European regulators have taken a tougher stance on these types of promotions in recent years. Exchange and clearing fees may also apply to specific positions. In addition to commission and spreads, swap rates may apply for positions held overnight. These can be positive or negative, depending on the asset and whether it is a long or short position.
Customer support
I like the variety of payment methods supported by LimeFX, making the broker easy to use. We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market.
Steering Through The Financial Waters with Expertise
You get real-time streaming data and analysis and level limefx II market data. Also, the layout is customizable, with over a dozen widgets available to open or close anytime. For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows.
Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their scammed by limefx hands-on testing experience into broker ratings. We score and compare forex brokers in more than 15 categories. Based on our tests, LimeFX is an excellent broker for active forex traders.
Forex Tools
- UK investors can access a range of deposit methods to fund their LimeFX accounts, including traditional payment solutions and cryptos.
- We score and compare forex brokers in more than 15 categories.
- Investors on LimeFX can put money into investment funds that are managed by other users.
- The Robo-Advisor presents an alternative for long-term investors.
- To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.
Clients at LimeFX may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments. API trading is available for demanding traders with custom algorithmic trading solutions. However, some account types, such as the Forex ECN account, have higher minimum deposits (£200 in this case). Investors on LimeFX can put money into investment funds that are managed by other users. Clients must allocate a minimum of £100 to take advantage of this feature.
These simulation accounts are a great way for beginners to learn more about forex trading without financial risk. They also offer traders the chance to find out if the broker suits their strategy before committing funds. LimeFX ensures its traders have a robust set of tools at their disposal.
While using LimeFX, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker. LimeFX has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022.