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For some unknown reason, all this time I neglected indices, although I heard news about them every day. My first impression is that it’s much easier to trade indices than currencies, so I intend to trade indices more actively. To assist in their trading endeavors, brokers offer traders a variety of trading tools that can be used to refine their trading. All client funds are stored in segregated accounts and are fully insured to give traders additional security surrounding the safety of their deposits. Thanks for the article with the review of the broker. I would add European geolocation and focus on European traders among the advantages.
- Now I completed my long-lasting test and am ready to put all this stuff in practice.
- In this regard, it looks far more attractive than any other platforms I have ever tried.
- It wasn’t because of the market that moved against me.
- Copy downloaded indicators with EX4 extension to the Indicators folder.
The broker has a great variety of trading platforms offering industry-leading platforms ensuring both the quality trading experience and the safety of their clients. LimeFx is an STP broker based in Cyprus since 2015. FXTB is operated by Forex TB Limited, a Cyprus LimeFx Firm, authorized and regulated by the Cyprus Securities and Exchange Commission. The broker offers a unique trading experience through its platforms and aims to Uphold strict industry regulatory compliance requirements throughout every aspect of its operations.
FXTB Accounts
I like it’s regulated by CySEC and there’s wide range of assets with quite tight spreads and no restrictions for trading. Thanks to modern technology, traders using the LimeFx trading platforms can place market orders and expect the fastest possible speed of execution. This allows clients to take advantage of the market via the super-fast platform. LimeFx is a premier broker and trading platform for online trading. LimeFx offers forex trading, which is available across all of its platforms.
FXTB Funding Methods are ranked 8 out of 10.The broker does offer a great variety of funding methods with low fees and several currency bases. However, the minimum deposit is slightly above lime fx the industry average which, based on our research, is up to $100. Another crucial factor while selecting a Forex broker is to see how to transfer money to or from your trading account.
This includes free monthly seminars, advanced forex training, free e-Books, as well as a well-written FAQ. All the platforms are secure, and traders have to verify their accounts before they can withdraw profits. LimeFx has a Demo account, where traders can practice strategies and become familiar with the broker and its platforms. Clients have access to agents via live chat or can reach them via a support contact form. LimeFx also provides a phone number, email address, and a physical mail address. LimeFx offers educational resources in the form of e-books, webinars, trading tips, a few articles about technical and fundamental analysis and more.
To conclude, LimeFx looks like a solid broker, with almost everything that a trader may need and with the major advantage of being regulated by a prominent financial watchdog. On the downside, I believe the spreads are too high (they offer 3.2 pips for EUR/USD and the industry average is half that) and the account structure could use some tweaking . However, if you are not a high frequency trader, the spread will not eat too much into your profits, so you could simply use the lowest account. A broker established in 2015, with full regulation coming from a major financial supervisor cannot be a scam. When brokers put their hands inside clients’ pockets, the word spreads like wildfire on all notable forums and social platforms, which leads to a drop in client base for those brokers. Here the platform is free, and a demo account is unlimited.
Copy downloaded indicators with EX4 extension to the Indicators folder. To create indicators on your own, you should use a MLQ4 kit installed alongside MT4. I wonder if someone is working on a platinum or gold account? One of their employees gave me advice on several LimeFxs but in almost all of them the course went in the opposite direction to his advice. During the trading period I haven’t seen any promotions or bonus incentives offered. The money is withdrawn without any delays and this is pleasing.
Trader protections by territory
I especially appreciate the choice of cryptos and indices. I have been trading with LimeFx for quite a long time. The conditions for it are not worse than other brokers. They answer all the queries quickly and very competently, etc. FXTB Leverage enables trading with a bigger exposure to markets compared to your initial balance.
In case of your transaction has been declined, you can get an instant help from our customer support. With LimeFx you can fund your trading account via Perfect limefx company reviews Money. Leverage limits are determined based on an individual’s available assets, credit score, and the amount of cash collateral they can provide.
