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LimeFx reddit

The brokerage firm allows its clients to trade on stocks with zero commission and from as low as 0.1 shares. Customers can trade shares in either direction, long and short, meaning that they will be allowed to speculate on price falls and rises. Indices are used to measure the price performance of a group of shares from an exchange and enable traders to get exposure to an entire sector or economy https://limefx.group/ without opening several positions at once. This is to say that traders will benefit from high volatility and low margin in a more efficient way. Other key reasons why traders choose to trade CFDs on indices is that they can go long or short and benefit from flexible trading hours. Clients of the brokerage firm can only take positions on precious metals like gold, silver, platinum, and palladium.

Education

LimeFx is a brokerage firm, which is licensed and regulated by the Seychelles Financial Services Authority with license number SD029. Hi Gilles,We are so glad to see that you are satisfied with our LimeFx platform! 😃😃 We hope we continue to impress you with our services at LimeFx!

Markets

Basically, I even had a broker back then, that is why I initially haven’t paid due attention to it. Only after I thought of changing the broker, this brand name loomed somewhere on the horizon. Checked it out, verified the reliability, opened demo account, rummaged a lot in the educational center (separate props for that) and started trading. This is how I got stuck here, and I don’t even want to get out of this pit, it’s so cozy out there. The support system puts a lot of effort into providing multilingual support, meeting and exceeding its clients’ expectations.

Instruments and analytics.

Thanks for being such a valued customer.LimeFx ⚡️Empowering traders. Hi Myrtle Githinji, We’re sorry to hear about your experience, and we take such matters seriously. Please provide us with more details through the Find Reviewer process on Trustpilot so we can investigate and assist you accordingly.LimeFx ⚡️Empowering traders. Hello Elaine Wasilewski,Thank you so much for your feedback! We are so sorry that our support has been slow to respond, and we’re working on ways to make sure that doesn’t happen again.LimeFx ⚡️Empowering traders.

LimeFx broker in a nutshell

I like the selection of 84 currency pairs, which ensures that Forex traders have a broad choice of trading instruments, complemented by 30 commodities, 150 stocks, 30 futures contracts, and 30 equity indices. Equity traders get a selection of blue-chip stocks listed in the US, the UK, and the Eurozone, where Czech companies pleasantly surprised me. I am missing ETFs and cryptocurrencies, but the range of assets at LimeFx suits most retail traders and is excellent for Forex traders. The Fractional share dealing offer is ideal for smaller portfolios. I have some trading experience, including platfrms of other brokers. By the way, there are no commissions here and that’s why I opened a rading account here.So I understand how commissions work and why some brokers use them.

While using the simple and intuitive mobile trading app, you can access expert research, explore technical charts, and view the latest real-time prices. Hi Andy,Thanks for taking the time to share with us your feedback! Internal processing times are within 24 hours, but the final transaction time depends on the payment processor and the geographical location of traders. Most non-banking payment processors have geographic restrictions, and the LimeFx client portal will only list the ones available to traders. They will call and hound you after your first initial payment of £250 trying to get you to deposit more.

  • So now that I understand it, I totally see the point.
  • LimeFx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, and North Korea.
  • This broker has some really cool features and one of which I like is their copy trading feature.

Clients of LimeFx are offered instantaneous access to indicators and advanced charting and trade futures with CFDs either through MetaTrader4 or WebMetaTrader. Traders will get instant access to advanced charting and indicators and trade CFDs on the MetaTrader4 platform or while using WebMetaTrader, which also provides a user-friendly interface and full functionality. Due to regulatory restrictions, LimeFx does not accept customers from several jurisdictions, including North Korea, Sudan, Cuba, Syria, the US, and Iran.

LimeFx reddit

Mainly I use two ways for transferring money, the first method is through a bank card and the second one is through crypto currencies. Transactions are always fast and I have never encountered serious delays. You can discuss forex and cryptocurrency related news, ideas, strategies and analysis here. You can also expose broker scams you have encountered to warn others not to fall into their trap. FxGecko will be updated daily with broker information and user complaints against brokers, so following it regularly can help you effectively raise awareness of your investment risks.

Trading using a zero-spread account, as long as there are no additional commissions or fees, makes it simple to initiate and exit a transaction without worrying about racking up trading charges. There is always something new to learn every day with LimeFx, the vast educational resources have proven to be the best among all other brokers that offer educational resources. Hi Mrs Pearl Reid,We apologize for the negative experience you had with LimeFx. Our team is committed to providing the best possible service and we will do everything in our power to resolve this issue for you. Please contact us at so we can assist you further.LimeFx ⚡️Empowering traders. We are always trying to improve our website and experiences for our customers.LimeFx ⚡️Empowering traders.

LimeFx reddit

These precautions include guarded paperwork as well as digital safeguards. Foreign exchange, the world’s most common transaction category, is also offered by LimeFx. FX markets enable flexible trading because there are no restrictions on trading volume. Many participants limefx scammers in the foreign exchange market might benefit from the likelihood of making gains by analysing the price movement of trading assets, currencies, and securities. The asset and contract classes that can be traded collectively comprise trading instruments.

Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will get complete access to all trading instruments the broker provides. Being among the best ways to extend their portfolios and add more stability and less volatility, metals trading is one of the most hugely preferred instruments. LimeFx allows its clients to take long and short positions on the price of precious metals and buy or sell CFDs with competitive spreads.

LimeFx has regulatory oversight from the FSA in Seychelles, segregates client deposits from corporate accounts, offers negative balance protection, and has a clean track record. Therefore, traders should consider it a safe broker. The minimum deposit at LimeFx is $50 but may be higher for the more sophisticated account types. Since the trading fees decrease significantly, traders may have to deposit more to access cheaper costs. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.

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