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For instance, for the Islamic account, there are different fee structures compared to Standard and Professional accounts. At LimeFX, professional traders will appreciate the broker’s technologically advanced ThinkOrSwim platform and its powerful investment tools. At the same time, a vast library of educational resources on the LimeFX website will help new traders get into the game. Since forex trading involves regularly moving funds to and from the broker, you want to make sure that you can do this quickly—and, ideally, cheaply. Among LimeFX’s state-of-the-art trading features, you’ll find one-on-one training with a personal account manager. LimeFX also uploads daily market analysis videos to YouTube and provides a plethora of content on its educational website, The Sharp Trader, and even an ebook that clients can download for free.
Promote an established, highly regulated brokerage with a strong international presence and regulatory licenses across 6 jurisdictions. LimeFX has built a global reputation for excellence over the last 15 years, and is an innovative and reputable brand. LimeFX’s transparent operation means you can always see exactly how much you’ll pay before you commence with a transaction. And since four tier-one jurisdictions alongside two tier-two jurisdictions publicly trade and regulate LimeFX, this company is a low-risk option for new traders.
Almost every financial market that is currently popular in the trading industry can be found with the broker, which was the primary goal of LimeFX, as well. The list of the tradable financial instruments with the broker includes currency pairs, shares, stock indices, commodities, cryptocurrencies, and bonds. Despite the great variety in the available trading portfolio, the major focus of the broker actually is directed towards Forex trading.
#2 LimeFX: Regulated Broker With The Lowest Fees
A copy trading platform allows you to choose an expert trader to follow and then copy their trading movements for a monthly fee. Most of the traders who have an understanding of the basic requirements in Forex trading will ask about brokers’ regulations in the first place. The regulations guarantee the safety and security of your funds and protect you from any downturns that the broker might LimeFX Review: Is This a Scam or Good Forex Broker experience. In the end, it’s up to you to decide whether or not you can afford to take the high risk of losing money in pursuit of a big payday, especially in the case of CFDs. If you decide to proceed in trading forex currency pairs, we hope our reviews will help you find the best forex broker for your needs. CFDs are complex instruments and come with a high risk of losing money.
Vantage FX holds an Australian Financial Services License with the Australian Securities and Investment Commission . The FCA and one three-tier regulator also oversee the broker, making it average-risk. However, keep in mind that Vantage FX isn’t publicly traded and doesn’t operate a bank. Choose a tailor made commission plan that suits your affiliate business model and allows for rapid future growth.
Fees Commissions And Spreads
Ultimately, the goal of regulation is to ensure that currency trading is fair for all parties involved. Either way, make sure you also read the fine print for “hidden” fees for withdrawals, inactivity, and overnight financing charges. For instance, in the United States, the Securities and Exchange Commission or the Commodity Futures Trading Commission regulates most brokers.
Get a deeper understanding of your traffic with intuitive Dashboard and advanced analysis tools. Our partners are the backbone of our marketing efforts, and you deserve the best when it comes to tracking your performance. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. We include different instruments and holding positions overnight.
LimeFX runs one of the most famous affiliate partnership programs for their fellow traders. This program allows the clients to work from home and receive rewards for Financial instrument each referred trader. It requires a simple understanding of marketing over the internet and you can join the Exclusive Partners Program of the broker with ease.
Their trading platform is simple, but also intuitive, allowing you to manage your investments quickly and easily. After many hours of research and analysis, we compiled a list of the 5 top forex brokers for 2021. Benchmark the number of downloads & user rankings against actual usage data (Similarweb’s Usage Rank) to discover how successful is the marketing strategy of your competitors. The minimum deposit at LimeFX is $100, or 100 units of the base currency. Your currency options include USD, EUR, GBP, and AUD, giving you plenty of flexibility to trade in a way that suits you.
Promote A Highly Regulated Brokerage With An Excellent Reputation
In 1992, Saxo Bank is licensed in six tier-one jurisdictions, making it a low-risk choice for forex traders. With whopping 40,000-plus instruments to trade, including over 9,000 CFDs, Saxo Bank is one of the most comprehensive brokers out there. Yes, you can trade forex in the United States as long as you use a U.S.-compliant broker.
- Furthermore, each affiliate has a dedicated account manager to assist and support him or her throughout the program.
- If you’d like to try out the XTB trading platform, they offer a free demo account.
- On the other hand, such interest rates are primarily against the Riba principles of Sharia law, which makes trading not desirable for the Muslim community.
- Unlike Saxo Bank and LimeFX, LimeFX actually caters to U.
- To gain so many reputable licenses, LimeFX must be acting financially responsible at all times.
