They are usually used as an indicator of the relative performance of different investments and to highlight growth opportunities. Trading indices are used in all kinds of investment vehicles, such as mutual funds or retirement plans. They can also be used to measure the performance of individual stocks in the stock market. There are no deposit fees; however, some withdrawals are subject to internal charges, as well as third-party processing fees. To maintain the security of all transactions, the MT4 platform uses 128-bit encrypted connections to transport data contained between servers. LimeFx also provides expanded security techniques based on public-key cryptography, which should deter fraudsters.
Platforms & Tools
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. With LimeFx, traders can trade Forex, crypto, indices, metals, and energies.
Trading App
The Vanuatu Financial Services Commission (VFSC) provides LimeFx with a competitive regulatory environment for international clients. EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC). The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000. Client deposits remain segregated from corporate funds at both entities with leading international banks, but LimeFx does not list them. Clients can find the provision in the Investment Services General Conditions PDF.
Advanced Risk Management
There are no fees involved in the LimeFx withdrawal methods, and you can withdraw money with ease. The minimum withdrawable amount is 50 dollars for ECN XL and ECN Standard accounts. They offer calculators, quotations, trading hours, and other tools to assist traders in managing their deals. LimeFx seeks to provide a useful toolkit that helps you succeed in the trading market, from identifying trends and market opportunities to managing risk.
Reliability & Security
Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and LimeFx is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. LimeFx lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders.
What for is Swap Free Account?
I can picture my collaboration with the broker is mostly positive for me. There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. LimeFx does not have a proprietary mobile app, though MT4 can be downloaded to Android and Apple devices.
24 NHL Trade Tracker
- As brokers are well aware, one of the most significant aspects of a trade is the money you don’t have to spend.
- In addition, LimeFx maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks.
- If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.
- The LimeFx loyalty program offers its members lucrative bonuses and benefits.
- The potential for stop loss hunting or spread widening is meticulously eliminated.
- For example, if you buy the AUD/JPY currency pair and the interest rate of the Australian dollar is 1.5% and that of the Japanese yen is 0.5%, you will earn 1% rollover.
LimeFx has a clean regulatory track record and established itself as a secure and trustworthy broker. LimeFx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing. Founded in 2010 by a group of forex market professionals, limefx official site Forex Central Clearing Corp. (LimeFx) decided to build on their vast market experience to become the most customer centric forex broker in the business. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. Users will like their experience with this broker because it charges very few fees.
Each of these elements interweaves to form a robust tapestry of security, reflecting our unwavering resolve to protect our clients’ assets and interests. LimeFx’s philosophy is rooted in a commitment to transparency, security, and https://limefx.vip/ regulatory compliance. This model eliminates the possibilities of price or spread manipulations and assures no conflicting interests between LimeFx and our valued clients, ensuring a transparent, unadulterated trading milieu.
There are over seventy Forex pairs across minors, majors, and exotics, and the currency pairs offered start at 0 pips with a maximum leverage depending on regulation. Indices include the US Wall Street 30, US 500, US Tech 100, and other indices from Germany, Spain, France, Switzerland, Hong Kong, Japan, and Australia. As aforementioned, there are no commission or deposit fees required with this broker. As far as investor features go, traders will find a lot offered, including a wide range of products, the MetaTrader 4 platform, Forex tools, and Forex offers. Necessarily real-time updates, new strategies, good spreads, automated trading are highly regarded among users. Accounts with LimeFx broker provide services of really good trading conditions, and the services of LimeFx offer good news over a certain period.
This broker provides a wealth of training tools, many of which are fundamental in nature, such as tips on how to read Forex charting and learn the Forex market step-by-step. Many evaluations will tell you which direction the winds are blowing in the global commercial industry. Under the LimeFx “Education & Research” tab, you’ll also find a Forex e-book and an instructional glossary.
A cryptocurrency is a medium of exchange like normal money but can also be used as a form of payment without involving any middleman or a central authority like banks. The boundaries between virtual and physical worlds are blurring with the entry of cryptocurrencies. LimeFx maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution. 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 ECN XL account.
Several factors affect forex swap rates, including central bank policies, economic indicators, market sentiment, and geopolitical events. Traders should stay updated on these factors because they can affect interest rate differences and, in turn, swap charges. Forex swaps are calculated based on the interest rate differences between the currencies being traded and are typically shown in pips. These rates are applied to open positions at the end of each trading day and can greatly affect your overall trading costs, particularly if you tend to hold positions overnight. There is no standard withdrawal fee because each platform has its own policy regarding this matter. It all depends on what they perceive as the risk of losing their customers’ money with them.
This approach guarantees unmatched transparency and eliminates any conflicts of interest. LimeFx’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies. Every client at LimeFx is bestowed with identical trading conditions, ensuring immediate execution of all trades with zero delays or re-quotes. The alignment of LimeFx with client trades facilitates counter-party executions, showcasing LimeFx’s unwavering commitment to client interests, making it a reliable ally for traders. The overall trading environment at LimeFx features a low cost structure and competitive asset selection, .
Customer support is very important for new traders, and LimeFx offers it in the form of 24-hour customer service that runs five days a week. These customer service agents will help you figure out any issue you have. Regulated by CySEC, LimeFx provides clients with access to a liquid Forex model (ECN). All of its clients receive the same access, and all trades are executed immediately, with no delays or re-quotes. The broker doesn’t take the other side of trades, which differentiates it from Dealing Desk brokers. Client orders, stops, limits, and trades are executed with counter-parties, meaning LimeFx is firmly on the client’s side.