Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker. LimeFX has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
- Forex trading fees work using spreads to eliminate additional commissions or fees.
- LimeFX provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM.
- Overnight funding fees and other transaction charges, require detailed understanding on the LimeFX platform.
- It is known for its user-friendly interface and implemented trading tools.
Review
If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the LimeFX account team, you can then fund your account and commence trading. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders. It offershigh-speed execution, customizable interfaces, and a wide range of orderrouting options (including DMA, dark pools, market makers, etc.). 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. They also extend their reach to cater to queries during extended hours. Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs.
Withdrawal Fee
Additionally, LimeFX offers its proprietary platform, designed to cater to its customers’ specific needs. Investors on LimeFX can put money into investment funds that are managed by other users. Clients must allocate a minimum of £100 to take advantage of this feature. Online APIs, such as REST API, support the integration of additional features to the standard broker experience. There is something for everyone to trade with thousands of financial instruments available.
Customer Support
There are no minimum deposit or withdrawal limits for bank wire transfers. Deposits are processed within one business day while withdrawals can take up to 3 days. Broker maintains up to 14 different types of user accounts on its platform.
This means that the level of oversight and supervision on this brokerage is likely to be greater than that of an offshore and unregulated firm. Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the limefx website safest brokers are well-regulated ones.
Additional Features
The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type. CQGTrading Platform – CQG offers access to over 40 globalexchanges, providing market data and order routing for futures, options, andtheir combinations. While thebasic desktop CQG platform is free, there are charges for upgraded features anddata packages. LimeFX requires a $3,000 account minimum for trading limefx website withthis platform. As mentioned above, LimeFX’s accountstructure differs from the tiered approach common among brokers.
There is an abundance of high-quality research that covers all financial markets and instruments which can help to inspire trade ideas. It is quick and easy to get started with an account from just $100. Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer. This can be a great way to see if they will meet your specific needs. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment.
The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. This is a professional trading account on MT4 with a $100,000 minimum deposit. Traders have access to metals, oil, index CFDs and 47 forex instruments. LimeFX is a reliable multi-regulated broker registered with FINRA, NFA and CySEC.