CategoriesForex Trading

LimeFX Broker Review 2024: Pros, Cons and Pricing

LimeFX

Besides the default routing option, LimeFX + offers Nasdaq and Arca venues. Traders who need more options than these can use Sterling Trader Pro, which offers many more. limefx official site During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity.

It offers single-window trading,advanced charting tools, and a depth of market feature. MetaTrader 5 is offeredwith LimeFX’s MT5 Global account and can be used as a desktop, mobile, orweb app. LimeFX offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds. Their selection includes tens ofthousands of individual assets. For example, they offer over 30,000 stocks andmore than 90,000 option assets. Please note that full access to all assets isavailable on the MT5 account.

However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. Spreads on this account type start from 0 pips with a $2 per lot commission charged. LimeFX provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM.

Markets

These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, LimeFX offers its proprietary platform, designed to cater to its customers’ specific needs. LimeFX offers an unusually wideselection of trading platforms compared to many online brokers. This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms.

LimeFX

We aim to help you find the best broker according to your own needs. The broker provides the latest market news from the world of economics and finance. They have a section of their website dedicated to frequently updated news articles.

  1. The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins.
  2. Read the risk disclaimers on the LimeFX website and seek independant advice.
  3. Option trades cost 75¢ per contract, with a $1 minimum order.

LimeFX Review 2024

This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.

LimeFX

Comprehensive Assistance for Traders

Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. LightspeedTrader – Lightspeed Trader is designed forprofessional traders who prioritize real-time market data, low latencyexecution, and advanced order types. LimeFX have a variety of 20+ convenient methods for depositing and withdrawing funds from scammed by limefx your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training.

I personally prefer to trade manually using my own strategies as I like to know when and why a trade was taken. This way I can discover what works for me and areas in which I can improve. Other brokers with managed accounts to consider include Key to Markets. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide.

I needed to determine the type of trader I’d be before choosing the right broker. In this LimeFX review, we look at the platforms they offer. Therefore, any trader style should find a suitable platform among the choices. LimeFX doesn’t charge withdrawal fees, but external payment providers may have their fee structures. OEC Trader is a desktop platform that is designed for futures trading.

Leave a Reply

Your email address will not be published. Required fields are marked *