IG vs LimeFX 2022

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. My friend once advised this broker, but I didn’t really want to listen to him because I already had a broker. Nevertheless, when I decided to change it recently, I remembered the words of my friend and joined the community here. Basically, I can state that the conditions here are relatively strong.

  • LimeFX offers users the ability to trade on more than 260+ financial CFD instruments covering Forex, Futures, Indices, Metals, Energies and Shares from the US, UK, France and Germany.
  • There is everything for trading – best terminals, several types of accounts, a lot of trading assets.
  • It offers over 200 tradable assets, but it is only available in the UK and Ireland.

Our experts found the cTrader platform to be intuitive and user-friendly upon testing. LimeFX platformUnsurprisingly, platform reviews generally are positive and praise the flexibility of options available. It is a highly customizable web-based platform, which https://limefx.vip/ enables traders to place orders without the need to download and install any additional software. It has expanded to offer direct trading to customers in over 170 countries. Along the way, the company has picked up over 85 prestigious international awards.

You can download various demo platforms, including MT4, MT5 and cTrader. Spreads are competitive but vary according to the type of trading account held and asset traded. For example, with the MT4 account, the minimum fixed spread quotes are around 1.2 pips. Note you cannot trade binary options and spread betting is only available to UK customers. LimeFX Edge Trading platform is a proprietary platform for Spread Betting for over 200 tradable assets and it has 4 great advantages for traders. You can use LimeFX Edge to trade the world’s markets tax-free.

User reviews show wait times are relatively low and customer agents are knowledgeable. In fact, they can help with everything from order execution policy to problems with no MT4 connection. Customer service – LimeFX promises numerous customer support channels in nearly 20 different languages.

I’m currently use ctrader by LimeFX as it is an ECN platform. Deposits and withdrawals via credit cards without problems. LimeFX is a safe option for those who wish to trade CFDs in forex and the other markets covered by this broker, are familiar with MetaTrader and cTrader platforms, and like an easy account opening process. This means that you cannot buy actual trading assets.

LimeFX Account types

LimeFX simplifies its trading accounts offering with only one account type – this one account will have slight variations, subject to the chosen trading platform when signing up. When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us. The LimeFX UK Limited entity is a member of the UK’s Financial Services Compensation Scheme , an independent compensation fund of last resort for retail customers of authorised UK financial services firms. Good customer service, stable platform, and a good range of trading instruments.

LimeFX broker reviews

On this page, users will have to fill in a form with some basic information – country of residence, name and surname, a valid email address and then choose a password. Please note that to open a demo account, users do not need to upload any verification document to LimeFX. After filling in the required info, choose the entity you wish to register an account with and then click the “Register” blue button. To open an LimeFX demo account traders will have to do a bit of work, as the entire process might require around 15 minutes. As the whole procedure might be slightly cumbersome for some traders, we have a small tutorial on the LimeFX FAQs section on How to open a LimeFX MetaTrader 4 demo account.

How much LimeFX rebates can I earn?

CTrader account, which is the ECN account type on LimeFX. This account gives traders access to the cTrader and cAlgo platforms. All client funds are segregated from operating capital in Tier-1 accounts with major global banks. Start profitable stock trading with a reliable broker and a convenient trading platform. All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions.

But I can say for sure that they do not work against the client and always honestly pay the profit. Offer a free demo account that provides the ideal way to practice making Foreign exchange trades in a risk free environment that won’t actually inflict any damage to your financial portfolio. WikiJob does not provide tax, LimeFX, or financial services and advice. The information is being presented without consideration of the LimeFX objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Negatively, a few traders reported on the higher than industry average spreads on the MetaTrader 4 accounts and high slippage happening during news and other high-volatility events. We conclude our LimeFX review with the final considerations regarding this CFD broker. LimeFX stands out for its popularity and for being a highly regulated broker offering a good range of tradable financial instruments. In the first place, users will need to visit the LimeFX MT4 demo account page.

  • Moreover, their users have negative balance protection, so its customers will not lose more money than they have invested.
  • Most deposit options have instant funding within ten minutes.
  • Looking at total tradeable symbols, IG has 19537, compared to 2175 from LimeFX.
  • LimeFX minimum initial deposit is 100 USD for all accounts – MT4, MT5, cTrader and EDGE.

LimeFX may be the most awarded broker in the market, stacking up over 85 awards. Most recently, Best Broker from Ultimate Fintech Awards, Best FX Provider 2021 from Online Personal Wealth Awards and Best Trading Platform 2020 from Investors Chronicle & Financial Times. Clients can choose limefx review the downloadable version , the web platform WebTrader 4, or the mobile platforms for Android and iOS . Another option is the MT4-based XM Multiterminal, which allows the simultaneous management of over 100 trading accounts from a single platform for CFDs, Forex trade, and futures.

