The goal is to give traders the skills needed to make improved trading decisions. LimeFx has already hosted hundreds of these seminars, with even more planned. One of the important characteristics limefx company reviews of LimeFx is the company’s strive to remain human and connect with clients. This is why management has visited more than 120 cities worldwide to meet with clients as well as partners.
An Easy Process
Subsequently, you will be charged $5 monthly if this inactivity persists. LimeFx is regulated by the Financial Services Commission, ASIC, and CySEC. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. The firm is authorized by tier-one regulators, has received dozens of awards and proved itself to be a reliable forex and CFD broker during our tests. Our team also didn’t uncover reports of major scams or safety issues during their research.
Regulation and Safety of Funds
Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community.
Does LimeFx offer leverage and what is the maximum ratio offered?
The purpose of the indices is to show the general direction of a specific stock market or of the general economy of a nation. However, since stock indices are composed of a basket of companies they can be very much affected by a big move of a specific company or by a big move of a specific sector of trade. Don’t worry if you are not trading enough volume, you can still request the LimeFx VPS in the Members Area for a $28 monthly fee. This is a very reasonable fee for a VPS, I pay around $30 for mine and it is fantastic for running automated systems around the clock.
What Assets Can You Trade With LimeFx?
Importantly though, experts do not recommend choosing a broker based on their bonus deals. There are more important factors, including the firm’s trading conditions, tools and safety rating. LimeFx offers occasional bonuses and financial incentives for new customers. Access https://limefx.biz/ will vary by jurisdiction due to regulatory restrictions – EU, UK and Australian investors cannot access trading promotions for example. 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.
- Anyone interested in trading with LimeFx should also be aware of areas where it is not available.
- Founded in 2009, LimeFx group provides traders with the full MetaTrader platform suite by MetaQuotes Software Corporation.
- The VPS fee will be automatically deducted from your MT4 or MT5 accounts on the first day of each calendar month.
- The broker does not charge any deposit or withdrawal fees except the deposits made via bank transfers of less than $200.
They are available across devices and you can trade via the LimeFx WebTrader in the browser. LimeFx offers fractional pip pricing that makes it possible to trade using tighter spreads. Essentially, a 5th digit can be added to the typical 4-digit price quotes. This is further hampered by the fact that many brokers restrict trading close to news announcements.
The app supports 14 languages, enabling you to select your preferred one. Depending on your tastes, you can also change the app’s theme colour to light or dark mode. The MT4 comes with 30+ trading indicators and 24+ analytical tools to help clients perform in-depth technical analyses.
It is regulated by several major authorities, ensuring a secure trading environment. There are several account types available and you can choose whichever suits you during the signup process. As a trusted broker, LimeFx is regulated by tier-one regulatory bodies and takes measures to guarantee the safety of your funds and information. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points. LimeFx is good if you want to open an account and start trading quickly.
LimeFx Global offers trading with tight spreads starting from just 0.0 pips whilst the commissions charged by the broker are very competitive when compared to the other brokers. You can pay around $7 per standard lot in and out on the zero account, which is more or less the industry average. I find the zero spreads are great for scalping strategies but you could save a little on commission fees with RoboForex. They also have zero pip spreads but commission goes as low as $4 per round turn.
To access it, you must have deposited a minimum of $500 USD in the past three months. This room delivers real trading experience using real-time simulated trading conditions. Visiting this room helps clients actually use time frame techniques, charting techniques, indicators, and more. In addition to providing excellent support, I am impressed with the trading conditions you can get access to for a small deposit of just $5. LimeFx Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second.