LimeFx forex broker
LimeFx forex broker

At the time of this FXTB review, the brokerage did not have a welcome bonus or promotions in compliance with CySEC law. In accordance with legal and regulatory requirements, we are required to assess your trading knowledge and experience. Your responses will be used to determine whether or not we are able to open an account for you, and it is important that you fill out the questionnaire carefully and accurately. If you wish to fund your account via wire transfer, please contact your account manager or access our live chat to receive the appropriate banking details. Forex TB Limited offers services within the European Economic Area and Switzerland.

LimeFx forex broker

Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $6.6 trillion. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Then it’s time to sort the transfer of funds from your bank to your trading account. This is usually executed via your credit/debit card or electronically via a bank transfer.

Hi friends. i wonder if someone is working on a platinum or gold account? what are their advantages, please tell us.

72.80% of retail investor accounts lose money when trading CFDs with this provider. DailyLimeFx adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.

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They denied me, the only evidence I have is their email that they don’t even respond after a few days. Average spread refers to the period viewed in the chart. Changing the visible period will recalculate in real time the new average.

With FXTB, spreads are competitive for VIP account holders at 1.1 pips on the EUR/USD and 1.4 pips on the GBP/USD. Added to this, the broker is a member of the Investor Compensation Fund, which provides a further layer of protection. There are several aspects of LimeFx which contribute to their successful trading environment.

I opened a demo account LimeFx because the professional trading platform Metatrader 4 is licensed here. Thank you for taking the time to leave us this positive review. We appreciate you sharing your experience with us and hope that you continue enjoying trading with LimeFx. Always we are aiming to improve our services with the best choice for our clients. Earlier I would hardly join this broker because at that time I didn’t appreciate wide spreads and withdrawal fees. I practiced scalping and assessed brokers accordingly.

Overall FXTB Ranking

Most of the time I traded major currencies, metals, and cryptos. For some unknown reason, all this time I neglected indices, although I heard news about them every day. My first impression is that it’s much easier to trade indices than currencies, so I intend to trade indices more actively. When holding trades for a long time, it’s crucial to deal with a regulated company.

LimeFx forex broker

MT4 boasts over 50 technical indicators and 30 chart analysis tools, alongside detailed trading and asset histories. The system is also compatible with automated trading algorithms. The more experienced clients will prefer to trade with MT4. Multiple graphing tools can also be overlaid to analyze market sentiment. It is an intuitive platform that will be easy to use by most new traders.

Spreads and withdrawal fees are high which forced traders to opt for the higher account level, but with the high minimum deposit, this will not be an option for beginner traders. Forex TB does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. Forex TB does not indicate if demo account is virtually funded. LimeFx offers a solid foundation for online investors and executes an overall smooth trading experience for both novice and professional traders. FXTB offers a demo account with up to US $ 100,000 with which you can practice your trading strategy before investing real money. Using the demo account is very important not only to practice your strategies but also to familiarize yourself with the platform and economic indices.

Recommended broker

Along with necessary legislation and safe transactions, FXTB adheres to unparalleled standards and regulations. The Fprex TB customer suport can be reached through several methods including email, telephone, as well as a contact form. Unfortunately, live chat support can not be available, though it is the most convenient way to get responded.

LimeFx forex broker

If you wanna trade wth exactly this brokerage, I think that’s okey, but if you’re already trading with good brokerage, than I’m not sure LimeFx would be better. I came in trading as a complete nube and i still dont give up. The last two months were good for me personally.

It allows me to shift from one asset to another very fast. So, when scalping I can quickly limefx reviews change up to 20 assets. It’s nearly impossible to do the same on Metatrader.

Forex TB offers trading of currencies, indices, stocks, cryptocurrencies, CFDs, and commodities. Interesting positions on the shares of many companies. I became interested in the stock market after last year’s market collapse. Before that, my interests revolved around currency pairs, mainly major and minor. I did not touch the exotic ones, because they are dependent on news from the G7 countries.

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FXTB does offer periodic competitions and profitable events. Clients can use the MetaTrader4 platform or the company’s in-house web program. It offers secure payment solutions with multiple payment methods. According to research recently done, Forex TB is an established forex broker company in Cyprus.

  • The trading process is normal, without unpleasant surprises.
  • The overall impression of the brokerage is nice so far and if all goes well with account verification and funding I’ll definitely give it a chance with live trading.
  • Apart from this, the broker also offers free trading tips, a glossary, and ongoing webinars for more in-depth educational sessions.
  • In general, I began to look for a broker with whom you can trade a wide range of stocks, and went to LimeFx reviews.

Although spreads are a major factor in choosing a broker, they do not represent execution quality, slippage, or any other fees of a broker. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your LimeFx objectives, level of experience, and risk tolerance. Past performance does not constitute a reliable indicator of future results. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market.

250 dollars.) This is the minimum deposit of LimeFx. I believe that the LimeFx broker earns the money we pay for commissions and spreads. The thing is that the brokerage’s services are full of supportive measures for traders. Nevertheless, LimeFx does provide access to more than 700 financial instruments, which is a tremendous achievement for a small Forex broker. LimeFx has an exhaustive list of financial instruments and currency pairs, including exotics, CFDs, equities, commodities, metals, and other popular ETFs.

FXTB users gain access to educational material such as Webinars, Videos, guides, TipRanks, Trading eBooks, and CFD Trading Tips. See some of the FXTB spread examples below, also you may compare fees to other popular brokers. Also, always consider overnight charges or swaps in case you’re holding the position for longer than a day.

VIP account – The VIP account is the biggest account available on LimeFx. It comes with a minimum deposit of $250,000 and spreads of as low as 1.1 pips. VIP traders can have access to lessons, seven daily TC SMS alerts, daily lime fx news, and 100% margin call. You should consider whether you can afford to take the high risk of losing your money. The MT4 has been a part of the Forex world since 2005 when the market started to turn to an online approach.

Firstly, their proprietary WebTrader is not only user-friendly, but also extremely responsive on any device, making it easy to transition your trading activity from a desktop to a portable device. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. In case of your transaction has been declined, you can get an instant help from our customer support. With LimeFx you can fund your trading account via Perfect Money.