The broker is headquartered in Cyprus and isregulated by the Cyprus Securities andExchange Commission (CySEC). The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make LimeFx a perfect broker for an elevated trading experience. For those inclined toward commodities, LimeFx provides a diverse asset range, including agricultural and non-agricultural securities.
Payment methods
The procedure of opening an account is performed fully online. It is green and can be found at the top of LimeFx.online website. Robo-advisor is a service for automatic composition of an investment portfolio. J2TX is a young online platform with a multitude of functions. Legally, it belongs to Just 2 Trade Online LTD with the license in Cyprus. In addition to the standard BTC, ETH, XRP and other coins, we’d also like to point to JT2X Dividend Token.
Recent LimeFx User Reviews
However, if you’re already an experienced trader who wants to diversify their assets as much as possible, unfortunately, you won’t be able to do so on J2T CryptoExchange. The transaction fee might not tell you that, though – at 0,35% per transaction, it might seem mediocre, at best. However, this is where you should make sure to read the small print – it’s 0,35%, FLAT! What this means is that the fee is fixed, and won’t be changing around due to some trading volume or any other circumstance. Type “LimeFx online LTD CySEC” into Google, and the broker’s accreditation will appear.
Broker Overview
Also, you need to specify the type of the account you want to open. Please note that you can open any type of account during registration, and then, in your personal account, you can open a different type of account, if necessary. Citizens of other countries can also open accounts on LimeFx provided that the broker complies with the laws and regulations of such countries. There is exhaustive information about the restrictions on the website of the Cyprus regulator, as the source. At the time when this review was being prepared, citizens of 30 European countries could open an account with the broker. The low minimum deposit is the broker’s advantage over such competitors as Swissquote.
Where Can I Read LimeFx User Reviews?
However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500. And for a pattern day-trading account, no surprise here, the minimum is $25,000. For example, MT5 is protected using data encryption, server authentication and more. Personal account security on LimeFx is strengthened by two-factor authentication (2FA). The broker can also restrict account access if it believes security has been breached.
STOCK TRADING SERVICE
- Our partners cannot influence our reviews, nor can they pay us to bias our rankings.
- Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
- The procedure of opening an account is performed fully online.
- At the time this article was being written (end of 2020), the Trading signals service essentially meant email notifications about potentially profitable opportunities on the financial markets.
- In addition, customer support agents are available 24/7 in case you have any questions.
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. For better understanding, let’s see how much a trader will have to pay for a $5,000 lot of US, UK and German stocks on the platforms of LimeFx, Degiro and Swissquote. A smart broker with a low initial deposit and the ability to integrate third-party trading programs through the Open API.
Each day we have several live streamers showing you the ropes, and talking the community though the action. We could charge more, but we have a pay it forward, give back mentality. We want to feel good about what we do, and the results and reviews speak for themselves. Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures.
Crypto, on the other hand, is active 24/7 due to its decentralised nature. In addition, professional traders can benefit from a bonus of up to £2,000 when https://limefx.name/ topping up funds in their accounts. Credit card withdrawals usually take 5-10 minutes, though some other withdrawal methods can take up to three days.
On the other hand, there’s a 2 USD commission per traded lot per side. The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities. limefx forex broker Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.
For 10 months of cooperation with this company, my deposit has doubled! Overall, LimeFx is an appealingchoice for traders looking for a reputable broker with a diverse asset rangeand several platform options. The CyprusSecurities and Exchange Commission (CySEC) regulates the broker (license number281/15). LimeFx follows theEuropean Securities and Markets Authority’s (ESMA) regulatory framework andparticipates in the Investor Compensation Fund. These regulatory associationsprovide monitoring and potential protection for traders’ funds.