This is noticeably tighter than the variable spread accounts at the majority of brokerages. 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. 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.
Outstanding Platform for Trading: LimeFX Rocks!
API trading is available for demanding traders with custom algorithmic trading solutions. 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. It also offers connectivity to key exchanges in Canada, Mexico, andEurope. The firm may also be suitable for other types of investors due to the range of different trading platforms, although limefx forex broker beginners will likely find cheaper deals elsewhere. Investors on LimeFX can put money into investment funds that are managed by other users.
Clients must allocate a minimum of £100 to take advantage of this feature. Online APIs, such as REST API, support the integration of additional features to the standard broker experience. You may fund the account via ACH, wire transfer, or account transfer. In this LimeFX review, let’s look at their fees and commissions. Furthermore, stocks and options are priced according to two different plans. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
Available Assets
LimeFX offers MT4/MT5 trading platforms, which fully support algorithmic and copy trading. 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. The bulk are equity stocks and CFDs listed on 36 global exchanges, which is an excellent selection.
- Our tests show that only a select few brokers, such as Saxo Bank, can rival LimeFX when it comes to the number of trading products.
- All funds deposited into your trading account must be under the same name as your LimeFX trading account.
- Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
- This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms.
How do I withdraw money from LimeFX?
LimeFX offers both investment and market speculation opportunities to its clients. Many of the available trading platforms like MT4 and MT5 have a web platform, which runs through a browser and does not require any downloads. That being said, there are sometimes desktop versions available for which a download would be required. LimeFX is owned by Lime Trading (CY) Ltd, which is regulated by CySEC and ESMA. It is also a member of the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations. For example, MT5 is protected using data encryption, server authentication and more.
Forex & CFD Standard
We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere. We will help to challenge your ideas, skills, and perceptions of the stock market. Every day people join our community and we welcome them with open arms. We are much more than just a place to learn how to trade stocks. Each day we have several live streamers showing you the ropes, and talking the community though the action. People come here to learn, hang out, practice, trade stocks, and more.
This approach allows us to identify scammed by limefx the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. LimeFX processes withdrawals within 24 hours of the request being made. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. The Forex Standard account offers commission-free trading with spreads from 0.5 pips.