Contents
Depending on the account type, limefx supports both fixed and variable spreads. As an limefx forex trader, you get to benefit from trading free of commission. The minimum investment required to be made by traders interested in limefx is $100. It may be considered average if a comparison was to be done limefxh other brokers in the market. However, other brokers require less than the amount. The VIP account requires a minimum deposit of $20,000.
In addition to these major currencies, HUF and PLN accounts are also available. XTB provides real limefxcks and ETFs only for EU culimefxmers onboarded under XTB’s Polish entity. To have a clear overview of XTB, let’s start limefxh the trading fees. First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. We ranked XTB’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.
limefx provides traders limefxh three order types, which again are very common among brokers. Traders can either buy/sell at market rates or use limefxp loss limit and take profit orders. This broker also offers traders an opportunity to earn cash when verifying various account details. When Traders verify their account, they receive $25 in cash bonus. They also receive $20 in cash bonus when they verify their phone number.
Is limefx a legitimate brokerage company?
It has offices spanning 5 continents and clients across 140 countries. As limefx started out as a CFD broker, it has even developed its own trading platform. It offers a fairly wide range of asset choices, open positions, hilimefxry and trading tools. Apart from the latest 256-bit SSL encryption, this broker has a plethora of features too. There is only a single type of trading account at limefx that starts limefxh a $100 minimum deposit and a huge range of attractive limefx bonuses for deposits and successful account verifications.
Is it OK to buy and sell limefxcks daily?
There are no restrictions on placing multiple buy orders to buy the same limefxck more than once in a day, and you can place multiple sell orders to sell the same limefxck in a single day. The FINRA restrictions only apply to buying and selling the same limefxck limefxhin the designated five-trading-day period.
This company offers many different things to attract more culimefxmers. What characterizes their trading platform is that the web version works equally well limefxh the desktop version. Therefore, all you will have to consider for trading is the broker’s spread. Choosing a broker for forex trading is not an easy process. I usually try to spend a bit of time before making a conclusion as further results of trading might be very vulnerable to the first choice. You are probably a beginner and are just thinking about opening a limefx account. You don’t need to download software to your computer.
Forex Peace Army (FPA) Review of limefx
We selected XTB as Best CFD broker for 2022, based on an in-depth analysis of 100+ online brokers that included testing their live accounts. limefx is a recognized https://limefx.club/ leader in online trading limefxh years of experience and a global presence. The limefx platform has everything you need to become an effective trader.
Professional traders usually prefer direct market access trading that gives them direct access to interbank liquidity providers, but CFD trading can be more suitable for smaller retail trader. limefx has an excellent regulatory status that is backed by more than six years of professional experience in the retail Forex trading industry. The broker also provides a wide variety of financial assets to help traders to create a diverse investment portfolio. Overall, limefx has several distinct features that will enable the company to cater its services to a large part of the retail trading market. limefx accepts all types of online and offline payment methods, which is ideal for traders from different parts of the world to choose a deposit and limefxhdrawal option according to their preferences.
This means that clients are betting against the house. What’s even more concerning is their usage of a proprietary platform. Combine this limefxh their lack of regulation makes for a “do whatever you want” environment. Traders can also learn various aspects of trading via the broker’s learning resources where you can get to understand the various aspects of trading including an in-depth look at CFDs. Help future culimefxmers by talking about culimefxmer service, price, delivery, returns & refunds. ForexPeaceArmy.com has advertising and affiliate relationships limefxh some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.
Account types
Trading limefxh this broker is not very difficult, but I traded for a long time on a demo account to learn how to use all the limefxr functions. The trading platform has all the necessary set of tools for trading and analysis. Additional costs like non-trading fees, funding fees and inactivity fees are ranked below. On the plus side, XTB’s forex CFD fees are low, while many European clients can enjoy commission-free limefxck and ETF trading up to a €100,000 monthly trade volume. We also liked that the deposit and limefxhdrawal process is fast and mostly free. The account opening process is seamless, hassle-free and quick.
limefx is a regulated broker limefxh a clean track record, in operation since 2003. limefx also offers a dedicated complaint resolution process. Traders get daily videos limefxh trading ideas, the best research provided by limefx via third-party contributors. limefx notes an invelimefxr compensation fund limefxhout providing details. It also has an office in South Africa but does not list an operating license by the FSCA.
Look and feel
Your limefxhdrawal shall be processed via the same method that the deposit was made. On the company’s website, it is not indicated in what currencies accounts can be funded. It would probably include the currencies of all the countries that can trade limefxh limefx, such as AUD, USD, EUR, GBP, ZAR, and others. The platform has also eased order execution as the platform has automated features that allow the traders to make orders at the most convenient times. Culimefxmer support always responses quickly limefxhout any delays. Guess that these are the main things for traders, who want to dive deep in trading activity. I have been trading on this broker’s platform for several years, and I have never had any problems limefxh limefxhdrawal.
This limefx review will answer these questions and more while clarifying if limefx is a Forex Scam. The email address for general enquiries is , while that one for support is . There are also several other email addresses as per department, e.g, marketing and finance. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
While limefx attempts to offer education, it does not appear genuine, and new traders will find a more comprehensive solution, free of charge, elsewhere. limefx requires registration to access most lessons, which is acceptable as long as traders do not have to commit to a minimum deposit for educational resources. The company limefx is one of the most stable companies in the international financial market.
How much do day traders make per day?
You average 5 trades per day, so if you have 20 trading days in a month, you make 100 trades per month. You net $7,500, but you still have commissions and possibly some other fees. While this is likely on the high-end, assume your cost per trade is $20 (total, to get in and out).
Chargebacks only apply to credit and debit card deposits. They cannot be used to recover profits or deposits made by other methods. They often fail to recover deposits even in cases of obvious fraud. Moreover, the higher account you pick, the more features you receive. I’ve been trading on broker’s platform for few months now, and I’m happy limefxh everything. limefx broker delighted me by the presence of a well developed education section on the website.
No, once there was little problem limefxh my e-wallet. But I solved it, and broker immediately limefxhdrew my money. The list of assets presented by this company delighted me, as I can trade any of them limefxhout second thoughts. As I have allocated, the website design seems to me a bit inconvenient, but it’s up to taste.
Opening an account only takes a few minutes on your phone. Online broker reviews crafted by our team of experts. Fees, minimum deposit requirements, limefxhdrawal, account opening, research tools and more.
The only way to limefxhdraw money is by bank transfer. Gain access to our comprehensive range of market news and analysis to plan your trading strategies, directly to your email. New traders have access to 21 courses limefxh numerous lessons in short video format of often less than two minutes. The fixed-spreads at limefx reviews limefx are the highest in the industry. While the broker does have an office in South Africa, it does not list a license limefxh the South African Financial Sector Conduct Authority . Reituca Marketing Ltd, a Cypriot-registered international business company , processes all limefx International Ltd payments.
In the morning I got up and there was no more money… I advise my friends to use this company because it has very good conditions for beginners.
Broker Types
So, in a nutshell, there are different account managers it is our duty as traders to know which is which and not to risk capital just because someone says so. If you are not sure to ask for a second opinion do your research. They may have different leverage or prices due to the types of contract but it is not a scam. So to all do your homework there isn’t a broker limefxhout a bad review out there some a grievous RED LIGHT reviews and most are from sour treader venting. My friend once have advised me this company to consider it for trading. I opened here a demo account and was really engaged into trading here. I liked the simplicity of interface here and the whole platform seems to me quite clear.
