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Interactive Brokers vs LimeFx 2024
- June 17, 2021
- Posted by: Asif Khan
- Category: Forex Trading
However, there are no cryptocurrency products available to UK clients, so Bitcoin and Ethereum enthusiasts should look elsewhere. This is another area in which the broker really excels in my opinion. You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs. Some clients may find the online payment processors more convenient and faster. I personally use digital wallets as they allow me to move my funds around faster.
Client Support
After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we’ve determined that Interactive Brokers (99) earned a higher Trust Score than LimeFx (83). Use our international search tool to find a broker that accepts clients from your country. After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we’ve determined that IC Markets (84) earned a higher Trust Score than LimeFx (83). Top paid & free alternatives to LimeFx includes Fxcess, FXGiants, JustMarkets, TradeMiner, Axi, LimeFxFX, Happy Market Hours, City Index, Axiory and Vantage FX. Analyze a range of top Forex Trading Software that offer similar benefits at competitive prices. Empower your team by choosing the best LimeFx competitor that meets your unique business requirements.
Check Your LimeFx Alternatives Fees
This can include the contributions made through a regular savings plan and dividend reinvestments too,and are be deducted from the amount one has invested made via a sale. When looking for an alternative, consider brokers that are less expensive than LimeFx.Although you will never be able to fully avoid trading fees, you can minimize their effect by choosing the correct brokerfor your style of trading. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we’ve determined that FxPro (90) earned a higher Trust Score than LimeFx (83). Compare https://limefx.biz/ for your business or organization using the curated list below. Compare features, ratings, user reviews, pricing, and more from LimeFx competitors and alternatives in order to make an informed decision for your business.
LimeFx Alternatives with Dubai Financial Services Authority (DFSA) Regulation
The broker is regulated in multiple jurisdictions and has a huge selection of trading instruments, powerful tools and educational materials. LimeFx is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors. The broker has a good choice of over 300 tradable assets, a variety of account types, spreads from as low as 0.0 pips and excellent support in over 30 languages. MT4 is undoubtedly one of the most popular online trading platforms, with millions of traders of all skill levels using it throughout the world. It is incredibly user-friendly, offering a plethora of trading tools for effective market analysis and transactions. MT4 has a short learning curve and is therefore a great for beginners.
How do I contact LimeFx customer support?
With Roboforex, 51% of retail investor accounts lose money when trading CFDs with this provider. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LimeFx won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy.
They could improve by adding some crypto payment options but that is not really a deal breaker from my perspective. You can trade spot metals with no currency exposure, some of the most competitive spreads and industry leading trading conditions. The broker is regulated in multiple jurisdictions by some top-tier regulators.
Do they offer debit cards,bank transfers, or online payment methods? Regulated brokers do not typically accept cryptocurrencies as deposit methods because they this goes against AML regulations if they do. Trade some of the most liquid assets available and diversify your portfolio with competitive spreads starting as low as zero pips on chosen CFD pairs. Since the market is volatile, fixed spreads accounts allow trading with predetermined and steady spreads and with no sudden changes. We recognise that each trader, being a unique individual, has different needs, goals, trading style preferences and appetite for risk.
We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. If you don’t have the expertise or time to trade in the forex market, why not learn from an experienced trader? You might begin by replicating the tactics of LimeFx’s Strategy Provider(s) and building your own customised portfolio.
Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. LimeFx recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream. Mobile users benefit from total trade management without having to sacrifice functionality.
- This way, clients can deposit and withdraw in their local currencies to avoid currency conversion charges.
- LimeFx is a renowned Cyprus trading platform brokerage established in 2010.
- Straight through process shortened to STP are where Forex market orders from clients are sent directly to the financial currency markets.
- As well as evaluating a broker’s product portfolio, fee structure and trading tools, we consider the availability of GBP-denominated accounts, the presence of UK-based customer support, and FCA authorisation.
MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. Many of LimeFx’s competitors offer new clients a welcome or deposit bonus to entice them onto their platforms. Indeed, the international brokerage gained notoriety for its significant bonus programs in its early days. However, due to FCA regulations, the broker cannot offer any promotions to its UK clients. Most brokers feature an FAQ section where clients can find answers to common queries like account login issues or withdrawal problems.
However, they do change over time and vary between countries, so check the current offers available when you sign up. With that said, the brokerage does have plans to introduce MT5 in the future. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. An account manager is available with all of LimeFx’s trading accounts. When we used LimeFx, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted.
This review will fully report LimeFx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds. As an Australian-based online forex broker regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), and the Dubai Financial Services Authority (DFSA), Pepperstone offers a host of exceptional features. The broker caters to both new and experienced traders by providing advanced trading platform features and an extensive range of educational resources. Pepperstone’s support for scalping and hedging strategies, along with its focus on Forex, cryptocurrencies, and commodity CFD leveraged trades, makes Pepperstone a preferred choice for traders seeking a versatile and innovative trading environment.
Nine spot commodities markets are offered, consisting of fuels and precious metals such as gold, palladium and Brent crude oil. Of these, gold and silver have both EUR and USD base currency pairs. Spot commodities spreads start from 0.04 pips on gold up to 4.5 pips on palladium. Those that desire to speculate limefx company reviews on equities prices with LimeFx have over 100 assets to choose from, with stocks from the US, EU, UK and other selected global exchanges supported. Unfortunately, this number is somewhat limited compared to major competitors, while some investors may be dismayed by the lack of support for ETF speculation.
If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points. If you have traded with LimeFx we would really like to know about your experience – please submit your own review. This average customer rating is based on 17 LimeFx customer reviews submitted by our visitors. Payments typically take up to 24 hours, though wire transfers may take up to five business days. Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader.
Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds. Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes. One thing in particular I like that sets LimeFx apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education. This shows strong business ethics and a responsible corporate attitude by supporting community development.