Negative balance protection exists for certain account types at this broker, meaning traders with the right account types can never lose more than their deposits. And while the choice of instruments is great with LimeFX, the broker also offers access to an impressive number of trading platforms, with five platforms to choose from. As usual, this includes the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, but also lesser-known platforms like CQG, ROX, and the crypto-based proprietary platform J2TX.
Should I Open An Account With LimeFX?
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. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures.
- Most traders will satisfy this by sending a copy of their government-issued ID and one proof of residency document.
- With a fee structure that will be attractive to high-volume traders and regulation by the ESMA, LimeFX provides a top-end, competitive investing service.
- Embrace the future of investment with our cutting-edge Robo-advisor, designed to usher you into a new age of investing using state-of-the-art technologies.
- The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution.
Varied Options for All Trading Styles
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFX is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support.
Withdrawal Fee
Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. LimeFX provides massive in-house research for registered clients and via well-trusted third-party provider Trading Central. It remains unclear if LimeFX offers the MT4/MT5 plugin or provides the services via its back office.
Our expansive range of services and financial instruments is designed to offer a seamless, integrated, and comprehensive investment experience for our clients. LimeFX offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from.
LimeFX offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. I like the LimeFX trading environment for its choice of trading platforms and services, ranking among the best industry-wide.
For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. LimeFX offers both investment and market speculation opportunities to its clients. LimeFX doesn’t charge withdrawal fees, limefx official site but external payment providers may have their fee structures.
This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker. LimeFX has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. Embrace the future of investment with our cutting-edge Robo-advisor, designed to usher you into a new age of investing using state-of-the-art technologies. This globally acclaimed service stands as a beacon of efficiency, guiding users towards the pinnacle of financial well-being and prosperity. Our partners are integral to our ecosystem, and we are devoted to providing them with the tools, support, and environment needed to thrive in the dynamic world of trading.
This is noticeably tighter than the variable spread accounts at the majority of brokerages. Our research shows that the MT5 Global account is best for experienced traders. Account limefx broker reviews holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. For investors who want to trade on the go, LimeFX provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere.