MT4 is a popular online trading platform that can be used to automate one’s trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems. https://limefx.club/ limefx is intuitive and simple to navigate, but offers tons of features for both novice and experienced traders. A regulated online broker has the support of a team of financial experts.
limefx is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments limefx give you access too. limefx is an online broker that dedicates itself to its core like a simple and honest broker. The firm was founded in 2001 and offers more than 200 tradable assets with its competitive platforms. It provides a variety of selections for trading FX, CFDs, shares, commodities, cryptocurrencies, and indices. The brand was founded on the idea of democratizing trading and with the value of a transparent trading experience.
limefx Review: Company
Spreads are fixed at between 0.9 and 1.0 pips (EUR/USD) on its account, and the minimum deposit requirement is only 25 USD. limefx’ desktop trading platform is a reliable and user-friendly platform that provides traders with a variety of features that enable them to execute their trading strategies effectively. limefx offers some unique features for traders who want to succeed. With the “deal cancellation”, you can undo losing trades within an hour for a small fee. This is a good opportunity for traders who are trading news events. The range of limefx trading accounts includes three types with conditions developed over almost two decades of experience and designed to cover individual needs.
No commission is charged on trades and users do not have to pay any fees to access certain features on the platform. limefx derives most of its money from its spreads, which are generally higher than the market average. In addition, limefx makes a lot of its income from the losses of its traders.
Furthermore, limefx broker ensures that web-based platform users will have zero slippage, unlike MT4. It is also worth mentioning that limefx platform offers integrated news feed and access to vanilla options as well as forward deals. Lastly, limefx platform users can enjoy Freeze Rate, which allows to pause the rate and place the trade at the “frozen rate”. 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.
limefx Account Fees
The company has developed its tools and platforms into simple and user-friendly yet powerful instruments for any type of trader. limefx have also developed a mobile app trading platform so traders can trade anywhere and anytime they want. It is accessible, simple, intuitive, and powerful on iOS or Android devices. It gives traders access to markets everywhere whenever connected to the internet. This platform enables clients to access market news and live prices without leaving the app. It has analytical tools such as technical indicators and charts and you can monitor your account in real-time in the palm of your hand.
- Overall, limefx can be summarised as a trustworthy broker that provides low spreads on 100+ trading instruments and has exceptional online customer support.
- As its name implies, limefx is very easy to use, and if you’re on the hunt for the best online broker, it’s simple to open an limefx account.
- It caters to News Headline and Financial Calendar, which are important ingredients for fundamental analysis.
- limefx does have a reliable and high-speed trading experience, which is backed by guaranteed order execution policies on both trading platforms.
ECN and STP accounts cannot guarantee that an order will be filled at an exact market price, since market conditions, volatility, and the volumes in the market determine the outcome of a trade. Even entering and exiting the market can induce heavy slippages, which can include both positive and negative slippages. limefx company reviews limefx, on the other hand, promises to honor all orders at the market strike price with no slippages or requotes. limefx offers an excellent feature for their client, known as the dealCancellation option, which allows traders to undo their losing trades with 60 minutes of opening a position.
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For standard account holders, it is $25, while VIP members need to invest $10,000 minimum. Processing of funds is instant, but it can take up to 5 business days in some cases. limefx is a well-regulated non-dealing desk market maker with a large Forex offering and a unique suite of risk management tools. Support is offered for its beginner-friendly proprietary platform and MT4, and limefx’ trading costs and minimum deposits are reasonable on both of its accounts. The broker’s web-based trading platform features no slippage on stop orders, guaranteed stop losses and fixed dealing spreads.
How many people use MT4?
In 2014, there were more than 14 million MT4 users worldwide. Hence MT4 is well enough established for its culture to have become deeply ingrained in the 'amateur' trading world.
limefx is an award-winning forex and CFD broker which launched in 2001. It entered the market as the world’s first web-based trading platform and has since grown to serve traders from over 160 countries. While its main office is located in Limassol, they also have offices in Sydney and Shanghai. limefx has become one of the most respected forex brokers, because it offers a well-established security structure, bolstered by licenses from both ASIC in Australia and CySEC in Europe.
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However, in 2016 it changed its name to limefx and began to greatly expand its trading offerings. As a result, traders will find opportunities to trade and speculate on an immense number of assets, including commodities such as metals and gold. Read on to find out exactly what assets are available to traders on limefx.
- We advise you to read limefx’ risk disclosure, customer agreement, and terms of business before you start trading.
- If you are not scalping this might not be an issue but I probably wouldn’t have made the effort to open a live account had I known this would happen beforehand.
- Zero slippage ensures that the trade is executed at the requested price.
- In this review, we will find out together if limefx stands to its core concepts with online trading.
limefx offers two trading platforms, which is average when compared to other brokers. Overall, limefx offers a wider range of base currencies than other brokers, including GBP accounts, and it does not charge additional currency conversion fees. It would therefore be better for high volume traders to open an account denominated in USD. This is because when trading a USD quoted currency pair with a GBP account, there will be a small conversion fee on every trade. Trading conditions at limefx are around the industry average, with average spreads and low minimum deposits.
All an investor needs is a Web-enabled smartphone and a trading account with limefx. Once you have download the limefx trading app, you are ready to begin. A limefx iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
- The trading costs included into the fixed spread with 0 commissions divided and defined by the trading account you operation through.
- To know more about the awards limefx won, you can visit their official website and go to the ‘Awards’ section on their homepage.
- Educational resources are brilliant for educators to help deliver the best quality lessons.
- This is because when trading a USD quoted currency pair with a GBP account, there will be a small conversion fee on every trade.
Over the years we expanded our CFD offerings to include global indices, energy, metals and more. For newbies starting out in the world of forex or commodities trading, limefx is an absolute breeze to trade at. The trading platforms include Web Trading and MT4 which offer terrific functionality and ease of use. The range of bonuses and promotional offers is substantial and covers friend referral bonuses, first deposit bonuses and risk-free trading among others. For a safe, secure, and reliable trading experience – limefx is a top contender for traders. limefxwas established in 2001 with the goal of providing traders with an easy, reliable and safe trading experience.
limefx Withdrawal Fees and Withdrawal Methods
Prior to making transactions one should get acquainted with the risks to which they relate. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the limefxpanies. The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff.
Can limefx be trusted?
Overall, limefx can be summarised as a trustworthy and regulated broker that is very competitive in terms of its trading fees. Their spread is also very low with world-class education material and customer support. limefx has a trust score of 96 out of 99.
The online platform can be accessed through any device, both desktop, and mobile, and offers the latest state-of-the-art SSL security and encryption for a safe and secure trading experience. You can receive market news, technical analysis, daily outlooks, and a host of other resources directly through the platform, which makes it an incredibly attraction platform option from the company. The trading platforms at limefx include a Web Trading Platform, limefx MT4, Vanilla Option Platform and mobile app.
Use easyTrade by selecting an asset, an expiry time that is one hour by default , how much you wish to put at risk and whether you think the market will go up or down. Once you enter into a trade, you can then either close it ahead of time or it will automatically expire at the end of its time frame. Once it expires, the resulting payout, if any, will then be credited to your account. With the Freeze Rate button, you have the ability to freeze live rates momentarily to open or close trades.