LimeFX Reviews Read Customer Service Reviews of LimeFX com
With certain accounts’ shockingly low minimum deposits, this inclusion opens up trading to a larger audience. A Contract For Difference, or CFD, is a form of derivatives trading that allows traders to speculate on the everchanging price movements of instruments and assets in the global markets. Browse a list comprising of the most profitable traders and copy their trades and winning strategies in just a few clicks.
STP/ECN Accounts
You will find that their commitment to customer service and education sets them apart, making them a notable choice for your trading needs. Traders must ensure they execute risk management to avoid magnified losses. LimeFX offers negative balance protection, meaning traders can never lose more than their deposits.
In my experience, the charts screen is probably the most important component of every platform. It is the window through which traders can observe price action behavior and understand where the market might be headed next. However, any account that has been inactive for 90 days and has an account balance of up to 1 cent of any currency will be achieved. Also, LimeFX reserves the right to apply a 3% ‘no trading’ fee when a trader has deposited and requested to withdraw funds without ever entering one trade. Brokers operate multiple entities because it allows them to serve clients worldwide.
- Although LimeFX lacks a proprietary trading platform and its Bermuda-based entity operates without regulation, I rate LimeFX as a decent broker that caters to the needs of its clients.
- Compared to the broader industry, LimeFX offers an above-average number of FX pairs, commodities, and indices.
- Our analysis of LimeFX uncovers a broker that serves a wide variety of traders, ranging from novices to experienced professionals.
- LimeFX lists no expiry times, which is great, as all demo traders require unlimited access.
Overnight Fees
The books are pretty exhaustive and can help newbies gain a firm understanding of trading basics. Each idea underscores a currently unfolding trading setup – a bullish or bearish pattern, such as the ‘Engulfing Line (Bullish)’ shown below. What I found particularly useful is that it states for how long the idea can be applied before the underlying opportunity expires. The clear advantage of this model of execution is that with it, you are guaranteed entry, in that your order request will eventually be filled once there is enough liquidity.
The blog is where you can access more articles and opinion pieces to get a broader perspective on what is driving the market. Materials in the website’s blog section are written in support of the rest of the technical and fundamental content. Provided by Trading Central, the Technical Views section affords a more detailed insight into current trading opportunities. The materials underpin key support and resistance levels and pivot points.
LimeFX Review – Analysis of Brokers’ Main Features
Content is available in written and video formats, making it more accessible and easy to grasp. The trading ideas and market analyses are well-researched and with a clear focus. Compared to the broader industry, LimeFX limefx forex brokers reviews offers an above-average number of FX pairs, commodities, and indices. These afford traders access to multiple markets with varying degrees of underlying volatility.
How long does it take to withdraw money from LimeFX?
Generally, you can expect competitive spreads, but it’s crucial to check if any commissions apply. Ensure you are fully aware of these costs, as they can affect your trading performance. With the Standard Account, you can enjoy the benefits of trading without having to pay any commissions. This account type features spreads starting from limefx forex brokers reviews 1.3 pips, making it suitable for both beginners and experienced traders. I checked the usability of LimeFX’s seven retail account types and found them quite diverse, with hugely varying pricing mechanisms.