Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4. Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection.

Comparison with Other Brokers:

LimeFx is a well-established online trading platform that offers a compelling range of features and benefits to traders. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, LimeFx caters to the needs of both beginners and seasoned professionals. LimeFx’s leading trading platforms also provide trading on a number of asset classes, including forex, metals, commodities, stocks, and indices, as well as other asset classes.

LimeFx: Refining Trading Excellence

Traders can access some of the most liquidfutures markets like the S&P 500, Nasdaq 100, Dow Jones 30, and more. As the overall supply and demand of thesemetals are pretty predictable, traders can use specific strategies to takeadvantage of market movements. The swap fee is a percentage of the underlyingasset’s price and varies depending on the currency pair and other parameters.

Commodities

It is calculated as the difference between theinterbank interest rate and the broker’s rate multiplied by your position size. Moreover,they charge a swap fee for overnight positions, calculated as the differencebetween the interbank interest rate and the broker’s rate multiplied by thesize of your position. With KYC (Know Your Customer) and anti-money laundering (AML) procedures in place,LimeFx ensures its clients comply with the necessary regulations. Moreover,the client’s funds are kept in segregated accounts in top-tier banks, and theirpersonal information is guarded under SSL encryption.

Metals Trading

When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Compared to the broader industry, LimeFx offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies. My tests indicate that LimeFx’s limefx scammers trading fees exceed the industry average. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. My tests indicate that LimeFx’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading.

The MT4 platform comes fully loaded with all of the trading tools that you need to analyse the charts of your favourite symbols for potential trade opportunities. There are also thousands of free and paid add-ons that you can install to further enhance the already substantial capabilities of this leading platform. Whatever your idea for a trading strategy, you can bring it to life by creating customised trading templates for all of your charts. There are technical analysis tools and drawing objects to mark key price levels, identify trends and find price reversal points. Choose from 9 chart timeframes and multiple order types including instant execution, pending orders, limit orders and one-click trading.

Astraders have options for both fixed and floating spreads, they can choose themost suitable type of spread for their trading strategies. Fixed spreads inforex help traders protect their capital and ensure consistent profits. You can deposit funds into your LimeFx account using a good variety of convenient payment options including bank transfers, card and online payment processors. Keep in https://limefx.name/ mind that bank transfers can take 24 hours to process and up to 3 working days to clear. Payment and funding authorisation are 100% automatic, whilst the client portal allows deposits and withdrawals using a simple, easy-to-use single interface. LimeFx offer CFD trading which means that you can speculate on falling or rising prices without needing to physically own the underlying asset.

LimeFx is not responsible for any data or information provided by third parties referenced or hyperlinked in the above communication. This is an offshore trading company offering FX and CFD trading with an FSA license. Most trading companies that are even sponsors of some fantastic sports teams are regulated by those.

The broker’s low spreads make it one of the most competitive brokers in the market. For withdrawals and deposits, LimeFx does not charge any extra fees for using their payment gateways. However, clients might need to pay third-party charges depending on their payment method. Overall, LimeFx is a well-regulated broker providing a secure trading environment for traders. Forex traders can trust LimeFx’s platform for safe and secure trading.

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. You can check our Financial Services Register to make sure a firm is authorised and has permission for the service it’s offering you. LimeFx is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the LimeFx group includes Damadah Holding Limited, which is based in Cyprus. However, it’s essential to recognize that while LimeFx’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers. Traders with highly specific investment preferences might find more tailored options elsewhere.

Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Connect to your MT4 trading account from any global location with LimeFx’s WebTrader, eliminating the need for any downloads on your devices.

Traders can contact the customer support team through email at , and their team will reply within 24 hours. Traderscan use these instruments to create diversified portfolios and maximise theirprofits. The wide selection of instruments makes it easy for traders to findthe markets that best suit their trading strategies. TheMT4 platform offers one-click trading, which makes it easy for traders to openand close trades quickly.

Another surprisingly good thing about this broker is that it offers the MT4 platform. Because LimeFx offers a brand-new online trader app, consumers may trade easily from any device. After signing up with LimeFx, you can use the Client Portal to access the Web Trader App. You can enjoy a seamless trading experience on your mobile with the Web Trader app.

• LimeFx operates under the stringent regulation and authorization of the Seychelles Financial Services Authority (FSA), a testament to its adherence to prevailing laws and regulations.
• The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal.
• Once the account is active, starttrading with virtual funds or real money.
• As the broker is regulated, clients should complete their KYC that is in line with the Seychelles Financial Services Authority.

For instance, a forex trader with $250 in their account can take a position worth up to $250,000 through leveraging. LimeFx offers a wide range of payment methods for deposits and withdrawals, including credit/debit cards, bank wire transfers, and e-wallets. LimeFx is regulated and authorized by the Seychelles Financial Services Authority (FSA) which ensures that LimeFx complies with all applicable laws and regulations. Client funds are kept in segregated accounts in top-tier banks, and the broker also implements the latest encryption technology to protect clients’ personal and financial data. Trading with a regulated broker will limit the potential for fraud and malpractice.

Whether you are just embarking on your trading journey or are a seasoned professional, we are here to navigate you towards financial liberation within the expansive financial markets. LimeFx allows its clients to use a number of time-efficient and convenient deposit methods like Visa, Mastercard, and Maestro-branded debit and credit cards, Neteller, Skrill, and Paysafecard. Other payment methods traders can use to transfer money to their accounts are Sofort Banking, Rapid Transfer, bank transfers, Apple Pay, Perfect Money, open banking, and cryptocurrencies. LimeFx offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into LimeFx’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. LimeFx works with multiple payment services to provide its clients with maximum flexibility.