Also, LimeFX allows you to either open a demo account and test trading strategies or to open a live account to enter forex markets. Based on our findings, LimeFX is a highly reliable and well-operated broker limefx review with strict regulations. The broker offers a wide range of instruments with low spreads and competitive conditions. The minimum deposit is lower than the industry average making it a great option for beginner traders.
Clients also benefit from stop-loss and take-profit orders, while negative balance is integrated for all user accounts. In addition, personalized watchlists and interactive price alerts help traders keep abreast of market developments. Up to six markets/tabs can be setup and maintained simultaneously. 83.45% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. Typically, a finance broker buys and sells financial instruments or assets on behalf of their clients. An individual who wants to trade on financial markets hence would need a broker as an intermediary between them and securities exchange.
Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). As a relative newcomer, LimeFX has proven it can deliver high-quality research and educational content, along with an excellent web trading platform that offers a decent range of markets. For learners, the platform offers a user-friendly demo to get to grips with charts, positions and indicators, and comprehensive educational resources and dedicated 24/7 support are available. With flexible position sizing, traders can comfortably manage their exposure. LimeFX provides a limited offering of stocks; there are over 1,000 stocks available, but this is far from exhaustive, particularly when compared to market leaders such as Saxo Markets and Hargreaves Lansdown. Furthermore, there is no option to invest or trade in funds or government bonds.
Customer service
ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. Read our full explanation and accounting of our research and testing process to learn more about how we test. Founded in 2016, the LimeFX limefx scammers brand caters to more than 480,000 registered clients for LimeFX group, and has group entities authorised and regulated locally in the U.K. The full list of support details, including contact numbers, is available on the ‘Contact Us’ page of their website.
- The brokerage offers extensive educational materials and user-friendly risk management tools.
- Trading with LimeFX means zero commission, competitive spreads, and no hidden fees.
- Yes, there is a trading platform for the CFD account, but this does not currently link to the share trading account.
- It has low spreads on Forex and Stocks CFDs and excellent customer support.
Investing requires emotional intelligence as well as technical knowledge. Now and then, we all need a little help to know when we are making investment decisions based on emotional biases. LimeFX has integrated a unique AI technology feature into the platform to analyse your trading behaviour to help you make more informed trading decisions.
What is the role of a broker?
LimeFX has integrated with Trading View to offer advanced charting (over 70 different Technical indicators available). It has low spreads on Forex and Stocks CFDs and excellent customer support. On the downside, it is missing some common products such as Options and Bonds. It also may be overwhelming for beginners to get used to, but many learning materials help you get up to speed quickly. There are various types of brokers investors and traders can choose from, depending on their strategy, risk tolerance and goals. Broker fees would vary depending on the type of a brokerage firm, its reputation, and services it provides.
- LimeFX’s news feeds are very useful, allowing you to find all the relevant news stories for your research stocks.
- While using the LimeFX platform, our experts particularly liked the ‘Discover’ function.
- Please consult the charges and fees section of LimeFX’s website for further information.
- We would like to see LimeFX add to the funds, investment trust, ETF and bond offerings in future.
- In particular, the platform covers three sectors – hard metals, energies, and agricultural products.
To use the real account you need to replenish it with funds and get verification. Leverage levels are usually defined by several factors as this tool increases the initial trading size you may operate and results in the potential to magnify your gains. However, along with its great capabilities, leverage increases risks too, making it possible to lose and gain a bigger amount in parallel. No, LimeFX is not a scam, it is a safe broker since it is a regulated broker, with established under reputable FCA and CySEC regulations.
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It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. This simple, clean interface is an excellent gateway into trading CFDs, although experienced traders may want access to more detailed figures, charts and analysis tools. The kind https://limefx.vip/ offered by MetaTrader 4 (MT4), for example, which is also available through LimeFX. MT4 boasts a wide range of technical indicators, charting options and support for automated trading through expert advisors (EAs). The platform offers over 75 technical indicators, several graphs and charts, plus sophisticated drawing tools.
Instacart made a similar move, selling $175 million of its I.P.O. shares to PepsiCo. Klaviyo also announced that it had secured the investment firms BlackRock and AllianceBernstein as “cornerstone” investors ahead of its offering. Trumpeting such commitments ahead of an I.P.O. is not as common in times when the market is flush, Mr. Hsu of Wharton said.
The broker provides leveraged trading for retail clients with a range of margin sizes available depending on the market. Trading with leverage can amplify losses as well as gains, so it’s essential to consider the potential risks. We found that LimeFX allows crypto trading to non-UK traders on a CFD basis with low spreads. The broker allows trading such cryptocurrencies as Bitcoin, Litecoin, Ripple, and Ethereum. It offers a variety of cryptocurrencies that can be traded in relation to many different currencies.
LimeFX withdrawal fees and options
A bank transfer can take several business days, while payment with a credit/debit card is instant. You can only deposit money from accounts that are in your name. We compared LimeFX’s fees with those of XTB and Trading 212, two similar brokers selected by our analysts. This selection is based on objective factors such as products offered, client profile, fee structure, etc.
This means, that if you use the bank transfer method, the broker will send your money back to your bank account. If you use a credit/debit card, they will transfer money back to the card you used. The minimum deposit is 20 EUR, 20 USD, 20 GBP, or 100 PLN for all payment methods, except wire transfer, which has a 250 EUR (or the equivalent in the currency of your trading account) minimum.
The mobile app’s user experience is excellent and straightforward to use when you are on the move. Price alerts can be set on any stocks you are invested in or just interested in with a click of a button. You also can opt to have push notifications on your mobile for significant market movements, portfolio-related news, and other important events.
Trade CFDs on LimeFX via TradingView
The platform is user-friendly, easy to navigate and equipped with abundant professional-grade features. After scoring the best share dealing accounts across 46 different variables, our analysis finds that Interactive Brokers is better than LimeFX. Professional traders are brilliantly serviced with the tools and capabilities of Interactive Brokers.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. 5-Star Excellent Broker.I’ve been trading CFD’s on forex and commodities with LimeFX for just under a year now. This broker has decent spreads (1.3pip on GBPUSD, 3pip on GBPJPY for example).
