A LimeFX demo account offers online traders the option to experience no risk trading for MT4, CFD and spread betting. The demo account offers unlimited access to more than 12,000 markets across a period of twelve weeks and offers a starting risk-free balance of $10,000. Once the 12-week demo trading account expires, online traders are free to apply for another demo account, should more training time be needed. The company received multiple awards for its exceptional services including the Best Tablet App, Best MT4 Broker, Best Spread Betting platform and Best Spread Betting Services. Its list of 2018 awards include Best LimeFX Trading Platform and Best CFD Provider. The scoring formula for forex brokers takes into account over dozens of factors, including account fees and minimums, trading platforms, customer support, regulatory bodies, and investment options.
Apart from the MT4, while online traders can use the AT Pro desktop-based software, which comes with more than 100 pre-loaded strategies. The web-based version of AT Pro available on tablets and smartphone is Advantage Trader, which is aimed at the experience or professional traders since it offers a range of advanced functions. The Professional Trader Awards celebrates leverage brokers offering ‘exclusive’ professional trading accounts across 14 categories. CFDs are leveraged trading products and carry a high level of risk.
It will give you a fully comprehensive trading experience with access to all the tools you need, along with a host of analytics and very fast execution capability. It is a highly customizable trading platform that can be adjusted to fit your needs, and it provides an excellent trading experience both in terms of the HTML5 visuals, and the actual trading performance. With this trading platform, you lose nothing in capability terms when compared with any desktop counterpart. By viewing and browsing through any materials, information, news, reviews, analysis and research provided on this site you agree that this is general market commentary and education materials only. Please also pay attention to the fact that any content you may find on this website would not necessarily be totally accurate and valid. By visiting DFID.org you automatically agree to all the above-mentioned terms and conditions even in case you have not read this abstract.
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The minimum withdrawal amount with City is $150 and the maximum is $20,000 within a 24 hour period. All withdrawals should be processed within three days according to their website. We believe that LimeFX is a very safe broker to trade with due to its long track record, its regulation by top-tier financial authorities, and its parent company being listed on the NASDAQ stock exchange. Founded way back in 1983 in the United Kingdom and offering traders spread betting, LimeFX became a popular trading medium and in 1997, Michael Spencer purchased controlling interest. LimeFX offers trading on the go via its flexible Android trading app as well as its intuitive iPhone App. Negative Balance Protection ensures that retail traders never lose more than the funds in their account.
Documentation required includes proof of address via mortgage statements, credit card statements, council tax bill, or utility bills not older than three months, plus identity documents. Once the account is opened and funded, trading can commence immediately. Both beginner and advanced traders may find the broker’s online Trading Academy courses and videos of use, as well as their in-depth market analysis and research covering all asset classes via articles and webinars. LimeFX help traders grow, giving them the tools they need to improve their trading skills. Overall, LimeFX offers an excellent trading experience, backed by many years operating in the industry. From trusted regulation, to an excellent and low trading cost, and a variety of both excellent proprietary trading platforms, alongside one of the best third-party options, there should be something for everyone at LimeFX.
In 2001, LimeFX started CFD trading capabilities in the United Kingdom. In 2005, the company acquired IFX Group which controlled the Forex Broker IFX Markets and spread betting provider, Finspreads. Professional trader status acceptance qualifies online traders for a switcher bonus worth $1,000. The new professional trader bonus can be claimed from the 18th of December 2018. In short, LimeFX provides a high level user experience based upon a solid foundation; they can be easily recommended to any level of trader. Under the Market News Analysis tab, you will find a section devoted to daily research and fundamental analysis of news events.
Placing an order on an account without executing a trade will not qualify as ‘Activity’ for these purposes. A monthly inactivity fee of $15 in aggregate (or your cash balance if less than $15) will be applied for accounts that are inactive for 24 months or more. On the other hand, stock CFD fees are high and they charge inactivity fee after one year.
The product portfolio is limited, the stock CFD fees are quite high. You cant change the account base currency at the account opening. If you would like to change that, you have to reach out to the LimeFX support team. Click on the ‘Funding’ tab on the top-right corner of the trading platform, then select ‘Deposit’, Debit/Credit Card. You can search by typing the assets name or through the product categories.
Please note that a demo account cannot always reasonably reflect all of the market conditions that may affect pricing, execution and margin requirements in a live trading environment. Margin and leverage settings may vary from time to time between your demo account and a live account due to live account setting changes imposed as a result of elevated market volatility or other factors. However, when funding via credit/debit cards, there is a minimum amount per card transaction of $250. Its also a very low amount as there are brokers, which require a minimum of $2,000 or more. Customers can withdraw by the same means as they funded the account. For example, if you funded using your credit card and request a withdrawal, funds will be sent back to your credit card.
