LimeFx-Online CFDs & Forex Trading

The website Trader’s Dashboard shows the positioning of other clients, updated hourly, but account holders will need to use Metatrader’s limited social functionality to take advantage of the information. LimeFx services over 1.2 million clients in 180 countries around the world, providing 300 tradable instruments from 6 asset classes. In addition to an online chat feature, LimeFx gives clients access to 24/5 client support in 45 different languages.

Customer Support

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.

Investment Products

Its price is dynamic and during the trading day, more trading opportunities are offered. It is really an existing instrument to trade.It is suitable for beginners since unlike EUR/USD the price is indeed moving. In early 2014, LimeFx launched an office in London and was soon granted the variation of permission licence, which expanded the scope of the previous licence in order to increase the services provided to the traders under the FCA authorization. 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.

Currency Pairs

LimeFx is an online forex broker that offers trading in currency pairs, contracts for difference (CFDs), commodities, indices, futures, shares, gold, silver and oil. Trade some of the most liquid assets available and diversify your portfolio with competitive spreads starting as low as zero pips on chosen CFD pairs. Since the market is volatile, fixed spreads accounts allow trading with predetermined and steady spreads and with no sudden changes. The US weekly initial jobless claims figure came in lower than expected, which may have alleviated some concerns that arose in regards to the US Labour market easing. According to market participants the employment change figure is set to come in higher than the prior figure at 26.9k, yet the overall story may be the expected increase in the unemployment rate from 6.4% to 6.5%.

The Trustpilot Experience

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments.

Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts. Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFx Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases.

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.name/ 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.

The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFx. 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. Discover the Virtual Private Server’s (VPS)—a virtual machine in which a website runs on its own server—and its advantages, and benefit from enhanced connection speed and security available for our clients.

• But to be fair, I am still focusing on the forex majors, because that is what I was told to do…
• Hence, the risk of further tensions in the Middle East may aid oil and gold prices.
• These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.
• They got 6 accounts and it’s the most extensive account types range that I’ve ever seen.
• However, the RSI indicator below our chart currently registers a figure near 50 , which tends to imply a neutral market sentiment.

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 limefx reviews 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.

Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips.

LimeFx gives clients access to trading contracts for difference (CFDs) on a wide range of asset classes including forex, commodities, spot metals, spot indices, futures and shares. The online broker offers several different account types and trading platforms, as well as a blog, research material and educational resources. LimeFx also offers social trading via its AutoTrade platform and keeps segregated accounts for traders. The broker is also holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool. Our team of expert in-house developers has designed this platform specifically for Multi Account Managers such as professional traders and investment portfolio managers. You can manage online orders, positions and equity on potentially unlimited accounts with one-click order entry.

As such attention may turn to the bank’s accompanying statement, in which should the bank imply that it may continue cutting interest rates in the future, it may be perceived as dovish in nature which in turn may weigh on the NZD. In particular, we mote the unemployment rate  for June which came in lower than expected at 4.2% which is lower than the expected rate of 4.5% and the prior rate of 4.4%. Hence, the better-than-expected unemployment rate implies a resilient labour market which may have aided the pound. Moreover, of interest was the average hourly earnings rate which also came in higher than expected at 5.4%, which tends to echo the concerns by BoE Mann who stated yesterday that wage growth is a concern for inflation.