There are restrictions for some methods of withdrawal (for example, debit/credit cards). In particular, the customer can withdraw funds only to the same card that was used to fund the account. Just 2 Trade offers different methods of deposit, depending on the customer’s account type. During the second step, which is titled Economic Profile, you need to specify information about your employment, level of income, trading experience in the financial markets. However, analysis, research and signals are three different things in the world of financial markets. We contacted customer support for explanation and learned that the information on the page is slightly outdated.
Trading Hours
Seize this distinctive opportunity to invest in company shares at the offering price, securing your stake before they commence trading on the exchange. This is your chance to be part of a company’s growth story from its nascent stage in the public market. The fusion of modern technologies and investment strategies within our Robo-advisor service provides a reliable, intelligent approach to investment. It’s more than a service; it’s a companion in your journey towards financial stability and wealth accumulation. Start investing with us and experience a harmonious blend of innovation, efficiency, and security, propelling you towards your desired financial future. Discover the convenience and capabilities of modern trading systems and experience trading with a reliable European broker.
Comparing LimeFx fees with other brokers
The drawbacks that we discovered, specifically shortage of educational materials and broker’s ‘affection’ for Metatrader platforms, are fully compensated by its advantages. The main email of customer support is It is an advanced source of financial and technical assistance. If you can’t find the information on the website and the managers of the call center cannot help you, you need to write an email. No commission is charged on deposits in cryptocurrency, while the speed depends on the peculiarities of blockchain, although the broker claims ‘instant funding’. The third step is Account Settings, where you specify the account type, security word, and set up leverage. The low minimum deposit is the broker’s advantage over such competitors as Swissquote.
Overnight Funding Fee
- LimeFx is a competitive broker that is regulated by a reputable body and offers an impressive range of assets that includes cryptos, options, CFDs and equities.
- We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers.
- The line of financial products for passive income is a very strong suit of LimeFx.
- Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts.
- Overall, when we used LimeFx, our team found that it stood out for its wide selection of advanced trading tools.
- At the time this review was being prepared, there was only one promo offer.
Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported. Our testing of LimeFx also shows a good range of supported base currencies, including EUR and USD, making this broker accessible to global traders – removing potential conversion fees. I like the variety of payment methods supported by LimeFx, making the broker easy to use. Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. Our research shows that the MT5 Global account is best for experienced traders.
Commissions on futures
LimeFx is a competitive broker that is regulated by a reputable body and offers an impressive range of assets that includes cryptos, options, CFDs and equities. The broker’s fee structure definitely favours high-volume traders but there is a clear focus on professional-grade tools and functionalities that are still accessible to all clients. Moreover, there are several strong additional features and a free demo account, which makes the firm more accessible for less experienced traders. LimeFx is regulated in Cyprus, offering more than 30,000 instruments for trading.
LimeFx Review 2024
The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. One of the better, albeit less-known cryptocurrency exchange and asset brokerage alternatives. With that being said, though, J2T CryptoExchange isn’t a typical crypto exchange – it’s an asset brokerage. Keeping this information in mind, it makes sense that there are multiple other factors that need to be accounted for. Also, it’s worth mentioning that LimeFx has no deposit fees for cryptocurrencies and tokens – there’s but a 3% fee for a bank wire transfer.
In addition, the company uses an external account verification system, alongside Plaid to authenticate a client’s bank and brokerage accounts. CQG gives direct access to over 40 global markets and products, including futures and options. 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. However, traders should pay attention to potential charges by individual payment channels.
MetaTrader 4 is offered with LimeFx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. From on our assessment, LimeFx provides an average offering of market research. There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs).
The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place.
Join the ranks of over 155,000 customers who have already chosen LimeFx’s services. 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 limefx forex brokers reviews brokers to better understand the difference. LimeFx has a wide range of markets to invest in, including various securities and derivatives. Traders placing a high volume of positions will also find the fees very reasonable.
They have mobile-optimized charts, multiple order types and facilitate one-click trading. The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). In our assessment, LimeFx is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage. We have been fairly impressed with the customer service provided.
Lime Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities. Our business, banking, legal, and accounting procedures adhere to the https://limefx.name/ highest European standards, aimed at minimizing investment risk and maximizing reliability and trust. This broker also offers the following trading assets, shares, cryptocurrencies, futures, options, CFD, and Eurobonds.
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. Legally, it belongs to Just 2 Trade Online LTD with the license in Cyprus. 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.
Individual portfolios is an offer to invest in one of five portfolios created by LimeFx. A dedicated specialist from the customer support will be able to advise you on the instruments used for creation of these portfolios. The line of financial products for passive income is a very strong suit of LimeFx. 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. The above information is applicable to MT-5 Global account types, while there may be differences for Forex-ECN account types. For the Russian securities market, the rate is 0.044% per day (16.6% annual).