If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Yet, we would be glad to know your personal opinion about LimeFX you may share your experience in the comment area below, or ask us for some additional information if required. Overall, a fairly underwhelming analytical section, especially Market trend when compared to other large brokers such as LimeFX or Plus500. The educational material offered at LimeFX is good but only adequate for a broker of its size and type. Instructions received by LimeFX for payment request will be processed within three working days. Wire transfers typically take three working days and all telegraphic transfer charges will be borne by the client.
LimeFX is a global Spread Betting, FX and CFD Trading provider based in the heart of London. This broker has received 26 awards over the past couple of years, including the below. LimeFX is the brand name of GAIN Capital who are recognized in financial circles around the world, and are also listed on the New York Stock Exchange .
Card withdrawal can take up to 10 working days for funds to reach the client. On exceptional cases this may take longer, clients are welcome to contact them for further assistance if funds are not received within the next 10 business days after processing. There is also a guaranteed stop-loss order, which close out your position no matter how volatile the market. Multiple chart types available, including Candlestick, Heikin-Ashi and Point Figure to allow you to identify trends and key levels.
- The broker also offers an external technical analysis and fundamental analysis research tool which helps scans for chart patterns and a range of indicators and oscillator bullish and bearish conditions.
- LimeFX is regulated but their are still a Market Maker, meaning they control the conditions of their clients trades and manipulate them as needed.
- There are two desktop platforms, the AT PRO Trading platform and MetaTrader 4.
- This is updated frequently by a small team of LimeFX analysts and covers all the asset classes tradeable at LimeFX.
- LimeFX offers users the ability to trade on their advanced, feature-rich, browser-based trading platform called HTML5 Web Trader, their desktop download platform called AT Pro, as well as on MetaTrader 4.
Enjoying the major success, the company also acquired FX Solutions in 2008 and gained entrance into the US market, while the first CFD trading and spread betting via iPhone became available in 2009. This publication is a marketing communication and does not constitute investment advice or research. Its content represents the general views of our experts and does not consider individual readers’ personal circumstances, investment experience, or current financial situation. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.
Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk. Broker.s is a reviews website and does not offer investment advice or services. Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. Always verify that the broker you choose, is licensed by your local financial regulator. The execution technology used by LimeFX was created to provide traders with a competitive edge, and the index-enable clients to utilise unrealised profits and use it for new positions, maximising trading resources.
The minimum withdrawal amount is $150, or all your available account balance . Comparing Plus 500, this product line-up is more advanced, while IG is taking over in terms of the number of products available. While the Demo Stock valuation Account is for 12 weeks only, if you feel you need more time to practice trading, you can always apply for another one. The investor protection amount you get depends on the subsidiarys country you are signing up with.
How To Deposit Money In Quotex
Forex trading enables users to trade in JPY/USD, USD/GBP and USD/EUR, and as the most traded market in the world, it sees over $5 trillion traded daily. Voted the best Spread Betting Platform by ADVFN in 2017, LimeFX offers a 0.5 points tight spread and trading on 84 international FX pairs. The company also offers trading on more than 45 other markets including interest rates, metals and bonds, while market spreads on gold are around 0.3. The initial deposit required to activate your LimeFX FX account is $500, while deposits can be made via bill payment, cheques, debit cards, credit cards, Pay Now, and internet banking.
One of the best performance areas for LimeFX is when it comes to the fees and commissions they charge. They pride themselves on being a largely commission-free broker. If you are trading forex, or any other CFD with the exception of stocks, then your trading will be commission-free, with fees already built into the spread which typically starts from around 0.6 pips or 1 pip in major forex markets. You can expect that the broker provides negative balance protection, and utilizes segregated accounts at top banks as standard. Along with the presence of excellent, international regulation, if you are a UK or EU based trader, then you will also be protected by the ICF .
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An Advanced Trading Platform For The Sophisticated Trader
This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. We may receive compensation when you click on links to products we review. Established spread betting, forex and CFD broker with over 30 years in the business. I will give LimeFX a huge thumbs up as being a reliable and safe broker for spread betting, CFD and Forex trading. Overall, LimeFX is a great choice for traders if you don’t mind trading with a Market Maker broker.
LimeFX has a large, dedicated training section for new traders, but as it is a multi-asset broker, the focus isn’t always on Forex trading. Similarly, the Market News Analysis area is comprehensive and useful, but again, the focus is distributed across all the asset classes available at LimeFX. The broker also offers an external technical analysis and fundamental analysis research tool which helps scans for chart patterns and a range of indicators and oscillator bullish and bearish conditions. The maximum you can withdraw in a single transaction is $20,000. If withdrawing online on credit cards there is a limit of $20,000 in 24 hours.
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