LimeFx gives clients access to trading contracts for difference (CFDs) on a wide range of asset classes including forex, commodities, spot metals, spot indices, futures and shares. The online broker offers several different account types and trading platforms, as well as a blog, research material and educational resources. LimeFx also offers social trading via its AutoTrade platform and keeps segregated accounts for traders. The broker is also holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool.
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And Ireland clients can also place spread bets, although the costs are not fully disclosed. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LimeFx won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop.
Tools & Features
The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. The TradeCopier service allows aspiring investors to copy the strategies of top traders in real-time. The tool is a great way for beginners to limefx forex brokers reviews learn from more experienced investors, whilst strategy providers can earn performance fees. LimeFx could be a good starting broker for new and intermediate retail traders, although more professional traders might look for a broker with additional research resources and assets. LimeFx recently strengthened its educational tools by introducing the Academy.
Investment Products
With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. LimeFx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa.
Desktop Experience
- LimeFx uses standard security features to keep clients’ personal information secure, including website encryption.
- The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFx.
- 75.35% of retail investor accounts lose money when trading CFDs with this provider.
- Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers.
75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LimeFx also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. LimeFx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade.
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The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream. Mobile users benefit from total trade management without having to sacrifice functionality. The mobile offering also comes with the LimeFx Research app which gives users an overview of the financial markets and major news events.
Trading Hours
An account manager is available with all of LimeFx’s trading accounts. When we used LimeFx, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator. LimeFx also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000.
The trading competition might also be an incentive to open an account, and the broker’s support for the popular MT4 platforms seems to be the best feature of this broker. LimeFx services over 1.2 million clients in 180 countries around the world, providing 300 tradable instruments from 6 asset classes. In addition to an online chat feature, LimeFx gives clients access to 24/5 client support in 45 different languages.
However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead https://limefx.club/ link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone. The trading platform has been very convenient and easy to navigate. I also love how cost-effective this platform is, the broker has beginners in mind.
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