We appreciate that limefx there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. Many of the available trading platforms like MT4 and MT5 have a web platform, which runs through a browser and does not require any downloads. That being said, there are sometimes desktop versions available for which a download would be required.
- The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience.
- Based on our evaluation, there aren’t many forex tools to improve the trading experience.
- For example, they offer over 30,000 stocks andmore than 90,000 option assets.
- In our review, we are focusing on the European branch LimeFX LTD ONLINE.
- The broker states that the accounts are opened within one day.
You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. Trading hours with LimeFX depend on the market in question. Forex hours are generally Sunday evening until Friday evening, whereas stock markets are often only open during the day, Monday-Friday. Crypto, on the other hand, is active 24/7 due to its decentralised nature.
How To Make A Deposit On LimeFX
We provide our members with courses of all different trading levels and topics. On our site, you will find thousands of dollars worth of free online trading courses, tutorials, and reviews. 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. Brokers brag about their rates, like chat rooms claiming to help thousands of traders.
Summary of commissions and fees on LimeFX
The broker states that the accounts are opened within one day. A manager called us within 20 minutes, we discussed all issues and questions and our account was verified in an hour. This is one of the best results in terms of quickness of account opening among the brokers with European regulation.
TRADING STOCKS IN THE BULLISH BEARS COMMUNITY
It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention. Investment portfolios are calculated individually for each client, based on the results of a questionnaire with 8 questions to determine your preferred risk preferences. The rest of this review will explore theofferings, accounts, and trading conditions available from LimeFX ingreater detail. Also, it’s worth mentioning that LimeFX has no deposit fees for cryptocurrencies and tokens – there’s but a 3% fee for a bank wire transfer. This is definitely good news for any of the platform’s users!
Note that, for credit card withdrawals from the MT5 Global account, a commission is not charged when refunding to the same card. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in scammed by limefx Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker.
Non-Forex Assets
Also, the broker allows the address registration stamp in a national passport as proof of residence. This is relevant for the citizens of the countries, where address registration is mandatory by the law. Then, the system will copy trades based on the original strategy to the customer’s account, charging a percentage as a commission for the strategy manager. The selection is impressive and it makes LimeFX stand out among the competitors. Degiro does not offer any similar products, while Swissquote only has Robo-Advisor (minimum 10,000 CHF) and Theme trading. The information about IPO is updated regularly on the website and the customers have access to purchase shares before they are in free circulation at the exchange.