LimeFX offers MT5 through its MT5 Global account, available indesktop, smartphone, and web app versions. The Forex demo account at LimeFX isdesigned for traders who are new to forex markets. It allows for practicetrading without risking real funds, offering a way to become familiar withtheir trading conditions. LimeFX offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. However, customer support isn’t limited to regular work hours.
From Monday to Thursday, 9-6 pm EST is the available time for customer support, and on Friday, the timing is 9 am to 5 pm EST. The second one gives protection to securities and the cash in the brokerage account up to $500000. LimeFX’s Cyprus SEC- Registered company allows non-US traders to open an account with them and enable spot trading in cryptocurrencies, CDFs. It usually takes five business days, along with an ACH activation form. However, higher ratios are available for professionals, thereby proving its efficiency and its status as a trusted trading platform. This browser-based platform has some powerful features which are similar to level II data.
Sterling Trader® Pro
It takes one entire business day for domestic wire transfers, given that the information provided is legit. The transferring of the fund in the case of non-US countries may take one to two business days. Transfer of funds through this account takes two to three dates (approximately). They require a holding period of five days before the availability of trading control is provided. It offers market and limits orders on close, and the time duration can be set today or for extended hours. LimeFX requests four different platforms, which include MetaTrader4 and MetaTrader5, CQG, and ROX.
As such we may earn a commision when you make a purchase after following a link from our website. Based on the user experience, the following rating and reviews are provided. As discussed already, the minimum balance for keeping an account open is $100. All these accounts have certain area restrictions and are accessible anywhere, excluding a few countries.
LimeFX has received Best Partnership Program 2021 award
- There are no minimum deposit or withdrawal limits for bank wire transfers.
- As the financial realm continues to evolve, so does the need for superior trading tools.
- Based on the user experience, the following rating and reviews are provided.
- Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for.
Stock traders will also find a suitable account, but let’s dive limefx company reviews deeper and uncover more details. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money.
Broker Overview
Their accounttypes are primarily distinguished by market access. They offer three forextrading account types, as well as a demo account. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based.
They also extend their reach to cater to queries during extended hours. With trading platforms compatible with Windows and Mac desktops, LimeFX ensures non-mobile traders have a comprehensive trading experience in the desktop environment. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type.
CQG Trading Platform has been inoperation for more than 35 years. It gives traders access to more than 40global exchanges and the assets that are traded on them. Clients of LimeFXmostly use CQG to trade options and limefx scammers futures. While the base desktop version ofthe CQG platform is free, additional features or upgrades may incurcharges. To use the CQG platform,LimeFX requires at least a $3,000 account balance.