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They can start with the basic facilities to go high in risks and rewards. All the regulations and transparency of the firm and broker make it a legit broker. It is not a scam but a well-authorized broker to trade and facilitate trading.
LimeFX.com is a client-centric trading platform that puts your needs as a trader first. As its namesake suggests, LimeFX breaks it down to the basics. The brains behind the trading platform focused on providing maximum flexibility, by empowering traders to pick and choose their own pathway to success. Regardless of your chosen trading tactics and strategies, you can use all of the tools and resources provided to optimize your sessions. Between % of retail investor accounts lose money when trading CFDs. FXreviewsaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market.
Traders need to provide accurate information while signing up such as email, name, contact details. Once the registration is complete the trader can choose the type of account which suits them on their minimum deposits. The safety of this leading Forex broker is a key feature of its attractiveness to traders. It has won multiple awards https://limefx.group/ over the years for best forex trading broker, best platform, best trading application, best execution broker, best forex broker, et al. These awards from leading authorities such as World Finance, ADVFN, and A+ OZ are considered the gold standard in the industry. Your files are safe and secure, and all trades are protected.
MT4 is the most used and popular trading platform in forex trade. It is user-friendly and flexible to use, therefore used globally. MetaTrader4 provides traders with the facility to customize the platform as per needs, and other than this has many features like market order execution modes for future trade decisions. LimeFX broker does not charge any kind of commission or deposit fee from its clients.
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- The entire responsibility for the contents rests with the contributors and commentators.
- The traders can use different forms of deposits such as Bank wire transfer, debit cards and credit cards, eMerchantPay, SafeCharge, SolidPay.
- Margin and leverage both play an essential role in holding a high position in the market.
- We were most impressed by the completeness of this trading brokerage.
My experience with LimeFX is Ok, their registration process is very smooth. But I do not get a satisfactory answer from Customer support. The broker offers a straightforward account opening process.
In cryptocurrency, it offers more than 50 assets, which include some of the most popular cryptocurrencies like Bitcoin and Ethereum. It offers Metatrader4, which can be accessed through mobile, web, and desktop to analyze, buy, and sell various market assets. limefx broker reviews FXBFI Broker Financial Invest Ltd owns the LimeFX platform, and it offers a great user interface where the users can view the trade history on the platform. The features and functionalities offered by the platform are very useful for the new users.
Demo account
There is no maximum deposit amount, but if you are depositing via bank transfer, the minimum amount is 1000 USD/GBP/EUR. Another thing we liked about the mobile app is that it supports price alerts just like the WebTrader platform. Alerts can be pushed to your device’s home screen, making it easier to stay on top of the market without constantly watching the charts. One thing to note about LimeFX’s demo account is that it requires you to set up a full brokerage account and to make a $250 initial deposit. As a result, the demo account isn’t a great option if you simply want to test out LimeFX before committing to the platform. Another important shortcoming is that WebTrader only offers around 30 technical indicators and drawing tools.
You can trade stocks, forex, commodities, and crypto, all through CFDs. You also get access to two different trading platforms, including MetaTrader 4, to analyze the market and manage your trades. We thoroughly reviewed LimeFX.com from a trader’s perspective. You can easily source information related to products, trading platforms, educational resources, legal frameworks, and customer support.
Traders have to follow the five simple steps which include personal information, account details, uploading KYC, and depositing the funds. 101LimeFX offers three main accounts namely, Silver Account, Gold Account, Platinum Account, Professional limefx review Account, Demo Account, Islamic Account. Each account has unique features such as leverage and trading experience. Traders can visit the website LimeFX.com and they need to complete the registration as well as the verification process.
As per our review, this broker also offers a dedicated FAQ section where the users can find answers to some of their queries. The answers are very easy to understand and are very helpful for the users in times of need. Indicators, analyzers, and chart patterns, which can be used by the traders. This broker uses both third party and in-house software to help the users to make the most out of trading. Inactive over 61 days, the trader is charged 80 Euros as an inactivity fee for the inactive period.
Mobile Trading App
You can access trading platform from mobile, desktop and web portal. Similarly, the indices have a spread of point 1 for FTSE100, and commodities like crude oil have a spread of 0.03; silver has 0.037, and gold has a spread of 0.37. This page requires traders to pay the initial deposit amount to start trading.
The firm was established to offer numerous unmatchable trading services with top-notch quality educational content for all the users on their site. Note that the content on this site should not be considered LimeFX advice. This site is not intended for use in jurisdictions in which the trading or LimeFXs described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your LimeFX may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site.
Our recommendation: Trading at LimeFX Experience and Test 2022
You have to know how much mone yyou’re able to put in or withdraw from the platform in order to tailor a strategy. Location – you need to be very well aware of the current legislation of your country on the matter of cryptocurrency. Even if you’ve found the best bitcoin broker in terms of sheer functionality, if it doesn’t operate in your particular region there’s no use of it. Finally, we remind all those who are interested that LimeFX has also prepared a useful mobile app for those who prefer to trade with their smartphone or tablet.
I was only with them for several weeks in May/July of 2019. During that time, my account manager Guy directly caused the loss of all of my deposits. Not only did he try to convince me to borrow money to then put in what was a risky LimeFX, but he also did not even seem concerned that his advice caused my losses. His only concern was how much money and how often I would deposit money into my account. This did not stop him from causing me to lose all my money. I have found out that LimeFX is actually the same people as LimeFX, who are now giving up their license supposedly voluntarily.
LimeFX has three trading platforms, MetaTrader4, Webtrader, and Mobile application. All three platforms help clients of LimeFX in the forecast of the trade and invest accordingly. In addition, trading platforms have the tools and analysis of the market for better judgment.
App
LimeFX is a CySEC regulated broker that is offering investors to trade on more than 350 assets via its own proprietary trading platform, the LimeFX WebTrader, and the MT4. In addition, this broker offers users an extensive range of features and trading tools including high leverage, a free demo account, and a 1-click trading option. LimeFX offers 0% commission trading and low spreads, so you can keep more of your profits from every trade. On top of that, this broker offers trading on a wide range of markets.
80% of retail investor accounts lose money when trading CFDs with this provider. These products are not suitable for all clients, therefore please ensure you fully understand the risks and seek independent advice. What really sets this brokerage apart for us is the wealth of trading tools it offers. While we’d like to see more technical studies made available in WebTrader, the platform’s ease of use and flexibility makes up for any shortcomings.
It is a wireless technology that secures trading online with easy access through mobiles. Traders can manage portfolios and other market activities through mobile trading apps—a handy and user-friendly application for clients of LimeFX. The mobiles we all use daily are the most comfortable and reachable option for CFD trading online. Leverage is the ratio provided by the brokers to the clients. The ratio is significant as they give a higher position to traders in the market or trading financial instruments.