Their customer service is poor, their bonuses are late if they actually arrive at all, and their accounts don’t deliver what they promise. Their Binary account is geared towards those who prefer trading at a fast pace. The problem with this is that many times when you’re trading with this account, there’s a noticeable lag. This affects your trades, your profits and limefx’s bonus scam deals.

This global CFD and FX broker is regulated by the UK’s Financial Conduct Authority . However, what it offers is trading CFDs which are complex instruments and come with a high risk of losing money quickly due to leverage. There is a broad range of risk management instruments that are made available to every trader on the limefx platform. These tools are the stop losses, limit orders, and guaranteed Stops, and they are used to control the level of risk on the platform. If you are a new trader, you can begin with a small trade that fits your financial capability.

limefx scam

The ETX TraderPro trading platform gives you access to advanced trading tools like a complete charting package. This lets you take advantage of trading opportunities in real time with powerful technical analysis tools powered by the latest technology. limefx offers plenty of choice when it comes to trading options, including various platforms and a wide variety of tradable assets.

limefx Review – Report a Scam Today

limefx does not allow you to scalp in its trading accounts. Electronic communication network accounts that might allow scalping also are not offered by limefx. If you prefer to allow others to make your trading decisions, then either the ETX Connect App or MT4’s Trading Signals service will allow you to follow and copy top traders. The TraderPro mobile app is available for both iOS and Android devices.

With iOS, you can download the app either for your mobile phone or for a tablet or the compatible Android version. There are so many benefits to the app, including the fact that you can view your portfolio, balances and your open profits and loss, quickly and efficiently. You can open and close trades and set limits and place orders. You can expect two types of platform and trading software with limefx. First, and more commonly used, is the MetaTrader 4 platform which is free to download and tailored to work with the ETX interface.

Traders Opinion

You won’t find welcome or no deposit bonuses, particularly in Europe. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. Under the Education section of our website, we have a short course titled Shares https://limefx.club/ Trading for Beginners — bear in mind these are shares CFDs, however. I’d have a glance at that, and please do feel free to reach out to the team directly for any questions you have. Excellent brokers, clean execution good personal support, and honest education.

  • In addition to being able to use the site on a mobile browser, you can also download an app for iOS and Android and trade on the MetaTrader 4 version of the trading platform.
  • Charting is the only available research tool, and there are no ideas, fundamental data, or relevant news.
  • A major benefit of using an established Forex broker like ETX, is that they have a strong support team.
  • There is a free demo account option in addition to the single live trading account offered by limefx.
  • The niche that I would say that limefx is in would be the cryptocurrency MLM ROI niche.
  • The inactivity fee is not charged on the limefx platform on dormant accounts.

All the excuses you can imagine, backs and forths, etc… There is the option to make virtual trading, desktop and web platforms, proprietary platforms, MetaTrader 4 , and trades from charts. However, many ETX limefx Capital reviews show that the platform fails to deliver quality content and is therefore below the industry standard. limefx is a secure trading platform with competitive spreads and no hidden fees.

Is Capital ETX Legit or a Scam?

So it is recommended to first watch and understand how CFDs function well, but you may decide to put in your money only if you know the risks involved. From time to time, there are promotions available, but currently, there are no special promotions offered to encourage you to open a new account with them. Hello, my name is Frank, welcome to Online Wealth Chronicles. I’ve created this website to help people earn money through the resources and recommendations that I offer.

  • Likewise, you still have a choice to use an industry leading MetaTrader4 that is famous for its charting package, selection of automating capabilities or ability to bring own EA’s to automate orders.
  • In this, you’ll have access to various complex features and a broad range of financial marketplaces.
  • There are plenty of currency pairs to choose from, and the spreads are competitive, making it a good contender in the world of Forex brokers.
  • Further on, in case you wish to withdraw more funds than it will incur a charge of 25$ per transaction.

No matter which name you encounter, you should know that this company is unregulated, offers false returns, and will likely steal your crypto without providing anything in return. For instance, limefx uses tighter spreads at 0.81 pips compared to MT4. The included exchange data encompasses over 20 exchanges, leaving the commission per trade and any applicable spread when it comes to trading CFDs. The inactivity fee is not charged on the limefx platform on dormant accounts. The charges are done monthly, depending on the type of currency used.

Withdrawals:

Then you have to upload a document to verify your identity and your residential address. These documents can be quickly loaded on the website by dragging and dropping them on the form. Funds can be deposited and withdrawn on the limefx platform through several methods. The minimum deposit amount on accounts is £250, or it is equivalent to your chosen currency. The application looks just the same as the official website with the same controls and functionalities. All kinds of trade types and offers are the same on the mobile platform, also are the account management features and trade history.

The tools are available on both platforms that OvalX stays on and includes proprietary ETX TraderPro, a truly powerful, fully customizable software, yet with intuitive design and advanced charting. OvalX trading fees, which are built into the OvalX spread, considered to be on a very competitive level among the market offering. In addition, the TraderPro and MT4 platforms are intuitive and can be learned quickly by most new traders. Both platforms offer trading directly from charts, a wide variety of technical indicators and customizable workspaces.

limefx scam

There are different numbers for an existing account and a new account. Existing accounts are to make use of the numbers listed for them. While new users are to make use of the numbers of customer support listed for them, if you want to locate them physically, you can get their physical address on the website. The limefx company has made it part of the trade to go to different trade events across the globe. Traders at the trade events can get to meet business introducer’s clients, affiliates, and clients.

With the app, you have access to charts which you can customize to suit how you trade, and you can monitor your positions and trade on the go. Stop, guaranteed stop and trailing stop orders, are all available types of stop-loss orders that you can expect when trading with limefx. The trailing stop order means that while you can protect yourself from losses, you don’t risk losing out on a potential profit. limefx garnered its name from the acronym of exactly what they offer – Electronic trading, Telephone trading and eXecution.

Capital ETX Review

Multiple chart types, technical indicators, and drawing tools are available for analysis. In addition, you get access to dynamic risk management which helps you to control the risk of different positions very easily. limefx is highly regulated by the FCA in the United Kingdom. This is one of the most famous regulations and licenses in the world. Through this regulation, we can recommend that the broker is safe to invest with. When you deposit with this broker, you can choose between three base currencies – the Euro, US Dollar or the GBP.

This account allows you to place trades on the live platform, regardless of experience, knowledge or size of the trade. Everyone has the same range of features and access to the same trading tools, whether you are spending hundreds or thousands of dollars. The first thing that you will notice is that you are invited to open a live account or a demo account. Many brokers offer a demo account to allow traders to try before they buy.

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