We’d like to highlight that traders will have access to as many as 1261 stocks. A demo account is an account that allows you to test the broker’s services and your trading skills without risking your money. It provides charts, quotes, account balance info, economic calendar, news, and other tools to provide traders with an opportunity to make informed trading decisions. MT5 is a very popular trading platform that suits beginners and advanced traders alike. LimeFx offers the highly popular MetaTrader 4 and MetaTrader 5 platforms, which are available in mobile and desktop versions. LimeFx received a high score for Platforms and Tools in our rating as it offers MT4 and MT5.
Is LimeFx a safe choice for a service provider?
If you are a complete beginner in the market, it might be a better choice to use the ultra-low version, as it offers you the opportunity to trade with very little money and grow as a trader. They are ultra low standard account and ultra-low micro account. The contract size of a standard ultra account is 1 lot, which equals 100,000 units limefx review of a currency, and the contract size for micro ultra is 1,000. If you are a trader who already has substantial experience and knowledge in the market and you do not want to trade using beginner or small accounts, it might be better to go with a standard account. A standard account is one of the top choices when it comes to LimeFx.
Minimum Deposit and Deposit Fees
- This beginner-friendly guide breaks down option strategies into easy-to-understand concepts specifically for those starting.
- Known for its numerous promotions and bonuses, there is a lot of things that LimeFx has to offer to beginner traders.
- If you are looking for a platform that is easy and straightforward to use and that looks after their users, LimeFx could be the right option for you.
- A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
- LimeFx Group is a MetaTrader-only broker known to offer an outstanding selection of high-quality educational content and market research.
The deposit will vary according to the exchange rate of ZAR/USD. The LimeFx minimum deposit amount is 5 USD (or equivalent denomination). This is available for multiple payment modes and in all countries. Regardless, the amount can differ according to the payment method you choose. If you’re searching for a high-quality international broker, LimeFx is the place to go. The broker is a well-known trading platform among international investors.
How do I deposit into an LimeFx account?
LimeFx is regulated by the Financial Services Commission, Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Its users have access to both MT4 and MT5 platforms in addition to low trading and withdrawal fees. LimeFx’s commitment to versatile trading is evident in its support of both MetaTrader 4 and MetaTrader 5 platforms, accommodating various trading styles.
LimeFx Desktop and Web Platforms
With LimeFx the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. You have two accounts which are free from commissions – Standard and Micro accounts, while the LimeFx Zero account is based on commission. Your multi-asset trading account login details will correspond to a login on the trading platform which matches your type of account, and it is ultimately where you will be performing your trades. Any deposits and/or withdrawals or other setting changes you make from the LimeFx Members Area will reflect on your corresponding trading platform. Your trading account login details will correspond to a login on the trading platform which matches your type of account and is ultimately where you will be performing your trades.
In this guide, we’re going to explore everything you need to know about making deposits at LimeFx broker. LimeFx does not allow for third-party payments, and the account must be registered in the name of the trader, it may not be in the name of any other person. This forms part of LimeFx’s anti-money laundering, or AML, process https://limefx.club/ enforced by regulatory entities. On the other hand, if you already have enough experience in the market and want to make the best out of the Forex trading market, it would be a better choice to go with the standard account. To open this account type LimeFx, you will be required to deposit a minimum of $5.
In addition to the above-mentioned features, LimeFx has in-house content. The broker offers analysis, which includes technical analysis, forex previews, market comments, special reports, and stock market news. The Ultra Low account has many advantages including zero swaps for a wide selection of popular instruments, spreads as low as 0,6 pips, and 0 commissions. LimeFx provides access to 55 currency pairs, 15+ commodities, 24 indices, and 1261 share CFDs. The number of available forex pairs is medium, while the number of commodities, indices, and stocks is high.
LimeFx offers a diverse range of over 1,250 CFD trading products, including forex, shares, indices, and commodities. The Ultra-Low and Zero Accounts offer varied lot sizes with tighter spreads and commission-based pricing, respectively. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.
A withdrawal request will be processed by the LimeFx back office within 24 hours. Traders can fund their trading accounts on LimeFx without much problem. Besides, they don’t have to pay any LimeFx fees for funding or withdrawing funding from their trading accounts.
Different types of expiration are available for all pending orders, including GTC (good-till-cancel), Today, Specified, and Specified Day. As they are reliant on MetaTrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000. To complete the registration, the applicant will be required to complete sections of information, including Personal details, Investor information, Trading Knowledge, and Experience.
The stock offering looks especially strong as traders can work with as many as 1261 stock CFDs. The list includes stocks from the U.S., EU, UK, Germany, Netherlands, Spain, Switzerland, France, Greece, Italy, Belgium, Sweden, Finland, Norway, Portugal, Austria, Brazil, and Canada. LimeFx offers reasonable swap rates compared to the industry average.
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