Trading Platforms
Of course, if you need custom indicators, you can turn to Metatrader, but I think it’s hard to beat Webtrader in terms of convenience. We offer over 300 desirable financial assets to choose from. At LimeFx, you can dive into global markets, and trade CFDs on Forex assets, such as EUR/USD, GBP/USD, or trade CFDs on Commodities such as gold, silver and crude oil. Available for desktop and mobile web for a full trading experience.
Keeping in mind the ease and attraction of users, LimeFx provides multiple offers and targets for the users to get different discounts, free withdrawals, and much more. It also provides offers to its users depending upon the national events and days of the countries in which the platform is operating. Moreover, it also provides special news and technical analysis to its users, but currently, there are no ongoing offers on the platform.
In addition, the broker has licenses, and this is very important for me, since I try to work only with official brokers. The minimum deposit is €250 for the Basic Account which allows one free withdrawal. It’s worth noting that while risk management can help minimize potential losses, it is not a guarantee of profit and traders should always be mindful of the potential risks involved in trading. Movements in the price of foreign exchange and commodities are very unpredictable, hence FXTB cannot guarantee a maximum loss that a trader may suffer.
Let’s suppose you go to some seminar by a dealing center and listen to the information about what traders use in their trading, what they have read and studied. Most people want freebies, and they have enough to do. Hence, they lose their deposits and the negativity is poured on the brokerage companies. I read and talked to the broker’s technical support.
Are there additional charges on the Islamic account?
Over 50 forex pairs are available to trade, with spreads for EUR/USD starting at 1.8 pips on the VIP account and 3.2 pips on the Basic account. Spreads for GBP/USD range from a minimum of 2.2 pips with the VIP account to 3.6 pips with the Basic account. All these spreads are the minimum and can, of course, frequently change according to market fluctuations.
In case you deposited with a wire transfer you will need to provide the broker with the confirmation of the transaction you placed. In case you deposited with e-Wallet, you need to provide the broker with the screenshot of your e-Wallet account with your full name, email, and e-Wallet number visible. Owned by Forex TB Limited and https://limefx.vip/ regulated by the Cyprus Securities and Exchange Commission, the broker makes its services available to clients from 29 countries across the globe. Clients can deposit into their accounts with a variety of methods including credit cards, debit cards, wire transfers, Skrill, Neteller, Sofort, IDEAL, and Trustly, among others.
The broker allows to try it without registration, so it took me a couple of minutes to realize that I like it much better than Metatraders. Frankly speaking, I have some kind of controversial opinion about this brokerage. On the one hand, the list of assets, especially of stocks, is really impressive, so you 100% would find that assets, that would help to maximize your profit. But on the other hand, 1.3 spread for EURUSD in average is quite high, at least it’s higher than average.
How can I open a demo account with LimeFx?
MT4 is the preferred choice of desktop LimeFx trading platform, which is the most popular and widely used trading software in the world. MT4 is available for both desktop as well as mobile platform, but the broker offers two different options for both browser as well as mobile trading. The Patron Web FX Browser Platform is an interesting web trader that has a great user interface and amazing tools that will negate the need for a dedicated trading terminal. The LimeFx trading platforms do have a few teething issues, especially regarding latency and connectivity issues, and the lack of a VPS option complicates things further. However, the platforms shouldn’t throw up any issues for long-term traders who are consistent with the markets regarding their entry and exit. LimeFx has a choice of two main trading platforms, available for desktop, web and mobile.
Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary. We verify some of our data for quality control but there are slight variations occasionally.
It’s nearly impossible to do the same on Metatrader. I registered a Webtrader account with this company because I put much value on execution. We are very happy that our tools are helpful and we are always trying to improve our platforms and add more tools. But what became really important for me was the practical help of the company’s managers. They helped me with registration, I was prompted by some features of the platform and much more… Some are looking for adrenaline, some are looking for easy money, and some are under the influence of movies or TV series about the Forex industry.
Trading with this company turned out to be pleasant and hassle-free as it should be. I would like to tell a couple of warm words about their Webtrader. It’s very light and intuitive and allows me to easily reach out to the required assets.