IG Trading USA: Trade FX Online with a Top in Class Forex Broker*

Experienced and intermediate traders will love LimeFX’s impressive range of technical indicators. From moving averages to the Ichimoku Cloud, you can use over 90 indicators to help inform your trading. You can even add multiple indicators to a single chart with just a few clicks. A contract that grants the holder the right, but not the obligation, to buy or sell currency at a specified exchange rate during a particular period of time. For this right, a premium is paid to the broker, which will vary depending on the number of contracts purchased.

For qualified clients, EA hosting services are available to run your strategy on a secure VPS environment. If you’re not ready, then try our no-risk demo account with $50,000 in virtual funds. On top of that, you can learn the core concepts of trading at our Trading Academy.

• This is the amount that a dealer charges for making the trade.
• A bank transfer can take several business days, while payment with a credit/debit card is instant.
• For traders who are seeking ultra-tight spreads with fixed commissions.
• The STP Pro Accountprovides access to the tightest possible spreads and receives commission discounts when you trade high volumes.

It’s time for you to experience the confidence and peace of mind that comes from trading with a leading broker. Manage your account and trade on the go with ease, using one-swipe trading and quality execution. Access 30 of the most popular technical indicators, three chart types, nine time frames, 24 analytical objects, plus free chat https://limefx.biz/ and email with the largest community of traders. Use MetaTrader with us and access exclusive tools such as integrated Reuters news, LimeFX research, and Trading Central technical analysis. Plus, access our exclusive EAs and indicators at no extra charge. Market volatility, volume, and system availability may delay trade executions.

BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . We tested it and collected the options and costs in How to withdraw money on LimeFX. Check out the current account balance requirements at LimeFX in our What is the minimum account balance at LimeFX article. Is LimeFX legit features all the key aspects you need to look at to see if a broker is safe and legit.

What’s great about online forex brokers is that they offer demo accounts. LimeFX also offers clients the Market Strategist service. It is a personalized service for trades that meet the requirements.

If you then sold the 200,000 EUR/USD with the same 0.2 spread, you would be charged $10 in commission plus the spread cost of $4. If you only sold 50,000 of your position, limefx cheating you would be charged $2.50 in commission with a spread cost of $1. Now that you know a little more about forex, we’ll take a closer look at how to make your first trade.

Markets and products

LimeFX offers a positive swap on assets where market conditions warrant. Equity CFDs cost a minimum of 0.08% per trade or $0.018 per share per side for US-listed assets, 20% cheaper versus most brokers. I rank trading costs among the most defining aspects when evaluating a Forex broker, as they directly impact profitability. LimeFX established itself as an industry leader and is an overall trustworthy broker.

• New traders and seasoned veterans alike will love LimeFX’s extensive education and research center that provides free, informative forex trading courses at multiple skill levels.
• Forex traders take long and short sale positions on currency pairs, which calculate the exchange rate between two forms of legal tender, the euro and the U.S. dollar .
• It’s even more helpful when the broker provides a comprehensive add-on library, with contributions that make trade management an easier task.
• CFDs are leveraged products and as such loses may be more than the initial invested capital.

Please be aware that these awards are not inclusive of all brokers and/or only the brokers that chose to participate in the given event were considered for such awards. As part of a NASDAQ-listed company, we’ve got financial strength and security you can depend on. Join one of our regular live webinars and learn with the LimeFX experts. Discover new strategies, get trading tips, preview upcoming events, and more. Take advantage of Reuters news, market analysis, and our economic calendar. Buy and sell with a single swipe, access our exclusive Performance Analytics and SMART Signals, build multiple personalized watchlists, and customize your layouts to suit your trading style.

Forex and CFD Market Data

We operate in highly regulated environments, with strong oversight into trading practices and execution. Designed for serious high-volume FX traders looking for direct pricing from top-tier liquidity providers. When a price for a market is quoted, you will actually see two prices.

