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Alongside MetaTrader, LimeFX offers its proprietary platforms LimeFX WebTrader and LimeFXGO, with innovative features such as AvaProtect. In terms of charting, editing the charts is simple and features a well-designed interface. Additionally, there are more than 80 technical indicators that you can integrate into your charts, which for new investors is more than enough. LimeFX supports popular and common technical indicators including Bollinger Bands, Exponential Moving Average, and MACD.
However, the charting capability could be considered to be slightly lighter compared to rival proprietary platforms that are available, such as CMC Markets. LimeFXLimeFX charges a $10 inactivity fee per month limefx courses scam after 12 months. This is the difference between the Bid price and the Offer/Ask . When you have completed your profile and uploaded your documents, you will need to wait for LimeFX to approve your account.
Trade more than 20 different stock indices from all over the world. There are US, European, Asian, and African stock indices available. LimeFX has seven regulators, extensive experience, and remains one of the most transparent brokers. Customer support is on hand 24 hours a day from 21.00 on Sunday to 21.00 on Friday, either by telephone, fax, live chat or email. There is a range of different telephone numbers to choose from depending on your location.
- LimeFX stands at the forefront of regulated brokers, subjected to strict regulation around the world.
- When trading options, a premium is paid for the right to the options.
- Traders in the UK, Europe and UAE) who work in the finance industry, manage a financial portfolio or make regular trades of significant size can apply for a professional account.
- Potential traders need to be assured that the broker company they choose can offer the necessary support and help whenever they may need it.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
- LimeFX’s currency pair selection is OK, in the same ballpark as its closest competitors.
14 in-built trading strategies for options which make the execution trades possible with one click. Easy switching between demo account and live account for backtesting and practice before trading CFDs. The margin requirements or leverage available with LimeFX will vary depending on the type of trading account you are using and the subsidiary you are trading with. Our LimeFXparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.
Reliable broker
Another great thing about MT4 is that it is widely available across most brokerages. Therefore, if you do master the platform and decide to switch to another broker at a later date, your skills won’t go waste. On the other hand, if you perfect a broker’s proprietary platform and then leave, you will need to start from scratch with another platform.
A trader can deposit funds into his or her LimeFX trading account easily via several methods and can also withdraw profits with ease. Both withdrawals and deposits are handled as quickly as possible by means of safe and secure methods. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide LimeFX or any other advice, for further information please read our General Terms and Conditions. We recommend LimeFX for forex and cfd traders looking for an option to use metatrader platforms.
If you are eligible for the new trader bonus, you will receive bonus cash when you place a minimum first deposit of $200. For inviting your friends to LimeFX, you can receive between $75 and $400 worth of bonus cash when your friend places a deposit into their trading account. Binary option trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk.
It presents an excellent risk management tool, provides vital trading information, and allows traders to plan and maintain their portfolios. I like that LimeFX invested in a proprietary social trading platform, Ava Social. It shows that LimeFX monitors its trends and commits capital where necessary to deliver the services its client-base requests. Another nice touch is the options trading platform, AvaOptions, dedicated to vanilla options traders.
Non-trading fees
The vast majority of traders will have come across a MetaTrader platform, at least at some stage of their trading journey. Almost every broker you can name will have the MT4 platform available for its retail clients to trade on. Present in the market since 2002, MT4 is seen as the industry benchmark for traders. Many are also offering MT5 too, which is the upgrade to MT4. Guaranteed Stop-Loss Orders – Some brokers offer a facility of guaranteed stop-loss orders. This helps to protect traders from fast-moving and gapping markets.
This team introduced AvaProtect, which is an essential tool that reduces risks. This risk management feature guides users by protecting a specific trade against losses of up to $1 million over a specific time frame. This feature is offered in exchange for a small hedging cost that needs to be paid during the purchase. The tool is available on LimeFXGO and their online platforms LimeFX WebTrader. LimeFX offers an exceptional range of educational resources to help you develop your trading skills, regardless of what level of trader you may be.
- The many instruments offered for trade by LimeFX each can be traded with different leverage.
- LimeFX is an excellent broker, I trade stocks every day without commissions payment, and the withdrawal procedure takes couple of days, but it’s legit 100%.
- All of the accounts also offer access to a senior account analyst and the AVA Select account offers a dedicated senior account analyst.
- Even if you are not a trader yet, you could still use some of the trading platforms in order to conduct research or go through charting in order to understand the market movements and the influences on them.
- Simply choose the asset you want to trade and tap on your preferred order type such as AvaProtect, Take Profit and Stop Loss orders.
