Trading charges on LimeFX vary depending on the account type. Contact us directly for further inquiries about our products and services. Transfers in from one account – say the IRA – to the account are free. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings.
Trading Fees
Processing times are instant except for bank wires, which take two to three business days. Withdrawal fees and withdrawal processing times depend on the payment processor, which LimeFX transparently lists on its website and in the back office. LimeFX offers 24/7 customer support, but an FAQ section needs to be included. A direct line to the trading desk exists, but I am missing one from the finance department, where most issues can arise.
Does LimeFX Offer Low Forex Trading Fees?
The choice of payment processors is good, but I still need cryptocurrency deposits and withdrawals. While limefx forex broker the 30,000+ asset selection looks good on paper, it focuses on equities and CFDs listed on 36 exchanges, making LimeFX an excellent choice for equity traders. Forex traders get a reasonable selection of 64 currency pairs.
Demo trading does not grant exposure to the full range of trading psychology and can create unrealistic expectations. The bulk are equity stocks and CFDs listed on 36 global exchanges, which is an excellent selection. Forex traders get a reasonable selection of 64 currency pairs, and commodity traders can choose from 25 CFDs and futures contracts.
- The firm boasts a wide range of assets, including stocks, forex, futures and cryptocurrencies, all of which can be found on the MetaTrader 4 and MetaTrader 5 platforms.
- MetaTrader 5 is offeredwith LimeFX’s MT5 Global account and can be used as a desktop, mobile, orweb app.
- The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies.
- We are opposed to charging ridiculous amounts to access experience and quality information.
- ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements.
Is LimeFX A Good Or Bad Forex Broker?
LimeFX is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making limefx scammers it less daunting for beginners.
Versatility and Inclusivity in Account Offerings
MetaTrader and CQG have intuitive mobile apps that LimeFX clients can access for free. These provide many of the same features you would find on the desktop and web versions but they allow traders to invest from wherever they are in the world. Each of these apps can be downloaded for free from the Apple App and Google Play Stores.
It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.
Overnight funding fees and other transaction charges, require detailed understanding on the LimeFX platform. Doing so will help you know how the fees work and how to apply them. LimeFX positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. We could charge more, but we have a pay it forward, give back mentality. We want to feel good about what we do, and the results and reviews speak for themselves. What we really care about is helping you, and seeing you succeed as a trader.
