Great to read that LimeFX platform is providing all the tools you require – Thank you for the review. We are so pleased to hear that LimeFX is providing such a informative platform. LimeFX withdrawals normally take a few hours and up to 7 business days to complete. However, the timing depends on many variables, including the withdrawal type and the client’s bank processing delays.
How do I deposit USD into LimeFX?
LimeFX presents traders with a competitively priced, commission-free pricing environment. The EUR/USD starts as low as 0.6 pips or $6 per 1 standard lot, with an average cost of 0.7 pips. It is the same as commission-based brokers offering raw spreads of 0 pips for a commission of $6.
In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall. Opening an account with LimeFX is a relatively straightforward process. Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by LimeFX. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
Can I trade cryptocurrencies with an LimeFX account?
LimeFX’s platform is efficient and their market insights are always detailed and valuable. LimeFX’s limefx user-friendly platform and accurate market analysis make trading efficient and effective. We see you are very pleased with service from LimeFX trading platform. Their trading tools are effective and their market analysis helps in making informed decisions.
- The figures below reflect the available leverage at the offshore entity of LimeFX.
- LimeFX allows revenue share, where copiers only pay a fee on profitable trades or fixed revenue per lot, where a trading charge applies irrelevant to the outcome.
- These trader-friendly policies lead to LimeFX receiving a top rating for its deposit and withdrawal procedures.
- LimeFX removes separate commission fees by incorporating the cost into the spread, providing a simple financial environment where traders can quickly assess their trading expenses.
LimeFX Review
Account verification is mandatory, and most traders will complete it after sending a copy of their ID and one proof of residency document. A ranking system is also in limefx broker reviews place, evaluating the trading history of the Master Trader with LimeFX. In-depth details on the trading strategy and performance of each Master Trader are equally available. Copiers have the option to evaluate each trade individually, and I like the range of trading metrics LimeFX provides, allowing copiers to make better choices when selecting which Master Traders to follow.
Read our full explanation and accounting of our research and testing process to learn more about how we test. Use our country selector tool to view available brokers in your country.
Therefore, financial markets will almost certainly respond differently depending on who ultimately gets into the White House. Beginner traders get the most educational value from webinars, which LimeFX also publishes on its YouTube channel. I also recommend the 21 well-thought-through articles and its 11-video beginner’s course, which introduces new traders to financial markets. The LimeFX combination of written content, charts, and videos creates a valuable product. Platform tutorials are equally available, guiding beginners through the initial steps.
All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. LimeFX (formerly LimeFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. LimeFX segregates client deposits from corporate funds and offers negative balance protection.