Absolutely one of the best brokers around, but they are a little bit on the expensive side. Through client trading andrecommendations, the partner program gives you the chance to make more profit. The Trade Ideas and Technical Summaries sections get updates from Analyzzer and Autochartist, with individual stock content also available from Trading Central. There are also 16 stock indices available to trade with the major European, US and Asian stock indices all present. One such requirement by CySEC is that the broker must regularly submit financial statements to ensure the firm has adequate capital to operate.
Leverage & Margin
Disappointingly, there’s no support for cTrader or TradingView, the latter of which we’re increasingly seeing being integrated by brokers, including IG and LimeFX. If you’re seeking a broker without inactivity fees, Vantage might be a suitable alternative. If you fund your account in a currency different from the base currency of your account, a currency conversion fee may apply. LimeFX may charge overnight financing fees for holding CFD positions overnight. These fees can vary depending on the instrument and market conditions. It’s great to hear the mobile app works so well for you—convenience is key!
A multi-asset account allows trading forex as well as CFDs on the MT5 trading platform. LimeFX offers 24-hour support, 5 days a week through email, live chat, phone, and fax. They also have a dedicated FAQ page to help clients search for answers to their questions. LimeFX offers trading services to residents or citizens of more than 200 countries.
These include Visa/MasterCard, wire transfer and eWallets such as Neteller and Skrill. WhilE LimeFXdoes not charge a fee to fund your trading account, your bank or the payment processor could levy a fee. It would be advisable to check the limefx courses scam fund transfer charges with them before funding your account. Clients receive their money on the same day for payments made via e-wallet.
- Currency pairs, metals, energies, indices and cryptocurrencies are included on all accounts.
- I usually do a test withdrawal before committing myself with a broker, but having in mind that LimeFX is a respected broker I didn’t expect to have any drawbacks in this regard.
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Education
The broker’s comprehensive selection of tradable assets contributes to its appeal, making it a suitable choice for traders seeking to diversify their investment portfolios and take advantage of various market segments. I consider myself an experienced trader, so I’m hard to impress with trading conditions. I’ve had accounts with various brokers and used different platforms. Now, I realize that it’s not just about having lots of tools; what matters is how reliable and effective those tools are.
Trading Contests
From here traders can manage their account, including depositing and withdrawing funds, claiming promotions, checking positions and leverage, and accessing the trading tools offered through LimeFX. The usability of trading platforms is a critical factor in the overall trading experience. LimeFX offers access to the industry-leading MetaTrader 4 and 5 platforms, as well as its proprietary LimeFX App. If you’re new to trading, limefx reviews then MT5 is a great place to start. If you’re more experienced and want more features, then MT4 might be a better option.
I wish i could upload pictures of how bad the spread is. Great to know that onboarding was a smooth process and that the variety of instruments suits your needs. We’re all about making deposits and withdrawals as fast and hassle-free as possible!