The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The broker offers you to choose among multiple chart and order types, manage orders, positions & equity online, use advanced charting and indicators and more. But the amount of trading tools is poor enough. LimeFX is a leading forex, commodities, and metals broker, offering trade execution speeds accessible to retail and institutional traders alike. So they provide 6 different asset classes and those have many intruments in them.
Replies to “LimeFX Review”
Started trading over a year ago but have learnt a lot while trading. The strategy, psychology, the emotions when things go bad and when things go right. Taught me a lot about myself.Had 1 issue with my payout, got resolved by talking to support, thankfully the money got returned to them so they could send it back to me. Glad it was resolved professionally and without anyone blaming anyone else. Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet.
It gets easier once you switch to higher timeframe
STP/ECN accounts are cool because leverage isn’t big while spreads are narrow, especially on absolute zero. The analytical tools and the huge variety of tradableinstruments corresponds to my strategic approach perfectly. I have also beenenjoying the Competitive spreads and customer service since I invested with this broker. Hello Durand,Thank you for sharing your positive feedback about the variety of trading accounts available at limefx scam LimeFX. The platform certainly deserves attention from traders. It has a fast and secure trading platform, webtrader interface, solid array of assets for trading and quite favorable conditions for depositing and withdrawing money.
Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFX Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. Daily videos stopped abruptly in late fall 2018. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone.
In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments. Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information. limefx When I started trading with this broker I did not know exactly what trading strategy I would apply.
Name a trader who doesn’t know the…
LimeFX supports only forex and CFD trading on multiple assets. The lack of trading in equities and options besides the share CFDs might disappoint stock and options traders, although LimeFX might be suitable for traders who only want to trade in these markets. For a wider range of asset classes, you might want to look for a different online broker. LimeFX can boast a fully customizable, user-friendly interface. The broker has a great clean design and easy-to-use platforms.
- The “Intraday Comment” section had a single 18-month old entry about the Eurozone.
- The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link.
- The trading platform, which is the MT4, seems like the only converging points for these brokers.
- There’s an entire generation of young people who are know of legal age to dive into the world of finance all around the Europe and the world.And the simplistic brokers are just not good enough for them.
- All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations.
LimeFX provides 24/5 customer support through email and live chat to all the users and active clients from 180+ countries. Moreover, you can get the answer in more than 30 different languages. The great advantage is the number of assets to choose from. You can trade on 200+ trading instruments from various asset classes with LimeFX, including forex, metals, indices, commodities, futures, and shares.
I am glad that I once tried services offered by the LimeFX broker. The trading infrastructure here is full of modern tools and software that are usually adored by traders. For instance, MetaTrader 4 is the most optimal option for both trading manually and engage in algo trading. The only downside – absence of cryptocurrencies for trading. LimeFX is a real broker offering trading services in forex, commodities, shares, and more across over 180 countries globally. It has been in operation since 2010 and is regulated by several financial authorities, thus proving that it is a real CFD broker.