Interactive Brokers vs lime fx 2023

Let’s review the types of derivatives on different assets. Also, it is worth pointing out a small number of instruments for passive income in the range of the broker’s services. Let’s also compare the level of lime fx commissions with those of Forex Club and lime fx. For comparison, we also used the purchase of a $5,000 lot on the same markets. I can’t say anything bad about trading with this brokerage service.

Clients shall request, under all circumstances, to withdraw funds from their trading accounts in the currency in which the deposit was originally made. The Sharp ECN account from lime fx gives traders access to the widest range of financial instruments on the lime fx MT4 platform. limefx official site The Standard Forex Account from lime fx provides full access to standard lots on the widest range of forex instruments available on the broker’s MT4 platform. Forex Trading Platform and Financial Asset Management Institution lime fx have 5 different account types.

The currency calculator shows you the conversion value between 2 different currencies. You simply select the base currency and currency you wish to convert to, then click calculate to see the conversion. Traders https://limefx.vip/ can use leverage with lime fx by logging into their account settings and selecting their preferred leverage ratio. lime fx charges a 0.007% and 0.008% commission with the NDD and ECN accounts respectively.

Bonuses and promo

Swaps are calculated and applied on every trading night. On Wednesday night swaps are charged at a triple rate to account for the weekend. Modern Standard Forex accounts charge no commission and make use of Market Execution, affording no re-quotes or further prompts during order confirmation. The Standard Forex Account is the best option for all retail forex traders.

By default, lime fx offers 33 indicators and over 50 instruments for technical analysis. You can choose the instruments in the menu above the chart. As for the withdrawal of funds, the same payment methods are available on lime fx as for deposit. The withdrawal fee is charged, and it is very high for the wire transfer – from USD 80. The minimum withdrawal amount via a wire transfer is set at USD 500. Even for withdrawals via electronic wallets, you will have to wait for a least a day.

Looking for a new forex broker and considering giving lime fx a try? lime fx is a forex broker founded in 1994 and regulated by CySEC. They claim to offer a great range of available trading assets, as well as education and research. Read our review of lime fx and learn more before you make a decision. For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

The learning materials are provided by the broker free of charge. By the number of methods of deposit and withdrawal of funds, lime fx is behind its competitors, mostly due to the small number of payment systems it supports. lime fx has the support of only three, while Forex Club and lime fx have six each. Overall, the choice of payment services is not so big on lime fx.

www.forexbrokerz.com

The MetaTrader 4 platform meets the highest security standards. Data exchange between the client terminal and the platform servers is encrypted. With NDD trading, investors have access to instantly executed trades, which means that there are no re-quotes on orders and no further pausing during order confirmation. lime fx provides a safe and secure trading environment through its regulation with the Cyprus Securities and Exchange Commission , one of the most reputable regulatory bodies in the industry. Below is an in-depth review of lime fx to help you make an informed decision before opening your account or trading on their platform.

• MetaTrader mobile is available for download on both Android and iOS from the relevant app stores.
• This period of more than 25 years in the industry, has allowed them to grow into being one of the most well-respected brokers in the sector.
• MetaTrader is also offered for trading on your mobile devices which can be useful for those who need to access their accounts whilst on the go from anywhere in the world with an internet connection.
• An online application handles new applications, following established industry standards.
• Also, the legal address of the company is known – First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

Leverage, however, can amplify both profits as well as losses. I chose this broker because I wanted to try sync-trading. I heard that this company is one of the best places to copy trades.

Background and Regulation

If you are ready to trade, the minimum deposit is just $100 and signup process doesn’t take long to complete. The broker has solutions for those who want to trade by themselves or copy signals from other traders. They offer a good variety of trading instruments across multiple asset classes. The account types are flexible and they offer the powerful MetaTrader platform, with additional trading tools and educational materials to assist traders.

lime fx is one of the largest brokers in Eastern Europe. The company has been in the market since 1994, providing not only access to financial markets, but also extensive educational services. Over time, the company has gone beyond the East European market, although remaining most popular in the former Soviet countries. Traders have access to a competitive research section consisting of numerous sub-categories with frequent updates and fresh daily content.

lime fx Product Offerings

Many brokers offer traders from Muslim countries a swap free option, as it is prohibited to receive profit on interest in Islam. In this case, the swap can be replaced with a fixed fee. We have determined lime fx’s commission on the Forex market as average or higher than average. At that, for different types of accounts, not only the size of the commissions, but also the approaches to charging them differ. Of course, it’s not easy to do, but each time you forecast the market correctly, it gives you a thrill. However, sometimes, I feel exhausted especially when my trading day is full of breaking news.

In addition, lime fx has a branch and many customers in Ukraine. These two countries account for the core audience of lime fx. The broker also has customers in other countries, although their number is smaller. In particular, lime fx works with customers from Kazakhstan, Bulgaria and Romania.

I had some unpleasant experiences with brokers who prevented me from entering the market at the price I wanted. What’s more, their executions always gave a scratchy feeling smth is going totally wrong with them. And for many traders, especially those who are not ready to invest large sums of money, the good news is that you can take regular bonuses or get bonus points for trading. Then it can become part of your principal – for trading and for withdrawing to your card. The platform is easy to understand, and it has lots of versions to trade from anywhere.

However, all of the accounts have decent trading conditions that are inline with what you will find from most competitors. If you want spreads from 0.0 pips, then you could always consider XM Group as an alternative option. The MT4 MultiTerminal is an online trading platform that is intended for simultaneous management limefx scammers of multiple trading accounts. This would usually be useful for traders who need to manage investors accounts and for those who operate with many accounts simultaneously. To compare the trading platforms of both lime fx and lime fx, we tested each broker’s trading tools, research capabilities, and mobile apps.