I think Forex makes it much more clear and correct in my opinion how technical analysis works. The online broker LimeFX is focused on environmentally sustainable trading, and they participate in renewable energy initiatives. Furthermore, both platforms can be accessed via desktop or mobile devices. Theforexreview.com needs to review the security of your connection before proceeding. LimeFX keeps its clients busy with promotions year-round. Traders can choose and claim bonuses and promos within their validity periods and enjoy 5% interest rate on deposits, 100% rebate bonuses or referral rewards.
Generally, as per the question is LimeFX regulated, we can say yes. Read our honest LimeFX review and find out everything before you give your money away. LimeFX is the trade name of Aerarium Limited and used by the LimeFX Group of companies. Find your patterns and make the trade with exclusive data & analysis.
The minimum deposit required to start trading is very reasonable at $100 whilst free demo accounts are available of you want to give them a try before switching to a live account. This is all backed by a responsive client support team who are quick to answer any of your concerns. I think they are a decent broker for anyone looking to get hassle free market access. Overall, I think that LimeFX is a good broker for anyone who is looking for simple access to trade a variety of markets on user-friendly platforms and in a regulated environment.
LimeFX Demo Account
Traders can upgrade to a next-tier account by increasing their deposit size. Not all brokers participate in awards, and therefore this aspect should be taken into consideration with the overall broker offering. LimeFX is a very new broker, which was established in 2016 by ICC Intercertus Capital Limited. The company has headquarters in Limassol, Cyprus, and global headquarters in the Grand Cayman Islands.
As with currency exchange markets, commodity markets offer different LimeFX opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty. Some Forex brokers offer their own custom trading platforms for order processing and research, but many provide order access through integrated trading and research programs. Here stable execution of orders without delays, the usage of modern technologies, a simple payment policy and fast withdrawal of funds.
LimeFX provides fast and responsive infrastructure for a trading experience without ceilings. The majority of LimeFX reviews show positive experiences with this trading firm. However, the negative reviews refer to offshore entities and the issues clients have faced with them.
LimeFX is an international online broker built on diversity, flexibility, transparency, and open, reasonable pricing structures. Finding a reputable LimeFX review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
- They withdraw money easily, without unnecessary questions, regardless of the size of the amount requested.
- The usual closing of a position is not just less than a second, it’s almost instantaneous.
- The minimum deposit required to start trading is very reasonable at $100 whilst free demo accounts are available of you want to give them a try before switching to a live account.
- There is even a strategy tester where you can back test your strategies on historical data to get an idea of how they may have performed historically speaking.
I have already withdrawn several times, everything is checked. And there is withdrawal to a very large number of e-wallets which I have never seen before in addition to card transfer and bank transfer. They vary in topics and cover different assets overviews, trading techniques and styles, general topics related to the art of creating trading systems and backtesting them, etc. I like this approach and I can see the company invests a lot in educating traders to take the profession seriously and use all the avaialble tools to improve the results.
LimeFX’s financial review
However, the desktop version of the platforms has the most functionality. The trading apps I also find really convenient for checking my account and following the latest market news from my mobile phone. They have modern and sleek interfaces where everything can be done in just a few taps.
Furthermore, the broker took steps to minimize its CO2 emissions by converting to solar energy, which shows that they take environmental causes seriously. All account holders have access to use the integrated Trading Central tool, and that is a big advantage which must be noted. ※ The content of this website abides with local laws and regulations. LimeFX reflects its commitment to Corporate Social Responsibility and the environment through carbon-neutral sports partnerships. The broker has been the official sponsor of the Swan 42 class yacht skippered by Javier Sanz at the 39th Copa del Rey de Vela nautical event in Mallorca.
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Yes, LimeFX offers a risk-free Demo account to its traders. Typically, licensed companies ensure they offer a wide range of methods, including wire transfer, PayPal, Skrill, and Neteller.
LimeFX Education and Training
When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Such an offer appears attractive but given the issues with LimeFX we already discussed, youd better take a look at the pricing of some top brokers in real-time instead. State of the art multi-asset trading platform with optimised features for EA trading, the MT5 is the best AI-based trading tool.
LimeFX is a Forex and CFD trading provider registered in Cyprus and licensed by CySEC. In addition, the firm has two offshore entities, regulated and registered in Seychelles and Mauritius. The broker also offers an economic calendar that scans upcoming data releases and filters them according to the user’s preferences and strategy, from regions relevant to their forex trade. Reliable customer support is another important aspect of choosing the correct broker, as a lack of decent customer support can leave pressing issues unresolved and affect a client’s trade. Many Forex brokers offer various bonuses as an incentive for new traders to sign up with them. Usually, the Forex bonuses are an exclusive or seasonal special offer.
They also provide updates on important economic events which impact the financial markets. The “Learn to Trade” section offers educational literature; while the information seems limited at first glance, users have reported it as being ‘enriching’. Since the broker had bad reviews trading as EverFX, they decided to suspend providing financial services in the UK, Belgium, USA, Canada, North Korea, and Iran. The company’s offshore license covers all other countries. However, remember that the LimeFX broker has a discretionary right to assign you to any of these entities regardless of the country you are coming from. LimeFX has teamed with Trading Central, a financial research source, to assist you in identifying opportunities and implementing methods that are appropriate for your trading style.
LimeFX Pros and Cons
MetaTrader4 is one of the most popular in the industry, owing to its streamlined and fast execution, with multiple charting tools across a variety of asset classes. The platform provides a number of custom indicators and other tools which make it the platform of choice for beginner and advanced traders alike. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three.
You hired the right people for your customer support team, such a very helpful and positive team guiding me from opening my trading account, depositing, and answering all my questions. Thank you and of course, I do recommend opening a trading account with LimeFX. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry limefx review a high degree of risk to your capital. Newbie traders will want to find a broker which offers enough research and training tools in order to acquire the necessary skills to make profitable trades. These educational tools range from the very fundamentals of Forex trading to more advanced Webinars and courses, which can also be of use to intermediate traders.
The platform may also provide tools for research in addition to tools for order processing. Ultimately, deciding which leverage level to choose depends on the individual trading strategy and the actual vision of upcoming market moves. To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level. The spread is the difference https://limefx.group/ between the bid and sells price of a currency pair, and what the broker charges, and is fundamentally how brokers make a profit. In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread. Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market.
I wish they introduced some alternative to Metatraders, yet the most important thing is that MT5 is avaialble. The market analysis section contains updated news related to the latest currency and commodity limefx movements. LimeFX also shares updates regarding sustainable LimeFX assets. Furthermore, they offer educational webinars on topics related to various trading techniques and strategies.
They called me every day, sometimes twice a day and each time asked that I share the screen with them. Now they are not responding to my requests for help and ignoring all my correspondence. The financial products offered by the companies listed on this site pose a high risk and can lead to the loss of all your funds. LimeFX provides customer support 24/5 in several languages via live chat, email, and telephone.