Besides all the benefits provided by this broker, we noticed that the range of instruments offered might be not enough for some traders, also the availability of certain assets depends on the entity. LimeFx is an online trading provider of Forex and CFDs trading of Stocks, Commodities, Indices, Cryptocurrencies, and spread betting (available for UK and Ireland residents only). The company headquarters are in London, UK where they’re regulated by both The Financial Conduct Authority (FCA) as well as many other strict regulatory authorities around the world including Australia (ASIC) and South Africa (FSCA). All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 0.6394, which is an overlap resistance. High Risk Investment Warning
Trading Forex/CFDs on margin carries https://limefx.name/ a high level of risk… With LimeFx, you pay only the floating spread to trade indices and commodities, while enhanced index CFDs allow you to trade without stop and limit restrictions or re-quotes.
See below the average spread costs on CFDs, and other fees like funding fees, yet for the most accurate data check the official website or LimeFx platform. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1946, which is a swing high resistance. High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of… So desktop platforms are available for all offers as well, while Trading Station is often the preferred choice among active traders, however, is the product with no matter of experience as it has a clear market vision and friendly interface.
- Finally, some of LimeFx’s educational content is only available if your balance exceeds certain minimum thresholds.
- In simple words, leverage is a credit shoulder that is given by the broker to your trading account with the purpose to multiply the trading size of your positions.
- Additionally, through the various affiliated offices, the broker provides access to the residents in Greece, Israel, and South Africa, thus becoming a truly global broker.
- It is considered low risk since these regulators offer compensation schemes and secure transactions.
- LimeFx is an online trading provider of Forex and CFDs trading of Stocks, Commodities, Indices, Cryptocurrencies, and spread betting (available for UK and Ireland residents only).
72% of retail investor accounts lose money when 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. Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.2261, which is a pullback resistance, that aligns with the 61.8% Fibo retracement. Our take profit will be at 1.2139, The stop loss will be placed at 1.2336, a swing-high resistance level. High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level…
Mobile trading apps
Free research, insights, and strategies outlook, along with greatly designed LimeFx tools with LimeFx Plus, Market Scanner, and Trading signals with technical levels all at your disposal. Besides, Free Online Live Classroom is available for all those who are interested, which all in all enlarges and creates fantastic opportunities for individuals interested in trading and gives a good way to start from the right way. We found that LimeFx fees are quite a pleasant proposal with the lower annd average spread around 1.3 pips for EUR USD for some instruments compared to the competition, however, always note Spreads are variable and are subject to delay. LimeFx allows leverage trade of Forex and CFDs, this tool brings an advantage even on the smallest market moves.
There is a single account at LimeFx you are able to trade a range of trading instruments that are included in the offering. You can open a live forex trading account quickly and relatively easily, where firstly you can sign in for a Demo account and then upon confirmation of your residence and compliance with the application start Live trading. Based on our Expert finds, LimeFx provides great trading conditions for Forex and CFDs. They offer a global platform that is suitable to trade internationally, including European clients as well as beginning traders looking for technical solutions. Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score. Since 1999, LimeFx has been a pioneer in developing online forex offerings for retail traders.
And to include an additional application for news, trends, and range traders, apps for new trading features and smooth trading process, EAs and automation, indicators, scripts, Standalone apps, and many more. LimeFx is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. With its wide range of available platforms and deep offering of trading tools, LimeFx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, LimeFx has plenty of options.
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Based on our research, we found that LimeFx supports the functionality of Autotrading through market-leading ZuluTrade and NinjaTrader platforms delivering best practices for social trading helping beginners to hone their skills. The range of products available to you will depend on the entity of your trading account. The advanced range of market instruments offered by LimeFx includes popular markets and other exotic pairs, as well as offering Forex, Indices, Commodities, Cryptocurrencies, and Spread Betting that is available for UK and Ireland residents.
While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content.
What is the minimum deposit for LimeFx account?
LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. There are a few options of trading software to choose from including Trading Station and Ninja Trader, LimeFx’s award-winning proprietary platform, which features great innovation and functionality limefx scammers available on the Web, Desktop, and Mobile. However, this is defined according to the LimeFx’s entity, likewise, UK and EU clients would need GBP300 at the start. Leucadia National Corporation is a holding company that withholds an excellent reputation and invests in a diverse array of businesses, mainly in financial services and investments.
LimeFx’s pricing for forex trading is slightly higher than the industry average. Actually, LimeFx gained positive and high regard from the clients in terms of its good trading conditions and support, which is definitely a plus to our LimeFx Review. You still can use the famous MetaTrader 4, yet with LimeFx’s integrated and developed features that include EAs, scalping, and 0.01 lot sizes with Free VPS enhancement, but within the average trade of 500k. For the globally presented offices, each of them as a branch of Forex Capital Markets Limited follows the country’s financial authority and is licensed accordingly. Limited is regulated by the ASIC, LimeFx Germany is partially regulated by BaFin, and LimeFx Italy is subject to the control of CONSOB and FSCA (Check out the FSCA Regulated Infinox Capital Review) authorization in South Africa.