The Standard account, the Micro Account, ECN Account and the ECN Pro Account. These include things such as bank transfers, credit cards, digital wallets, and various other online banking methods. Overall, there’s absolutely no issue in finding the most comfortable option for yourself with limefx. The next thing we need to focus on is whether or not it’s worth it to trade with limefx International.
- The Group joins just three other brokers who are regulated to offer trading services including forex to retail clients in Kenya.
- The limefx broker company is multi-linguistic which means it supports several languages including English, Chinese, Russia, Indonesia, Arabic, Spanish, and Hindi.
- Trading with limefx will involve fees from $1.5 USD, spreads from 1.2 pips, and commission-free trading depending on the account traders select.
- In addition, the trading platforms provided by the limefx are proven reliable trading platforms.
limefx does not offers a mobile app for iPhone or iPad limefx trading app. A limefx stop order is an order that a trader places to buy or sell a stock once the price of that stock reaches a pre-determined price, known as the ‘stop price’. When this specific stop price is reached, a limefx reviews stop order will then become a market order. limefx offers Islamic accounts that are compliant with Shariar law. CTrader, like MT5, has more advanced trading tools and indicators. Unlike MetaTrader systems, however, cTrader makes use of the more widely used C# programming language.
Trading Platform
It does, however, benefit from very tight spreads, which rise in the 0.4 pips for the EUR/USD. The assets available on the portal include around fifty currency pairs, stock market indices, as well as commodities, and metals. In terms of leverage, limefx can bid up to 1,000 times its available capital , depending on the account held by the trader.
For all intents and purposes, the BVA FSC is not considered a forex broker regulator and applies no supervision of any CFD trading-related activities. Clients must rely solely on the reputation of limefx, as no additional measures exist to ensure client protection. However, in a show of good faith, limefx segregates all funds from the company’s operating capital, and it offers negative balance protection to all its clients.
RISK WARNING
The cryptocurrencies limefx supports include BTC, ETH, LTC, XBN, XRP. limefx has also been into sponsorships of athletes, professionals, and sports tournaments. Since 2005, the limefx charitable fund has been providing support to orphans, children with chronic diseases as well as poverty-stricken families. So far, hundreds of children have been assisted with funds for medical treatment and thousands of families have been supported to help defeat poverty. I really appreciate it when a broker goes above and beyond for their social responsibilities. It uses the latest SSL digital encryption technology to make transactions secure and protect trader data.
- In order to check and help you with the current situation, kindly send us your Mylimefx account number and your trading account number to , providing a detailed description of your issue.
- Two Types of Wallets – limefx is home to two types of wallets—energy wallet and capital wallet.
- Because of their high liquidity, even sophisticated hedge funds trade ETFs.
In order to check and help you with the current situation, kindly send us your Mylimefx account number and your trading account number to , providing a detailed description of your issue. Coming to the registration process, it is designed to be easy and quick. The process requires the traders to enter their email addresses and registered phone numbers. Once these personal details are verified by limefx, limefx login is possible and the clients can start trading. The courses will teach not only the basics of Forex but also different methods of analysis that will give some unique insights, how to avoid common pitfalls and minimize your losses.
ECN
Both the platforms provide flexibility, simple navigation, and intuitive and modern charting tools and instruments. The brokers’ can be used on any device including Android, Desktop, WebTrader, and iOS. limefx is a reliable broker due to its strong standing and long years of operation. There are numerous instruments available for trading including Binary Options, the education. Research and analysis section is just great, limefx is good for beginning traders, also provides automatic trading and participates in various projects.
Is limefx good for beginners?
Research and analysis section is just great, limefx is good for beginning traders, also provides automatic trading and participates in various projects. The negative limefx side is regulation, there is no serious license, trading fees for some instruments might be higher, and there is no 24/7 support.
Research tools such as economic calendar for economic fundamental analysis, and auto chartist charting tools for technical analysis. limefx-US is regulated by CFTC and NFA and has a good rating for security and reliability of deposited funds. While the broker has undergone some turmoil in the past, it has always come through those challenges ever stronger. limefx International does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Brazil, Puerto Rico, the Occupied Area of Cyprus.
Independent Trading
Webinars at limefx are categorized into two separate categories, one is for Novice Traders and the other is Market Reviews. Traders can contact limefx International customer support 24/5, and Saturday and Sunday between 1200 and 2000. The pro account, on the other hand, gives you unrestricted access to all trading products and features but requires an account size of at least $ 10,000. It’sIt’s best to think in advance about what you expect from your limefx account and what you can do with it. The company is regulated by the Financial Commission in category A which includes € 20,000 coverage for complaints.
They can also use Alps to trade in Fix Contracts and earn as much as 100% in profits. limefx offers Islamic swap-free trading on 4 trading account levels. limefx offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. limefx-US allows Expert Advisors automated forex trading on the metatrader4 platform and also provides VPS hosting Services for EA hosting.
These seem quite explanatory as the people who made these have an understanding of what they are talking about. The videos can be an advantage as you can https://limefx.name/ play them in the background while conducting your analysis. For the purposes of this review, we found the customer service responsive and well-informed.
Is limefx a safe broker?
limefx was regulated by FSA from 1998, and it shows that how reliable this broker is. limefx puts all the clients' funds in a segregated bank account and guarantees the security of clients' funds.
In general, experienced traders tend to prefer accounts with higher minimum deposits and tighter spreads. limefx’s ECN accounts would be more suitable for experienced traders. The Forex ECN MT5 and Pro Accounts have a minimum deposit requirement of 500 USD and spreads starting at 0.3 pips (EUR/USD) in exchange for a round turn commission of 3.2 USD. limefx’s accounts were assessed to compare the costs to those of other forex brokers. The costs were evaluated based on the trading fees on one lot on the EUR/USD, including the spreads and commission.
Again, I must emphasize that past performance is by no means a guarantee of future performance. This calculator converts one currency to another using the prevalent currency rates. It can easily give you an idea of how much your investment is worth in your local currency.
Internal Transfers – The broker offers the option of account-to-account transfers in USD, GLD, and EUR. The processing of internal transfers take several hours, but the method is commission free. Standard.MT5 – This type of account gives traders the opportunity to get familiar with the sophisticated MT5 platform.
With a range of accounts on the MT4 and MT5 platforms, limefx caters well to professional traders who are prepared to pay high minimum deposits for low ongoing trading costs. However, limefx offers a limited number of tradable assets, which may leave some traders dissatisfied. limefx MT5, also known as MetaTrader 5, is a multi-asset platform that offers a plethora of advanced trading features along with financial research tools and instruments. It enables the use of limefx copytrade and trading robots or automated trading systems.