Negative balance protection exists for certain account types at this broker, meaning traders with the right account types can never lose more than their deposits. On the other hand, there’s a 2 USD commission per traded lot per side. The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade.
How To Open A Live Account
Clients at LimeFX may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments. API trading is available for demanding traders with custom algorithmic trading solutions. The minimum deposit is $100 for the Forex and CFD Standard and MT5 Global account and $200 for the Forex ECN option. All three account types have a minimum lot size requirement of 0.1 lots and five-decimal pricing. The commissions of $2.00 to $3.00 per 1.0 standard round lot are highly competitive, but the spreads make short-term trading styles expensive. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders.
However, if you’re a neophyte (a little green behind the ears), your first consideration may be the kind of support and training you’ll limefx website receive. LimeFX provides a demo for each of the platforms to help you choose. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs.
Getting started on LimeFX – Main steps
- J2T CryptoExchange proves to be a great place to start investing, in general, since it offers a wide range of different assets for you to tinker with and, evidently, purchase.
- Finally, for experienced traders, there’sthe MT5 Global account.
- Other fees to be aware of are the swap fees that are charged on positions held overnight.
- Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
- BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.
LimeFX offers its users a wide selection of assets to purchase and trade, in addition to 5 of the main cryptocurrencies. The brokerage is secure and reliable, and is certified in the US, EU, and UK. The commission fees are very low, and you’ll also be able to use the platform on all of your main devices (mobile, desktop, the web). That said, as far as the less-known exchanges and brokerages go, it’s actually still not that common to come across a platform that would offer fiat payment support. Yet again, though – limefx forex broker while many user LimeFX reviews aren’t going to tell you this, the platform in question has support for this feature. The bulk are equity stocks and CFDs listed on 36 global exchanges, which is an excellent selection.
LimeFX Review Summary
Their website is well-organized, withinformation readily accessible for prospective traders. Unlike some brokers,LimeFX’s account types are defined by the type of asset traded – forex,stocks and options, futures, or CFDs. They offer a few account types withdiffering market access, fees, and commissions. In a world full of trading possibilities, LimeFX is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms. Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
The broker provides access to trading major, minor, and exotic currency pairs. LimeFX is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support.
Does LimeFX Have A Forex App?
Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. LimeFX has solid trading platforms and competitive commission fees. 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. With a fee structure that will be attractive to high-volume traders and regulation by the ESMA, LimeFX provides a top-end, competitive investing service. New traders can also get started with a low minimum deposit of $100.