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Forex broker guide

I know that it’s genuine and can pay a lot of time to explore its assets and I should say that the choice is very rich. A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. You can decide for yourself if LimeFx is a good broker for you or not by reviewing the criteria. In general, LimeFx provides trading service in Forex , CFD and Cryptocurrencies .

LimeFx forex broker

Hereby, LimeFx offers you MetaTrader 4, Mobile Trading Platform and WebTrader. In order to make a deposit, you first need to verify your account. Moreover, you can trade CFDs on stocks of tycoon corporations such as Apple, Alphabet and Facebook, in addition to the largest Indices such as NASDAQ, S&P 500 and FTSE 100.

LimeFx Trading Account Features

When a trader conducts CFD trades on LimeFx, he can leverage funds based on the rules set by the regulator. LimeFx is an easy-to-use trading platform with a variety of over 300+ assets to choose from. It does offer some safety, such as light regulation as well as cybersecurity measures such as PCI scan and SSL certificates.

  • I like the way the Market Buzz app works in terms of delivering important information about current market sentiment and fundamental analysis.
  • I suffer as a consequence severe anxiety and depression and have been suicidal.
  • First, I need to be confident in it, so I made sure it’s regulated.
  • I trade solely in the long-term and therefore I’m not interested in tight spreads.
  • I’m planning to test indicators for several months.
  • I did it once I made sure it had a license, in particular, it was issued by cySEC.

A LimeFx trader does not have to bear any commission per trade. Irrespective of the account they hold, LimeFx does not charge them any commissions. Even though the minimum balance requirements are high if you are certain that you will utilize every feature of the platform, opening an account will be worth it. The fixed spreads among the four accounts get lesser as we head towards the VIP account. LimeFx offers guaranteed fills for trades so you do not have to worry about incomplete orders. You only need to fill in your name, email ID, and number to create a LimeFx demo account.

Trading with the broker is organized using ECN, but I don’t remember exactly. In any case, the execution of orders is very fast, slippage is quite rare, I had about 10 slippage per year of trading, so I think this is a good result. Then I called the technical support service – it’s good that there is such an opportunity.

Do not invest with this company, they steel your money. I suffer as a consequence severe anxiety and depression and have been suicidal. Having now only started looking into this, it would appear I was seriously misled and am currently looking at companies to represent me in claiming for my losses. A review is a review and it should not be removed by anyone as it is a real deal and people need to be aware of scammers.

The broker in question needs to be checked individually, and you should also take into account your personal needs. A good example for this is the availability of various currency pairs. For example, a lot of brokers don’t offer the USD/INR currency pair, which might be super important for you but not to others. Founded in 2014, BlackBull Markets is an Auckland based technology focused true ECN broker.

I started working here with a small capital

In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades. It is are generally well-suited for LimeFx to provide their Forex/CFD trading services to global clients. 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.

It does take steps to educate customers about the risks of trading, which is a vital part of helping customers to manage their trading accounts appropriately. LimeFx allows customers to use a variety of services for deposits and withdrawals. These include bank transfers, PayPal, Neteller, PayU, Przelewy24, Rapid Transfer, Skrill, Sofort, credit or debit card, the Pay by Bank app, OB, EPS, Euteller, Giropay, and Ideal. Like most trading platforms, LimeFx is compatible with MT4. You can also take advantage of a desk top and mobile application.

I didn’t have too many reasons to trade with this broker. First, I need to be confident in it, so I made sure it’s regulated. CysEc regulated this broker and it’s a good sign, I think. The second reason had to do with a choice of assets.

I chose this broker as a test platform for my custom indicators. I never do this on a demo account because demo trading absolutely excludes a psychological factor. I can’t exclude this thing from trading because it’s very crucial.

One of the major disadvantages of the LimeFx account is the absence of an ETF, Bond, and F&O market. Whether you are a user of the WebTrader or MT4, you have a variety of assets that you can trade from. Another point to keep in mind is that when your account remains dormant scammed by limefx for over a month, you could be charged a fee as well. However, depending upon the account that you have, there are certain charges that you have to bear while withdrawing money. However, a Windows app platform along with any other OS is where LimeFx can work.

Despite a few solid, strong features, our reviewers found that it left a lot to be desired overall. Before deciding to trade Forex or any other financial instrument, you should carefully consider your LimeFx objectives, level of experience, and risk appetite. Forex is a high-risk trading https://limefx.vip/ instrument which is not suited for all traders and investors. Thank you for your positive feedback and for keeping us posted! Please do not hesitate to contact us to our support email support- for any assistance you may need. I am just delighted with the work of LimeFx broker.

Company Information:

I tested it on a real trading account and I can say that my impression is very good. It ensures good execution, but the most impressive thing for me is a very good choice of indices. Perhaps, you would agree that it’s much easier to trade indices than currencies. Some modern day brokers are going all out in their promotions and branding strategies by adopting multiple regulatory statuses to enhance trust among clients.

Experienced brokers may appreciate all of the info and research tools, which stand in as one of LimeFx’s leading strengths. Please keep our support email support- for future use and feel free to contact us for any queries or issues you may come across. I chose LimeFx because there limefx company reviews is a professional software METATrader that gives you access to a lot of functionality for analysis and trading. It is also very important that this is a legal company. I think that successful CFD trading depends on the discipline of the trader and on the capabilities of the broker.

LimeFx forex broker

Being a market maker account, the LimeFx spreads start from 1.9 pips, and can go as high as 6 pips for the major currency pairs. LimeFx spread is not something that you would call economical, and even though traders are not charged any commission, the costs are certainly higher than the average. The broker does its job properly, especially in the scope of client support. I like the way the Market Buzz app works in terms of delivering important information about current market sentiment and fundamental analysis.

I like to trade digital coins here

Of course, there are some differences but they are not crucial for me because in any case you are expected to analyze the market and then open a sell or buy trade. If it has a license, you have no reasons to worry and can focus on your trading. That’s the positive situation I have with this broker.

Is LimeFx a good broker?

So I came up with an idea to find a reliable broker offering stock CFD for intraday trading. One of the conditions was tight regulation by European authorities. After three months of trading, I can state that everything is going well so far, withdrawals come in time, and the broker’s trading conditions are affordable. Thank you so much for taking the time to share your experience at LimeFx. We take pride in knowing our customers are happy with the services offered by the company. Rely on secure deposits and quick document upload with the all-new LimeFx app.

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Forex TB Limited offers services within the European Economic Area and Switzerland. Forex TB Limited does not provide regulated financial services to residents of the United Kingdom. This website is using a security service to protect itself from online attacks.

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