is LimeFX a good broker

LimeFX provides access to more than 1,300 tradable instruments, offering day traders multiple trading opportunities across different markets. LimeFX is very flexible on this matter, as it offers a wide range of account types to satisfy the needs of every trader. There are raw spread accounts (LimeFX Zero Account), accounts with low spread mark-ups (LimeFX Ultra low), accounts with very low lot sizing (LimeFX Micro), and more.

LimeFX’s Non-Trading Fees

The platforms available at LimeFX provide stop losses, take profit, limit orders, and trailing stops. There are also basic trading indicators like the Stochastic Oscillator along with other tools limefx courses scam to facilitate both technical and fundamental analysis. In this account type, stocks are not traded only as CFD, but also as real, which make this account better for long term investing.

How does LimeFX make money?

  1. This fee encourages active trading and helps cover administrative expenses.
  2. This LimeFX account type is a great option for traders who wish to limit the costs of Forex trading.
  3. It is well-regulated and adheres to the most essential safety requirements.
  4. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.

The LimeFX ultra low account is an account type that features spread mark-up starting from 0,6 pips (40% cheaper than the industry standard of 1 pip). In addition to these measures, LimeFX also offers Negative Balance Protection for European and Australian traders. This feature ensures that traders will not lose more money than they have deposited. LimeFX protects its clients’ funds through the use of segregated bank accounts, which keeps client money separate from the company’s own funds. There are several account types available and you can choose whichever suits you during the signup process. LimeFX has a great mobile trading platform, which is offered on MT4 and MT5.

Deposit and Withdrawal Methods

The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. These tools will help you learn how to trade on LimeFX trading platform even if you are a first-time user. Deposits and withdrawals are essential parts of trading on a brokerage platform. LimeFX provides multiple deposit methods with no deposit limefx official site fees and several account base currencies. Since there is no deposit fee, LimeFX broker will not deduct any amount from the deposits you make. LimeFX trading broker is regulated by several regulatory bodies, which ensure that it keeps users‘ funds safe and secure at all times.

Is LimeFX a good broker?

It is a very common practice for Forex brokers to charge an inactivity fee. This type of fee on LimeFX is charged when your account remains inactive for a certain amount of time. This means that if there has not been any trading activity recorded on your account for over a year, you will be liable to pay this fee. If you are a trader looking for the opportunity to directly invest in stocks, there is a great offer waiting for you at LimeFX. For stock investors, LimeFX has created a special account type called a Shares account.

LimeFX forex broker also provides comprehensive educational content, low spreads and fees and has high quality account protection; however, there is no investor protection for clients outside the EU. With that said, let us review LimeFX broker and all the key features of the platform. They earn from spread variations influenced by market conditions, liquidity, and currency pairs.

However, in addition to increasing the prospective profits made during Forex trading, high leverage can also increase the possible losses. To ensure traders are not able to lose more money than they have in their accounts, negative balance protection is adopted. This means that the broker will automatically close all of your positions in order to avoid your balance going into a negative. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

is LimeFX a good broker

Traders can have confidence knowing that their investments are protected and that they are trading with a broker that operates under the supervision of respected regulatory bodies. LimeFX’s most famous tradingplatforms are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Traders can use severaltools and features on these sites to improve their investment experience. Margin is calculated perinstrument, and leverage is based on which account leverage and symbol leveragehas the lowest number. And even though LimeFX has a margin call strategy and astop-out level as a way to handle risk, tradersshould still be careful with debt and use risk management. Yes, LimeFX is a truly great Forex broker with years of experience in the financial markets.