Start Your Online Trading With Our Financial Tools & Widgets

His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. Prior to entering a trade, it is vital that you set realistic trading goals and requirements and determine the amount of your capital that you can afford to lose. I want to caution beginner traders when using demo trading as a simulation tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account.

Trade Shares

Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers. There’s no bond CFD coverage but spot, metals, and index products cover the most popular instruments worldwide. And Ireland clients can also place spread bets, although the costs are not fully disclosed. LimeFx Online Forex Broker is an online limefx scammers CFD broker operating globally as a trade name of LimeFx Group of Companies, with headquarters in Limassol, Cyprus. The multi-asset broker provides trading instruments and services to retail and institutional clients in 180 countries. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform.

Trade the world’s largest markets with the deepest liquidity pool offered by LimeFx

The spreads can widen considerably in fast or highly volatile markets. The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFx. The level of risk you choose should be determined by your risk appetite and trading style. On any particular trading day, it can range from 1% to 5% of your overall portfolio.

Special Features

  1. Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system.
  2. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money.
  3. Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet.
  4. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips.

This platform has most of the features of the MT4 desktop software, and it works on both Android and iOS mobile devices and tablets. The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021. This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition. Keep a record of information like targets, when you entered or exited a trade, the time and details about your actions. Additionally, explain any reasons behind your trading decisions and the lessons you learned as well.

Choose your Deposit Booster

The free LimeFx Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone. Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions. They also offer the free LimeFx Research app, which has no trading functions.

With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader. The MT4 Webtrader is a 100% web-based platform, which offers the same features and functionality as the downloadable version. Being a modern HTML5 application, it runs without requiring any additional browser plug-ins or add-ons. LimeFx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. This website is not directed at UK residents and falls outside the European and MiFID II regulatory framework, as well as the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook. LimeFx does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea.

Notesco Limited is registered in Bermuda with registration number and registered address of Nineteen, Second Floor #19 Queen Street, Hamilton HM 11, Bermuda. The group also includes CIFOI Limited with registered office at 28 Irish Town, GX11 1AA, Gibraltar. ECB and BoE announcements should be closely watched as they could influence the exchange rates of the euro and the pound.

Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report LimeFx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. Our services include products that are traded https://limefx.club/ on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products. You should ensure that you understand the risks involved and seek independent financial advice, if necessary.

The well-structured trading environment and dedicated customer support team, make it a great broker to register with. The Foreign Exchange Market, also known as Forex or Currency Market, is a global marketplace where currencies are traded. People participating in forex trading can either buy, sell, exchange or speculate on currency pairs such as EUR/USD and GBP/USD and eventually towards what you believe could potentially be more profitable. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system.

EUR/GBP, the pair made of euro and pounds sterling, usually appears to be among the most unpredictable pairs. This is because two currencies had a historical relationship given the UK’s proximity to Europe from which trade ties with these two economies were strong. The Monetary Authority of Singapore (MAS) has a central role in determining the relative value of the Singapore dollar against the USD by using monetary policy measures including interest rate differential. The Hong Kong dollar has the US dollar as its reference currency in a special method known as the “linked exchanged rate”. The Hong Kong dollar within a band of HK$7.75 to HK$7.85 to US$1 is allowed to fluctuate, and traders can benefit and make profit along the way.

Additionally, the market is open five and a half days a week, 24 hours a day. Because there are several time zones throughout the world, it is crucial to note that if a market closes in one nation at the end of each day, it opens in another. Due to the constant availability of buyers and sellers, it is the most frequently traded market worldwide. Sydney, Singapore, Hong Kong, London, New York, Frankfurt, Tokyo, and New Zealand are the major financial centres where online forex trading takes place.

LimeFx is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the LimeFx.com group has good reviews from other users online. LimeFx uses standard security features to keep clients’ personal information secure, including website encryption. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders.

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

Foreign exchange trading, or simply forex, is the world’s largest financial market with over $5 trillion in daily trading. Investors include banks, large institutions and individual traders from all around the globe.LimeFx offers you the ability to trade forex through our bespoke and multi-award winning forex trading platforms. LimeFx gives clients access to trading contracts for difference (CFDs) on a wide range of asset classes including forex, commodities, spot metals, spot indices, futures and shares.

Trading according to the market analysis has really helped me increase my profit, for sure LimeFx is really the main deal!! If you have traded with LimeFx we would really like to know about your experience – please submit your own review. Compare LimeFx with the top 3 similar brokers that accept traders from your location. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. With that said, the brokerage does have plans to introduce MT5 in the future.

You can trade through the market-leading MT4 platform with a range of forex market research tools. That said, commission charges in the zero-spread accounts are high, starting from $13.50 per lot. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages. In fact, the forex market is considered the largest and most liquid in the world with $6.6 trillion traded daily. Forex trading takes place over the counter (OTC) between participants rather than at a single central location, making it a decentralised market.

From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). Accepted base currencies include USD, EUR, GBP, AUD, JPY, BTC, PLN, and CZK.

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