There are a range of trading platforms available, including online platforms which operate on desktop, or platforms which run on mobile apps. The difference between the bid and ask limefx courses scam prices is called “the spread.” The spread is the cost of trading a CFD. Traders look for small spreads, since a smaller spread usually means the specific asset is more liquid.
Scan to download the LimeFx mobile trading app on your device.
Once the account is active, starttrading with virtual funds or real money. The swap fee is a percentage of the underlyingasset’s price and varies depending on the currency pair and other parameters. In addition, like any other broker, LimeFxlevies swap fees if the positions remain open overnight. The zero and decimal point doesn’t work properly when adjusting how much to buy/sell and I’ve lost money due to this. Constantly crashes and then you have to re enter log in details and facial recognition doesn’t work. Every time I try to go back on the app a black screen covers the app and I have to close the app and force restart the app.
Futures Trading
Even though future markets are leveraged, traders should bear in mind that they will not only get greater exposure to the market but will also be more susceptible to its negative movements. Clients of LimeFx are offered instantaneous access to indicators and advanced charting and trade futures with CFDs either through MetaTrader4 or WebMetaTrader. It is only natural that traders want to have a well-regulated and trusted broker by their side, and because of this, it is a must to check the regulator which oversees its operations.
More data about LimeFx – Level up your trade
LimeFx allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash. While creating their demo accounts, traders are allowed to decide between a great number of deposit amounts that start from $500 and can run into $5,000,000 at the most. While setting up their demo account, traders will only be allowed to go for an account with a floating spread. Clients of LimeFxr can access their MT4 trading account straight from the browser of any device, be it handheld or desktop, without downloading any software before that.
Trading Platforms
The LimeFx platform also offers a detailedcharting package, helping traders to make better trading decisions. With a deepliquidity pool in futures trading, traders can take large positions withoutworrying about slippage. Moreover, for traders who find it challengingto place manual trades all time, the platform offers one-click trading thatsimplifies the whole process. The broker does not charge any extra fees for deposits, butclients might need to pay third-party charges depending on their paymentmethod. LimeFx’s swap fees are very competitivecompared to other brokers in the market, making it an ideal choice for traderswho want to reduce trading costs. The broker also offers various financialinstruments, including Forex, Metals, Futures, Commodities, Shares, andIndices.
Skrill, Neteller, bank transfer, credit/debit cards are some of the most often used deposit and withdrawal methods on the platform. The processing time varies depending on the payment method and is free for deposits and withdrawals. Commodity trading offers lots of trading opportunities due to their low or negative correlations. Foreign exchange, the world’s most common transaction category, is also offered by LimeFx. FX markets enable flexible trading because there are no restrictions on trading volume.
- His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
- The abundance of available online forex brokers makes selecting the best one more challenging.
- By the way, their support team is available in many different languages that can be helpful for those who are not good at English.
- Thus, if we suppose that traders add $100 to their accounts, this amount will be converted into 10,000 cents.
- It’s so cool and another way to make money as an experienced trader…
- With seamless movement between online, mobile, and desktop versions, finding what you’re searching for is simple.
I requested additional information about LimeFx’s execution model, average execution speed, and general trading conditions. An agent connected almost instantaneously to the chat, but they did not introduce themselves. They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. LimeFx has an attractive offering of high-yield/risk instruments, such as share CFDs and cryptocurrencies. This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action. However, there are no lower-risk securities like bonds and ETFs to be used for hedging one’s overall market exposure.
Traders can view the fundamental data and analyse the sharesusing technical indicators. With the help of these tools, traders can selecttheir desired stocks and create suitable trading strategies. CFDs on commodities enable traders to takepart in the commodities markets without actually owning the asset. The LimeFxplatform gives traders access to global commodity markets with leverage,allowing them to take advantage of price movements. The LimeFx platform offers a wide range of commodityCFDs to trade, including crude oil. These commodities can be traded with flexibleleverage and low spreads.
Whatever your trading experience, you can start exploring market opportunities with our MT4 or WebTrader and take your trading to the next level. Benefit from over 300 tradable instruments from 6 asset classes available on one single platform. MetaTrader 4 provides a range of tools and features to help you carry out analysis and customise your trading experience. You can also use these tools to help you build trading algorithms which can automate your trading. Trade over 300 financial instruments in Forex CFDs, metals, futures, shares, indices and commodities from your desktop with MetaTrader 4.
Many participants in the foreign exchange market might benefit from the likelihood of making gains by analysing the price movement of trading assets, currencies, and securities. For Forex traders who use scalping as a trading strategy, low spreads are crucial. In the long run, these lower your trading expenses, especially if you are a frequent trader.
The market is volatile and ever-changing, and staying on top of the latest developments is made easy with the mobile app version of MT4. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action. I performed my tests on a Standard LimeFx trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker.
The more you demonstrate that you value your clients, the more likely it is that they will return and refer others to you. In light of this, LimeFx provides excellent customer service to its clients and makes this one of its top priorities. Customers can contact customer service representatives by phone, email, etc. To https://limefx.club/ assist consumers quickly, there is also a FAQ section that includes simple answers to complex questions. To ensure that its clients will be able to make informed trading decisions and improve their trading skills, LimeFx’s recently launched Academy service gives them access to webinars, eBooks, podcasts, and videos.
With the help of sophisticated tradingtools, traders can make informed decisions while trading indices on the LimeFxplatform. Metal trading is an excellent option fortraders looking to diversify their portfolios and spread the risk. Traders canenjoy more liquidity and higher trading volumes while trading these metals onthe LimeFx platform. The entire trading system of LimeFx isdesigned to be secure and reliable for its clients. In addition, the broker’scustomer service team is readily available 24/5 so that traders can get theirqueries addressed quickly.
The customer service team is prepared to offer you an unmatched degree of assistance by answering all your questions. LimeFx is authorised and regulated by the Seychelles Financial Services Authority with licence number SD029. Traders who are looking for portfolio diversification should consider trading shares as thus, they will not only be able to invest in the shares of global companies but can also find new and upcoming brands. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. When it comes to the value and quality of service then I would say that this broker has been doing really well in impacting and training newbies and beginners, most brokers aren’t concerned about that.