Developing your trading skills with LimeFX, before live trading. On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, LimeFX leverage magnifies both profits and losses in trading.
Pleasant spreads to trade
I was trading with another broker previously, and after I pressed the buy or sell button, there was limefx company reviews a little time to wait for the trade to be executed. So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro.
What can you trade with LimeFX?
- Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees.
- You must also ensure the LimeFX broker’s profile, trading tools, fees and regulation aligns with your needs and goals.
- This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades.
- This is essentially free credit that can be used for trading purposes, and I was pleased on this occasion that there were no minimum trading requirements.
If you decide to close your LimeFX account, it’s important to do so with the LimeFX broker customer support and obtain confirmation that no remaining LimeFX fees are due. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget.
If you are unsatisfied with LimeFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated LimeFX alternatives. Follow the links below to learn more about these LimeFX broker alternatives and choose the one that best suits your trading needs. While we found the LimeFX phone support satisfactory, there is room for improvement in response time. While it may be a new skill set for some, it is what the market requires for success.
LimeFX provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads. Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against limefx courses scam the U.S. dollar. You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts. 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.
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Yet, as we notice ECN Promo account is currently unavailable for signing so mainly LimeFX Login to ECN XL is available. Yet, we saw within our LimeFX Review broker offering only FX and CFDs trading through only one trading platform available for the option. On top of that, the broker provides really poor educational resources which is a huge stumbling block for beginners specifically.
After a year of trading on this…
A good feature about this very platform is that it offers swap-free islamic accounts. But it took me too much time to find this information and I almos gave up. And it is available by request, not by default, which can take time too.
LimeFX lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. LimeFX offers traders the core MT4 trading platform without third-party upgrades. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible. Traders are guaranteed to close your trade at your specified price.