If your account remains inactive for more than 6 months, you will be charged $5 for LimeFXry month after the first 6 months. At the prevailing rate, the inactivity fee is quite low and it seems to prompt you to remain active. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.
Additionally, there are statistics on the greatest win in pips, average daily trades, deals with stop loss, deals with take profits. There is no last-look pricing and this account takes advantage of deep liquidity right from LimeFX’s tier-1 providers. The methods for withdrawal are nearly identical, with a few differences. You can view the specific floating commission rates under Trading Accounts on the Commissions page. You will also find commissions for stock trading via PRO MT5 here. To view the full contract specifications for all trading instruments, go to the Trading Instruments portion of the LimeFX website.
Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. LimeFX also clearly state on their platform that Your capital is at risk. That said, please note that you can lose funds when trading in financial assets.
Supports the creation, modification, and utilisation of automated trading strategies. LimeFX offers support for MetaTrader 4 in addition to its proprietary LimeFX Trader App. LimeFX’s account opening process is fast, hassle-free, and fully digital compared to other similar brokers.
LimeFX Review 2022
For traders who want to trade while they are on the move, LimeFX has also provided them with mobile apps for the MT4 and MT5 trading platforms. These apps can be downloaded for free from Google PlayStore or Apple App Store. Stockbroker LimeFX Standard Account TypeLimeFX Standard Account is available to all people of countries and a min deposit of 100 USD/EUR/GBP is required. It attracts a higher spread and offers an LimeFX MT4 platform for Forex trading.
They offer over 50 currency pairs as well as trading in indices, CFDs, spot metals and over 180 share CFDs. LimeFX has a world-class education section available for free in 22 languages and a comprehensive market research and analysis unit. Additionally, LimeFX is one of the few brokers with weekend support, which is helpful for beginner or part-time traders. Overall, LimeFX provides various payment methods, and its processing times are quicker than other similar brokers. The main drawback is that fees are charged on most withdrawal types.
LimeFX Spot Metals
These LimeFX Trading Signals include 8 currency pairs, 3 market indices, and 3 commodities plus 3 popular technical indicators, and 2 scenarios. They also include 4 take-profit lLimeFXls, 2 daily updates before the opening of the US and EU trading sessions, and protective stop-loss to protect your capital and minimize risk. Additionally, LimeFX offers a quarterly market outlook so traders can stay ahead of the markets. This market outlook includes the potential movements within the forex and commodity markets in the coming months. Additionally, it includes availability of all trade types and execution methods, complete trading account control, and optimization for iPads.
That means you can expect a wide range of trading opportunities no matter how much you’re planning on investing in your online trading experience. Over 50 currency pairs are available to trade at LimeFX, including all the major currency pairs, such as GBP/USD, EUR/GBP and USD/JPY. But there are also plenty of minor currency pairs on offer, too, including AUD/SGD, NZD/CAD and GBP/NZD.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LimeFX is a well-regulated market maker/ECN with a good reputation that offers multi-asset trading. Both MT4 and MT5 are supported in addition to the LimeFX Trading app and a wide range of trading tools. Trading conditions are poor on its commission-free accounts but improve significantly on its ECN account. LimeFX charges high non-trading fees, including commissions for withdrawals, but offers an excellent selection of educational and market analysis materials to get new traders started.
- You can earn up to 40 percent commission for each trader who profits by following your trading strategies.
- Many traders appreciate the ability to engage in both stock trading and stock CFD trading with LimeFX.
- Clients only need to complete all of their relevant personal details on the online registration form and submit it before depositing their first amount and beginning trading.
- LimeFX has more than 200 assets that its traders can select from.
This calculator has you input your investment amount, your expected profit, your profit share, and your gross withdrawal amount. This will give you the amount paid to the manager based on the profit share and the net withdrawal. One of the innovative tools offered by LimeFX is LimeFX Pivot Points Strategy which lets you identify the market sentiment immediately. LimeFX delivers an analysis of the market that includes LimeFX Trading Signals.
Conclusion Of The Review: Is LimeFX Broker Legit?
Some financial instruments and derivatives that are off exchange may offer varying lLimeFXrage and may have limited regulatory protection and high market volatility. It should nLimeFXr be presumed Retained earnings that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.
Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms.
You can use either MT4 or MT5 desktop trading platforms with LimeFX. Most of the features are the same as in the web trading platforms. These features include design, languages, order types, search functions, and fee and portfolio reports. It offers a wide range of markets and products for trading through 5 different types of accounts.
The LimeFX Invest Strategy Manager account is a relatively new offering. LimeFX’s copy trading program allows less skilled forex investors to mirror your trades and then you earn a percentage of their profits. You can earn up to 40 percent commission for each trader who profits by following your trading strategies. A swap-free version is available for use with the MT4 platform only. Available asset classes include minor/major currency pairs and spot metals.
Fraudulent Closing Of Trade High Above Stoploss Service Use: Livelength Of Use: Over 1 Year
The minimum deposit is conveniently low and the platform uses No Dealing Desk technology. LimeFX also has deep interbank liquidity and allows for Expert Advisors as well as Logarithmic Trading. To trade stocks with LimeFX, you need an LimeFX Pro MT5 Account. This will give you spreads from 0 pips, the fastest execution, and your choice of mini, macro, or standard lots. Many traders appreciate the ability to engage in both stock trading and stock CFD trading with LimeFX.
LimeFX Autochartist provides the world’s first Market Scanner available for MT4 & MT5 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can’t remember which currency you’re taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade. You can start using the MetaTrader 4 platform with LimeFX in multiple formats including through an online web platform, Through a downloadable application for Windows PC’s and Apple Macintosh computers.
Over the years, LimeFX has won numerous awards from different bodies in the trading space. There’s a very clear pricing policy across the LimeFX website, so you won’t have any unpleasant surprises as you trade. Deposits are free, as are withdrawals made via Neteller or Skrill. Other withdrawal methods incur a small charge, and the Advantage account is also subject to commission fees. It’s important to understand that withdrawal methods tend to attract a fee at LimeFX, although once again, this will depend on your preferred option. Our LimeFX review discovered that Neteller and Skrill withdrawals are fee free, so you could save yourself some extra money by opting to use eWallets to access your withdrawals from the site.
Top-tier regulatory oversight means a safer trading experience for all. You need to fill in the necessary details needed in order to register. This includes your first and last name, phone number, country of residence, email, and simply create a password to secure your account.
DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.
LimeFX or LimeFX for short has been around since 2011 and caters to forex and CFD traders all across the world. Trading financial products carries a high risk to your capital, especially trading lLimeFXrage products such as CFDs. At present, there are no fees for using the Micro or Advantage Plus accounts, although some withdrawal options will incur a charge. We should note that Advantage Plus is almost the same, with the difference that spreads start from 1.5 and there are no commission fees on trading. LimeFX has sLimeFXral excellent qualities that make it one of the most sought after Forex companies in the industry.
For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers. Be aware that different entities under the LimeFX Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence limefx broker reviews of the Client. Additionally, the trading instruments offered by LimeFX may vary depending on the trading platform you choose to trade with. You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account.