After you open an account, you cannot change the base currency, but it is possible to open an additional account in a different currency. On LimeFx, you can open an account in one of three currencies – EUR, USD, RUB. If you perform transactions in other currencies, they will be automatically limefx website converted into the account currency. Personal account on LimeFx might not be considered to have the purest design or be as user friendly as possible, but its structure is quite intuitive. You will need to spend a little bit of time getting to know where everything is.
Then, the system will copy trades based on the original strategy to the customer’s account, charging a percentage as a commission for the strategy manager. The selection is impressive and it makes LimeFx stand out among the competitors. Degiro does not offer any similar products, while Swissquote only has Robo-Advisor (minimum 10,000 CHF) and Theme trading. The list of coins available on J2t is on the screenshot below (also support of Stellar XLM was announced). Trading and investment in crypto assets are a separate line and there is a dedicated domain for it j2tx.com, where you can conveniently buy cryptocurrency using a debit/credit card. The information about IPO is updated regularly on the website and the customers have access to purchase shares before they are in free circulation at the exchange.
At the time when this review was being prepared, citizens of 30 European countries could open an account with the broker. FX and МТ5 Investments are essentially a copy trading service, or investment in the so-called PAMM accounts. In the table below, we compared the broker’s instruments with the competitors, although some positions cannot be properly compared, as the brokers provide data in different formats. Also, we decided to analyze how beneficial it will be to hold marginal positions on different markets. As a reminder, a marginal position means that you purchase securities not only with your own money, but also borrow from the broker. We estimated the selection of investment products on LimeFx as excellent and the commissions as average in the market.
The SterlingTrader Pro platform is
truly the platform for professional traders. Used by proprietary trading firms
and active traders all over the world, Sterling Trader® Pro gives traders the
performance and functionality they need to compete in today’s markets. This is
the most widely used professional trading platform in the industry, with more
than 50 execution routes and venues including DMA, Dark liquidity providers,
Market Makers, Floor brokers, and Smart routes. LimeFx have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account.
The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the LimeFx website and seek independant advice. CQG is available in various different high-end terminals both for investors and for speculative traders.
Top 3 Forex Brokers
The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries. They cater for retail and institutional clients with the possibility of integrating third-party trading programs through an Open API. Our LimeFx broker review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.
- However, LimeFx lacks traditional filters and tools since it caters more to traders who do higher-volume trading.
- The benefit of CQG platform is that you can ‘link’ platforms of third-party developers to it to improve analysis and trading efficiency.
- The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled.
- Also, the broker allows the address registration stamp in a national passport as proof of residence.
- Overall, I feel that LimeFx are a really good broker with a vast range of trading products and services that can meet the demands of all traders.
- LimeFx also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms.
The brokerage was launched in 2006 in Washington DC by Success Trade Securities. LimeFx currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom. In this LimeFx broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness.
Deposit and withdrawals
Withdrawal requests are processed within 1-5 days depending on issuing bank. LimeFx offers its clients access to trade Forex, Stocks, Futures, Bonds, Metals, Options, and CFDs on Shares, Energy, Indices, and Cryptos. Based on our findings, for Forex instruments the brokerage commission equals $2 per lot and the margins from 2% and lower.
LimeFx Commission or Brokerage Charges – Review, Plans, FAQs & more
Moreover, this broker is also bound to follow the legal framework of the European Securities and Markets Authority (ESMA) and is also a member of the Investor Compensation Funds. This enables the broker to provide the best possible services to traders and investors worldwide. LimeFx offers a wide variety of trading instruments and asset classes for its customers. Traders can have multiple options from Forex, stocks, futures, bonds, CFD and even cryptocurrencies recently added to this list. The account opening procedure is very fast and straightforward when it comes to the LimeFx brokerage platform.
ELITE FX Review
I am impressed how by how they incorporate a high-speed trading infrastructure with ultra-modern 100G network covering Europe, America, Asia and Russia. This allows them to maximise order execution speeds, from 0.05 seconds. They offer direct access to the markets with competitive commissions, reliable execution and maximum liquidity from their liquidity providers (LPs). Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips.
A demo account is available to people with the LimeFx+ and Sterling Trader Pro. LimeFx+ is a browser-based platform that has some powerful features which are similar to level II data. 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. One of them is -trade schedule with equity transactions costing $2.50.
The medium it offers to deposit funds is- bank card, bank transfer, Skrill, Webmoney, Neteller, Unionpay. Similarly, to withdraw funds, the traders must have suitable withdrawal options to ensure instant funding and withdrawal of money as and when required. Forex ECN pro is the most superior account meant for seasoned experts that seizes commission charges of $5 per lot with a tight spread from 0.0 pips. However, the initial deposit amount of this account is higher than MT5 global and Forex and CFD standard accounts. In the Forex and CFD standard accounts, commission charges are not applicable. Also, traders always need to consider swap or rollover fees which may be charged for positions held open for longer than a day.
These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. Also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms. Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms. Our review is nonetheless alive to the fact that its platform doesn’t have an integrated mutual funds screener.
So here, we will put light on each of the investment assets that LimeFx offers to its users. LimeFx offers Currencies Trading, where you can trade in 47 currency pairs. LimeFx also offers partnership programs for institutional trading and for individuals who want to become introducing brokers (IB). Bank Wire Transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week.
LimeFx fees spread and commissions start from US Dollar 2 per lot with spreads from 0.0 pips. LimeFx delivers varieties of accounts depending upon the Traders’ financial requirements. A customer needs to have a minimum balance of $2500 to start trading. It allows investors https://limefx.vip/ to have access to markets without actually trading on their own. This might lead to the potential generation of revenue through investment fund management. It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal.
Trade with a Regulated Broker
This includes CQG Integrated Client, CQG Spreader, CQG QTrader, CQG Trader & CQG Desktop. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide. It is known for its user-friendly interface and implemented trading tools.