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Forex Trading

limefx Reviews www limefx co.uk Spread Betting

The company supports speculation on trading instruments that include forex pairs, cryptocurrencies, indices, stocks and commodities. The company has been founded in 1965 and is regulated by the Financial Conduct Authority in the UK. 78% of retail investor accounts lose money when trading CFDs limefx reviews with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. 74% of retail investor accounts lose money when trading CFDs with this provider. limefx has great trading platforms, including ETX MT4 and TraderPro, with some competitive spreads.

Does Interactive Brokers charge a monthly fee?

IBKR Lite and IBKR Pro have no account maintenance or inactivity fees.

Overall we like limefx for their modern and energetic outlook, although pretty standard platform. Their spreads are average, but their execution is great and you can trade micro lots – their customer service people are also quite good. When compared to https://limefx.club/ other similar online trading platforms, limefx offers attractive spreads, especially for its FX majors, cryptos, and most-traded stocks. For the AUD/USD major pair, the average spread is 1.21 pips, while the EUR/USD pair trades at around 0.81 pips.

Review of limefx

In order to be granted a license by these authorities the broker must demonstrate the highest levels of transparency, financial accountability and trust. The discussed topics are usually either about some news or about technical analysis (Chart Patterns and Trend Action, Trading Divergence etc.). The hottest topic news is now Brexit and the effects that key dates might have on all kinds of markets covering GBPUSD, EURGBP & UK100.

With that said, it is a shame that limefx does not allow you to invest in shares by retaining full ownership. As you will be trading CFDs, this means that the platform is only really suitable for short-term speculations. After all, CFDs are leveraged products so they receive overnight financing fees. Limited research tools are available on both the TraderPro and MetaTrader 4 platforms. For example, it does not offer trading ideas, fundamental data or news feed options.

“DO NOT TRADE WITH THIS PLATFORM UNDER ANY CIRCUMSTANCES”

The former needs no introduction as it is the traders’ most popular trading platform in the world. The latter is an in-house solution offered exclusively to ETX traders that is accessible via just an internet browser. This platform features multiple chart types and layouts with a numerous number of technical indicators and drawing tools. There is also an option on the platform to activate email or app notifications that alert you about the price changes. The design and interface of the ETX TraderPro platform can be seen on the screenshot images below.

limefx broker reviews

Once highlighted, trader simply click on ‘Invest’ to confirm the trade. Once open, a trade will appear in the ‘Open Positions’ screen below the trading platform. The price graph will also show the current status of the trade, with either a blue box or a red box highlighting the current direction of the trade.

limefx Platform Review

The amount required will depend on the asset, and expiry. Spread High/Low– Unique to limefx, these options have strike prices slightly above, or below the actual current price level. Beyond that, they behave just as a standard High/Low option. The difference is that the payout on the spread option is 100% – ETX can do this because their “spread” is covered by moving the strike price. The Call and Put buttons are clear, with the strike price illustrated between the buttons.

Many unregulated brokers have been found to scam traders. At Broker Complaint Registry it’s our job to make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money. Yes, you can currently trade in various markets using CFDs and take a position in all major asset classes, scammed by limefx including shares, commodities, crypto, indices, and FX. Overall, limefx can be accessed by first-time traders with relative ease, while more experienced traders will appreciate its high net-worth service desk. The latter of which includes fast and efficient global equity order execution and ultra-competitive margin rates.

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