LimeFx offers ultra low spreads across a wide range of forex assets with no re-quotes or hidden charges. Over 50 currency pairs are available, which is above the market average and is in line with one of our top award-winners, AvaTrade. With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements.

Overnight Funding Fee

Equally, the Zero account offers raw spreads from 0.0 pips with a low commission of $3.50. LimeFx.com is a good option if you want a low-cost broker with transparent pricing and no hidden charges. LimeFx has one of the best customer support teams we have encountered. Multilingual customer service is available in over 30 languages, including English, Chinese, Russian, Spanish and Arabic. You can contact the broker 24 hours a day by telephone, email, and live chat. Day traders can speculate on leveraged CFDs with zero commissions, spanning popular markets including currencies, equities and commodities.

Best Online Brokers for Stock Trading: 2024

Here, you can find the most popular trading platforms such as MetaTrader 4 and MetaTrader 5, or go with the custom-made trading platform of LimeFx. There are numerous options for depositing funds available and it is completely free to make these transactions, there are no hidden fees charged by the broker. The broker has adopted modern technology to ensure that the clients are able to start trading in a short time after registration.

Trading App

Please note that LimeFx reserves the right to revoke the swap-free status granted to any real trading account in the event of any form of abuse. Joey Shadeck is the Content Strategist and limefx official site Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.

LimeFx.com Broker Review: What’s the Deal With the Huge Leverage?

This account is a perfect fit for those who follow strict sharia law and they pay a fixed fee instead of swaps. This type of fee is not an interest payment and fully depends on the direction of your order. Because of the way it works, it is also sometimes referred to as a swap-free account. Among the indices available on LimeFx are AUS200Cash, SWI20Cash, US500Cash, and many others. Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange.

Deposits and Withdrawals

They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). Yes, LimeFx is a truly great Forex broker with years of experience in the financial markets. With its long experience, LimeFx has managed to become one of the leaders in the market. Being regulated by highly-reputable agencies, LimeFx is known for being a highly secure and safe broker. After some thorough and detailed analyses of everything that LimeFx has to offer, we are very glad to say that this broker can easily be trusted by traders around the world.

This also means that a necessity of currencies to be traded against each other is needed in order for this to happen. All these factors have determined a growing forex trading marketplace, which will only continue to grow and become more dynamic, liquid and responsive. Clients who need the freedom to trade in multiple asset classes, are recommended to choose the MT5 family of trading platforms, which also gives them access to the LimeFx WebTrader. A forex trading platform is in essence the software provided by LimeFx to its clients to carry out their trades.

The client has the freedom to decide at which price they decide to buy or sell, and vice versa, and can execute a transaction at any time they wish. Our wide range of CFD trading instruments offers to our clients the power to choose easily and efficiently between stocks, forex, precious metals and several other asset classes. Our clients also enjoy trading from a single multi asset platform with some of the most competitive spreads and with our no rejection of orders and no re-quotes execution policy. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

  1. LimeFx Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second.
  2. They also have a dedicated FAQ page to help clients search for answers to their questions.
  3. To ensure traders are not able to lose more money than they have in their accounts, negative balance protection is adopted.
  4. They are one of the best brokers for day trading from my experience.
  5. The forex webinars are available 19 languages, 7 days a week with 65 webinar instructors.
  6. LimeFx Group’s extensive offer of tradable instruments allows traders to access a broad spectrum of markets, from forex to stocks and commodities.

They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals. LimeFx is a well-rounded broker suitable for traders of varying experience levels. Its competitive features, regulatory compliance, and commitment to user satisfaction make it a viable choice for those looking to explore the world of trading. As always, potential traders should conduct thorough research before making their final decision. LimeFx’s free demo account is popular among traders to practice ideas or even experienced traders to test strategies. Demo accounts have no expiry date, but they are closed when not used for 90 days.

For those giving negative reviews about LimeFx withdrawal, you’re wrong. I made a withdrawal request 2 hrs ago and I have received my funds. For first time clients, the wait can be Abit frustrating but just be patient and you’ll receive your funds. The MT4/MT5 ID and email address provided do not correspond to an LimeFx real trading account. Login with your email if you just registered, or you already have an LimeFx profile.If you don’t have an LimeFx profile yet, enter your MetaTrader credentials to proceed with creating one. The LimeFx profile consolidates all your trading accounts under the same email, allowing you to login with your email address.

Unlike other accounts, where the base currency options are 9, for the holders of LimeFxs Ultra-low accounts, there are only six base currency options. The Micro account can be especially useful for those who have just finished training with the demo account. While an LimeFx demo account can be a great choice for traders to learn more about the market, it can’t be used to learn how to control your emotions when trading. By slowly transitioning to using real money, you will be able to learn more about how to control your emotions. Once you are comfortable with the knowledge that you have received through the demo account, you can start moving on to trading with your actual money. LimeFx offers a special account for beginners to practice more and gain higher experience and expertise in the market.

Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account. That said, demo accounts automatically close after 60 days if there is no activity. MT4 and MT5 are both powerful platforms, built for multi-asset trading.

Our beginner’s guide will introduce you to forex brokers that are great for beginner forex traders, and provides resources to help newer traders learn more about forex trading. U.S. forex traders benefit from a robust regulatory environment designed to keep consumers and traders safe from forex scams. Traders can make use of the competitive trading conditions which are offered and the use of the popular MetaTrader 4 and a variety of trading tools offered to add a competitive edge to trades. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. LimeFx.com offers an excellent breadth of 1000+ instruments, with trading opportunities on popular asset classes, including forex, stocks, indices, commodities and cryptocurrencies. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading.

Each year, we collect thousands of data points and publish tens of thousands of words of research. To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address. I think it is great for finding trading signals and can save you hours by automatically scanning the markets on your behalf. It is also a great solution if you don’t have the knowledge or experience to decide which way the market is moving. There aren’t many brokers who offer Autochartist to you, although GO Markets do.

It should not take more than a day to verify your account and get started with your trading activities. Taking your first steps at LimeFx is a very easy and user-friendly experience. This process should not take you longer than a day as the broker https://limefx.group/ has adopted modern technology to ensure the verification of their clients is timely and comfortable. The Micro account of LimeFx can be a great choice for beginners to learn to trade in actual market conditions without having to risk too much.

To put it simply, this account was created with different types of traders in mind. Whether you are looking for ways to start trading with huge amounts of money, or you want to find a way to limit your losses, the standard account can be a great fit. When creating a demo account, the broker will provide you with a certain amount of virtual cash, which can be used for trading. You can use this virtual cash for as long as you want to and if you run out of virtual money, you can always contact the customer support of LimeFx and ask them to provide more. To match the interests of different traders, LimeFx has worked very hard to offer a diverse array of account types. Thus, the broker is able to offer traders services that work perfectly for their trading needs.

Forex.com is a reputable, multi-regulated STP, ECN, and DMA broker based in the United States, United Kingdom, and Japan. Traders are offered with a secure trading environment and reassurance that Forex.com is regulated by reputable entities. Evolve Markets was established in 2016 and is a STP and ECN broker which is based in Saint Vincent and the Grenadines, offering traders from around the world with a variety of forex and CFD instruments.

The minimum deposit required is just $5 whilst you can choose between no commission accounts with marked up spreads or pay a $3.5 commission charge to get variable spreads starting from 0 pips. Leverage depends on the financial instrument traded and on client’s country of residence. When it comes to U.S.-regulated forex brokers, the best mobile trading app in 2024 is offered by IG. IG’s mobile app also features the most advanced charting I’ve ever used on a mobile device.

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