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LimeFX reviews by traders added daily at Forex Peace Army

A rollover interest fee is based on the difference between the interest rates of the traded currencies. The first currency is the base currency, and the second currency is the quote currency. The quote represents how much of the quote currency is needed to get one unit of the base currency. For example, the most common forex pair is the EUR/USD (Euro and U.S. dollar).

Wait times will vary based on call volume, but during a normal day you can expect to wait several minutes before being connected with a representative. Email support is available for more in-depth questions but expect to wait one to three business days for a response. In terms of other fees, accounts with no trading activity for more than 12 months are subject to a $15/month inactivity fee. The website does not list additional fees for deposits or withdrawals. We recommend LimeFX for forex traders looking for low fees and great research tools. On the positive side, it has low forex fees, many tradable currency pairs, and high-quality research tools.

Broker Comparison

You can deposit using checks, bank wire transfer, and online bill payment checks in many currencies such as USD, EUR, JPY, GBP, AUD, CHF, CAD, and more. They are present in over 33 countries and you can trade 23 currencies. You can open a demo account with real-time quotes with paper money worth 1,000,000 USD.

LimeFX forex brokers reviews

LimeFX provides a great number of currency pairs and cryptocurrencies. The stock, stock index, ETF, and commodity CFD selections are also great. However, the exact number of available products differs significantly depending on which LimeFX entity covers you.

What is the minimum deposit for LimeFX accounts?

Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. LimeFX is considered safe because it has a long track record, it is regulated by top-tier financial authorities, and its parent company is listed on a stock exchange. Digital assets are risky, check out the Risk Disclosure Document on your platform of choice for more details and consider getting advice from a professional. LimeFX is a global FX broker that is available in the US and most parts of the world. On your first visit to the platform, you can select the country you live in, and they will let you know if any of their services are available in your jurisdiction.

Spreads, commissions, and rollovers are all detailed on our dedicated page. Quality execution combined with the tools and resources necessary to elevate your trading. Traditional futures and futures options trading available with our affiliate FuturesOnline.

We use dedicated people and clever technology to safeguard our platform. I like their platform appearance but everything else about this broker isn’t impressive or suitable for profiting. You will not find a positive review, other than the ones paid for. When you go to withdraw, they take a week to verify the same card that you have been using for 6 months.

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We are disappointed you have not had a good experience with LimeFX. I can confirm all the negative experience https://limefx.biz/ as discribed below in the comments. I have waisted a lot of my time just trying to register with them.

  • With varied options, LimeFX is at the forefront of serving all types of traders with their trading needs.
  • We are glad to hear that your experience with our trading platform has met your expectations.
  • He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece.
  • It is, as the name suggests, commission-based, and you will be offered lower spreads.
  • We ranked LimeFX’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.
  • Research is accessible under Latest Research, Market Insights, Trade Ideas, and Week Ahead.

Considering the high risk involved with trading, we hope that this in-depth forex trading review will prove to be a beacon for you. DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

LimeFX as a trading name and a part of GAIN Capital Holdings Inc which is a publicly-traded company providing online trading solutions. Its mobile app features all of the tools of the desktop platform formatted to fit a smaller mobile screen. Buy, sell, perform currency research and view charts all from the palm of your hand. You’ll likely be impressed with LimeFX’s research and education offerings.

What is the minimum deposit to open an account with LimeFX?

I have complained to all security exchange authorities, but they are in the same boat with them. They won’t give me enough time to go into details, but I would. It is a simple process to fund your account, HOWEVER, when it comes time to withdraw funds, the situation changes. While we strive to make our withdrawal process as seamless as possible, we must balance this with our duty as a regulated firm to verify details under the guidelines set by our regulator. To clarify, we will have one of our support team members reach out to you with more information on how to make a deposit through ACH.

  • For instance, you can compare LimeFX fees with its peer FBS.
  • Investors around the world can trade 24 hours a day, five days a week.
  • Fees, minimum deposit requirements, withdrawal, account opening, research tools and more.
  • It also lets you pick between a light or dark theme and between “one-click” or “two-click” trading.
  • If you’re not ready, then try our no-risk demo account with $50,000 in virtual funds.

Leverage and margin trading are more preferably used by traders to increase their profits. Considering the slow price movements, LimeFX allows traders to use these features to find potential LimeFX opportunities and make meaningful trades. The website of LimeFX has a margin calculator that traders can refer to choose the best leverage and margin requirements based on their location, account type, and activity. To start with LimeFX, a well know forex broker in the UK, you need to make a deposit first.

LimeFX

The company does automatically monitor client’s accounts and if there is not enough margin in an account, the firm will automatically liquidate positions. With this, LimeFX keeps all customers funds segregated from its own operating funds, which further helps to protect traders money in the event of any financial issues with the company. The company oversees over 200,000 retail traders across the globe, from the U.S., UK, and Canada to Japan and Australia, with the tools needed traders advance in the financial markets.

It allows investors to trade a wide range of assets in major global markets with order types. Trading options include foreign currencies, contracts for differences , commodities, stocks, exchange-traded funds, initial public offerings, cryptocurrencies, precious metals, and futures. Due to its advanced security protocols, faster transactions, and lower limefx company reviews transaction costs or spreads, LimeFX has become a leading online broker. After hearing a lot about it, we could not resist ourselves from conducting the LimeFX review. This LimeFX review consist all the information you need before you start trading with it, we have covered its features pros, cons, customer support, regulation & more.

Market – The simplest order where a trader signals that their trade request should be executed at the prevailing market rate. While LimeFX’s website has an intuitive feel, there are a few pages with either incorrect, outdated, and/or incomplete information, which speaks to a general lack of attention to detail. LimeFX does not offer guaranteed stop loss orders for U.S. clients. LimeFX is a registered FCM and RFED with the CFTC and a member of the NFA (# ).

By speculating on price movements driven by global events and the condition of different economies, investors can get more value for their money. Furthermore, the forex market functions 24 hours, making it convenient for investors to trade on margin using short-selling techniques. Soon, forex became the preferred trading option among investors.

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