I had to withdraw my money as I needed a broker with lower spreads on crosses. Nothing wrong with LimeFx, but I just had new requirements.They https://limefx.club/ paid out my money without issue. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution.

Best for Canadian Traders: IFC Markets

  1. An affiliate program is an automated electronic program involving a web advertiser and a hired webmaster.
  2. LimeFx offers Islamic swap-free trading on 1 trading account level – The ECN XL Account.
  3. The safeguarding of our clients’ investments, privacy, and security is our foremost priority, allowing our clients to trade with peace of mind under our regulated brokerage.
  4. FOREX.com offers a comprehensive education and research center with free forex trading courses for various skill levels.

At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees. The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee.

Slippage, No copytrading, No High Leverage!

As the forex market operates 24/7, it’s essential to choose a broker that provides reliable and responsive customer support. Look for brokers that offer multiple channels of communication, such as live chat, email and telephone support. Test their customer service beforehand to gauge their responsiveness and knowledge.

Compare Trading Instruments

Open a demo account with an online broker you’re thinking of using to see whether it is a good fit. Demo account trading can also help prevent potentially costly errors that might arise from you being unfamiliar with the broker’s trading platform. Vantage Markets also offers additional trading instruments, including forex, stocks CFDs, commodities and indices. You can build a diverse trading portfolio and access fully compatible, excellent trading conditions. The best trading conditions in LimeFx have become a great success.

LimeFx User Experience

Wherever you slice it, they have yet to disappoint me in ways that matter. I will keep using their services as long as they stay this reliable. I can picture my collaboration with the broker limefx website is mostly positive for me. There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news.

Trading Platform’s Offered

Their intuitive multi-asset trading and social trading platforms and apps can be used by anyone immediately. Unfortunately, they do not support the MetaTrader 4 and 5 (MT4 and MT5) trading platforms. The MT4 mobile app lets you enter your login details to your trading account from any location. The cutting-edge technology has received positive feedback and reviews online for its user-friendly interface and dependability. The program offers 30 technical indicators, several periods, and a live broadcast of market prices.

IG Group accepts U.S.-based clients due to oversight from the CFTC and NFA. IG holds your money in segregated accounts under trustee arrangements for added security. In addition to its proprietary trading platform, IG offers support for 3rd-party forex platforms such as MetaTrader 4 and ProRealTime. FOREX.com caters to forex traders with a wide selection of currency pairs, low account minimums, and a notable trading platform. It’s a suitable option for traders seeking a home base for their currency trading. FOREX.com offers a comprehensive education and research center with free forex trading courses for various skill levels.

Another big downside is the lack of web trader compatibility, which I find convenient because it provides straightforward and fast market access. This is low compared to many brokers, but it’s still a downside since rivals like Vantage charge nothing, making them a better fit for casual traders. In our experience, the 0.2-pip average spread on EUR/USD is far tighter than most commission-free accounts, which regularly charge 1 pip or more for this major pair.

Clients may also use their Facebook or Google accounts to open an account. Since LimeFx is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step.

Traders need to ensure that they have a clear objective before they trade financial instruments. LimeFx offers Islamic swap-free trading on 1 trading account level – The ECN XL Account. LimeFx offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. LimeFx was launched in 2010 by a group of forex experts aiming to create a competitive and supportive trading experience for clients through transparency and high trade quality. This will be enough to satisfy most traders and provide opportunities to deploy a range of forex trading strategies.

They also help a veteran trader to get accustomed to something new. Based on our findings, the broker offers a wide range of trading instruments all based on FX and CFDs trading. It allows trading major, minor, and exotic currency pairs, and cryptocurrencies with access to Bitcoin, Litecoin, and Ethereum, major indices from the EU, US, UK, and Asia. Being an NDD broker, LimeFx doesn’t take the other side of the trade meaning the broker is firmly on the traders’ side. All the orders, stops, limits, and trades are executed with counter-parties.

Axi is regulated by top-tier financial authorities including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Dubai Financial Services Authority (DFSA). Necessarily real-time updates, new strategies, good spreads, automated trading are highly regarded among users. Accounts with LimeFx broker provide services of really good trading conditions, and the services of LimeFx offer good news over a certain period. Broker LimeFx provides forex, stocks, leveraged products, silver, and gold trading using the renowned MetaTrader 4 platform, accessible for download or as a web-based solution. As our lives have become ongoing, so to access trading remotely, many apps have developed over the years. Suppose the customer wants to keep in touch with currency prices remotely.

Our team rates LimeFx’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing. We are also disappointed with LimeFx’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days. While this type of fee is not unusual, LimeFx imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months.