Safety is evaluated by quality and length of the limefx forex broker broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. LimeFX offers a wide range of tradableinstruments, including forex, metals, commodities, indices, shares, andfutures. This allows traders to diversify their portfolios and manage riskbetter. The platform offers these futures with lowspreads and no commissions. Flexible Leverage is also available, enablingtraders to use their capital more efficiently.
Does it offer a demo account?
Supported transaction currencies are USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF. LimeFX converts deposits and withdrawals in other currencies to the account base currency at market rates. Trading with a regulated broker will limit the potential for fraud and malpractice.
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… Close to this list and it’s definitely better than average platform with a couple of assets, one account and no extra services. Here is nice copy trading functionality, big academy for those keen on learning trading stuff, favorable pricing and many more things. Versatility and quality are those pillars that ensure good development of a company and its fame in the community. The platform also provides sophisticated toolsfor each instrument, allowing traders to analyse the markets and make informeddecisions when trading.
- Hi Arvin Mangahas,We really appreciate you sharing your LimeFX experience with us!
- I cannot wait to close everything that’s floating next week and leave this broker.2 stars is given because it is a broker and it works on MT4 but there are so many better ones out there.
- IB stands for Introducing Broker and, within the context of online forex trading, it refers to an independent broker or trading dealer whose job is to introduce new traders to a brokerage.
- The LimeFX platform also offers a detailedcharting package, helping traders to make better trading decisions.
- Flexible Leverage is also available, enablingtraders to use their capital more efficiently.
Introducing Brokers
Most of these instruments have tight spreads, which makes trading withLimeFX a cost-effective option. In addition, clients at LimeFX do not have topay any commissions, as the broker charges only the spread. A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without owning them directly. With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset.
Range of Assets
LimeFX offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function. I recommend traders select demo account settings similar to their planned live deposits to create the most realistic demo trading experience. LimeFX offers a choice of 300+ trading instruments, Forex, commodities, indices, shares, and futures.
Whether you’re a forex trader orother financial instrument trader, this broker can offer you the necessarytools to make informed decisions and succeed in your trading activities. This platform is known for its user-friendly interface andcomprehensive features. It allows traders to access the markets with ease andexecute trades quickly. Compared to other brokers, the leverageoffered by LimeFX is relatively high. It enablestraders to potentially magnify their profits if the market moves in theirfavour, but losses as well, if the market moves against them. CFDs on commodities enable traders to takepart in the commodities markets without actually owning the asset.
The LimeFXplatform gives traders access to global commodity markets with leverage,allowing them to take advantage of price movements. Trade forex with fixed or flexible spreads, starting from as limefx scammers low as 0.0 pips. Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. You can choose from our wide selection of currencies, metals, indices, commodities, shares and futures and start trading with competitive conditions and dedicated support.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I can tell my experence with LimeFX standard account.Promised spreds were matched on my EUR/USD short position. The withdrawal methods are similar to thedeposit methods, including wire transfers, credit/debit cards, and wallets. The Group includes Damadah Holding Limited with registered address at 365, Agiou Andreou, Efstathiou Court, 2nd Floor, Flat 201, 3035 Limassol, Cyprus.
TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. Yes, introduce new clients and you may receive CPAs up to $750 and bonuses up to $10,000. Whether you are new to affiliate marketing and forex, or you have an established presence in the forex industry, you can earn commissions by referring your audience to LimeFX.
