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Your account does not appear to have any open positions and the remaining balance will be sent to the original source of funding. As a result of a recent quality control review of your account activity, we determined limefx website we are no longer in a position to continue extending our services to you. LimeFX has disabled the investor password option and will not allow charts from their MT4 to be transmitted to myfxbook.
This selection is based on objective factors such as products offered, client profile, fee structure, etc. In the sections below, you will find the most relevant fees of LimeFX for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. We do not trade against our clients and hope that our traders make a profit and continue to trade on us. LimeFX is a heavily regulated firm in the United States and follow all regulations that are in our clients’ best interest. In case you would choose to use known MetaTrader4, the platform has also been enhanced with integrated pattern software and other highly developed trading tools, using the market execution method.
This account offers reduced spreads and charges a commission of $5 per 100K traded. It is a better option for medium to high volume and expert traders who wish to benefit from LimeFX’s Active Trader program. LimeFX trading platform has a transparent pricing system.
They have designed their trading layout in a way that would allow the traders to customize their trades and enjoy precise, fast charts of every asset or pair they select. LimeFX is considered one of the best brokers simply because they do not target a particular market or community, creating diversity in everything they bring to the trading community. They have a lot of markets available, each with a good number of assets that you can trade individually. Unlike other FX brokers that offer a meager variety of deposit methods or offer methods that are not readily available worldwide, LimeFX provides global payment solutions for their users.
For both US and Australian Dollars, the short rollover rate is, according to the site at the time of writing, – 0.6, and the long rollover rate is -0.99. The platforms available here are obviously terrific and we have enjoyed analyzing every single one of them. Which LimeFX open account is right for you depends on a lot of different factors. https://limefx.club/ What sets LimeFX USA apart though is that you have the ability to choose across such a wide range. All kinds of deposits, whether they are credit/debit card deposits, wire transfers, or e-wallets, are free. These are fun features under this section that allows you to familiarize yourself with jargons used in trading and test your knowledge.
You are talking about your will/policy but misleading that it is your regulator’s will. A pioneer in online forex trading, GAIN Capital operates LimeFX®, one of the largest and best-known brands in the retail forex industry. GAIN’s other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer. In addition to the incredible educational opportunities LimeFX provides, you can apply everything you’ve learned by trading directly in the forex market.
Check out the current account balance requirements at LimeFX in our What is the minimum account balance at LimeFX article. Our ultimate guide to the LimeFX minimum deposit is updated regularly. Yes, it is regulated by several financial authorities globally, such as the UK’s Financial Conduct Authority , and the Commodity Futures Trading Commission and National Futures Association in the US. LimeFX also provideswebinars, which is a great platform for asking trading professionals directly. The alert function lets you know when an asset reaches a price target. You also get a notification when your orders get fulfilled.
This company closed my account without an explanation after 14 years
In terms of costs and fees, all of the small futures move in 0.01 increments that equal $1. You can find detailed and charted examples on the LimeFX website to help you better understand how it works. We’ve discussed some financial information earlier in this review.
Even if you have a low amount to start trading with, you can increase it with margin trading for better profits. You need to fulfill some requirements before you can margin trade on the platform. LimeFX accepts credit and debit cards, direct bank deposits, international wire transfers, and even some e-wallets like Skrill, Neteller, or PayPal, depending on the region you are living in. The quickest methods are credit or debit card deposits, as your transaction will be instant and you will be able to start trading on the platform right away.
LimeFX is closing The Account I’ve had with them since 2008!
You should be able to speak to a service representative on the telephone and he should not apply sales pressure. Ideally, you should be able to visit the premises of your broker and look around, although obviously this is not always possible. Those clerks busily churning out account statements could be churning out falsified ones. Non-trading/Other fees.Any form of fee for trading on this platform not covered above. For example, a brokerage might charge you for making deposits into your brokerage account, taking money out of it or signing up for additional services. Traders can practice their trading on LimeFX’s practice account that’s available on the trading platform, or on a demo account that’s available on MT4; both of which are good options.
