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LimeFx account

They are highly informative and cover a wide range of topics – from the basics of technical analysis to the intricacies of trading psychology. They are in multiple languages, making them quite accessible to a larger number of traders. It is vitally important for a chart to be as clear and informative as possible and allow traders to manipulate price action freely by scaling it up and down. https://limefx.group/ Additionally, a good chart should be supplemented by a broad range of technical indicators, drawing tools, and other such instruments to accommodate technical analysis. In my experience, the charts screen is probably the most important component of every platform. It is the window through which traders can observe price action behavior and understand where the market might be headed next.

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LimeFx MetaTrader 4

LimeFx account

But it is less so for intraday trading strategies, such as scalping, where precise order filling is more important. Phone support is available only to active clients with their account managers. We performed our tests on a No Commission account using the MetaTrader 4 desktop platform and its mobile app. The method you used for depositing funds is also generally the same one used for withdrawals of profits and any remaining account balance. To access this feature, you must apply for a bank withdrawal from your client portal. Keep in mind that the bonus you received when you opened your account is removed when you make a withdrawal.

Industry-Leading Trading Platform MT4

Based on my findings, I concluded that trading CFD shares is most advantageous with LimeFx. LimeFx could be a good starting broker for new and intermediate retail traders, although more professional traders might look for a broker with additional research resources and assets. LimeFx primarily makes its money from dealing spreads, although you might have to pay additional fees depending on the asset and type of account you choose. LimeFx services over 1.2 million clients in 180 countries around the world, providing 300 tradable instruments from 6 asset classes. In addition to an online chat feature, LimeFx gives clients access to 24/5 client support in 45 different languages. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site.

LimeFx account

STP/ECN Accounts

LimeFx account

I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Provided by Trading Central, the Technical Views section affords a more detailed insight into current trading opportunities. The materials underpin key support and resistance levels and pivot points. I received a rather terse explanation that LimeFx averages speeds of under 50 milliseconds on most orders, without any further context. I had expected to learn more about the total number of trades that were tested over the previous year, the percentages of trades that resulted in positive and negative slippage, etc.

Open a live Trading Account in seconds

In general, LimeFx’s offering is slightly more competitive than the industry average. Traders can choose between commission-free, swap-free accounts and accounts with low floating spreads. As part of its commitment to continuously cater for every type of trader, LimeFx presents a wide suite of trading platforms to boost your trading experience. Benefit from over 200 tradable instruments from 6 asset classes available on one single platform.

Agent’s answers were prompt, for the most part, though at times, it was hard to understand her. Eventually, I was advised to refer to a different support department to receive additional clarification. I did as I was told and sent an email to the address that the agent provided. When we test a broker’s customer support team, we evaluate the agents’ knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. It is even more cumbersome than the platform’s desktop version, and carrying out sophisticated technical analyses on a small-screened device is virtually impossible.

  1. Our services include products that are traded on margin and carry a risk of losing all your initial deposit.
  2. Join more than 1.2 million clients by signing up and registering for an account with LimeFx.
  3. Keep in mind that the dealing spreads above refer to normal market conditions.
  4. But it is less so for intraday trading strategies, such as scalping, where precise order filling is more important.

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. While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need.

The pioneering LimeFx STP/ECN trading accounts allow traders direct access to deep liquidity and interbank pricing provided by top-tier liquidity providers. When deciding on which account type to choose, you should consider a number of factors, including the product(s) you wish to trade, the trading conditions, and execution type. You should also think about researching what the platform itself has to offer.

I also like the LimeFx fractional share dealing, which is excellent for smaller portfolios. LimeFx offers demo accounts that introduce traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. The other alternative is to use limefx scammers the Personal Multi Account Manager (PMAM) but it is available only to professional traders and money managers. The platform allows clients to manage unlimited accounts but as we have said, it is designed for professional traders only. With CFD on shares, traders can invest in some of the largest and most successful companies in the world without actually owning any company stock.

However it’s important to note that this review focuses specifically on LimeFx offered by Notesco Limited and registered in Bermuda. The books are pretty exhaustive and can help newbies gain a firm understanding of trading basics. WebTV represents ‘Market Insights’ and ‘Technical Views’ in video format. Each idea underscores a currently unfolding trading setup – a bullish or bearish pattern, such as the ‘Engulfing Line (Bullish)’ shown below.

The broker publishes its in-house materials regularly, and it also incorporates the popular TradingCentral service. Content is available in written and video formats, making it more accessible and easy to grasp. The trading ideas and market analyses are well-researched and with a clear focus. There is also a dedicated FAQ section on the website for more general queries, such as how to set up a trading account.

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