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On this app, there are a lot of experienced traders who share their ideas and trades. The social trading app is very user-friendly and easy to use. But the platform is only available for mobile devices at the moment. Get-real trading signals directly on your phone and start trading. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
Great experience with them so far, customer service was really good, Ron has been very helpful and ready to answer any questions I had. You may also join our Instagram page where our trading community enjoys market updates and much more – you may find ‘LimeFXofficial’ in Instagram and join us. Who contacted me about setting up limefx review my account and was very helpful and encouraging. LimeFX offers 44 forex options, in addition to over 1,200 CFDs. Alongside MetaTrader, LimeFX offers its proprietary platforms LimeFX WebTrader and LimeFXGO, with innovative features such as AvaProtect. At BrokerChooser, we consider clarity and transparency as core values.
A huge plus is that you can be confident about the withdrawal of your funds. The platform is good and the conditions are also satisfactory. LimeFX offers 256-bit encryption technology, with ring-fenced client accounts at Danske https://limefx.vip/ Bank. The highest security standards are in place at all times to guarantee the integrity of player accounts and information. Among others the site is WebTrust compliant, McAfee Secure and True-Site Identity assured.
LimeFX Retail Account
There are a number of ways to make this decision, including looking at the broker’s track record, regulatory status and also reputation. We are proud to say that most of the feedback we get is extremely positive. LimeFX provides trading ideas through Trading Central, a third-party research provider. The ideas are based purely on technical analysis, and cover certain commodities, stock indices, as well as most FX pairs. You can find them if you click ‘Trading Central’, then ‘Analysts Views’ or ‘Forex Featured Ideas’.
However, it acts as a flexible, one-for-everything account type, which makes the sign-up process pretty simple and quick. You can, however, opt for the swap-free accounts that cater to Muslim clients following the laws of the Shariah principle. The content on Dumblittleman is for informational and educational purposes only and should not be construed as professional financial advice.
Those who are new to trading can gain exposure to the markets whilst learning at the same time. It helps to shorten the learning curve by following expert traders who can provide valuable insight. On the other hand, experienced traders can save time by getting a clear view of the market, without having to perform daily research. LimeFX is primarily focused on the trader’s experience, combined with the strong financial backing and award-winning customer service available in 14 languages 24/5. I have always found their support team to be quick to respond and answer all my question in a helpful manner.
Or you can choose the “About Us” option and then click on ”contact us”. A webpage opens, which will contain a form to send an email along with a list of phone numbers of the support team, each for a different country. An order pending where entry is on the predetermined point below or above prevailing market rate and depends whether it is a sell or a buy.
Account opening
Our key responsibility to offer top notch services to all our traders. LimeFX professional account holders enjoy a tighter spread than retail account users. On top of account types, the spread varies depending on the type or class of the trading asset. The broker has developed the AvaOptions platform for options traders. This platform comes with interesting features like the “Risk Management Tool” that enhances your trading caliber and helps to gain control over your portfolios. Standing against the tide, this user hailing from the United Arab Emirates shared his positive experience with the broker.
- Compare your broker’s spreads with leading global brokers and find out which broker is the most profitable for your trading style.
- This is a very important thing about LimeFX which can help traders to enjoy the full extent of their deposits and make the most out of their trading.
- Pricing for retail accounts is in line with the industry average, but trails industry leaders.
- In exchange for a hedging cost paid at the time of purchase, clients can protect a particular trade against losses of up to 1 million dollars.
- With some 250 available instruments to trade, CFD traders will never be wanting for options.
The Professional account of LimeFX offers traders numerous benefits. In order to open this account, traders are required to demonstrate their experience in the market by showcasing their trading frequency and volume. By having licenses from so many jurisdictions around the world, LimeFX is able to guarantee the highest level of safety and security for its clients. The broker is also able to use these licenses to act as an international broker, offerings services to traders all over the world.
I also like the LimeFX mobile application, as I can start trading immediately without any problems from anywhere without using a computer. You can browse any market term you wish to learn more about, and learn how to use different trading styles and also get a better understanding in trading strategies and advanced trading tools. The minimum deposit to open a live account on LimeFX is $100. There are numerous options available for making deposits and there are no fees charged for payments. This account lets traders take part in this exciting, yet very risky trading venture. There is also an LimeFX VIP account available for traders, which is known for having very low spreads, starting from zero pips.
LimeFX Review Summary
These CFD options allow clients to trade assets that they don’t need to take possession of – they are speculative assets. CFD instruments include bonds, stocks, exchange traded funds, commodities and indices. LimeFX is a leader in the online Forex industry with a unique selection of trading platforms and financial instruments like CFDs, currencies, stocks and more. With a wide array of powerful software platforms to choose from, you can completely customize your trading experience.
Almost every broker you can name will have the MT4 platform available for its retail clients to trade on. Present in the market since 2002, MT4 is seen as the industry benchmark for traders. Professional education for tradersThe company offers more than a simple education center. There are daily webinars for the actual market situations and professional analysis with good trading ideas. Furthermore, LimeFX got professionally educated employees which can help you to understand and trade the financial markets successfully.
LimeFX has 300,000 registered traders who place more than 3 million trades each month and has executed more than $1.47 trillion in traded value since inception. LimeFX offers various deposit and withdrawal options, all of which are free of charge. It also has diverse and user-friendly research and education tools.
Which fees and costs can occur for traders?
Each platform provides traders with an enjoyable trading experience, presenting a variety of financial instruments across multiple markets, range of analytical tools, indicators and charts. There are over 1250+ instruments available for you to trade online through user-friendly platforms for desktop and trading apps. This includes the world’s most popular CFD platform, MetaTrader 4. There are a number of financial instruments that can be traded at LimeFX including stocks, commodities, indices, currencies, CFD, Bitcoin, ETF trading, Litecoin and Treasuries & Bonds. There are over 60 currency pairs that can be traded including GBP/USD, AUD/CAD, EUR/USD, GBP/JPY, NZD/USD, CAD/JPY, USD/CHF, EUR/JPY, EUR/GBP and others.
LimeFX offers a standard Demo with an account balance of $10,000. The demo account reflects market conditions and prices precisely. Personally, we recommend starting with a free demo account on LimeFX.This is an account with virtual money which simulates trading with real money. Traders can practice on the platform to learn more about the financial markets.
Automated Trading
Bonds and ETFs are also subject to spread over the market; the EURO-BUND has a spread of $0.03 over the market. The spread for commodities like GOLD is 2.9 pips, but for Platinum, it is $1.10 over the market. For cryptocurrencies, the spread is also charged over the market, like BTC has a 0.20% over-market spread rate. As stated on its website, LimeFX like most other brokers does not charge its clients commission on their orders. You will also find its spreads to be very competitive, like other similar online brokerages. You can trade the popular ones like the EUR/USD and GBP/USD pairs or go for less popular forex pairs like the USD/RUB.
Knowledge and education are prominent aspects of this commitment. These tools can help with analysing potential trading opportunities and improve your overall trading experience. Most traders could probably make do with the tools already included with the platforms but it is nice to have more available. I always like to experiment with new tools to see if they can help improve my trading strategies.