GFT is located in the UK and is a worldwide pioneer in online trading. The main USP of futures trading with LimeFX is being able to trade through the Small Exchange. Effectively, this makes futures more accessible and simpler for more casual investors.
Deposit and withdrawal
Nevertheless, investors who are interested in this asset class should give it a look. We sincerely regret that your withdrawal experience has been less than satisfactory. U.S. traders are offered 83 LimeFX products, and their assets are limited to mainly foreign currencies. U.S. traders also do not have the option of trading crypto-currencies. Fees vary depending on your account option but standard accounts charge spread-based fees that are higher than competitors. LimeFX’s platforms are excellent across the board and will enable traders to excel with their advanced tools and functions.
- As a result, when you trade currencies you will often have to exchange the base currency in your account (for example, U.S. dollars) into one of the currencies in the swap.
- Typically, we do not need more than one bank statement issued within the last six months, and once received, the withdrawal is processed.
- Lastly, its global liquidity plan serves as an external revolving credit facility.
It was hard to navigate the platform and it felt too crammed with functions. The LimeFX mobile app is user-friendly and well designed.However, features were sometimes quite slow to load. The stock index CFD fees are low, while stock CFD fees are high.
There are no charges or any fees on debit and credit card deposits or bank transfers, there are also no charges to withdraw funds, which is indeed a pleasant addition to overall money management. LimeFX as a trading name and a part of GAIN Capital Holdings Inc which is a publicly-traded company providing online trading solutions. Signal sellers are companies that offer suggestions about the best time to buy and sell currencies based on what they say is market analysis. LimeFX is a solid choice for investors who want a dedicated foreign currency trading tool. Despite some primarily aesthetic design flaws, this is a data-rich trading platform that will accomplish most of what you need in this unusual space. The overall design and responsiveness of LimeFX is clunky.
LimeFX Opening an Acoount
The leverage offered depends on your account type and activity. LimeFX offers a margin calculator on their site to help you figure out how much leverage you can get. Its fees are competitive overall and the broker generates most of its revenue from spreads. The products and services available to you at LimeFX will depend on your location, and on which of its regulated entities holds your account. Note that the content on this site should not be considered LimeFX advice. This site is not intended for use in jurisdictions in which the trading or LimeFXs described are prohibited and should only be used by such persons and in such ways as are legally permitted.
Comparebrokers.co needs to review the security of your connection before proceeding. I recovered 80% of my lost funds thanks to scamrecoup, c om. Stay vigilant and don’t just trust any broker with doing your research. LimeFX’s native news tool makes it easy to filter your news by currency. To find a currency pair using LimeFX’s web platform, just type it into the search bar. Bids and ask rates are laid out clearly and update every few seconds to give you the most accurate quotes possible.
- To find a currency pair using LimeFX’s web platform, just type it into the search bar.
- Once more, that broker is dangerous, I’m facing problems with them, and now…
- LimeFX’s margin requirements also differ according to the platform used (LimeFX or MetaTrader), market, asset class, and position size.
- VPS hosting is available, but unfortunately only for MT5 accounts, ignoring the market leading MT4 trading platform.
- The software in legitimate forex robots can be tested and reviewed by an independent body to make sure it works.
As soon as I go back to my live account, I started losing money again.. And went back to my demo account for a couple of months and the outcome was outstanding.. 4- manipulation of bid-ask- spread to steal money from clients. Entering a stop-loss order will automatically close out your trading position if the market reaches a predetermined level that is worse than where it currently trades.
Futures Markets & Trading Places
The standard account is only available with the MT4 platform. This account offers several benefits, such as higher competitive spreads, faster trades, and zero commission. It is the best option for novice traders who want to leverage market-maker execution and higher spreads. LimeFX is designed for both beginners and high-volume traders.