LimeFx has traders from 180 countries, making it one of the most accessible brokers. LimeFx is a multi-regulated broker, and account verification is mandatory. Most traders will pass verification after submitting a copy of their ID and one proof of residency limefx scam document. The LimeFx group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection. Access your trading account anywhere, at any time, reduce, or even eliminate, downtime and speed up your trading journey.
Account Spread Comparison
The account is equally suitable for high-volume and high-frequency trading. LimeFx distinguishes itself with its extensive range of supporting materials, catering to both beginners and seasoned traders. These resources comprehensively cover fundamental and technical analysis, risk management, and trading psychology. If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts.
LimeFx Metatrader Trading Platforms
Materials in the website’s blog section are written in support of the rest of the technical and fundamental content. Essentially, the broker lends the trader money so that the latter can open bigger-sized positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. In my experience, market execution is better suited for day trading and position trading strategies where volume is important.
- The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike.
- I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile.
- While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment.
- The “Intraday Comment” section had a single 18-month old entry about the Eurozone.
US June CPI rates in the spotlight
LimeFx is an award-winning global online trading broker that offers STP/ECN services to retail and institutional investors alike. I found the broker to have rapid trade execution speeds and competitive costs. You can trade a great selection of over 300 financial instruments with a wide variety of account types to choose from, spreads as low as 0.0 pips and support in over 30 languages. I think they can be a good choice for beginners as there are plenty of educational resources and free demo accounts so that you can practice trading online.
Why is Choosing the Right Account Type Important?
Currency exchange takes place in pairs, and exchange rates are expressed in reference to one another. The value of a currency often reflects what the market thinks about the economy that surrounds it, both now and in the future. Futures, or future contracts, give traders the opportunity to buy or sell an asset at a predetermined future date and price. We, at LimeFx, give you access to CFDs on futures, which are considered the most liquid instruments.
The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool. A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. Join us and benefit from the award-winning trading conditions offered by a globally recognised and reliable forex broker. Benefit from a variety of trading accounts, low spreads, secure funding procedures, and free VPS hosting.
These do charge a very competitive commission which varies depending on the level of the account. I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week. You can choose your own leverage and have unlimited access to some of the largest liquidity providers through LimeFx. The broker is regulated in multiple jurisdictions by some top-tier regulators. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics.
You can reach customer support directly on the LimeFx website through its live chat feature. The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages. LimeFx accepts traders resident in most countries except the USA, Iran, Cuba, Sudan, Syria, and North Korea.
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Currencies are always traded in pairs, so each currency’s value interrelates with the value of the other. LimeFx gives you the opportunity to access one of largest and most liquid markets across the globe. In just a few steps, you enter the world of Forex and CFDs and you may start trading more than 500 instruments https://limefx.vip/ on an advanced trading platform. Test your strategies and enjoy an unmatched experience in a user-friendly portal. Trade the most popular Crypto CFDs, including Bitcoin, Ethereum and Ripple. Enjoy the benefits of trading CFDs on digital currencies with low spreads and a 24/5 market on over 20 cryptocurrency pairs.
Price action is examined more intricately, utilizing more indicators. The materials underpin key support and resistance levels and pivot points. 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.
Making a decision is challenging because there are several forex trading brokers online. You must have encountered a lot of information regarding forex trading as a forex trader. Finding the most suitable information according to your needs is one of the most difficult tasks. New forex traders frequently become lost in such a highly competitive market. Even professional traders looking to expand their expertise struggle to locate relevant information.
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Forex traders also appreciate the ability to engage in social copy trading. Based on our research on the regulatory status of over 60 brokers, we’ve found that LimeFx holds 3 global Tier-1 licenses, while IC Markets holds 2. IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders.