Our reviewers of LimeFx Group were pleased to find that the broker offers investment protection to the majority of clients. As LimeFx Group operates under several trading names with different regulators, however, the protection offered changes depending on which arm of LimeFx you decide to trade with. With a standard account, you won’t be charged any commissions when you trade with LimeFx Group. Commission fees are, however, applied to both Zero Accounts and Shares Accounts. With many years of operation under its graceful wings, LimeFx has managed to spread its clientele base to over 196 countries worldwide. Also as part of its prospecting, it has managed to have large trade volumes with nil requites and rejections at all.
Stocks and shares
Overall, this gives you convenient trading solutions at all times and access to a wealth of great charting and research tools. At LimeFx Group you can expect quick and easy payments, no matter how much you wish to deposit. The broker supports a wide range of traditional payment methods, as well as modern e-wallet solutions and bitcoin funding. To cater to all types of traders, LimeFx also allows you to choose between 11 account base currencies; EUR, USD, GBP, CHF, JPY, AUD, RUB, PLN, HUF, ZAR or SGD. Our LimeFx Group reviewers are happy to report that this broker is licensed and regulated by several top-tier financial institutions, including the FCA, ASIC, and CySEC.
What is the minimum deposit requirement for opening an account with FxPro?
I didn’t have any problems opening an account and login on a regular basis without any hiccups along the way. The LimeFx calculators allow you to make accurate assessments at the right time to make the most out of your trades. They can save hours in time over the long run which is better spent doing other things like following the latest market news and keeping track of any open positions. You can automate your analysis and gain access to the proprietary indicators by contacting your personal account manager at LimeFx Group who will be happy to get you started and provide you with assistance.
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The products have been tendered perfectly to meet the preference and needs of all traders from beginners to professionals. LimeFx accepts a range of legitimate credit and debit card payments on top of payments through e-wallets. LimeFx covers all the transaction fees limefx official site on all e-wallet and credit or debit card payments. It accepts payments from Visa, MasterCard, Maestro, Neteller, Skrill and bank wire transfer. Also, all transaction by wire transfer of $200 and above are also covered in this zero transaction fee policy.
LimeFx Live Chat
This is an important factor in making it in the Forex trading market. The addition of personal account managers for each client further enhances the personalised trading experience. While LimeFx’s no commission spreads may not be the lowest, its commitment to providing a dynamic trading environment, coupled with strong customer support, positions LimeFx as a significant player in the global forex market.
Finally, earnings season will kick off with results from major banks including JPMorgan, Citigroup, Wells Fargo and Bank of New York Mellon. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. European clients under the CySEC jurisdiction are covered by the Investor Compensation Fund (ICF). If a finance company under the CySEC jurisdiction fails then its clients are protected up to €20,000.
For our list of best currency trading brokers, we considered only those that are regulated by the National Futures Association and the Commodity Futures Trading Commission. LimeFx requires a minimum deposit of $0 before you can open an account and start trading. One strong plus is that LimeFx extends negative balance protection to all its clients, not just the EU clients that it is required to by law. This means that traders cannot lose more money than they put into their account and is excellent for beginners especially. For deposits into the account, they can be made in any currency and will be converted into the base currency of your account by LimeFx prevailing inter-bank price.
You have two accounts which are free from commissions – Standard and Micro accounts, while the LimeFx Zero account is based on commission. As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. Due to all the above, and not limited to the above, the forex trading market is today the world’s most liquid and most volatile market, with over $5 trillion traded daily. At LimeFx the client comes first regardless of net capital worth, account type or size of investment.
Arielle has appeared on the “Today” show, NBC News and ABC’s “World News Tonight,” and has been quoted in national publications including The New York Times, MarketWatch and Bloomberg News. Both LimeFx Group and LimeFx offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller https://limefx.name/ (Deposit/Withdraw). Customer support is one area where LimeFx really will go the extra mile. LimeFx claims to speak over 25 languages and customer support is available through all the usual channels. However, we are especially impressed by the human contact that is available and is an excellent service for novice traders.
This score suggests that there may be some issues with client satisfaction, offering a varied perspective on the broker’s service quality and customer experience. LimeFx Group has 5 licenses from some of the world’s top financial institutions, 11 years of experience in the market, and dozens of industry awards. This shows that LimeFx Group is a reliable broker that is committed to offering an honest trading experience. In addition to offering mobile versions of MT4 and MT5, LimeFx Group also offers its educational materials on mobile. Customer support is always accessible in the bottom right corner of your screen, and it’s even possible to log into your account for both deposits and withdrawals. The live chat feature at LimeFx Group is the superior customer support option.
Despite its name, Forex.com is also a multi-asset broker — in addition to forex, the company offers access to stocks, ETFs and options trading through its StoneX platform. The company offers an impressive suite of trading platforms, including integration with MetaTrader 5. Interactive Brokers is a well-rounded, multi-asset broker known for its powerful trading platforms. Forex traders will love FXTrader, which supports over 20 different order types, offers customized layouts and trading cell displays and allows you to transmit an order with a single click. Interactive Brokers’ spreads are extremely competitive — the company advertises spreads as low as 1/10 pip. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
All of the usual forms of deposit and withdrawal are available with LimeFx, such as Neteller Moneybookers, debit and credit cards and Skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though.
LimeFx Group provides negative balance protection on all leveraged products, proportionate to the size of the customer’s account. Your personal data is also protected and will never be shared for commercial purposes. If you’re looking for tighter spreads, you can opt for a Zero Account. Here, spreads average 0.1 pips on major pairs, but you will be charged a $3.5 commission fee per side, per $100,000 traded. Your funds stored at LimeFx’s coffers are very secure and guaranteed of the utmost safety as part of their clients first operation module. To begin with, LimeFx has the right documentation with proof from the concerned regulatory bodies and authorities.
Investing virtual funds, even if under real-time market conditions, does not equal with investing real money. Psychologically speaking, this affects your trading decisions, as well as your reaction to virtual gains and losses. If you are just starting to trade forex, a demo account is a good choice. It has the great advantage to simulate all the functions of a real trading account, and it allows you to conduct trading operations under real market conditions. The only exception is that a demo account is funded with virtual currency, so your gains and losses are also simulated. On the plus side, we think they have an excellent selection of stocks CFDs, in addition to a decent selection of forex pairs.
- On the home page of the website, LimeFx claim to have 16 platforms available.
- Although a good range of contact methods are offered by LimeFx, there is no customer support available on weekends.
- Especially those who do not want to download additional applications to their computers.
- Yes, LimeFx is a truly great Forex broker with years of experience in the financial markets.
This is the final main account that you can open with LimeFx and is a zero spread account. Traders can keep their costs down by trading with spreads that “can be as low as 0 pips” (although not always this low). For this privilege, traders will have to pay a commission of $3.5 (both in and out) for every 1 Lot traded. (See Trading Costs for a comparison of the spread versus commission account models).