LimeFxFX, however, has some room to improve its research offering when compared to research heavyweights Saxo Bank, IG, and CMC Markets. An adjustable risk management tool known as the drawdown percentage (DDP) is also available. The DDP will close the copiers’ position if the Master Trader loses money.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
- In the world of forex trading, having access to a range of options is essential for finding the right fit for your trading needs.
- This financial service provider offers limited resources and tools for traders and investors.
- Check your LimeFxFX alternative offers negative balance protection to you, which is a regulatory requirement in some regions.
- Also, you will find plenty of information on opening accounts and trading in the education section.
It should also include checking your own local regional regulations to make sure they are permitted. There are brokers that have better financial regulation that LimeFxFX. Look for a LimeFxFX alternative is also regulated by top tier financial regulators like the United Kingdoms Financial Conduct Authority. The 10 top LimeFxFX alternatives on this list were chosen based on their closeness to the LimeFxFX platform as well as their
potential for Social Trading, Copy Trading, and other options. However, we’ve also included brokers different from LimeFxFX to meet the needs of every trader. You can diversify your portfolio with the broker offering gold, silver, crude oil and other commodities.
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You can specify what signals you want to receive and the quality level of these signals (based on historical performance). I think this is an excellent tool for finding customised signals. It can literally save you from hours of scanning the charts and it’s great that the broker provides it free of charge. You can also get it through some other brokers including Forex.com. MT5 has a simple interface just like its predecessor with some new features that improve the overall experience.
Funding or overnight prices are those that are billed when you maintain a leveraged position for longer than a day. Below we take the main parts of any professional online limefx company reviews broker and compare LimeFxFX against Startrader, and freetrade. LimeFxFX, as a company, has a strong collection of rules for ensuring fair trading onto its own platform.
- Starting from an easy account to various trading software and tools make it easy for…
- The FAQ section is especially useful for people who are comfortable figuring things out on their own.
- The reason that LimeFxFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies.
- You will probably also have top go through the standard KYC (Know Your Customer) checks but LimeFxFX are normally pretty quick with this.
The broker provides you with a good range of educational materials including video tutorials, trading guides, FAQs and a glossary. Subjects covered include the very basic lessons such as an introduction to trading and how to place a trade to the more advanced technical and fundamental analysis. The information is very easy to digest and is supported with visual representation for clarity.
User Experience
Any customer can also use this platform for Forex and CFD trading. It analyzes transactions in financial markets and provides secure and fast access. Users of LimeFxFX can ensure traders’ advanced access to trading operations in a reliable environment.
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Like with everything else, with investment and trading, you have choices based on your preference. Please list the options you are looking for, and explore the options we have provided in each category. While LimeFxFX is a great global brokerage, it is not the number one in every trading product.
When searching for a LimeFxFX alternative, there are a few things you need to check. The LimeFxFX trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements. EToro is a social trading and brokerage tool that allows its users and clients to watch online the financial trading activity of other users, learn from them and make their own trades.
LimeFxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough. However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner. I have always found them to be reasonably quick to respond but think they could improve by extending hours to 24/7 support.
It is up to you to decide whether to buy or sell stock spreads in this market. If you see a drop in the market price, then you need to click on ‘Sell’. On the other hand, if you see that the price has increased, then click on the ‘Buy’ button. The LimeFxFX broker has several licenses, which bring some great benefits for traders. LimeFxFX Holding plc is regulated by CySEC (EU), which can give you maximum benefits.
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Customers will be able to do Candlestick, Line Chart, Bar Chart, and Tick Chart using Excel on mobile. A great user experience is crucial for every trading platform to build and maintain their customer’s trust. From our experience, the broker is doing a pretty bad-ass job at it. If you take a deeper look at the reviews, you will often find in-depth replies to the comments, not just templates. This is just a small example of how LimeFxFX is genuinely caring about the experience you as a trader have, and it reflects our personal experience with the LimeFxFX support staff very well.
You just need to finish a single-user profile survey to begin depositing money into your trading account. You’ll have to give an identity evidence and proof of residency to deposit large sums. In addition, https://limefx.club/ the withdrawn money will be transferred directly to the accounts you use to create deposits. Another concern with fiscal brokers is in respect to security may be manipulation of trading.
I would definitely recommend them to anyone who is looking to get into trading. The customer support on LimeFxFX was awarded multiple international awards and is fast, efficient, helpful, and knowledgeable in our experience. There are two main options to contact customer support 24 / 7, via live chat or e-mail. In our experience, the support via chat is perfect for a fast and competent answer, often time the support will reply within a few minutes. Opportunity to watch Live FX Quotes, a chart with the display, platform customized, Indicator add, Broker’s clients can get a massage, market news, read and see broker news, all types of orders use.
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66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. LimeFxFX is worthy of investment, and there are various reasons to believe so. First, it was founded in 2011 and offered excellent opportunities to traders and investors so they could efficiently work on the trades. Plus, it charges only 0.4 pips for the commission on the account.