Whether you want to trade Forex, Stocks, Commodities or Indiceswe will help you find the best online broker for you from 400+ brokers for clients based in theUK, Europe, Asia, South Africa and Australia. Andrew has a well-established career in fintech and came up with comparebrokers.co https://limefx.group/ to maketrading on financial markets more transparent and accessible. Overall, strict financial regulation is essential for ensuring that trading platforms like LimeFx operate fairly, transparently, and responsibly, which ultimately benefits all LimeFx stakeholders involved.
We were able to obtain average spread data for over 30 brokers, and found the industry averages for these data points to be 1.04 (standard) and 0.87 (all-in). Traders can open an LimeFx account via the online application form, which follows well-established industry standards. It asks for name, e-mail, phone number, country of residence and knowledge and experience. The application also asks traders to select their account type, base currency, followed by the desired password for the back office.
As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk. As part of our LimeFx review, we review customer service options, response times and problem resolution effectiveness on the LimeFx trading platform. Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature.
- You can trade through the market-leading MT4 platform with a range of forex market research tools.
- LimeFx allows Forex trading, CFDs trading, and Social trading.
- Gain trust and grow your business with customer reviews.
- The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.
- LimeFx lists no expiry times, which is great, as all demo traders require unlimited access.
LimeFx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. The app can be downloaded from the respective app stores. Alternatively, the MT4 platform is available on mobile browsers. It is probably the best thing trading brokers can approach on their daily basis. It is very cool because due to that privat server orders can be executed very fast and they are relying on it.
First week there were small gains and losses then in 24hrs all gone, account empty. We’ve researched the MetaTrader offerings of 60+ forex brokers and found that 80% of brokers offer the more famous version of MetaTrader, MT4, while only 64% offer the newest version, MT5. We have in-depth guides on MetaTrader if you’d like to learn more; check out our guide to MT4, or read our in-depth guide to MT5. LimeFx delivers an average spread of 1.2 when trading the EUR/USD within a standard account. The all-in cost of trading the EUR/USD with an active account is N/A.
This platform has so many integrated…
Our team has compiled a series of detailed LimeFx comparison articles, pitting the LimeFx platform against some of the best-rated LimeFx competitors in the market. Dive into our informative LimeFx Vs pages below to find out how LimeFx stacks up against other leading brokers. While learning, you can also use global trading times to practice making live buy or sell trades using LimeFx. This hands-on experience can help you gain confidence and become more comfortable with trading. For this example, let’s assume a ten times leverage.
Investment Products
To further enhance security, we encourage traders to always look for the lock sign on their browser when using LimeFx web trading platforms. LimeFx partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their LimeFx clients’ funds. This broker sincerely cares for its traders, and that is why I am still with it.
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Investing has become a necessary aspect of everyday life. Everyone desires additional income in addition to their standard wage. So investing in variable assets for additional income is the best option.
Is LimeFx school a good place to start learning trading forex?
Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. Only yesterday I tried to close positions manually and still there was no slippage. In addition, the broker provides affiliates, professionals and investment portfolio managers with a Personal Multi Account Manager (PMAM). LimeFx also offers a virtual private server (VPN) that provides enhanced connection speed, continuous uptime and added security.
LimeFx have grade A support rating because LimeFx offer over three languages. You can trade a wide variety of instruments with LimeFxover 100 instruments in fact. LimeFx does not charge a fee for inactive accounts. This company’s TrustScore is currently unavailable due to a breach of Trustpilot’s Guidelines.
It’s not just about you bringing your funds to trade on its platform but it also wants you to be successful in trades making sure it’s a win-win situation. Some of the features are the readily available educational material, they also hold contests once in a while, which can be very encouraging, limefx reviews and other support services. In conclusion, the broker makes the most out of the platform and satisfies its traders. You are allocated a business manager to help you trade using the AI algorithm. In reality they deplete your account while telling you you are making profits.