Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy.

This makes it attractive for using medium-term trading strategies. For long-term investment, many professional traders choose trading towards positive swaps. To help understand LimeFx commissions on each available market better and unify information, we will calculate the size of the commission on each market, using real examples. For example, we will calculate how much a trader will have to pay for a USD 5,000 lot.

I like the web platform for accessing my account on different devices without needing to install any software. The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. LimeFx offers access to a variety oftrading platforms, including MetaTrader 4 and 5, CQG, ROX Premium, and SterlingPro.

1. They cater for beginners with lots of helpful educational content and practice accounts.
2. Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively.
3. As for speed, most transfers are instant, with bank wire taking 2-5 business days.
4. Sterling Trader® Pro is a platformspecifically intended for professional traders and proprietary tradingorganizations.

There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. The proprietary platform, Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the LimeFx network. All deposits are free with the MT5 Global and Standard accounts, except Alph-bank which charges a 2.5% commission.

It also comes with the ability to support real time pricing and have technical indicators built into the platform. Our https://limefx.group/ review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges. These can only be traded on the broker’s proprietary trading platforms where LimeFx Pro charges $2.50 per trade but are commission-free on the LimeFx lite platform. You may fund the account via ACH, wire transfer, or account transfer. In this LimeFx review, let’s look at their fees and commissions. Furthermore, stocks and options are priced according to two different plans.

Deposit and Withdrawals

The brokerage firm is well known among online traders as a broker that offers one of the lowest commission rates. At LimeFx, you can make a trade by paying a commission rate of as low as $2.50. Apart from the low commission rates charged by LimeFx, the broker also offers active traders a selection of advanced trading platforms which they can use to access the financial markets. There is also a wide selection of trading accounts which you can select from to suit your particular trading needs. Overall, I feel that LimeFx are a really good broker with a vast range of trading products and services that can meet the demands of all traders. They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity.

Demo account

On our site, you will find thousands of dollars worth of free online trading courses, tutorials, and reviews. Feel free to ask questions of other members of our trading community. We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. We could charge more, but we have a pay it forward, give back mentality. We want to feel good about what we do, and the results and reviews speak for themselves. Also, we provide you with free options courses that teach you how to implement our trades as well.

Comparative table of commissions

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. You should consider whether you can afford to take the risk of losing your money. All the above are broker-assisted limefx scam plans and also include an additional fee of $20 per trade. In the United States, LimeFx is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA).

Company Review

Technically, the call is supported by Zingaya, the call quality is good and the competence of the managers of the support team is high. It seems that the broker rebroadcasts the news from a third-party source, but does it extremely ‘awkwardly’. We are hoping that the broker will soon eliminate this drawback. The only drawback is that some publications may be absolutely useless.