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Trade leveraged CFDs on 2100+ assets with competitive fees. These finish ‘in the money’ immediately if the price level is reached or surpassed. LimeFX does not charge any trading commissions as everything is built into the spread. The specific size of the spread will vary depending the asset and current market conditions. To clarify, you will only have one account when using LimeFX. This means that irrespective of whether you opt for the desktop site or mobile app – you will be traded with the same capital.
The TraderPro platform is delivered on mobile too, and includes price alerts. Buyshares.co.uk provides top quality insights through financial educational guides and video tutorials on how to buy shares and invest in stocks. Contracts for Difference («CFDs») are leveraged products and carry a significant risk of loss to your capital. On top of CFDs, our LimeFX review found that you can also trade financial assets at this broker in the form of spread betting. This works in a similar nature to CFDs, insofar that you need to predict whether the markets will rise or fall. ETX Trader – This is a dumbed down version of the ETX Pro Platform and is targeted for beginners to get started.
- In addition to MetaTrader 4, the broker provides a trading platform enhanced with multiple watchlists, guaranteed stops and trading accessible directly via charts.
- Spot FX trading is possible across the full range of major and minor pairs, from the ever popular EURUSD, to things like the Swiss franc or Japanese Yen.
- It is said that the letters ETX reflect the business, as they stand for Electronic trading, Telephone trading, and eXecution services.
- Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions.
- Offering a rich portfolio of more than tradable assets, the broker brings one-touch trading to the power of your palm.
With its roots reaching back to 1965, LimeFX is one of the oldest and best-established online brokerages offering spread betting and CFD trading. The operation started out dealing in mortgage bonds and later expanded into stocks and financial derivatives. LimeFX offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms.
LimeFX Review Conclusion
All of the above deposit methods are credited instantly apart from a bank wire – which can take 2-3 working days. In terms of fees, LimeFX does not charge anything on deposits. For a full break down of what deposit and withdraw fees LimeFX charges, scroll down to our section https://limefx.name/ on ‘Payments’. If you have a position open after 10 pm on Wednesday, you will incur three days worth of swap fees. In terms of how much you will pay, this will vary depending on the market. Below we explain the fees that you should expect to pay when trading at LimeFX.
Our receipt of such compensation shall not be construed as an endorsement or recommendation by forextradingtools.co.uk, nor shall it bias our reviews, analysis, and opinions. LimeFX is the first Forex broker to receive a 3A license in Abu Dhabi, which allows the brokerage to offer both retail and professional trading services. This LimeFX review will cover everything you need to know about LimeFX so that you can determine if this is the right brokerage for you.
Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Forex trading is the buying and selling of currencies of different countries. Fx trading is done over the counter and is currently the largest liquid market globally.
Best Alternatives to LimeFX
Its client reviews praise the range of tools on offer from the industry-leading platforms. LimeFX offers advanced charts, one-click trading, and a range of technical indicators. OvalX offers the well-known MetaTrader MT4 platform together with its proprietary trading platform, OvalX Trader. The MetaTrader offering also comes with an MT4 Remastered edition. LimeFX welcomes new traders with enticing depositing bonuses that matches up to 20% of the initial deposit with a maximum bonus of up to $3,750. As well, all new traders receive a minimum bonus of $20 just for signing up.
- An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency , Options and Indices.
- Markets.com considered a recommended and trusted online broker?
- A look at another trusted review site, Trustpilot, shows the same.
- Bank wires are also supported albeit they are not processed instantly.
Advanced trading tools such as charting options, forex signals, and economic calendar help you to use leverage options with full confidence. Founded in 2009, VantageFX is an Australian forex broker that provides regulated trading services under the brand name of the Vantage International Group. With spreads starting from 0.0 pips, and a minimum deposit of $200, VantageFX is a strong competitor for its rivals. Offering the industry’s most advanced trading platforms , VantageFX stands out of the crowd. Regulated by CIMA and ASIC, the broker offers multiple educational resources and hosts a 10% forex rebate program.
LimeFX Awards & Accolades
According to the FCA website, Monecor also has a European branch with an address in Cyprus. The FCA has given this firm temporary permission to operate in the European Economic Area countries. With temporary permission, the company can only offer certain products and services in the UK.
Using the app allows traders to connect, copy and follow other MetraTrader 4 traders globally. Support in these languages is offered by both email and telephone. LimeFX has expanded to operate in global markets within Asia and Europe. Regulated by the Financial Conduct Authority and safe to use, ETX trading is now used by over 55,000 traders globally.
With over 500 financial instruments, including stock, Forex, indices, and cryptocurrencies, the broker offers state-of-the-art trading platforms. The competitive pricing model and active trader rebate programs make the broker a superb option. In addition to CIMA, LimeFX holds multiple licenses from regulators in six jurisdictions of the world.
LimeFX Leverage
Overall, a valid choice for the beginner and expert trader. This platform comes with a variety of impressive trading features, as well as educational material and impressive security. As well, the MT4 trading platform supports automated trading with its unique MLQ4 programming language that supports what’s called “Expert Advisors” . All in all, the MT4 trading platform is an excellent trading solution for both beginner and experienced traders.
In addition, the broker also offers a 50% welcome bonus to new customers. LimeFX believes in providing their traders with an exceptional trading experience that exceeds their competitors. LimeFX is an internationally recognized trading brokerage who competently serves traders from around the world and offers their services in 9 languages. The brokerage has won numerous awards throughout their lifespan and continue to innovate their services and excel in customer satisfaction.
CFT shares have been listed on the Swiss Stock Exchange since 1973. In this manner, the minimum initial deposit is 100 GBP, and there are no active trader or VIP discounts. All of these make the platform engaging for different traders.
CFDs are supported for US stocks, equity indices, currency indices, energies and metals. Leveraged CFDs are available on several financial markets. Trade thousands of different assets with leveraged contracts for difference. LimeFX also offer CFDs and Forex trading, those platforms are covers in more detail in DayTrading.com’s ETX Review. LimeFX allows you to deposit and withdraw funds with a variety of payment methods.
TOP BROKERS
Details on all these elements for each brand can be found in the individual reviews. Since the global foreign exchange market is the largest in the world and most actively traded, there are different ways to rate each brokerage. One type may be the best forex broker for beginners while others are better for advanced users. The most important factors include fees for spreads and commissions, trading platform software, charting tools, customer support, education, currency research, and reliability. Oval X are a London based, FCA regulated broker offering tight spreads across a wide range of markets. Trade the most popular 250 share CFDs with zero commission.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You can use the TraderPro and MT4 trading platforms with ETX. It also has free trading education, competitive spreads, flexible leverage and access to thousands of tradable markets. This trading platform was designed with experienced traders in mind as it comes with a wide array of advanced features and unparalleled access to the financial markets.
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 limefx cheating has been operating for a long time, so the FCA and FSCA regulate it. LimeFX were a London-based, FCA regulated broker offering tight spreads across a wide range of markets.
For those unaware, this is a third-party platform that comes packed with dozens of technical indicators and advanced order types. ETX TraderPro is the trading platform exclusive to LimeFX. There is no requirement to download or install any software – as it can be accessed from your standard web browser. At LimeFX, you will have access to several cryptocurrency markets – including Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash.
OvalX is one of the oldest and best-established online brokerages offering spread betting and CFD trading. The platforms offer a limited product portfolio and research tools. But ETX offers low non-trading fees and a wide variety of educational tools. Like many online trading brokers, fees are classified into non-trading and trading fees. LimeFX fees are considered average as compared to other online brokerage platforms.