You can talk to them live, write them an email or call them. LimeFx on the other hand can be used in many instruments such as Crypto, Energies, Metals, FOREX, and Indices. And, what’s best about it is that you don’t have to pay anything to open an account but you will still get tight spreads.
The most commonly searched topics include learning about fundamental and technical analysis. This trading platform has furthered me a lot across my learning curve. I can say that I learnt much about trading here, thanks to their education and research section, and practicing what https://limefx.biz/ I have learnt on the platform. In early April, I opened an account and have since had a fantastic journey. By taking advantage of their deposit bonus, I was able to double my balance. The minimum deposits start from 100$, and according to the method may also vary from 50 to 100$.
However, it is possible and convenient for many individual users that want to trade against other investors from one currency to another. This is all thanks to their strict license regulations that protect even the new trader’s money. You can learn about the technical analysis on the website itself, although some information has been updated for current trends. There is also an ebook that comes alongside an educational glossary. You can find both of these under the “Education & Research” section on the platform.
LimeFx Trading Instruments
LimeFx makes the Metatrader4 comprehensive trading platform available to traders. The MT4 trading platform is made available for PC, SmartPhone and Tablet use. The broker has gained my trust for the time I work with it. For me reliability is of supreme importance, while trading conditions are secondary. If you work intraday, you should appreciate commission-free trading.
- Therefore, before trading, verify the LimeFx trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
- Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader.
- Thus using these mobile apps, the customer can earn good money on forex trading and offers a great advantage on trading experience.
- LimeFx is regulated by trusted organizations, providing recourse for any issues.
- If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value.
LimeFx customers have instant access to the financial market and can completely manage a Portfolio on the go. LimeFx also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. LimeFx is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
An economic calendar is an invaluable trading tool which is often overlooked and undervalued by traders. Being ahead of the curve; knowing the timetable of economic releases by way of a calendar, is an absolutely vital aspect to support trading performance. I believe that having access to a thorough, comprehensive and detailed economic calendar, is extremely important. I would always like to check a calendar prior to taking any trade decision. The broker can accept clients from most countries but does not provide services for United States residents and/or citizens.
Does LimeFx trade Cryptocurrencies?
When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. Compared to other brokers, LimeFx offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow. Trading CFD trades on the LimeFx platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
no minimum deposit and tight spreads
LimeFx does not charge a commission per trade while all costs are presented by the spread from 0.1 pips. You may refer to the current comparison of spread for the most traded instruments, as well as compare LimeFx spread to another popular broker BlackBull Markets. Also, an additional entity LimeFx serves is located in St. Vincent & the Grenadines . However, since LimeFx is additionally authorized by the European regulator it is considered to be safe to trade with them. LimeFx is not a scam, it is a regulated broker holding European license ensuring trading safety and client protection, as well as negative balance protection in case of insolvency. A selection of free downloadable e-books and PDFs is also provided.
LimeFx MetaTrader 5 Advanced Trading Tools
The broker offers competitive and favorable trading conditions with low costs. Broker’s offering also includes no minimum deposit requirements making it a very suitable broker for beginners. Being an NDD broker, LimeFx doesn’t take the other side of the trade meaning the broker is firmly on the traders’ side. All the orders, stops, limits, and trades are executed with counter-parties. What is also great, LimeFx used technology to provide efficient and transparent pricing with the most possible low spreads.
So, I am currently working with three brokers, and one of them is LimeFx. At first, I wouldn’t say I liked the small selection of cryptocurrencies, but I appreciated them when I took a deep look at their trading conditions. After all, I often scalp, and their low spreads create favorable conditions for this. I want to recommend to everyone my strategy of saving funds. LimeFx Forex trading platforms, like most ECN brokers, are based on a highly regarded MetaTrader4. The platform is available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects, and charting tools.
How do I know I can trust these reviews about LimeFx?
If considering trading financial assets with LimeFx, evaluating the LimeFx platform is important. Evaluation includes researching the LimeFx management team, track record, and services. Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like LimeFx.
Access the Global Markets with ECN XL Account
Major countries LimeFx covers include
the UK, Germany,
South Africa,
Thailand, the United States China and Australia. All payments made to LimeFx by traders are securely held in a segregated bank account. 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. I noticed many traders complain about absence of accounts choice, nevertheless, I just want to note that surplus of them isn’t welcomed.
On top of all the trading options that it brings, the user experience here is amazing because of the graphical view as well as the reliability. The FOREX and CFD broker allows traders a trading limefx review environment without any commissions that come with relative competitive spreads. If you want to open an LimeFx trading account, you will need to leave a minimum deposit of 500 USD/EUR/GBP.
There are also forex calendars that can help schedule upcoming events that can cause volatility of the currency markets. Cryptocurrencies have been around for about a decade now, and in the last few years, they have seen an unprecedented rise in value. A cryptocurrency is a medium of exchange like normal money but can also be used as a form of payment without involving any middleman or a central authority like banks. The boundaries between virtual and physical worlds are blurring with the entry of cryptocurrencies.