LimeFx forex brokers reviews: LimeFx Review Does This Forex Broker Measure Up?

LimeFx provides trading in contracts and forex for different CFD’s, such as futures, stocks, currencies, and commodities on both the MT4 and MT5 trading platforms. LimeFx is also a registered company with several regulatory authorities within the UAE, United Kingdom, Italy, Spain, Germany, Romania, and Bulgaria. LimeFxBel, which is a subsidiary of the company, has also managed to acquire a Belarus National Bank license in 2016. The LimeFx company undoubtedly enjoys great prestige among traders and investors. I, like many, also could not bypass it, so I opened a trading account there.

Let’s compare how much a trader will have to pay for the purchase of a $2,000 lot in cryptocurrency on LimeFx and its competitors, on the Standard account. The commission amount includes both the spreads and other commissions. Contracts for limefx forex broker differences make up the bulk of the trading instruments offered by the broker. As a reminder, it is a high-risk marginal product, which should be regarded with caution. We will review CFDs on stocks and cryptocurrencies in separate sections.

Education

I can try out a trading strategy or an Expert Advisor and not risk any real money. And, of course, it is essential to diversify risks very carefully in the beginning. That is why I would also recommend connecting the Synchronous Trading service at LimeFx. Thanks to it, you will earn automatically by copying trades of more successful and experienced traders.

This period of more than 25 years in the industry, has allowed them to grow into being one of the most well-respected brokers in the sector. They are also regulated by one of the top-tier regulatory bodies in the industry, CySEC. This brings with it a very secure, trusted trading environment for all.

News and reviews

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. Tele Trade offers the MT4, MT5 and Web Trader forex trading top platform. LimeFx.eu offers over 65 forex currency pairs, gold, silver, cfds, indexes, energies, stocks, ETF, bitcoin and other cryptocurrencies, for your personal LimeFx and trading options. LimeFx offers an average level of commission on Forex and CFD markets. The commission system of the broker is based on the spread, although also commission on traded volume is applied on the ECN and NDD accounts.

LimeFx has several branches, and each of them has its own regional restrictions. To find out more, we recommend that you contact LimeFx customer service. Commodities https://limefx.name/ on LimeFx are represented with metals, raw materials and energies. Noteworthy, all types of commodities available for trading are available only as CFDs.

LimeFx have offices throughout Europe and offer multi-lingual customer support 24 hours a day, 5 days a week. Support is available via online chat, telephone and email. They are happy to assist with technical and general questions.

All types of trading assets the broker offers are available as contracts for differences. Let us remind you that CFDs are a high risk marginal instrument and the rules of risk management must be strictly observed when trading them. LimeFx is one of the largest brokers in Eastern Europe. The company has been in the market since 1994, providing not only access to financial markets, but also extensive educational services.

They are a retail broker that is part of the LimeFx Group which was established in 1994. They have over 3,000 employees and take great pride in offering high levels of multi-lingual support to all clients. Anthony Gallagher is a financial journalist and forex expert with years of experience in the industry. Anthony’s writing is informed by personal trading experience, which he uses to help other forex traders improve their results.

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When it comes to research, this too, is very well provided for by LimeFx. They work to provide comprehensive detail here with regularly updated news, technical analysis, and a detailed economic calendar together with more videos. One of the most unique features at Tele Trade is undoubtedly the Synchronous Trading which is considered the companys social trading feature. Individually-tailored training with a personal instructor is the other option. Classes can be scheduled according to your own time scale, and will focus on what you need to learn. There is a basic course for beginners, as well as sessions covering market analysis, forecasting, and lots more theoretical knowledge.

• Reviews of the events taking place in the different markets. • Real time quotes for all major currencies with the list of displayed symbols and renewal period configuration.

LimeFx.eu Review

The Demo Account button stands separately from the main registration. Demo account can be opened without opening a real account. The biggest disadvantage of LimeFx is absence of direct access to the markets.

Many brokers offer traders from Muslim countries a swap free option, as it is prohibited to receive profit on interest in Islam. As a reminder, a swap is a rollover interest that you earn or pay for holding your positions overnight. It is caused by the difference in the rates of financing of the issuer banks of the currencies in a currency pair. Brokers can also charge an additional service fee on top of swap.

It’s because there is not only a normal terminal here, but also a normal, high-quality attitude to clients. Because if you have any question or difficulty, you will definitely get an answer to your question and qualified help. You will be ignored in the daytime or shift the responsibility to you, everything is solved quickly and competently, limefx after communicating with the manager there are only pleasant impressions. It seems to me that it is worthy, because earlier I often faced with the neglect of brokers, it is a real problem. LimeFx holds 4 global Tier-1 licenses, while LimeFx holds 0. LimeFx holds 2 global Tier-2 licenses, while LimeFx holds 1.

Trade with a Regulated Broker

But I plan to continue learning the market – I see that there are such opportunities here – what should I choose? The Account Opening process is in line with industry standards; mandatory verification is part of the procedure. The videos listed under Education are help videos and do not provide educational content.

• Not every broker publishes average spreads data, and pricing structures vary.
• Absence of the license is the biggest drawback of the broker.
• LimeFx LimeFxs not only provides its offerings and services to traders on Mac and Windows PC’s but also caters to traders on the move.
• Noteworthy, the broker has not adjusted the list of currencies to suit its core audience.
• You need to provide the number of the document the first time you fund your account and upload a scanned copy of it to the service after that.

LimeFx provides a safe and secure trading environment through its regulation with the Cyprus Securities and Exchange Commission , one of the most reputable regulatory bodies in the industry. LimeFx has an exceptionally long operational history in the financial industry, having first been established in 1994 in Cyprus, where the broker is still headquartered today. Video reviews are a special feature of the analytics from LimeFx. The company produces videos on top events in Forex Today and Trends of the Week sections.

LimeFx Deposit and Withdrawal

At that, for different types of accounts, not only the size of the commissions, but also the approaches to charging them differ. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your LimeFx trading account.

You can learn from video tutorials as well as online webinars. The learning materials are provided by the broker free of charge. In addition, local wire transfers are available for the customers from Malaysia, Thailand, Vietnam and India. Deposit and withdrawal fees depend on the payment service you choose. Transactions via debit/credit cards or electronic wallets are instant, while a wire transfer will take some time .