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LimeFX Review Is LimeFX Safe? Features and Fees Explained

LimeFX review

As a trader, this range of compliant regulations allows a broker to build trust with you while keeping your trading safe and secure. Vantage’s fees are high in connection with CFDs, such as holding positions overnight. If an account is left dormant for any period, there is no inactivity fee charged by Vantage.

LimeFX review

That said, our LimeFX review also found that the platform offers swap-free accounts. These are aimed at traders that cannot pay interest for religious reasons. Swap-free accounts are also suitable for traders that keep positions open for longer periods. The Raw ECN account offers institutional-grade spreads, starting from 0.0 pips. I am new to all of this but have found the experience with Vantage easy to use.

Traders looking to get started with LimeFX can create an account in minutes using the platform’s fully-digital sign-up process. Once an account has been created, it’s effortless to trade the hundreds of CFDs the platform supports – without paying any commissions. After your account has been verified and you have funded https://limefx.group/ your account, you’re ready to begin trading. Click the ‘WebTrader’ button on LimeFX’ website (or download the mobile app) and log in using the credentials created in Step 1. In addition to the support options, LimeFX also has a dedicated ‘Help Centre’ that answers the most common questions traders ask.

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When combined, these elements offer clients a true institutional trading experience, across a wide range of trading instruments. They also offer services designed for both beginners and professionals with access to Forex ECN trading, as well as CFD trading on Indices, Commodities, and U.S & Hong Kong Shares. Those instruments are available to trade on MetaTrader 4, MetaTrader 5, MetaTrader WebTrader, CHARTS by TradingView, Mobile Apps, either for Mac, PC, iOS, or Android. There are also social trading platforms such as MyFXbook and Zulutrade. Vantage FX is a forex and CFD broker regulated by the Cayman Islands, Australian financial authorities and the Vanuatu Financial Services Commission.

  • Here you can fund your account, make changes to your profile, download terminals, get education, etc.
  • Bonds, ETFs, indices, cryptocurrencies, and commodities can be traded on a spread-only basis.
  • Before starting his career as a freelance writer, Jhonattan studied at the Universidad La Gran Columbia from which he graduated in 2019.
  • Additionally, Vantage offers a wide range of trading platforms and a variety of base currencies on its platform.

When trading non-forex assets, fees remain the same across all supported account types. First, the Cent account offers spreads from 0.0 pips and commissions of between $0 and $3. The commission varies depending on the pair being traded. LimeFX is also one of the best day trading platforms for cryptocurrencies. It supports dozens of markets, including some of the best cryptocurrencies to buy. Forex commissions on these accounts start from $1.50, $3, and $0, respectively.

LimeFX Customer Service

If you are a professional client using leverage, you could lose substantially more than your initial investment. For this reason, it’s important to study the market and develop a viable trading strategy before risking any of your own money. You may want to open a demo account with a broker like LimeFX before investing. LimeFX is an online broker specializing in forex and contracts for difference (CFD) trading. While accounts are not available in all countries, traders who do qualify for registration can choose between three account types and trade on nine different markets. Spreads are available from 0 pips, and the broker offers a completely free line of educational resources before registering for an account.

LimeFX review

There are no trading commissions to pay when trading US-listed stocks. LimeFX also lists stocks from the UK and European markets. All you need to know about the Vantage customer service. Vantage is a forex and CFD broker, regulated by the top-tier Australian financial authority ASIC, as well as the UK’s FCA.

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LimeFX processes withdrawals every business day during regular working hours. Within 24 hours, the withdrawal should be executed limefx reviews during the week. LimeFX is an international broker for Forex (currency pairs) and CFDs (Contracts for Difference).

In terms of fees, indices can be traded on a spread-only basis. This is minute, considering that currently, the S&p 500 is trading above 4,400 points. Our LimeFX review found that the platform has access to deep liquidity pools. This ensures that spreads remain competitive throughout the day. That said, during times of increased volatility, spreads can fluctuate more rapidly. The news feed, called Market Buzz, is a visually appealing interface that offers news analytics and sentiment indicators.

Non-trading fees

The customer support is available via

Email, Live chat, Office, Phone and Skype. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. It also offers its own proprietary Vantage app, which – despite the added distraction of in-app ads – shows real promise as a trading platform.

The Vantage platform provides institutional grade liquidity from the world’s largest banks and financial institutions directly into MT4 and MT5. This allows traders to have the absolute best bid and ask prices based on the available prices. Like many other brokers, LimeFX offers MetaTrader limefx reviews 4 and 5 as trading platforms. The MetaTrader has already been tested many times and is highly developed. Our tests and experiences confirm this because we like to use the MetaTrader ourselves. In the following section, we will introduce you to the features and functions of the trading platform.

LimeFX’ trading experience is top-notch, as clients have several ways in which they can trade. Forex traders will be glad to know that LimeFX has full support for MT4 and MT5 – a relatively rare feature in the trading industry. Standard features include negative balance protection. In other words, you cannot lose more than what you have deposited with the broker. You can also open segregated accounts, ensuring your money is safe in bankruptcy or insolvency.

Do note that while swap-free accounts do not attract overnight financing – wider spreads will be charged. Swap fees will be payable on all positions kept open overnight. This is a form of interest that is paid when trading leveraged CFDs. LimeFX supports hundreds of stocks from the NYSE and NASDAQ. This includes large caps like Tesla, Coca-Cola, and Apple.

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