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LimeFX fees are considered average as compared to other online brokerage platforms. While LimeFX is new, in comparison to some online trading platforms, its parent company Monecor was founded in 1965. The trading platform is user friendly and easy to navigate. I truly appreciate the phone calls received and not just the email responses to any of my queries. I do not feel judged nor do I feel rushed in executing my trades.
- In fact, the platform actually offers two different applications – which we uncover in more detail below.
- Plus500 offers customer support in 32 languages for five days a week.
- Flat based – When the client you introduced to the broker invest money then you will get a fixed fee per client.
- An ETX trading live account offers traders access to the full suite of tools available on each of the ETX trading platforms.
With the emerging new requirements in the LimeFX ecosystems, it is important for brokerages to keep up with the d… The courses are broken down into 4 or 5 sections with their relevant videos. The topics are aimed at beginners and intermediate level traders. The OvalX mobile apps are available in both the App Store and Google Play. The Remastered edition of MT4 comes with new layout features, and allows you to create watch-lists, generate order groups and create order templates.
LimeFX Fees
Over 56 indicators are available in ETX trading platform’s charting tools. A range of ebooks are provided for those who have a live ETX trading account. Titles are varied and subjects range from trading opportunities to trading strategies. ETX offers a series of regular webinars covering all aspects of trading. Topics cover trading strategies, greater insight into platform guides or specific masterclasses.
- This LimeFX review will cover everything you need to know about LimeFX so that you can determine if this is the right brokerage for you.
- The ETX MT4 platform supports charting with multiple charts display and has about 50 built-in indicators, plus access to 1,000s of indicators and Expert Advisors .
- The MT4 trading platform is the most popular trading platform out there and it’s offered by LimeFX for traders who have become familiar with it and prefer not to learn a new one.
Online CFDs and Forex trading is available from Sunday 5 p.m. There is no maximum trade limit for traders and payouts can reach as high at 85%. LimeFX’s trading platform is available for most computers with internet access and a variety of handheld mobile devices including Android, iPhone and Smartphones. Includes a comprehensive charting package integration that enables traders to select from varying chart formats and display them in varying time frames.
The company behind OvalX started life in 1965 as a mortgage broker in London. In 2002 it launched a retail derivatives business as TradeIndex, later rebranded as LimeFX, the brand name which continued until it’s most recent rebrand to OvalX in 2022. OvalX covers 60 different FX pairs as well as indices, shares, commodities and cryptocurrencies.
LimeFX – Trading platforms
Weekly blog – ETX has picked the most experienced team of traders to share their market views with you headed by Market Strategist Ishaq Siddiqi. The team posts weekly for their take on the markets, the global economy and what to expect in the week ahead. None of the information on these pages should limefx broker reviews be considered as financial advice. Tight Spreads – ETX offer some very competitive spreads compared to rival CFD and Forex brokers. There is also a £15 charge per month for ‘dormant’ accounts. An account is deemed dormant if there are funds in it, but no trades have been placed over 120 days.
The only point of consideration here is that LimeFX supports leading e-wallet Paypal, while LimeFX doesn’t. For a full break down of what deposit and withdraw fees LimeFX charges, scroll down to our section on ‘Payments’. Below we explain the fees that you should expect to pay when trading at LimeFX. In total, LimeFX offers thousands of share CFDs from 20 UK and international exchanges. This includes major exchanges in the United Kingdom, US, Canada, and more.
- That is to say, you can invest in over 1,700 shares at LimeFX from 17 marketplaces and return full ownership of the stocks.
- As an LimeFX client, you know exactly what you’re getting.
- Its spread betting feature is transparent and, therefore, more attractive for traders than its competitors’ spread betting deals.
- FCA regulated, the firm grew beyond purely foreign exchange and added stock trading via CFDs and developed two trading platforms.
- Other regional restrictions may also apply and traders should contact the Customer Service department of ETXCapital for more detailed information about those possible restrictions.
