The selection is impressive and it makes LimeFx stand out among the competitors. Degiro does not offer any similar products, while Swissquote only has Robo-Advisor (minimum 10,000 CHF) and Theme trading. Trading with LimeFx, you receive access to the most popular exchanges of the world. Forex and CFD trading is a well-formed offer for the customers of LimeFx. Also, we decided to analyze how beneficial it will be to hold marginal positions on different markets.
Analytics and market news
Their demo account is a masterstroke, offering a robust training ground for those looking to hone their strategies without financial risks. LimeFx recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions. It is available inside the personal account of a LimeFx customer and visually shows the map of ‘hot stocks’. The bigger the circle with the ticker, the more attention the stocks enjoy in the market.
Tradable Instruments
This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. Spreads on this account type start from 0 pips with a $2 per lot commission charged. LimeFx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. Using their trading strategies, the broker can manage client capital by investing in stocks of leading US and global companies that are traded on the major exchanges NYSE, NASDAQ, BATS, etc. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth.
Markets and products
I also think demo accounts can be a great way to practice a new trading strategy and see what a broker has to offer before making a commitment. There is something for everyone to trade with thousands of financial instruments available. You will find everything from major currency pairs to stocks of large companies. 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.). 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.
Unique Features
The options chain also highlights in-the-money options for faster decision-making. The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality. Overnight funding fees and other transaction charges, require detailed understanding limefx courses scam on the LimeFx platform. Doing so will help you know how the fees work and how to apply them. If you leave your account unused over a long period, LimeFx will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions.
With its regulatory oversight, LimeFx offers an additional layer of security to its clientele. However, those craving advanced features might yearn for more than what the broker offers. In other words, LimeFx is for the pragmatic trader seeking simplicity and efficiency.
- However, analysis, research and signals are three different things in the world of financial markets.
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- The size of the swap depends on the interest rates of the central banks that issued the currencies in the currency pair.
- It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company.
- Personal account security on LimeFx is strengthened by two-factor authentication (2FA).
LimeFx doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions. LimeFx positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. Voice support in Chinese, Polish, Spanish operates regularly, during working hours on weekdays, taking into account the region’s time zone. Technically, the call is supported by Zingaya, the call quality is good and the competence of the managers of the support team is high. Analytical materials on Forex, commodity markets and stock indices are posted once a day, closer to the middle of the European session.
This is a hefty account promotion though there may be withdrawal terms and conditions. The firm doesn’t accept deposits in cryptocurrencies, such as Bitcoin and Ethereum. Accounts also cannot be funded by credit card checks, traveler’s checks, money orders, or Western Union. Sterling Trader Pro is a direct-access platform for equities and options.
The signals are developed by the analysts of the partner (or, better, mother) company FINAM. You can see how the signals are sent and the examples of previous signals on the page by clicking on “Check Previous Ideas”. The line of financial products for passive income is a very strong suit of LimeFx. In the table below, we compared the broker’s instruments with the competitors, although some positions cannot be properly compared, as the brokers provide data in different formats. We have not discovered any confirmed facts or scandals that blemish the broker’s reputation. The regulators of other countries, for example British FCA, where LimeFx ONLINE LTD offers its services, are aware of its operation.
ECN accounts incur a 2.25% to 3% commission; Trustly and UnionPay are free to use. As for speed, most transfers are instant, with bank wire taking 2-5 business days. LimeFx offers an excellent range of deposit options to suit traders in different regions. This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances.
These can be positive or negative, depending on the asset and whether it is a long or short position. Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide. This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. No – LimeFx does not accept clients from the United States.
In the majority of other markets, the broker charges commission as a percentage of the trade volume, while its size ranges from average to high. This is a professional trading account on MT4 with a $100,000 minimum deposit. Traders have access to metals, https://limefx.name/ oil, index CFDs and 47 forex instruments. LimeFx is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. Opening an account with the broker is a quick and easy process with a short online registration form to complete.
In addition, professional traders can benefit from a bonus of up to £2,000 when topping up funds in their accounts. There is currently an MT5 Global special promotion on LimeFx that offers discounted commissions on futures from £0.50 per contract (compared to the standard $1.50 per contract). LimeFx provides access to a free demo account that facilitates risk-free investing practice.