Even bigger disappointment comes with their mobile app. Even though it is available on all mobile devices, it doesn’t provide all features. Traders that prefer social or copy trading, automated options and more can’t find it here.
Of course, but its absence is not too much of a hindrance. The broker claims to offer a mobile trading app but the download files are suspicious, i.e. from an unknown publisher. Moreover, there are trading courses and assets hubs that help excel at the trader’s level. Finally, there are several articles related to the financial market that can help you in learning. These can help you in building good trading strategies.
Horrible losses instead of gains. No refund for the unfulfilled promises!
Collect regulation, leverage, spreads, and other details from LimeFx Review 2022. With the help of a demo trading account, novice traders can understand the market’s volatility without the risk of losing money. This is because demo trading takes “bot money” or “paper currency” from its traders.
- This is seen because of the fact that a lot of novice traders trade on leverage and end up losing more than they can afford.
- Various financial instruments for trading with over 170 assets to trade in CFD.
- I was promised safe and secure trading but in reality, never had any control over my account.
- Commission-based trading is never good for traders because most of them are interested in swing or momentum trading.
I was a bit hesitant to deposit even though it’s a regulated company but the transparent and fast withdrawal process and amazing customer service proved me wrong. A broker with a user-friendly platform and a reputable reputation as it is regulated. Reliable leverage prevents beginners from losing all their https://limefx.club/ funds at the beginning of the trade. At first, I had some problems with the withdrawal of funds, but the supports helped me and after 2 days the funds were credited to my account. The next times I took out in about a few hours, sometimes less. The site is very easy to use and the broker was very helpful.
Commission-based trading is never good for traders because most of them are interested in swing or momentum trading. LimeFx is a broker licensed and regulated by the CySec. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest.
Does Tradereview Offer a Demo Account?
The spreads and swaps depend on the status of the account. Once you have reached the platinum account, the spreads and swaps will be tight, but the spreads could be better for the silver accounts. LimeFx does not charge any trading commissions and gives a flat 0% commission promise. Most investors lose money when trading on cfds because they use high leverage. Leverage is a double-ended sword it surges losses along with profits. The research resources section of the brokerage firm consists of impressive tools such as Daily News Section, Report Season Calendar, and Economic calendar.
Tradereview’s only available trading platform is a web-based terminal – WebTrader, which can be accessed via any browser. The unscrupulous broker advertises its own proprietary desktop and mobile trading platform, but the download files are really suspicious. Our PC warned us about the file lacking punisher information. This broker is based offshore and is not licensed to provide Forex trading services.
To open the account, the trader has to visit the broker’s website and click on account types. From there, the trader can choose the preferred account types from the list. Islamic accounts are also abbreviated as swap-free accounts and differ in almost every aspect when compared with traditional forex trading accounts.
Good overall experience
They can trade through any payment services such as bank wire transfers, debit/credit cards, and e-wallets. Moreover, it partners with several banking institutions to limit the risks. This ensures diversification of the funds, and the credit risks are regularly monitored. It has a local legal framework that supports the jurisdiction of segregated funds.
It is technical support software that helps in meeting the financial expectations of the traders. Our LimeFx review is mixed, but we recommend crypto traders to take a second look at LimeFx. Beginner traders should test LimeFx.com lime fx on a free demo account before starting with a live account and check out the learning materials. Experienced Traders will like the MetaTrader 4 as the main trading platform. LimeFx offers several options as trading platform.
Nothing on this site constitutes advice or a recommendation – you use the site and its contents at your own risk. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. Most investors/traders end up losing money rapidly while trading CFDs. In addition, most new retail investor accounts lose money when trading CFDs.
In addition, the broker also offers priority class trading options. The trading platform is accessible for both retail investor accounts and professional account holders. They can download the trading platforms https://limefx.name/ from the LimeFx website and use them easily. LimeFx does not charge any fees or charge for trading services that it offers. It has commission-free trading but earns profits from the spreads and swaps.
LimeFx Review, Experiences & Trading Conditions
One of the rare positive things about this broker is a demo account availability. As can be seen in InvestFW reviews they don’t offer services to any of these countries. InvestFW is an offshore broker operating since 2016 from Cyprus. They offer FX and CFD, but with unattractive trading conditions.
One of the best parts is that traders can enjoy free market analysis tools and educational materials provided by the broker. Traders can place orders and many other things within a few clicks on the mobile trading platform. Professional traders can opt for a professional account with many advanced features as compared to other trading accounts. LimeFx offers mainly two trading platforms and a mobile app for the convenience of the traders. The two major trading platforms are Web Trader and MetaTrader 4 .
To ensure fast and smooth deposits and withdrawals, you have the option to choose from several payment methods. The comparison values are based on data from 15 Forex / CFD brokers. Traders have to submit withdrawal requests to the broker’s website through their accounts. The withdrawal request gets processed within 2 to 3 business days. Yes, the financial service provider is regulated with a top-tier regulatory authority, CySEC. LimeFx is an award-winning platform that consists of knowledgeable educational and research material.
Pretty good broker, nothing really special but the quality of services is decent, especially for newbies. I was satisfied, since I have never had any problems with payments for 7 months of working with this broker. I will not suggest any new beginner to start here and trust the people working there.
You do not have to comment to rate but feel free to comment if you have an opinion on this broker. LimeFx trading platoform helps me very much to achieve my trading targets. Thanks, CYSEC for regulating this platform, and I will definitely recommend LimeFx. Now when the money is gone, LimeFx denies the wrongdoing sending me off with a miserable offer. Click on the “Open account” option available on the right-hand side of the broker’s website homepage. The broker also nowhere fails when it comes to providing a good trading material.