Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. Like some of its major competitors, LimeFX aims to educate its users through various learning resources. However, while LimeFX has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages. The drawbacks that we discovered, specifically shortage of educational materials and broker’s ‘affection’ for Metatrader platforms, are fully compensated by its advantages. The main email of customer support is It is an advanced source of financial and technical assistance.
Its main limefx reviews goal is to promote efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection. The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities. At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations. Now, if you plan on trading cryptocurrencies long-term, that’s not an issue. However, it can still prove to be annoying, granted that many exchanges out there have much smaller requirements, a far as crypto purchases go.
The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. LimeFX is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. On the other hand, traders are charged commissions starting from 3 USD per lot.
Geography of broker’s customers
A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
The broker provides access to trading options on US exchanges. The broker’s commission depends on the volume of trading – the higher the number of the contracts, the lower the commission. LimeFX offers direct access to several dozen international stock markets. The approaches to charging commissions differ in different regions. In particular, there is a commission per share for the U.S. stock market, which we estimated as low.
Great company
The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance. Spreads on this account type start from 0.5 pips with no commission charged. ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting. It also offers connectivity to key exchanges in Canada, Mexico, andEurope. For traders who require a more robust platform, LimeFX offers several options.
LimeFX Forex and CFD Standard Account
At that, the commissions scammed by limefx on trading stocks of EU companies are high. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount.
I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. MetaTrader5 -MetaTrader 5 is a multi-asset trading platformsupporting stocks, futures, forex, and CFDs. 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. As mentioned above, LimeFX’s accountstructure differs from the tiered approach common among brokers.
- Just 2 Trade offers different methods of deposit, depending on the customer’s account type.
- Also, similar to the copy trading service, there is no guarantee you will make a profit.
- Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2.
However, customer support isn’t limited to regular work hours. They also extend their reach to cater to queries during extended hours. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make LimeFX a perfect broker for an elevated trading experience. For those inclined toward commodities, LimeFX provides a diverse asset range, including agricultural and non-agricultural securities. LimeFX offers beneficial conditions for trading cryptocurrencies compared to the majority of classic brokers.