What I thought very useful is that some of the available instruments are denominated in different currencies. For instance, you can trade XAUUSD (Gold vs. US Dollar) or XAUEUR (Gold vs. Euro). Traders can avoid paying conversion fees when trading with instruments denominated in their account currency. Certain features, such as the one-click trading option and depth of market tool, enhance the platform’s overall performance. They allow traders to easily examine the current market behavior and enter into trades quickly. However, any account that has been inactive for 90 days and has an account balance of up to 1 cent of any currency will be achieved.
His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers.
Compared to the broader industry, LimeFX offers an above-average number of FX pairs, commodities, and indices. These afford traders access to multiple markets with varying degrees of limefx forex broker underlying volatility. My tests indicate that LimeFX’s floating spread accounts are slightly more competitive than the fixed spread alternatives in normal market conditions.
An FX withdrawal takes between one and ten business days, dependent on the payment processors and the geographic location of traders. LimeFX received numerous awards limefx scammers for various aspects of its competitive trading environment. Traders have eight account options at LimeFX, where the minimum deposit is $0 for most. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.
I did as I was told and sent an email to the address that the agent provided. It is even more cumbersome than the platform’s desktop version, and carrying out sophisticated technical analyses on a small-screened device is virtually impossible. However, I consider the lack of an instruments search tool to be the biggest drawback of the platform. You have to scroll through the entire list of available instruments in order to find the asset you are looking for, which I find tedious and unnecessary. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework. Notesco Limited is registered in Bermuda with registration number and registered address, Ground Floor, Swan Building 26 Victoria Street, Hamilton HM 12 Bermuda.
They are in multiple languages, making them quite accessible to a larger number of traders. It is vitally important for a chart to be as clear and informative as possible and allow traders to manipulate price action freely by scaling it up and down. Additionally, a good chart should be supplemented by a broad range of technical indicators, drawing tools, and other such instruments to accommodate technical analysis. LimeFX, a forex and CFD broker, serves over 1.5 million clients worldwide, providing access to more than 500 tradable instruments from various asset classes.
I always recommend that traders check them before evaluating the total trading costs. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The LimeFX group presents clients with two regulated trading entities and maintains a secure trading environment. They are highly informative and cover a wide range of topics – from the basics of technical analysis to the intricacies of trading psychology.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
