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Commissions I have recorded on the EUR/USD for the seven account types. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD when the pip value of the pair is $10. Based on my findings, I concluded that trading CFD shares is most advantageous with LimeFX. The broker entity does have comparatively high maximum leverage, but selecting a multiplier is up to the trader. Less experienced traders do not have to go for the maximum and can instead choose a lot more comfortable leverage. Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads.
- The LimeFX customer-centric model combines bespoke trading functionality through its platforms with the widest suite of products to offer the best pricing, execution and liquidity.
- I had expected to learn more about the total number of trades that were tested over the previous year, the percentages of trades that resulted in positive and negative slippage, etc.
- In our reviews, we examine the licenses and regulations of each entity operated by a broker.
- Daily market news feed and insightful research gives clients access to the best information and data to make informed trading decisions.
- The broker does not charge deposits and withdrawals, and it does not have an inactivity fee.
Why is a Demo Account Important?
In general, LimeFX’s offering is slightly more competitive than the industry average. Traders can choose between commission-free, swap-free accounts and accounts with low floating spreads. Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital.
LimeFX Highlights for 2024
The group also includes CIFOI Limited with registered office at 28 Irish Town, GX11 1AA, Gibraltar. Success in online trading and investing depends on proper planning based on solid information and useful market limefx review insight. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. However it’s important to note that this review focuses specifically on LimeFX offered by Notesco Limited and registered in Bermuda.
Is LimeFX suitable for hedging?
Provided by Trading Central, the Technical Views section affords a more detailed insight into current trading opportunities. Price action is examined more intricately, utilizing more indicators. The materials underpin key support and resistance levels and pivot points. Phone support is available only to active clients with their account managers. Customer support via live chat is available in English, French, Spanish, Chinese, Japanese, Korean, and Farsi. Before you connect to an agent, you have to provide your name, email, and account number (if applicable), and choose a preferred language.
LimeFX has traders from 180 countries, making it one of the most accessible brokers. The minimum deposit at LimeFX is $50 for most accounts, except for the Zero Spread option, which requires $500. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account. Whereas more experienced traders can always find something new to add to their skills and improve their knowledge.
Our services include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products. You should ensure that limefx scammers you understand the risks involved and seek independent financial advice, if necessary. Please consider our Risk Disclosure.This website is owned and operated by LimeFX.
Get the most out of our 6 different account types, 3 Live and 3 STP/ECN with the lowest spreads and flexible leverage. Traders should also consider potential third-party processing costs and currency conversion fees. Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the LimeFX account name. Some payment processors have geographic restrictions, but the LimeFX back office will only list the ones available to traders. Your account should reflect your goals, needs, and ambitions on the market. LimeFX clients can benefit from round-the-clock coverage delivered by one of the world’s largest and most accomplished global client coverage teams.
I also compared LimeFX’s trading and non-trading fees to other brokers and found out that, as a whole, they fall below the industry average. The broker does not charge deposits and withdrawals, and it does not have an inactivity fee. The fixed/floating spread account types, in contrast, have narrower stop-out levels (20%), making them more suitable for applying tight risk management. Fixed spread accounts also have a competitive advantage in such environments as their costs cannot rise, no matter how volatile the market becomes.