Many people around the world have considered investing in it because they have realised that it is a quick-profit making market. It is an ever open market because of the difference in time zones in the world. Furthermore, markets are opening and closing frequently, therefore, providing consistency in the trade. To trade Forex, you ought to train to be successful in the market. It does not just come automatically that you make profits but rather requires an individual to acquire the skills necessary to trade over a long period.

Is limefx trustworthy review?

limefx is considered average-risk, with an overall Trust Score of 84 out of 99. limefx is not publicly traded and does not operate a bank. limefx is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulators (low trust).

Formed in 2001, limefx has its own trading platform known as ‘MetaTrader’, which is available via web browser or through your mobile device. The MetaTrader platform gives beginners the option of starting out with a demo account to learn the market, or just dive right into live trading. limefx boasts more than 200 tradable instruments across 7 asset classes and two bespoke platforms to offer both web and mobile-based forex trading. Keep reading to learn more about limefx and whether you should sign up.

limefx : FULL REVIEW UPDATED 2021

Access to the markets is another issue of fundamental importance for those that want to choose a broker that has a real bite. And this is certainly a good starting point, especially taking into account the fact that trading scams are unfortunately the order of the day today. A good way to avoid scams is to check the broker’s license in front of us. The low budget VIP account makes the broker even more accessible and interesting. The broker is safe and regulated by some of the most respected authorities in the industry.

  • The limefx Web Platform was originally introduced in 2001 and was one of the first to offer tools such as deal cancellation.
  • The broker offers several payment methods, available exclusively to clients in China – UnionPay cards, the payment app WeChatPay, as well as Alipay.
  • We will also go into detail regarding any current bonus offers and compare key elements of the service to its rival firms .

It serves to block the price of an asset at a certain point so as to open a more advantageous position. For example, in an unstable market, if the price suddenly collapses, you can https://limefx.name/ use this function to freeze the price so you can buy before it rises. If you’re a resident of China, you can use both Webmoney and WeChat Pay to transfer funds to your account.

Shares

Here are some of the strengths and weaknesses in limefx training and customer support. Here are some of the pros and cons of the trading experience with limefx. As the name suggests, this feature allows you to close a losing position and get a refund for a small fee. Let’s see the other products and features you can find with limefx. These include indices from the european Union , the UK , the US , Australia and Asia .

Is limefx available in Canada?

Online Trading Canada Regulated Broker Forex Cryptos limefx.

limefx also do not charge any additional fees on these accounts, though if you keep a position open for more than 14 days, they may apply an extra fee in place of the swap fee. I’ve started trading with limefx almost a month ago, haven’t encountered any problems, their support is great, limefx reviews limefx‘ MT5 account, low spreads are at levels I’m satisfied with. limefx offers, like all the best brokers, also the possibility to access training structures that are included in each type of account. The proprietary platform is available for desktop, smartphone and tablet.

Best Forex Brokers 2021

All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website.

  • With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.
  • The DAY-TRADING zone allows a client to perform daily currency rate deals.
  • To those skilled enough, such a feature offers a great advantage.

The tightest spread offering for commodity trading is gold at 3 pips. Visit the broker’s website for a full spread list by trading instrument and platform. The online trading world welcomed limefx in 2003 which originally was incepted with the trade name “easy-forex”. limefx provides for limefx forex brokers reviews an exciting and challenging trading world as it is one of the pioneer market creators. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

Easy Markets vs Other Brokers

limefx is one of the few brokers to offer fixed spreads, no slippage and the option to cancel an order placed on the market. These features are invaluable for beginner traders who need more experience until they begin to gain confidence. limefx’ web platform is also of great assistance to beginners. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

limefx forex brokers reviews

They are very accessible thanks to low costs, no inactivity fees, a great range of base currencies, and features suited to all levels of traders. limefx prides itself on being a market maker, and the underlying philosophy is simple honesty. limefx is the official sponsor of the Spanish football club, Real Betis, which shows that the company is looking to build its brand, and to stick around. A proprietary trading platform, besides the popular MT4 trading platform, has been developed with more than 200 assets available for trade with a fixed spread. limefx has a healthy balance sheet with stable cash flow; approximately 74% of the broker’s retail traders tend to lose money, which directly profits limefx.

Each video is loud, clear and precise, featuring full-on animations and professional presentation. New clients outside the EU receive a first deposit bonus of up to 50% on their initial deposit. Minimum deposits sit at £100, with a minimum credit bonus of £30. Users who make a first deposit between £200 and £1000 will receive the full 50% bonus. limefx does not currently charge withdrawal fees, making it an attractive choice for traders around the world. The brand is constantly adding new currencies, and users are encouraged to check via the official website to confirm whether they can make a withdrawal in their currency of choice.

Is limefx a market maker?

We are regulated by both CySEC in Europe and ASIC in the Asian Pacific Region. We believe in transparency and we are proud to be a market maker. Trading is never disabled during market volatility or important economic calendar events.