Most non-banking payment processors have geographic restrictions, and the LimeFX client portal will only list the ones available to traders. Traders must submit their name, e-mail, country of residence, mobile number, and date of birth. It also includes the account selection process, which I find convenient. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Privilege account.
LimeFX is a big broker and this is why…
LimeFX presents clients with one regulated entity and maintains a secure trading environment. LimeFX has an attractive offering of high-yield/risk instruments, such as share CFDs and cryptocurrencies. This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action. However, there are no lower-risk securities like bonds and ETFs to be used for hedging one’s overall market exposure.
Explore more than 300 instruments across 6 asset classes and trade CFDs with superb trading conditions. With a flexible trading system, MT4 allows for algorithmic trading and mobile trading, making it one of the most powerful platforms in the market. The broker provides education opportunities limefx scammers for total novices and traders who want to hone their skills, as its recently added Academy section contains lots of useful information. Last but not least, LimeFX’s customer support department is up to the highest standards, as the agents are responsive and fully prepared to answer all questions you might have. Cent accounts might be better suited for total novices, and they have a lot in common with live accounts. The most obvious difference, however, is that dollars are denominated in cents.
What is CFD Leverage?
- With spreads from 3 points, traders can easily keep their costs on the lower edge of the spectrum.
- When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
- I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
- LimeFX allows its clients to use a number of time-efficient and convenient deposit methods like Visa, Mastercard, and Maestro-branded debit and credit cards, Neteller, Skrill, and Paysafecard.
- I can tell my experence with LimeFX standard account.Promised spreds were matched on my EUR/USD short position.
Dear users,Please note that this review has not been posted by a verified client of ours. Hi Roberto Ruf,We are so glad to see that you are satisfied with our LimeFX platform! Clients of LimeFX are offered instantaneous access to indicators and advanced charting and trade futures with CFDs either through MetaTrader4 or WebMetaTrader. limefx review Traders will get instant access to advanced charting and indicators and trade CFDs on the MetaTrader4 platform or while using WebMetaTrader, which also provides a user-friendly interface and full functionality. Customers of LimeFX can trade CFDs on global spot indices such as the German DAX or Aussie 200.
Trading Instruments
Traders who create a Standard account will be given access to the full range of instruments the brokerage firm provides as they will access CFDs on commodities, indices, Forex, metals, shares, and futures. LimeFX offers a choice of 300+ trading instruments, Forex, commodities, indices, shares, and futures. I like the selection of 84 currency pairs, which ensures that Forex traders have a broad choice of trading instruments, complemented by 30 commodities, 150 stocks, 30 futures contracts, and 30 equity indices. Equity traders get a selection of blue-chip stocks listed in the US, the UK, and the Eurozone, where Czech companies pleasantly surprised me. I am missing ETFs and cryptocurrencies, but the range of assets at LimeFX suits most retail traders and is excellent for Forex traders.
Unique Features
What makes this brokerage firm stand out from the competition is it provides traders with spreads starting from as low as 0.0 pips, flexible leverage, fast execution, and fast deposits and withdrawals. The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. At LimeFX we provide the tools and support to help you develop your trading skills and unlock your potential.
Close to this list and it’s definitely better than average platform with a couple of assets, one account and no extra services. Here is nice copy trading functionality, big academy for those keen on learning trading stuff, favorable pricing and many more things. Versatility and quality are those pillars that ensure good development of a company and its fame in the community. Even though I am a rookie, I opened Privilege account wit ultimate trading conditions. Dunno, if the broker allows to open “fattest” acc for newbies, then they can do it.I like that spreads are tight, I’ve traded some fx pairs and spreads are fine. Since its release in 2005, MetaTrader has become a well-known trading platform widely used by traders of various skill levels and expertise for its user-friendly interface and advanced features.