The current floating rates system, which limefx courses scam we know today, was adopted after World War II and has been in effect ever since. LimeFX provides 24/5 customer support via online chat, phone, and email. It is available in more than 25 languages, catering to the needs of clients from worldwide. LimeFX’s agents respond fairly quickly and are generally knowledgeable. LimeFX shines in its extensive share CFDs offering that includes stocks of companies from all over the world. The broker also offers thematic indices, which can be used to diversify one’s market exposure.
Similar apps
- LimeFX offers MetaTrader 4 (MT4), while Interactive Brokers does not.
- Compare LimeFX with the top 3 similar brokers that accept traders from your location.
- While offering access to the same markets as other accounts, the swap-free account adjusts fees to ensure fairness without charging interest.
- So when one falls, another one rises as the price denomination of any currency is always stated against another currency.
- This means that MT5 offers not only FX but also trading in stocks, stock indices and precious metals.
For example, LimeFX charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. LimeFX offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities.
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. LimeFX offers access to over 1300 tradable instruments across currency pairs, commodities, share CFDs, and indices.
Web Trading Apps
The broker does not charge a handling fee for deposits and withdrawals, and its inactivity fee is rather low. Aspiring traders seeking a comprehensive and user-centric trading experience should look no further than LimeFX. With its user-friendly platform, diverse tradable assets, and commitment to education, LimeFX stands out as a broker of choice. Whether you’re a beginner or an experienced trader, LimeFX offers a range of account types to suit your needs and preferences. Our clients can choose the trading account that meets their needs and select the trading platform of their choice during their registration. The client has the freedom to decide at which price they decide to buy or sell, and vice versa, and can execute a transaction at any time they wish.
Another con of LimeFX is the absence of cryptocurrencies and lower-risk securities like ETFs and bonds. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that Interactive Brokers offers better pricing overall for traders. When I chose them as the main broker to trade with, they had been already in the business for around a decade. One of the factors that bolstered my decison is the fact that LimeFX is strictly regulated by several respected regulatory entities, including CySEC.As for the range of assets here, it is really huge here.
Lleve su trading a donde vaya
The broker does not provide any lower-risk securities, such as ETFs or cryptocurrencies. I have compiled the table below to help you better understand the difference between the trading fees of LimeFX’s three retail account types and the industry average. It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. LimeFX’s fees are reasonable but can be bettered at brokers like LimeFX and Fusion Markets. Most account types offer commission-free trading, with generally tight spreads, particularly limefx review on popular instruments like major forex pairs.
I trade forex pairs and stocks, and frankly the costs stemming from my trades are minimal thanks to the low spreads from the broker.Regarding the customer support, they are trully attentive and fast to reply. LimeFX offers mobile trading for all its trading platforms, and our clients can download the matching application of their platform of choice for both Apple and Android devices. To gain access to any of the LimeFX trading platforms, you will need to have a demo or a live trading account. Each unique account provides you with a login number that allows you login to the trading platform that you selected during the registration. Beyond trading fees, I encountered no hidden charges while using LimeFX.
About Forex Trading
A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies. A forex trading platform is in essence the software provided by LimeFX to its clients to carry out their trades. In simple terms, each LimeFX client is provided access to a trading platform (i.e. software) which is directly connected to the global market price feed and allows them to perform transactions without the help of a third party. LimeFX is a Cyprus-based derivatives broker with offices in Australia, UAE, and Belize.
However, the broker’s above-average trading fees prevented it from scoring higher. To compare the trading platforms of both Interactive Brokers and LimeFX, we tested each broker’s trading tools, research capabilities, and mobile apps. With research, Interactive Brokers offers superior market research. Finally, we found Interactive Brokers to provide better mobile trading apps.
