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limefx Forex Trading Platform Review 2021 Key Things You Must Know

limefx offer both web based and mobile trading platforms. The web platform features trade-thru charting, one-click dealing, fast execution, automated alerts and multiple watchlists amongst others. Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors.

Why do most forex traders fail?

Overtrading. Overtrading – either trading too big or too often – is the most common reason why Forex traders fail. Overtrading might be caused by unrealistically high profit goals, market addiction, or insufficient capitalisation.

Open Account78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. limefx has great trading platforms, including ETX MT4 and TraderPro, with some competitive spreads. Therefore, this broker is perfect for beginners and experienced traders. limefx has been operating for a long time, so the FCA and FSCA regulate it. Here lies an advantage of stock trading over spread betting.

PROS

Zoe has a BA in English literature and a Diploma for Financial Advisers. She has several years of experience in writing about all things personal finance. Zoe has a particular love for spreadsheets, having also worked as a management accountant. In her spare time, you’ll find Zoe skating at her local ice rink. We show offers we can track – that’s not every product on the market…yet. Unless we’ve said otherwise, products are in no particular order.

About 55,000 customers from all over the globe use the broker. Despite what others might state, trading on this platform is a pain is the Ass. If these people wanted to be fair, then the price would be set to zero every time the deal ticket appears thus preventing you making a unintentional trade.

Forex Resources

ETX’s experts and webinar hosts provide detailed information on market analysis and trading opportunities, risk management, trading psychology, and more. The education section of the broker is one of its strengths. Traders love it as it offers helpful, well-structured information. In addition to a fully-fledged Trading Academy, the broker offers platform guides, eBooks, several asset-specific trading guides, and webinars. The award-winning platform offers multiple charting tools and the possibility to split them.

Two charting applications are offered, a Light Plus chart and an Advanced chart. High net individuals also get access to a personalised research service where ETX collates research reports from different organisations and brokers on a particular stock. Good range of markets, if not exhaustive; stocks are quoted to 2 decimal places. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Looking for a trading platform and partner that you can trust?

Can you buy shares at limefx?

Access over 5,000 CFD markets across Forex, Indices, Shares and Commodities with a premium, advanced trading platform. Stop losses on the limefx Trader Pro’s platform are executed based on the underlying traded market price with ETX’s spread added to this. limefx’s online platforms have made Forex and CFD trading clear, accessible, and quick, so that anyone can have the tools to trade. Zoe is a writer for Finder specialising in limefx and banking.

  • The limefx website features a live chat section, where traders can request assistance instantly.
  • Your demo account will come loaded with a paper trading balance that you can use as you wish.
  • Options – options offer a useful addition to normal spread betting and CFDs.
  • For instance, gold and silver usually trade for an average spread of 0.2 pips.
  • Its CySEC license means that the operation is MiFID II-compliant, and, thus, free to offer trading services in scores of countries.
  • Some users have complained about the alleged unresponsiveness of the limefx support staff.

Unlike its competitors, limefx is upfront about its trading conditions and execution mechanisms. limefx is a boutique broker, meaning that its primary focus is on offering limefx forex broker a tailor-made, highly personalized service to its clients. This way, the broker can deliver expert support to beginners, high-volume traders, and expert analysts alike.

Popular Brokers

limefx doesn’t recognise clients from the United States, Belgium, Canada, Singapore, or any other country where its facilities will violate relevant laws and legislation. Due to regulatory requirements, certain limefx features and products listed in this limefx analysis may not apply to traders from some nations. If you’ve lost money trading CFDs, cryptocurrencies, or forex with limefx, we can help you get your money back. Trader Protection has years of experience helping traders get their money back. Schedule a free consultation session with our team today. limefx is now OvalX, a powerful, advanced trading platform with a fresh new feel.

limefx forex broker

Most people who have had to deal with limefx and its support staff have appreciated the experience. This explains why the overwhelming majority of user feedback available online is positive. Besides being a trusted and regulated trading destination, limefx offers a handful of unique perks to its clients. There is also a £15 charge per month for ‘dormant’ accounts.

You can also select from 8 layouts, such as Heikin Ashi or Classic Candlestick. In terms of fees, limefx is a commission-free https://limefx.name/ broker. This means that all trading fees – other than overnight financing, are built into the spread.

Which is the best trading platform?

  • Best Overall: Fidelity limefxs.
  • Best Broker for ETFs: Fidelity limefxs.
  • Best Broker for Low Costs: Fidelity limefxs.
  • Best Broker for Beginners: TD Ameritrade.
  • Best Broker for Mobile: TD Ameritrade.
  • Best Broker for Options: limefx.

It’s a very suitable approach and I also do it with other brokers. I think that the good thing about it is that it motivate to trade more actively and achieve better results. limefx is a reputable, trusted destination for the online trading of CFDs and spread betting. Although some users have complained about the brokerage, its reputation is stellar. The transparency of the broker’s spread-betting offer has attracted many UK-based traders.

limefx is proud to offer high leverage CFD trading on stocks, forex, and commodities. Between 74-89% of retail investor accounts lose money when trading CFDs. 73.85% of retail investor accounts lose money when trading CFDs with this provider. 79.9% of retail investor accounts lose money when trading CFDs with this provider. 71% of retail investor accounts lose money when trading CFDs with this provider.

  • Check out IQ Option’s growing market access, competitive pricing and advanced software to see if they’re right for you.
  • If you are an online investor, you need to know whether you are dealing with an honest broker before committing your finances.
  • ETX trading using the MetaTrader 4 platform enables traders to use techniques such as hedging.
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