This is especially the case when you consider that they do not charge a commission on top like most do. With LimeFx, you can always improve your trading knowledge with unique educational resources, including webinars, podcasts and trading https://limefx.club/ videos. These are hosted by experts and can help you to sharpen your skills and become a better trader in the long run. This emphasis that the broker wants to encourage informed trading decision and cares about their trader’s success.
Spreads fee details
- LimeFx will provide the tools and support to help you develop your trading skills and unlock your potential.
- LimeFx does not list minimum deposit or withdrawal requirements and does not levy internal fees.
- LimeFx offers commission-free trading and above-average floating spreads.
- Advancedtrading orders help traders to stay in control of their trades and keep theirlosses to a minimum.
- Even though this broker is FSA-regulated, their T&Cs are questionable.
Thebroker’s trading platform is the industry standard MetaTrader 4 (MT4). Inaddition, traders can also access MT4 WebTrader through any internet browser. LimeFxis an online multi-asset brokerage regulated by the Seychelles FinancialServices Authority (FSA). The broker offers access to various tradinginstruments, including Forex, Metals, Futures, Commodities, Shares, and Indices.
LimeFx broker in a nutshell
E-books are also good, but it feels to me that books are more for people who value text-based education, I myself prefer videos. Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more. 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.
Deposits and Withdrawals
As forex traders can choose both fixed andvariable spreads, they can select whichever is more suitable for their tradingstrategy. Using MT4, traders can quickly develop their own automated tradingstrategies with the help of EAs (Expert Advisors). Most brokers charge swap fees for overnightpositions, and LimeFx is no exception. The broker charges swap fees for longand short positions that remain open overnight.
Extensive range of instruments
Clients of the brokerage firm can speculate on soft and hard commodities like cocoa, coffee, oil, natural gas, and sugar. There is also the option to get exposure to global stock indices and currency futures. I’m trading through a privilege trading account and I think there is no need to guess why I chose this one. Overall, LimeFx is a reliable and trustworthybroker, providing traders access to the financial markets. The platform offersan extensive range of tradable instruments, advanced trading orders, andtechnical indicators. Moreover, the platform also offers advancedcharting tools that allow traders to easily perform technical analysis.
MetaTrader 4:
Simply choose the account that is best suited to your skill, knowledge, experience and trading goals. Excellent client support is on hand 24/5 to help you as and when needed. These products are traded on margin and carry a high level of risk and it is possible to lose all your capital.
I now have less than £10 and I can’t withdraw it, as they don’t do withdrawals for any amount under £10. I’m bitterly disappointed and disgusted, as they knew that I’m a senior citizen living on the state pension. I was bombarded with phone calls from Jerry, asking me to deposit money, but the phone number he called me from is now either NOT IN SERVICE OR IT’S DISCONNECTED. I realise that I’ve been SCAMMED so I wouldn’t recommend too them to anyone.
Access multiple financial markets with ease and efficiency using the standard trading platform for both beginner and professional traders. Customisable, with advanced chart functionality and trading tools, the MetaTrader 4 is your go to platform for all markets. This is a renowned platform for its built-in features, which include fast trade execution, a variety of trade execution modes, a toolbox for analysis, and order history. The programming language on which MT4 is based makes it appropriate for novice traders who are not highly involved in developing their own algorithms for their trading strategies. Thus, if you’re a beginner, MetaTrader4 is the best trading platform for you.
I like the trading environment at LimeFx for its pricing transparency and balanced asset selection. LimeFx offers beginners a quality introduction to trading via its video course, and the minimum deposit of $50 ensures limefx LimeFx is accessible to traders with smaller portfolios. Forex traders get an excellent asset selection, and I like the availability of fractional share dealing, making LimeFx a solid broker for beginners.
Many traders worldwide find WebTrader to be appealing due to its user-friendly layout. You can trade forex without installing any additional software on your devices from any browser or operating system. You may start trading and access all of your account information with just a few clicks. The WebTrader software offers one-click trading and many charts for comparing assets. These instrumentsinclude forex, metals, futures, shares, indices and commodities.
Trading EUR/JPY with LimeFx this month has for sure been a wild ride! I’m not sure it will happen again like this in my lifetime, tbh.Exept later this year when US will gonna vote for its future, lol. Hello Song Thum Somboon Dechsuwan,We’d like to thank you for your kind words!
Unfortunately, the online trading industry is not exempt from these and other fraudulent attempts to deceive users. Therefore, it is very important that you always verify that you are transacting with the official LimeFx platform. 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. LimeFx is not targeted to residents of the EU where it is not licensed.
The Privilege account offers all the features of Standard and Premium accounts. The main difference is in the spreads, with an average spread of 1.1 pips. Compared to other brokers, LimeFx offers relatively higher leverage than other brokers. It’s important to note that leverage in trading acts as a double-edged sword, enabling traders to potentially magnify their profits if the market moves in their favor. However, leverage also magnifies losses if the market moves against them. The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies.
Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets. The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. The competitiveness of LimeFx’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable.
Most of these instruments have tight spreads, which makes trading withLimeFx a cost-effective option. Regarding withdrawals and deposits, LimeFxdoes not charge any extra fees for using their payment gateways. However,clients might need to pay third-party charges for using certain paymentmethods. In addition, clients at LimeFx do not have topay any commissions, as the broker charges only the spread. Access your MT4 trading account from any web browser in the world with LimeFx’s WebTrader.