Trading fees with this broker are low compared to competitors. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies.
- Completing this short overview of QTrader, let us say that CQG Incorporated, as a company producing software for trading at the exchange, was established in 1980.
- LimeFx is also a member of theInvestor Compensation Fund.
- The broker decided to reorganize the account structure and now it is impossible to open a Single Trading Account, although open positions are still supported on them.
- Technically, the call is supported by Zingaya, the call quality is good and the competence of the managers of the support team is high.
- You will need to spend a little bit of time getting to know where everything is.
For long-term investment, many professional traders choose trading towards positive swaps. To begin with, below is a table of the broker’s commissions on each market, excluding exchange and clearing fees. Then, we will use examples to see how beneficial they are compared to other brokers. To help understand LimeFx commissions on each available market better and unify information, we will calculate the size of the commission on each market, using real examples. For example, we will calculate how much a trader will have to pay for a USD 5,000 lot.
Two-factor authentication is available, but not on all resources of the broker. By default, you can access your account using simplified login procedure without two-factor authentication. We estimated LimeFx commission https://limefx.name/ on the Forex market as very low. According to our analysis, the majority of LimeFx customers come from Russia and its neighbor countries. Asktraders is a free website that is supported by our advertising partners.
Indices trading on LimeFx
At the stock market, it could be a commission per share (NYSE, Nasdaq), or per trade (EURONEXT, LSE) On the Forex market, the broker charges a low fixed commission per lot. The company offers special conditions for investment portfolios. LimeFx offers its customers an impressive choice of trading instruments at several dozen exchanges of the U.S., Asia, Russia, and EU.
A Sophisticated & High-End, Yet Simple to Use Trading Platform
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While LimeFx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into LimeFx’s offerings, evaluate the platform based on your goals and preferences.
After you sign up, you can use the LimeFx login page to start investing with simulated funds. This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. LimeFx offer professional customer support 24/7 via online chat, telephone and email.
Commissions
The third step is Account Settings, where you specify the account type, security word, and set up leverage. MT5 Global account is the successor of the one earlier called Single Trading Account. The broker decided to reorganize the account structure and now it is impossible to open a Single Trading Account, although open positions are still supported on them. In order to open a real account of Forex Standard type, USD 100 is enough. Robo-advisor service from LimeFx strongly resembles the one offered by Swissquote Bank, which we are using for comparison in this review. The list of coins available on J2t is on the screenshot below (also support of Stellar XLM was announced).
Pros & cons of LimeFx
The final figures specified in the table include the spread and all commissions and fees charged by LimeFx and Swissquote. LimeFx also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms. Our review is nonetheless alive to the fact that the LimeFx platform doesn’t have an integrated mutual funds limefx reviews screener. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders. It offershigh-speed execution, customizable interfaces, and a wide range of orderrouting options (including DMA, dark pools, market makers, etc.). The Forex demo account at LimeFx isdesigned for traders who are new to forex markets.
ECN accounts incur a 2.25% to 3% commission; Trustly and UnionPay are free to use. As for speed, most transfers are instant, with bank wire taking 2-5 business days. The brokerage also provides access to several third-party platforms, including Sterling Trader Pro, CQG, ROX, and the iBroker mobile app, with access to demo versions.