If you can’t find the answer here, then what you will find is a dedicated, and professional support team available through a number of mediums and in no less than 21 languages to make sure you are taken care of. You can reach the team through phone, email, or a web-based lice chat feature made available on the LimeFX website. There is also an integrated option for VPS for your trading robots, which you can operate directly from the platform. You can be sure that they are up and running without having to face complex technologies.
You should be aware that you may lose a significant portion of your portfolio. LimeFX, on the other hand, charges an inactivity fee of $50 or €50 or £50 every quarter after 3 months of account inactivity. In addition, the broker chargesadministration fees of US$100 or €100 or £100 after a year of inactivity.
So in general this is regulated broker with very good competitive conditions. Some forex brokers offer more of the bells and whistles that more seasoned traders require, including advanced order types and full-featured charting platforms with a wealth of analytical tools. With multiple licenses from top-tier regulatory bodies, our LimeFX Group review reveals a respected and reliable broker with over a decade of experience. Launched in 2009, limefx website LimeFX Group is a great choice for all types of traders as it offers a wide range of instruments, extensive research tools, and five different account types. LimeFX Group has also won multiple awards, including ‘Best FX Broker for Europe 2020’. Since our goal is to make the most detailed LimeFX review we conducted several tests of the commercial conditions.The costs of trading are one of the most important requirements for successful trading.
North American Markets
There are a lot of forex brokers that allow for low-to-zero minimum deposits which can be a great option for traders with limited funds; many brokers also charge very low transactional fees and spreads. London Capital Group , founded in 1996, has continued to keep pace in the highly competitive online brokerage space. The company’s latest rebranding effort occurred in 2016 with the launch of LCG Trader.
You can open a Micro or Standard account with the broker for as little as $5, whilst $50 is the minimum deposit for the Ultra Low Account and $100 is needed to open a Zero Account. There is also a minimum deposit of $10,000 required to open a Shares Account. LimeFX processes client withdrawals via the same payment methods available for deposits making it easy for clients to withdraw their funds. LimeFX and LimeFX fees are limefx reviews almost similar and built into a spread basis, however, LimeFX has also commission based accounts. We recommend that you open your account with the LimeFX Cyprus entitysince it is the only one that offers deposit protection to traders if it is available to you and with the LimeFX Irish, Australian, or Abu Dhabi entities. LimeFX is an online broker providing services in foreign exchange and contract for difference .
Forex Instruments Info
The Metatrader brand of trading platforms are extremely well-respected in the industry, and are available at almost all top forex brokers in the sector. They provide a very robust, well-rounded, and easy to navigate experience and are often heralded for the wide range of charting tools and indicators they provide. There are more than 50 of these available as standard, and they can give you a very detailed insight into trading and market patterns. This kind of insightful data is what keeps them at the front as one of the most popular trading platform choices around. In the U.S., it’s for clients who want to trade the foreign exchange markets. To deliver on this successfully, IG has decided to adopt the time-honored adage, “go big or go home” because, well, it can.
There is one exception and this is the hours around rollover. Normally the average and the maximum spreads at that time are higher. There is also an option for Islamic accounts so the Islamic traders can trade without swaps. When you open an LimeFX Real Account you get full access to multiple tools and resources. You will also receive credentials allowing you to log in to theLimeFX Members Area. Every time you log in you will be greeted by a personalized home page that displays a variety of useful information, including the status of yourWelcome Bonus.
Below you can see how LimeFX Group scored in each of our high-priority categories. Comparing LimeFX vs LimeFX side by side we found both brokers reliable and with good standing. The proposals have similarities, as both LimeFX vs LimeFX are CFD Trading Brokers with a large number of instruments and easy-to-use platforms. XTB works on a web based trading platform named, xStation that allows users to trade… The online platform is equipped with a number of services including variety of Forex trading… Yes, LimeFX Group is regulated by 5 of the most trustworthy financial regulators in the world; the FCA, ASIC, IFSC, CySEC, and DFSA.
There is a built-in interface to create your own trading robots and complex indicators. There is also a huge forum supported by the MetaQuotes and there you can find countless custom indicators, expert advisors and scripts. Account funding is 100% automatic and all deposits are processed instantly 24/7. Withdrawals are also processed on the same day via a variety of speedy yet secure payment methods.
There are few that can mLimeFXh LimeFX not only for their size and reputation, but for the all-round quality delivered when these things are put to the test. Whether new to the industry, or a seasoned trader anywhere in the world, LimeFX has something strong to offer. It is also worth noting that the broker has won dozens of awards across the industry on the way to becoming a household name. This level of brand and industry recognition only works to further enhance their reputation as a very trusted broker. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. We have tested the deposit process on LimeFX using multiple payment modes.
