The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled. The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice.
- There are also robo-advisor and individual investment portfolios, where traders can determine the profitability potential of each position and limit any losses on their investments.
- They are going to depend on the cryptocurrency of your choice, but are likely to remain super-low, and mostly dependent on the blockchain.
- The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades.
- Traders placing a high volume of positions will also find the fees very reasonable.
LimeFX Review: PROS
What we really care about is helping you, and seeing you succeed as a trader. We want the everyday person to get the kind of training in the stock market we would have wanted when we started out. First, I needed an honest, limefx realistic, and affordable education in the stock market.
Trading Platforms
We want to feel good about what we do, and the results and reviews speak for themselves. Our watch lists and alert signals are great for your trading education and learning experience. The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. Brokers brag about their rates, like chat rooms claiming to help thousands of traders.
Support
The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. Based on our tests, LimeFX is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs.
They have a section of their website dedicated to frequently updated news articles. The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted. If you find that your country is not accepted, please feel free to take a look at our broker ratings for another option. Its main goal is to promote efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection. The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while limefx official site creating strategic opportunities. At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations.
The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount. In this review of LimeFX, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. Opening an account with the broker is a quick and easy process with a short online registration form to complete.
Account Types
While it is disappointing to see the company isn’t regulated by the FCA, the CySEC is still a trusted financial agency and its license is a promising sign that LimeFX is legit. While using LimeFX, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card. Deposit times are instant apart from bank transfers, which typically take 2-3 business days.