You should be aware of inactivity fees, which begin after 61 days of inactivity and can be a little hefty. While these fees are higher than many of LimeFx’s competitors, our reviewers found they are easy to avoid. Simply make a single trade each month or close your account. 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.

The monitoring authority also addresses disputes and claims if the CFD broker fails to resolve them to the satisfaction of its clients. Besides the above training material, you could sign up for the webinars that the broker conducts frequently. The broker states the webinar topic/s in advance, so if you find something interesting, go ahead and register.

Meet GensoKishi Online, the GameFi Disruptor in 2022

Gold level traders receive a 25% swap discount, while Platinum level traders receive a 50% swap discount. If you want to invest in markets outside the US, LimeFx offers index CFDs. There are 15 indices available, spanning North America, the UK, mainland Europe, and Hong Kong. Spreads can be as low as 0.32 pips and exceed 2 pips only for a few index CFDs. Yes, LimeFx is a trustworthy and well-established broker.

74-89% of retail investor accounts lose money when trading CFDs. You should ensure you are aware of the risks involved in trading and if you can afford to take the high https://limefx.biz/ risk of losing your money. LimeFx follows all the existing trading market standards. In fact, the broker offers traders access to a popular trading platform.

Always verify that your broker, is licensed by your local financial regulator. This broker has over 250 total instruments available for their traders, putting them in the same ballpark as other brokers like ETFinance. While the offerings are decent overall, the broker shows a strong focus on CFDs over forex. The CySEC regulated broker LimeFx provides online trading in both forex and CFDs. The company that operates the broker is FXBFI Broker Financial Invest Ltd. When it comes to trader protection, investors can be assured that their deposits are safe with the CFD broker.

Desktop App MetaTrader 4

101 has a great mobile app that I use regularly. The site sometimes freezes, but everything works fine in the application. Trading is also quite simple and straightforward. We look for specific features such as customizability and trading signals. To give an overall view of how cheap or expensive NAGA.com and LimeFx are, we first considered the common fees on Standard Accounts.

Tutorials – The tutorials cater to individuals who are new to the MetaTrader platform. The topics include the MT4 desktop and mobile app. VOD – This section comprises short videos of about a minute on the basics of trading, market analysis, trading terms and a run-through of the MetaTrader platform. If you wish to sign up with LimeFx, make sure that you either reside in the UK, Switzerland or the EU countries in which the CFD broker operates. This is because LimeFx is currently focusing on clients only from this region – others are not encouraged. LimeFx has fast order execution via Metatrader 4 and trading does not run on a slow web platform like LimeFx.

Customer Service at Investing101

WebTrader is a trading platform that enables traders to have access to the market without needing to install extra applications to their devices. It can be accessed from a computer with a web browsing capability. When it comes to platform design, the platform can be easy to use and navigate.

As you can see, the list of financial instruments offered by LimeFx is pretty comprehensive. However, broadly speaking, this has almost become a standard package available on nearly all of the CySEC-regulated CFD brokerage platforms. Therefore, the platform doesn’t have anything special to offer on that front. LimeFx accounts can be managed entirely online, from any device, using the desktop or web-based version of the platform, or the mobile app. You can trade forex, stocks, indices, commodities and cryptocurrencies with LimeFx. All tradeable instruments are available as CFDs.

Explore your best chances on markets whenever you have a free minute. It features many advanced trading tools, a customizable limefx website interface, editable indicators, and much more. Used by many traders, it will surely help to shape your trading experience.

What really sets this brokerage apart for us is the wealth of trading tools it offers. While we’d like to see more technical studies made available in WebTrader, the platform’s ease of use and flexibility makes up for any shortcomings. On top of that, LimeFx offers helpful tools like an in-depth market news feed and an integration with SignalCentre to help you trade better. Each version of MT4 available at LimeFx offers a wide range of technical tools. This includes 4 pending order types, 24 analytical objects, and an extensive array of indicators. The platforms are all customizable too and support the use of automated trading robots and expert advisors.

Demo account

Additionally, LimeFx is a member of the Investor Compensation Fund. LimeFx is a new, yet well regarded, forex broker that has been operating since 2020. Based in Cyprus the broker owned by FXBFI Broker Financial Invest Ltd. It caters to clients in the EU, EEA, and Switzerland under a license from the Cyprus Securities and Exchange Commission . If the traders account is inactive for a period of over 271 days, the fee charged by the broker is 500 pounds per month. If the traders account is inactive for a period of over 181 days, the fee charged by the broker is 200 pounds per month.

Our LimeFx reviewers found this was both straightforward and quick, as the broker offers multiple payment methods and does not charge depositing fees. To fund your LimeFx account, you can use credit and debit cards, SafeCharge, Skrill, eMerchantPay, and Worldpay. You can also deposit via bank transfer, although this has a significantly longer processing time.

• The platform has an overall good reputation online, with users on various chatrooms and review sites saying that they are satisfied with the services on offer.
• Our LimeFx reviewers found that the whole process takes around minutes.
• Important to realize is that if you can’t access the platform quickly, you are wasting time and money.
• In addition to these live accounts, LimeFx allows you to open a free demo account.

A fee of $50 for insignificant or zero trading activity before placing a withdrawal request. Our experts have assessed this broker but could not confirm if LimeFx is safe. LimeFx.com is regulated under the CySec regulation. Traders who would like to find out more about this can obtain further information on the CySec site. One of the best brokers I’ve worked with. It was thanks to 101 that I was able to survive the pandemic quite comfortably, because it was trading that gave me a source of additional income.

nvesting Review: Key Features

When our experts analyzed the specific costs of both brokers, we found that LimeFx is the better option. In the tables below, you can compare the features of NAGA.com and LimeFx side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked LimeFx higher than NAGA.com.

The app is accessible on a wide range of smartphones and tablets, and the functionalities are similar to the PC version except for the algo trading feature. Besides the live news, users can access all the other attributes. Stock CFDs – 75 major US stocks with zero commission and low spreads. These include Facebook, Boeing, Alibaba, Berkshire Hathaway, Cisco, eBay, Intel, Microsoft, Pfizer, and more.

These materials help the users to forecast various asset prices, market analysis, and several more. Metatrader4, which is a globally recognized trading platform for mobile, web, and PC. It also offers educational resources such as tutorials, videos, courses, and articles. It provides an economic calendar and an earnings calendar, which is seen on the broker’s website. As mentioned above, leverage is already higher than accepted among EEA zone-regulated companies.

I mean it was good, but now it became a shameless broker. They manipulated the price and closed my positions arbitrarily, like lime fx many other brokers. THIS 101 INVESTING HAS NO HEARTS NOW. The MetaTrader 4 platform is a popular choice among traders.