To create a comprehensive review of LimeFX, we tested the MetaTrader 4 platform on several devices. You can choose from MetaTrader 4 software for Mac or PC, the browser-based WebTrader platform, or the MT4 mobile applications which are available for iOS and Android. The deposition and withdrawal process was very smooth and easy. The account opening process is very quick and fast, you need to spend too much time on it. This is very pathetic and I felt so bad losing my LimeFX. I did a due diligence test before investing with them but guess what I ended up getting burned.
LimeFX offers a demo account, which you can use to try out WebTrader and the broker’s other research and analysis tools. However, you must open an account in order to access the demo, which means you must meet the $250 minimum deposit requirement. LimeFX offers commission-free CFD trading along with powerful trading platforms and research tools.
How To Deposits and Withdrawals Funds?
74-89% of retail investor accounts lose money when trading CFDs. You should ensure you are aware of the risks involved in trading and if you can afford to take the high risk of losing your money. Discount brokers used to be the exception but are now the norm. They offer you tools to select your LimeFXs and place your orders. Some also offer a set-it-and-forget-it robo-advisory service . Many provide educational materials on their sites and mobile apps, which can be helpful for beginning investors.
The MT4 Web Trader is the web version of the classic Meta Trader. This platform lets you open and close positions conveniently through a web browser. As a result, no download is necessary, and you can access your account from your office computer or any other device. All your account details and trading preferences are securely stored on the web browser. This LimeFX review will cover all the important elements of this platform. We will provide you with detailed and useful information to help you make an informed decision on whether this platform is suitable for you.
- For example, the spread for the EUR/USD is as low as 0.7 pip, which is way below the industry’s average of 1-1.3 pips.
- LimeFX is offering a commission-free trading service but the broker will charge other fees.
- First, you’ll need to click the Open Account button and provide personal details, such as your name and email address.
- CySEC is a trusted financial watchdog that oversees many of the top online brokers in the world.
Licensed by CySEC, T1Markets offers a flexible trading platform where users with varying degrees of trading experience can use it just as efficiently as others. Apart from the regular offering, the platform also has tailored accounts exclusively for professional traders to match their proficiency and requirements. Investlite is a broker with all the required services and features to enhance the trade of clients. The primary purpose of brokers is to lighten the trading experience of investors, catering to all the traders. Small investors or large investors can find a place for themselves with Investlite services.
Still others may offer a certain number of commission-free trades for opening an account. It is a regulated entity holding relevant licenses in three different jurisdictions including Cayman Islands, Australia, https://limefx.club/ and the United Kingdom. Licensed by one of the reputable regulatory authorities in the world, the platform is well-recognized among the trading community and it has also won a handful of awards along the way.
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His work has been published in leading online outlets and magazines. Investing101 is a fully licensed broker that is regulated by the Cyprus Securities and Exchange Commission . CySEC is a trusted financial watchdog that oversees many of the top online brokers in the world. The WebTrader platform’s charting interface was simple to get started with, although it isn’t the most powerful technical trading software we’ve seen. You can choose from a handful of different chart types, including standard candlestick, line, and bar charts. WebTrader allows you to place orders without leaving your charting window, but you don’t have the ability to create orders or price alerts simply by clicking on a chart.
Commissions and Spreads
LimeFX online trading platform is offering more than 250 financial instruments. The broker provides traders with reasonable spreads, and other flexible features. Besides that, there are no commission fees charged to clients but other fees available such us inactivity fees and swap fees for overnight positions. Anyone looking for a reliable and regulated broker with a commitment to customer satisfaction will be pleased with LimeFX. Once you’ve created an account, the next step is to deposit funds. Our LimeFX reviewers found this was both straightforward and quick, as the broker offers multiple payment methods and does not charge depositing fees.
80% of retail investor accounts lose money when trading CFDs with this provider. These products are not suitable for all clients, therefore please ensure you fully understand the risks and seek independent advice. Actual product may vary.For those who enjoy trading on the go, LimeFX offers a functional and convenient mobile application which works on both Android and iOS systems.
- As there are no hidden costs or extra commissions either, these accounts are Sharia-compliant.
- The integrity of the trading platform is designed in a way to make it secure against third-party interception of personal data.
- The broker is also a member of the Investor Compensation Fund and all live accounts come with negative balance protection too.
- They include a web-based trading platform known as WebTrader, the world-famous MetaTrader 4, and mobile apps for Android and iOS devices.
They truly should be made held accountable at once for their unlawful practice’s preying on vulnerable and sincere people.They are clearly breaking the rules and guidelines of CYSEC.
Fractional Share Investing
Traders can enjoy customized trading functionality, with dozens of analytical objects provided, and full trading history as well. Since its launch, LimeFX has continued to grow and offer trader innovative features and access to over 250 tradable instruments. Traders also can take the advantage of the quality and up to date educational materials as well as a helpful customer support limefx courses scam team. Yes, our review of LimeFX found that the broker offers many features synonymous with a good trading experience. This includes sturdy adherence to CySEC regulation, a world-leading trading platform, a diverse instrument collection, and competitive fees. In addition, LimeFX is well regarded within the industry, having gained several awards since launching in 2016.
Each account was specifically created for a different level of trading. Here are some of the differences in the account types offered by LimeFX. Like many brokers LimeFX also charges fees for brokerage. The only thing traders need to follow or must be aware about is the inactivity fees which are charged by the broker for not using the account for two or more months. Each version of MT4 available at LimeFX offers a wide range of technical tools.
This marketplace can be accessed from with the platform itself. The MT4 mobile app gives traders access to most of the analytical tools and all the trading abilities of the other MT4 platforms. Plus it synchs with the other MT4 instances, allowing a trader to place a trade on the desktop, modify it in the Web Trader, and then close it later in the day in the mobile app.
Additional resources are available in the form of a comprehensive Educational Center with didactic material designed to help clients make informed trading decisions. Security is high on the agenda too, with SSL encryption, and firewall protection. Users of LimeFX can access the MT4 platform via a mobile app for Android and iOS devices.
It uses the MetaTrader 4, a user-friendly platform which is compatible with multiple devices. LimeFX offers various accounts as well as funding methods for the traders. Broker has a support team to help the traders with their needs and clarification and the website consists of educational materials which enhances the knowledge of traders.
If you want to invest in markets outside the US, LimeFX offers index CFDs. There are 15 indices available, spanning North America, limefx review the UK, mainland Europe, and Hong Kong. Spreads can be as low as 0.32 pips and exceed 2 pips only for a few index CFDs.