The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type. 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. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages.
- Finally, for experienced traders, there’sthe MT5 Global account.
- Navigate your way through transparent, flexible, and diverse investment avenues designed to deliver substantial returns while safeguarding your capital.
- The advantages of CQG Desktop include DOM Trader, which is a rather advanced version for web platforms.
- This makes it attractive for using medium-term trading strategies.
- During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification.
When trading through LimeFx, traders have access to trade a variety of instruments across numerous asset classes. This broker also offers the following https://limefx.group/ trading assets, shares, cryptocurrencies, futures, options, CFD, and Eurobonds. The broker has a trading portfolio of 26 major and minor currency pairs.
With internet access, speakers and a microphone, you can receive responses from the managers of the support team within a minute on average after you click on the button with the phone receiver image. Technically, the call limefx scammers is supported by Zingaya, the call quality is good and the competence of the managers of the support team is high. It seems that the broker rebroadcasts the news from a third-party source, but does it extremely ‘awkwardly’.
LimeFx Review 2021
Read the risk disclaimers on the LimeFx website and seek independant advice. LimeFx is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. They offer spreads and commissions reported to becompetitive within the industry, as well as a broad array of trading platforms.In fact, LimeFx offers a wider selection of platforms than many comparablebrokers. The broker offers several account types, but the commissions on them are similar in general. On MT5 Global and Forex ECN account types, the broker charges $2 and $3 commission per standard lot of 100,000 units of base currency respectively. The traders also need to take into account the market spread, which is received from the liquidity suppliers.
Methods and timeframe for deposits
I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions. However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly. I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting. It also offers connectivity to key exchanges in Canada, Mexico, andEurope.
Individual portfolios is an offer to invest in one of five portfolios created by LimeFx. A dedicated specialist from the customer support will be able to advise you on the instruments used for creation of these portfolios. In the table below, we compared the broker’s instruments with the competitors, although some positions cannot be properly compared, as the brokers provide data in different formats. What makes LimeFx special for stock market trading is ‘customization’ or expandable list of shares.
Payment methods
Using free market research of LimeFx’s experienced analyst team, clients get the opportunity to create their own investment strategies. The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted. If you find that your country is not accepted, please feel free to take a look at our broker ratings for another option.
These amounts can take up to 7 business days to reflect in your LimeFx account and can only be withdrawn via ACH 10 days after the date of deposit or 60 days via check or bank transfer. Caters to experienced traders who would like to take advantage of the high execution speeds offered by LimeFx. LimeFx is the first Forex broker to obtain a license from the Bank of Russia at the end of 2015. It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company. The broker does not provide information about withdrawal methods. We understand that they are the same methods as for making deposits and that the costs will be the usual ones.
MT5 Global account is the successor of the one earlier called Single Trading Account. The broker decided to reorganize the account structure and now it is impossible to open a Single Trading Account, although open positions are still supported on them. In order to open a real account of Forex Standard type, USD 100 is enough. Legally, it belongs to Just 2 Trade Online LTD with the license in Cyprus. A futures contract is a financial instrument, a derivative of the cost of the base asset. Trading with LimeFx, you receive access to the most popular exchanges of the world.