✅ LimeFX’ website has a thorough FAQ section that answers frequent questions about account administration, deposit and withdrawal methods, trading conditions, and platform use. Embedded at the core of LimeFX’ ethos is a mission resonant with global inclusivity and financial empowerment. There is some great educational content on the LimeFX blog, covering practical topics like how to set up your MT4 platform professionally and what the MACD indicator is. I assess the articles as concise, insightful, and providing traders with concepts that can be quickly applied in the market.
What is the minimum deposit for LimeFX?
- Overall, LimeFX can be summarised as a trustworthy and highly regulated Forex Broker that offers traders cutting-edge platforms and a wide selection of trading products.
- My email inquiries were answered almost immediately, and the live chat support was reliable.
- The commission-based ECN alternative delivers competitive costs with raw spreads from 0.0 pips for a $5.00 commission and requires a $200 minimum deposit.
- Once users are up to speed on a demo account, they can easily switch to a live version.
- I miss a direct line to the finance department, where most issues can arise.
- You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets.
Despite the offshore regulation, LimeFX has earned trust among traders for its consistent performance and adherence to fair trading practices. The minimum deposit is $100 for all account types except for the ECN account, which requires $200. Traders also get 18 commodities, 16 indices, 27 cryptocurrencies, 2 bonds, and 437 equity and ETF CFDs. I like the overall range of assets, as it provides most traders withall they need to achieve cross-asset diversification. The deposit and withdrawal fees are designed to encourage traders to fund and maintain their accounts properly.
The fixed-spread account starts with minimum spreads of 3.0 pips, or $30.00 per 1.0 standard round lot, versus the floating-spread alternative of 1.3 pips or $13.00. Both are expensive, but the commission-based ECN option shows raw spreads from 0.0 pips for a commission of $5.00 per limefx company reviews round lot. Beginners can benefit from reliable 24/7 customer service, demo accounts, micro-lot trading, and a robust range of research materials.
Withdrawal big amount less than 1 hour
Terms and conditions apply, and I recommend traders read and understand them before requesting any bonus or promotion. ✅Over 400+ stocks are accessible for trading, enabling traders to purchase and sell shares of firms, capitalizing on the limefx potential growth and profitability of enterprises in various industries and areas. LimeFX does not publish an inactivity charge, indicating a trader-friendly approach to account administration and upkeep; nonetheless, traders should always check current terms. Yes, LimeFX does provide a demo account for practice and strategy testing.
Analysis of Brokers’ Main Features
LimeFX also has the MT4 MultiTerminal for asset managers and traders with multiple accounts. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based ECN account.
Account Types
Here, we focus on the broker’s longevity in business, company size, and the level of transparency they provide with readily available information. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. The secure and user-friendly back office handles all financial transactions for verified traders, and nine payment processors exist.
This enhanced platform has faster execution times, more order types, and a wider range of technical analysis capabilities. LimeFX offers traders access to the MetaTrader 4 platform, known for its user-friendly interface and comprehensive charting tools. The platform also boasts an extensive marketplace featuring custom indicators and Expert Advisors (EAs).