There is one exception where you may invest in physical stocks directly, commission free and with credits for dividends. Once you log in to your account, click withdrawal and select the payment method you want, then select the amount you want to cash out from your account. If there are no trading activities or no transactions for at least 6 months, the account will be considered dormant. LimeFx demo account enables you to practice your trading strategy or to get familiar with the trading interface.
- LimeFx also provides free services such as Autochartist and premium trading tools.
- Depending on the trading strategy, it may become the most significant fee per trade.
- Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we’ve determined that, overall, FxPro ranks more highly than LimeFx.
The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality. Some assets are unavailable for trading, depending on the LimeFx entity. Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity. Upon opening the LimeFx demo account you can start with a virtual balance of up to $100,000 while also installing and trying EAs as we have explained in our LimeFx demo account guide. Additionally, the LimeFx withdrawal method must be the same used for depositing funds. For more information about this topic, you can have a look at our LimeFx minimum deposit article.
LimeFx Cent Account
Not every account or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if you’re considering taking up a bonus offer. Interestingly, LimeFx also offers 1800 physical shares but only for clients based in Europe, the https://limefx.group/ UAE and other countries outside the UK and South Africa. There are no commission costs and you can even buy fractional shares for $5. Should shares CFD shares be your preferred trading instrument, LimeFx offers a total of 96 shares to choose from with MT4 and 846 with MT5.
I found the navigation bar particularly easy to use, with simple switching between functions. The charts are also customizable with the option of three different styles and nine timeframes. You can also add four popular technical indicators including RSI and MACD. Our team was also pleased to see that all additional premium tools, such as Autochartist, are available for free. I found the account registration thorough, including a multiple-choice questionnaire to test my trading knowledge. If you do need to get in contact with the support team, you will find them readily available in English through live chat, email, or phone.
There are multiple ways to fund trading accounts supported by LimeFx. Besides broker issue its very own LimeFx MasterCard for a straight transaction and the ability to make safe online payments. However, according to applicable laws and regulations, the conditions vary from one entity to another, see our snapshot of LimeFx licenses below. For the funds protection, which is an important part of the regulated broker, HF Markets (Europe) Ltd. is a member of the Cyprus Investor Compensation Fund. It constitutes a claim of the covered clients against investment firms. Clients’ deposits are protected under the requirements of the regulators.
Is LimeFx an ECN broker?
You can follow multiple traders at the same time, set a rescue level to protect your capital, and withdraw profits without restrictions. Additional revenue comes from services like VPS hosting, which requires limefx review separate payment until you deposit over $400. LimeFx also provides free services such as Autochartist and premium trading tools. Additionally, both PAMM account types offer an islamic swap-free option.
Therefore, inactivity fees will not be charged in case your balance is less than 5 USD. Click “register” and an email will be sent to you with the activation link. After that, you will be redirected back to the LimeFx website to complete the registration process.
It’s also a good idea to master your strategy on a demo account before switching to a live account. LimeFx offers a reasonably in-depth educational platform suited for reasonably new traders. Or, you can choose to withdraw to a crypto account, or e-wallet such as Skrill or BitPay for a much quicker withdrawal.
No, the only LimeFx demo accounts available are the Cent, Zero, Premium and Pro accounts. LimeFx withdrawals are secure, but can be quite slow requiring up to 10 business days to get through. However, if you withdraw money with Skrill or Neteller, the withdrawal is instant.
WHAT DID OUR TRADERS THINK AFTER REVIEWING THE KEY CRITERIA?
The account also comes with an Islamic swap-free option, accommodating a range of trading preferences and needs. At LimeFx you can find over 50 Forex pairs and 500 CFD assets, including metals, energies, indices, stocks, commodities, bonds, ETFs, and cryptos. Forex spreads start from 0 pips and there’s a $6/lot round turn commission. LimeFx excels in Forex trading, offering a broad range of over 50 Forex pairs with competitive conditions like low spreads and reasonable commissions. It’s also suitable for day trading and scalping, providing favourable spreads and fast execution times.
Yes, LimeFx offers several bonuses and promotional offers to its traders outside the EU, the UK and Australia. When it comes to withdrawal fees, LimeFx does not charge any fees on withdrawals except for a 1% commission when using BitPay. LimeFx (and all the HF Markets Group entities) ensures client funds’ protection through segregated bank accounts, safeguarding them in case of broker insolvency or bankruptcy. Education is another strong point of LimeFx since the broker concentrates and puts efforts on Africa and Asia regions so its allows various traders to join in. However and unless you trading through swap-free accounts designed to traders following Sharia rules, as these accounts restricted from any interest rates or swaps.