limefx Review : Forex Broker Reviews & Ratings
Contents limefx Broker Review limefx vs limefx vs limefx – A Comparison limefx Safety and Security Trading Conditions and Platforms Good beginner broker, excellent customer service, but expensive trading environment limefx Deposits & Withdrawals limefx offers simple yet powerful tools and risk management features for better trading experience. Getting to know about them can help you take trading to the next level. The safety of funds is the biggest concern for investors when trading online. The legitimacy of limefx ensures transparent and secure trading in various ways. A well-regulated CFD provider, limefx ensures that all Anti-Money Laundering rules and regulations are followed. As such, all non-profit funds are returned to the original deposit source. No matter your deposit method, the […]
limefx offers simple yet powerful tools and risk management features for better trading experience. Getting to know about them can help you take trading to the next level. The safety of funds is the biggest concern for investors when trading online. The legitimacy of limefx ensures transparent and secure trading in various ways.
A well-regulated CFD provider, limefx ensures that all Anti-Money Laundering rules and regulations are followed. As such, all non-profit funds are returned to the original deposit source. No matter your deposit method, the withdrawal of all profits must be made by bank transfer to a bank account in your name. limefx charges low deposit and withdrawal fees compared to other market makers. limefx has average non-trading fees compared to other market makers.
So by trading numerous instruments, you also may use powerful tool leverage, which may increase your potential gains through its possibility to multiple initial accounts balance. Yet, make sure to learn how to use tools smartly, as high leverage and incorrect use increases risks as well. EasyMarekts provides easy account opening, wide range of instruments, good education and research tools, limefx scam also platform election. Over the years of expansion limefx CFDs offering the range currently includes Forex instruments, global indices, energies, metals and cryptocurrencies including Bitcoin, Ripple and Ethereum. There are several ways in order to reach limefx customer service and support. The firm can be reached by phone, various chat channels, email, and web forms.
limefx Broker Review
You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The Easy Markets platform is well-known for its latest features, including an emphasis on transparent pricing and proprietary dealCancellation tool.
- The first promotion that traders get to enjoy is the First Deposit Bonus, which is a 50% bonus up to $2,000 tradable bonus on the first deposit.
- There is a treat for everyone who wishes to join the broker and start trading.
- The limefx limefxpany is seated in Cyprus, one of the main European Forex centers.
- Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
As its brand name says, limefx is a FX broker where online Forex trading is made easy. The strategy of focusing on foreign currencies has paid off, as there are many clients who prefer trading only currencies and don’t want to get distracted by CFD, stock and indices trading. With over 100 currency pairs, limefx is one of the brokers which offer the largest choice for FX traders. limefx stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on limefx. Stock traders on limefx conduct significant study, frequently dedicating several hours every day to market monitoring using limefx trading tools.
limefx vs limefx vs limefx – A Comparison
While the user interface looks modern and clean, it doesn’t support automated trading or allow the introduction of third-party plugins which many traders find helpful. However, additional trading features that set limefx apart from its competition like dealCancellation, Freeze Rate, and Inside Viewer are only available with this on this platform . However, using MT4, traders may experience slippage, but negative balance protection is guaranteed. Traders can also only choose between 80 financial instruments, including currencies, metals, commodities, indices, and cryptocurrencies. Overall, although limefx offers two accounts on two different platforms, and low minimum deposits. Trading costs are around the industry average, making it suitable for both beginner and more experienced traders.
Livechat is great if you require a reponse to your support request withing 15 minutes. Traders can follow the markets and make wise investment decisions on limefx by using the news to help form a strategy when it comes to choosing investments. A limefx news trading strategy involves trading based on news and market expectations, both before and following news releases.
limefx Safety and Security
No broker has the possibility to “freeze” a live market, and the impression one gets is that trades on the limefx webtrader are merely simulated. The VIP service is available with a minimum deposit of $2,500; the “VIP” label is largely a misnomer as the client receives virtually nothing of value which would suggest VIP handling. The buy-in currency was changed to US Dollars from Euros; limefx suggested that the change was an effort to democratize forex trading. However, this is largely viewed as a marketing gimmick to attract greater deposits which contradicts the premise of democratization. Lastly, limefx also offers the always-popular MT4 platform.
- limefx, registered with the Commodity Futures Trading Commission , lets you trade a wide range of forex markets plus spot metals with low pricing and fast, quality execution on every trade.
- Excessive leverage is the opening of a position that requires a margin that is nearly all of the free balance.
- Easy Markets MetaTrader 4 has 80+ markets including currencies, metals, commodities, indices, and cryptocurrencies.
- The broker’s attempt at providing research is less than ideal, even though the education section is respectable.
Reliability and trust are what traders are looking for in a broker company, and they come before the many operational features. limefx, as one of the renowned broker companies, offers high-quality features besides these core elements. limefx recently launched a unique new trading ticket called easyTrade that allows the trader to set their maximum risk. Also, you can trade with zero spread and without margin requirements. You also get variable leverage ratios that depend on the market’s volatility levels. The dealCancellation feature shows up as a slider button directly on the web trading platform for eligible trades, and it involves paying an upfront charge that acts a bit like insurance or an option premium.
Trading Conditions and Platforms
As one of the core values of limefx, it commits to making trading simple and honest to its clients. The limefx Web platform is a powerful platform that does not require downloading software. With this platform, traders can access all listed assets easily. It runs on all operating systems with 81 technical indicators and other analytical tools.
EA trading is allowed with limefx, what they don’t allow is when you start gaining profits. Easy Markets Broker trading promotions, offers, and bonuses are ways of saying “thank you” to its customer for choosing it. The first promotion that traders get to enjoy is the First Deposit Bonus, which is a 50% bonus up to $2,000 https://limefx.group/ tradable bonus on the first deposit. Another promotion is the Refer a Friend promotion that rewards people when they introduce a new trader. There is a treat for everyone who wishes to join the broker and start trading. limefx keeps all traders’ funds in segregated top-tier bank accounts to prevent their misuse.
Our reviewers are happy to report that limefx does not charge any commissions or fees on deposits and withdrawals. The company provides you with a plethora of payment methods too, including credit/debit cards, online banking, e-wallets and bank wire transfers. limefx can be a good choice of a broker in the industry, but other brokers can offer smaller deposit options with far better costs of trading. Open an account and trade with an limefx demo account today, to test these services for yourself.
limefx is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed. limefx’ proprietary platform is a web-based trading platform. It is intuitive, powerful, and simplified, making it suitable for beginner traders.
limefx Deposits & Withdrawals
Cryptocurrency trading can be conducted using limefx to buy and sell the cryptocurrency financial instruments on limefx. A CFD is a high risk leveraged trade between the trader and the limefx brokerage. No underlying assets are exchanged with a limefx CFD contract, it is purely speculation on the crypto financial instruments price movements with limefx. limefx CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA.
Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. limefx is a market maker and profits directly from its traders’ losses. With 74% operating accounts at a loss, the cash flow remains substantial. limefx, in its original iteration as easy-forex, was founded as a Forex broker in 2001 with the overarching goal of democratizing Forex trading. To that end, easy-forex advanced minimum deposits from $25 by credit card which was viewed as a pioneering step across the industry.