LimeFx Broker Login
With LimeFx you can trade more than 3138 instruments, out of which 2,170 are physical stocks. MetaTrader platforms are well known for their reliability which is the reason why they stay relevant in the modern world. MT4 was developed in 2005 and despite its old-fashioned design, most Forex brokers offer the trading software to their clients. MT5 was released 5 years later, in 2010, and offers access to a wider range of trading assets. Note that MT4 was designed for and is still mostly focused on Forex trading. This type of account includes two subaccounts – the strategy providers and followers, and you can choose to trade using any of these two types.
- LimeFx offers reasonable trading fees across various account types.
- In order to better understand the difference between LimeFx and competitors, let’s compare commission-free accounts side by side.
- All information on 55brokers.com is only published for general information purposes.
- On the downside, there’s a $5/m inactivity fee after 6 months of inactivity, and this becomes worse and worse the longer the account remains inactive.
LimeFx is a financial trading services provider that has been in the industry for more than 10 years and operates more than 3.5 million trading accounts. The broker has made its way up quickly among top financial brokers by securing important partnerships and offering a wide range of tradable assets. LimeFx offers reasonable trading fees across various account types. In order to better understand the difference between LimeFx and competitors, let’s compare commission-free accounts side by side. Based on our research, we can recommend XTB for beginners since it did a great job incorporating state-of-the-art educational resources and research tools. XTB’s trading platform is quite user-friendly and the spreads are lower than the industry average.
If you choose to be a strategy provider, you can start by depositing at least $500, build your trading strategies, and create your followership base, where you can earn 50% from followers’ fees. Note that there are no added commissions to this trading account, and the trading fees are incorporated into the spread. Micro accounts are very useful not only for beginners that are trying to test the waters but also for experienced traders that are trying to test their trading systems without risking too much money. Physical stocks are preferred for long-term investors as usually, there’s no leverage offered and swaps are not charged for keeping positions longer than a day. On the downside, physical stocks are taxed by certain governments.
- Or by the use of MT4 MultiTerminal with access to manage multiple accounts simultaneously, however desktop version still remains the most complete with all features and add-ons available there.
- Now you can deposit, but even more importantly you can withdraw your profits directly into your crypto wallet.Great addition, which makes LimeFx an even better broker.
- Having proper support is one of the most important factors in choosing the right broker.
- Once your demo account is set up, the broker provides you with up to $100,000 of virtual test currency to start trading and testing your trading strategies.
- On the downside, physical stocks are taxed by certain governments.
- However and unless you trading through swap-free accounts designed to traders following Sharia rules, as these accounts restricted from any interest rates or swaps.
Traders using LimeFx Micro accounts have full access to all financial instruments, and they can use every trading platform provided by the broker such as MT4 and MT5. Various payment methods will process withdraw money in slightly different time. LimeFx accounting team confirms transactions quite quickly as we had on our trade test, yet the matter might take longer due to payment providers. Alike Wire transfer will take 2-10 working days, also depending on your bank and international policy processing, while ewallets will load the request Instant. Forex trading also offers high liquidity, low transaction costs, leveraged trading and the ability to trade 24 hours a day, five days a week.
The 100% supercharged bonus awards you a daily rebate of $2 per traded lot, while the 30% rescue bonus gives you a financial boost to leverage your trading position without borrowing a margin from the broker. Throughout this LimeFx broker review, we have analyzed all the products and services available, and we found a clear consistency in the offers and a clear statement of the services. The LimeFx live chat provides a fast solution for users requiring urgent support. The communication was smooth and their customer support agents were able to answer trading-related inquiries in a professional and timely manner. Having proper support is one of the most important factors in choosing the right broker.
Customer support offices are located in 10 countries and clients can communicate with local and global offices over the phone, email, or chat live straight from the broker’s main web page. The mobile app provides traders with a full set of market and limit orders. However, it’s not recommended to conduct market research using your mobile. In order to trade professionally, you need a PC screen where you can see more clearly. However, mobile apps are quite handy in emergency situations like power outages and computer failures. LimeFx’s mobile versions of MT4 and MT5 provide all the necessary features for monitoring your trades effectively.