LimeFX’s clients enjoy an array of services, a variety of instruments and flexible trading terms and conditions, in an advanced and safe trading environment. LimeFX stands at the forefront of regulated brokers, subjected to strict regulation around the world. Its global spread has reached hundreds of thousands of clients in over 150 countries, and more than 400 employees in local offices worldwide. The product range is limited to forex, CFDs and cryptos, and there is a high fee charged for inactivity. Lastly, there are better alternatives if forex trading fees are your main concern. You can’t set alerts and notifications on MetaTrader 4 web trading platform.
Additionally, you can refer your questions to AvaGuide which is LimeFX’s Chatbot service. Similarly, you can use LimeFX’s FAQ and Help Centre page for relevant answers and information to the most commonly asked questions and trading issues. You can also contact LimeFX’s customer services via Twitter, as representatives manage and reply to social media posts regularly.
Standard account
The LimeFX management team is also highly experienced with each of the heads coming from strong industry background. In this broker review, we will highlight all the important factors you need to consider when deciding upon whether LimeFX is the right broker for you. Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market.
LimeFX has a number of features that lead us to look at them favourably. I have been using LimeFX for a year, and I must say that everything is great. I really like this wonderful trading platform and I can recommend it for all investors. Moreover, the demo account is a great opportunity for the beginners to learn more about the trading strategies. I knew that my friend was trading on the stock exchange, but I was always afraid to start because I don’t understand the financial market at all. LimeFX has great educational resources and very helpful demo account for beginners.
We could call this a beginners tool because is it pretty easy to use and it mostly contains standard options for the Forex market. Ava Fx, which is part of the Ava Group, makes one of the best online brokers available at the moment. They have been doing this as AvaFx since 2006, but they are known as well with the name LimeFX. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site.
This makes it a popular choice for both beginners and advanced traders. Those who are new to trading can gain exposure to the markets whilst learning at the same time. It helps to shorten the learning curve by following expert traders who can provide valuable insight. On the other hand, experienced traders can save time by getting a clear view limefx website of the market, without having to perform daily research. Via the powerful WebTrader platform, users can stay on top of the market without allocating too much time on technical or fundamental analysis. It is quick and easy to buy and sell assets, whilst you can get accurate data on what LimeFX’s traders are buying or selling in real time.
LimeFX Cost and Fees, Commissions and Spreads
With LimeFXGO, I find that trading is made as simple as possible. The app provides you with step-by-step guidance on opening trades, feedback on your activity and support any time you need it. You are able to manage multiple accounts from the app and switch between demo or real accounts, to get all the data you need on your trades while using your LimeFX account https://limefx.club/ credentials. This saves me having to switch between accounts and platforms which can be annoying. Each platform provides traders with an enjoyable trading experience, presenting a variety of financial instruments across multiple markets, range of analytical tools, indicators and charts. 71% of retail investor accounts lose money when trading CFD with this provider.
- 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 LimeFX account.
- Traders can practice on the platform to learn more about the financial markets.
- If you plan on using automated trading robots, then MetaTrader 4 has the largest selection of any platform.
- It is a unique platform made by LimeFX where inventors can trade 1000+ instruments in a single place.
- ‘’Forex Trading Strategies’’ is an e-book that will give you some insight on trading strategies and decision making.
Any trading action you may encounter in the future will need the professional help of brokers. Your best bet is choosing the best brokers and LimeFX is one of those. Another section of the site called Trading A-Z section will provide the user with any information regarding trading itself, strategies in trading, any technical terms and similar things. In order to secure client funds, they are kept in segregated accounts. An important thing to say about spread betting, is that it is a tax-free activity.
How to buy Bitcoin on LimeFX
Additionally, you can interact with traders on your follow list which makes this a great social trading platform. In this constantly evolving digital age, mobile applications are becoming more popular. AvaSocial is LimeFX’s proprietary automated mobile trading app.
Forex brokers tend to lure new traders with offers of attractive deposit bonuses. Such a bonus is but a way to compensate traders for choosing a certain broker since once the account is opened, the trader will have the same expenses as any other. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position, and the leverage applied to your trading account.
Please read LimeFX Reviews below and share live trading experiences with this broker. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. LimeFX does not incur any charges for deposits or withdrawals. However, the payment service provider may have some transaction charges.
In terms of non-trading fees, there are no deposit or withdrawal fees, as well as no account fees. However, LimeFX brokerage accounts are subject to an inactivity fee of $50 after three months of non-use. This is then followed by an annual administration fee of $100 after one year of inactivity which is deducted from the trading account. Start trading with leverage products in more than 1,250 different markets. It is easy to open short positions in stocks viaCFDs with LimeFX. On this app, there are a lot of experienced traders who share their ideas and trades.