It furthermore lets the users get knowledge and expertise from the industry-leading experts in the Forex industry. The app is the most popular choice for beginner traders and is supported on all devices. At the moment, the broker has more than 300,000 active users registered on the LimeFX trading platform. The customers of the broker can diversify their trading portfolio with over 1250 financial instruments available.
Can You Trade Cfds On Forex Pairs?
As a bonus, clients can experience the IG platform for free with a complimentary demo trading account before activating a live account. The traders who join the Forex Affiliate Partnership of LimeFX review the whole library of the sources dedicated to marketing and other educational materials. Furthermore, each affiliate has a dedicated account manager to assist and support him or her throughout the program.
In reverse, if you sell a currency that subsequently declines in value versus the currency you bought, you’ll come out of the trade with more money. Trading costs will depend on which account type you choose, but in general, the commission-based Raw ECN account is the ideal option for traders on a budget. Based in Cyprus, LimeFX is regulated by the Cyprus Securities and Exchange Commission and other financial authorities worldwide, including the FCA. Regulation by such top-tier entities makes LimeFX a low-risk forex broker. However, with so many forex brokers to choose from, finding a reliable broker that you can trust is no easy task. There are quite a few traders who are opening and closing their trades on the same trading day.
Unlike other forex trading platforms that intimidate users with countless options, the IG US platform offers beginners and advanced traders an intuitive, easily navigable interface. Clients can browse available pairs, make bids, and enhance their trading knowledge with a few clicks of the mouse. LimeFX offers a wide range of automated trading platforms, including its proprietary WebTrader, AvaOptions, and award-winning LimeFXGO mobile apps, as well as the full MetaTrader suite. LimeFX provides a client-focused user experience across all these platforms, including a variety of tradable instruments and a 24/7, 14-language customer support desk.
Forex is just one of many types of financial instruments—that is, assets—that you can trade. These assets can be cash, shares, bonds, or physical commodities like oil, gold, and agricultural products. When choosing an online broker, make sure that it supports the instruments that you want to trade. LimeFX offers a fixed trading commission, no minimum deposit, no platform fees, and no data fees. Unlike Saxo Bank and LimeFX, LimeFX actually caters to U.
Our commission plans offer flexibility, transparency and maximum profitability to suit your business needs. Track your performance and commissions using an unlimited set euro dollar forecast of parameters – predefined or user-defined. Access a wealth of marketing materials – all easily segmented by location, language, operating system or product type.
They are a regulated forex broker with over 15 years of experience and offices in over 13 countries including UK, Poland, Germany, and France. Their low spreads and high range of assets make XTB one of the most popular brokers to trade with. In the wake of reviewing LimeFX and getting more insights regarding the services and products that it offers to traders, we can say that LimeFX is a genuine and legit Forex brokerage firm. Throughout the long term, it managed to figure out how to win various honors on account of the high-quality service provision and it has pulled in upwards of 300,000 customers.
To claim your 50 percent deposit bonus, you need to submit an opt-in form and make a deposit between $200 and $500 within 10 business days of creating your account. Promote a highly regulated brokerage with an excellent reputation. Plus, a demo account allows you to familiarize yourself with the platform—helping you avoid potentially costly errors—and test different strategies. A variable spread will change depending on the traded asset, volatility, and available liquidity. In addition to the spread, the broker may charge a commission based on the amount you trade. The competitive fees and spread costs make it simple to get started, while trade commission charges depend on the “cross” between the bid and asking price.
LimeFX is opening the global markets and creating endless trading possibilities. AvaPartner wants to build profitable long term partnerships with its affiliates. Partners receive access to our cutting edge reporting dashboard that offers full transparency, high converting marketing materials, and expert affiliate advice and support in your language. Beware of forex brokers licensed offshore, especially in Belize, Vanuatu, and various island nations.
LimeFX only charges the commission for opening a position, though, and the amount can decrease if you trade more and/or hold a higher account balance. Increase your revenues by promoting LimeFX’s complete asset index. In addition to trading CFD’s where you can trade the latest cryptocurrencies, forex, stocks, bonds, ETFs and indexes, you can promote options too!
Ranking Stats
More experienced traders have an option to register a professional trading account instead of the standard one with an LimeFX Forex broker. However, the clients should satisfy certain criteria in order to become eligible and create a professional account. First of all, the broker requires that you have sufficient trading activity throughout the past 12 months with LimeFX. Meaning that the trader should have carried out transactions in significant size at an average frequency of 10 per quarter. The markets eligible are leveraged CFDs, Forex, or Spread betting.