Posted by Afther Hussain in Uncategorized
This review gives the broker group a high score for offering such high-quality and diversified content on education and research. From those in-house videos to the trading signals, LimeFx Group marks its niche against competitors such as LimeFx and IG, among others. The broker is licensed by five regulatory agencies around the world.
Many traders fear additional funding and would like to act without them. What we advertise is what we give our clients, regardless of the size of their investment. There is a reason why over 10 million clients choose LimeFx for Forex Trading, Cryptocurrencies Trading, Commodity Trading, and Stocks, Metals, and Energies Trading. When choosing a broker to trade with, one of the important factors to keep in mind is the safety and security of the broker.
- It is not uncommon for a broker to experience difficulty in paying large sums and delays.
- All these factors have determined a growing forex trading marketplace, which will only continue to grow and become more dynamic, liquid and responsive.
- While an LimeFx demo account can be a great choice for traders to learn more about the market, it can’t be used to learn how to control your emotions when trading.
- In addition to the live chat, the group gains its success in customer support by educating users with MetaTrader platforms.
But you have to pay a commission of $ 3.5 per $ 100,000 traded. The “LimeFx zero account” is much cheaper than the standard account. You can use it to try out all the features of Broker LimeFx and trade without risk. It is also a great way for beginners and advanced traders to develop their own strategies or test new markets. As mentioned before in this review, the well-known trading platform Metatrader in versions 4 and 5 is offered.
Examples of the commission fee calculation (LimeFx Zero Accounts only)
And since we are here to give you the best and most optimal assistance into Forex market, we are full of detailed reviews about the most popular and renewable brokers. Check out now our LimeFx Group review and find out if it is suitable for your preferences and needs in trading. When we worked on this LimeFx review, we focused on many different factors.
- At AvaTrade, the minimum deposit is $100, which is a bit high compared to other brokers.
- The client can deposit the required fees, access the complete MetaTrader suite offered by the broker, and use it as per their need.
- The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website.
- The LimeFx Group, however, is authorized by multiple-tier regulators.
- Once you download the platform, you can simply log in using your account credentials.
That said, LimeFx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. LimeFx Broker is a good broker that offers more than 1000 assets. The company is always liquid and makes payments in less than a day. The only fee that can be incurred is if you pay less than $ 200 by bank transfer. From our experience with LimeFx, you are with a very secure broker who treats client funds with the highest confidence.
Forex Trading via a Broker
This type of account is very popular in the Forex trading market and is widely used by both beginner and experienced traders. LimeFx offers traders a wide range of trading assets from Forex to CFDs on stocks, indices, commodities, and the like. Over the past decade, this broker has gotten licenses from leading regulatory agencies worldwide, including the FCA of the UK, CySEC of Cyprus, ASIC of Australia, and so on. LimeFx is a worldwide forex and CFD broker, also known as LimeFx FX or LimeFx Markets.
CMC Markets’ educational resources and research materials are guidelines for successful forex trading. 78% of retail investor accounts lose money when trading CFDs with this provider. 81% of retail investor accounts lose money when trading CFDs with this provider. As noted in the initial sections of this review, the LimeFx Group and the Trading Point of Financial Instruments Ltd. are primarily regulated by the Cyprus Securities and Exchange Commission.
Platforms
The broker is licensed by the Cyprus Securities and Exchange Commission in Cyprus under the license number №120/10 as Trading Point of Financial Instruments Ltd. Since Cyprus is a member of the EU, the CySEC’s financial regulations and operations are aligned with the European MiFID financial harmonization law. This LimeFx review will help you decide if the broker is the best option for your needs.
Positive LimeFx trading reviews have reported quick transaction speeds, instant deposits and withdrawals, and helpful customer support. The cutting-edge technology of the MT4 platform provides automated trading as its fully integrated feature, executing repetitive trading orders at a speed otherwise impossible with manual trading. For many investors this saves up a considerable amount of time from the routine of market watch as well as trade execution. https://limefx.club/ Suitable for both beginner and seasoned traders with versatile investment skills and practices, MT4 can be regarded today’s ultimate trading software in virtually every spot of the globe. LimeFx generates revenue through a variety of channels that cater to the needs of its diverse clientele. The primary source of income for LimeFx Broker comes from the spread, which is the difference between the bid and ask prices of financial instruments.
MetaTrader 5
Once you have downloaded the trading platform and you have deposited funds, it is time for you to start the market analysis. LimeFx offers some of the best trading platforms available in the market, all of which allow you to do a very extensive and detailed market analysis. This is an important factor in making it in the Forex trading market.
Forex
All our systems are built and updated with the client in mind. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. The broker offers a choice between MetaTrader 4, MetaTrader 5, and LimeFx Webtrader. The first option is best for Forex and those who are only learning to trade online.
For identification, the users have to produce a color copy of their official ID proof, either a valid passport or a valid driver’s license. In addition to this, the users must submit proof of their permanent address by providing a copy of the utility bills for the last three months. Next in the series is MetaTrader 5, the advanced multi-asset trading platform developed for institutions.
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. The financial products offered by the promoted companies scammed by limefx carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. This is great since the broker won’t get anything from the deposits, so you won’t have to worry about how much the bank or even a third-party service supplier charging you to send the money will charge you.