Investing.co.uk has been helping British traders find the right broker for over 20 years. Deposit times are instant apart from bank transfers, which typically take 2-3 business days. Exchange and clearing fees may also apply to specific positions. In addition to commission and spreads, swap rates may apply for positions held overnight.
Our platform is designed to be a catalyst for your financial growth, fostering an environment where your investments can flourish and yield desirable outcomes. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire.
The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones.
Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type.
LimeFX Review
LimeFX positions itself as a viable choice for traders by limefx forex broker maintaining competitive and transparent fee structures that align with varied trading needs and preferences. With its regulatory oversight, LimeFX offers an additional layer of security to its clientele. However, those craving advanced features might yearn for more than what the broker offers. In other words, LimeFX is for the pragmatic trader seeking simplicity and efficiency. 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.
However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than scammed by limefx what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs.
Opening an Account
LimeFX is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. LimeFX is a financial services provider operating globally and the broker is regulated in Cyprus.
Curated Solutions Just For You:
Geographic restrictions apply, and the deposit and withdrawal screen will only list the ones available to traders. Traders should consider potential currency conversion fees and third-party payment processor costs. The name on the payment processor and LimeFX account must match, as third-party payments remain prohibited by AML rules. LimeFX offers a range of trading platforms to support the needs of investors with varying abilities and trading volumes.
- There are more than 30,000 instruments available through various trading platforms and account types.
- Additionally, LimeFX offers its proprietary platform, designed to cater to its customers’ specific needs.
- In essence, LimeFX has a deposit and withdrawal structure prioritizing efficiency with no hidden costs.
- Still, it adds that it does not accept clients from countries or “territories where such distribution would be contrary to local law or regulation.”
- Our vast portfolio encompasses stocks, currencies, options, futures, CFDs, bonds, and cryptocurrencies, ensuring our clients have diverse investment opportunities.
From transparent terms to diverse earning potentials, every facet of our solutions is aligned to offer you a seamless, rewarding, and secure investment experience. Your pursuit of financial prosperity is augmented by our commitment to delivering excellence, transparency, and customization, ensuring that your voyage is as rewarding as the destination. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. In our assessment, LimeFX is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds.
