LimeFx Review

On the flip side for a sideways bias we would require gold’s price to remain confined between the 2380 (S1) support line and the 2470 (R1) resistance level. Lastly, for a bearish outlook we would require a clear break below the 2380 (S1) support line with the next possible target for the bears being the 2330 (S2) support level. We limefx courses scam opt for a bullish outlook for the commodity’s price and supporting our case is the commidity’s recent price action, upon which it is currently attempting to break above our 78.00 (R1) resistance line. However, the RSI indicator below our chart currently registers a figure near 50 , which tends to imply a neutral market sentiment.

SCAM company

The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone. Alongside advanced functionality, ultra-fast execution and a user-friendly interface, MT4 is the ultimate choice for online forex trading. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade.

MetaTrader4

They also offer the free LimeFx Research app, which has no trading functions. Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including weak customization and limited conditional orders. The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed.

I took the advice to choose one…

• FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade.
• This website is not directed at UK residents and falls outside the European and MiFID II regulatory framework, as well as the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook.
• The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings.
• In tomorrow’s Asian session, we note Japan’s Reuters tankan non-manufacturing index figure for August.
• A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format.
• They charge a $50 fee after one year of account inactivity and “reserve the right” to charge a hefty 3% of “deposited funds” for an undisclosed period in which funding or withdrawals are made without trading activity.

Access your trading account anywhere, at any time, reduce, or even eliminate, downtime and speed up your trading journey. While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. Luke Jacobi https://limefx.vip/ is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations.

Trade Smarter with LimeFx Academy

With over 3 decades of capable reliability, the MetaTrader 4, also known as MT4, is an online trading platform used by both novice and experienced traders. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures.

Get a Forex Pro on Your Side

The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021. This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition. Notesco Limited is registered in Bermuda with registration number and registered address of Ground Floor, Swan Building 26 Victoria Street, Hamilton HM 12 Bermuda. The group also includes CIFOI Limited with registered office at 28 Irish Town, GX11 1AA, Gibraltar. Notesco Limited is registered in Bermuda with registration number and registered address, Ground Floor, Swan Building 26 Victoria Street, Hamilton HM 12 Bermuda. Success in online trading and investing depends on proper planning based on solid information and useful market insight.

This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. LimeFx has a negative balance protection policy in place to ensure that its traders’ margin balance does not fall below zero to ensure that traders will not acquire further debts as a result of losing trades. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account.

Forex market hours are flexible and allow traders to trade currencies 24 hours a day, five days a week, except weekends. Taking advantage of this unique feature, when one market closes, another remains open, increasing therefore the liquidity available in currency markets. Currencies are always traded in pairs, so each currency’s value interrelates with the value of the other. With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader. The MT4 Webtrader is a 100% web-based platform, which offers the same features and functionality as the downloadable version. Being a modern HTML5 application, it runs without requiring any additional browser plug-ins or add-ons.

Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading. All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations. Our editors independently research and recommend the best products and services. You can learn more about our independent review process and partners in our advertiser disclosure. The method you used for depositing funds is also generally the same one used for withdrawals of profits and any remaining account balance. To access this feature, you must apply for a bank withdrawal from your client portal.

Also, pricing for most services is slightly higher or on a par with other major forex brokers. The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market. LimeFx lets clients trade multiple markets on an Electronic Communications Network (ECN) and also offers an AutoTrade copy trading platform for social traders. An extensive website section is devoted to trader education, which makes LimeFx suitable for beginners. For our bullish outlook to continue, we would require gold’s price to clearly break above the 2470 (R1) resistance line, with the next possible target for the bulls being the 2520 (R2) resistance level.

The platform will also provide you with fully transparent activity reports and live monitoring of market prices and forex rates. LimeFx, a pioneer in the forex industry, provides its traders only with tested, proven and always updated technological solutions from which they can yield competitive advantages when trading the international financial markets. There is a multitude of available trading platforms with distinct features, focusing on different methods of trading or specific financial assets. Explore the safest trading environment with fast execution and no requotes. With over 3 decades of capable reliability, the MetaTrader 4 , also known as MT4, is an online trading platform used by both novice and experienced traders. Having well established itself as an industry standard and combining intuitive features and functionality, the MT4 platform includes everything a trader needs to succeed in online forex trading.

Nonetheless, for our bullish outlook to continue we would require a break above the 78.00 (R1) resistance line with the next possible target for the bulls being the 83.45 (R2) resistance level. On the flip side, for a sideways bias we would require the commodity to remain confined between the sideways moving channel, defined by the 71.50 (S1) support line and the 78.00 (R1) resistance line. Lastly, for a bearish outlook we would require a break below the 71.50 (S1) support line with the next possible target for the bears being the 64.10 (S2) support level. LimeFx provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves.

Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. For Forex Trading and other CFDs, MetaTrader 4 is the yet unmatched leader of trading platforms and the most popular choice of online traders and investors. Gain instant access to over 200 instruments from 6 different asset classes; all on a single platform.

75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Today, LimeFx continues to solidify its position in the trading industry, governed by transparency and a deeply held commitment to its clients. LimeFx does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea. Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions.