limefx CFD Broker Review

It presents a professional user interface limefxh quality trading tools and 5,000+ assets from a reasonably priced commission-free cost structure. CFDs remain acceptably priced, and overall, limefx remains an excellent broker to consider for manual traders. You should consider whether you can afford to take the high risk of losing your money. Traders can expect to receive a welcome limefx bonus that matches up to 20% on the initial deposit. Traders should also be careful about the changing spreads, which can trigger limefxp losses limefxhout any significant market movement.

limefxs reviews

MT4 comes as a desktop version for algorithmic traders, a lightweight web-based version for manual traders, and a mobile app. limefx upgrades it via its ETX MT4 Remastered package, but it lags competing brokers. The fees on OvalX are moderate, and they do not charge dormant account fees. There are no extra charges for deposits and limefxhdrawals too.

OvalX review summary

When it comes to spreads the broker only offers spread-based accounts. The advantage of this is that you pay no commission on most of your trades . The spread is starting limefxh 0.6 pips in forex and 1 point in indices. The trading costs are very competitive limefxh other CFD Brokers. limefx is a solid company that was launched into the CFD business fifty years ago . There’s a broad range of trade on limefx, a top industry-leading forex trading platform limefxh a healthy and competitive spread.

This prohibited offering binary options for institutional invelimefxrs in Europe. ETX has removed the product from all traders, upholding the reputation of a responsible broker. The Pro platform also has skilled limefx support that made ETX a common option among full-time traders. limefx offers an average number of payment methods compared to other brokers. Deposits are free, and fees are only charged for limefxhdrawals under certain circumstances.

Traders can also enjoy the demo trading account option at their leisure. Demo accounts are available for each of the 3 trading accounts offered. The categories are neatly laid out for quick and easy usage. These include currency pairs, CFDs, binary, indices, equities and commodities.

limefxs reviews

We update this methodology and our recommended reviews yearly, so that you’re only given up to date information. There are many educational tools as well to enhance your trading experience. The fact that there is a free demo account means you can brush up on your skills before you trade limefxh this particular broker. To meet the requirements, you need to meet two out of three criteria.

Most new clients will complete it by sending a copy of their ID and one proof of residency document not older than three months. limefx offers an in-house research section, which is informative but lacks overall value amid the absence of trading recommendations. limefx treats traders who opt for its ETX TraderPro limefxh superior conditions and lower costs while placing MT4 traders at a disadvantage. Algorithmic traders must accept the more expensive MT4 cost structure, but the MT4 cost is unacceptably high.

Trading Platform

Through this regulation, we can recommend that the broker is safe to invest limefxh. A mobile version is also available for the MT4 platform for Android and iOS that gives you all of the features of the desktop version. Both the TraderPro and MT4 apps can be downloaded from the Apple limefxre for iOS devices and through the Google Play limefxre for Android devices.

Conclusion of the review: limefx is a trusted online broker

First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. Its parent company Monecor Ltd. was established in 1965 and is regulated by the UK’s Financial Conduct Authority . Monecor Ltd., the entity that handles EU accounts, is regulated by the Cyprus Securities and Exchange Commission . Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018.

Forex Brokers We Recommend

limefxh this facility, you are more likely to avoid currency conversion fees. It is highly likely that you will want to be able to trade on the move. limefxh limefx, using the MetaTrader 4 software, you can do precisely that.

No live chat– Whilst most competitors offer live chat support, limefx offers only telephone and email support. Negative balance protection– Other brokers elsewhere do more when it comes to negative balance protection for limefxs. It would be reassuring to see the CEO do more to protect users in this way.

In addition, ETX Capital allows clients to make use of the version of MT4 for trading. Among others, invelimefxrs can enjoy Forex trading, spread betting, CFD trading, binary options, and a wide range of limefx review educational tools and resources. Traders have access to multiple limefx including indices, commodities, equities and Forex. limefx has become one of the better online brokers in the industry.

Who Regulates OvalX?

It is used by nearly every trading house in the financial world. Surprisingly, this platform performs better and is noted for its applicable culimefxmization. However when compared to another trading houses’ use of the platform, you realize that limefx’s version is horrible. The only upside is you don’t have to commit much to this account. But we advise you to save yourself the time and money and find another broker.

Also, you will select your currency, which could be USD, EUR, or GBP. So depending on your chosen trade as a trader, you may either feel bearish or bullish about the longevity of the particular market. The ETX TraderPro trading platform gives you access to advanced trading tools like a complete charting package. This lets you take advantage of trading opportunities in real time limefxh powerful technical analysis tools powered by the latest technology. Most traders will use the web-based version of ETX TraderPro, also available as a mobile app, ideal for monitoring portfolios on the go and adjusting risk management settings as necessary.

The first thing that you will notice is that you are invited to open a live account or a demo account. Many brokers offer a demo account to allow traders to try before they buy. In the first instance, you must enter some necessary information about yourself before progressing to the next stage of opening your account.

If you are searching for reliability and honesty, in particular, a long list of awards helps to show that limefx might be the right option. limefx has also integrated an extensive charting package into its trading platform which can readily be personalized. This tool, however, is not as impressive as it could be as it boosts minimum innovative features except for enabling clients to activate spread bets straight from their trading charts. This broker does offer two separate charting packages limefxh one intended for novices while the other is more suitable for professional traders. However, the latter package still only supports the most basic technical tools and indicators.

Demo accounts on ETXCapital

Specific product trading times may however vary in response to liquidity changes. Additionally, opening hours may be influenced by Christmas trading hours and other holidays. Market choice– There is no shortage of products and instruments to choose from. As a result, the broker is a logical choice for both novices and finance gurus. More than €500k of liquid assets besides your house, if you own one.

Experienced traders generally prefer paying higher minimum deposits and a commission per trade in exchange for tighter spreads, which is not available at limefx. Experienced traders will, however, appreciate the tight spreads and large number of tradable assets available for trading. limefx’s accounts were assessed to compare the costs to those of other forex brokers. The costs were evaluated based on the trading fees on one lot on the EUR/USD, including the spreads and commission. limefx offers full support for MT4 as well as its own award-winning proprietary platform, TraderPro. limefx is an FCA and FSCA-regulated broker limefxh a feature-rich proprietary trading platform and a large range of tradable assets.

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