The broker provides several account types to meet the needs of different traders, including Micro, Pro, and ECN accounts. These accounts offer competitive spreads, with some as low as 0.4 pips, and many are commission-free. LimeFX is known for offering a smooth trading experience with user-friendly platforms and valuable market analysis .They also cater to a variety of traders with different account options. The copytrading app lets you conveniently copy signals from hundreds of other traders.
Account Opening
Unlike most brokers, LimeFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with LimeFX. Here are some of the spreads we found on the most commonly traded assets with LimeFX as an example. In some places, you will also be allowed to make deposits through Bitcoin. In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant. They are available with trading through MT4 and MT5, though the broker does charge an additional mark-up fee to cover for the rollover fee which is not in place.
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Overall, I rate LimeFX as an innovative broker with a client-centric focus. LimeFX provides a solid range of educational materials, including articles, videos, webinars, and a video course. Content is updated frequently and is accessible to all levels of traders.
LimeFX doesn’t charge traders any commission for holding an order overnight. This physical office presence is still quite light compared with other major brokers, but LimeFX does offer trading worldwide. We are thrilled to hear you are happy with LimeFX’s platform.
Yes, the broker has Nasdaq as part of its offering of CFDs on Indices under “NAS100”. Does the broker engage in any corporate social responsibility initiatives? LimeFX is committed to corporate social responsibility and actively participates in various initiatives, including charitable activities and community development programs. Affiliates have the option of forming individual connections with the broker, which enables them to operate with the platform that is most suited to meet their requirements.
LimeFX has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. LimeFX does have a proprietary app for social copy trading (the LimeFX Copytrading app), yet it still trails behind industry leaders such as IG and Saxo.
You can choose from the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms. These are amongst the best trading platforms available for online trading that you will find anywhere. I think they are ideal for anyone who is looking to trade manually or run automated systems. They are all relatively easy to use but also capable of performing complex analysis and order management. The broker also has their very limefx official site own trading app which provides a modern and sleek interface for an enjoyable trading experience.
- LimeFX also has modest minimum deposits, which is perfect for inexperienced traders.
- LimeFX stands out with several unique features designed to enhance the trading experience and provide insights into market trends.
- This is a typical KYC process that is required by most modern forex brokers to protect clients.
- LimeFX provides well in terms of language choice to traders, though there is a clear focus on the Asian market when it comes to available languages.
- There are no swap fees, inactivity fees, or fees for deposits and withdrawals.
How long does it take to withdraw money from an account at LimeFX?
You can further benefit from one click trading, the ability to order directly from charts, and regular price alerts. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported. The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known. As a trader, you will find a range of features available at LimeFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an LimeFX trader. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5.
Fast withdrawal without fee charges
Traders have the option of making deposits using funds from their bank accounts, debit or credit cards, electronic wallets, or cryptocurrency wallets. Traders need to note that the many payment options limefx official site that are available to them will vary according to the country in which they are based. Because there are limited base account currencies, Namibian traders could be subject to currency conversion fees when they deposit or withdraw in NAD. The UI of MT5 has been improved with the addition of new features, which has made it even simpler to use. The broker only permits trading accounts to be denominated in EUR and USD, which is quite restrictive for traders, particularly Namibians who would have bank accounts in NAD.