Under the drop-down menu in “Tools,” the educational content is split into 4 sections. Basics, fundamental analysis, Technical analysis and Psychology. The FCA and the CySEC are 2 tier-1 regulatory authorities that guarantee the highest standards of transparency, financial accountability and trust. Trading with LimeFX for past 2 years – mostly profitably.
Their continuing list of triumphs over the years only seems to exemplify their confident claims on their website. Like any other broker platform, LimeFX is a network of companies that answers to different regulatory bodies that allow them to operate worldwide. LimeFX is a hugely experienced broker and industry stalwart. The broker was founded in 2006 in the UK and now operates worldwide. Since launching, LimeFX has collected more than 70 industry awards and also has respected regulation in place from the FCA, CySEC, FSCA, and SCB. It goes against our guidelines to offer incentives for reviews.
When it comes to providing educational materials, this is an area the broker can improve on. For example, they do not have a special education centre for new traders. Also, the broker provides little information on forex trading.
Metatrader platforms are very light, and they run basically on every device. While these may not be brighter graphically talking, they are still very user friendly. In fact, it is a great broker for EAs thanks to its great account and spread flexibility. LimeFX even offers Spread Betting on the LimeFX Edge platform. The company operates in 173 countries and has more than 870,000 client accounts and €100 million of Tier 1 capital and LimeFX has developed reliable deposit and withdrawal schemes.
With so many features on offer, it can take time to get to know the broker. For this reason, LimeFX provides an excellent demo accountthat is free for you to try out before committing to live trading. Noticed that LimeFX offered a decent set of trading instruments, so I thought I’d give them a try. Really impressed with the conditions this forex broker provide so far. Simply put, being able to effectively use a broker’s trading platform to efficiently carry out your trades is of the utmost importance.
I’ve never faced any problem ever since I start to trade with LimeFX. Actually I can say without any doubt that it’s one of the most reliable forex brokers I’ve ever been working with. LimeFX offers trading on a several financial instruments, from currencies, futures and indexes, to metals and stock CFDs .
Furthermore, LimeFX’s regulatory compliance and fund segregation ensures the safety of their clients’ deposits, and the company prides itself on its transparency and superior trading services. With its wide selection of trading platforms, account types and negative balance protection, LimeFX ranks alongside some of the best online brokers in the business. Specializing in forex but also offering stocks and tight spreads on CFDs and spread betting across a wide range of markets.77.20% of retail accounts lose money with this provider. Edge is a new web trading platform introduced by LimeFX and it providers clients of the broker with a new way to trade – spread betting.
LimeFX was founded as EuroOrient Securities & Financial Services Ltd in 2006, in Cyprus. The company has opened several offices worldwide, including in Austria, France, Spain, and Russia. In 2010, the company was licensed by the UK’s Financial Conduct Authority and opened a London office. In the same year, the company received the “Forex Provider of the Year” Award at the Financial Times Investors Chronicle LimeFX Awards 2010.
This feature works well with very fast execution speeds. Thanks to their infrastructure, they claim they can offer execution speeds under 14ms. The lightning speed execution is thanks to the Equinix data centre co-location, drastically reducing the latency for the execution of your trades. LimeFX has considerably higher than industry average bid offer spreads. The EUR/USD bid offer spread is particularly high, 1.6 pips compared to an average of 0.9, approximately 78% higher.
The broker offers Contracts for Difference on 6 asset classes; currencies, equities, indices, futures, precious metals and soft commodities. In August 2017, LimeFX introduced Financial Spread Betting services for their UK clients. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns.
LimeFX is an NDD broker, meaning that it is the counterpart between the broker and the market. As a large volume trader you will have a VIP account with competitive spreads, low-commissions, and a free VPS. Several top platforms are provided by this broker who has won 70 awards over the years and offer both fixed and floating spreads. This is one of biggest broker companies in forex market. LimeFX has a lot of unique stuff for beginners and professional traders. Big numbers of technical tools help you to plan your trading tactics carefully.
