LimeFx broker reviews: Can someone provide a detailed LimeFx review?

March 31, 2022
April 5, 2022

LimeFx broker reviews
LimeFx broker reviews

FXTB Spreads are ranked 7.3 out of 10 based on our research and comparison with other brokers. We found out that the spreads for EUR/USD offered by FXTB are much higher than the industry average which is 1.2 pips based on our research. FXTB trading instrument range offers over 300 desirable financial assets to choose from. At LimeFx, you can dive into global markets, and trade CFDs on Forex assets, such as EUR/USD, GBP/USD, or trade CFDs on Commodities such as gold, silver, and crude oil. FXTB is a regulated broker with good costs and tailored solutions, account opening is smooth and fully digital.

LimeFx broker reviews

The platform also offers the opportunity to choose between line, bar, or candlestick charts so that charting tools can be set to match your personal preferences. The integrated technical indicators that come with the MT4 platform tend to be either trend indicators or oscillators. It is possible to use a combination of charts and tools together to create a bigger picture of what is happening in your chosen markets. While MT4 is known for its extensive charting capabilities and tools, the Web Trader platform also comes with six different chart types and a range of integrated technical analysis tools. You can use a demo account to try out the platform and see if it has sufficient trading tools for your needs.

However, the broker only takes a profit from the spreads, so that clients are afforded trading that is free of commissions. A margin requirement is the amount of capital that the trader must put down at the start of the trade, or that they must have available in their trading account, as collateral for the trade. This amount is often lowered substantially when leverage is applied.

TD Markets Minimum Deposit

But profitable.is is an authentic spot for putting your funds. It is a boon for all the people who have been scammed. I would like to try everything, although I realize that as of now I don’t have enough margin to cover all my needs, but I persistently work on it. There is no way I am letting these people scam any more persons. They got a deposit of my $10000 via bitcoin and claimed it never reflected on their end.

Another point of interest regarding LimeFx is that it caters to both retail and professional traders, offering account options catering to both. As you will see, the difference between the retail and professional accounts is quite significant, with vastly different spreads and max leverage amounts offered. LimeFx is a market maker broker; therefore, traders get access to a regular STP account. If you are looking for a pure ECN platform, you should look elsewhere. 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.

OPEN A FREE DEMO ACCOUNT CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.80% of retail https://limefx.biz/ investor accounts lose money when trading CFDs with this provider. LimeFx offers MT4 integrations to traders and LimeFxs.

Not critical, but you would overpay 5-10%, so you decide. 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.

Spreads on other instruments are also floating spreads. Details of current spreads can be found on the website. Other instruments that can be traded include single stocks and indices from around the world and commodities such as gold, silver, coffee, cocoa and crude oil. Cryptocurrencies are also available to buy and sell and may be available to trade as CFDs, depending on where you live. Trading becomes easy for one having sound technical and theoretical knowledge.

I just need to make a single click on the required asset in the list to the left to open its chart. Then I called the technical support service – it’s good that there is such an opportunity. FXTB warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors. For instance, should there be a 1% margin requirement on a position of $1,000,000, the trader must cover a margin requirement amount of $10,000.

LimeFx Specifics That You Should Know Before Opening an Account Here

My practical experience with the broker showed that it’s true. It automatically means that your rights as a trader are protected. It allows me to shift from one asset to another very fast. So, when scalping I can quickly change up to 20 assets.

We can only imagine how the market will look like in several years and if the new LimeFxpanies will make it through the challenges that are a part of every popular business. For now, let us concentrate on the current situation and how our Forex TB is doing now. Forex TB offers a limited number of deposit and withdrawal methods, mainly wire transfer and DotPay. Popular credit/debit cards, Skrill, and NETELLER methods are not welcomed.

Here you will find Trading Central resources, including daily market analysis, analyst views and featured ideas. You can also sign up for regular strategy newsletters, delivered by email. There are trading tips, eBooks, webinars and short guides explaining specifics such as technical analysis, fundamental analysis, leverage and margin. In this section you will also find a trading glossary which can be downloaded in eBook form, and an economic calendar.

LimeFx broker reviews

In order not to become a victim of fraudsters, you should check the documents of companies that you trust with money. Ripple is popular among big banks with the Ripple network a next-generation real-time gross settlement system. The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is an actual stock market index that measures the value of a specific section of a stock market. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.

Traders can build their own trading strategies and manage the charts how they want with the MT4 powerful trading tools. The platform offers many build-in features, but supports also account personalization. The Patron Web FX Browser platform is very fast including many simple and complex options. The platform can be customized according to the trader’s wish and is in general trader-oriented. The platform requires no download and can be accessed directly via any browser. The Forex TB mobile app enables spontaneous trading and thanks to the powerful smartphone devices; traders have the luxury to trade from their phones in the first place.

Retail

As a rule, I trade popular indices such as Nasdaq, Dow Jones, FTSE, but this broker surprised me with a very rich choice of indices. If you wish to fund your account via wire transfer, please contact your account manager or access our live chat to receive the appropriate banking details. limefx Switch to your live account, add funds and start trading. Forex TB Limited does not provide regulated financial services to residents of the United Kingdom. At the time of writing, LimeFx is accessible to all clients living in the EU , the UK, and those residing in Switzerland.

  • However, the broker only takes a profit from the spreads, so that clients are afforded trading that is free of commissions.
  • A trader or investor needs to make a minimum deposit of $250 before they can open an account at LimeFx or start with a trade or LimeFx initialization.
  • Earlier I would hardly join this broker because at that time I didn’t appreciate wide spreads and withdrawal fees.
  • The most attractive thing for me here is Webtrader.

I trade solely in the long-term and therefore I’m not interested in tight spreads. Moreover, the speed of execution is less crucial for me. I did it once I made sure it had a license, in particular, it was issued by cySEC. Thank you so much for taking the time to share your experience at LimeFx.

LimeFx Review & Rating 2023

The beginning traders can benefit from free educational tools. For example, with a Gold account you can count on one free withdrawal a month, while Platinum users can make three free withdrawals for this period. Please share with us your experience in as much detail you can in order to examine your case at support- and be able to solve your issue. First, they really have fast execution, exactly as told in reviews.

The apps are well-rated by users, quick and easy to install, and offer most of the same features and functions as the main platform. Clients can of course also choose to use the browser based Web Trader platform which is designed to operate from almost any device using a normal browser connection. LimeFx offers a wide range of instruments as CFDs, with floating spreads based on market conditions.

Are there additional charges on the Islamic account?

We are not liable for losses that resulting from the information provided on our site. Forex TB is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms. Regarding orders execution model, Forex TB is a b-book broker .

Even the withdrawal fee is very acceptable in comparison with many companies. Please do not hesitate to contact us to our support email support- for any assistance you may need. FXTB withdrawal charges vary with the type of account you have. Platinum account holders can make 3 withdrawals for free each month.

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. lime fx It takes only 1 minute to download if you have a fast internet connection. After downloading the application, it asks you to log in or sign up to make an account.

Gold account members can make one withdrawal for free each month. Basic account holders can make one withdrawal for free, with charges each time you withdraw from then on. We are very excited to read that our services and platform are useful for you! Thank you for choosing us as your trusted broker and for the 5 stars review.

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