The company is listed on the London Stock Exchange under the ticker symbol, CMCX. LimeFX offers three types of account – Micro account, Standard account, and LimeFX Zero account. The Micro account is suitable for new traders that just start with forex and want to get deeper knowledge or just understand what the product is. On the other hand, the LimeFX Zero account is an account that has been designed for experienced traders who are searching for more competitive conditions for trading. You could see a comparison between the different accounts in the table below. LimeFX provides all traders with the same outstanding services and trading conditions regardless of their invested capital.
Low spread costs, emphases on customer service and education, actionable research, and functional user interfaces make this broker well-suited to compete in the online forex broker market. This company is ranked as the winner of Investopedia’s Best Forex Broker for U.S. LimeFX do well in offering a wide range of account type choices to help you find something which perfectly suits your needs. This offering includes limefx forex broker a commission-free standard account, as well as a micro-account which facilitates a lower-risk level of trading, and an Islamic trading account which is fully Sharia law compliant and available on request. This means there are neither commission-fees, nor a swap fee charged on this type of account. There are also several other account types including the popular LimeFX zero account which reduce spreads even further.
The web trader that LimeFX uses has several features for convenience like automatic trading and offers an exceptional amount of control to its users. Additionally, it is extremely secure and boasts a proprietary VPN for even greater protection during transactions. Now I am passionate about reviewing and comparing forex brokers. We recommend LimeFX to traders who prefer the MT4/5 platforms and to those who run EAs due to the free VPS service. The broker is also suitable for beginner traders because of its detailed educational materials. Onada is a complete Forex trading platform offering various services including Forex trading, Currency Converter and Exchange Rates services.
These Forex Brokers Offer The Best Platforms For All Types Of Traders
In the case of the zero account, the spreads here starts from 0 pips, although the minimum deposit will be slightly higher but still very competitive at $100. It offers a broad variety of brokerage services geared towards sophisticated forex indices active traders, investors, professionals, and institutions. Smaller account holders will encounter a number of unusual obstacles that include higher account minimums, a variety of fees, and fewer customer support options.
Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. The owner of this website may be compensated to provide opinions on products, services, websites and various other topics. Even though the owner of this website receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. The views and opinions expressed on this website are purely the author. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question.
Don’t Miss Out On Great Trading Opportunities
For this Review we opened real accounts and deposit over US$ 6,000 in total to compare both offerings, account opening process at LimeFX vs LimeFX, also the fees, trading conditions, platform selection and withdrawal process. A safe and secure trading environment is one of the most important key elements for any top forex broker. This is something that LimeFX both recognizes, and works hard to provide. They are regulated around the world by 4 recognized, and respected regulatory bodies. Through our testing we found that LimeFX’s spreads for forex are much below the industry standards. The offered spreads on indices and commodities are also below the average industry benchmark.
- With these positive attributes along with its apparent focus on functional simplicity, LCG is well-suited to beginning traders.
- It is designed to be beginner-friendly to welcome newcomers to the profitable and wonderful world of digital trading.
- This company is ranked as the winner of Investopedia’s Best Forex Broker for U.S.
- It offers not only a user-friendly interface for beginners but also very powerful tools for advanced traders.
- During the execution test, we also monitored the execution time.
- London Capital Group , founded in 1996, has continued to keep pace in the highly competitive online brokerage space.
LimeFX provides great customer support response times and the spreads on most instruments are aligned with industry averages. LimeFX offers over 1000 trading instruments in 6 different asset classes. The instrument list in Forex contains 55 currency pairs including major, minor, and exotic pairs.
The deposit bonus can be up to $5,000 and is proportional to how much you deposit. The no deposit bonus is a $30 gift from LimeFX Group which can be picked up when you register with the broker. Do note that bonuses are not available for EU clients due to regulations.
Spreads Charged In Our Trades
They are easily usable, and traders can start trading with one single click. Viewers can get a detailed view of past and present market conditions and other factors in the form of a graph, which allows them to easily comprehend and set trades accordingly. The MT5 trader supports a huge variety of material and virtual objects for trading, which allows traders to broaden their horizons while not stepping out of the boat.
What To Consider When Choosing An Online Forex Broker
You will want a broker that has great educational material about forex and CFD markets, as well as solid customer support. Our editors independently research and recommend the best products and services. You can learn more broker forex about our independent review process and partners in our advertiser disclosure. We may receive commissions on purchases made from our chosen links. In terms of available assets to trade, there are over 1,200 in total.
Couple this with an exceptional education section, and a great variety of assets to trade in, and you have a winning combination with LimeFX. LimeFX Group has 5 licenses from some of the world’s top financial institutions, 11 years of experience in the market, and dozens of industry awards. This shows that LimeFX Group is a reliable broker that is committed to offering an honest trading experience. LimeFX also offers multiple trading platforms like MetaTrader 4 and MetaTrader 5, also, it offers WebTrader (LimeFX’s proprietary web-based platform), AvaOptions , LimeFXGo . LimeFX accounts, we chose popular instruments in each market.We placed 3 trades for each instrumentto get the average spread and we were able to find both negative and positive sides for each Broker spreads. Its tools are simply accessible and there are absolutely no hidden costs for signing up.