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When you open a VIP account, you save another 50%, because you only pay 2 units for each completed trade.Even with our code can save another 5%. In addition, LimeFX offers education material and webinars for its clients. And for those using automated trading limefx and expert advisors LimeFX offers a 20% discount on VPS packages through BeeksFX. As mentioned above, LimeFX is regulated in five different jurisdictions. The regulating authority depends on which LimeFX entity is the counterparty for the trader.
LimeFX is a market maker, evident in its Classic account. This broker fails to provide which MT4 bridge is deployed, suggesting a market maker model across all account types. Traders may e-mail LimeFX, use the webform, call, or use the live chat function. Assistance from the customer service team is rarely required at a well-operated brokerage, though if an emergency arises, it is comforting to know that one stands ready to assist.
- The market has a high risk of losing money rapidly due to leverage.
- The presentation is comprehensive; the blog represents the most valuable asset LimeFX possesses within its retail brokerage division.
- LimeFX offers an extensive range of educational resources to registered traders.
They are leveraged derivatives that can be traded on a variety of values. For the opening of a CFD trade, you do not buy directly the underlying asset, but only the contract to that value. This has several advantages because you can act with a high level of leverage and very easily place short trades. The broker rounds off the offering with CFDs on stock indices, commodities, precious metals, and bonds.
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The users consult the Autochartist graphs to speculate on asset prices and make LimeFXs with prudence accurately. 51 charting indicators and 31 charting tools are available for studying the trading conditions and conducting CFD trading accordingly. LimeFX offers the LimeFX Advanced Trading Toolkit as a free add-on for all clients using the MetaTrader platforms.
Investors from across the world join LimeFX to conduct trading in global forex, stock CFDs, stocks, and cryptocurrencies. LimeFX allows copy trading, demo account trading, and social trading as well. None of the blogs or other sources of information is to be considered as constituting a track record.
- The Autochartist tool is available for free, and LimeFX offers it to everyone who conducts live trading through the broker.
- Please note that all deposits starting from 5,000 USD or equivalent, processed in one transaction by bank wire transfer, are included in our Zero Fees Policy.
- Traders with higher deposits can even benefit from even smaller commissions ($ 1).
- LimeFX offers AutoChartist free of charge to all live and demo account holders.
I will tell my friends and say that don’t get lost in trading with LimeFX company. The company is regulated and licensed by FSCA SC , FCA , CySEC . European clients trade under the FCA license from the https://limefx.club/ UK or Cyprus license. LimeFX presented itself in different countries, for example at the World of Trading in Frankfurt. The broker had his own stand there and sought direct contact with his clients.
LimeFX Review & Rating 2022
Minimum deposit of 100 units of your respective base currency. Minimum of deposit of 100 units of your respective base currency. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. LimeFX’s analysis material is excellent compared to other similar brokers. The One-Click-Trading MT4 Expert Advisor is designed to make common trading mechanisms more accessible, facilitating trading and removing unnecessary navigation between windows and charts.
Making the minimum deposit in an account is a quick and easy process. One simply has to link the electronic wallet or enter his bank account information to conduct transactions. The platform allows trading in Brent and WTI along with gold and silver at scammed by limefx high liquidity and low spreads for maximizing round-turn. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee.
During periods of huge volatility and high risk in the market, the clients of LimeFX can benefit from no re-quotes when they are placing orders over the platform’s asset offerings. Traders should invest in the market only when they can take a high risk of losing money rapidly due to leverage in the markets. They should also take note of every risk warning put forward to them. Safety is assured thanks to FCA regulation, FSA regulation, segregated trading accounts, multiple industry awards, and SSL encryption technology.
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LimeFX might want to consider segregating the videos by language for easy access to the myriad of topics. The brokerage also offers a glossary which acts as a principal source of education, and where basic terms are described in short sentences. While education is honored at LimeFX, new traders will receive more value from the research provided by its eleven experts than from the dedicated education section. The MT4 trading platform is advertised as enabling a cutting-edge, world-class trading environment, which is common among brokers focused on the retail sector. While it has the capability, third-party plugins are required to unlock its full functionality. LimeFX offers only the most basic version of the MT4 platform, and while numerous free upgrades are available, those considered critical come at a price.
For every trader who trades forex, this is the right provider. You can trade in the trading platform as low as 0.01 lot. This is very small position size and the risk is in most cases only a few cents high. The provider is thus broadly positioned because even larger investors can trade without problems at this broker. Daily several trillions of dollars are being transacted in this market.That is why it is also highly liquid and interesting for beginners and experienced traders.
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Classic accounts have no commissions at all, while Pro accounts have a commission of $2 per side per $100,000 traded and VIP accounts have a lot commission of $1 per side per $100,000 traded. LimeFX does not apply maintenance commissions or inactivity commissions. For the EUR/USD pair, 0.1 pips was the lowest average spread identified, but spreads vary all the time according to your market capitalization. The LimeFX Group was founded in 2014 and has experienced a remarkable growth trajectory ever since. Regulated in four jurisdictions and catering to the English and Spanish markets, the award-winning broker has over 111,000 traders with more than 263,000 accounts. The company fulfilled in excess of 215 million trades, while the average monthly trading volume eclipsed $123 billion.
While MT4 has great customizability, the platform feels outdated, and some of the features may be hard to find. In addition, only the basic orders are available, including Market, Limit, Stop, and Trailing Stop. A well-regulated broker, LimeFX ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all withdrawals are returned to the deposit source. No, LimeFX is not regulated in the U.S. nor does it offer its services to US citizens. An appealing feature of this platform is the ability to choose the type of account you want.
Customer support is available via email, phone, call back and live chat. The broker can also be reached on social media channels. Support is advertised as being available 24 hours a day on business days. LimeFX is a relatively new broker which was founded in 2015. There are two entities with a UK company complying with new CFD and Forex regulations and the Seychelles registered company offering greater levels of leverage. There has been a significant change in customer data, on the basis of which separate terms and conditions were provided.
The traders access a wealth of educational content and information through recorded webinars, lectures, tutorials, and blogs. The Negative Balance Protection service of LimeFX allows the clients of LimeFX to maintain financial security. The platform maintains segregated trading accounts of the client funds with the top banks of Europe for processing transactions safely. Upon making the minimum deposit, the users are enabled to gain access to the low commission brokerage services of $2 for each Round-Turn or $1 for each standard lot.
The user may download the mobile application of LimeFX from the app store of Android, Windows, and iOS and sign in to the user-friendly platform to conduct mobile trading on the go. The mobile application also allows the users to get in touch with the brokers for initial LimeFX advice. Please note that this broker does not offer crypto currency trading as actual or as CFDs. Further, CFDs are complex instruments and come with a high risk. When trading CFDs, traders should be ready to take the high risk of losing money rapidly due to leverage, and therefore, extreme precaution should be undertaken. You need to consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.