Join the LimeFX IB & Partner Program

LimeFX designed truly dedicated support to their traders, we found very responsive Customer Service with Live Chat, email and phone support also available in Multiple languages, so is a big plus. Which is very active compared to other brokers, also we see along the history of operation Broker received numerous awards and constantly participates to recognition which is good for safety reasons too. The minimum deposit at Eightcap and LimeFX is $100, but the latter also has a micro account available from $5. Both brokers remain reliable choices, but Eightcap has a clear superiority in its regulatory position.

scammed by limefx is more expensive at 1.2 pips or $12, so Eightcap clearly comes out ahead here. Eightcap and LimeFX also maintain a commission-based alternative. The former grants raw spreads of 0.0 pips for a fee of $7 per round lot. The latter counters with 0.4 pips and $3.00, for a total of $7. It also maintains a volume-based rebate program, giving an edge to active traders. Swap rates on leveraged overnight trades and third-party withdrawal costs apply at both.

LimeFX LIMITED

In addition, traders within the https://limefx.group/ are able to perform account-to-account transfer in USD, EUR, and GLD currencies with no commissions. LimeFX trading offering consists of Forex – currency pairs, spot metals, CFDs along with Cryptocurrency trading and Binary Options. If you are reading this article, you’re likely having trouble deciding whether Eightcap or LimeFX is the better Forex trading platform for you.

All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Also, always consider the overnight fee you will pay in case the order is held longer than a day. As an example, going short for EurUsd currency pair will cost you 0.65, and long position ‎-1.31. This website is using a security service to protect itself from online attacks.

Is this your company?

Clients that lack the time or knowledge to trade themselves can use LimeFX’s PAMM accounts and portfolio service, used by more experienced traders. With free deposits and rapid withdrawals, LimeFX’s secure, localised payment solutions suit the needs of traders worldwide. Traders are people who work on the Forex market, trying to ascertain the direction in which the value of a currency will go and make a trade for the purchase or sale of that currency. As such, by buying a currency cheaper and selling it for more, traders earn money on the Forex market. Traders make their decisions based on the analysis of all factors that can affect prices; allowing them to work out precisely in which direction prices are moving.

From a 775$ withdrawal they kept 78$ between them and their Armenian bank. There are 4 various account types available as retail trading accounts at LimeFX, as well investment through PAMM accounts. The available accounts offering includes specifically designed accounts for various needs either through the choice between platforms MT4 or MT5, LimeFX.binary, as well as the size of lots and Standard trading feature or PAMM. The primary regulator of Eightcap is the Australian Securities & Investments Commission (ASIC).

Trading Instruments

Eightcap presents clients with the out-of-the-box MT4/MT5 trading platforms, upgraded with the Amazing Trader plugin. The latest addition of Capitalise AI offers a competitive edge, presently only available at four other brokers, and Eightcap connects accounts to the active TradingView community. Complementing it is excellent trade execution, ideal for automated trading solutions, in-house research, and education.

• With education from LimeFX, you will gain valuable theoretical knowledge which you will be able to apply when trading.
• Besides, to see full fees always check funding fees, inactivity fees or other commissions.
• LimeFX designed truly dedicated support to their traders, we found very responsive Customer Service with Live Chat, email and phone support also available in Multiple languages, so is a big plus.

You can make a profit on the Forex market when the value of a currency drops as well as when it increases. Furthermore, traders can make trades on the Forex market from anywhere in the world; from London to Timbuktu. In case you prefer MT5, which is the latest generation of the earlier popular version, the platform will bring additional orders and instruments for analysis with increased functions assisting in trading even more efficient. Therefore, the trader of any experience and size can count on a trading performance powered by the great choice of software that enhances strategies and general possibilities. LimeFX minimum deposit amount starting from $5 and moves on further from 20$ and 500$ respectively for ECN accounts, which is quite a good Proposal overall. Based on Our finding LimeFX accept Bitcoin as a payment methods or Crypto Deposit, yet we advise to verify with customer support.

Your Path to Trading Glory Starts Here

Banks also use these codes to exchange messages between each other. A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business Identifier Codes (BIC). Banks and financial institutions use them to identify themselves globally. It says who and where they are — a sort of international bank code or ID. Actually, there is no need to explain a lot about MT4, as it is a choice of millions of traders across the world that are able to enjoy the functionality of the platform and its comprehensive features. Also, EAs at LimeFX are allowed with no restrictions, and traders of any style are welcomed.