LimeFx broker reviews
LimeFx broker reviews

BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . IG is regulated by several financial authorities limefx official site globally, including top-tier regulators like the FCA in the United Kingdom. IG Group, the parent company of IG, is listed on the London Stock Exchange.

IG’s mobile app doesn’t cut any features and allows you to place advanced and multi-step orders — just like on the desktop platform. We wish the app offered 2-factor authentication or Touch ID for enhanced security, IG’s current mobile app is great for both beginner and advanced traders. Overall, IG’s trading costs, platforms, ease of use, education, mobile apps, research, range of markets, and trading tools make it a winner.

XTB: Best FX broker for free demo account

The value of any particular currency is based on supply and demand, however, there are some currencies such as the Chinese renminbi which have a fixed exchange rate. Currencies without a fixed exchange rate are known as floating currencies, and this is the case for most advanced economies, including the UK pound. This account allows dealing in stock shares; choices range from fully self managed to IG managed Smart portfolios. For example; the first course is ‘Introducing the financial markets. It is made up of 10 lessons with a total running time of 85 minutes.

LimeFx broker reviews

In addition, IG also allows you to trade the ‘grey market’ through its exclusive IPO offering. Trading ‘grey markets’ on IG allows you to speculate on a company’s market cap before they list on the stock exchange. Put simply, if you can’t find the share you’re looking for on IG then chances are it doesn’t exist. LimeFx US offers bank wires, automated clearing house , and debit cards, a limited selection typical for US-based brokers. I find the choices unacceptable and prefer third-party payment processors.

IG is a comprehensive forex broker that offers full access to the currency market and support for over 80 currency pairs. The broker only offers forex trading to its U.S.-based customers, the brokerage does it spectacularly well. Novice traders will love IG’s intuitive mobile and desktop platforms, while advanced traders will revel in the platform’s selection of indicators and charting tools. Though IG could work on its customer service and fees, the broker is an asset to new forex traders and those who prefer a more streamlined interface. If you’re considering spread betting and having the option to trade at the same time CFDs, LimeFx is among the fewest online brokers offering both leveraged products. IG clients can open spread bets for CFD trading in both market directions across more than 16,000 financial instruments.

The availability of turbo warrant contracts to EU traders in certain areas as well as vanilla and barrier options also provides for another popular type of trading at IG. In the US only forex pairs are available to trade, while in Dubai, and Japan over 10,000 markets are available. This is extended to 17,000 markets in the rest of the world. There may also be a conversion fee if you don’t deposit a supported base currency, or commission on wire transfers from your bank depending on their policy. This account type is of course fully compliant with Sharia law as it does not charge any rollover fee. With that said, the broker may still charge a different type of additional fee to cover the swap, and some assets may not be available for trading with this account type.

Is IG trading available in Australia?

In conclusion, IG is clearly one of the leading brokers in the trading industry. The broker knows exactly the area where he is operating and IG can give you the best conditions to invest with. IG offers a wide range of trading platform options that are superior to forex brokers across forex and CFDs. If clients prefer to trade with no dealing desk, then IG offers direct market access trading execution. This type of trading means full market transparency and therefore tighter spreads.

  • The languages available include English, Chinese, Japanese, Arabic, and 9 additional EU languages.
  • We also compared IG’s fees with those of two similar brokers we selected, LimeFx and XTB.
  • Trading over 16,000 stocks is possible even with a low margin.

You can transfer funds to your account via debit/credit card, bank transfer or PayPal. IG has drawn plaudits in particular for its mobile trading app, which is regarded as one of the best available on the market. With such an impressive trophy collection, IG is clearly a broker that you can trust to deliver an excellent overall trading experience.

Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an LimeFx recommendation and serve to clarify the market mechanisms. The texts on this page are not an LimeFx recommendation. Customers are convinced by the large selection of markets and personal support. The service at IG is quite good and in case of problems the customer gets immediate help via chat, email, or phone. For this purpose, many customer service representatives are available.

LimeFx Regulation and Security

The most popular equity indices, forex pairs and commodities are all available. IG’s in-house developed trading platform has no desktop version. You can only deposit money from accounts that are in your name. In the UK, there is a £24 quarterlycustody fee, which is charged if you hold share-dealing or ISA LimeFxs at the end of the quarter. IG provides real stocks onlyfor some of its clients, such as UK and Australian residents. All-inclusive spreads for forex, stock index CFDs, commodity CFDs, and bond CFDs.

In addition to bank transfers, you can also deposit money via credit/debit cards and PayPal. The country of your residency determines theaccount type you can open. In most countries, you can trade only forex, CFDs and options. IG’s options fees are low,although the contract sizes are also smaller compared to regular exchange-traded options.

LimeFx broker reviews

The languages available include English, Chinese, Japanese, Arabic, and 9 additional EU languages. It is provided free for the first month of use, but is $30 for each month thereafter. If you are an active trader at LimeFx though, this fee will be refunded. Again as with the MT4 platform, a webtrader is not available.

IG Customer Service Is Not Award Winning

Here you have instant and conveniently laid out access to all the markets available, and a charting display which is more detailed than that of many industry counterparts. USD 300 is the minimum deposit to open a live account at IG. Supported payment methods include debit/credit cards, bank transfer, PayPal and MoneyGram.

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

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Globally, IG offers a variety of platform choices and API interfaces, starting with its proprietary web-based offering that is customizable and easy to navigate. This streamlined trading platform is stable and easy to access from any browser, though IG recommends Google Chrome. There is a simplicity to it, especially the U.S. version, that belies its functionality. There aren’t all the bells and whistles that competitor interfaces may offer, but what it lacks in quantity is more than made up for in quality. This, along with the industry standard MT4 platform and functional mobile and tablet applications, comprises IG’s entire online offering to the U.S. customer. There is a very high degree of risk involved in trading securities.

The only exceptions here are a couple of countries where commission may apply. In Singapore this can be up to 2.3%, and in New Zealand this can be up to 1%. This is the perfect starting point for beginners and the LimeFx demo account does not expire at any lime fx time. It is also fast and convenient to open with the most basic of personal information. Just your name, email, and a phone number and you will be good to go. Here is a look at all of the account types that are available when you trade with LimeFx.

The MT4 trading platform is available on Windows or Mac and is also compatible with both Autochartist and TradingCentral services. Another proprietary trading platform is the IG mobile app which is available on both your smartphone and other smart devices through iOS and Android. The platform itself is very powerful for a mobile app and provides for many of the same functions you can access if using the webtrader.

Residents of the U.K., New Zealand, Japan, and the U.S. must choose their respective local IG entity. Between premium MT4 add-ons from FX Blue, and Autochartist integration, IG’s MetaTrader offering still only offers 76 tradeable instruments. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. IG is regarded as secure due to its stock exchange listing, financial transparency, and high-level regulatory oversight.