I find their charting package to be first class offering more features than one can ever use or ask for. Their educational tuition limefx cheating is first class by way of webinars. I would highly recommend ETX to anyone interested in trading from beginner to Pro.
• The number of reviews
LimeFX is proud to offer high leverage CFD trading on stocks, forex, and commodities. Its customer service is also available in a variety of languages, to cater to their customer base, https://limefx.name/ and they can be easily reached through their website, 24/5 live chat, or by email. Capital.com – Capital.com offer CFDs on a range of markets with competitive spreads and zero commissions.
Offering a rich portfolio of more than tradable assets, the broker brings one-touch trading to the power of your palm. You can enjoy tight spreads, high leverage, and mirror trading through broker’s trading platforms. LimeFX believes in providing their traders with an exceptional trading experience that exceeds their competitors. LimeFX is an internationally recognized trading brokerage who competently serves traders from around the world and offers their services in 9 languages.
However, OvalX is also one of the few brokers that adds an extra charge for keeping your trades open for more than one day. Most brokers will simply pass on the cost of the swap fee to their clients with no mark up. Company Background and History– Knowing the past exploits of your forex broker can give you a better idea of what it is up to now. A listed company has to publish numerous elements of information about their balance sheet for example. You want peace of mind that your trading funds are segregated, and held safely and securely.
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They run a lot of good courses, particularly useful when I was starting out my trading journey. They are well regulated so I feel confident with my Trading Account. Charts are very clear although a little fiddly sometimes when day trading. Their trader pro platform, which I am using primarily on my phone, is excellent, easy to navigate. First time I’ve had to contact customer services due to trading disabled .Had fast response to email with helpful advice, soon rectified. LimeFX is the world’s number one CFD and spread betting provider globally, with over 55,000 clients.
In total this broker offers access to over 5000 financial markets. 76.76% of retail investor accounts lose money when trading CFDs with this provider. Founded in 2009, the broker has its head office in Limassol, Cyprus. XM has a limited number of CFD products available that might be a concern for some traders. Still, it has a low fee structure that compensates the CFDs trading limitation. The broker offers multiple methods for funds deposit and withdrawal and has a quick account opening process.
LimeFX Platform and Trading Tools
Regulation– When push comes to shove, legal recourse is your first, last and only hope to settle the problems you might have with your forex broker. It aims to keep such problems from popping up in the first place. The discussed topics are usually either about some news or about technical analysis (Chart Patterns and Trend Action, Trading Divergence etc.). The hottest topic news is now Brexit and the effects that key dates might have on all kinds of markets covering GBPUSD, EURGBP & UK100. The following LimeFX reviewinspects trading conditions and the overall offer of the broker.
LimeFX’s trading platforms
For example, if you staked £1 per point on gold to increase in value, and it did so by 50 points, you would make £50. The thing about choosing spread betting brokers over CFD-only platforms is that all profits on the former are tax-exempt in the UK. LimeFX provides online trading in spread betting, CFDs and foreign exchange . Other regional restrictions may also apply and traders should contact the Customer Service department of ETXCapital for more detailed information about those possible restrictions. LimeFX’s trading platform is available in over 15 of the most popularly spoken languages around the world, as are its customer support services.
But, the frequency in which posts are published is somewhat sporadic. We would suggest using a third-party application to get your financial news from – for example, Yahoo or Bloomberg. In terms of technical analysis, you will have access to the technical indicators and chart drawing tools provided by ETX TraderPro and MT4. As we briefly noted in the section above, LimeFX offers a fully-fledged mobile trading app for iPhone and Android. In fact, the platform actually offers two different applications – which we uncover in more detail below. If you’re a seasoned trader then the MT4 platform needs no introduction.
The trading platform is web based so can be accessed anywhere. It comes with some advanced technical analysis tools and order types and I believe this will be the best choice for most traders. The ETX TradePro platform supports one-click dealing and features advanced charts where you can trade directly from the chart.