Yet another important detail about LimeFx’s execution policy is that the broker allows you to have 200 positions open simultaneously. And each of them can be 50 lots in size, which is crazy to think about – you can possibly control a trade that is worth 5 million. You can go on trading any kind of instrument you want and be sure that you won’t have to pay hidden costs. And those fees that do exist are transparently disclosed, not to mention that they’re also pretty acceptable for many traders. This license, with a registration number of F003484, adds additional stability and fund security to the LimeFx’s trading platform. In short, our LimeFx review shows that this is one of the most well-respected, as well as highly trustworthy brokerages, that appreciates the financial oversight its regulators have on its services.
Non-trading fees
- LimeFx Group monitors the latest industry trends to keep up to date with innovative technologies and to be able to adapt to clients ever-changing and demanding needs.
- Hello PrimalStonecat,We’re delighted to hear about your positive experience with our customer service!
- Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet.
- Based on our tests, the live chat is the quickest and most convenient way to get help.
- This account is basically a combination of the Standard and Micro accounts, offering traders the best of both worlds.
For stock investors, LimeFx has created a special account type called a Shares account. As for the micro ultra, the lot equals 1,000 units of the asset traded. The leverage is pretty much the same, depending on the location as well as the amount traded.
Market Research And Analysis
However, there isn’t access to excellent third-party tools like Autochartist, available at alternatives like Pepperstone. LimeFx uses a dynamic model, meaning the highest leverage is only available on lower equity amounts. For example, the maximum leverage is available on trading volumes of less than $40,000.
What Other Accounts Does LimeFx Offer?
European and UK clients, for example, can access the Ultra Low Micro, Ultra Low Standard or LimeFx Zero accounts. Global clients, on the other hand, can open a Micro, Standard, or LimeFx Ultra Low account. LimeFx provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution.
Overnight Funding Fee
We found several features useful, namely the forex calculators, exclusive technical indicators and VPS hosting. Global investors can also access copy trading, where they can mirror the https://limefx.biz/ trades of strategy managers with performance metrics to help them find the right provider for their goals. There are daily, weekly and monthly contests, offering ample opportunities.
Compare Trading Instruments
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. LimeFx Group offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices.
You can place orders on the LimeFx-supported platforms at any time during the trading hours. The balance of your account will be updated in real time to reflect the current market prices. Just keep in mind that there is a maximum of 200 positions that can be opened at a time. LimeFx, headquartered in Belize City, Central America, has been a significant player in the online brokerage industry since 2009. Known for its client-focused services, LimeFx offers a competitive edge with its ECN spreads available to traders in the UK and Europe.
The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. As for the technical indicators, we came across over 50 different indicators at LimeFx. These are the tools that are built in the trading platforms and they help you predict future price movements. Trading signals, on the other hand, are basically the calls for action from reputable market analysts of LimeFx.
The broker’s head office is in Limassol, Cyprus, while they also have offices in Athens and Sydney. LimeFx offers trading in more than 55 currency pairs including majors, minors, and many exotics. LimeFx appeals to traders across the world who can rely on support in their language. The broker’s track record of over 2.4 billion trades executed with no re-quotes or rejections is further motivation for traders to consider this regulated broker.
In this section, we’ll talk about the fees for commodities, energies, and precious metals altogether. The minimum spread for these assets goes as low as 0.0009, while the maximum can reach 15. When it comes to stock CFDs and shares, our reviewing team found way over 1,000 separate instruments at LimeFx – 1,150 more precisely. From this selection, around 100 shares are spot assets, meaning you can directly buy and sell them on this platform. But as our LimeFx review indicates, the majority of instruments are traded as Contracts for Difference (CFDs), which is to say you’re bidding on their price movements and not actually buying them. There are, in total, 1,000+ different instruments categorized in 6 asset classes on LimeFx’s trading platform.
Our experts also found important account safeguards in place during their assessment of LimeFx, including segregated client accounts and negative balance protection. LimeFx offers some of the lowest trading fees in the industry based on our assessment. In addition, it is one of the few brokers we have reviewed that allows clients to open up to 8 accounts, allowing users to benefit from the perks of different solutions.
Our LimeFx review uncovered an average selection of extra trading tools. Importantly, we do not recommend that beginners trade with high leverage – this can increase the risk of large losses. High leverage will appeal to seasoned traders limefx official site with effective risk management strategies. On the downside, the broker’s offshore entity operates with less regulatory scrutiny. Traders who sign up with this branch may not receive the same degree of legal protection or safeguards.
LimeFx is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and EN Live Edu that is instructed by 16 global experts. Deposits and withdrawals are essential parts of trading on a brokerage platform. LimeFx provides multiple deposit methods with no deposit fees and several account base currencies. Since there is no deposit fee, LimeFx broker will not deduct any amount from the deposits you make.