LimeFX offers a variety of trading platforms to cater to the needs of different traders. The platforms include mobile apps, CFD trading app, desktop trading, LimeFX API, limefx broker reviews MetaTrader 4, and TradingView. The mobile apps are available on both iOS and Android devices, providing access to real-time market data, charts, and trading opportunities.
Utilizing an account manager in CFD trading is not a recommended endeavor, as they profit from your losses. Minimum deposit for a regular trading account is $200, and they only take credit cards. Take a look at the screenshot below, and you can see what the web-based trading platform looks like. You will see hundreds of underlying assets available for CFD trading https://limefx.vip/ against the Dollar or Bitcoin including; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes. Arox Capital website and trading platform is available in a few languages; English, German, French, Spanish and Italian. Although the broker might have favorable offerings, it does not hold a license from any top-tier regulatory body.
They offer a wide range of educational resources, including articles, videos, webinars, and courses on various trading topics, such as technical analysis, risk management, and market psychology. Overall, LimeFX’s educational resources are quite extensive and can be helpful for traders of all levels. LimeFX stands out as one of the best brokers available, offering a superior, intuitive user experience with its award-winning proprietary trading platform. The platform’s technology enables customisable charts, user-friendly analysis tools, educational materials and round-the-clock support for traders. Both real stock investing and CFD trading incur no commissions and low spreads.
Available assets are categorized, however, the categorization is a bit confusing as there are several forex categories. We also missed the usual search function where you can type in the asset names manually. You can set alerts and notifications on the LimeFX mobile platform. If you are unfamiliar with some of these terms or want to learn more, read our overview of order types. There are pre-set categories where you can search (e.g. US stocks, indices, commodities), but there is also a search bar where you can enter your search terms manually. To learn more about trading with us visit LimeFX and follow our YouTube Channel.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. Between 74-89% of retail investor accounts lose money when trading CFDs.
Payment methods available are debit/credit cards, E-wallets, and wire transfer. When it comes to withdrawals, the same payment options are available. LimeFX doesn’t charge commission either, making it a popular option amongst traders. Combine with this some tight spreads and you’ll see that it’s possible to really maximise your profits. For the standard retail account starting spreads are dynamic and vairable depending on the financial instrument in use.
On our website, you can see that some users have reported unable to withdraw. Trading with LimeFX means zero commission, competitive spreads, and no hidden fees. The charge for executing your trade is the spread, which is the difference between the buy and sell price. Please consult the charges and fees section of LimeFX’s website for further information. Trading online is not something a novice investor will pick up overnight. It takes many hours of practice and extensive research to learn how to identify trading opportunities.
Charting and analysis is the first and foremost thing to becoming a balanced trader. People having no sense of charting and analysis are likely to lose earned money due to inexperience and lack of technical knowledge. LimeFX has come up with an ambitious plan to give them proper guidance and a video lecture series. Technical analysts claim that markets do trend and that by charting market prices, you can control commodity price risk management. The broker offers a pretty wide range of instruments traders can choose from based on their needs and use LimeFX’s user-friendly portal to benefit from trading. LimeFX offers trading on more than 3,700 CFD instruments, including indices, commodities, shares, forex, and cryptocurrencies.
Based on our research, LimeFX is a highly regulated broker holding three top-tier licenses from CySEC, ASIC, and FCA. The broker provides trading safety and a great range of instruments for CFD and Forex trading. Moreover, it offers the popular MT4 as a trading platform with an easy account opening process and relatively low spreads. Another great advantage is the low minimum deposit which makes it a perfect choice for beginner traders. LimeFX’s fee structure is designed to be transparent and competitive. The broker charges spreads on its trading instruments, which vary depending on market conditions and liquidity.
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Our review of LimeFX shows that they offer new investors a large selection of underlying assets to trade CFD’s. The CFD trading platform is truly unique, and one of the best in the industry.
If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won’t have to pay a conversion fee. With that being said, it still does not mean that LimeFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. Regulation is necessary to bind financial platforms by certain guidelines to attain stability and integrity in the system. If you are using LimeFX, you must not worry about security as it has won multiple awards for keeping the trading environment safe from traders. The regulators of LimeFX are FSA, CySEC, ASIC, FCA, and NBRB.
There are many free tools available to investors and you can learn more about the educational tools on offer with our LimeFX review UK. You can learn more about trading strategies at Strafe.com too. Brokerage firms use their websites to parade all their achievements and to boost their credibility. On the surface, it looks like a regulated, award-winning forex trader, but a closer look reveals some issues with trader protection outside the US and real-life stories about money loss.
We have tested the provider LimeFX in detail and will tell you about the results in the following article. Learn about the trading conditions, platform, and assets to trade. Based on our findings, LimeFX is a highly reliable and well-operated broker with strict regulations. The broker offers a wide range of instruments with low spreads and competitive conditions. The minimum deposit is lower than the industry average making it a great option for beginner traders.
We have scanned fees (typical spreads) that Capital charges when trading popular currency pairs, here is their breakdown in pips. Expanding its list of licenses in more tier-one jurisdictions will help win more trust, and increasing its range of markets will bring it closer to matching up with the best forex and CFD brokers. For our 2023 Annual Awards, LimeFX finished best in class in our beginners category, as well as for its offering of crypto CFDs (not available in the U.K.). ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.