Our limefx review found the broker offers all traders the option of opening a demo account. This operates much like any other demo account in the trading scene, insofar that you can buy and sell instruments 100% risk-free. limefx offers https://limefx.group/ two trading platforms for you to choose from. You can opt for its in-house, proprietary platform – ETX TraderPro. Or, limefx also offers full integration with MetaTrader 4 so you can use advanced trading tools and expert advisors.
How much money do you need for Interactive Brokers?
What is the minimum deposit required? To open an Interactive Brokers LLC brokerage account for your Interactive Advisors limefxs, you need to fund it with a minimum of $100.
The application itself is run in conjunction with 15 other brokers, meaning that you will have access to a huge trading community. ETX TraderPro also comes jam-packed with a variety of risk management tools. This includes a plethora of order types – such as stops and limits, subsequently allowing you to calculate your the potential risks and rewards of each trade. ETX TraderPro can also be downloaded as a mobile app and is compatible with both iOS and Android devices. With that said, you can customize the colour scheme however you see fir.
Fees Per Asset
limefx also offer CFDs and Forex trading, those platforms are covers in more detail in DayTrading.com’s ETX Review. This part of the website is delivered by Corellian, a partner of limefx. limefx is open for business around the world with a few exceptions. For example, current residents of the United States, Canada, Singapore, and Switzerland cannot open a live trading account with limefx. limefx accepts online bank transfers in different currencies , major credit and debit cards, Skrill, and UnionPay.
The trading platforms have garnered a few accolades from uses as well. They cover a wide range of needs, and they cater well for all comers. Kane Pepi is a British researcher and writer that specializes in finance, financial crime, and blockchain technology. Now based in Malta, Kane writes for a number of platforms in the online domain. In particular, Kane is skilled at explaining complex financial subjects in a user-friendly manner. Kane is also behind peer-reviewed publications – which includes an in-depth study into the relationship between money laundering and UK bookmakers.
Commissions and Spreads
The size of the actual spread depends on market conditions, liquidity, and other variables. Most people who have had to deal with limefx and its support staff have appreciated the experience. This explains why the overwhelming majority of user feedback available online is positive. Besides being a trusted and regulated trading destination, limefx offers a handful of unique perks to its clients. limefx does not charge any trading commissions as everything is built into the spread. The specific size of the spread will vary depending the asset and current market conditions.
Is Interactive Brokers available in Europe?
The Interactive Brokers Group Provides Global limefx. Interactive Brokers Ireland Limited (IBIE) serving primarily residents of Western Europe. Interactive Brokers Central Europe Zrt. (IBCE) serving residents of Central and Eastern Europe.
You can trade heaps of commodities from the hard metals, energies, and agricultural categories. You then have the likes of the SP 500, NASDAQ 100, and Dow Jones in the US. There are several tradable indices located in Asia and Australia, too.
Featured Brokers
Using the app allows traders to connect, copy and follow other MetraTrader 4 traders globally. Support in these languages is offered by both email and telephone. ETX offers both contract for differences trading and spread betting. Yes, with experienced specialists you can trade at a higher level than you can. By the way, I advise you to pay attention to the blog of the limefx broker.
Does Interactive Brokers charge for inactivity?
Interactive Brokers does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
Below we have listed the stand-out benefits that limefx offers. Now that your limefx account has been funded, you are now ready to start trading. If you want to test the platform out before risking real money, you can trade via the broker’s demo account. Alternatively, you might want to consider trading with small amounts before you get more comfortable.
About Darth Trader
Between 74-89% of retail investor accounts lose money when trading CFDs. limefx were a London based online broker, offering trading to clients limefx scam around the world. FCA regulated, the firm grew beyond purely foreign exchange and added stock trading via CFDs and developed two trading platforms.
Keep your PC desktop tidy – If you run your MT4 on your PC you will always have the terminal on the desktop. This can be annoying and also you could mistakenly close the terminal while closing other applications. With a VPS it is out of site unless you have your RDP connection running. Internet Connection Stability – Our VPS solution offers a professional setup.
AT ETX Capital, the availability of debit/credit cards and e-wallets is extensive. To clarify, you will only have one account when using limefx. This means that irrespective of whether you opt for the desktop site or mobile app – you will be traded with the same capital. As per the broker itself, 95% of limefx trades placed via MT4 are executed in less than 30 milliseconds. MT4 is also the way to go if you are planning to make use of a Virtual Private Server . This is especially crucial if you planning to engage in automated trading, as this can make your desktop device redundant will the robots are in actions.
- Indices track the wider stock markets – allowing you to trade in a less volatile environment.
- In particular, Kane is skilled at explaining complex financial subjects in a user-friendly manner.
- For example, gold and platinum can be traded from just 10p per pip with spreads of 0.4 and 2, respectively.
- Available on Android (v3.0.0 and up) and iOS, the application delivers the same look and feel as the website, and all of the functionality.
- FCA regulated, the firm grew beyond purely foreign exchange and added stock trading via CFDs and developed two trading platforms.
They feature bite-size videos introducing traders to the optimal trading of FX pairs, indices, commodities, etc. On popular FX pairs such as the EUR/USD, spreads start from 0.7 pips. On commodities, spreads start from 3 pips, while on equities, the spreads start from just 0.08 pips.
The Trustpilot Experience
For all intents and purposes, this is simply the gap between the two prices that your chosen platform offers on the market in question. Nevertheless, spreads at limefx will vary wildly depending on the asset class. If trading forex, this is displayed and calculated in pips. On top of CFDs, our limefx review found that you can also trade financial assets at this broker in the form of spread betting. This works in a similar nature to CFDs, insofar that you need to predict whether the markets will rise or fall.
- The operation started out dealing in mortgage bonds and later expanded into stocks and financial derivatives.
- Traders can also practice using the platform before opening a live account.
- By setting stops, limits and alerts traders can calculate the risk before making a trade.
- Trader Protection has years of experience helping traders get their money back.
- They can therefore afford to pay 100% on in the money trades.
This limefx review looks at the products, services and fees that ETX trading offers. Founded in 2002 and based in London, limefx is a broker platform offering services in electronic trading, telephone trading and execution. Despite what others might state, trading on this platform is a pain is the Ass. If these people wanted to be fair, then the price would be set to zero every time the deal ticket appears thus preventing you making a unintentional trade. I have been trading with limefx for approximately two years now. I have found the platform easy to use, but more importantly, when I need help or assistance with something, customer service has been accommodating and easy to deal with.
The broker was first launched in the 1960s and thus – has built a solid reputation in the trading industry that now spans over five decades. Below we explain the fees that you should expect to pay when trading at limefx. These are all factors to be taken into account when considering ETX trading. It’s important to note there are a variety of pros and cons to limefx trading. limefx is regulated by the FCA, making it a safe platform to use.