I decided to start with $300 and see how it will go. All in all, affordable trading conditions at fx pro. This broker offered good trading conditions and I decided to stay here to trade.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- In my trading strategy I use small leverages so i do not make much risky trades.
- Once I tried to trade here, I saw no other suitable replacement.
- As for my work here, I can say that this company does not cause me any problems.
- I read an article on as regards to a recovery expert and genius so I reached out to SCAM RECOVERY SITE, and to my surprise I got all bitcoins recovered within 24hours frame.
- Other educational courses are; fundamental analysis, technical analysis, trading psychology, etc.
Besides that, there is a quite thorough guide to technical analysis available atTrading Central. I like how it comes with inbuilt advanced charting and trading tools as well as speedy trade executions. It was developed by ‘Spotware Systems Ltd’ which is a fintech firm with headquarters in Cyprus.
LimeFX general information
The only thing that I don’t like about this broker is that I can’t trade cryptos on a cTrader account. Cryptos are available on other accounts with other platforms. They’ve got really professional customer service which made everything easy for me. LimeFX offers various calculators which help traders to calculate commissions, the margin required, and the total costs of their trades.
Their spreads change so fast, my other friends currently trading with LimeFX always update me. Their spreads could get doubled or even tripled. They’ve thought about switching multiple times but they’re partners with this broker and have a huge following. I’ve been working with them for more than 2 y. I would like to mention the fast execution of orders. I am not a pipsitter and I have not seen any delays in order execution.
Charting capabilities are limited as there are no technical indicators or drawing tools. 2-factor authentication is available to keep your account secure. LimeFX provides Negative Balance Protection for all clients, regardless of their categorisation and jurisdiction. Client funds are deposited in segregated accounts at global banks such as Barclays and Royal Bank of Scotland.
LimeFX Forex Broker
In fact, customer who has no trading experience will most probably lose his first deposit. Of course, beginner will blame broker for his failures. That’s why LimeFX takes care that customers start trading on demo account and can obtain knowledge from training courses. Once I tried to trade here, I saw no other suitable replacement. No matter what level of trading you have, you will find all you need from the first step – education, demo, charts, analysis and news, markets and advanced tech instruments.
Each platform has its own highlights, which the traders can make use of for their trading requirements. For instance, when a trader is looking for no restrictions on stop loss or limit order levels, they can opt for cTrader. The margin requirement is a variable limefx broker reviews element with most brokers. That said, LimeFX regularly updates the margin requirement on their official website. Traders can also calculate the requirements using the LimeFX calculator by choosing the leverage, currency pair, trade size, and account currency.
By the way, this is a practice trading platform. Here you can make a more reliable analysis using indicators and timeframes. I can recommend this broker to any trader as I am not ashamed of it. There are many trading platforms and accounts. I personally like cTrader as it is the most suitable for scalping.
MetaTrader 4 💻
I decided to check everything myself, but so far I only trade demo. I hope that when I open a real account, I will not lose money. What’s more, it offers four trading platforms and six trading accounts that enables me to create a flexible trading strategy using several accounts. I traded with the broker for just two months but my experience was fairly positive. I was mainly impressed by their advanced trading platform dubbed cTrader. From my point of view, in terms of functionality it leaves Metatraders behind.
For example, City Index offers a fantastic, well-organized education that can take an enthusiastic new trader from zero to hero in no time at all. A world-class broker should have great customer service, or as LimeFX calls it, “a five‑star customer service”. MT 4 is the industry-standard platform used by most brokers for its reliability https://limefx.vip/ and recognizability. This platform has a basic set of features and is usually slower than cTrader, but it is considered to be a better option for new traders because of its user-friendly UI. LimeFX is a no dealing desk broker, which means that its clients can trade using the exchange rates that big banks use to trade amongst themselves.
Being able to place a trade with a single click saves time and is especially useful for short term traders. Overall we rated this as a good albeit basic app, which is well suited to beginners and casual traders. scammed by limefx Overall, we rated Edge as a great platform that is suitable for beginners and can cater to the needs of most traders. In our trust category, we place most importance on how a broker is regulated.
cTrader 🌟
This dynamic product suite is available to traders through the MT4/MT5 platforms. Trading Central is considered one of the best trading tools in the industry, and LimeFX does well to offer this tool to its clients. LimeFX offers four different trading platforms to clients. All of the platforms have mobile versions, web-based versions, and downloadable desktop versions. LimeFX has placed an emphasis on delivering fast order execution. According to the website, most orders executed in under 14 milliseconds.
Actually it’s the highest number of platforms I have ever met. Generally, this broker impressed me only by these platforms, which are modernized and simplify trading activity. When i just started to trade things were a bit more complicated. And “by yourself” i mean you could have equities at one account, metals and energies at another and all that due to different broker’s conditions.
- My personal motivation to join this broker was that it’s regulated and it offers fixed spreads.
- I always get detailed and clear answers to any questions.
- VIP account holders receive up to 30% discount on market spreads, access to a free Virtual Private Server and up to 30% lower commissions on cTrader accounts.
- CTrader also adds several features such as the FXStreet Economic Calendar, which gives clients real-time information about global economic events and indicators.
- So, I’m okey with paying 10% higher spreads If I will get more benefits, so it’s some kind of LimeFXs in my future.
The broker offers fast, simple and reliable trading. It also provides a mobile-friendly platform, which makes it convenient for traders who are always on the move. It is difficult to assess the level of the company… On the one hand, this is not a scam, money is withdrawn.
It has MT4 / Mt5, cTrader, EDGE and WebTrader. Each platform has its own separate conditions. These are quite influential organizations in the field of trade and LimeFX.
The FAQ section handles all major questions, but it is good to know that in case of an emergency, a qualified support team stands by to assist. The comprehensive educational section is divided into Basics, Fundamental Analysis, Technical Analysis, Psychology, Trading tests, video tutorials and Webinars & Events. It is a well-designed, interactive course and new traders are highly recommended to take advantage of it in order to broaden their knowledge base.