Analysis the markets with a large selection of per-installed technical indicators and graphical objects, place orders and manage your exposure with ease. MT4 provides everything a trader needs to chart assets, place orders and manage their positions. Quant, unlike cAlgo which requires knowledge of C#, enables users to create automated strategies using technical indicators and logical operators without any prior coding knowledge. Since 2013 the company has been engaged in making algorithmic trading accessible to the retail sector. Not the first time i see positive opinion about this broker. So if you think what broker to choose LimeFX is really good option.

Again, trading on spot energies instead of futures energies, LimeFX offers CFDs in Brent Oil, Natural Gas and WTI. LimeFX Global Markets Limited is authorised and regulated by the Securities Commission of The Bahamas. LimeFX UK Limited is authorised and regulated by the FCA. Negative Balance Protection, never lose than your total deposits. Trading with LimeFX for past 2 years – mostly profitably. Withdrawals on skrill, PayPal, or credit/debit card within one working day.

What type of broker is LimeFX?

It is licensed and regulated by not one but several major regulators and has an impeccable reputation for providing safe and reliable trading on a wide variety of instruments. The multiple platforms, tight spreads, and overall good pricing makes it a preferred FX and spread betting broker for millions of traders. Fixed Spread is not available to MT5 users but only floating spreads.

LimeFX broker reviews

These are typically free from the broker side but your bank may charge a fee. A withdrawal via eWallet can also incur a high fee of as much as 2.6% of the amount. That’s why I decided to open a LimeFX demo account.

Types of LimeFX accounts

Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section. LimeFX reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more. This LimeFX reviews wrote by ForexSQ team, in this LimeFX.com reviews you will know all about LimeFX UK like MT4 and MT5 trading platforms and LimeFX minimum deposit.

  • The support staff is very competent and polite, good spread and leverage, good technical capabilities for trading.
  • MetaTrader charts are easily customized to meet your needs and level of expertise.
  • Labeled Verified, they’re about genuine experiences.
  • There are a number of account types available for LimeFX customers, depending on which trading platform you would like to use and a number of other factors too.
  • Therefore, we do not charge any fee for consultations.

Fast forward to 2021, and we can see that the broker has experienced massive growth as it works towards serving clients in over 170 countries. LimeFX does not charge any fees or commissions on withdrawals , however, there might be fees charged from the sending and correspondent bank, if the chosen withdrawal method is by bank transfer. Clients of the LimeFX Global Markets Limited entity can deposit in USD, EUR, GBP, CHF, AUD, PLN, ZAR and JPY. This entity and the entity above also accept deposits in RUB, yet funds deposited in RUB will be converted to the currency of the client’s LimeFX Wallet upon receipt.

What are LimeFX rebates?

Traders also have the option of margin trading, requirements for which will depend on your account type. Note LimeFX acts as a market maker applying a non-dealing desk intervention execution model. The platform will work for Mac users and portable iOS devices as well as on Windows desktops. Traders should note that LimeFX Edge does not support EAs or custom indicators at this time. MetaTrader 4Head to the official website for a link to download both, or either, platforms.

The company also appeals to casual investors with $0 trades and its user-friendly web platform. Saxo Bank operates multiple regulated banks and is licensed in six tier-1 jurisdictions for trading forex and CFDs. It is an exclusive broker, requiring a USD 10,000 minimum deposit to open an entry-level “Classic” account. Founded in 2006, LimeFX are an FCA, CySEC, FSCA and SCB regulated broker serving clients in more than 170 countries from their offices in the UK and Cyprus. The broker offers Contracts for Difference on 6 asset classes; currencies, equities, indices, futures, precious metals and soft commodities. In August 2017, LimeFX introduced Financial Spread Betting services for their UK clients.

However, it can be slightly confusing when you start to visit the LimeFX demo account setup process on the company’s website, listing both MT4 and MT5 platforms, as well as cTrader. For the uninitiated, this kind of jargon can seem complex and intimidating. LimeFX has a Client Money Protection program to protect clients’ money which is segregated to that of its own broker funds in line with the Financial Conduct Authority. Therefore, customer money will be safe in case of bankruptcy or insolvency.

Also, the broker offers a macroeconomic calendar to keep track of important events that usually impact the market. LimeFX has recently expanded its cryptocurrency training hours from weekdays only to 24/7 to allow retail traders unbridled access to the DeFi markets. Also, broker reviews are quick to highlight that partners have ensured LimeFX UK Ltd customers are protected by the UK’s Financial Services Compensation Scheme.