Both novice and experienced investors can implement their preferred trading strategy with the help of a robust selection of assets, trading tools, and educational materials. With seamless movement between online, mobile, and desktop versions, finding what you’re searching for is simple. LimeFx’s reputation as a user-friendly solution is further strengthened by its excellent customer support choices.
Research Tools
When you trade CFDs, you can do so by using leverage, which means that traders only need to use a small capital amount to control a much larger position in the market. While leverage enables you to potentially earn bigger profits, it can also incur bigger losses. With the help of the LimeFx platform, thesetraders https://limefx.club/ can make informed decisions when trading stocks. As the overall supply and demand of thesemetals are pretty predictable, traders can use specific strategies to takeadvantage of market movements. In addition, like any other broker, LimeFxlevies swap fees if the positions remain open overnight.
Accounts Comparison
LimeFx offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into LimeFx’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. The swap or rollover fee refers to additional charges that can be incurred overnight when traders leave trading positions open. The fee is applied by the broker so traders can continue holding a leveraged position after active market trading hours.
- LimeFx is a name that has been making waves in the financial world, but not necessarily for positive reasons.
- With seamless movement between online, mobile, and desktop versions, finding what you’re searching for is simple.
- Commercial trading platforms are renowned for their relative simplicity to navigate.
- Asthe broker is regulated, clients need to complete their KYC that is in linewith the Seychelles Financial Services Authority.
Deposit & Withdrawal Fees
The LimeFx platform offers 80+ currency pairs to trade with tightspreads and no hidden fees. Some major currency pairs like the EUR/USD,GBP/USD, and USD/JPY are offered with spreads as low as 1.2 pips. Spreads are something that forex and othertraders need to pay as it is the cost of trading. LimeFx offers scammed by limefx tight spreadsstarting from 1.2 pips, making it one of the most competitive brokers in themarket. The minimum deposit requirement is $50; basecurrencies are EUR, USD, or GBP. Forex traders and other market traders canaccess LimeFx’s services through the MT4 platform, WebTrader and mobileplatforms.
Market Instruments by LimeFx
The choice of base currencies is also the same and includes EUR, GBP, and USD. Traders can use the demo account for as long as they prefer as there is no limit on the time it will be valid for. When clients of LimeFx are ready to switch to a live account, they should get ready to undergo a verification of their identity. While using the simple and intuitive mobile trading app, you can access expert research, explore technical charts, and view the latest real-time prices. Even though future markets are leveraged, traders should bear in mind that they will not only get greater exposure to the market but will also be more susceptible to its negative movements. Hi Jameel,We really appreciate you sharing your LimeFx experience with us!
Account spread comparison
LimeFx allows traders to deposit and withdraw funds through various methods. Skrill, Neteller, bank transfer, credit/debit cards are some of the most often used deposit and withdrawal methods on the platform. The processing time varies depending on the payment method and is free for deposits and withdrawals.
It enablestraders to potentially magnify their profits if the market moves in theirfavour, but losses as well, if the market moves against them. The leverage level can be adjusted accordingto the traders’ individual needs, allowing them to take control of theirtrading strategies. For example, if a forex trader has $250 in their account,they can take a position worth up to $250,000 with the help of leverage. Traders can view the fundamental data and analyse the sharesusing technical indicators.
The customer service team is prepared to offer you an unmatched degree of assistance by answering all your questions. When it comes to the value and quality of service then I would say that this broker has been doing really well in impacting and training newbies and beginners, most brokers aren’t concerned about that. I provided the information that T4 trade requested and they still have not got back to, it has been 6 days now surely it ‘s good manners to do so. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. LimeFx does not target residents of the EU where it is not authorized.
Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice. LimeFx is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the LimeFx group includes Damadah Holding Limited, which is based in Cyprus.
In addition to one-click trading, the platformoffers other features, such as hedging and scalping, which can maximiseprofits. As the prices of these commodities can beaffected by factors like supply and demand, political unrest, etc., traders cantake advantage of this volatility and make profits while trading thesecommodities. CFDs on futures are another popular tradinginstrument on the LimeFx platform. Traders can access some of the most liquidfutures markets like the S&P 500, Nasdaq 100, Dow Jones 30, and more.
