This lets them deal inthe currency they prefer, and it also gets rid of the need to pay fees forchanging currencies and makes dealing easier. Furthermore, LimeFX offers free wiretransfers for amounts over $200, making it easy for traders to gain access totheir money without spending a lot. MetaTrader 5 (MT5) expands on the capabilities of its predecessor, MT4, offering a comprehensive multi-asset trading platform. It’s suitable for traders looking to engage in forex as well as other markets like stocks, stock indices, and precious metals. You cannot use an MT5 account on the MT4 trading platform, so make sure you create your MT4 account beforehand. The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies.

Forex Trading

All LimeFX clients are allocated a personal account manager limefx official site who is available to assist you with any account or trading question you may have. LimeFX personal account managers have a reputation for ensuring their clients get the best from their trading activities. Although a good range of contact methods are offered by LimeFX, there is no customer support available on weekends. These ECN spreads are among the industry’s best, matching or surpassing top brokers like LimeFX and Pepperstone. We believe that choosing the right broker is the key to success in online trading, and we are committed to helping you do that.

Overall, the fact that LimeFXis regulated by reputable authorities evidently showsthat it is committed to giving its clients a secure limefx review and transparent place totrade. LimeFX offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5. A spread is the difference between the bid and the ask price of a currency pair (buy or sell price), and so to make it even easier it is the price at which your broker or bank is willing to sell or buy your requested trade order. As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. In order to best comprehend the above 6 factors, you will have to keep in mind that currencies are traded against one another.

LimeFX Trading Review – How To Trade Forex in the LimeFX

At LimeFX the client comes first regardless of net capital worth, account type or size of investment. All our clients receive the same quality services, the same execution, and the same level of support. For day traders seeking even lower spreads, the LimeFX Zero account provides spreads starting from 0.0 pips with a small commission per trade. Once, I was having trouble understanding the differences between accounts, so I jumped on live chat. LimeFX also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors.

Forex Accounts

1. If you’re looking for reliable and accurate information about brokers, you’ve come to the right place.
2. LimeFX is regulated by tier-one financial regulatory agencies, which ensure that it adheres to best practices when dealing with clients.
3. At LimeFX the client comes first regardless of net capital worth, account type or size of investment.
4. LimeFX is regarded as one of the most secure brokers as it takes measures to protect users’ funds and privacy.
5. Some specialize in foreign exchange (forex) trading; while others focus on stocks, options, or other securities.
6. You will need to provide accurate information as these will be verified later using a government-issued ID.

All accounts promise no requotes or rejections, fast execution and unlimited access to MT4 and MT5 including expert advisors. LimeFX is an FX brokerage that was founded by Trading Point Holdings in 2009. The broker is globally available and allows traders to buy and sell various financial assets including forex, crypto, metals, and CFDs. LimeFX is regulated by the Financial Services Commission, Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Its users have access to both MT4 and MT5 platforms in addition to low trading and withdrawal fees. LimeFX boasts competitive fees with low spreads and no maintenance or deposit/withdrawal charges.

Deposits and withdrawals are essential parts of trading on a brokerage platform. LimeFX provides multiple deposit methods with no deposit fees and several account base currencies. Since there is no deposit fee, LimeFX broker will not deduct any amount from the deposits you make.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. This segment participates in the forex trading marketplace via a broker (like LimeFX), or via a bank. LimeFX’s fees are reasonable but can be bettered at brokers like LimeFX and Fusion Markets.