Take advantage of one-on-one guidance from our market strategists to develop and maintain a strong trading strategy. Practice your trading strategies with a LimeFX demo or an MT4 demo with up to $50,000 in virtual funds. Both our Standard Account and Commission Account are REST API compatible. Deposit as little as $100, though we recommend starting with at least $2,500 to allow you more flexibility and better risk management when trading your account. Get a suite of over 20 apps including custom indicators and nine expert advisors, such as the Sentiment Trader.

Exotic pairs are made up of currencies from emerging or small economies. These countries can be based anywhere in the world, but they tend to be in Africa, Asia, the Middle East and Pacific regions. Brokers will typically compensate for the lower liquidity by offering wider spreads. The change in value between the two currencies is where you’ll make a profit or a loss. For example, the currency pairGBP/USDhas GBP as the base currency.

Home in on trading patterns with time frames ranging from one-minute to monthly. Use a wealth of customizable indicators that can be saved to templates to match your trading styles or needs. Remove something if you want to add this account to the comparison. Earn cash rebates and access other exclusive benefits with the Active Trader program. When creating a demo or a MetaTrader 4 account, you’ll be using our Standard Account. Flexible account types give you the option of choosing a pricing model that best suits your trading style.

Some brokers have integrated security features like two-step authentication to keep accounts safe from hackers. This is a full list of retail Forex brokers that offer online currency trading services. Click on the broker’s name to get more details about it and read traders’ reviews. Yes, LimeFX offers a free $ demo forex trading account with no risk and no obligation.

TradingView Pro

LimeFX caters to most international traders from its nine subsidiaries, including the US, South Africa, the UK, Canada, and India. MT4/MT5 has thousands of EAs, and traders may explore them to determine if they suit their trading style. MT4/MT5 platforms are only available in the expensive commission-free Standard account.

Winner of FX Weeks e-FX 2019 Award for Best Retail FX Platform of the Year. The FX Week e-FX Awards is a submissions-based process where companies are invited to enter the judging process. Awards are given by FX Week judges, based on demonstrating innovative ideas implemented in a practical way for solving issues for clients. IG US is compensated through an intragroup hedging arrangement with its affiliate, LimeFX, Limited. When you trade shares or commodities, the leverage is lower.

Company

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFX offers an impressive selection of research and education tools for traders at every expertise level. From live webinars to beginner and advanced risk management courses, every trader can learn something new when they open an account with this broker. Extensive research and economic analysis tools should highlight currency pairs that might offer the best short-term profit opportunities. This section should offer free third-party commentary and insight from industry experts as well as real-time news and live webinars.

Traders may choose from three account types at LimeFX, but one requires higher deposits. I recommend traders carefully consider trading costs at each account, as the difference makes a notable impact on profitability. The DMA account features Forex spreads from 0.1 pips for a minimum commission of $6.00 for a final cost of $7.00 but is lowered up to 67% via the volume-based rebate program to $3.00. In addition to the incredible educational opportunities LimeFX provides, you can apply everything you’ve learned by trading directly in the forex market. You can also benefit from trading and learning in the same place because there’s no need to learn two different platforms. This allows traders with a balance of at least $10,000 in their account to receive a cash rebate on their traded volume.

We’ve automated every aspect of the trade process to ensure your trades are executed as fast as possible at the price you expect – or better. I understand that residents of my country are not be eligible to apply for an account with this LimeFX offering, but I would like to continue. Yes, we are able to provide tighter spreads on Commission Accounts. If you have a Standard Account, your pricing is spread-only and you will not be charged commissions at all. For example, if you bought 200,000 EUR/USD with a 0.2 spread on your Commission Account, you would be charged $10 in commission plus a spread cost of $4.

In short, LimeFX gives you top-quality trading platforms and a solid foundation from which to grow as a forex trader and hopefully apply your knowledge to increase your net worth. LimeFX also offers its Commission and STP Pro accounts that involve paying commissions. Commission accounts incur a fee of $5 per 100k traded, but they have reduced spreads when compared to the Standard account. The amount of money you can expect to pay in commissions varies depending on how often you will be trading. For currency pairs, the bid is the highest exchange rate the broker will pay, while the ask is the lowest exchange rate the broker will sell at. The difference between the bid and ask rates is called the “dealing spread”.