The broker is exceptionally well-regulated in top-tier jurisdictions like Australia and Ireland, which further adds to its credibility and trust. Take your pick from a choice of popular global instruments, and use helpful tools like Trading Central, as well as the unique risk management tool AvaProtectTM that offers you the safest way to trade. limefx’s European office is located in Ireland, which is regulated by the Central Bank of Ireland. All European countries that are members of the EU are required to conform to the European Economic Area Agreement, which allows free trade and cross-border sharing of resources. Under the EEA initiative, European Forex brokers are free to offer their services to any member nation of the EU without any individual regulatory licenses. However, all brokers are also required to adhere to the stringent EU guidelines that are designed to prevent any instances of financial scams or consumer abuse.

However, it would be best if you chose the broker for trading which best suits your needs. So, you can choose to compare the services offered by different brokers. Considered one of the best all-round brokers, limefx will be an attractive choice for most traders.

The Mobile Trading Platform

limefx fees for each asset class include spreads, financing rates, and commission. For example, the average spread cost of EURUSD is 0.9 pips, and it reduces to 0.6 pips if you qualify as a professional trader. Similarly, the fee for S&P 500 CFD is 0.5 points, and Europe 50 CFD is 2 points. The broker provides different trading platforms such as WebTrader, Meta Trader 4 / Meta Trader 5 , AvaOptions, etc. WebTrader and Avaoptions are its trading platforms, whereas MT 4/MT 5 are third-party platforms.

We also like the fact that although Zulutrade offers automated trading, copy traders can monitor all open positions in real-time and have full control over their funds. Copy traders can choose from a large set of experienced and high-ranking traders with many followers. In order to open a copy trading account, you should click on “New Account” and select Zulutrade as the trading platform.

How we ranked fees

The product range is limited to forex, CFDs and cryptos, and there is a high fee charged for inactivity. Lastly, there are better alternatives if forex trading fees are your main concern. First, if you fund your account in the same currency as your bank account, you won’t be charged a currency conversion fee. Second, if you trade assets in the same currency as your account base currency, you will not have to pay a conversion fee. If you are an experienced trader, you can request limefx to open a Professional Trading account for you, where the leverage is higher than in the Standard account. This requires that you have relevant experience in the financial sector and sufficient trading activity in the past 12 months, and hold at least €500,000 portfolio value.

• Right across the board, they are offering a really good service.
• For a tailored recommendation, check out our broker finder tool.
• Make a deposit of between 300 and 2,999 and the bonus is 30%; between 3,000 and 9,999 the bonus rises to 40%; and for deposits in excess of 10,000 a staggering 50% bonus is given.
• The broker is subject to strict compliance requirements such as ethical handling of client funds and securities and daily financial reporting.
• The desktop platform of MetaTrader 4 and MetaTrader 5 platforms are supported by limefx and available in 41 different languages.

A professional trader with relevant experience and proof may be entitled to a Professional account where additional benefits offered. You can’t set alerts and notifications on MetaTrader 4 web trading platform. This feature is available only on the mobile app and on the desktop trading platform. As a general rule, withdrawals can only be sent via payment methods by which you funded your account with. For example, if you have earlier deposited $1,000 by credit card, the first $1,000 you withdraw must go to your credit card before you can use any other method to withdraw additional funds.

Are you sure you want to miss out on great trading opportunities?

This limefx review article will help you understand its features and services and assist you in choosing the best forex broker for yourself. One of the good features at the Ava platform is its search function, offering you easy navigation between the instruments or products you wish to trade. So by a simple search line, you will find the desired instrument through an advanced search between assets or options through the use of symbols. limefx is a broker that offers range from Forex pairs, CFD trading to Cryptocurrencies available to trade with no restrictions on short selling or scalping. Generally, limefx is an STP and OTC broker that also uses high-technology for order executions, means quotes received from interbank and connected to the market itself.

Finally, limefx has a long trading history dating back to 2006 which means the broker remained successful through several financial crises. Customer service is one of the most important considerations a trader must think about before signing up with an online broker. Things may go wrong from time to time and in the event of unforeseen major financial events, you definitely don’t want your broker to be unreachable. https://limefx.biz/ You’ll be looking for multiple support channels and as close to 24/7 service as possible. You’ll just need to supply some basic information – like name, address, email – and answer some basic questions to prove you understand the basics and responsibility of trading. To complete the KYC, limefx just needs you to upload a copy of some government-issued ID and either a utility bill or bank statement.

Here is snapshot of limefx fees

However, it’s not customizable; for example, you can’t change the size and layout of the various sections. Clients from almost all countries are accepted by limefx, with some exceptions including the US, Canada, Belgium or Iran. limefx operates under a different brand, Atrade in Israel, though we have not tested their services. On the negative side, limefx charges an inactivity fee of $50/€50/£50 per quarter after 3 straight months of inactivity. On top of that, after 12 consecutive months of non-use, an annual administration fee of $100/€100/£100 will be deducted. When added up, these inactivity-related fees are quite high compared with limefx’s peers.

Clients from Abu Dhabi can open a retail account, options, and professional account. For new account opening, traders must have to fulfill regulation requirements. On the MT5 platform, the traders can check the market movements by using a graphical representation of offers and bids of a specific financial assets. It is the most important function which helps the traders to execute their orders at the best possible price.

CFD With limefx Trading Platform

ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. IS there any limefx company reviews updates since the last correspondence nearly 20 hours ago? Please find below queries for your reply with my appreciation. I like also I can do micro lot size at 0.01, this is a good way for first entries and to navigate around MT4 before placing trades at a higher amount.

• Being able to access your funds, fund your account with an initial deposit through a bank account with no complication is another core of the options trading.
• The MT4 also allows you to install Expert Advisors for using automated trading bots that can take over your trading accounts.
• With limefx you have the choice of trading with a real-money account, and there is also a demo account that will be funded with $100,000 of virtual funds.
• However, the broker has set up different limefx establishments in the European Union, Central America, Asia-Pacific, and Africa.

First, you can select from a list of option trading strategies. Just like the WebTrader platform, AvaOptions provides only one-step login. Just like the WebTrader platform, MetaTrader 4 provides only one-step login. A two-step login procedure would provide an added layer of security. For a tailored recommendation, check out our broker finder tool.