With this program, a trader will the opportunity to copy the trades of the top performing traders. As for the trading costs, FXTM charges a mix of commissions and spreads on the trades that are executed on FXTM’s trading platforms. For the commission trading, FXTM charges https://limefx.club/ $2 per lot for ECN trading. As for the spreads offered by FXTM, they are extremely competitive and can goes as low as 0.1 pip depending on the type of trading account used by the trader. FXTM is an award-winning broker with strict regulation in multiple jurisdictions.
- I am fan of the digital wallet payments as I can get quicker access to my fund which is important to me as I may need to react quickly to some unexpected market news.
- Our main concern is that FXTM’s trading costs are higher than other brokers and that it charges fees for all withdrawals.
- In addition to the company’s international regulation, it practices segregation of client funds.
- There is a good range of instruments to trade including the usual Forex and shares option.
- Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA) and the United Kingdom.
There is also the option to buy or sell as a way to boost profit potential. There are actually FXTM Trading Signals, which are all created to interpret fluctuations in key financial instruments based on price. In terms of statistics related to clients and customer service, the average wait time is less than 12 minutes. More than 84 percent of client funds are processed within just five minutes.
LimeFX Market Analysis
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. It would be better if they could add support for some more currencies, especially considering they have a global clientele. Keep in mind that there is a small inactivity fee of $5 if your account has no trading activity for 6 months.
This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices. It also includes detailed trading history, 21 timeframes, 3 chart types, support for 18 languages, over 300 tools, real-time quotes, reliable data protection, and one-click trading. One very useful part of the LimeFX website is a comparison between MetaTrader 4 and MetaTrader 5. That way, clients can choose which platform from MetaQuotes will work best with their FXTM trading experience. Its user-friendly features are cutting-edge, and they will have access to all of the major trading instruments.
Company information
The two main types of accounts at the broker are Standards Accounts and ECN Accounts. The company is regulated in the E.U and U.K and the promotions and bonuses are also permitted away from the places. In other regions, during writing time FXTM will offer a 30% sign up or welcome bonus that’s capped at $300. FXTM provides negative balance protection for forex spot and CFD trading, but only for all its clients. You can decide if you want to be an Investor or a Strategy Manager.
Mixed Trade As Focus Turns To US CPI & Fed Minutes – FXTM
Mixed Trade As Focus Turns To US CPI & Fed Minutes.
Posted: Wed, 12 Apr 2023 07:36:50 GMT [source]
It is regulated by three national authorities, including the UK’s FCA, ensuring traders are well-protected. You can also use Visa, MasterCard, and Maestro by paying a commission of $3. Usually, the profits hit traders’ personal accounts in just 24 hours. LimeFX is also home to a five-level loyalty program, which rewards loyal traders with bonus offers, cash back, and many other benefits.
Deposit and withdrawal
LimeFX provides technical and trading support as well, exclusive privileges for VIP clients, and makes it easy to open accounts. Finally, LimeFX offers VPS hosting to allow for an enhanced trading experience. By using a Virtual Private Server, FXTM clients can enjoy a 99.9 limefx percent operational connection time, an optimal connection speed. Additionally, FXTM offers a quarterly market outlook so traders can stay ahead of the markets. This market outlook includes the potential movements within the forex and commodity markets in the coming months.
Another way the broker has committed to improve the trading experience is by providing traders with educational webinars that are freely available to all clients and available in multiple different languages. I appreciate how they are multilingual as it shows the broker is catering to the global trading community. With the Forex News Timeline you can receive live market news straight into your trading platform or via the brokers website. These articles are informative and powered by popular forex trading website FXStreet. The Economic Calendar allows you to keep up to date with economic news releases, delivered in real time and with an impact rating. I think that a news calendar is a vital tool to incorporate within your trading strategy.
Deposits and withdrawals
We may receive compensation when you click on links to products we review. The name of the Sender must match the name registered with FXTM.2. All transactions sent in a currency that differs from the currency of your account will be automatically converted at the FXTM conversion rates.3. If the deposit is successful, it will be posted to your account shortly. There might be a delay if FXTM or the payment provider is unable to verify your information.4.
- Professional traders can also access negative balance protection and use segregated retail investor accounts that keep their funds safe on the platform.
- Note that MetaTrader 4 trading app is also available, which has revolutionized the trading experience as traders can now react to trade movements at lightning speed on any mobile device, including iPhone or Android.
- To use the position size calculator, enter the currency pair you are trading, your account size, and the percentage of your account you wish to risk.
- The forex glossary is composed of various important keywords, trading terminology, and phrases related to forex.
- With FXTM, traders are able to trade a nice range of instruments.