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User-friendly interface and customized profile are the most solid base for efficient and promising market performance on any chosen device. AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to your information will be removed. The Financial Authority of Cyprus regulates limefx and it operates with FXBFI Broker Financial Invest Ltd, which is the parent organization of limefx. Moreover, they are registered with MiFID , which implies that the user’s funds are secure even if the organization goes bankrupt.

If the account is inactive for 181 days, the inactivity fees per month are 200 Euros. If the account is inactive for more than 91 days, the inactivity fees per month are 120 Euros. In cryptocurrency, it offers more than 50 assets, which include some of the most popular cryptocurrencies like Bitcoin and Ethereum. It offers Metatrader4, which can be accessed through mobile, web, and desktop to analyze, buy, and sell various market assets.

In addition, traders can know and analyze the market within the mobile applications and devices they use. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should limefx official site consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It comes under the regulation of Cyprus Securities and Exchange Limited. It offers a wide range of assets to trade CFDs such as foreign exchange, cryptocurrencies.

Commissions and Spreads?

limefx also offers a wide array of educational resources, which makes it a great choice for first-time traders. You can access limefx’s platform by web, desktop, and mobile, making it easy to stay on top of the market and trade from anywhere. This platform can be used to execute the trades and helps the user analyze the financial markets easily.

Traders can go for all common soft commodities like livestock and agricultural products. Up next, you will receive a questionnaire designed to assess the level of trading skill and experience you have. Note that it doesn’t really matter if up until this point you haven’t had much exposure to CFD trading. Think of it as more of an internal assessment that the platform can use to serve you better.

CFD Trading With limefx: Pros and Cons

When trading, the only fees you’ll face are CFD spreads – which, as we’ve noted, are typically well below the industry average whether you’re trading stocks, forex, or commodities. You could pay swap fees, but these only come into effect if you hold leveraged positions overnight. Professional traders can apply for limefx’s Pro account, which offers expanded leverage options and VIP support. limefx offers 48 different forex pairs, including all of the major and minor pairs. Although you won’t find many exotic pairs through this broker, the vast majority of traders won’t miss them.

• One of the most unique features is, it offers an economic calendar that can be accessed from this broker’s website.
• You’ll find most of the big tech stocks and financial firms, plus some legacy automakers and other names from the S&P 500 index.
• There are various tools, and technical and fundamental analyses to research the market and plan before investing.
• On the technical side of things, the platform uses the MetaTrader 4 platform, though it could implement more features for safeguarding individual user accounts.
• MetaTrader4 provides traders with the facility to customize the platform as per needs, and other than this has many features like market order execution modes for future trade decisions.
• The various retail investor accounts have features that make trades more convenient and easy.

I like the limefx financial instruments range which consists of commodities, forex, indices, etc. MT 4 platform and the mobile trading app is available to get access your trading account from anywhere. Between 74-89% of retail investor accounts lose money when trading financial derivatives.

The Platinum Account from 101 Investing has a more comprehensive range of features that include access to webinars/videos, a dedicated account manager, and news alerts. Additional features of the Platinum Account are listed below. Beginner traders will benefit from the section on trading strategies, while intermediate traders will benefit from topics on trading psychology and analysis. Each of these resources will cover different topics that are relevant to Forex trading, providing a diversified approach to trading education. Included in these topics are trading psychology, capital management, market analysis, and beginner trading strategies.

To open a Forex Trading account with 101 Investing, a trader should follow the steps below. In terms of its safety protocols, 101 Investing provides high-level data protection including strong firewalls and Secure Sockets Layer encryption on the MetaTrader platform. MT4 has hedging, expert advisors, time frames, charts and patterns, strategy making, technical and fundamental analysis of the market, indicators, and stop-loss facilities. So much within the software, and it is readily available on devices such as Android and iOS.

Our recommendation: Trading at limefx Experience and Test 2022

In Europe, 101 Investing offers cross-border investment services as a regulated Forex broker Europe. This page requires traders to pay the initial deposit amount to start trading. Traders can invest with platinum accounts and gain the benefits of the advanced services of the broker.

It is easily used through WebTrader and is available for use 24 hours a day. Traders are supposed to answer the questions relating to past trading experience and skills. With the proceed button, the trader moves to the next page that contains questions.

Advantages and disadvantages of limefx Experience and Test 2022

limefx claims that it is regulated by the Cyprus Securities and Exchange Commission with regulatory license of 315/16, but it has been verified that this license is a clone one. Open CFD positions incur overnight fees each night, Monday through Friday, for the duration of their holding period. On Fridays, most stock, ETF, and index CFD traders are hit with a threefold increase in their weekend fee. limefx CFD positions that remain open overnight are subject to a nominal limefx charge that is proportional to the value of the limefx position. limefx supports the Forex, Commodities, Indices, Stocks, CFDs, Cryptocurrency withdrawal methods. Available limefx deposit methods may differ depending on your country of residence.

limefx provides a handful of research and analysis tools that give clients of this platform a valuable edge. Spreads for commodity trading at limefx are surprisingly low. Brent https://limefx.group/ crude CFD spreads are as low as 0.03 pips, while gold trades with a spread as low as 0.37 pips. Comparebrokers.co needs to review the security of your connection before proceeding.

• limefx is a well-established broker, suitable for different types of investors, but the use or navigation through the platform may be more difficult for some traders.
• Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.
• The customer support team of limefx brokers is available 24/5 to assist traders.
• The account is intended for persons who hold religious convictions.
• The Platinum Account is a safe sanctuary for experienced traders who want to try their hand at trading and invest a more considerable sum of money in the financial markets.
• There is a free demo account that will train novice traders with the use of virtual money and practice live trading.

With the initial fund deposit, traders can start online trading in the market. Leverage is the ratio provided by the brokers to the clients. The ratio is significant as they give a higher position to traders in the market or trading financial instruments.

nvesting Broker Essential Features:

While charging spreads and overnight fees are standard, leaving your account without control can be quite expensive. You can open a demo account to experiment with the trading platform and its various features. The MetaTrader 4 platform is a popular choice among traders. The platform provides a fast, seamless, and flexible trading experience, with a range of advanced features to suit different trading styles.

nvesting Leverage Fees

If you’re afraid, start small, but if you’ve rehearsed enough with your demo account, you’ll feel more confident making bolder moves and taking more chances. As you study and explore forex trading with a legitimate broker, you may learn to develop a preference for certain currency pairings whose movements you find easier to forecast. For instance, Swissquote is a fantastic website for advanced-level traders but charges relatively more, which is not suitable for beginners. limefx and limefx are two notable brokerage firms for novice traders. In the third step, you will be asked about your trading experience, net worth, and the source of your funds as part of the on-boarding questionnaire. The entire process will take you just a few minutes to complete.

Trending Brokersaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market. limefx is offering more than 45 currencies pair along with 50+ popular cryptocurrencies and many more. The thing I do not like is the broker is offering very little leverage to their retail account investor. According to me, the account opening process is a little bit complicated.