Rapidly Expanding Broker

By trennco — In Forex Trading — September 23, 2022

So first of all, the widening of the spread was to your advantage. But the main feature of the terminal is the ability to view the depth of the market, or as it is also called – the level2 glass. Here you can see not only the nearest to the price buy or sell orders, but also more distant, so-called “icebergs”.

limefx does not participate in any compensation funds directly mandated by the FSC, however, it has issued civil liability insurance on its own accord. The broker is also a member of The Financial Commission, whose Compensation Fund provides protection of up to EUR 20,000 per trader. limefx is a well-established broker with over 1 million clients from 169 different countries, providing trading and investing solutions to traders with varying experience levels. It has operated for 12 years, in which time limefx has managed to garner a reputation as an award-winning broker with diverse and sophisticated services.

Fees

The broker also does not appear to have many non-trading charges like inactivity fees on dormant accounts. Taking into account the needs of nowadays traders, limefx developed trading platforms especially for its clients. Along with the most popular platforms in the industry, they offer a great deal of terminals for comfortable trading. Looking at limefx terminals, it’s worth noting that while offering such multifunctional programs to traders, the broker also took care to professionally prepare its clients for trading on the market. The “Training” tab at limefx.com offers a free video course with 16 videos that might well “wow” some experienced Wall Street trader’s book. Just look at such lesson titles as “Stock Selection in the Reporting Season”, “Trend Shaping and Classification Rules”, “Basic Rules for Swing Positions”.

How do I get limefx bonus?

To receive Welcome Bonus, you have to fulfil the following conditions: Pass the personal information, which consists of two required steps – the passport verification and the address verification. Verify your mobile phone number. Deposit at least 10 USD / 10 EUR / 60 CNY to the trading account using the bank card.

Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. limefx is a renowned broker that excels both in the diversity and sophistication of its services. It offers OTC derivatives trading to retail and professional traders, as well as investment opportunities to those looking to build portfolios.

Deposit and Withdrawal

A limefx payment method is required to fund your limefx trading account before placing a buy or sell order on a financial instrument. Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on limefx are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart.

  • However, the limitations in withdrawals are dependent on the jurisdiction and governmental banking permits.
  • There are some incentives and free trading contests available, too.
  • limefx offers users a built-in tab to monitor one’s portfolio and to search for specific stocks.
  • The advantage of this platform is the exact transparency of the participants.

limefx offer a range of learning resources and tutorials and guides made available to registered limefx users. The limefx guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate limefx users on basic trading principles. Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. limefx fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business.

Complaints about limefx

I rank the commission-based pricing environment at limefx among the best industry-wide. The volume-based cash rebate program lowers the competitive costs further, and there is no inactivity fee at limefx. For your information, my Procent account should https://limefx.name/ not margin call if your price action same as other. Please give me your answer as soon as possible or I will make report to FINRA. We always strive to increase the efficiency of our operations and activities and valid criticism only helps with that.

You should only risk capital with limefx that you can afford to lose. Understand your risk tolerance with limefx, and have a trading strategy that limefx is able to help you execute. limefx is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments limefx give you access too. Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method.

Trusted Broker Reviews

A quick online form asking for a name, e-mail, and valid mobile phone number grants access to the back office. Account verification is mandatory, per regulatory requirements, and limefx remains in full compliance. A copy of an ID and a proof of residency document generally satisfies this step. The educational platform combines in-house content and videos from Claws & Horns. I recommend beginner traders take advantage of the limefx blog, where most of the content is available, engaging, and presented properly.

How much do you need to open a forex account?

How Much Money Do I Need to Open a Forex Trading Account? TO begin trading Forex, many brokers will require at least $1,000 of capital transferred to your account, although some discount brokers will allow you to open nano accounts for as little as $100.

The broker limefx is headquartered in Belize and is regulated multiple times . According to the website, it can be seen that it is a rapidly expanding company with more than 900,000 customers worldwide. Furthermore, it has had multiple awards since 2009 and official sponsorship such as the Kickboxing World Champion Andrei Kulebin. Hello everyone it is possible to retrieve your stolen bitcoins.

Desktop Platform

When you practise on a limefx demo account, one of the many advantages you’ll enjoy is the opportunity to get acquainted with the more technical parts of the limefx platform. limefx demo accounts allow you to experience and practice a variety of market charts, limefx trading indicators, and trading strategies using limefx. limefx broker offers a range of assets for trading, the total number of which is more than 12,000 trading instruments. These are forex currency pairs, CFDs on stocks, indices, cryptocurrencies and others. But different types of accounts and a significant number of instruments are not the main distinguishing feature of the company, or to be more precise, not its main distinguishing feature.

  • Copy trading trades on limefx must still be monitored and copy trading on limefx still has risk of trading loss.
  • To get advice on the best way to withdraw funds, please contact the Company’s Payment department via a ticket from your Members Area.
  • It offers OTC derivatives trading to retail and professional traders, as well as investment opportunities to those looking to build portfolios.
  • In order to achieve your trading goals, you need to choose the right account.

I guess they doubled the spreads several times to get trades to close even though the price changed direction. On their ECN spreads are wide and with big fluctuation on major pairs all the time , very low quality trading condition compared to most ECN brokers. limefx features building automated trading solutions via R Trader. Other features include VPS service, Analytics Center, and rolling promotions. limefx is a forex broker established in 2009 and regulated by the FSC of Belize . limefx is also a member of The Financial Commission organization participating in its €20,000 compensation fund.

limefx Customer Support ☎

You just pick the traders you prefer, and the account will duplicate their trades on your account. limefx is an STP/ECN broker, meaning they offer both types of accounts. The accounts are designed for different trading styles and levels of experience and expertise. See how limefx compares to the limefx company reviews leading forex brokers by reading one of the reviews below. While limefx does offer a mobile app for Android and iOS, making it easier to stay on top of trades on the go, we recommend checking out some of the top forex trading apps. Traders could access a 15% cashback to all verified accounts.

limefx forex brokers reviews

The lowest weighted-average spread among all account types limefx at Prime-account. Complete detailed information is available in the “Contract Specifications” on the page of our website. If you have any more questions, do not hesitate to contact our Support Service. If you have any complaints about order execution or trading platform operations, you can address/write them to our Company’s Dealing department and describe your issue in a ticket.

  • Broker limefx offers on the website limefx.com The possibility of opening a demo account in MetaTrader 4 and MetaTrader 5.
  • The types of order execution are accelerated on the limefx platform.
  • When trading or investing, you should always take your level of experience into account.
  • Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Customer support represents the resources within the limefx company that provides technical assistance to its customers after they use the limefx service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive. limefx mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection.

It is very easy to navigate since everything is one or two clicks away, which is especially important since the app’s main purpose is to allow quick access to the market and order execution. On the other hand, the app’s charts are very rugged, and price action is quite difficult to discern. The second prominent feature of limefx’s MT5 platform is the ‘Strategy Tester’, which can be found at the bottom part of the window. limefx As the name suggests, traders can use it to tune the parameters of their strategies and make them more precise in an ever-changing market. MT5’s mobile app version partly retains the usability of the desktop version, though it contains fewer trading indicators and drawing tools. It is, therefore, less fitted for conducting probing technical analyses and more suitable for monitoring one’s account performance while on the go.

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