When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. LimeFx offers its users a wide selection of assets to purchase and trade, in addition to 5 of the main cryptocurrencies. The brokerage is secure and reliable, and is certified in the US, EU, and UK.
Overnight Funding Fee
When you’re ready you can join our chat rooms and access our Next Level training library. We are opposed to charging ridiculous amounts to access experience and quality information. If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. If you would like to contact the Bullish Bears team then please email us at bbteam[@]bullishbears.com and we will get back to you within 24 hours. LimeFx is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. Additionally, LimeFx is an accredited member of the Better Business Bureau with an A+ rating.
Mobile Trading
- I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems.
- Naturally, we’ll also talk about the less-positive sides of the platform, too.
- This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.
- The patented pattern recognition technology conducts technical and fundamental analysis to help optimise trading strategies with easy alerts, back testing and customisable filters.
Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. For traders who require a more robust platform, LimeFx offers several options.
Forex Fees
CFDs can also be traded with leverage, which increases potential returns (and losses). Other fees to be aware of are the swap fees that are charged on positions held overnight. Traders should also keep in mind that triple rate swap fees are charged on a Wednesday. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. Asktraders is a free website that is supported by our advertising partners.
Should I Open An Account With LimeFx?
In addition, professional traders can benefit from a bonus of up to £2,000 when topping up funds in their accounts. Note that, for credit card withdrawals from the MT5 Global account, a commission is not charged when refunding to the same card. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing scammed by limefx process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion.
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. This account is for those who already have exchange trading experience and want to get the highest execution speed. Spreads on this account type start from 0 pips with a $3 per lot commission charged.
Our vast portfolio encompasses stocks, currencies, options, futures, CFDs,… Our review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments. These are drawn from virtually every market within the finance and securities industry including stocks, indices, currencies, and commodities. Unlike most other trading products listed here, https://limefx.name/ futures and futures options trading are lightly covered in the broker’s educational resources and research reports. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade. There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets.
LimeFx offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies. Customer service can be reached using the telephone number, email, and live chat on the website. This is a drawback versus some competitors who offer around the clock customer support.
In essence, LimeFx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify LimeFx’s reputation in the financial trading space. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.
This 2024 review will explore LimeFx’s services in more detail, including the price per trade, deposit and withdrawal options, and UK customer service quality. Incorporated in 2006, LimeFx is an online brokerage launched by Success Trade Securities. The broker offers a complete gamut of financial services that include FX, stocks, bonds, futures and options. Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. In our review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms. The in-house platforms include the LimeFx+, LimeFx pro, the commission-free LimeFx Lite, and LimeFx mobile apps.
Importantly, these times and minimum requirements are in line with most of the industry. Although there are companies with lower minimum deposits, this is still a reasonable amount. UK investors can access a range of deposit methods to fund their LimeFx accounts, including traditional payment solutions and cryptos. As a result, Jus2Trade scores highly in terms of payment options. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders. It offershigh-speed execution, customizable interfaces, and a wide range of orderrouting options (including DMA, dark pools, market makers, etc.). 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.
The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. 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. Feel free to ask questions of other members of our trading community.
This is a hefty account promotion though there may be withdrawal terms and conditions. When comparing LimeFx vs Interactive Brokers, for example, the broker comes out on top in terms of options pricing. On the downside, to manage all of these from the same interface, a trader will need to use a third-party application. Just choose the course level that you’re most interested in and get started on the right path now.
Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes. ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting. It also offers connectivity to key exchanges in Canada, Mexico, andEurope. However, some account types, such as the Forex ECN account, have higher minimum deposits (£200 in this case). LimeFx offers a range of trading platforms to support the needs of investors with varying abilities and trading volumes.