LimeFx broker offers a percentage allocation management module (PAMM) account type, where multiple investors put their money into a pool that an account manager uses to invest in different markets. LimeFx provides an variety of account options with 6 different accounts based on specific requirements. The range offers Micro, Premium, Zero spread, HFCOPY, PAMM https://limefx.name/ Premium Accounts, and Swap Free Accounts, also you can select the Islamic Account suitable for traders from the MENA region or beyond. Forex, short for foreign exchange, is a decentralized global market where currencies are traded. One of the key advantages of forex trading is that it allows individuals and institutions to trade on currency volatility.
We do not present any investment advice or guarantees for the accuracy and reliability of the information. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The website is operated and provides content by HF Markets (Europe) Ltd. No HE with registered and office address at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus.
About this app
MT4 and MT5 LimeFx terminals available in various versions that suit your personal needs and allows efficient trading through the Desktop Platform, WebTerminal which is compatible with any browser. Or by the use of MT4 MultiTerminal with access to manage multiple accounts simultaneously, however desktop version still remains the most complete with all features and add-ons available there. LimeFx withdrawal options including cards, bank transfer by far most used option and various ewallets.
Dormant accounts will be charged a fixed fee of $5 monthly up until a year. If the inactivity period extends to between 1 year and to 2 years, the broker will increase the inactivity fee to $10. If there are no trading activities or no transactions for at least 6 months, the account will be considered dormant. In the myHF area, you will be asked to complete full information about your account, and your trading experience. LimeFx broker is trusted by many investors who look for trading according to the Islamic faith, and want to keep trading righteously. LimeFx’s Islamic account does not come as a separate type of account, rather, it converts another type of account into a swap-free account.
They value their customers in every way…
Whereas, educational material is essential for novice traders to become professionals. Once your trading platform is ready, you are ready to make your first deposit. Choose the payment method that you want, and fund your trading account to start trading and making money. In addition, you will be asked some questions regarding your trading experience, which financial instruments you are familiar with, and for how long you have been trading. Checking your level of experience is requested by strict regulators to protect traders’ interests.
Some time ago I saw that a few traders complained about the unmodern design. And now the company has corrected it.Broker is also constantly improving its services./ I have noticed this in my experience. There is a large variety of research tools and educational material provided by LimeFx. The trading tools such as the economic calendar and calculator give you a better insight into the markets.
Traders need to stay up to date with economic news and events that can affect currency prices. You can find out when major economic news is due for release on our Economic calendar. By trading Forex CFDs, individuals can buy and sell currencies based on the predicted difference in exchange rates. For scammed by limefx example, if you believe that the value of the US Dollar will increase against the Euro, you can buy US Dollars with Euros at the current exchange rate. If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid.
Discover Multiple Platforms
Zero-spread accounts are the preferred choice of high-frequency and algorithmic traders. LimeFx provides an award-winning MT4 Platform as its main trading software and its newer version MetaTrader 5. There are multiple ways to fund trading accounts supported by LimeFx. Besides broker issue its very own LimeFx MasterCard for a straight transaction and the ability to make safe online payments. Yet, we found not very wide range of trading instruments for European clients, it might be the case of regulations, but yet is good to check other industry proposals too.
Using the Micro account, a trader can place market orders with a minimum contract size starting from 0.01 lots, and a relatively lower deposit requirement. Unfortunately, you won’t find exotic ones with this broker and to be honest, most traders avoid trading exotics anyway due to low liquidity and high spreads. LimeFx broker offers one of the largest varieties of tradable products in 7 different markets. You can find more than 3,138 securities that can be traded in Forex, commodities, indices, bonds, ETFs, stocks CFDs, and physical stocks. I am a client of this broker and I want to write a few words about how this company operates. It seems to me that this company takes heed of clients’ feedback.