LimeFx Review & Rating 2022 » Is LimeFx Reliable or Scam?
Social Media support is available via Facebook Messenger, WhatsApp, and Viber. LimeFx has an extensive range of tradable assets, which https://limefx.name/ include more than 200 instruments and 150 currency pairs. The availability of these assets, however, varies with the jurisdiction.
- You may have to wait between days for a response from LimeFx regarding your support request.
- Besides, there are plenty of options to save you from losing more than your LimeFx of your money.
- The whole research section is divided into six categories, all serving to the same purpose of making your trade convenient.
- This app is available for download in AppStore for iOS and GooglePlay for Android devices.
- Finally, the TradingView platform allows you to do social media trading, deep market analysis, advance charting and other advanced trading.
This large and regulated broker has been around since 2001 and has expanded greatly over the past 19-odd years. They have not only grown in numbers but also expanded their product offering greatly. All information on 55brokers.com is only published for general information purposes. We do not present any LimeFx advice or guarantees for the accuracy and reliability of the information. And that is also presented by the availability of trading vanilla options, which allow you to hedge against volatility and perform long-term trading.
Following is the breakdown of those instruments to simplify your asset selection. It is another crucial feature that intends to protect traders from limefx official site facing unintended losses due to volatility or other technical glitches. Zero slippage ensures that the trade is executed at the requested price.
Because dealCancellation can be considered an “insurance” you will have to pay for this protection. This price will depend on the asset as well as the volatility present in the markets at the time of the trade. This is actually a really advanced platform and gives you a host of features that are essential to an option trader. For example you can plot out the option graphs and run pay-out scenarios based on the price. All these accounts also have a live telephone support option as well as an account manager. The minimum that you can deposit for any of the accounts is $100.
MT4 is a popular online trading platform that can be used to automate one’s trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems. Online trading on trading platforms like LimeFx have seen huge growth in the last 3 years. You should only risk capital with LimeFx that you can afford to lose. Understand your risk tolerance with LimeFx, and have a trading strategy that LimeFx is able to help you execute.
All that ensures the traders’ safety, especially to those who trade in volatile conditions. The most common non-trading fees include LimeFx withdrawal fees, LimeFx deposit fees and LimeFx inactivity fees. LimeFx is a great broker for traders who want to get started in the markets. It has a user-friendly platform and a wide range of products to trade. The spreads are competitive, and the customer service is excellent.
Also, international trading seems to be done through its offshore entity which is a major drawback in our opinion. LimeFx offices are located in Shanghai, Sydney, and Limassol , as well as the Marshall Islands, to be able to offer services globally and provide personal customer service. They are always available through Facebook messenger, reply quickly, and earnestly try to answer your questions. I’ve spoken to them on many occasions and they helped me every time.
A LimeFx payment method is required to fund your LimeFx trading account before placing a buy or sell order on a financial instrument. Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on LimeFx are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart.
When it comes to withdrawal processing time, LimeFx says that they try to honour them in under two business days or 48 hours. The actual time that it takes to reach your account will depend on what method you chose and processing delays on your side. Do note though that if you are funding in a credit card and you have then made a profit and would like to withdraw, your profit will be paid via another means such as wire or eWallet. Although mobile trading can be convenient, it is hard to replicate the same conditions as a PC. Charting is harder, connections are slower and order management is more cumbersome.
How to start your LimeFx account?
LimeFx offers a variety of trading account types, including standard, premium, and VIP. LimeFx’ desktop trading platform provides a customizable layout that enables traders to personalize the platform to suit their trading style. The platform also provides a variety of charts and indicators that enable traders to analyze the markets and make informed trading decisions. LimeFx offers Forex trading with over 60 currency pairs to choose from. You can trade on the go with our mobile trading app, or use our powerful desktop platform to trade on your computer.
LimeFx mobile app contains all the tools including dealCancelation, Inside Viewer, Market Explorer, Price Notification, Live Rate Graphs,and Financial Calendar. Indeed you can monitor your account and deposit or withdraw from the mobile app. LimeFx is an online Forex and CFD brokerage which provides traders around the world with access to markets in over 160 countries.
Which Instruments Can Be Traded with LimeFx?
Unfortunately, today I received a call from them telling me that they are no longer able to serve my area due to local regulatory changes. So, since I can no longer trade with them, I decided to share my experience. Feedback is very important to us as it helps us improve our services and enhance the trading experience of our clients.
LimeFx Web Trading Platform
Withdrawals fees vary between LimeFx and LimeFx alternatives depending on where you are located and how much money you are withdrawing. LimeFx also provides a standard assortment of market analysis products, but only the blog section is curated by in-house analysts. LimeFx also provides Trading Charts which offer very little insight, a list of live currency rates, and a basic Economic Calendar. The Free eBooks section is a repository of 10 eBooks available to LimeFx clients – topics covered include technical analysis, trading psychology, MT4 guides, and vanilla options. If you are more accustomed to learning through reading this is an invaluable resource. DealCancellation – unique to LimeFx, this tool allows clients to cancel an order within six hours of making a trade.
I had a ba experience
Cryptocurrency trading can be conducted using LimeFx to buy and sell the cryptocurrency financial instruments on LimeFx. A CFD is a high risk leveraged trade between the trader and the LimeFx brokerage. No underlying assets are exchanged with a LimeFx CFD contract, it is purely speculation on the crypto financial instruments price movements with LimeFx. LimeFx CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if LimeFx CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.
I wouldn’t necessarily call that a negative, but newbies or traders coming from the old binary world may be deterred. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Except that LimeFx offers a demo account that helps you to understand trading better before investing your money.
EasyTrade – In 2018, LimeFx launched its latest trading innovation – easyTrade. This simplified platform allows LimeFx clients to trade without margin requirements, high leverage and features zero spreads. It also simplifies trading to just three steps – choose your maximum risk and the duration of your trade, and decide whether the rate will go up or down.
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