Traders also have access to the broker’s four educational e-books. LimeFx’s mobile app affords traders quick and easy access to the market on the go. It is very useful for making snap adjustments to any open trades. The market is volatile limefx website and ever-changing, and staying on top of the latest developments is made easy with the mobile app version of MT4. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.
Customize your device
In addition, with real-time notifications, traders don’t have toworry about missing important news or market updates. LimeFx’s mobile app also provides push notifications thatinform traders of any relevant news or market updates. This helps them stayinformed and make timely decisions when trading. LimeFx offers a wide range of tradableinstruments, including forex, metals, commodities, indices, shares, andfutures. This allows traders to diversify their portfolios and manage riskbetter. LimeFx offers a powerful MT4 tradingplatform.
Leading Ways of Identifying fraudulent MT5 Platforms
They might even throw in jargon to confuse the traders. Common terms used to avoid liabilities include terms of use, risk disclosures, guaranteed profits, insider information, and automated program trading. Various regulatory bodies keep companies in check to ensure they serve the customer’s mood, and forex firms are no exemptions. You can only differentiate legit firms from others through licensing and regulations. Every country and region has its regulatory institutions.
LimeFx Review
Established in 2021, LimeFx is an emerging CFD broker based and regulated in Seychelles, serving traders globally. The broker offers access to a diverse portfolio of over 300 tradable instruments across major asset categories. In just a month I have already enhanced my trading knowledge, from ebooks to webinars, I haven’t skipped anything.
- Whether you’re a beginner or an experienced trader, our blog is designed to cater to your needs and keep you informed.
- You’ll need to pay the remaining balance of #duePayment before this device is eligible for an upgrade.
- If you ever need further assistance or have more feedback to share, feel free to reach out.
- Hi Hassanuel,Thank you for taking the time to write this review.
- The LimeFx reviews provided below gives a final verdict and opinion on various aspects like features, pros & cons, trading platforms, instruments, security measures, and more.
- Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid.
It is not uncommon to get wrong advice which leads to massive losses. It is said that the wealthy make money while they sleep. So they sell robots promising that they will make an exaggerated return on investment while you sleep. Some of these robots don’t live up to expectations and lead to massive losses in most cases. The commission’s charges should be clearly visible on the site. If the fees are confusing, you should take a step back and do the verification.
What are the spreads at this
If you choose to trade with such a high-risk Forex broker, your funds and personal information will not be effectively protected. Based on the information provided on the broker’s website, LimeFx is registered in Seychelles with license number SD029. The latter is a widely known offshore jurisdiction that lacks comprehensive guidelines and regulations. The withdrawal methods are similar to thedeposit methods, including wire transfers, credit/debit cards, and wallets. Yes, LimeFx offers a demo account withvirtual cash. Trading orders are also beneficial for traderswho are looking to diversify their portfolios.
We constantly strive to enhance our services and appreciate your suggestion for additional tools. Rest assured, we are always working on expanding and improving our offerings to meet the evolving needs of our clients. Your satisfaction is our priority, and we look forward to providing you with even better trading experiences in the future. Some customers consider installing trading software a little inefficient.
When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. LimeFx offers 24/5 support over live chat and email. Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. There is no option to reach LimeFx’s support by phone. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.
We recommend you check our blog post “How to recognize counterfeit products” in order to be sure. We discovered that this website is using a third-party review system. We consider this a positive finding as the website cannot manipulate the reviews directly. While you should still be careful when you are checking the reviews, external reviews are much more reliable than reviews placed on a website by the owner directly.
My tests indicate that LimeFx’s trading fees exceed the industry average. Such a full-sized EURUSD position usually costs around $10. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000.
It is imperative that you ensure you are trading with regulated brokers. The regulatory authority supervises the brokers to ensure your trading fund is safe. There are no financial services that can guarantee you a high income or offer investments without risks. With high potential revenues from investments always come a high likelihood of losing all your money. Read our blog post on “High Risk Financial Investment Scams”.
The customer service team is prepared to offer you an unmatched degree of assistance by answering all your questions. Through videos, the LimeFx platform also provides trading advice and market observations. You may obtain daily updates and the most recent financial news with just a one-minute video. LimeFx provides traders with low spreads and competitive and reliable pricing. Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more.
Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. LimeFx has an attractive offering of high-yield/risk instruments, such as share CFDs and cryptocurrencies. https://limefx.club/ This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action. However, there are no lower-risk securities like bonds and ETFs to be used for hedging one’s overall market exposure. The competitiveness of LimeFx’s fees depends on the asset classes traded.
You need to pay off 50% of the device cost before you can upgrade. See billing section for balance and payment. For a limited time, $35 device connection charge waived when activating a new line online. Again, these schemes bank on unrealistic returns. They entice investors with get-rich-quick investments based on forex.
LimeFx also offers a range of advancedtrading orders, such as limit orders, stop losses and take profits. Theseorders allow traders to control their risk better and also take advantage ofmarket volatility. The MT4 platform also provides a customisableuser interface, allowing traders to customise the trading environment accordingto their individual needs. This ensures that all traders have the same tradingexperience. The LimeFx platform offers a wide range of commodityCFDs to trade, including crude oil. These commodities can be traded with flexibleleverage and low spreads.