I like the dealCancellation it is easyyou just click on the green tick to turn it on. Price depends on what trade you making like high volatile ones or popular ones is more expensive but still a lot cheaper than losing all your money. You got 60 minutes to use it but you pay anyway so you might limefx forex broker as well use it once you activate. I use it for a lot of my trades now because it is cheap and saves me a lot- its a kind of an insurancealso you can add with stoploss if you still worried. All reviews represent only their author’s opinion, which is not necessarily based on the real facts.
Traders with a large trading capital can open a VIP account at limefx by making a minimum deposit of $20,000. The VIP account gets a personal account manager, tighter spreads, more customized trading options, and a better trading environment, which are evidently designed to attract professional traders. However, we believe that most modern traders are looking for ECN conditions for larger account equities, in order to prevent any conflict of interest with their brokers. On the contrary, if you are looking for fixed spread trading conditions for a sufficiently large trading capital, limefx is certainly a good choice. Traders are also provided the option of downloading the MT4 terminal for their trading needs, which was only recently included in the limefx platform lineup. Both platforms are available as a dedicated limefx mobile app for iOS and Android enabled devices, which covers a majority of the smartphone and tablet market.
Recommended Forex Brokers
limefx requires $200 for its standard account versus $50 or a currency equivalent for international clients at limefx. The Premium account at limefx commands $3,000 while trading conditions remain below-average, repeated in the $10,000+ VIP alternative. While the MT4 trading platform is available at limefx and limefx alike, both also present their proprietary trading platform as an alternative. In this category, limefx takes a leadership position, as its Trading Station bests the limefx Web Platform.
- Processing of funds is instant, but it can take up to 5 business days in some cases.
- After more than 1 year of trading with this broker, I can share my opinion about limefx.com.
- You should only risk capital with limefx that you can afford to lose.
- Easy Forex investment instruments include over 60 currency pairs, and cryptocurrencies, precious metals, stock indexes and commodities as CFDs.
- The customer service is easily accessible during the trading week, and we are satisfied with it.
You have the option to further safeguard your account by using limefx Two-Factor Authentication , which provides an extra layer of security. MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis.
limefx Limit Order
On ic-markets, the average spread for the EUR/USD currency pair is — pips, while on limefx the spread is 1.2 pips. limefx offers three account options for traders, namely the Standard, the Premium and the VIP accounts. Overall, limefx review shows a brokerage company with a long operational history and absolutely fair and transparent trading limefx website conditions. Even though, the limefx are even proud to be a market making broker since they ensure the stable trading conditions to their client under any market conditions and even extreme volatility. The range of account types and advanced software features are also great benefit available to all limefx clients, which is worth consideration.
A limefx limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
Broker Types
limefx offers over 200 assets, with the Forex market the focus of its operations. The commodity selection is acceptable, but equity, index, and cryptocurrencies are fairly scarce. Where pure Forex traders have exceptional choices, diversified traders will not be served adequately.
Why forex is the best?
High Liquidity
Compared with any other financial market, the forex market has the largest notional value of daily trading. This provides the highest level of liquidity, which means even large orders of currency trades are easily filled efficiently without any large price deviations.
EA trading is allowed with limefx, what they don’t allow is when you start gaining profits. The Easy Markets platform is well-known for its latest features, including an emphasis on transparent pricing and proprietary dealCancellation tool. The firm is a haven to over 300 markets and a number of trading instruments such as options, forwards, and trades. DealCancellation – unique to limefx, this tool allows clients to cancel an order within six hours of making a trade. Traders are charged a fee for using this service, which is based on the market volatility of the instrument being traded.
limefx Non Trading Fees
Spreads might not generally be the most compelling on the market, but that’s why their premium and VIP accounts are so alluring. Overall, limefx is a safe, trustworthy https://limefx.vip/ platform that has something to offer beginner and veteran traders alike. Being in the markets is risky, that’s why we offer our clients tools to manage that risk.
Which MT4 broker is the best?
- BDSwiss – Best Overall MT4 Broker 2022.
- FP Markets – Lowest Spread MT4 Broker 2022.
- BlackBull Markets – Best MT4 Broker for Beginners 2022.
- HFM – Best ECN MT4 Broker 2022.
So far, I have been Easy Forex’s client for almost 2 years and continue to receive excellent forex trading services from them. limefx has earned a reputation for giving traders a fair-trading environment. But there are more valid reasons for why you should trade with the forex broker. Our evaluation revealed that the standard account carries a little investment risk and is suitable for beginners, while premium and VIP accounts are for wealthy and high-volume traders. The below-mentioned table will give you a glimpse of the requirements of each account and what they have to offer for traders of all classes. The educational service is a part of the offering too, while the traders of any level can find some useful information and perform even better trading.
Trading Central – Trading Central is provided free of charge to all limefx clients through the MT4 platform. A third-party tool, Trading Central’s professional analysts use the most advanced technical analysis tools in the industry to curate relevant information. This tool essentially supports traders without the technical know-how in making trading decisions. Trading Central is considered one of the best trading tools in the industry, and limefx does well to offer this tool to its clients. Overall, although limefx offers two accounts on two different platforms, and low minimum deposits.
- Once you have done this, limefx will verify your account in-line with its anti-money laundering compliance.
- This company only hire graduates as account managers and have helped me at every turn.
- A pioneer in developing forex as a consumer product, easy-forex continues to lead with customized technology and personal service tailored to all levels of traders.
- Stock traders on limefx conduct significant study, frequently dedicating several hours every day to market monitoring using limefx trading tools.
- The limefx stop-limit order triggers a limit order when a stock price hits the stop level.
- Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on limefx.
The definition of risk capital is funds that are not necessary to the survival or well being of the user. A limefx trading portfolio is a traders collection of investments, which may include a variety of limefx financial instruments. Traders can follow the markets and make wise investment decisions on limefx by using the news to help form a strategy when it comes to choosing investments. A limefx news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result. Apple Macs and MacBooks can easily handle the most important requirements when using the limefx trading platform.
A contract for difference allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange. A limefx futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on limefx. Typically, futures contracts are traded on an exchange such as limefx; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling limefx trader to the contract agrees to provide it.
Investors can also transfer funds into their limefx trading accounts from an existing bank account or send the funds through a wire transfer or online check. USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR are supported by limefx as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.