LimeFX Broker Review Forex & Stock Trading at LimeFX

You will find everything from the basic of trading to platform tutorials, market analysis and how to create a trading plan. In addition, they also have a handy trading glossary, eBook, economic indicators and trading strategies. You can view the sentiment in real time to see what other clients are trading and get push notifications on the important market moves. This is my platform of choice for minimal hassle and an enjoyable trading experience. Traders will be pleased to hear that LimeFX do not charge any commission fees on trades. This means that frequent traders do not need to worry about mounting up unnecessary commission costs.

  • The main resource library is found under the ‘Education‘ tab on the LimeFX website.
  • LimeFX warns all potential traders that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.
  • The broker also uses McAfee Secure to prevent credit card frauds and identity thefts.
  • We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
  • I recommend traders double-check with their preferred payment processor about this.
  • Depending on a trader’s region of residence they may be able to access several different types of accounts, however overall the offer of types of account is limited.

As per our LimeFX forex review, a variety of great research tools & trading ideas for its traders great for copy trading is offered by LimeFX. It has also integrated Trading Central­­­, a third-party tool & forex featured ideas that provide limefx technical analysis and fundamental analysis, in line with the industry average. Clients from Abu Dhabi can open a retail account, options, and professional account. For new account opening, traders must have to fulfill regulation requirements.

Ava Options

For EUR/USD the spread that professional traders can get is lower at 0.6 pips (versus 0.9 pips for EUR/USD). Furthermore, European retail traders are not allowed to access cryptocurrency on margin. Once more the restrictions are less stringent outside of Europe. One of the impressive features of LimeFX is how truly international they are, which is something that will appeal to traders all around the world. They have the website configured for 22 separate countries/regions around the world with at least 15 separate languages supported.

LimeFX broker reviews

LimeFX is a broker licensed and regulated by the ASIC, FSCA and ADGM. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that LimeFX is not a scam, read our trader reviews and check other popular trading related websites and forums. If you’re new to the world of online Forex trading, you should open a free demo account. In such a way you can practice forever till you feel confident about trading with real money, avoid all the risks and become more proficient. I knew that my friend was trading on the stock exchange, but I was always afraid to start because I don’t understand the financial market at all.

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No matter which regulator you will choose, your account is protected by negative balance protection. The broker will automatically stop you out by a margin limit.Your account balance will not become negative. You can trade a wide variety of assets with a small capital at low fees.

LimeFX broker reviews

On top of account types, the spread varies depending on the type or class of the trading asset. The broker has developed the AvaOptions platform for options traders. This platform comes with interesting features like the “Risk Management Tool” that enhances your trading caliber and helps to gain control over your portfolios. Traders can receive trading forex signals in real-time and also get updates about other expert traders and friends in a specialized news feed.

This can be a good way to familiarise yourself with the broker before trading on a real account. MT4 is one of the most popular trading platforms used by millions of traders across the globe today. It is simple enough to use for new traders whilst having enough advanced functionality to suit the more professional trader. MetaTrader 4 is free to download for desktop or mobile whilst it can also run directly in your web browser without needing to download or install any additional software. LimeFX is committed to empowering people to trade and invest online, thus they cater to every type of trader with a range of standalone and online trading platforms for traders to access markets.

Mobile users who are not yet ready to trade live can access a practice account with LimeFXGo. To pass the LimeFX identity verification, you will need to upload both an ID and proof of residence. However, traders can make deposits prior to being verified by LimeFX. Traders need to fill in some personal details to verify themselves, along with details on trading knowledge, experience, the preferred platform, and currency. Switching over to a real account from a demo account can be done via the demo dashboard by clicking on the ‘Upgrade to Real‘ button.

Desktop Trading Platforms

A spread reduction of 10% was offered for four days from March 17th to March 20th for stocks that have headquarters in Ireland – e.g. You can reach LimeFX’s support system anytime during trading hours, via email, phone and chat. Their support service is provided in over 15 languages by native speakers, all over the world. Overall, the research tools and analytics avenues of LimeFX are good enough to satisfy even the most experienced traders. On the LimeFX website, there is an Analysis section which explains briefly and clearly the concepts of Fundamental Analysis, Technical Analysis and Sentiment Analysis. MetaTrader 5 is the sister platform of MetaTrader 4, but an updated and improved version.

The execution of orders is processed via the LimeFX dealing desk for all accounts. All styles of trading are approved, including hedging, automated trading, scalping, etc. https://limefx.biz/ LimeFX provides support in 14 languages and ensures that traders all over the world are placed under the regulation of a prominent authority, no matter where they live.

  • Excellent bonuses, high leverage, immediate execution, tight spreads, 24/5 support and no commissions.
  • Trading for beginners – a lengthy library of written tutorials presenting beginners with a basic outline of the trading activity in financial markets.
  • LimeFX Reviews mention that there are no hidden fees, zero commissions, financing rates, and no trading costs or bank account & bank transfer fees on the transactions executed.
  • The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
  • If you are in a bit of a rush, here are some of the important features that we like about trading with LimeFX.
  • STP or ECN accounts – All accounts at LimeFX come with dealing desk model trade execution.

These include the LimeFXGo app, AvaOptions app, AvaX app, Ava Social app, and MT4 and MT5 apps. It should also be noted that traders should consider opening a trading account in the same currency as their bank account to avoid supplementary expenses with currency conversion fees. Additionally, traders may also choose to use multi-currency accounts opened with online financial institutions that offer better currency conversion fees. LimeFX offers 24/5 customer support in 15 different languages via phone, live chat, and e-mail. However, the response time through email and live chat may take a bit longer than usual due to a high number of queries from new traders. Alternatively, you may contact the customer support team through phone calls for instant answers to your questions.

LimeFX Cost and Fees, Commissions and Spreads

You can trade forex options and other instruments, along with professional risk management tools and portfolio simulations. Expirations are available on any business day, from overnight options to one-year expiration, and at any strike price. LimeFX have a great choice of desktop, web and mobile trading apps to choose from.

  • The costs to the trader are all helping the broker to run their business and allow us all to trade.
  • LimeFX has several advantages over normal crypto exchanges.
  • FX Options is a popular financial product to earn a high profit in a short time horizon.In addition, you can trade long-term trades.
  • ConclusionFrom cutting edge platforms, multilingual service to comprehensive education, worldwide offices, and over 13 years’ in the industry, there’s no doubt that LimeFX is the right choice.
  • You can browse and filter the available trading strategies and choose those that are best suited to your individual risk preferences and trading needs.

Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. As tends to always be the case with reputable brokers, client money is segregated from company funds.

They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. Traders can express their market view with calls and puts and use the embedded tools to maximize their returns. The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move. Whenever an asset’s price reaches a predefined threshold, the Take Profit order is immediately activated. For example, if a share is valued at $95 and increasing, an investor may feel it will only increase to $115 before correcting; that’s where he sets a take profit order at $115.

You can conveniently view and manage multiple positions and accounts from a single app. The watch list feature lets you keep an eye on your favourite markets, with an impressive range of over 250 financial instruments to trade all from within the palm of your hands. LimeFX is an Irish forex broker company that is based in Dublin. Forex brokers are companies that provide traders with access to platforms that allow them to buy and sell foreign currencies. Start trading with leverage products in more than 1,250 different markets.

As a result, Islamic account users are exempted from swap or rollover fees. The broker engages well-trained customer care agents who offer 24/5 support through online chat, email, and phone. By using an economic calendar, traders can have a deeper understanding of critical market movements that can affect trades and prices. If the trader applies for a take profit or stop-loss order, the trade position will be automatically closed when it is triggered. Moreover, traders can also manually close these positions anytime before any orders like limit orders or others are triggered. Given that the page is split into asset browsing and charting, it has a simple and uncluttered design.

LimeFX review

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. TradingBrokers.com aim to provide unbiased broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions. Rates, terms, products and services on third-party websites are subject to change without notice.

Amounts up to 200% of your deposit must be withdrawn to your debit or credit card. Any funds above that can be withdrawn via other methods provided the receiving account is your name. Deposits via e-wallets take 24 hours to show in your account. Wire transfers are the slowest, taking up to 7 business days. When you open an account with LimeFX, you will have the option of choosing between USD and EUR as your base currency. Additionally, if you’re based in Australia, you can select an account in AUD and if you’re based in the UK you can select an account in GBP.

If deposits do not arrive in traders’ accounts, they can also contact the support team. Once you are done setting up your limefx forex broker profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with LimeFX is $250.

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