Forex Trading

Forex Accounts Forex Trading Account at LimeFx

The decision about which platform to choose is clearly based on what a client would like to trade. At LimeFx, clients have the choice to select the MT4 family of platforms or the MT5 family of platforms. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients.

Get More than a Forex and CFD Trading Account at LimeFx

Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. This includes over 350 CFDs, as well as 57 currency pairs and 5 cryptocurrency CFDs. LimeFx is regulated by the FCA in the United Kingdom and they have European passports with the MiFID, as well as being regulated by the CySEC in Cyprus, as well as being regulated in Australia as an ASIC entity. LimeFx may charge overnight financing fees for holding CFD positions overnight.

LimeFx Live Chat

If you are one of those traders, Axi can be a good alternative if you are looking for a broker with crypto funding. Once you are done with the market analysis, you can continue by opening and closing positions according to your views of the possible market direction. Once you know which account you want to create, simply click «Open An Account» on the right side of the broker’s website. As you see below, you will be required to provide detailed information about yourself, which includes your first name, last name, phone number, location, email, etc.

  1. Accounts that exceed the allowable margin face the risk of having positions closed out by LimeFx.
  2. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise.
  3. This means that the broker will automatically close all of your positions in order to avoid your balance going into a negative.
  4. ATC also offers traders with a scalable back office and the use of MetaTrader Pro, which includes additional features to the normal MetaTrader 4.

Standard account of LimeFx

Traders can have access to all of these available assets with any account. However, keep in mind that shares can only be traded with the special Shares account. As for CFD shares, they can be traded with other accounts as well.

Discover Your Next Trade

Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with LimeFx we would really like to know about your experience – please submit your own review. Compare LimeFx with the top 3 similar brokers that accept traders from your location.

How To Open A Demo Account

Due to strict regulations which are in place with regards to international brokers offering their services to US citizens. The pricing and execution offered by LQDFX is provided by top-tier banks which form part of its extensive list of liquidity providers. In addition, LQDFX uses a price aggregator which matches the orders of traders with the best possible price executions. There is also the benefit of zero deposit requirements and zero commission charged on trades. However, there are other fees which may apply when using TD Ameritrade. Traders are also offered with 24/7 customer support and the benefit that any trading styles are welcome and there are no restrictions on any jurisdictions.

If you are new to trading, I think MT4 is a great platform to get started with. You can open a free demo account to learn how to use the platform and practice trading online risk free, until you build enough confidence to open a live account. LimeFx Group is a globally established and regulated online trading broker. They are one of the best brokers for day trading from my experience.

Client funds are also protected through multiple compensation schemes, such as CySEC’s Investor Compensation Scheme. These programs compensate account holders in the event of a brokerage firm’s financial collapse or its inability to make customers whole on their account balances. The regulators also require limefx website LimeFx to segregate client money in separate bank accounts at top-tier financial institutions. The download is quick, provided you have a decent internet connection. Once traders agree to some standard disclosures they can click the MT4 or MT5 icon on their desktop and be on the platform in seconds.

ESMA regulations prohibit CFD brokers from offering bonuses to retail investors in Europe to encourage CFD trading (or a greater volume of trading), including signup bonuses or fee rebates. All LimeFx account types offer negative balance protection for EU residents. LimeFx offers trading services to residents or citizens of more than 200 countries. The broker’s head office is in Limassol, Cyprus, while they also have offices in Athens and Sydney. LimeFx offers trading in more than 55 currency pairs including majors, minors, and many exotics.

Interactive Brokers is one of the largest and most trusted brokers in both the US and the trading industry. Traders are provided with countless trading and investing opportunities through a plethora of different accounts, sophisticated trading platforms, and some of the best trading conditions available. Traders are also offered with a choice in fixed spread trading accounts, commission-free trading options, swift trade executions, high leverage, and 24/7 dedicated customer support. We recommend the Zero account and the MetaTrader 5 platform for day trading.

Another is that there are a variety of brokers, many of them unregulated or regulated in countries outside of the U.S. For our list of best currency trading brokers, we considered only those that are regulated by the National Futures Association and the Commodity Futures Trading Commission. In all my time being a trader, this is the one broker that I can vouch for that doesn’t manipulate its charts and is honest with its operations.

If you want as many trading instruments at your disposal, then you should probably opt for MT5. Even if you only trade forex now, think about how easier it would be if you want to diversify in the future. If you want something more advanced, cTrader is another platform to consider but is not offered by as many brokers. FxPro also have the cTrader platform if you want to check them out. The mobile trading apps are especially useful if you need to access your trading account whilst on the go from anywhere in the world provided that you have an internet connection.

I believe that LimeFx Group understands that clients want fair and transparent trading conditions with the lowest possible spreads and fastest possible execution. This combined with strong regulation and a human approach, makes LimeFx Group one of the best trading brokers available to traders worldwide. I have had an account with them for many years and they’ve never let me down. The LimeFx MT5 platform offers all of the same powerful features that the LimeFx MT4 has to offer, along with more trading tools and advanced capabilities. It has an additional 1000 CFDs on stocks (shares), which makes it the ideal multi-asset platform. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage.

This account is basically a combination of the Standard and Micro accounts, offering traders the best of both worlds. As for the micro ultra, the lot equals 1,000 units of the asset traded. The leverage is pretty much the same, depending on the location as well as the amount traded. Spreads are very low with this account, which makes it truly special. As for the contract sizes, there are two options available for traders.

The instructions of how to access the mobile trading platforms can be found on the relevant page of the mobile platform itself on the LimeFx website. To deposit funds to the trading platform you trade on, you will first be required to open a live trading account. Kindly note that the LimeFx WebTrader is part of the MT5 family of platforms and therefore accessible with the login and password a client would use to access the MT5 family of trading platforms. Its a nightmare to open account with them takes ages and agents are not really interested in helping you.

It is also licensed in Cyprus, which allows it to offer services throughout Europe, and Belize’s FSCA, which is an international regulatory body. If you are a trader looking for the opportunity to directly invest in stocks, there is a great offer waiting for you at LimeFx. For stock investors, LimeFx has created a special account type called a Shares account.

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