LimeFx Broker Review: Are They Worthy?

Foreign exchange trading has exploded in popularity because of the greater trading opportunities it gives and because of its high liquidity. LimeFx allows its clients to participate in the $6.6 trillion-a-day FX market using the leading MetaTrader4 trading platform. We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful.LimeFx ⚡️Empowering traders. I can’t judge about legal side of the broker, coz my knowledge in all this legal hassle are close to 0.i judge more about reviews that i found online. People are excited with their trading experience, they pinpoint that the platform has downsides, but they are insignificant. It’s nice to see broker’s not being selfish and promoting some education.

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LimeFx broker as well as other credible brokers are very serious about the protection of personal info. They are so properly and professionally designed, that when I show some of my friends, they can’t believe it. Because, they support multiple languages, so if you are not a native English speaker, that’s totally fine as well because your language is probably there. They also separate and organize them based on the possible level of experience of the trader. So you can basically figure out what level you’re on, learn on that level, and proceed to the next level and literally become a better, more informed trader and trade accordingly. Hello Yousef,We are so grateful that you took the time to write this excellent review!

What is the problem with CFDs?

Not too many indicators, definitely not for EA, but its good for just doing some one-click trading or setting some lines. Its not laggy and on LimeFx it loads up very fast.Just for some basic stuff — I enjoy it a lot. According to all reviews and warnings we can say there could be potential issues with this broker. Even if the broker is regulated it still doesn’t mean it’s genuine. That’s why you look for Tier 1 regulation, which LimeFx doesn’t have. They are a highly risky broker with a very quickly deserved bad reputation.

Why do you need a trading platform?

Traders look for small spreads, since a smaller spread usually means the specific asset is more liquid. On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming. 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.

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In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account. These indicators provide traders with insightsinto the markets and help them identify profitable trading opportunities. Withthe help of these indicators, traders can make informed decisions when trading. LimeFx also offers a range of advancedtrading orders, such as limit orders, stop losses and take profits.

LimeFx is a multi-asset broker that is gaining prominence for its fast execution and low spreads. To give its clients the most out of their trading experience and cater to all levels of experience, the broker offers them a choice from several account types, including Cent, Standard, Premium, and Privilege. In conclusion, LimeFx ranks favorably among its peers, offering traders a reliable and safe environment to access a wide range of financial markets with confidence.

When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. MetaTrader 4 is easy to navigate because of its simplistic design. It could be argued that MetaTrader set the standard for how retail platforms should be organized. However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4.

We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our content on YouTube to be helpful. We’re dedicated to providing our clients with a wide range https://limefx.vip/ of educational materials, and we’re thrilled to hear that you have found them helpful. We believe that education is a crucial aspect of successful trading, and we’re here to support you in your journey.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. The minimum contract size for the offered limefx scammers futures is 0.01, with the only exception being coffee, for which the minimum contract size stands at 18.75 USD. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. They advertise by super imposing their so called systems onto on line videos.

This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

• His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
• The broker offers access to a diverse portfolio of over 300 tradable instruments across major asset categories.
• I recommend beginners start with the LimeFx video lessons before funding a LimeFx account.
• Traders can enjoy trading with fast execution through the industry-leading MT4 trading platform.
• While leverage enables you to potentially earn bigger profits, it can also incur bigger losses.

I also appreciated the vast amount of over 150 written articles that are available from LimeFx’s blog section of the website. Traders also have access to the broker’s four educational e-books. I appreciated LimeFx for developing the bulk of its research materials in-house. Its content is diverse and provides a basic explanation of current market trends and developments.

As the overall supply and demand of thesemetals are pretty predictable, traders can use specific strategies to takeadvantage of market movements. Forex traders can trust LimeFx’s platform forsafe and secure trading. For traders, LimeFx also provides a negativebalance protection policy, ensuring that their margin balance does not go belowzero. This protection ensures that traders do not incur extra debts whilelosing trades. The above articles are prepared by third parties and not LimeFx.

LimeFx have a nice variety of trading accounts which can cater for different types of trading style. You can choose between the Standard, Premium, Privilege and Cent accounts. The account type which you opt for depends on your risk tolerance, your initial investment size and the available time you have to trade on a daily basis.

Moreover, I evaluated its trading fees to exceed the industry average. I quite enjoyed LimeFx’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point.

Unfortunately, traders will not have the opportunity to trade CFDs on base metals like copper, nickel, or zinc, among others. Due to regulatory restrictions, LimeFx does not accept customers from several jurisdictions, including North Korea, Sudan, Cuba, Syria, the US, and Iran. Additionally, the broker does not target residents of EU countries where it is not licensed. Hello Abdullah Khaled Al-Saleh,Thank you so much for taking the time to leave this review. We’re thrilled to hear that our support team was able to help you out with your inquiry.