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LimeFX Trading Account Review, Type, Process, Benefits & Charges

LimeFX account minimum

I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions. However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly. I also like the automated trading features of these platforms and fact you can find a plethora of free and paid limefx 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. The trader can check its different trading tools and features and use them for trading via the virtual money the broker offers to the demo account users.

Who can open an account with a LimeFX Forex broker?

So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly. Transfers in from one account – say the IRA – to the account are free. ForexBrokersOnline.com earns money from affiliation deals with our partners.

LimeFX Review

  1. ROX simple yet powerful point-and-click screens enable trading in many marketplaces at the same time.
  2. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering.
  3. This provides a direct connection to institutional liquidity providers with lower latency and improved fill rates.
  4. The integration of LimeFX’s institutional services signifies a step towards comprehensive market exploration and diversified asset allocation.
  5. There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs).

Every day people join our community and we welcome them with open arms. Each day we have several live streamers showing you the ropes, and talking the community though the action. We don’t care what your motivation is to get training in the stock market. If it’s money and limefx scammers wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good. We know that you’ll walk away from a stronger, more confident, and street-wise trader. Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures.

ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. Our evaluation of LimeFX shows there are limited trading promotions for retail traders. This is common in the online trading industry, and while it may be a disappointment to some investors, we do not rank LimeFX down for this.

Mobile and Convenient Trading

On its website, claims to have integrated modern technologies into its wide range of brokerage services to bring about a low priced as well as “fresh and native” trading experience. Based on our tests, LimeFX is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. As mentioned above, LimeFX’s accountstructure differs from the tiered approach common among brokers.

Best offers

LimeFX account minimum

To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners. Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone.

These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. LimeFX offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative.