However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective. It also supports automated trading via its Expert Advisors (EAs) feature. Meanwhile, the mobile app version of the platform supports trading on the go. Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection.
- Hi Roberto Ruf,We are so glad to see that you are satisfied with our LimeFX platform!
- There are 30 built-in technical indicators, 23 analytical objects and numerous analytical tools that traders can use to identify entry and exit points.
- Cent accounts might be better suited for total novices, and they have a lot in common with live accounts.
- As you might expect, USC is the only currency you will be allowed to use if you settle on this account type.
Deposits and Withdrawals
You can choose from our wide selection of currencies, metals, indices, commodities, shares and futures and start trading with competitive conditions and dedicated support. Access multiple financial markets with ease and efficiency using the standard trading platform for both beginner and professional traders. Customisable, with advanced chart functionality and trading tools, the MetaTrader 4 is your go to platform for all markets. With instant access to 300+ instruments across multiple asset classes, quality execution, advanced online trading tools, and trading systems, we provide everything to meet your trading needs. LimeFX is a big broker and this is why so many traders respect it including me. I can’t say that I find this platform a top-tier one, the one that can compete real mastadons of the market, however it;s kinda…
The broker does not charge deposits and withdrawals but has issued an inactivity fee. I couldn’t really find significant differences among all those accounts provided by the t4tarde broker so decided to choose the stanard one. Well, to be honest, it’s clear enough for me what cent account is used for. The name speaks for itself, but there are not much differences among others.
Account Types
The platform is essential to both online forex traders and brokers around the globe. On the other hand, LimeFX does not offer any alternative trading platforms and does not incorporate any third-party tools. Moreover, I evaluated its trading fees to exceed the industry average. I have compiled the table below to help you better understand the difference between the trading fees on LimeFX’s several account types. It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10.
The spreads of some trading assets are…
I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several factors, such as limefx official site whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action.
The bid price is the highest price a buyer is prepared to pay, whereas the ask or “offer” price is the lowest price a seller is willing to accept. When you trade CFDs, you can do so by using leverage, which means that traders only need to use a small capital amount to control a much larger position in the market. While leverage enables you to potentially earn bigger profits, it can also incur bigger losses. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.Please click below if you wish to continue to LimeFX anyway.
Hi Arvin Mangahas,We really appreciate you sharing your LimeFX experience with us! Thanks for being such a valued customer.LimeFX ⚡️Empowering traders. I think LimeFXs is reliable choice, I say from 10 years experience with diferent brokers . Today, I recived my money, all went smooth and took ordinary five days for payment to go. Hi Pascal Leroy,We love to hear what our customers have to say, and your feedback has been very insightful!
A Cent account is also available, which I recommend to beginners to learn how to trade in live trading conditions. I like the educational content for beginners at LimeFX, which also maintains a balanced asset selection. The flexible leverage and customizable demo accounts are also excellent, offering traders two core trading tools. As a trader, you can trade CFDs for any financial asset, as you do not need to own the underlying asset. With CFD trading you are trading the price changes of the underlying asset and it is a more popular way for online traders to partake in the financial markets. With LimeFX, traders can access CFDs on a range of markets including currencies, metals, commodities, indices, shares, and futures.
My Key Takeaways After Testing the MetaTrader 4 Platform
Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand. LimeFX limefx review and its services are generally geared towards copy trading. The swap or rollover fee refers to additional charges that can be incurred overnight when traders leave trading positions open. The fee is applied by the broker so traders can continue holding a leveraged position after active market trading hours.