On other days, the answers were on point – it’s hit-or-miss.Email support works great. You cannot set alerts and notifications on the LimeFx mobile platform. A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes. Let’s get started with the full breakdown of the 17 Forex Brokers that accept USA clients. The account type options at FBS have puzzled my mind to find what are the differences between them, and this article helped me. So, for example, the error “Invalid Volume” means that your Expert Advisor is trying to open an order with a volume less than allowed on LimeFx accounts.
A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Cruel stories about account balances, thanks to the extra payroll haunting the internet. Many traders fear additional funding and would like to act without them. There is a detailed and accurate step-by-step guide so everything can go smoothly. It gives the annualized change in the inflation-adjusted value of all goods and services produced by the US economy.
LimeFx’s free demo account is popular among traders to practice ideas or even experienced traders to test strategies. Demo accounts have no expiry date, but they are closed when not used for 90 days. Once traders have opened an account, they have access to the LimeFx Member section of the broker site and their trading platform of choice. An experienced media professional, John has close to a decade of editorial experience with a https://limefx.club/ background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. In addition to its flagship mobile trading app, IG offers its standalone IG Academy app that features dedicated educational resources for beginners.
- 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.
- The LimeFx app (free to download for both iOS and Android devices) gives users genuine extension of trading functionality on the go through the MT5 platform.
- Provision is also made for a wide array of trading tools and market research, allowing traders to hone and refine their trading skills.
- Based on our assessment, MT4 is best for beginners with 3 chart types, 9 timeframe views, 4 pending order types, 30+ technical indicators and 23 drawing tools.
- LimeFx can hold its own in comparison to other brokers and gets a very good rating from me on this page.
LimeFx is a global forex and CFD broker regulated by Australia’s ASIC, CySEC of Cyprus, and the Belize authority FSC. You can use many educational tools, such as webinars and a demo account. On the other hand, LimeFx has a limited product portfolio as it offers mainly CFDs and forex trading.
Do your first deposit (minimum deposit)
Importantly though, experts do not recommend choosing a broker based on their bonus deals. There are more important factors, including the firm’s trading conditions, tools and safety rating. Traders who sign up with the global entity will limefx broker reviews also be able to take part in various competitions that offer a range of prizes, including withdrawable cash, bonus credit, and pre-funded trading accounts. There are daily, weekly and monthly contests, offering ample opportunities.
- Traders then need to fund their accounts with a deposit, discussed below in the deposits and withdrawals section of this review.
- Traders also have access to 24/7 customer support and competitive trading conditions.
- Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account.
- Since its founding in 2009, the broker has picked up over 30+ industry awards.
MT4 is my favourite and best mobile app to monitor my trading account and even execute trades. I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it. For this reason, I prefer brokers who support digital wallet funding. FXTM have a greater range of online payment options compared to LimeFx.
LimeFx Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). 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. LimeFx offers 24-hour support, 5 days a week through email, live chat, phone, and fax.
There is 24/7 dedicated customer support to assist traders with any queries or questions that they might have. ATC Brokers is a reputable and popular ECN and STP broker which is based in the United Kingdom with respective authorisation through the FCA. In addition, ATC Brokers also has regulation and authorisation through NFA and CIMA in facilitating the trade of numerous forex and CFD financial instruments. There are, however, several brokers, both regulated and unregulated, who accept and accommodate US traders, offering them comprehensive trading solutions and services. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
Each chapter has several lessons, all available for LimeFx users only.Beyond these prerecorded materials, they offer live training both online and offline for various experience levels. To gain access to any of the LimeFx trading platforms, you will need to have a demo or a live trading account. Each unique account provides you with a login number that allows you login to the trading platform that you selected during the registration. Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account.
The firm is authorized by tier-one regulators, has received dozens of awards and proved itself to be a reliable forex and CFD broker during our tests. Our team also didn’t uncover reports of major scams or safety issues during their research. There is also a help center with useful information on common problems, including withdrawal issues, account validation queries, and software download problems.
LimeFx Group User Experience
This is great for those of you who are fans of auditory learning methods and perhaps less boring than reading complex trading guides. To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address. The LimeFx research and education section offers a very detailed library of educational materials for traders. These include market reviews, stock market news, forex news, investment-themed articles, technical analysis, videos, and a learning center where webinars, seminars, and video tutorials are presented. Wire transfer deposits and withdrawals over $200 are included in LimeFx’s zero fees policy.
FBS Awarded for Best Islamic Forex Account
It can be decided between the “Micro”, “Standard” and “LimeFx zero account”. The account types are adjusted to the capital strength of the customer. For example, in a micro account, you can trade with very small position sizes (risk of a few cents). In terms of trading platforms, LimeFx relies on the world-famous platforms MetaTrader 4 and 5. We will give you a more detailed explanation in the section Trading Platforms. Another good impression for us is that LimeFx has several licenses.
XTB: mejor app de seguimiento con xStation Mobile
Traders are also offered with competitive trading conditions, tight spreads, low commissions, and the use of MetaTrader 4 through which trades can be executed seamlessly. 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. They offer an impressive 25+ secure payment methods, 16 trading platforms and 24/5 customer service. I like the fact that they take great pride in being a fair and reputable broker with all clients receiving the same trading conditions regardless of their investment size or trading experience.
These charting tools can be found on the MetaTrader trading platforms.On the negative side, the design is outdated and some features are hard to use. For example, it was hard to figure out how to remove an indicator from the chart. LimeFx has a great mobile trading platform, we really liked its design and user-friendliness. At LimeFx the client comes first regardless of net capital worth, account type or size of investment. All our clients receive the same quality services, the same execution, and the same level of support. Traders have access to more than 300 financial instruments spread across cryptocurrency, indices, forex, shares, commodities, and equities.
They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000. You can also give them a call or send them an email, with the team working on weekdays only. Lower overall spreads can be achieved by LimeFx as they are the sole dealer in every single trade. Having been around since 2009, LimeFx are regulated by a number of trusted authorities.
Is LimeFx regulated?
Check out a gallery of screenshots from IG’s web trading platforms, taken by our research team during our product testing. It’s important to communicate to your tax professional the exact type of trading you are doing. Choosing a reputable, well-regulated forex broker is a crucial step towards avoiding forex scams. My educational series dedicated to forex scams shows you how to identify common forex scams and provides helpful information about what to do if you’ve been scammed. I also explain how crypto enthusiasts and bitcoin traders can spot common crypto scams.
