LimeFx Group give you access to trade a wide range of more than 1000 financial instruments including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs. This is an excellent selection that I would put up there with some of the best in the industry. However, if you want even more, you could consider TMGM who have over 15,000 or Plus500 with more than 2,000.
LimeFx Live Chat
Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account. That said, demo accounts automatically close after 60 days if there is no activity. They have a wide ranging section for education, including free weekly webinars that are interactive.
Forex Trading Marketplace
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 in more than 55 currency pairs including majors, minors, and many exotics. As an internationally regulated and licensed broker, LimeFx has more than 3.5 million clients in over 200 countries with access to trading more than 1,000 instruments.
Standard account
They are divided by the same Primary, Intermediate, and Advanced distinctions. All videos are Primary or Intermediate so anyone with a validated LimeFx Account can access scammed by limefx all of them. You can make use of any by contacting your Personal Account Manager. Those supplement the algorithmic trading tools already built into MT4 and MT5.
Is there a mobile trading option available?
- You can withdraw as little as $5 while there is no maximum limit.
- We did not come across any strategy restrictions when we used LimeFx.
- But I’ve noticed the spreads can get pretty wide when the market gets crazy.
- On the downside, the broker’s offshore entity operates with less regulatory scrutiny.
- They have also implemented two-factor authentication (2FA) for account access, adding an extra security layer beyond the username and password.
It is designed for a broader range of traders, from beginners to more seasoned investors. It streamlines trading by focusing on simple bid-and-ask prices free of additional commission expenses. LimeFx is also distinguished for its excellent technology infrastructure.
What Types of Accounts Does LimeFx Offer?
They have already hosted hundreds of workshops which is intended to give clients the necessary skills and knowledge to make improved trading decisions. This is accomplished by always keeping watch and adapt to the latest technologies and industry trends. LimeFx will never compromise any factor that might affect client performance, and this helps them deliver tight https://limefx.group/ spreads and best execution. To protect customers’ funds, LimeFx also features a stop-out level mechanism. The stop-out level is set so that when the equity level reaches a certain point, it will automatically close the clients’ floating positions. All retail clients with LimeFx Ultra-Low Accounts, Micro Accounts, or Standard Accounts have a stop-out level of 20%.
So far, it has executed more than 1.4 billion trades with an impressive zero rejections or requotes. The management team of LimeFx has visited more than 120 cities to meet with partners and clients. Founded in 2009, LimeFx group provides traders with the full MetaTrader platform suite by MetaQuotes Software Corporation. In line with anti-money laundering regulations, the withdrawal method has to be the same as the deposit method in which the account was funded.
The download is quick, provided you have a decent internet connection. Once traders agree to some standard disclosures they can click the MT4 or MT5 icon on their desktop and be on the platform in seconds. Traders with Micro and Standard accounts pay the LimeFx variable spread on CFD trades instead of a commission.
Commissions can be a fixed amount or a percentage of the value of a trade, depending on the broker. Fees, on the other hand, are charged for services, such as account maintenance, withdrawals, and deposits. Both of these costs can eat into your profits if you are not careful. That is why it is important to choose a broker with low commissions and fees. Between 74-89% of retail investor accounts lose money when trading CFDs.
At the bottom of the same page, you will find FAQs for MT4, including validating and gaining access to your account. This platform also lets you display an impressive 100 charts simultaneously. Those who want more will appreciate the superior MQL5 development environment built-in. There is also a multi-currency tester, alerts, and an internal mailing system. There are more than 80 technical analysis objects plus more than 40 analytical objects.
The lowest out team was able to find was 0.012 pips and the highest was 6.91 pips. Commissions here depend on which stock market you’re trading on. There is a 0.1% commission on the UK, French and German markets and a 0.04% commission on US markets. You’ll also incur some charges if you are selling a dividend stock. This is calculated as such; ‘stock dividend declared x lots x contract size’.
Once you have opened the website, you may choose to open an account. When it comes to choosing a broker, there are many factors to consider—and one of the most important is whether the broker is regulated by a reputable authority. As per regulatory requirements, LimeFx Group is also subject to quarterly audits and must submit financial statements.
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