The LimeFX demo account has an overly high demo account balance of $100,000, but the registration is refreshingly swift. I did not find a time limit, which suggests that LimeFX understands the requirements of demo trading. I prefer more customization options to ensure demo trading conditions reflect planned live portfolios. Our individual investment portfolios are not just financial instruments; they are bridges to your aspirations. They are balanced concoctions of security and growth, allowing you to traverse the financial landscapes with confidence and foresight. The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds.
Forex traders get a reasonable selection of 64 currency pairs, and commodity traders can choose from 25 CFDs and futures contracts. Option traders pay $2.50 in commissions, and futures cost between $0.50 and $1.50. Swap rates are competitive, making LimeFX well-suited for strategies that last seven to ten trading days. In contrast, the actual trading fees discourage high-frequency trading or scalping. A CySEC-regulated broker with a limefx courses scam choice of trading platforms and 30,000+ assets. LimeFX also offers many other trading instruments on their CQG, ROX and J2XT trading platforms.
Why Choose LimeFX?
- We aren’t impressed with the additional trading features available.
- These can be positive or negative, depending on the asset and whether it is a long or short position.
- API trading is available for demanding traders with custom algorithmic trading solutions.
- The firm may also be suitable for other types of investors due to the range of different trading platforms, although beginners will likely find cheaper deals elsewhere.
The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment limefx broker reviews to affordability.
Choose country
LimeFX also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. On the other hand, there’s a 2 USD commission per traded lot per side. The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
Is LimeFX Regulated?
Their demo account is a masterstroke, offering a robust training ground for those looking to hone their strategies without financial risks. LimeFX recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs.
Comprehensive Investment and Ancillary Services
Importantly, these times and minimum requirements are in line with most of the industry. We have interwoven our advantages to create a seamless tapestry of trading excellence. Our relentless pursuit of perfection in every facet of our service is our commitment to empowering your trading experience with reliability, innovation, and precision.
While using LimeFX, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card. Note that, for credit card withdrawals from the MT5 Global account, a commission is not charged when refunding to the same card. We were pleased to see that the company’s online website is owned by LimeTrading (CY) Ltd, which is regulated by the reputable Cyprus Securities and Exchange Commission (CySEC).
Join the ranks of over 155,000 customers who have already chosen LimeFX’s services. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). We have been fairly impressed with the customer service provided. Support is available 24/7 which stands up well against competitors we have tested. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.