Forex Trading

LimeFX Review 2022 Trade 250+ CFDs with MT4

septembrie 13, 2022 - Forex Trading

Silver Account – Minimum deposit of $250 or equivalent, spreads from 0.07, zero commissions, and fifth decimal pricing. To find out more about what LimeFX offer, and how to register for an account, continue reading our in-depth broker review. Being a regulated platform, LimeFX must abide by all anti-money laundering and KYC rules mandated by CySec and EU regulators.

• Users should remember that all trading carries risks and users should only invest in regulated firms.
• I am trading with the broker and recommend you to open an account with the firm.
• Via the mobile app, traders can access all order types and executions, trading history, 9 different time frames, charting tools, chat support, and much more.
• Additional resources are available in the form of a comprehensive Educational Center with didactic material designed to help clients make informed trading decisions.

Gold Account – Minimum deposit of $250 or equivalent, spreads from 0.05, zero commissions, fifth decimal pricing, and 25% swap fee discounts. Our reviewers were happy to see rarer asset classes included such as indices. Indices offer you a great chance to diversify your portfolio and LimeFX’s selection is impressive. Alongside huge global indices , you can also trade European indices such as the CAC 40, Euro Stox 50, and the FTSE 100. You can deposit and withdraw funds from your account using a variety of payment methods.

Account Types and Getting Started

This platform differentiates itself by offering commission-free trading on all of its assets, along with advanced trading platforms like MetaTrader 4. LimeFX also offers a wide array of educational resources, which makes it a great choice for first-time traders. You can access LimeFX’s platform by web, desktop, and mobile, making it easy to stay on top of the market and trade from anywhere.

There is no maximum deposit amount, but if you are depositing via bank transfer, the minimum amount is 1000 USD/GBP/EUR. Actual product may vary.LimeFX does not directly support any cryptocurrencies, however, it offers a variety of crypto CFDs which you can invest in. There are over 50 pairs available, and the platform is continually adding new ones. Amongst the most popular ones, you will find BTCGBP, ETHUSD, and LTCEUR. You can find the full list of pairs by visiting LimeFX’s website and clicking on the ‘Trading Cryptocurrencies CFDs’ in the ‘Products’ menu. 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.

A cryptocurrency and trading writer and investor, Patrick specialises in algorithmic trading. He’s written about every type of automated trading tools – from cryptocurrency robots, binary option robots, down to robo advisors. Yes, LimeFX offers a mobile app for both platform – the LimeFX mobile app and the popular MT4.

Find columns, editorials, and LimeFX articles that will take traders to a new level of risk-free trading. You can also remain up to date by reading articles about various assets and trading instruments. It covers a wide range of products, including commodities, currency, stocks, and so on. In addition, it provides traders with CFD trading definitions and shapes their market outlook. New brokers constantly come and go, and it’s often hard to know whether a certain broker is regulated and can be trusted. The spreads at the Account Silver are usually higher than at other brokers.

CFD instruments, which include cryptocurrencies, Forex, stocks, commodities, and Indices. It also offers four types of accounts such as Gold, Platinum, Pro, and Silver. The account is a step up from the Platinum Account, offering premium services to professional traders alone. In addition, the account gives you access to a world of financial transactions that aren’t limited to retail accounts. Here you’ll find better services, leverage, and trading conditions.

Advantages and disadvantages of LimeFX Review

It is a super easy trading platform that you can use, so if you are having any troubles, make sure to check what they tell you. The customer support is friendly and helpful, it is a reliable trading platform. The brokerage firm offers multiple options for deposit and withdrawal. Several options include bank wire transfer, Credit/Debit Cards , e-wallets like Neteller, Skrill, SafeCharge, and more. As soon as your account has been approved by LimeFX’s support team and you are ready to start trading the live market, you can then fund your account.

• For example, the spread for the EUR/USD is as low as 0.7 pip, which is way below the industry’s average of 1-1.3 pips.
• It only takes about 10 minutes, and we will guide you through the process.
• You don’t pay fees when depositing or withdrawing funds from your account, and there are no monthly or annual account fees.

