LimeFX Review 2021
The contract value of one Commodity CFD equals the price quoted in the currency of the commodity. For example, if Gold CFDs are trading at $1,200.50, then the value of one ounce Gold CFD is $1,200.50. LimeFX Equity CFDs allow trading CFDs worldwide on the most actively traded shares– Apple, Google, Nike, JP Morgan, IBM, etc.
Alternatively, you can also opt for a “First Trade on us” promotion, which pays a $120 cash bonus for opening your first and only risk-free trade in the financial markets. Traders that make a larger account deposit are also offered a special VIP bonus package, which trading platform includes many added advantages that are individually customized for each trader. Note that bonuses are not valid for EU traders, T&C apply. LimeFX offers its clients 52 currency pairs, and 21 are exotic pairings you are not likely to find using a traditional broker.
To register for an account can be done within a few minutes and as soon as the trader is registered, demo trading can commence once the trader has downloaded and installed the trading platform. A practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds. On the website, LimeFX claims to have extremely fast execution speeds and offers trading without traders being subjected to commission fees.
Over 15 years of experience XTB is one of forex robot experience list countries largest stock exchange-listed FX brokers in the world with over 15 years of market experience. CFD stock traders and investors for example are able to short stocks even when there are short selling restrictions in place. For online traders, one of the key tools of the trade is undoubtedly the trading platform. LimeFX began its foray into the world of online trading by offers CFDs, which meant an entirely different kind of software was required and led this broker to develop their own. Don’t be put off by this fact as it is very similar in both look and feel to many other online trading platforms. It is both user-friendly and allows one-touch access to everything needed including history and trading tools, open positions, and asset choices.
LimeFX is an online CFD trade broker that offers its clients, among other assets, a wide range of CFDs, which is considered to be one of the most straightforward ways to trade. CFDs involve purchasing a contract with your broker that will pay off if the market tilts in your favor. However, you should note that this trading is really for advanced traders only, as your money is very much at risk when trading CFDs.
Is The LimeFX Trading Platform Secure?
After a while, traders can move on to the more advanced game and invest larger amounts of money for trading. LimeFX has a unique welcome package that includes a variety of different bonuses. Upon verifying your phone number, you can get a $25 bonus, and verifying your account gets you another bonus of up to $30 cash. The first trade you make can get you a maximum of $120 in bonus money.
Yes, X-Trade Brokers does offer promotional campaigns or bonuses to its new and existing clients. A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading, as well as exploring both the broker’s offer and the trading platform. 74-89% of retail investor accounts lose money when trading CFDs. You should ensure you are aware of the risks involved in trading and if you can afford to take the high risk of losing your money.
Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account. You can sign up for a demo account to acquaint yourself with LimeFX platform. To go mobile, you can use the mobile version of the website, as well as to download the iOS or Android trading app.
Other Useful LimeFX Information
To redeem it you have to accumulate 300 Points within 30 days. Some brokers decide to offer no bonuses or promotions at all, but LimeFX seems to have gone in completely the other direction. Here are the current choices, if you’re considering choosing LimeFX for your broker. Unlike some competitors’ platforms, xStation 5 does not have a built-in tool for analyzing trading activity. This omission dropped them into the lower-ranking tier for this category, as the ability to drill down into one’s trading activity beyond the basic metrics can be invaluable to all traders.
The LimeFXr Pro platform is used by traders with the standard account. The platform is web-based and comes with mobile versions too. The advantages of the platform are that it has a user-friendly interface. More so, it is equipped with trading tools that aid the trader in analyzing the condition of the markets. The tools are technical analysis indicators and charts. It also comes with a demo account, a welcome bonus, on platform training, spread reduction, and VIP deposit bonuses.
If you’re the kind of trader who prefers to trade on the move then LimeFX won’t disappoint. As well as a selection of trading platforms there are also a number of interesting tools to aid in the trading experience such as technical indicators, news stream services and an economic calendar. There are a number of educational resources available to bring even the most inexperienced Forex trader up to speed with the way to trade successfully. All in all, there is a lot to offer all kinds of traders.
