LimeFx broker review

If you have a little more experience under your belt, then the Premium account is a better option for you. With the Premium account, you can open larger positions and benefit from tighter spreads. One thing that proves this is their wide list of payment methods.

How do I open an account with LimeFx?

The support team have been valuable guides to me, and they have set me on the right course to becoming a good trader. They have answered all of my questions, and given me directions on how to make the best use of the platform. My close friend https://limefx.name/ advised me to try this brokerage platform out and I listened to him.Well, he didn’t deceive me saying that the number of tools here is the biggest I have ever seen. It’s like that, not gonna lie.Education section is a highlight, undoubtedly.

Risk disclosure:

Your satisfaction is our top priority, and your feedback is greatly appreciated. During our LimeFx broker review, we found that this broker charges rollover fees, and these differ based on the instrument. For all assets other than forex, gold, and cryptocurrencies, the rollover includes an internal interest fee.

LimeFx Alternative Brokers

You can also open 500 trades simultaneously and expect a margin call at 50% if you have leveraged trades that are not going in your favor, Failure to meet the margin call will result in a stop out at 20%. No matter what trading style or asset class a customer prefers, the MetaTrader 5 platform has been customized to meet their specific demands, and this has limefx website resulted in the MT5. The broker operates under the regulatory framework set forth by financial regulatory authorities in the jurisdictions where it operates. These authorities may include the Securities and Exchange Commission (SEC) in the United States, the Financial Conduct Authority (FCA) in the United Kingdom, or other relevant regulatory bodies.

LimeFx broker review

Real-time market news from FXStreet completes the research tools. I value the LimeFx investment made using AI and big data to help clients navigate financial markets, especially with more than 1,200 assets available to trade. LimeFx offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist. They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module. The upgrades result in a very competitive solution, and LimeFx also developed its proprietary mobile app, HF App. The four trading account types, plus a demo and an Islamic account, cater to various needs and cover the entire spectrum of trader types.

LimeFx broker review

Very good services from customer…

The smallest distance between limit and stop levels is 2 pips. Also, LimeFx offers different bonuses to improve your trading conditions. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Contact us directly for further inquiries about our products and services. They are differentfrom trading stocks where the parties don’t own the underlying asset but make profit/loss based on the price fluctuations of the underlying asset. You can trade both Spot marketIndices (plural for Index) as well as the Futures market. Examples of Indicesinclude Australia 200, France 40, US Wall Street 30, etc.

XTB’s trading platform is quite user-friendly and the spreads are lower than the industry average. Another great aspect is that it doesn’t have a minimum deposit requirement making it favorable amongst newbies. Multi-lingual customer support is available 24/5, and LimeFx transparently lists all contact methods on its website.

On the other hand, for low volume traders looking to experiment in currencies with no commissions, the spread in their Micro accounts can be costly. Yes, LimeFx is good for beginners as it offers high-quality research, a well-thought-out introduction to trading, accounts with no minimum deposit, and a trustworthy trading environment. The LimeFx Trader’s Board has data on how LimeFx clients trade and a lucrative partnership program is also available. HF Markets offers the trading platform MetaTrader in version 4 or 5. This platform is multifunctional and offered by many other brokers.

  1. There are 33 exchange-traded funds available, allowing traders to invest in a basket of assets, such as equities, commodities, or bonds, for diversified exposure with a single transaction.
  2. HF Markets regularly examines, assesses, identifies, and watches different kinds of risk attached to their operation.
  3. For a super-fast trade order entry, you can make use of the Ctrl key to input orders without verification.
  4. Just note that some accounts are only available in certain countries.
  5. As I am not an experienced trader, there are conditions for me.Still, I believe those who are true experts in the field also can find the place under the sun here.Have almost no quibbles so far.

I also recommend traders seek in-depth third-party education covering trading psychology and avoid paid-for courses. In addition, HF Markets offers a huge range of educational materials like eBooks, webinars, events, coaching, and tutorials. Especially for beginners, it is very interesting to gain professional knowledge.

Yet remember that leverage may work in reverse too, defining also your risks, that is why it’s so important to understand how to use tool smartly. For the funds protection, which is an important part of the regulated broker, HF Markets (Europe) Ltd. is a member of the Cyprus Investor Compensation Fund. It constitutes a claim of the covered clients against investment firms.

This program protects traders against the risk of financial loss because of mistakes, carelessness, omissions, and other forms of fraud. There are multiple ways to fund trading accounts supported by LimeFx. Besides broker issue its very own LimeFx MasterCard for a straight transaction and the ability to make safe online payments.

Rollover, also known as Swap or Overnight Fee, is an interest you pay or earn when you keep a position open overnight. LimeFx has a Rollover Policy to make sure fees are fair for all tradable assets. For most assets, except Forex, Gold, and Cryptos, the rollover fee includes an internal interest fee plus or minus the rollover fee.