LimeFx provides multiple deposit methods with no deposit fees and several account base currencies. Since there is no deposit fee, LimeFx broker will not deduct any amount from the deposits you make. LimeFx has a great mobile trading platform, which is offered on MT4 and MT5.
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There are no commissions and 1 lot is 1000 units of any currency. Hedging is allowed, and the minimum trade volume is 0.01 lots in MetaTrader 4 and 0.1 lots on MetaTrader 5 platform. The amount of open or pending positions that traders can open at a single time is up to 200 positions with up to 100 lots per ticket.
Other accounts available
LimeFx provides exceptional trading tools and a vast range of instruments. Their platform is easy to navigate, and their customer support is always ready to assist. The fees and commissions differ depending on the account type and the instruments traded. Their compensation framework varies depending on the type of account and traded instrument.
Great support.
It is also a great solution if you don’t have the knowledge or experience to decide which way the market is moving. There aren’t many brokers who offer Autochartist to you, although GO Markets do. The LimeFx calculators allow you to make accurate assessments at the right time to make the most out of your trades. I often use calculators to help speed up otherwise mundane tasks. They can save hours in time over the long run which is better spent doing other things like following the latest market news and keeping track of any open positions. LimeFx Group is operated with client requirements at the forefront of everything that they do.
LimeFx Group account types
Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account. I believe that LimeFx Group understands that clients want fair and transparent trading conditions with the lowest possible spreads and fastest possible execution. This combined with strong regulation and a human approach, makes LimeFx Group one of the best trading brokers available to traders worldwide. I have had an account with them for many years and they’ve never let me down. The account type that you choose will probably depend on your investment size and trading style.
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Your account equity is the total worth of your trading account, which includes both open positions and available funds. Additionally, the platform provides direct access to 100 individual shares, limefx forex broker enabling traders to participate in specific companies. Understanding overnight fees is critical for traders looking to manage their trading costs and overall profitability efficiently.
You just need to open an account with the correct entity to be eligble for this. I like how they have a best execution policy to provide the most favourable trading conditions to traders. Collaboration with a range of liquidity providers mean that they can offer some of the lowest spreads with plenty of liquidity at all times. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
Our business model relies on the firm conviction that in forex execution is everything. Cities visited by our Management to meet with clients and partners. Other reassuring signs for us are the multiple industry awards and accolades.
Exotic pairs tend to be traded less frequently, in comparison to majors. In forex trading, some currency pairs are nicknamed majors (major pairs). This category includes the most traded currency pairs and they always include the USD on one side. The decision about which platform to choose is clearly based on what a client would like to trade. At LimeFx, clients have the choice to select the MT4 family of platforms or the MT5 family of platforms. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible.
There is access to 18 cash indices CFDs and 12 futures indices CFDs. LimeFx also lets clients trade two spot metals instruments, gold and silver. As previously mentioned, most of the account types available on LimeFx are offered as Islamic accounts. Islamic or swap-free accounts do not have any rollover or swap interest for overnight positions.
LimeFx Group was first founded by Constantinos Cleanthous under the name Trading Point Group. Since then, Tasos Anastosiou has taken up the role of CEO, and Ilias Mavrommatis is the company’s Managing Director. Our experts were happy to find this information is readily available, as it shows that the company is transparent.
The instructions of how to access the mobile trading platforms can be found on the relevant page of the mobile platform itself on the LimeFx website. Kindly note that the LimeFx WebTrader is part of the MT5 family of platforms and therefore accessible with the login and password a client would use to access the MT5 family of trading platforms. Their platform is intuitive, and their range of trading instruments is impressive. I appreciate the variety of instruments available on LimeFx’s platform. LimeFx offers a comprehensive range of trading instruments and an easy-to-use platform. Their educational resources have significantly improved my trading skills.
You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise. If you are withdrawing https://limefx.group/ to your domestic bank, you will be charged a fee for withdrawals above $200. On average, it takes one to two business days for the funds to arrive. Once you have provided your personal information, you will be required to choose a trading platform.
- However, LimeFx does provide a loyalty program and a rewards system for clients outside of the European Union.
- LimeFx Group offers five different account types for you to choose from, depending on your country of residence.
- LimeFx Standard Accounts is pretty much similar to LimeFx Micro Accounts, except for the lot size, minimum trade volume, and maximum lot per ticket.
- Notably, MT4 distinguishes itself through its adaptable interface, permitting users to tailor the platform’s layout to align with their preferences, enhancing their overall trading experience.
- To keep funds secure, segregated accounts are sometimes held with top-tier banks.
Our extensive experience combined with support for well over 30 languages, makes LimeFx the broker of choice for traders of all levels, anywhere. We have the expertise and the resources to help everybody realize their investment goals, like only a big broker can. The two features we found particularly useful during our review, were the Discover and Trade Ideas. These offer useful market sentiment data and insights to help inform the decision-making process.