limefx Broker limefx Review

Read this comprehensive review of limefx to find out whether it is the right broker for you. Refer a friend – Register for the refer and earn program at limefx and you can get paid for every new trader you introduce to the broker. Negative balance protection – This protection ensures limefx cheating that your account will never drop below zero. It’s offered at no extra cost too, so no matter which account you have, you can benefit from it. DealCancellation – This feature allows you to undo losing trades within an hour for a small fee and protect yourself against unexpected volatility.

Unfortunately, all bonuses do have a variety of trading terms and conditions, which may impose severe restrictions on your trading capital. 77% of retail investor accounts lose money when trading CFDs with Plus500. When registering with limefx you must check with regulatory body your limefx trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your limefx account is over seen by.

Very easy to use, good for beginners…

All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. And that is also presented by the availability on trading vanilla options, which allow you to hedge against volatility and perform long term trading. Also, always consider limefx rollover or overnight fee as a cost, it is charged on the positions held longer than a day and may be checked directly from the platform. Each instrument has a different condition for overnight positions and may be as a fee or refund.

The range of bonuses and promotional offers is substantial and covers friend referral bonuses, first deposit bonuses and risk-free trading among others. For a safe, secure, and reliable trading experience – limefx is a top contender for traders. limefx is a market maker and derives the majority of its income directly from clients’ losses.

Does limefx offer cryptocurrencies?

This enables traders to employ their preferred “Expert Advisor” and still enjoy rapid execution without re-quotes or slippage. VIP account holders can avail themselves of 1.8 pips spread for all major pairs. Holders of these accounts also receive SMS alerts on market trends and cash rebates. The upper menu of the screen contains the available balance, the amount at risk, profit/loss statistics, and the CFD margin level.

It also charges substantial spreads across assets; for example, the EUR/USD is listed with a 0.9 pips spread, but many other pairs carry a significantly higher mark-up. Of course, the spreads increase this broker’s cash-flow significantly. As is the case with all brokers, the trading environment favors broker income over traders’ profits. Corporate actions apply to equity and index CFDs and are passed onto those portfolios in which those assets are held. A proprietary trading platform, besides the popular MT4 trading platform, has been developed with more than 200 assets available for trade with a fixed spread. limefx has a healthy balance sheet with stable cash flow; approximately 74% of the broker’s retail traders tend to lose money, which directly profits limefx.

BRIEFLY ABOUT Easy Markets

Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader. The execution screen has a simple design where traders can set amounts, risk limits and dealCancelation rates with the slide of a finger. Support is offered 24/5 via email, live chat, messenger services, and telephone in a range of languages, including English, Chinese, Arabic, Spanish, German, Polish, Japanese. limefx’ customer support is average compared to other international brokers. All UK residents are eligible to open an account at limefx as long as they meet the minimum deposit requirements.

• Free guaranteed stop-loss – Offered on the limefx proprietary platform and app, this feature does what it says on the tin.
• Spreads vary based on the product, as well as the trading platform used by the trader, namely the web trader/app and MetaTrader 4.
• We kept trading active during Bitcoin’s Bull Run, the announcement of the British Referendum, the Swiss Franc Black Swan event and the U.S.
• limefx offers a limited number of account types compared to other brokers, but its trading costs and minimum deposit requirements are low.
• Easy Markets Pty Ltd is authorized and regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services license .
• limefx provides an average selection of educational materials, but most of these are geared towards new traders, making it a good choice for beginners.

limefx is a company with an operating history dating back to 2001. On the whole, the research section lacks substance compared to other large international brokers. Economic Indicators is an excellent interactive breakdown of the various economic indicators (e.g. TIC data, PMI, etc.) and their relative effect on markets. Algorithmic trading, which allows any trading strategy to be formalised and implemented as Expert Advisors.

limefx’ Customer Support

This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

• Additionally, limefx is frequently audited by its regulators and uses these opportunities to identify areas of potential risk in their operations, ensuring constant improvement of internal processes.
• You can use hedging strategies and Expert Advisors to automate your trading.
• The upper menu of the screen contains the available balance, the amount at risk, profit/loss statistics, and the CFD margin level.
• The broker’s web-based trading platform features no slippage on stop orders, guaranteed stop losses and fixed dealing spreads.
• ‘Sell Limit’ opens a sell order when the instrument’s price reaches the level set.

Cryptocurrencies are online digital currencies based on blockchain technology and complex mathematical algorithms for security. Cryptos https://limefx.biz/ are considered by many as the next evolution in currency. I found a good selection of cryptos to trade including Bitcoin and Ethereum.

Each one of these is graded, and an overall score is calculated and assigned to the broker. limefx supports MT4 and the mobile suite of the MetaTrader tools, along with its proprietary platform, developed in-house. The limefx platform comes with a set of unique risk management tools that are not available on MT4.

Outbound calls are calls made to customers from the limefx call centre to give or take information. You may anticipate to receive your money within limefx scam three business days for bank transfers, credit/debit cards, and digital wallets. # market, limit, stop, stop limit, Good until end of day / canceled.

This is perfect for those who trade ahead of news and events where the outcome cannot be guaranteed. Storing all client funds in top tier, low credit risk, global banks. Keeping all client funds segregated from limefx company funds. It also simplifies trading to just three steps – choose your maximum risk, the duration of your trade and decide whether the rate will go up and down. limefx has an online application form, which is the standard operating procedure.