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It is therefore difficult to recommend them on the basis of their trading environment, unless minimizing uncertainty and having a safety net are your main priorities. All that ensures the traders’ safety, especially to those who trade in volatile conditions. The new μBTC account type, lets investors deposit and withdraw with Bitcoin.
- LimeFx core value is to simplify trading and its customer support and service are one-factor proof that it is easy and simple to reach their support team.
- The officials were fast to respond, had a clear knowledge of the product on offer, and were highly professional in all respects.
- We do not provide financial advice, offer or make solicitation of any LimeFxs.
- The support desk operates 24/5 and has different language support.
- Keeping that in mind, we conducted this detailed LimeFx review to cover everything you need to know about the broker, from opening an account to withdrawing profits.
- In addition to bonuses, LimeFx may also offer other special promotions or offers to its clients.
As we could not locate a trading account with your details, please contact us at [email protected] or visit our LiveChat which is 24/5 to help you with the issue you are experiencing. My need now is to make a deposit for live trade and I believe if I need any assistance easy markets will be happy to help. LimeFx, like many other online brokerages, may offer bonuses to its clients as an incentive to trade on its platform. All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed.
They offer a good top up bonus when you add funds to your account. On the product I trade their spreads are around 4 points wider than the provider I have changed to. As you have already been informed you are allowed to trade with LimeFx but without the https://limefx.name/ use of Expert Advisor. Moreover, the company has returned you all your funds plus the profits that you have gained with as an act of goodwill. I did trade on 3rd April and close my transaction on 6 april mean while you send me my statement on my e mail.
LimeFx Standard Account
LimeFx have an integrated financial calendar within the platform so that you can easily keep up to date with the latest financial releases. They can be used to spot potential trading opportunities by looking for price action patterns and using technical indicator analysis. You can monitor the rates, percentage change and high/lows of multiple markets. These can then be loaded into your trading ticket with just one click. You can set your account and platform to send you up to date notifications to keep you informed about the latest market and account activity. LimeFx are regulated in Europe by the Cyprus Securities and Exchange Commission and in the Asian Pacific Region by the Australian Securities and LimeFx Commission .
He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. MetaTrader4 is also an option at LimeFx given no difference in pricing between the broker’s web platform. That said, LimeFx’ flagship web platform and VIP accounts struggle to compete with the best forex brokers in our annual review. Customer support is offered through a range of options, all of which have been very responsive and positively reviewed by a number of other users. These options include telephone support, as well as email, web-based live chat, and some unique social media contact methods, including via Facebook Messenger, and Viber.
Mobile Trading
Especially if you’re just get started with commodities futures trades, you will want to have access to a commodity broker with a good customer support team. If you are looking for a commodity broker with a great interface and low commissions, then TradeStation is the commodity broker for you. They make it easy to trade commodity contracts and other financial derivatives with ease. Users like that their platform can be accessed either through the desktop app or browser-based platform, essentially making it easy to buy or sell assets from anywhere.
This is a relatively painless and convenient experience, thanks to the technology provided. Accounts with limefx reviews LimeFx are available to the residents of most countries, though there are a few notable exceptions.
The LimeFx trading app offers a variety of different ways to trade according to your trading strategy and goals. I like that it can be customised in a way that works best for each user, rather than being limited to one specific layout. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. The web-based platform allows traders to navigate between different trading instruments.
Commodities available to trade include oil, gas, wheat, coffee and sugar. Commodity trading is a popular way to diversify a portfolio and is primarily driven by supply and demand. You can get the latest market news releases directly into your platform to stay up to date with the latest happenings across different markets. News releases are often used as part of a fundamental analysis. There is a built-in MetaEditor where you can programme your own custom indicators and automated trading systems known as expert advisors .
If i did something wrong why you didn’t close my positions at that time. Even for the statement of 6 April you send me my statement with my transaction close with profit. Overall, despite a broad selection of features, LimeFx’ research offering is just a touch above the bare minimum industry standard. This is particularly true with the vast number of forex pairings offered. Is certain to be appreciated by more experienced and higher-volume traders. Ultimately, the platform is laid out in such a way as to make trading very appealing, accessible, and simple to understand.
Hedging is a strategy used in limiting or offsetting probability of loss from fluctuations in the prices of commodities, currencies, or securities. This can happen over a single account or over multiple accounts. Charting is powered by Trading View in the mobile app, with the same 81 indicators that the web version of the platform has.
Live account
Commodity broker jobs may also include other features and resources to help trade commodity futures, though these may vary between the different commodity brokers. Similar to this is the Commodity Pool Operator, which is a person or platform that operates a pool fund for trusts, syndicates, and other funds. The National Futures Association regulates this type of trading. A floor broker is a person who works the exchange floor in New York, London, Tokyo and other places, conducting trades for other brokers who are already booked. All brokers need keen analytical skills and must have a good professional standing with their business administration. Since there are no commission fees on deposits or withdrawals or account inactivity, LimeFx generates most of its revenue from fixed dealing spreads.
An introducing broker can mean added costs for monitoring your overall portfolio, so you’ll want to find one with competitive rates that fits your budget. They also have a trading simulator where traders can execute trades with paper money rather than real money over actual exchanges, which is a great tool for beginners. A trader interested in commodities may enjoy CMC, a leader in the industry.
LimeFx Review: Final Thoughts
There are over 15 different payment methods to choose from when making a deposit, including credit/debit cards, eWallets, and wire transfers. LimeFx offers some unique features for traders who want to succeed. With the “deal cancellation”, you can undo losing trades within an hour for a small fee. This is a good opportunity for traders who are trading news events. LimeFx has analytical tools – technical indicators and charts.
3) You have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services. In trading, first, you need to choose a market you would like to trade on. Choose an asset on the platform, then select the size of the right position for your account. Invest in rising or falling markets in selecting either buy or sell to open a position. Also, LimeFx has negative balance protection that ensures the customer’s account will never go below zero.
Despite all the benefits and good trading conditions, we found some disadvantages of LimeFx. The broker’s market range is strictly limited to FX and CFDs with differing conditions for different jurisdictions. Also, international trading seems to be done through its offshore entity which is a major drawback in our opinion. LimeFx offices are located in Shanghai, Sydney, and Limassol , as well as the Marshall Islands, to be able to offer services globally and provide personal customer service. As listed above, employees that are a commodity broker can expect to make around $107,000 salary per year.
LimeFx Pros and Cons
The minimum initial deposit required is $100 for a standard account. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
EBooks are available for free to all traders and cover everything related to online trading, such as vanilla options. Our LimeFx review was primarily focused on exploring how a trader can benefit from using the brokerage. And to our surprise, the broker has raised the bar with its exceptionally innovative trading tools and specifications.
Zero slippage ensures that the trade is executed at the requested price. Since the forex market is highly volatile, you never know when the currency value will rise or fall. By activating this feature, you can freeze a rate for an instrument. This frozen rate can be used to execute the trade without worrying about the real-time scenario. As the name implies, this tool enables traders to cancel a deal if the trade is unfavorable.