People come here to learn, limefx reviews hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training. If you’re an experienced active day trader, you may find that LimeFX has better rates than your current broker.
LimeFX vs Other Brokers
During my review, the average spread for the EUR/USD ranged between 1.0 and 1.3 pips. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. LimeFX offers both investment and market speculation opportunities to its clients.
Is LimeFX Regulated?
- At the same time, though, they can get rather complicated – thankfully, as you’ll see in just a minute, this is not the case with the LimeFX app.
- There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips.
- The brokerage recommends the platforms according to the type of security traded.
- This 2024 review will explore LimeFX’s services in more detail, including the price per trade, deposit and withdrawal options, and UK customer service quality.
- Besides lots of currency pairs, LimeFX also offers some instruments you would like to trade on, such as Forex, CFD, Stocks and Crypto for your best choice.
LimeFX is a front-runner among the diverse online brokerages on the market. 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. Our review shows LimeFX scores less favorably when it comes to withdrawals.
Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. First, I needed an honest, realistic, and affordable education in the stock market.
Pros & cons of LimeFX account types
Swap rates are competitive, making LimeFX well-suited for strategies that last seven to ten trading days. In contrast, the actual trading fees discourage high-frequency trading or scalping. In this section we’ll show you how to open a live trading account with LimeFX. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions.
Account Types
To ensure we offer traders accurate and current limefx official site information, our forex broker reviews also undergo rigorous editing and fact-checking. The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. From on our assessment, LimeFX provides an average offering of market research.
Trader may use customizable desktop clients, lightweight web-based alternatives, and user-friendly mobile apps. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. However, the latter may exist on the Sterling Trader platform, where LimeFX claims to grant access to all US equity and options exchanges. I prefer more clarity concerning available assets, as LimeFX does not list sectors besides Forex, metals, stocks, options, futures, bonds, and CFDs. A CySEC-regulated broker with a choice of trading platforms and 30,000+ assets. ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting.
However, customer support isn’t limited to regular work hours. They also extend their reach to cater to queries during extended hours. Their demo account is a masterstroke, offering a robust training ground for those looking to hone their strategies without financial risks.