LimeFx Forex brokers reviews an old broker with problems

You can increase your trading knowledge using the various articles, videos and eBooks that LimeFx provide. They are free to anyone who opens an account and cover a range of topics suitable for beginner and experienced traders. Topics include trading strategies, trading psychology, technical analysis, risk management and an introduction to trading. I found the educational content to be basic although the content related to the brokers unique tools was very helpful. If you are looking for more, then IronFX have plenty for you to get your teeth stuck into. The LimeFx App puts the global markets at your fingertips with its intuitive design giving you access to all trading and information from the same user-friendly interface.

LimeFx broker reviews

LimeFx has an extensive range of tradable assets, which include more than 200 instruments and 150 currency pairs. The availability of these assets, however, varies with the jurisdiction. Following is the breakdown of those instruments to simplify your asset selection. Eliana, the customer service helpdesk has been very patient and helpful throughout my account creation process. I’d encountered some issues and if it weren’t for Eliana, I would have given up on LimeFx. This works like this, when you open a Buy position your deal will open at the Sell price and when you open a Sell position your deal will be opened at the Buy price.

LimeFx is a long standing forex broker with a wide product range that has many traders interested. Read our review to find out if LimeFx is the right broker for you. Also the LimeFx intuitive app allows trading on any iOS or Android device, giving access to markets anywhere and anytime. LimeFx minimum deposit requires 100$ as a start, while a bigger size account along with VIP and premium conditions demands higher balance maintenance.

Account Types

LimeFx offers multiple trading platforms suited to new and seasoned traders. You can choose from its proprietary web-based platform or MetaTrader 4 or mobile app. Also, you can check here the best forex trading signal providers that suit you. Additionally, they provide you full access to other features such as free guaranteed stop loss, fixed spreads, negative balance protection, zero slippage, and no withdrawal fees. Since 2001, LimeFx has been offering traders around the world innovative features, versatile trading platforms and over 200+ global markets. They are an award winning and established broker that is under strict regulation from multiple regulators.

  • See this list of LimeFx instruments for up-to-date maximum leverage allowances.
  • There are many Forex brokers to compare and choose from online.
  • There are a wide range of educational resources made available by the broker.

Also, always consider LimeFx rollover or overnight fee as a cost, it is charged on the positions held longer than a day and may be checked directly from the platform. Each instrument has a different condition for overnight positions and may be as a fee or refund. Yes, LimeFx is a safe trade due to its high regulatory standards, is operating through a few regulated entities in its established jurisdiction, and is not a scam. Yes, In Australia and the European Union they are a regulated broker.

This account unlocks most restrictions placed on retail-level accounts. LimeFx ordermask to open a position in the MetaTrader 4Trade more than 6,000 markets without commissions and professional platforms. Trend and volatility of the markets are the things you need to know in order to determine your next steps in trading. In order to know this, you need to keep track of the movements of the markets you wish to trade on. Whenever volatility is high, a value can potentially be spread out over a larger range of values. The price of the value can change massively over a short period of time in either direction.

This platform is simple, yet allows to quickly access LimeFx CFD and easyTrade platform. It has powerful tools and will give you an exciting trading experience. The LimeFx mobile app is available for both iOS and Android devices, and it offers many of the same features as the web-based platform. The app allows traders to access their account, view real-time market data, and place trades on the go. Since 2001, LimeFx has been offering traders around the world innovative features, flexible trading platforms and over 200+ global markets.

LimeFx users can trade CFDs on both desktop and responsive devices. LimeFx does not charge commissions per trade — instead, they are compensated via spreads. Spreads vary based on the product, as well as the trading platform used by the trader, namely the web trader/app and MetaTrader 4.

Live account

This is the reason why all positions are open with an initial negative profit and loss. The company is regulated by the Cyprus Securities and Exchange Commission and is a member of the Investor Compensation Fund , which provides an additional layer of protection for clients’ funds. They also offer a variety of educational resources, such as market analysis and webinars, to help traders improve their skills and knowledge.

LimeFx broker reviews

Additionally, they are a member of the Investors Compensation Fund which means your account has protection of up to 20,000 Euro, in the event that the broker becomes insolvent. Picking the best trading platform is the first step to succeeding as a retail investor. Start investing small amounts until you figure out your LimeFx limefx forex brokers reviews strategy. The customer service is easily accessible during the trading week, and we are satisfied with it. Social Media support is available via Facebook Messenger, WhatsApp, and Viber. It is another crucial feature that intends to protect traders from facing unintended losses due to volatility or other technical glitches.

Number of Commodities Available

Traders can search for a particular instrument via a search box, or navigate by category through the different asset classes. Upon logging in, traders are welcomed by a list of asset classes and products on the left-hand side, a trading ticket in the middle of the screen, and a comprehensive trading tool on the right. Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader. LimeFx offers its customers more than 200 products to trade.

LimeFx broker reviews

LimeFx was founded in 2001; it is managed and sanctioned. LimeFx is a secure trading platform with competitive spreads and no hidden fees. LimeFx Professional Level Account is an account for experienced and most demanding professional traders. You can avail of this account only if you pass the requirements of LimeFx for eligibility.

Alliance LimeFx Management Review

With a background covering stock market developments for a major FinTech company, she now provides SEO and content strategy services to financial service companies and tech startups. A floor broker is an individual who works the trading floor on behalf of other brokers; they conduct trades, are detail oriented, and work for the clients just as the origins broker does. These are employees of the exchanges company who react to slight changes in the market to reduce clients’ risk with stocks, and security LimeFxs.

The professional account is also listed as a “VIP” account with which traders benefit from a variety of perks. Traders can switch to a demo account by shifting the Live/Demo toggle at the bottom of the hamburger menu — both on desktop and mobile. By 2015, the company officially offered over 200 markets in a variety of asset classes. 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.

How To Verify Your LimeFx Account

The major variable when it comes to the different account types is the spreads. This makes them one of the longest-serving brokers within the retail forex sector offering limefx broker reviews online services. The broker is regulated internationally by both ASIC and CySEC. The minimum deposit is very high for anything more than the standard account type.

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