Traders can trade at fixed tight spreads starting from 0.9 pips on major forex currency pairs. When you consider there is no commission fee, this can actually work out cheaper in the long run, depending on your trading strategy. LimeFX offer up to date fundamental and technical market analysis that helps to keep you informed with the latest markets movements and assist in making educated decision whilst trading. The broker offers different market analysis on the highest level in its educational site, Sharp Trader.
Typical spreads are suggestive amounts because they are largely powered by macroeconomic events and market conditions that impact markets’ financial futures association. In terms of margin trading, the requirements for margin are the subjects to be changed based on the new release, market volatile and trade size. LimeFX is beneficial for novice investor that seeks to provide a basic understanding of CFD trading. It offers negative protection and AvaProtect option allowing the customer to take insurance on trade that FCA cannot regulate. For over 11 years, LimeFX has established itself as a major player in the online financial field, with a proven track record of positive customer satisfaction.
KYC Procedure for Account Creation and Depositing
I like how they make everything available through one account. The educational content covers a wide range of trading topics such as money management, trading platforms, trading strategies, technical and fundamental analysis, different markets, and much more. LimeFX is dedicated to empowering its traders to invest and trade with confidence.
- When working on this LimeFX review, we found that the broker does not offer real stocks.
- It doesn’t matter if you have any prior experience, I found the platforms to be easy to use right from the get go.
- Proof of residency – such as a utility bill or bank account statement.
- In this review, we tested the MetaTrader 4 desktop trading platform, as it offers more assets to trade, not just forex options.
- This gives Canadian traders access to LimeFX’s product suite.
The broker also includes AvaOptions, LimeFXrGO, and WebTrader platforms. LimeFX is a well-established broker that provides a multitude of trading instruments, from Forex and CFDs to Cryptos and Bonds. We recommend that you open the LimeFX website and follow along with our review analysis. There are not too many deposit methods on LimeFX, and they include bank wire, debit card & credit card transfer, and e-payment methods. Keep in mind that some might not be available in your region though.
Our partners cannot pay us to guarantee favorable reviews of their products or services. When you open an LimeFX webpage,you will see the live chat option on theright corner on the top. Next to this option will be a customer support telephone number to use it if you have any kind of question in your mind. It is very significant and covers different topics, including beginner’s lessons and modern trading tools. Metatrade4 with the LimeFX offers many important features such as multiple charts, simplified order execution, pending orders, etc.
LimeFX is a multi-national, award-winning brokerage company that was first established in 2006, originating from humble beginnings in Dublin, Ireland. It is a critically acclaimed broker famed for its limited but flexible account type selection but excellent services and trading limefx broker reviews solutions regardless of knowledge and experience. The available assets present a balanced mix and offer the customers cross-asset in-depth diversification from a commission-free price environment. It is not regulated by FCA, which concerns professional and large-scale traders.
LimeFX boasts of its various research materials through its different trading platforms. This feature enables traders to look at the market scenario through technical and fundamental lenses. These analysis features are mostly available to all brokers online. As for LimeFX, this feature is only available to traders who have deposited at least $500. This platform has a step-by-step guide for users to follow during opening trades, activity feedback, and technical support. Ultimately, LimeFXGo allows users to switch between features and accounts seamlessly anytime.
LimeFX’s Gold spread sits between 3 and 4 pips, making it less competitive than other brokers. If we are to compare its offering on EURUSD, LimeFX’s Gold spread is still far from the more expensive brokers. In terms of spreads, LimeFX’s main competitors are LimeFX, Vantage, LimeFX, LimeFX, and XM. Since the broker doesn’t apply trading commissions, the crossing between ask and bid spreads is the main source of its revenue.
LimeFX brokerage firm is accepting deposit methods including credit cards or bank wire transfers. In order to these traditional payment solutions, the broker also supports e-payment solutions such as Skrill, WebMoney, or Neteller. Therefore, as a trader, you are free to choose the payment method that is supported in your country https://limefx.group/ of residence. Among the assets available on LimeFX, one can find Forex, cryptocurrencies, stocks, commodities, and many others. The broker is known for offering traders numerous trading platforms, including MetaTrader 4, MetaTrader 5, and the custom trading platforms such as WebTrader, AvaOptions, and LimeFXGO.
Its regulatory status is also formidable as it is regulated across five continents. Its regional offices are located in Milan, Beijing, Sydney, Tokyo, and Paris. On the relevant market, significant size and carried out transactions at a center frequency of ten per quarter over previous four-quarter activities with other providers or LimeFX.
The platform is well designed and has lots of functionalities despite being a mobile platform, but can be hard to navigate on a mobile device. For starters, you can view the platform only in horizontal mode. Just like the WebTrader platform, AvaOptions provides only one-step login. You can easily set the underlying asset and the strategy you would like to trade.
As a member of this affiliate program, you can get rewarded for referring traders to LimeFX. Their affiliate program comprises nearly 70,000 partners spanning more than 150 countries. They can owe this success to their policy of issuing regular payments on time. First of all, it is no secret that this international broker is one of the most heavily regulated online brokerage firms in the world, with licences across 5 whole continents. Obtaining these regulatory licences, not only allows them to operate internationally but is beneficial for customers too.
LimeFX Services Features
It is a very simple trading platform, which can be used by traders even with the least experience in the market. It comes with numerous charts and indicators that can make market analysis a lot easier. LimeFXGO also allows traders to contact the multi-lingual support team directly from the application. All of these trading platforms can be very useful for traders. Their design is highly intuitive and can be very easily used by traders, even if they do not have much experience in the market. These account types were created to ensure that traders of all interests could find something that fits their needs in the financial markets.
Before trading Forex or any other financial tool one should be aware of the risks, know exactly his LimeFX goals and limits and acquire a fine level of risk understanding and risk management. CFD Regulated broker with +1000 financial instruments and multiple trading platforms, operating since 2006. If you want to be a passive trader and rather make profits by following steps taken by professional traders, AvaSocial can be the perfect trading platform for you. This app allows LimeFX’s clients to copy the trades of other, more experienced traders.
AVA Trade Ltd is regulated by the British Virgin Islands Financial Services Commission . The BVI provides licenses to companies who are operating in financial services within this territory. The Cyprus Securities and Exchange Commission regulates DT Direct LimeFX Hub Ltd. LimeFX Hub Ltd. is a licensed LimeFX firm compliant with the Markets in Financial Instruments Directive .