LimeFx broker reviews: LimeFx Review: Is LimeFx A Good Broker For You?

LimeFx broker reviews
LimeFx broker reviews

You will also receive free education related to the trading market, through videos, tutorials, courses, ebooks and webinars. You will be able to invest in all the products offered by LimeFx, such as Forex, commodities or Bitcoins, with no commission fees. This broker prioritizes its clients so that they can enjoy their trading experience to the fullest.

In general, Forex bonus types are also known by the name of a promotion. In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread. Despite LimeFx’s market conditions that are offered, the company has not received any awards to date.

  • According to users’ opinions, it is a perfect tool to introduce yourself to the world of Forex trading, although with virtual money.
  • In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread.
  • We have compiled the LimeFx Review after investigating the reputation of LimeFx brokers online and conducting extensive research.
  • They will benefit more from the educational material and the competitive fixed spreads.
  • Throughout this article we have detailed LimeFx’s Forex trading service for investing in different financial products.

The Gold account offers around 1.3 pips on the EUR/USD and 2 pips on the GBP/USD. The Platinum account gets the lowest spread of around 0.7 pips on the EUR/USD and 1.3 pips on the GBP/USD. Spreads are dynamic and will naturally vary, but these are typical spreads, currently quoted on the Global.LimeFx website.

Cool brokerage with everyrthing in

LimeFx offers multiple instruments across forex, commodity, CFD, index, and stock markets. Traders gave access to a range of currency pairs with spreads as low as 0.7 pips for the EUR/USD pairs. Furthermore, limefx broker reviews Global.LimeFx broker offers floating spreads for all real account types. There is nothing bad in floating spreads and most of the time they will be lower that fixed spreads offered by other Forex brokers.

When trading Foreign Exchange & CFD’s as with any financial assets, there is a possibility that you may sustain a partial or total loss of your LimeFx funds when trading. LimeFx offers a useful selection of free educational and training tools. These include eBooks, a VOD section, webinars, tutorials, articles, courses and more. A detailed glossary helps understand trading terminology and the company’s FAQs is also of great help.

LimeFx at a Glance

LimeFx may not have delved into this in the same way as some of its competitors, which have really decided to be the best in the market when it comes to educational materials. LimeFx is not on the same level here, but there is still plenty to keep you occupied, and lots to learn. The proliferation of e-wallets has picked up hugely over the last few years as people look to cut down on time and make their payments more efficient. It also gives you the opportunity to pay less on foreign exchange rates. While aesthetics are important, great stock options and a wide range of trading assets are what we are here for, after all, so it is worth checking out these first.

The broker covers all the processing fees for deposits and withdrawals hence all transactions made on the platform are free of charge. Its a proprietary trading platform consists of web-based software called WebTrader. Access to this platform is provided free of charge to all Global.LimeFx clients.

LimeFx broker reviews

For the funds’ security, the broker operates in full compliance according to the regulations. Therefore, the exercise of LimeFx LimeFx activities and the operation of regulated markets is in accordance with the rules of MiFID in the European Union, which has the right to cross-border services. LimeFx operates through two main locations and entities which fall under the particular registrations and regulations. In this digital environment, it is only natural that online brokers are keeping up with the trends by making it possible to deposit in as many different ways as possible. This enables people from all over the world with varying connections and bank balances to get involved and begin investing. If you require a swap-free account due to religious beliefs, then you can get an Islamic account, while a demo account is available for those who want to practice before they begin investing with real money.

However, in other places it is operating under the regulation of Belize, offshore regulation considered highly unsafe. Brokers Complaint is one of the best recovery agencies specializing in Lost Cryptocurrency funds recovery. We also help victims of Forex frauds, Binary frauds, LimeFx scams, Pension frauds and many other types of scams. Brokers Complaint has a team of experts to manage such scam cases and help in forex scam recovery, crypto scam recovery, etc. We assist customers with documenting the case against trick representatives.

Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies and financial institutions exchange currencies for one another at floating rates. To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level. Ultimately, deciding which leverage level to choose depends on the individual trading strategy and the actual vision of upcoming market moves.

Trading Platforms

They are attracted by the educational material it provides and the clarity the platform presents when trading. LimeFx offers the possibility to earn money by promoting its broker services through an affiliate program called Investing Affiliate. This program, specialized in Forex brokers, was created to get new clients. I think limefx this is one of the few on-line traders that you can trust. I opened an account recently with £250 and then found I had to live in France for some time without good internet access so wanted to close my account. The whole process was performed with the minimum of fuss and I received a refund of the £250 within 3 days.

LimeFx broker reviews

I find LimeFx responsible and professional broker, it proved it many times. “Hoch Capital Ltd is not permitted to provide regulated financial services to residents of the United Kingdom.” – FCA mentions, read more by the official warning link. The broker offers various payment methods once the account is open, the most common options and through e-wallets are available, payments via Debit card , WebMoney, Neteller, Skrill, Yandex Money and Qiwi.

Forex Fraud Certified Brokers

It combines an attractive layout with a functionality that makes it especially user friendly. You can sign in to your account at the top right of the home page, and can adjust the whole site to your preferred language at the top left of the home page. Languages available are displayed in a drop-down menu and most major European languages are there, including Spanish and German. A quick perusal of the website in different languages indicated that the translation quality is high and the switch between languages is quick and easy.

The spread is the difference between the bid and sell price of a currency pair, and what the broker charges, and is fundamentally how brokers make a profit. For every trade placed, the trader will have to pay a certain amount in costs or commissions. These costs vary from broker to broker, but they are usually a relatively low amount and are often the only cost of trading which a trader is likely to incur. The cost of trading is the overall expense that a forex trader incurs in order to run their trading business. As such, these awards are an indication of the broker’s overall level of performance, features and platforms at which they excel, and their general standing within the industry. The broker takes payments in multiple currencies, including USD, GBP, and also EUR, despite not having the authorization to provide services in the countries that use those currencies.

You can use Visa, American Express, Mastercard, Neteller, Skrill, Qiwi, WebMoney, Yandex and bank transfer. LimeFx offers free Forex related education through video on demand, tutorials, e-books and courses. These tools are very useful for technical analysis of trading strategies.

Methods of Payment: All the usual ways

Depositing and withdrawals can be done via credit cards, 3D Secure Deposit and Bank Transfer. These are basically the most common payment systems so I am giving them a Deposit and Withdrawal Methods score of 5/5. Webinars cover important, yet basic topics regarding trading and are offered a few times every week.

LimeFx offers floating spreads, which usually start from 0.03 pips, depending on the instruments traded. Newbie traders will want to find a broker which offers enough research and training tools in order to acquire the necessary skills to make profitable trades. Bonuses are offered for customers of LimeFx when trading or depositing funds. Leverage is essentially capital that a trader borrows from a broker to increase potential returns. The Forex leverage size usually exceeds the invested capital by several times. LimeFx quickly expanded its geographical portfolio and today, it offers its services to traders across the globe.

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