Stock market trading is risky, and an obligation to make additional payments cannot be suspended with a genuine ECN broker. If the market opens elsewhere and there is no liquidity to close or open your order, you will be given the next best price. In the worst case, this can lead to an additional funding obligation. The broker will automatically stop you if the margin is over-stimulated.
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- If the market opens elsewhere and there is no liquidity to close or open your order, you will be given the next best price.
- Furthermore, it is worth remembering that these factors are only the ones we know about.
LimeFX offers multiple types of accounts, with the difference between accounts largely boiling down to fee structure and the types of tools you have access to when investing. LimeFX currently offers three tiers of accounts. LimeFX is regulated by
ASIC, VFSC, CIMA and FCA. A regulated broker equals a more responsible trading environment.
Great Customer ServiceAlways ready to help, user friendly app and their staff are great. Been trading with Vantage for more than a few months, have no issues that haven’t been resolved. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site.
Author of this review
For example, traders can speculate on natural gas, gasoline, and both crude and WTI oil. LimeFX is also suitable for traders that want to speculate on stocks. As all stocks are traded as CFDs, traders can go long or short with ease. In this section of our LimeFX review, we discuss what assets are supported.
In summary, the withdrawal process works smoothly with this broker and is also free of charge! At LimeFX, you do not have to worry about the payout. Due to the abovementioned regulations and licenses, the broker is a very safe trading partner. The withdrawal works with the same methods as the deposit.
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LimeFX provides research in the form of technical and fundamental analysis on its blog from in-house staff as well as guest writers. There is also an economic calendar powered by MQL5 from MetaQuotes. For clients who deposit at least $1,000, LimeFX offers a suite of plugins for MT4 branded as MT4 SmartTrader Tools, developed by FX Blue LLP. Dear Giacomo,Thank you for leaving us with your feedback. We are sorry to hear that you have had a less than satisfactory experience with us.
- You can also open segregated accounts, ensuring your money is safe in bankruptcy or insolvency.
- We also use different external services like Google Webfonts, Google Maps, and external Video providers.
- Other markets have their own pricing structure that is applicable to all account types.
- While LimeFX will appeal to advanced traders, beginners might prefer a more user-friendly platform like eToro.
- The texts on this page are not are not investment recommendations.
Opinions, market data, and recommendations are subject to change at any time. If you need a high level of leverage and want to trade tight spreads, you should switch now or open your first trading account. In summary, LimeFX is among the best brokers out there.
Bad experience no-sense
In addition, the broker constantly strives to expand the offer and implement new markets. Yes – LimeFX is regulated by leading entities such as the FCA, ASIC, and the VFSC. Moreover, LimeFX also offers negative balance protection, which ensures clients can never lose more than they have in their accounts.
I am Kevin Berry, an internationally recognized financial advisor. With my team, we provide independent reviews about online stockbrokers, financial funds, and other projects about investments. We can help anyone understand which company can be marked as a scam and which is reliable for investment. While LimeFX does not offer its own proprietary trading platform, its overall experience is straightforward. Most users will not have trouble navigating their accounts, providing funding and accessing the markets through MetaTrader. However, if you’re new to CFD trading, you might have a bit of trouble differentiating between LimeFX’ three levels of accounts.
This selection is average compared to competing brokers. Stock index CFD fees are generally low, but stock CFD fees are quite high. We now showed you all the advantages and disadvantages of the Broker to help you make an informed decision. Before we conclude the article, we would like to introduce you to the alternatives to LimeFX in case you feel like you need a different fit for you. There are enough drawing tools available for technical analysis.
These events have certainly provided plenty of volatility for traders to hunt for returns. I have tried several brokers but vantage is best for me and I will refer to others for using this broker. Besides, it is super user friendly and provides lots of cash back too. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. While the broker’s research and educational offerings continue to expand, Vantage has a ways to go if it wants to compete with the best brokers in those categories.
Is LimeFX a legit broker?
You can use it indefinitely and recharge it at any time. The LimeFX app also features custom watchlists, price alerts, market news, and even built-in trading signals. Clients can also make deposits and withdrawals through the mobile app, which can even be used to create a trading account limefx scammers in minutes for those who haven’t signed up yet. Vantage offers MetaTrader 4 and MetaTrader 5, a web-based platform and a proprietary app that provides a high degree of flexibility. Furthermore, ZuluTrade, MyFXBook, and DupliTrade are three social trading platforms the broker offers.
No other company offers such security as LimeFX through so many parts of the business. For secure online trading, broker regulation is required by most traders. The company must have an official license (through licensing/regulation) from a government agency to offer financial products. Official laws are always subject to specific criteria and rules that a broker must adhere to. In case of violation of these rules, an immediate withdrawal of the regulation and license threatens. The regulation thus creates a high degree of trust between the trader and the broker.
LimeFX Analysis Features
Some brokers only earn on the loss of traders and do not sell the orders to the markets. As you can see on the homepage of LimeFX, there is high transparency. The broker is an actual ECN broker (see Liquidity Provider) and only earns on the spread and paid trades commissions.
Other trading platforms
To set email or mobile notifications, you must enter your email address and mobile MetaQuotes ID (you can find it in the settings of the MT4 app). You cannot set alerts and notifications on the Vantage mobile platform. You can https://limefx.name/ easily find your profit-loss balance and the commissions you paid under the ‘History’ tab. A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes.
In this case, Vantage’s support team will contact you with the required forms. In addition, you can also open swap-free or Islamic STP and ECN accounts. In the case of swap-free accounts, if you hold your leveraged position overnight, instead of overnight interest you are charged an administrative fee. To read much more details about the broker’s services and features, expand on the sections below. Suggested companies are based on people’s browsing tendencies.
BrokerChooser gave Vantage a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account. Alternatively, LimeFX also offers a web-based platform called ‘WebTrader’, which integrates directly with clients’ MT4/MT5 accounts. Among the most competitively priced brokers in the industry, the company offers RAW ECN trading accounts with razor-sharp spreads starting at 0.0 pip and extremely low commissions. A Forex trader must find a broker offering low costs and maximum benefits.