TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. The cent account is similar to the other accounts, with the only difference that dollars are denominated in cents.
Commission and Spread Fees
We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful.LimeFx ⚡️Empowering traders. With our Standard, Premium, Privilege and Cent accounts you can access CFDs on forex, metals, indices, commodities, futures and shares. The type of account that is right for you also depends on your risk tolerance, your initial investment size and the available time you have to trade on a daily basis. The accounts have zero commissions which https://limefx.biz/ can lead to substantial savings on trading fees and instant execution which ensures you get trades placed at the prices you expect with minimal slippage. The minimum position sizes start from 0.01 which is great if you want to get a feel for trading in a live trading environment with minimal risk. Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will get complete access to all trading instruments the broker provides.
“They will entice you with attractive offers, and for the first few weeks,”
At LimeFx we provide the tools and support to help you develop your trading skills and unlock your potential. You can take advantage of our excellent trading conditions and products, including a wide range of accounts and flexible spreads across a range of assets. Join us and choose the account type that best suits your needs and start trading with competitive spreads.
Alternative Brokers
Traders can use the demo account for as long as they prefer as there is no limit on the time it will be valid for. When clients of LimeFx are ready to switch to a live account, they should get ready to undergo a verification of their identity. The availability of some of these banking methods depends on the location of traders, so the list of options they will get to see when they access their accounts might differ. While using the simple and intuitive mobile trading app, you can access expert research, explore technical charts, and view the latest real-time prices. Even though future markets are leveraged, traders should bear in mind that they will not only get greater exposure to the market but will also be more susceptible to its negative movements. To ensure that its clients will be able to make informed trading decisions and improve their trading skills, LimeFx’s recently launched Academy service gives them access to webinars, eBooks, podcasts, and videos.
- Users of the brokerage firm can also execute their trades while they are out and about, as LimeFx’s mobile apps make it exceptionally easy to keep tabs on the market anytime and anywhere.
- The only asset class that is missing is cryptocurrencies, but in my opinion, trading crypto on crypto-exchange platforms is better than trading them on a regular broker.
- Hello Ziad Aziz Al-Baloushi,We’d like to thank you for your kind words!
- Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions.
However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. The MT4 platform is available in differentversions, such as the desktop version and the mobile app. Traders can also usethe platform’s web version to access the markets from any computer with aninternet connection. Let’s look at some of the core features of MT4 helpingtraders manage their trading activities. The LimeFx platform offers a wide range of commodityCFDs to trade, including crude oil.
Is LimeFx regulated?
The brokerage firm allows its clients to trade on stocks with zero commission and from as low as 0.1 shares. Customers can trade shares in either direction, long and short, meaning that they will be allowed to speculate on price falls and rises. Futures are also known as futures contracts and are a great option for professional and beginner investors because they are traded with no requotes and in next to no time. It is easy to see why traders choose to enter this popular market, as futures are used for speculation or hedging on indices, commodities, or energy futures. Traders who are looking to bring greater diversity to their portfolios and want to hedge risk are given a choice from a number of commodity options. Due to their low or negative correlations, CFDs on commodities provide lots of attention-grabbing trading opportunities.
On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming. Sometimes, the bid-ask spread can widen due to lack of liquidity or market volatility since traders will either avoid paying more or accepting less than a specific threshold, when buying or selling an asset respectively. With LimeFx, you can access competitive spreads with both our Live Floating and Live Fixed accounts. Fixed spreads allow you to trade with predetermined and steady spreads without worrying about sudden changes. With floating spreads, you can access more competitive spreads, but these are flexible and could fluctuate according to market conditions. LimeFx has a rating of 4.5 stars from 175 reviews, indicating that most customers are generally satisfied with their purchases.
However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice.
In the case of LimeFx, its regulation by the Seychelles FSA is a positive aspect, as it signifies adherence to recognized standards in the industry. This regulation ensures that LimeFx operates in a transparent and compliant manner. Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice. LimeFx, the broker of choice for traders seeking safety, variety, and expert guidance.
LimeFx also provides CFD trading on indices.Traders can access global spot indices such as the Aussie 200 or the GermanDax, and more. In addition, the platform offers these indices with flexibleleverage and low spreads. CFDs on commodities enable traders to takepart in the commodities markets without actually owning the asset. The LimeFxplatform gives traders access to global commodity markets with leverage,allowing them to take advantage of price movements.
Our deposit bonuses provide some extra power when you are just starting out. LimeFx does not target residents of the EU where it is not authorized. limefx reviews LimeFx does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria, and North Korea.
I also appreciated the vast amount of over 150 written articles that are available from LimeFx’s blog section of the website. Traders also have access to the broker’s four educational e-books. Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
Traderscan also modify their trading strategies according to market conditions inreal-time. The minimum deposit requirement is $50; basecurrencies are EUR, USD, or GBP. Forex traders and other market traders canaccess LimeFx’s services through the MT4 platform, WebTrader and mobileplatforms. Plus, they offer a free demo account to practice on their platforms. The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform. The competitiveness of LimeFx’s fees depends on the asset classes traded.
When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Compared to the broader industry, LimeFx offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies. It also supports automated trading via its Expert Advisors (EAs) feature. Meanwhile, the mobile app version of the platform supports trading on the go.
LimeFx allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash. While creating their demo accounts, traders are allowed to decide between a great number of deposit amounts that start from $500 and can run into $5,000,000 at the most. While setting up their demo account, traders will only be allowed to go for an account with a floating spread. As for withdrawals, clients of the brokerage firm can make use of most of the payment processors we just mentioned.