It offers traders the opportunity to trade CFDs on various asset classes such as metals, stocks, forex, indices, commodities, and digital currencies. Traders using this platform have access to flexible limefx forex brokers reviews leverage rates, to different account types, and competitive fees. The broker also provides traders with a comprehensive trove of research tools and educational materials to refresh your knowledge.

Best Platforms

It’s also worth mentioning that LimeFX does not have any restrictions when it comes to short selling. This means you can speculate that the price of an asset will decline in value with the same leverage ratio as you can when entering into long-buying positions. Schwab reserves the right to change the offer terms or terminate the offer at any time without notice. By agreeing to these terms and conditions you also agree to the Schwab Stock Slices Terms and Conditions, which you should review. The Schwab Starter Kit is limited to one per account, with no more than one account enrolled per client. Unlock short videos and step-by-step guides to get the 101 on investing.

LimeFX does not accept third-party payments, so all deposits must be made from accounts bearing the same name as the broker account. Note too that even though LimeFX is not charging any deposit or withdrawal fees, there could be some fees imposed by the banks or payment processors. Any client who can prove two of those three conditions can qualify as a professional trader, removing the ESMA regulation restrictions.

This means investors will only pay the built-in spreads when they get in and out of a position. It seems that the customer support team might be there as a foil for the account management team. Traders will have full access to all the asset classes offered at LimeFX right in the same trading platform, which is very useful. And MT4 has been regarded as one of the most powerful and best trading platforms for all levels of traders for nearly two decades.

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Traders from some countries are not able to benefit from LimeFX’s services, however. This includes those residing in the United States, Belgium, and France. Among the best features that these platforms offer are 4 types of order executions, 24 analytical objects, and customized trading. Due to the broker’s regulation, LimeFX does not offer you deposit bonuses or promotions. This isn’t something to be disappointed by, however, as it simply means that fair and flexible conditions are extended to every trader.

• The research is easy and affordable with its indicators, charts and patterns, signals, and mathematical tools.
• LimeFX mobile app for instant connection to the trading platform from any place.
• They can even plan ahead of time and examine the forex market before investing.
• For your convenience, the spread is automatically added to the final price so you don’t need to stay calculating it for each trade.

You do not have to comment to rate but feel free to comment if you have an opinion on this broker. LimeFX is a Cyprus licensed & regulated MT4 CFD broker, that is officially owned by; FXBFI Broker Financial Invest Ltd. We find that there’s always room for improvement in our own lives, and the same is true for businesses and brokers. You will be able to find an economic calendar on the broker website, however it hadn’t been updated since September 7, 2020 when we accessed it in December 2020.

Educational and Research Support

This includes all trading platforms such as MetaTrader 4, WebTrader, and Android and iOS trading applications. Yes, our review of LimeFX found that the broker offers many features synonymous with a good trading experience. This includes sturdy adherence to CySEC regulation, a world-leading trading platform, a diverse instrument collection, and competitive fees. In addition, LimeFX is well regarded within the industry, having gained several awards since launching in 2016. Since its launch, LimeFX has continued to grow and offer trader innovative features and access to over 250 tradable instruments.

Each of these trading platforms is designed for maximum functionality, optimal trading, and ease of use. Further, traders are privy to 250+ Contracts for Difference across a wide range of https://limefx.name/ assets, including FX pairs, indices, equities, commodities, and cryptocurrencies too. With top-tier security to boot, traders can confidently place buy and sell orders at their leisure.

The paper trading account gives you full access to WebTrader and starts you out with $10,000 in simulated cash. Professional traders can apply for LimeFX’s Pro account, which offers expanded leverage options and VIP support. All of the companies that you can trade through this brokerage are popular US companies on the NYSE and NASDAQ. You’ll find most of the big tech stocks and financial firms, plus some legacy automakers and other names from the S&P 500 index.

I did eventually increase my small sum to a little more, and I should have withdrawn immediately. Now I have just learned that these guvs have ceased trading in UK. I have withdrawn but my original sum is worth only one fifth of what I invested.

You should also consider the risks of investing and how to address them, including through diversification and asset allocation strategies. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service. Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website.