During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. If you leave your account unused over a long period, LimeFX will charge an inactivity fee.

Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The limefx forex broker broker provides access to trading major, minor, and exotic currency pairs. In this review of LimeFX, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. LimeFX’s commission structure may beattractive to cost-conscious traders.

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