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LimeFx Forex Broker Review, info, minimum deposit Website for Forex, Binary options Traders Helpful Reviews

04 Temmuz 2023
15 kez görüntülendi
LimeFx Forex Broker Review, info, minimum deposit Website for Forex, Binary options Traders Helpful Reviews

The broker offers several account types, but the commissions on them are similar in general. On MT5 Global and Forex ECN account types, the broker charges $2 and $3 commission per standard lot of 100,000 units of base currency respectively. The traders also need to take into account the market spread, which is received from the liquidity suppliers. As a rule, the spreads on LimeFx are very low due to high liquidity received from large banks.

  1. LimeFx offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.
  2. LimeFx is a reliable multi-regulated broker registered with FINRA, NFA and CySEC.
  3. Traders placing a high volume of positions will also find the fees very reasonable.
  4. When moving money to LimeFx there may be a currency conversion fee for LimeFx clients if the base currency of your payment method differs from the base currency of you LimeFx account.

ROX empowers traders by providing lightning fast access to many sources of liquidity. ROX users can benefit from competition among a large number of market centres, each limefx broker reviews of which have their very own special advantages and opportunities. ROX simple yet powerful point-and-click screens enable trading in many marketplaces at the same time.

LimeFx Forex ECN Account

Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs.

It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options. On its website, LimeFx claims to have integrated modern technologies into its wide range of brokerage https://limefx.group/ services to bring about a low priced as well as “fresh and native” trading experience. However, some account types, such as the Forex ECN account, have higher minimum deposits (£200 in this case).

LimeFx Review 2021

The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. There is also an additional email for customer support of ROX accounts holders – The only thing LimeFx can offer in terms of education are video tutorials on MT4 and MT5 platforms. To receive them, you must be a broker’s customer and you must send a request to customer support.

Broker Overview

In the first two stages of the program, traders are placed on a demo/paper account and must meet a profit target while avoiding specific drawdowns and maximum daily loss amounts. If investors successfully pass both steps, they  receive access to a funded real-money account and can trade on the firm’s capital (a monthly subscription fee applies). MetaTrader 4 is offered with LimeFx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app.

Overnight Funding Fee

All deposits are free with the MT5 Global and Standard accounts, except Alph-bank which charges a 2.5% commission. ECN accounts incur a 2.25% to 3% commission; Trustly and UnionPay are free to use. As for speed, most transfers are instant, with bank wire taking 2-5 business days. CQG gives direct access to over 40 global markets and products, including futures and options. The brokerage also provides access to several third-party platforms, including Sterling Trader Pro, CQG, ROX, and the iBroker mobile app, with access to demo versions. Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively.