LimeFx review: Is it a legit or scam CFD broker?

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LimeFx review

Their trading platforms are stable and fast in order execution, which is a key factor for any trader. In addition, LimeFx provide a wide range of trading instruments, which allows limefx scam me to diversify my trading and generate profits from different markets. Their quality of service is also very high and I always get fast and professional answers to my queries.

LimeFx review

LimeFx executes its business model to perfection and is a prime example of how a brokerage should be operated. LimeFx offers in-house research while it has also partnered with Trading Central in order to offer a third-party solution to its clients. The educational section is very comprehensive and an excellent starting point for new traders. LimeFx has done a fantastic in both departments which complement the trading conditions offered; the attention to detail and fresh content is respectable.

How does LimeFx make money?

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. LimeFx scores quite well when it comes to reputation and trustworthiness. Most importantly, it is regulated in the United Kingdom, which is reputedly safer than some regulators in the EU. LimeFx also advertises that it has one of the highest counterparty credit ratings in the industry, scoring 96 on a 100-point scale, where a high score indicates a lower risk of default or bankruptcy. We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money.

An impressive list of more than 85 international awards is constantly being updated, and the number of loyal customers is increasing on a daily basis. The commany offers a range of assets including CFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies and cryptocurrencies. This means that clients’ account balances cannot go below zero, even in the event of significant market volatility or unexpected market movements. The latest addition in the set of trading software is the Markets web-based platform. As well as MetaTrader’s WebTrader, it is accessible from the browser.

It will be interesting to see what this already well-received platform will look like when it’s finished. LimeFx has developed and released the beta version of its latest trading software. Edge is designed to be a platform for spread-betting, and trading through it means you have access to some of the best prices on LimeFx. Like all LimeFx accounts, the Edge account has no commissions and super low prices all-around, so it is probably worth keeping an eye out for as it goes through further development.

They also do not provide managed accounts or promote any social trading platforms. Although a big brand name, I believe there to be less expensive brokers available. It offers a wide range of learning materials for traders of all levels, but it can be confusing and difficult to use for those who are new to the scene. Despite this, LimeFx is a great choice for those who don’t want to hold their own crypto coins, as it replaces modern crypto exchanges. It offers a world of opportunities for traders, with its wide range of markets, competitive spreads, and advanced trading tools.

The video tutorials are for both beginners and advanced traders. This section is regularly updated to ensure traders are well aware of significant market changes. Traders who lack the time to visit the course materials can make the most of these video tutorials. While this may help, the videos are limited in terms of challenges where professional traders are concerned. While all the courses in LimeFx education are interactive in nature, it is still important to self-check or assesses one’s understanding.

Commission Fees Are Low

The broker is regulated by several authorities, ensuring a secure and trustworthy trading environment for retail clients. We believe everyone should be able to make financial decisions with confidence. ECG Pte Ltd () is an independent publisher and comparison service, not an LimeFx or financial advisor.

LimeFx review

I want to mention one feature of this broker that not many people talk about. LimeFx has a vast range of financial instruments that you can trade. Yes, you need the knowledge to trade some of them, but on the whole, it opens up great opportunities. I’ve been using LimeFx for a few years now and I’m really impressed with their low fees. As a young investor who is just starting out, every penny counts, and LimeFx’s low fees have allowed me to invest more of my money and grow my portfolio faster.

Deposit fees and options

Once your account has been approved, you can then make a deposit using one of the many methods available. Based on our research we found out that LimeFx offers user-friendly platforms with all the tools and resources you need to trade successfully. What I am seeing whilst trading here is a collective, professional level effort, completely concentrated on accomodating all kinds of client needs. This is why they are taking 0% fees in financing, their pricing structure is really favorable, they have an expanded coverage of trading platforms.

LimeFx review

I guess that this broker turned out to be the most advantageous recent discovery. Well, I could say banal things such as a very reliable broker, but I understand that there’s nothing unique here because you can find many reliable brokers except for this one. The unique feature of this broker is that https://limefx.vip/ here you can find many trading platforms and accounts. It gives a great freedom of practicing different strategies and trading styles. It made me trade actively and I discovered many new things such as channel trading. Perhaps, there’s nothing unique here for you, but it’s totally different for me.

How do I open an account with LimeFx?

There are around 60 UK and International Awards which had been achieved by LimeFx. They always try to provide transparent and ethical practices across the global trading industry. In 2018, 74.65% of market orders were executed at the requested price while 12.8% of the client’s orders were executed with positive slippage.

Spot Metals, FX pairs on cTrader for instance are some of the commodities where clients are charged with a standard commission. LimeFx also charges a trading fee of $45 for every million USD traded. If the clients’ accounts have any other currency, an equivalent fee of $45 for that currency applies. Clients incur commission charges whenever they open or close trade positions. Unlike MT4 and MT5 platforms, cTrader has no restrictions on stop loss and limit orders. The cTrader platform also offers in-depth market research and covers most of the markets.

What I mean by that is once you step into the infrastructure by registering, you don’t have to use any other service than theirs. You can try one platform, if you don’t like it, fine, choose another, don’t like it? You will also find that they don’t lack any asset class, a specific security, enough liquidity, necessary security measures, nothing.

It is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), and Securities Commission of the Bahamas (SCB). LimeFx also offers negative balance protection, making it a highly trustworthy and reliable FX broker. In fact, in 2017, LimeFx was voted as UK’s most trusted Forex broker by Global Brands Magazines. LimeFx has also won the best forex provider award at Online Money Awards in 2022. LimeFx offers an extensive range of online courses designed to ease beginners into the world of forex trading.

LimeFx’s trading resources and educational materials are valuable assets for traders looking to excel in the world of forex trading. However, considering LimeFx’s popularity and longevity in the industry, it’s surprising that they don’t offer even more resources. Nonetheless, the available resources are highly beneficial for both beginners and experienced traders. Let’s see if LimeFx is reliable and has a secure trading experience backed by years limefx of industry expertise, a wide range of trading instruments, and a strong commitment to client satisfaction. LimeFx, a prominent London-based European online broker that specializes in providing an extensive range of contracts for difference (CFD) across various asset classes. With a strong presence in the trading world and a commitment to excellence, LimeFx is the go-to choice for retail clients seeking a reliable and dynamic trading experience.

Scale Your Trading Funds

Besides lots of currency pair,
LimeFx also offers some instruments you would like to trade on, such as
Forex, Indexes, Metals, Energies and Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions. In this case, you have to make sure that your strategy is well
suited for the instrument you chose. Besides lots of currency pair,
LimeFx also offers some instruments you would like to trade on, such as
Forex, Futures, Indexes, Metals, Energies and Crypto for your best choice. Besides lots of currency pair,
LimeFx also offers some instruments you would like to trade on, such as
Forex, Stocks, Futures, Indexes, Metals, Energies and Crypto for your best choice. Regardless of the advantages and disadvantages, LimeFx can be traders’ choice as one of the best brokers with sophisticated technology.

LimeFx Review 2023 – Brokers – Investopedia

LimeFx Review 2023 – Brokers.

Posted: Wed, 27 Feb 2019 05:08:47 GMT [ source ]

Their trading platform is intuitive, the deposit/withdrawal process is quick, and the customer support team is responsive. LimeFx platform choice is unrivaled, I’m sure of it.And I want to point out the LimeFx edge platform among the other famous ones. All the technical tools are there too.Anyway if you’re thinking of trying something new, check out the LimeFx edge. Someone told me that there are super high commissions on this platform, while I believe that nobody makes you to choose Raw+ or Elite account, lol. If you ain’t wanna pay fees, pick Standard or Pro accounts and enjoy all-inclusive spreads then. In this regard, LimeFx broker is kinda versatile, it offers solutions for all traders in spite of their wishes.

Therefore, it is secure and low-risk to trade FX and CFD with LimeFx. Tons of customers around the world and general reviews bring the understanding that LimeFx achieved sustainable trust in the industry and gained the highest ranks. To make this come true each of the traders who want to have such an account needs to register with the broker. To get this form, contact the broker’s support team on the site. Even though I can praise the company for releasing its personal trading platform, it doesn’t rank with cTrader or MetaTrader.