Users can log in to their demo accounts using their registered email address and password. Once the registration is complete, they receive $20,000 virtual money for trading. The range of products available to you will depend on the entity of your trading account. Cryptocurrency trading is available at LimeFx through CFDs, but not available through exchange trading the underlying asset. The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority.
The LimeFx economic calendar lists the global economic events that affect the prices of trading instruments. You can search for events and compare analysts’ consensus with previous records. I like how you can easily filter the news to only display that which matters most to you. I think the calendar is a vital tool to make sure that you are aware of any pending news releases that can impact your positions.
Sanjay has always been a valuable member of our strong customer service team. We are very happy that our service meet your expectation and will continue to keep it up for our customers. Your review is important to us and the abundance of substance in it is greatly appreciated.
I would always prefer to use a broker without a dealing desk is it removes any potential conflict of interest. I wouldn’t want the broker taking the opposite side of my positions. 72% of retail investor accounts lose money when trading CFDs with this provider.
Geo-political events as well as many other macroeconomic factors influence price action and create volatility. You can sign up to receive SMS Trade Alerts (powered by the brilliant Autochartist) to help you spot potential trading opportunities. This is a set of quality tools designed to assist you with your trading activities. It comprises of daily trading signals, technical analyser and trading analytics. No, but you can trade CFDs on major stocks through an online broker like LimeFx. You will have to open an account with a stockbroker to buy stocks.
The worldwide market news is updated multiple times during the day. It provides the most recent news and events in the economic activity of many nations. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.
Account opening
The funds of the investors and customers are placed in a separate bank account that is restricted from the business creditors in case it runs at a loss. The eligible compensation fee in some specific conditions is up to £85,000. In addition, LimeFx only uses regulated payment methods for the fund of clients. The total activity of accounts LimeFx globally is more than 130,000.
- Furthermore, if LimeFx cannot satisfy any repayment claims, eligible UK-based clients can claim up to £85,000 in compensation through the Financial Services Compensation Scheme.
- Trading Station desktop (not to be confused with TradeStation) is LimeFx’s main platform.
- Moreover, the broker accepts both individuals and as well as institutions as clients.
- One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators.
- LimeFx charges an inactivity fee of $50 after 12 consecutive months of account dormancy.
- This is backed up by the security which comes from using a broker that operates under license from highly regarded regulators.
Tech-savvy traders can use NinjaScripts to develop their custom indicators and trading strategies easily, and the platform also has automated trading capabilities. Once over the administrative hurdles, traders are in for a treat. Moving between markets and time-settings is easy to do and the mobile platform is particularly responsive. There is a Newsfeed function, but the platform is above all else set up for on-the-move execution. Complex order types which incorporate metrics such as Good Till Cancelled and Good Till Date are made available so that users can trade the way they want to.
Thank you LimeFx
Right on the screen of your device, the website can be easily navigated, and there are tabs to help you get easy access to any feature you intend to operate on. Forex analysis and charts are essential tools to assist traders on the LimeFx platform in understanding the volatility of currency prices and when to attempt trading such as selling or buying currencies. The charts are integrated financial tools that are useful for every trader. It aids investors to effectively and easily communicating useful information about the market trends. For those who have been to high school, charts should not be a new thing for them now that they are on the LimeFx trading platform. Like the TradeStation and MetaTrader 4 automated trading is supported and you can create your own strategy by using the built-in tools.
Trading Products
Trading Forex and CFDs is often a risky endeavor where user accounts lose money. To analyze the risk involved and to minimize it, we recommend users first try the demo account rather than starting with real-time trading. The demo account is ideal for analyzing price movements of the currency pairs or CFDs. It also executes trades in real-time to understand how best the strategy works before trading for real. The broker’s proprietary Trading Station platform is available for iPhone and Android mobile devices.
Where LimeFx Shines 🌟
However, the opinions and reviews published here are entirely our own. Checking through the exact terms and conditions is always recommended but the firm appears to see stringent limefx scam compliance and customer protection as selling points. Taking the UK operation as an example, LimeFx LTD is authorised and licensed by the Financial Conduct Authority (FCA).
Compare LimeFx Competitors
One plus point for many is that LimeFx offer spread-betting as well as CFD trading on ‘standard’ accounts. Eligibility for spread betting depends on client domicile but there can be tax advantages for those able to trade the on markets using that approach. LimeFx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call LimeFx, there are 42 country-based numbers one can call from. Countries range from South Korea, United Arab Emirates to Venezuela.
Excellent Customer Service
Simply put, with leverage your purchasing power increases, as you are only required to deposit a percentage of the investment’s total margin to open positions. On the one hand, this lowers the overall cost of opening a position, but on the other hand, leverage comes with the inherent risk of maximizing potential losses. As a client-oriented broker, we put a lot of effort into building and training the best customer support agents with the goal of providing https://limefx.club/ the most seamless experience for our clients. We’re really happy you loved your experience all the way and cannot wait to service you again anytime soon. LimeFx customer portal provides an analytical report in the account summary section where the users get handpicked trading analytics reports based on their trading practice and preferences. LimeFx allows leverage trade of Forex and CFDs, this tool brings an advantage even on the smallest market moves.
Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. The range of products available to you will depend on which global entity under the LimeFx Group houses your trading account. The following table summarizes the different investment products available to LimeFx clients. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.
I think a VPS is great if you want to run automated systems 24/7 without your own computer switched on. A minimum deposit of $50 is required to get started with the broker. Lastly, the broker has trading instruments from a limited number of asset classes when compared to industry leaders such as IG.