Within this promo, the new customers could get a bonus for topping up the account of Forex Standard type. The main email of customer support is It is an advanced source of financial and technical assistance. If you can’t find the information on the website and the managers of the call center cannot help you, you need to write an email. Since the platforms of Metaquotes are widely known, we will review the CQG platform. This is a professional level software designed for trading futures on the American futures market.
- Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms.
- LimeFx offers several platforms and doesn’t charge a dime for any of them.
- The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth.
- The commission rate in this account type ranges from 0.006% to 2.5% depending on the trading instrument.
- LimeFx offers a wide range of handy methods to deposit and withdraw funds from your trading account, totalling more than 20 options.
This simply means that the platform follows all of the necessary security and data protection guidelines, and that it is trusted in the aforementioned regions. By extension, it also means that you’ll be able to track the market closely, and any time that you see a great opportunity to purchase some crypto coins, you’ll have the chance to do so, right from your phone! Naturally, though, this is true assuming that LimeFx supports that specific cryptocurrency (we’ll get to that in a minute). Withdrawal fees vary by quite a bit, and usually depend on two separate factors – the exchange itself, and the blockchain of a specific cryptocurrency that you want to withdraw. Undoubtedly, fees are going to be one of the most important aspects to look into when trying to decide which crypto exchange or brokerage will suit your wants and needs the best. Coincidentally, one of the first benefits you’ll find mentioned among LimeFx reviews are the fees available with this brokerage.
LimeFx offers over 30,000 stock assets and
more than 90,000 option assets. There is also an additional email for customer support of ROX accounts holders – It is available inside the personal account of a LimeFx customer and visually shows the map of ‘hot stocks’. The bigger the circle with the ticker, the more attention the stocks enjoy in the market. For example, from the screenshot above, it is evident that PFE is extremely active.
Sophisticated Solutions for Professional Traders
I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. MT5 also offers an expanded range of tools for trade management, including several types of pending orders (Stop Loss, Take limefx website Profit, Stop Loss Limit and Take Profit Limit). There is also an opportunity to set a condition for closing all positions if the account has a low balance. Therefore, they have much flexible trading platform for their customers to give them the best trading experiences. LimeFx offers a free demo account with 50,000 virtual USD for risk-free trial trading, which is excellent.
LimeFx offer professional customer support 24/7 via online chat, telephone and email. It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. LimeFx comes with the leading platform globally, which is MetaTrader 5. MT5 offers sophisticated analytical objects, including two new types of charts, trend lines, and channels.
- In comparison with its Russian competitors, LimeFx offers slightly better trading conditions, especially in terms of minimum deposit.
- All in all, each and every requirement of a trader, investor, or financial institution is available through the LimeFx online brokerage service.
- With a strong background in finance and technology, Nathan’s expertise shines through in his well-researched articles and thought-provoking analysis.
It really does cover
all the bases and is a valuable addition to the LimeFx experience. In order to receive more ideas for trading shares, you need to have a ROX (Global Exchanges) account. The holders of these accounts can receive signals on US stocks more regularly. The advantages of CQG Desktop include DOM Trader, which is a rather advanced version for web platforms. With Internet access and a smartphone with a browser, any customer can use this module for intraday scalping in DOM (Depth Of Market). There are restrictions for some methods of withdrawal (for example, debit/credit cards).
A live trading account will only be active when the trader would pay the initial deposit funds. Along with this the customers also valued the broker for providing multiple options of assets for trading including not just forex or stock markets but mutual funds and options trading as well. With these praises, there were also some flaws that were highlighted by the customers including slow and delayed withdrawal of funds and high minimum deposit payment.
Understanding the Impact of Liquidity on Forex Trading with the Most Liquid Pairs
Similarly, not just in terms of trading instruments, LimeFx is also diverse in the account types it offers. From new to professional traders, there is a customized account type for each kind of investor. Overall, I feel that LimeFx are a really good broker with a vast range of trading products and services that can meet the demands of all traders. They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity. I found them to have very competitive trading conditions and fees.
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Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips. These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no https://limefx.club/ dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.
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No commission is charged on deposits in cryptocurrency, while the speed depends on the peculiarities of blockchain, although the broker claims ‘instant funding’. As we already mentioned, ROX accounts types (it can also be called US Exchanges or Global Markets) and CQG accounts (aka Global Futures) are serviced by a special department inside the broker’s structure. They are less popular and the information about them is less extensive.
Through this account type, professional traders and investors can trade options and futures assets at a minimal less than a $ 3 commission rate. Moreover, traders have the opportunity to reach financial exchanges worldwide with a minimum deposit of $ 200. With more than 9000 trading instruments users can register to this account type and get access to the advanced user interface of MT5 even through their mobile phones. Along with the security of investment and funds, the second advantage of LimeFx is that it provides trading options in many asset classes. Even when major online brokers do not offer trading options in futures and bonds, LimeFx also provides services for these assets as well.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. J2T CryptoExchange proves to be a great place to start investing, in general, since it offers a wide range of different assets for you to tinker with and, evidently, purchase. You can also create a demo account if you’re not still sure about the entire process, which will give you a chance to try out the platform at your own pace. LimeFx minimum deposit is a thing, however – and that minimum deposit is $100.
The minimum deposit is among the average in the industry, so the broker is a good option for beginner traders too. LimeFx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. Using their trading strategies, the broker can manage client capital by investing in stocks of leading US and global companies that are traded on the major exchanges NYSE, NASDAQ, BATS, etc. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management.
While the initial deposit requirement is not out of the ordinary, it is atypical for a broker to require an equity maintenance so close to the minimum initial deposit. Contact us directly for further inquiries about our products and services. If you’re looking for a reputable broker
with a proven track record and the lowest commissions and best spreads, then
LimeFx might fit that bill. Their website has a user-friendly
interface, making it easy to find all the necessary information and details
regarding the broker, its offerings, and its terms and conditions.
Trading signals
Also, we decided to analyze how beneficial it will be to hold marginal positions on different markets. As a reminder, a marginal position means that you purchase securities not only with your own money, but also borrow from the broker. We estimated the selection of investment products on LimeFx as excellent and the commissions as average in the market. Let’s review how much a trader will have to pay for these sorts of services. The size of the swap depends on the interest rates of the central banks that issued the currencies in the currency pair. In case of positive swap, a certain number of points is accrued to the account, and in case it is negative – the points are written off the account.
The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. We have scanned fees (minimal spreads) that LimeFx charges when trading popular currency pairs, here is their breakdown in pips. LimeFx is the first Forex broker to obtain a license from the Bank of Russia at the end of 2015.
Opening an account with the broker is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the LimeFx account team, you can then fund your account and commence trading. The relationship between a trader and an online broker is always very important.
