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Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.

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You can learn more about ourindependent review processand partners in ouradvertiser disclosure. I have been working on the Premium account since early September and have had no troubles with it. I decided to try this broker recently and I was impressed by the account options. As with all Micro, Standard, and even VIP accounts they’ve got a tool for every kind of dealer.

STP/ECN Zero Spread

Client funds are segregated from company funds, reducing the potential for misuse. They operate a counterparty dealing desk, raising conflict of interest issues, but limefx forex broker offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP). Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts.

LimeFX offers trading on copper futures, as well as energy futures – US light sweet Crude oil, Brent Crude oil, and natural gas. Unlike hard commodities like metals and oil, soft commodities are typically agricultural products that are being grown rather than mined. The soft commodity futures on LimeFX include cord, wheat, rice, soybeans, coffee, cocoa, sugar, and cotton. Trading on spot metals is similar to Forex trading – traders can speculate on the prices of precious metals, taking short or long positions. With metals such as gold and silver, traders can hedge against risk and make their investment portfolio more diverse and well-balanced.

If there was a better platform for my…

The broker does not charge any fees for deposits and withdrawals and the minimum deposit than can be made is $250, although that varies, depending on the type of trading account one opens. The other alternative is to use the Personal Multi Account Manager (PMAM) but it is available only to professional traders and money managers. The platform allows clients to manage unlimited accounts but as we have said, it is designed for professional traders only. With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders. Trading is conducted 24 hours a day, except during the weekends, offering great flexibility to traders.

1. Therefore, to cater to the needs of almost any type of trader, we offer exclusive account types.
2. Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform.
3. The platform allows clients to manage unlimited accounts but as we have said, it is designed for professional traders only.
4. As with all Micro, Standard, and even VIP accounts they’ve got a tool for every kind of dealer.

Due to the high volume, liquidity, and leveraged positions, Forex provides great speculative opportunities and is preferred by many traders. LimeFX services over 1.2 million clients in 180 countries around the world, providing 300 tradable instruments from 6 asset classes. In addition to an online chat feature, LimeFX gives clients access to 24/5 client support in 45 different languages.

LimeFX didn`t charge any fees for withdrawal, so all I need to do is to wait for my money to come. The LimeFX website is available in many different languages, while the MT4 platform can be opened in even more, which makes it suitable for traders from all over the world. When registering their account, LimeFX can opt for the following languages – English, German, Spanish, French, Italian, Portuguese, Polish, Russian, Japanese, Arabic, Korean, and Chinese. LimeFX gives its clients great exposure to global markets and industry-leading limefx forex brokers reviews companies from the United States, Europe, the United Kingdom, and more.