Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. The best customer service includes online support as well as email and telephone assistance. 101 Investing does not run any kind of Forex Trading Contests. Forex Contests can be performed for brokers who offer them to traders to profit on contest winnings. Leverage is the means by which Forex traders can increase their trading position by borrowing additional funds from their broker. Leverage is expressed as a ratio and can enhance potential profits, but also potential losses.
Gold accounts offer the same advantages as the Silver account, yet spreads start from 0.05 pips. You’ll also receive a swap discount of 25% and a dedicated account manager. The minimum deposit remains at 250 USD or equivalent. LimeFx scores a ‘yes’ from us on most of the above.
When it comes to safety, LimeFx constantly puts great effort to maintain a safe and transparent trading environment. Our reviewers will show this works to protect your funds at all times. LimeFx also offers the MetaTrader 4 platform, making it a perfect fit for those who love trading on both desktop and mobile.
Hence, you should consider whether or not you fully understand how CFDs work and make an informed decision on whether you are willing to take the high risk of a substantial loss. Between 74% -89% of retail investor accounts lose money when trading CFDs with this provider. Between % of retail investor accounts lose money when trading CFDs. LimeFx offers a web trader platform for its users.
Pure Forex traders will want a broker that provides a wide range of currencies, including both majors and minors, as well as exotics. 101 Investing offers a user-friendly and accessible trading platform and website, with access to a wide range of over 250 instruments that can be traded on the popular MetaTrader 4. Yes, 101 Investing offers traders the option of trading indices on the Nasdaq 100 Stock Index. The Nasdaq is one of the biggest stock exchanges in the world. Based in America, it lists the 100 leading global companies by market capitalization. MetaTrader 4 is a popular trading platform that was developed by MetaQuotes in 2005.
Customer support at LimeFx
I am trading with ease and confidence. Tools and services are limefx company reviews both efficient. I will be keeping this broker for good.
This broker is far better than any other broker I knew off. I get approximately 15 to 20 percent monthly profit and experience really good services. I find the trading services amazing. Their signals are always profitable and withdrawal is fast.
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Our reviewers were happy to find that LimeFx respects these rules and, instead, offers accessible trading services. If you are a Muslim trader, you’ll also appreciate that Silver, Gold, and Platinum accounts can be converted to Sharia-compliant versions. Islamic accounts at LimeFx do not have swap fees, time limits for holding positions, extra overnight fees, or commissions. LimeFx does not offer any trading bonuses to clients as this is prohibited by regulations. Our review team was pleased to find that the broker takes this responsibility seriously, and instead chooses to focus on offer fair terms and conditions to everyone. One of LimeFx’s top priorities is the security of clients’ funds.
The broker does not charge commissions and deposits fees, although the latter may be charged by your payment provider. Spreads start from just 0.03 pips and swap fees are in line with the industry average. Gold and Platinum accounts come with discounts on swaps and tighter spreads, however. During our research, we did notice some negative feedback about the platform on a handful of online forums and review sites. But this is not unique to LimeFx. Sometimes regulated CFD trading platforms receive these complaints because of the delays that might happen.
Most payment methods are instant. Our review of LimeFx found that the broker does not offer you any promotions or bonuses when you open an account. Luckily, this is because LimeFx complies with industry standards and regulations, which prohibit brokers from incentivizing CFD trading. CySEC is considered to be a tier-one regulator, thanks to its stringent approach. This means that, when you trade with LimeFx, you can rest assured that the company has followed strict guidelines. For further peace of mind, the company is a member of the Investor Compensation Fund.
However, spreads vary but the lowest one you can get is 0.7 pips on the Platinum level. After all, fees are charged only for withdrawals with some methods. The company states that they don’t charge inactivity or deposit fee. LimeFx charges spread and swap fees.
ForexFraud.com is an affiliate partner with various brokers and may be compensated for referred Traders. All reviews remain unbiased and objective and immediate action will be taken https://limefx.group/ against any broker which is found to be in breach of regulation. These partnerships have proven to be great aids in the furthering communication between brokers and our visitors.
In this review, LimeFx will be looked at further, and some of its features and charges will be explored in more detail. There will also be more information about its position in the regulatory landscape. LimeFx is a regulated, Cyprus-based broker operated by FXBFI Broker Financial Invest Ltd. While there is never any guarantee that a broker is being fully honest and above board in what it says, it does appear that at present, LimeFx is a legitimate broker to use.
However, the pros outnumber the cons by a wide margin. Although LimeFx has limited its client base to individuals residing in the EU, if you are one of them, then this broker is worth a look. Inactivity fee – These come into effect if your account remains inactive for 60 days. The fee starts at €80 and can go up to €500 if the account is dormant for over 271 days. While the product mix is right, the broker could have included some more share CFDs from the other major markets such as Europe, the UK, Australia and Japan.
Brokereo Review – An In-Depth Guide to Top Forex Broker
I am so much thankful for the good services and great trading tools. These had helped me succeed in trading online. I have finally found the best broker to trade forex. They have reliable services and signals. Very professional trading broker.
As previously mentioned, spreads become progressively thinner as you move up from SIlver to Gold and then Platinum accounts. As with most regulated CFD trading platforms, you can withdraw funds only to the source account that you previously used to fund your LimeFx wallet. Proof of experience in the financial sector as a professional with enough exposure to the services and financial instruments offered by LimeFx. As you can see, the list of financial instruments offered by LimeFx is pretty comprehensive.
So, LimeFx is safe for trading. A fine financial conduct authority puts a stamp of legitimacy on LimeFx. It is a wireless technology that secures trading online with easy access through mobiles.
- Ideal broker for long term traders.
- We also bring you the most comprehensive forex broker reviews.
- It can be slightly overwhelming at first.
- The payment service providers of FXBFI Broker Financial Invest Ltd include Inpay, eMerchant Pay, Trustly, KoalaPays, UPayCard and SafeCharge.
- Excellent customer service and good withdrawals.
It also carries a risk warning, explaining that contracts for difference are complicated financial products, and also explaining the risk level involved. SignalCentre provides all the information you need to make a trade, including the entry point, price targets, and stop loss level. You can easily sort trading signals by their expected duration or asset class, making it easy to limit the scanner to only trades that fit within your broader strategy. Another important shortcoming is that WebTrader only offers around 30 technical indicators and drawing tools. Most key technical studies that traders commonly rely on are available, but this was still disappointing given that many of LimeFx’s competitors offer over 100 indicators. LimeFx does not charge any fees or commissions.
I am so much thankful to the staff who are very patient in helping me place trades. Easy to use and very efficient in organizing trading portfolios. I am willing to recommend this broker to everyone. Easy and fast withdrawals, professional, and easy to deal with people.
They have been my favorite broker. Signals are good and withdrawal is fast. I prefer to trade with this broker. I would gladly recommend this broker to everyone. Signals are reliable and withdrawal is quick. I am impressed with their dedication and perseverance to help me succeed.
Customer service is clearly important to the team at LimeFx. The broker’s website lists three different ways that customers can get in contact with customer assistance teams if required. LimeFx publishes a long list of fees on its website, and traders are advised to take note of these before opening a trading account with this broker. This broker also offers a range of cryptocurrencies to trade.
I am gaining an average of 8 to 10 percent profit and withdrawal is very fast. Here is where I get the best support, the best services, and the most profit. Superb limefx review customer support and smart brokers. I am impressed with both signals and services, they outperform most of the brokers. Perfect LimeFxpany to trade with.