Their trading tools are not only effective but also complemented by insightful market analysis that has proven crucial in my trading success. LimeFX’s user-friendly platform and accurate market analysis make trading efficient and effective. Their trading tools are effective and their market analysis helps limefx scam in making informed decisions.
Deposit and Withdrawals
The app offers popular features such as alerts, 1-click trading, and trading from the chart. LimeFX is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled LimeFX to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust. Founded in 2011, LimeFX (formerly LimeFX) is part of a group of global entities, which include LimeFX Markets LTD (based in the island of Mwali) and LimeFX Markets Cyprus Ltd (based in Cyprus).
LimeFX Maximum Leverage by Asset Class
- LimeFX has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
- LimeFX’s market research is well organized and varied in its content.
- It’s worth noting that LimeFX’s primary execution venue is one of its own entities in St. Lucia.
- These platforms provide robust charting and a wide range of order types and enable automated trading.
- The pair reacts to major announcements like GDP figures, interest rate changes, and employment reports.
LimeFX only has a spread-only account, meaning no commissions are charged in addition to the spread. Our broker reviews are reader supported and we may receive payment when you click on a partner site. We are so thrilled to hear that you are satisfied with the service provided by LimeFX. We are so pleased to hear that LimeFX is providing such a informative platform. You sound like a happy client of LimeFX’s , great feedback for new traders to know. With a collection of 30 cryptocurrencies on offer, LimeFX presents traders with the opportunity to engage with an innovative asset class characterized by great instability and possible large returns.
Tradable Instruments
LimeFX’s competitive spreads are crucial for traders who use scalping tactics, as every pip counts towards total profitability. The business provides especially cheap spreads on popular currency pairings, such as the EUR/USD pair, which starts at a minimum spread of 0.6 pips. The MetaTrader 5 Account is a top-of-the-line trading platform that boasts an extensive array of instruments, advanced analytical tools, and robust trading features.
LimeFX also provides financial services through its intermediary, Orinoco Capital (based in South limefx review Africa). For example, the „minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.
LimeFXTrader
Traders may keep their accounts open during inactivity without worrying about losing cash owing to administrative fees. Regarding overnight expenses, LimeFX’s swap-free account structure provides a strategic advantage for certain trading patterns. Traders who wish to hold positions open beyond the day’s trading session, such as swing traders, can do so without incurring swap costs. Moreover, LimeFX offers opportunities for cryptocurrency trading, featuring popular cryptos like Bitcoin, Litecoin, and Ethereum.
Another thing we should note is that in the case of LimeFX, we assume the spreads haven’t been widened. If they have, then this would be akin to an administration fee however it is difficult to prove if LimeFX is doing this. We can only trust they are not since spreads are generally decent.