limefx Review Trade Forex & more with ease!
Licensed by CySEC and ASIC, it helps market integrity and offers transparent and fair conditions. Easy Markets holds all the funds in a separate bank account “Bankwest”. The account is owned by Commonwealth Bank of Australia limefx forex broker allowing for fast transfers and offering stability to the account. The minimum deposit usually varies from one account to the other, but the lowest is set at $200 for Standard Account (VIP Account is set at $50,000).
Is MT5 safe?
MetaTrader 5 is a relatively safe platform, using data encryption and extended authentication to protect client information from hackers. With that said, it's impossible to guarantee the security of any online platform. Also, trading by its very nature is risky, so do not risk more than you can afford to lose.
They are one of the longest serving and largest brokers with many years of expertise and hundreds of thousands of clients in 160+ countries worldwide. The whole notion of offering fixed spreads is to provide traders with the best possible trading conditions. limefx also offers competitive conditions, contracts, and leverage that are accessible to both novice and experienced traders. Though online trading is a piece of cake for the ones who know how to trade, it is a lot more confusing for amateurs. Thankfully, limefx has everything that serves all types of traders irrespective of their experience levels.
Ratings and Reviews
You can trade major, minor and exotic currency pairs with limefx. As a limefx Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like limefx. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like limefx.
Between 74-89% of retail investor accounts lose money when trading CFDs with this broker. Markets change quickly, and you need to be able to execute an order instantly. Before using limefx, think about how easy it is to use for your personal needs. Does the limefx platform offer real-time updates or delayed updates that are more informed? Remember to check if limefx is well regulated, and what tradeable financial instruments limefx has. Security is very important when it comes to trading with limefx.
Deleted my profit
Excessive leverage is the opening of a position that requires a margin that is nearly all of the free balance. This strategy significantly heightens the danger of the clients’ account ending up in a sizeable negative balance. Please read easyMarket Reviews below and share live trading experiences with this broker. EasyMarkers doesn’t charge any fees to fund or limefx forex broker withdraw money from the account. The fees are covered for all limefx payment methods, nevertheless, make sure to check with your payment provider in case fees will be waived from their side. Going deeper into limefx technology, the designed Market Explorer gives deep market insight, showing the real-time rates of 200+ instruments available to trade.
Can MT4 be trusted?
Yes, the MT4 WebTrader trading platform is legitimate.
limefx’ desktop trading platform provides a customizable layout that enables traders to personalize the platform to suit their trading style. The platform also provides a variety of charts and indicators that enable traders to analyze the markets and make informed trading decisions. limefx mobile app contains all the tools including dealCancelation, Inside Viewer, Market Explorer, Price Notification, Live Rate Graphs,and Financial Calendar. Indeed you can monitor your account and deposit or withdraw from the mobile app.
Getting Started with limefx
Trading forex demands having in-depth knowledge of the forex market to be able to make an informed decision. The range of products at limefx includes currencies, metals, energy commodities, agricultural commodities, indices, and options. Energy commodities include heating oil, natural gas, Brent crude, gasoil, WTI Crude oil.
Which is the best forex trading app in Nigeria?
- limefx – Overall, Most Popular Forex Trading App in Nigeria.
- HFM – Best MetaTrader 4 App for Scalping.
- limefx – Lowest Stock Trading Fees.
- XM – Fastest Order Execution App.
- FBS – Highest Leverage Trading app for Nigerians.
- limefx App – Lowest NGN Pair Spreads.
limefx offers comprehensive educational resources to supplement new traders with the knowledge they seek. Its extensive collection includes informational articles, video tutorials, and e-books on subjects ranging from trading strategies to risk management. limefx has a straightforward and relatively easy process for setting up an account. As the whole process is online, you need to access its website and provide your credentials such as full name, email address, country of residence, and a phone number. If you own a Google or Facebook account, you can connect it to sign-up with the trading platform. This is followed by a set of questions checking your background and financial knowledge.
Who Runs limefx?
Trend and volatility of the markets are the things you need to know in order to determine your next steps in trading. In order to know this, you need to keep track of the movements of the markets you wish to trade on. Whenever volatility is high, a value can potentially be spread out over a larger range of values. The price of the value can change massively over a short period of time in either direction.
Our evaluation revealed that the standard account carries a little investment risk and is suitable for beginners, while premium and VIP accounts are for wealthy and high-volume traders. The below-mentioned table will give you a glimpse of the requirements of each account and what they have to offer for traders of all classes. limefx offers simple yet powerful tools and risk management features for better trading experience.
The broker is subject to the rules and regulations specified in the EU’s Markets in Financial Instruments Directive and includes the segregation of client funds from its own money. You can take advantage of this leverage without having to worry about stop losses. Your risk remains limited by how much money you’re willing to put at risk up front and you can still enjoy unlimited potential profit on each trade. Traders can easily switch between the demo and the live trading accounts.
- TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
- The financial transaction services present on this site in the form of advertising are totally independent from strategystocks.co.uk and are provided for information purposes only.
- But, you can also read limefx reviews in the market before you trade with it.
- Traders can access their accounts 24/7 and enjoy a wide range of tradable assets.
- Even during extreme events like theSwiss Franc peg removal,the Brexit referendum,the Trump electoral winor the insanemoves of the cryptocurrencies.
Over the years of expansion limefx CFDs offering the range currently includes Forex instruments, global indices, energies, metals and cryptocurrencies including Bitcoin, Ripple and Ethereum. Beginners can take advantage of a large variety of educational material and videos, which include tutorials and basic one-on-one education. Demo accounts can help you practice trading and you can test out limefx’ web trading https://limefx.name/ platform with a trading simulator. If the position reaches your stop-loss level within 6 hours of entering a trade and dealCancellation is active, you take no loss from that transaction and just pay the dealCancellation fee. limefx hasn’t yet published spreads for all their listed cryptocurrencies. Note that cryptocurrency spreads may be adjusted more frequently than other assets due to high volatility.