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. LimeFX does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea. Success in online trading and investing depends on proper planning based on solid information and useful market insight.
Choose your trading account
I thus found them quite useful for both beginners and experienced traders. You can use the filters limefx reviews of the calendar to search for events depending on their expected market impact. Live news feed helps traders stay on top of the latest market developments. Each piece is light and easy to grasp, containing no more than 2-3 sentences. This type of content is not intended to delve deep into the subject matter but rather to help traders screen potential opportunities as they emerge.
Account Types
The account is equally suitable for high-volume and high-frequency trading. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD when the pip value of the pair is $10. Based on my findings, I concluded that trading CFD shares is most advantageous with LimeFX. LimeFX, a forex and CFD broker, serves over 1.5 million clients worldwide, providing access to more than 500 tradable instruments from various asset classes. In addition, it’s worth noting that their spreads can fluctuate based on market conditions, potentially affecting trading costs.
Our investigation into LimeFX’s client agreement and policies uncovered that the broker has implemented a margin call policy to safeguard accounts from incurring negative balances. These funds are necessary to open and maintain a leveraged position, serving as a deposit to demonstrate good faith. It caters to traders interested in studying sector or economic movements and those seeking to profit from economic news and sector shifts. MetaTrader 4 (MT4) is the foundation of LimeFX’s trading platforms, known for its dependability and extensive functionality. Download and install the MetaTrader 4 (MT4) platform, or utilize the web version.
- You can reach customer support directly on the LimeFX website through its live chat feature.
- Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet.
- With more than $5 trillion traded daily, forex is a leading destination for active traders worldwide.
- LimeFX might reassess its pricing structure to remain competitive in the marketplace.
Live Zero Fixed Spread Account
Eventually, I was advised to refer to a different support department to receive additional clarification. I did as I was told and sent an email to the address that the agent provided. When we test a broker’s customer support team, we evaluate the agents’ knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Phone support is available only to active clients with their account managers. One great advantage of LimeFX is that they provide free deposits and withdrawals for most methods.
For a wider range of asset classes, you might want to look for a different online broker. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. The broker’s account diversity is impressive, with a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules. They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program.
Based on its rating for education and beginners, it provides an average educational experience. I checked LimeFX’s multiple educational materials and found them highly practical. There is something for everybody, from the seasoned expert to limefx scam the novice rookie. Content covers essential trading topics, such as technical and fundamental analyses, risk management, and trading psychology. Proprietary to LimeFX, the Market Insights section comprises lengthy and comprehensive takes on current trading opportunities.