On this type of account, LimeFX has the fastest order execution. Excellent and competitive spreads, the availability of multiple trading platforms, the regulations and awards, the free education… are but a few things in which fx pro excels. From my five years of trading with Fx, I have no complaints. In this review I want to clarify some traders the essence of having several trading platforms.
The present page is intended for teaching purposes only. It shall not be intended as operational advice for LimeFXs, nor as an limefx scam invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances.
The broker uses SSL certificates and seemingly unbreakable encryption software tools and firewall mechanisms. Rest assured, you can trade as much as desired without needing to be concerned about security risks when using LimeFX. This is the most important point that a broker must have, a regulated license. A broker regardless of the country where he offers trading must have a regulated license. In Europe each country has its own regulations, the same for Australia and the United States . Boost LimeFX does not have any regulated licenses while offering trading to Europe,USA or Australia.
The continued practice of self-discipline can correct these lousy business habits. Boost LimeFX is a scam that doesn’t have regulated licenses. We advise you to avoid this broker if you don’t want to have a problem. If you have been a victim of this broker, don’t hesitate to leave us a comment to report this broker and avoid other people from being victims. MyChargeBack has already helped many people and knows all the procedures to do with banks to build a solid file with you and recover your money. If you want to know more about the procedure, click here.
Altogether, this gives LimeFX one of the safest reputations in the industry. Constant market news is available along with a daily market news analysis. The Forex Economic Calendar will keep you abreast with market moving economic events and there are also articles, videos, warnings, updates and more. For instance, the website features a total of 31 languages.
I really enjoy their platform, it is very stable in work. Very convenient and intuitive UI with a wide variety of tools. Also, I want to note that their customer service always works smoothly and there are no problems with the withdrawal of profits. Having been founded back in 2006, LimeFX has managed to successfully develop and subsequently maintain its image and position as a respectable and reputable brokerage firm with numerous users worldwide.
The market is open 24 hours a day, when trading closes in New York it starts again in Tokyo and Hong Kong. Currencies are always traded in pairs, for example the US$ with https://limefx.name/ the UK£ or the US$ with the EURO. With constant price fluctuations this tumultuous market can make Institutions, companies and some individuals a great deal of money.
LimeFX offers a variety of products focused on different trader styles. From the short to the long-term analysis and from the fundamental to technical investors. As a VIP client, you get up to 30% discount on market spreads – Available on the direct Market execution accounts. Access to VPS with no restrictions – Virtual Private Server enables to run trading Expert advisors remotely, 24/5. With these several options to choose from, the variety of platforms are vast and one should fit most of your trading needs.
Funds can be deposited into a LimeFX Wallet using bank transfer, credit/debit card, PayPal, Skrill, Neteller and UnionPay. LimeFX has recently expanded its cryptocurrency training hours from weekdays only to 24/7 to allow retail traders unbridled access to the DeFi markets. Broker reviews of LimeFX are quick to highlight there are a number of useful educational resources available. This has been built to help educate users on forex trading. It comes with a vast video library, seminars and ebooks. You will also find a trading glossary, plus guidance on trading robots and global markets.
A glossary of CFD terms and training videos are an advantage, but the latter requires some work. LimeFX provides zero transfer fees for withdrawals and deposits. The exception to this is making a withdrawal from an account that has made no trades. Joint accounts are available through LimeFX if you wish for joint access to a live trading account. This type of account is only available for married couples or first-degree relatives, such as a parent, child or full sibling.
There are not anything out of the ordinary, so let’s go through them here. You can make deposits via bank transfers which are available worldwide, or by credit cards, such as with a Visa or MasterCard. There is Skrill and Neteller available worldwide as well.
Please if you want to trade with LimeFX, please go on and open an account they are good broker and regulated by CYSEC, Cyprus. Negative comments are from beginner traders who do not know how to trade forex. LimeFX is a broker licensed and regulated by the CySec, FCA, SCB and FSCA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest.
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