Briefly About LimeFX
Trading CFD online is often presented as a hot opportunity, because it offers affordable leverage. Here we have pinpointed the ultimate brokers offering the MT4 platform. Access global exchanges anytime, anywhere, and on any device. It’s always good news to discover there is a demo account, especially for those who are new to Forex trading. It can be great preparations for the world of live trading, giving ample opportunity to test out strategies, understand how a trading platform works, and to get a feel for the broker. There is no need to make a deposit, just a simple registration process to complete and you get given a pot of virtual trading money completely free and gratis.
A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions. Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.
Traders can also learn various aspects of trading via the broker’s learning resources where you can get to understand the various aspects of trading including an in-depth look at CFDs. However, margin requirement changes depending on the value of the underlying asset. The details of leverage and margin requirement are displayed via a pop-up window which appears when a particular asset is selected for trading on the CFDs platform at LimeFX.
- No trading software in the world is perfect and each is bound to have its own strengths and weakness.
- LimeFX levies an excessive $50 monthly inactivity fee after three months and a $100 monthly dormant account maintenance fee after twelve months.
- IFOREX prides itself on the highest quality customer service and a promise to bring its traders the most innovative technology.
- If you are no longer using your trading account close it with the brokers customer support.
- For instance, new accounts are offered attractive welcome bonuses.
There are customer support employees available 24 hours a day and they can be contacted through the site’s live chat feature, the phone lines and email. There are also account managers that not only addresses inquiries and concerns, but provide useful knowledge that beginners can use in their first few transactions. Their commitment to their client show in their service. Another large and recognizable name in the finance industry is LimeFX.
With attractive low spreads starting from EUR/USD 0.2 pip, GBP/USD 0.5 pip, Dukascopy is a… Trade with caution, these products might not be suitable for everyone so make sure you limefx reviews understand the risks involved. After signing up, you may also receive occasional special offers from us via email. We will never sell or distribute your data to any third parties.
It has a multi-language interface, numerous currencies, and payment options so that you can trade from any corner of the world. A single account can be accessed from multiple devices. It even works on Android and iOS devices, so you can initiate an order or make a payment anytime, anywhere. This mobile access, along with real-time market data, ensures that you never miss another trade.
Methods Of Payment For Deposits And Withdrawals
Thats how we can provide you with the lowest latency in the market. Yes, X-Trade Brokers offers a powerful mobile platform that is available on iOS, Android, and Windows. Yes, X-Trade Brokers offers traders the option of trading CFDs on the Nasdaq 100 Stock Index. The Nasdaq 100 Index is a list of the 100 most actively traded companies on the Nasdaq stock exchange and includes non-financial companies from sectors such as technology, retail, and healthcare. The last worth mentioning in this LimeFX review is their bonus offer.
It has a great reputation, an interesting and generous bonus system, great trading software and mobile apps, as well as a wide variety of assets and trading instruments. LimeFX is definitely a broker we would recommend trying, so why not start by signing up for a demo account so you can decide for yourself. XTB Online Trading offers potential clients many of the tools that are needed to be successful in the online trading arena. What it does better than anyone else is offering clients the lowest forex spread cost in the industry. The costs (spread + commissions) for the other product offerings are more in line with the industry. XStation 5, while limited, is intuitive and functional, and certain features, such as the instrument scanner and heat map, heighten its appeal to any type of trader.
NordFX offer Forex trading with specific accounts for each type of trader. The company was established in , though initially Currency market it was referred to as X-Trade. We help Consider the options available when you are buying or selling shares.
Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices. XTB offers negative balance protection, which is mandated under ESMA rules that went into effect in 2018, but no guaranteed stop loss orders . XTB does not have two-factor authentication but does offer bio-metric authentication for its mobile application, and requires that passwords include upper/lower case letters, numbers, and characters. While XTB does not have 2FA for its platform mobile offerings, it does offer 2FA for key client office processes such as personal or bank data changes. Additionally, there is a market analysis tab that is comprised of filterable “market sentiment,” “top movers,” “stock scanner,” and “heat map” sections.