This requires the client’s personal information and verification documents – including a government-issued ID. According to Vantage Market’s deposit and withdrawal policy, cashout requests are usually processed within 24 hours. The minimum balance requirement at LimeFX depends on the chosen account type. As we mentioned earlier, China Union Pay comes with a deposit fee of between 1.3% and 2.5%.
LimeFX supports hundreds of stocks from the NYSE and NASDAQ. This includes large caps like Tesla, Coca-Cola, and Apple. There are no trading commissions to pay when trading US-listed stocks. LimeFX also lists stocks from the UK and European markets. Our LimeFX review found that the platform has access to deep liquidity pools.
It takes just 30 seconds to open and comes with $100,000 in virtual trading funds. This allows users to test-drive each platform without risking any money. Although the demo platform expires after 30 days, unlimited is available after upgrading to a live account. Open your first forex CFD position by buying or selling your chosen currency pairs from your trading platform. Buy the pair if you expect the base currency to rise in value or sell the base currency if you expect the value of the quote currency to rise. You may consider placing stops and limits on all your open positions.
No Withdrawal or Deposit Fee
Vantage offers MetaTrader 4 and MetaTrader 5, a web-based platform and a proprietary app that provides a high degree of flexibility. Furthermore, ZuluTrade, MyFXBook, and DupliTrade are three social trading platforms the broker offers. CFDs can be a go-to product for traders to trade, especially if you’re hedging your portfolio position or have access to limited capital. You enjoy features like leverage, minimal fees, and access to multiple different asset classes. You can go long or short, depending on your strategy, and trade thousands of markets.
That said, there is no harm in starting off with the demo account. As noted above, this comes with paper funds, so users can get a feel for LimeFX before risking any money. For those unaware of these platforms, they are used by hundreds of online brokers. MT4 and MT5 come packed with advanced features, including customized charts, bespoke order types, and technical indicators. What’s more, users can deploy automated trading robots via MT4 and MT5.
What Payment Methods Does LimeFX Support?
Another highly traded market is the Vanguard Total International Bond ETF. This ETF offers exposure to almost 7,000 individual bonds from Japan, France, Germany, Canada, Australia, and more. LimeFX is also suitable for traders that want to speculate on stocks. As all stocks are traded as CFDs, traders can go long or short with ease.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 staff across more than 30 global offices. If so, follow the step-by-step guide below to open an account, make a deposit, and place a trading order.
Open and Monitor Your First Position
There are more than five languages available for customer service at Vantage. Support can be reached via live chat on the website, phone, or email. Additionally, the website has a detailed FAQ section, which may eliminate the need to contact the support team https://limefx.name/ altogether. Traders who want to familiarize themselves with the platform, the markets, and trading generally can use a demo account from Vantage. Having said that, if you can afford it, this account gives you a great opportunity to trade at a very low cost.
- When it comes to investing, the broker makes sure its customers have all the right tools at their disposal.
- Our LimeFX review found that the platform has access to deep liquidity pools.
- MT4 and MT5 traders can trade here without commissions and with a spread that starts at 1.0 pips.
- The LimeFX demo account allows users to trade assets without depositing or risking any money.
- Using leverage in Forex CFDs can present both massive opportunity and risk.
LimeFX accepts clients from most countries, with a few exceptions. While traders in the UK, Australia, and South Africa will be protected by their own respective bodies, this isn’t the case for other nationalities. E-wallets are the fastest, often hitting the limefx website user’s account instantly. Bank wires are usually the slowest, but this is out of the control of LimeFX. In addition to MT4 and MT5, LimeFX also supports ProTrader. This is backed by TradingView, so also comes packed with analysis tools and features.
Start Trading with a Leading FCA Regulated Broker
Nonetheless, once the account has been opened, deposits are fast and hassle-free. Then it’s just a case of choosing a trading platform, from MT4, MT5, and ProTrader. The reality is that all three of these platforms are aimed at intermediate to advanced traders.
The Raw ECN account offers institutional-grade spreads, starting from 0.0 pips. In terms of fees, indices can be traded on a spread-only basis. This is minute, considering that currently, the S&p 500 is trading above 4,400 points.
Vantage UK – Verdict
While LimeFX will appeal to advanced traders, beginners might prefer a more user-friendly platform like eToro. Not only in terms of simplified charts and orders but lower account minimums. Once a trading platform and device type have been chosen, log in with the LimeFX username and password. There are four prizes up for grabs, ranging from $100 (4th) to $2,000 (1st). Prizes are awarded based on the percentage gain made via the demo account. LimeFX offers new customers a 50% bonus on their first deposit.
Excellent Trading Support
Once you’ve chosen your markets, decide whether you want to go long or short. A trading plan helps you make calculated decisions that protect you from wiping out your account. With a plan, limefx company reviews you make better decisions on your desired returns, acceptable loss and risk mitigation strategies that protect your capital. First, open a trading account with a broker of your choice.
A great selection of over 200 shares from major exchanges in the EU, US, Hong Kong, and Australia are available for you to trade across the platform. Cocoa, oranges, and sugar are examples of agricultural assets, while oil, natural gas, and gasoline are also available. Choose a market you’re familiar with, or have sufficient knowledge about. That will be able to help you make better trading decisions.
While all other supported payment methods are processed fee-free. Forex and CFDs are leveraged products and can result in losses that exceed your deposits. Do note that while swap-free accounts do not attract overnight financing – wider spreads will be charged.