This type of account is very popular in the Forex trading market and is widely used by both beginner and experienced traders. To guarantee the safety and security of its clients, LimeFx has adopted numerous regulatory guidelines over the past few years. These regulations are aimed at ensuring that every single client of the broker has the opportunity to ensure the safety and security of their funds, while also enjoying high-quality trading services. has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. These include Visa/MasterCard, wire transfer and eWallets such as Neteller and Skrill.

This account is great if you are worried about blowing up your trading account by making silly mistakes on the platform such as using the wrong trade size. Once traders gain experience of the whole trading experience they can migrate to the Standard account for larger contract sizes. If you are a retail trader, looking for a broker that focuses on stocks and forex, then LimeFx should certainly be worth your consideration.

Unlike other accounts, where the base currency options are 9, for the holders of LimeFxs Ultra-low accounts, there are only six base currency options. As a whole LimeFx is a trusted broker that has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service. There is a library of free educational materials for LimeFx users including the likes of week interactive webinars and video tutorials.

This broad range allows traders to access various markets and assets through a single platform, making Plus500 a popular choice for those seeking a comprehensive CFD trading experience. However, it’s essential to conduct thorough research and consider other factors such as fees, platform features, and regulation before choosing a broker that best suits your trading needs. As one of the major U.K.-based forex brokers, LCG offers a wide range of asset classes and a seamless trading experience. The firm’s fees are competitive within the industry and it ranks high on our list for customer service. With these positive attributes along with its apparent focus on functional simplicity, LCG is well-suited to beginning traders. Although you don’t have to be a beginner to benefit from its offerings, LCG is hard to beat if you are just starting out.

The only costs are the spread, which starts at 0.1 pip for the major FX pairs and the swap for holding overnight positions. Investors should seek out a broker that offers reasonable fees, a user-friendly interface, exceptional customer service, and a breadth of offerings. CMC Market is our top pick, but your needs may be better-suited by another forex broker on our list.

  1. Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices CFDs, gold and oil CFDs, as well as stock CFDs.
  2. After this, you will create an account password and confirm the registration.
  3. Your multi-asset trading account login details will correspond to a login on the trading platform which matches your type of account, and it is ultimately where you will be performing your trades.
  4. Yes, LimeFx is a truly great Forex broker with years of experience in the financial markets.

However, it is highly regulated by government authorities to ensure transparency, fairness, and investor protection. The Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) are the regulatory bodies responsible for limefx website overseeing and regulating forex trading activities in the US. Regulated by top-tier authorities, including the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), FxPro ensures a secure trading environment.

Demo account of LimeFx

Regulated by globally recognized authorities, LimeFx Group prioritizes security and transparency. Moreover, its commitment to exceptional customer service is evident through its 24/5 multilingual support, educational resources, and regular webinars. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. From the market overview page, it is possible to have a quick snapshot of what is happening right now in the markets, what is it is easy to navigate from here to look at the various aspects of research provided by exam. There is a news tab, a research tab which encompasses all of the exam bespoke, in-house research.

The spreads on major pairs are very competitive and low, usually, they start around 0.6, depending on the account used by the trader. Founded in 2009, LimeFx has grown to become one of the leading online Forex brokers in the world. With over 5 million clients from as many as 190 countries, LimeFx Is one of the most established brokers currently online. LimeFx is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner. As they are completely reliant on MetaTrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.

Automated Trading and MQL

The broker provides traders with a platform for conducting forex trading. Pepperstone offers uncomplicated access to the markets, which allows clients to focus on the complicated task of successfully trading the markets. Pepperstone is ideally suited to traders who want a manageable range of low-cost offerings, multiple choices of user interfaces and account types, and efficient customer support.

They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations. Suitable for both beginner and seasoned traders with versatile investment skills and practices, MT4 can be regarded today’s ultimate trading software in virtually every spot of the globe. Different brokers use different names for trading accounts, offering different trading conditions for each. Always make sure to check these details before you start trading with a real account. If you are just starting to trade forex, a demo account is a good choice.

KYC Procedure for Account Creation and Depositing

As for the contract sizes, there are two options available for traders. First, it is the standard ultra, for which, 1 lot equals 100,000 units of the asset traded. While this is a very common way of trading stocks today, not everyone is really into this strategy. For those who prefer not trading CFDs, LimeFx offers a special “Share Account”, which allows traders to buy and sell shares of leading companies directly. Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices CFDs, gold and oil CFDs, as well as stock CFDs. A forex account at LimeFx is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

It’s recommended to thoroughly research and compare brokers to find the one that aligns with your trading goals and preferences. Several forex brokers offer a wide range of CFDs, but one notable broker known for its extensive CFD offerings is Plus500. They provide a diverse selection of CFDs, including those on stocks, indices, commodities, cryptocurrencies, and more.

However, there are some conditions that should be kept in mind by traders. First, there is only one base currency option for this type of account – USD. The contract size is 1 share, and there is no leverage available for share account holders. To match the interests of different traders, LimeFx has worked very hard to offer a diverse array of account types.