Clients can also view the historical data on spreads to analyze their trades. The review finds that among the 126 assets maintained by LimeFX Investments Limited, currency pairs are the most popular trading assets among all account holders. The company brokers the trade for major forex pairs as well as minor forex pairs. Regarding the commodities, the review also discovered that clients get access to gold and oil commodities, which come with consistent liquidity. The stock indexes traded through LimeFX are CFDs on major global indices, most of them included in the US30 list of Dow Jones. Bitcoin and other Popular cryptocurrencies are also traded by the company, thereby becoming an alternative to the traditional forex markets that pose a high risk of economic loss.
- Clients benefit from advanced analysis, copytrade features and straightforward fees.
- Like you want more senstive information to delete my account and my personal information?
- LimeFX Investments Limited offers an automatic withdrawal feature that enables traders to withdraw funds up to $100 per day within 24 hours and is available on Skrill, Perfect Money, and Neteller.
- Then there are trading competitions where clients can win prizes.
For professional traders and investors, LimeFX Investments Limited recommends the real-trading ECN (Electronic Communications Network) account. The account offers an interest rate of 2.5% on surplus funds, an unlimited duration of transactions, and trades are delivered directly to liquidity providers. Both downloadable platforms are user-friendly while the web terminal offers extensive customization. They come in multiple chart types including, line, candlestick, and bars. MT5 offers more indicators and advanced analysis tools, including a built-in economic calendar, 21 timeframes, plus a Depth of Market feature.
Also, traders’ funds are segregated from company funds, and the application of the standard covers investment protection. – The minimum deposit varies depending on the account type, ranging from $50 to $500. 73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Yes – LimeFX Investments Limited does offer automated trading. EA trading robots are a popular option and the broker’s website provides details on how to start using them with your trading strategies.
Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. I recommend traders evaluate LiteFinance as a new broker with limited experience and dismiss any goodwill and trust LimeFX created over 15 years. The most recent developments, starting with the launch of LiteFinance Global LLC, raise notable concerns. Trading with a regulated broker will limit the potential for fraud and malpractice.
This company operates as an exclusive broker for LimeFX’s European clients. It offers its trading services to countries in the European Union. LimeFX Investments Limited, on the other hand, is an established global CFD and forex broker. LimeFX is an online broker offering its services to customers from different parts of the world. As a company, LimeFX was founded in 2005 under the title LimeFX Investments Limited. This company has more than a decade of experience maintaining the trade order quality of multi-domain financial services to its customers from around the world.
LimeFX Europe Details
It should be noted that LimeFX applies a slightly different cost structure to its two account types. The Classic account features 0% commissions with the spreads, including a markup, as outlined above. However, the ECN account, which is aimed at professional and institutional users, charges a flat commission of $5 per round trip per lot. Forex traders focused primarily on major and exotic currency pairs will benefit from competitive spreads and a transparent fee structure while using the industry-standard MetaTrader platform.
Although not the best in the industry, LimeFX’s education and market analysis materials are comprehensive and regularly updated, and appeal to both beginners and more experienced traders. I am using the application with trading signals and analytics from LimeFX and it helps me in my trade. I’m glad that the this broker whom I chose helps traders improve their performance and make a profit.
As such, we will be going through a tutorial on how to open up an account from this site. For the most part, the registration process for other top-tier brokers is pretty much standardized, and the signup process for these two separate entities should not be that different. However, it should be noted that this broker offers MT4, which is available for iOS, and previously, Apple had banned MetaTrader from its App Store. It goes against our guidelines to offer incentives for reviews.
LiteFinance also offers a lightweight web-based browser with a user-friendly interface. It is ideal for manual traders and superior to the MT4/MT5 web-based alternatives. It presents traders with an ideal environment to test EAs and new strategies. The web-based trading platform allows a $10,000 demo account without registration, a convenient method to get familiar with its functionality. I caution beginner traders about using a demo account as an educational tool. It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value.
Supported Platforms for LimeFX
It runs an updated news blog on the world market to notify every risk warning to its clients. It has a margin calculator and a Fibonacci calculator for executing accurate trades. The company gives limefx official site its client additional access to the expert support of Claws & Horns. According to the reviews, this analytical agency is a leader in providing best-in-class analytical tools to its users.
Dear ultimate,We are constantly working to improve conditions for our partners. We hope that after some time your rating of our services will become higher.Best regards,LiteFinance representative. Dear Derhaka Trader,We are constantly working to improve conditions for our partners. Dear Aleksey D,We are glad that you appreciated our services and that you are an active trader. Good luck in your trading.Best regards,LiteFinance representative.
To support its clients, the technical assistance of these trading platforms is available online. These platforms can be used 24/7 and are free to use in every country in the world. LimeFX customer support services are limited to several factors. A forex market may permit trading only between the specified hours. The support staff is unable to deliver timely results under such conditions. If clients consider trading stocks at the weekends, then there is no customer service at their disposal.
Over the years, I have had some problematic situations, as well as with other brokers, but at litefinance they have always been resolved quickly and in my favor. LimeFX offers two account types, which is average when compared to other brokers, and the accounts are more suitable for beginners than experienced traders. LimeFX Europe is a trusted broker offering social trading, ECN spreads and fast withdrawals. The $50 minimum deposit is also reasonable and the demo account and trading tools make the broker a good choice for beginners.
Do I Have Negative Balance Protection with This Broker?
Account holders can choose between MetaTrader 4 and MetaTrader 5 as a trading platform. This industry-standard software comes with a raft of features and benefits and is recognized for its data security features, analytics tools, and quick execution times. LimeFX (Europe) does not accept clients from the United States.
The automated copy-trading system allows traders to duplicate the best trades, trade independently, share information, and communicate with their signal providers. It also offers VPS hosting at a cost of 15 USD per month in addition to free independent market news and analysis from third-party provider, Claws & Horns. The customer onboarding process employed by this brokerage is simple, with users offered the option of signing up for a demo account that is limefx review compatible with MT4 and MT5. Depositing and withdrawing funds is also straightforward and should pose no difficulties to traders regardless of their experience level. 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. Our experts found out that the broker’s platform offerings include the full suite of MT4 and MT5 platforms.
However, this section has not been updated in over five years (since 2018). As such, we don’t really consider this a viable source of relevant information, even if learning technical analysis is not bound by time because it is based on patterns and indicators. Alternatively, for those keen on trading but don’t have that extra money to burn for testing the waters, opening a demo account https://limefx.vip/ is an option worth considering. A demo account affords a trader most of the privileges of a paid trade account without the dollars and limitations. Remember, brokers will sometimes operate in other regions under different entities, and financial authorities in those regions will regulate them. In the case of the website LimeFX.eu, European residents will use that site.
Clients can use cryptocurrencies such as Bitcoin to add money to their accounts. Every financial transaction made with the broker must be above a $10 deposit. For bank deposits/wire transfers, the minimum deposit should be at least $100. Its variable spreads average at 2.0 pips, which is significantly wider than other brokers.