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XTB charges low forex CFD fees and provides commission-free stocks and ETFs up to €100k monthly trade volume. Deposit and withdrawal are fast and mostly free, and multiple options are available including credit/debit cards and electronic wallets. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas. Filter according to broker or product type, including stocks, futures, CFDs or crypto. The brokerage is regulated by CySec, which is the Cyprus national financial controlling agency. X Trade offices can be found on five continents, and they XFR Financial Ltd operates them.
- The news flow is a mix of recommendations; data releases from the economic calendar; live ‚Traders Talks‘; and brief messages about current market developments.
- I read a corresponding article on the site and now I trade them.
- LimeFX has representatives available 24/5, and these reps speak six languages.
- Unfortunately, a lack of CFTC and NFA regulation prevents LimeFX from entertaining traders from the US, therefore, US traders cannot trade with LimeFX.
So I know from my own experience that platform is perfectly compatible with any device. I may be biased because I learned everything I know about forex on LimeFX, but this is an amazing broker. I use the mobile app a lot- it is simple to use and allows me to trade anywhere. Perhaps, this company isn’t popular among trader, but, it’s worth trading here, I bet. There are some drawbacks, for example, lack of MetaTrader platform, but you quickly get used to LimeFX platform. Thank you, LimeFX, for variety of financial instruments!
If there is a choice, the trader should keep in mind what he would like to trade. The cost of trading depends on different factors like commissions, spreads, and margins. The process to open an account can be started from links on the company homepage. First, choose the right website for your country of residence.
Customer support
The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority . In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to regularly disclose its financials. The quickest and easiest way to contact customer support is through live chat, which is available 24/5. It seems that celebrities have decided a good way to support certain causes is to become an official ambassador. No wonder businesses and enterprises across the globe are following suit, and it has even filtered into the world of Forex trading. Soccer fans amongst our readers will immediately recognize the name of Cristiano Ronaldo and be suitably impressed.
The generous series of promotional offers is enticing to traders at this specialty CFD trading brokerage. LimeFX offers comprehensive trading conditions in various trading instruments through a choice of account types on its in-house trading platform. There is some information lacking on the broker’s website such as additional fees, and deposit currencies, but these can be cleared up by contacting customer support. A first deposit bonus of between 30% and 60% will depend on the initial deposit amount; for example, a minimum deposit of $2,000 qualifies for a 60% bonus. Phone verification results in a $20 cash bonus; in addition, LimeFX will provide clients with one free trade.
In my opinion, broker, through its platform, allows traders to achieve maximum success in financial markets. Moreover, LimeFX offers possibility of demo trading. LimeFX offers everything I need to be successful in trading. This includes training, demo account, support services and customer support.
There is nothing that would be unclear to me, deposit/withdraw buttons, information about bonuses and XPoints. Trading platform used for trading can work in demo account mode. It functions immediately after registration of trading accounts and deposits. To switch to demo mode, you need to press special button on platform. I was interested in the Forex market, as many people have heard about million-dollar earnings on Forex, and I was bribed by the promised income.
I’ve been trading on broker’s platform for few months now, and I’m happy with everything. Platform offered by LimeFX Broker works perfectly on any device. For example, I trade on my laptop and control my trades using my android smartphone.
It confirms that this broker is well aware that it is home to the most expensive trading environment. First deposit bonus – Up to $6,000 will be given as a bonus when you make your first deposit. It is, however, only added to your trading account when you have accumulated the required number of trading points, and if this condition is not met within 30 days the bonus will expire.
It also has an excellent and convenient trading platform. I offered to trade to a friend who does not understand anything about this. It took him one hour to figure out how it all worked.
- This welcome package is unlike anything else in the industry, and similar bonuses are available for loyal traders.
- LimeFX takes a unique position with regards to its platform.
- All information on 55brokers.com is only published for general information purposes.
- It confirms that this broker is well aware that it is home to the most expensive trading environment.
LimeFX is primarily a CFD broker that offers contracts on shares, indices, commodities, and Forex currency pairs. CFDs are financial products that allow traders to invest in different assets without actually owning them. Of course, leverage products such as CFD and Forex trading are always risky, as there is an equal probability for huge gains and massive losses due to the market volatility.
Many other brokerages offer similar features, but LimeFX’s website has more extras. A fully-populated economic calendar and news stream, free webinars, and a YouTube channel give users plenty of information about how to use the site. They also provide several calculator tools, including Pivot, Fibonacci, and deal size calculations. These are great features for new traders, as they can easily learn how to trade without having to learn all the complicated technical terms.
How to start your XTB account?
Training materials are located on separate page of broker’s official website. All materials are divided into several categories. Because when I opened account with this broker, I didn’t know how to trade. I cannot say whether they are helpful or not based on my experience. When I encounter some unfamiliar trading term, I can look up its meaning in this dictionary. That happens when I am looking for some helpful information on forums.
But, anyway, the LimeFX platform is pretty quick, and I bet if you want to trade on the demo, you will be glad, as everything is smooth. Trading in demo mode does not differ from real mode. All charts and instruments function the same way as in real mode. All web platforms have one advantage – you don’t need to install them.
Stock CFDs & ETF CFDs
LimeFX.com is an online CFD trading platform which allows traders to engage in fixed spreads trading with no commissions. Traders also have access to a 100% free demo trading account with a range of powerful analytical tools including technical analysis, fundamental analysis, charting, etc. The company is fully regulated by the Cyprus Securities and Exchange Commission and MIFID.
Index products have a spread of 6 pips for the Russell 2000 and 3 pips for the US 500. The minimum spread for bond products is 2.2 pips and for ETF products is 2.1 pips. Of course, I think that many traders are interested in how to trade. As for the trading platform, it is really convenient and fast software.
I made a positive decision in favor of this broker once I tried their web platform AKA Webtrader. I found it very good in all regards, including functionality and user-friendliness. In addition to this, I also appreciate the fact that the broker doesn’t charge fees on withdrawals.
The broker offers solid amount of cryptocurrencies for trading. There are such cryptos as bitcoin, bitcoin cash, litecoin, dash, ethereum, ripple limefx cheating and many other interesting assets. For those who are looking for really reliable broker that provides quality services, I can recommend LimeFX.
How do I withdraw money from LimeFX?
I spent some time learning platform, and now I don’t have any problem using it. This is a very interesting question because LimeFX broker offers a unique bonus system which no other broker offers. In addition, you get $25 in cash https://limefx.name/ for phone number verification, 20% in cash for account verification, and the first trade (up to $500) is compensated at the broker’s expense. So if you’re looking for a broker with a good bonus system, this is the place to go.
- This includes training, demo account, support services and customer support.
- The research and educational services remain average, complete transparency is missing, and the overall trading environment lacks competitiveness.
- Training materials are located on separate page of broker’s official website.
Trading real stocks and ETFs is available for EU clients, except in Cyprus and Hungary. The stock product selection is great, though the number of ETFs is low. A useful feature of the platform is the trader calculator, which helps you calculate the margin, the commission and other important parameters for each trade. You can only withdraw money to accounts that are in your name. The only way to withdraw money is by bank transfer. XTB’s account base currency selection includes USD, EUR and GBP.
Maybe a couple of weeks is not the most considerable trading experience, but I think that LimeFX gives all the possibilities to trade and more importantly earn money consistently. It seems to me that this simple necessity is quite hard to find in the forex broker. Yes, broker offers its customers excellent training materials. I studied them few months ago, but I’m sure they still exist.