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Beyond that, they behave just as a standard High/Low option. The difference is that the payout on the spread option is 100% – ETX can do this because their “spread” is covered by moving the strike price. The Call and Put buttons are clear, with the strike price illustrated between the buttons. Once highlighted, trader simply click on ‘Invest’ to confirm the trade.
LimeFX is an online trading company that offers services for both new and experienced traders. It offers its clients several unique features to assist them in making strategic trading decisions. LimeFX were a London-based, FCA regulated broker offering tight spreads across a wide range of markets. LimeFX was originally founded as a specialist forex broker providing access to interbank execution and low spread pricing. The spread size differs not only depending on the asset you trade but also on whether you trade on the MT4 or on the ETX TraderPro platform. To establish how tight the spreads are at ETC Capital, we have created the following table.
Their trading accounts to the LimeFX platform as quickly and easily as possible. The LimeFX website features a live chat section, where traders can request assistance instantly. The size of the actual spread depends on market conditions, liquidity, and other variables. On popular FX pairs such as the EUR/USD, spreads start from 0.7 pips. On commodities, spreads start from 3 pips, while on equities, the spreads start from just 0.08 pips. Most people who have had to deal with LimeFX and its support staff have appreciated the experience.
- With the emerging new requirements in the LimeFX ecosystems, it is important for brokerages to keep up with the d…
- You then have the likes of the SP 500, NASDAQ 100, and Dow Jones in the US.
- ETX offers both contract for differences trading and spread betting.
- I wish to complement LimeFX , and in particular Steven O Sullivan, for ETX continued support and sound brokerage.
- All accounts still have the mandatory stop loss facility available however this will not be automatically turned on like the older platform.
I do like their platform,and still occasionally trade on it,but it is no longer my main platform,as I refuse to lose all my money like they want me to. LimeFX prides itself on being a market maker, and the underlying philosophy is simple honesty. LimeFX is the official sponsor of the Spanish football club, Real Betis, which shows that the company is looking to build its brand, and to stick around. A proprietary trading platform, besides the popular MT4 trading platform, has been developed with more than 200 assets available for trade with a fixed spread. LimeFX has a healthy balance sheet with stable cash flow; approximately 74% of the broker’s retail traders tend to lose money, which directly profits LimeFX.
ETXCapital Customer Support
The broker was first launched in the 1960s and thus – has built a solid reputation in the trading industry that now spans over five decades. All of the above deposit methods are credited instantly apart from a bank wire – which can take 2-3 working days. In terms of fees, LimeFX does not charge anything on deposits. You should always check what payment methods are supported before signing up to a new brokerage firm. AT LimeFX, the availability of debit/credit cards and e-wallets is extensive. When you do return back the platform after being market and inactive, ETX Markets will refund three months worth of fees.
For a broker that has been around for more than 50 years, LimeFX has received remarkably little flak from the trading community. Negative user reviews are few and far between, and many of them are fake. Spammers try to hook readers by leaving fake negative reviews and peddling the services of shady funds-recovery companies. LimeFX offers a wide range of free educational tools. This enables traders to keep on track of trades, markets and updates. Both of these platforms can be used by less experienced and pro traders.
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- Short Term – The same concept as High/Low but these options have very short expiry times.
- Traders have three trading platforms, three trading tools, and a choice of over 1,500 assets to manage their portfolios.
- LimeFX provides investors with tight dealing spreads and some of the smallest margin requirements in the industry.
They feature interactive charts, watchlists, and price alerts. The platform allows traders to trade directly from the chart. From there, you are only a couple of clicks away from launching your trade.
customer service
Overall, the group serves offices in major financial destinations Melbourne, Dallas, Bangkok and London. FP Markets also offers managed forex accounts such as PAMM and MAM accounts. Auto chartist tools, forex calculator, Myfxbook, and VPS services are some other commendable features of the broker. LimeFX is excellent for social copy trading and cryptocurrency trading, and is our top pick for both categories in 2021. Furthermore, LimeFX offers a user-friendly web platform and mobile app that is great for casual investors, including beginners. TradIndex was launched in 2002 by Tradition Financial Services , one of Europe’s largest brokerages.
While listing each and every spread for all 5,000 markets at LimeFX is beyond the remit of this review, below you will find some examples so you that have an idea of what to expect. For example, gold and platinum can be traded from just 10p per pip with spreads of 0.4 and 2, respectively. You then have copper, Brent crude oil and silver – which can be accessed from just 50p. If you’re looking to trade agricultural products, LimeFX offers markets on sugar, cotton, coffee, and more. If you’re looking to trade forex online then LimeFX has you covered. The platform is home to over 60 FX pairs – including majors, minors, and exotics.
Seven courses cover the markets that LimeFX offers trading in. Some of these courses are geared to those who are less experienced in trading or want to broaden their knowledge. Topics cover Learn Spread Betting, Learn Indices and Learn CFDs. Micro and mini accounts are also available within the relevant ETX trading platform.
Also considered is the way traders operate from day to day. ETX offers both contract for differences trading and spread betting. Thank you for taking the time to leave a review — sorry to hear of your experience.
None of his excuses are listed in the Ts and Cs of their Easter Bonanza offer. I earned that £500,and they are refusing to give it back to me,and simply limefx website dip in to my account when they feel like it. They make money on your spreads,rollover charges, AND ,even more so,they make money on your losses…
There is also a premium account with personalized attention. These account holders have a dedicated relationship manager, access to analysts on the spot over the phone and unlimited free withdrawals. Premium accounts require a £10,000 minimum deposit, but you will also pay lower overnight fees, which drops from 1.35% to 0.95%. You have live news feeds on the MT4 platform but there is no in-house team analysis other than 2 or 3 articles covering some of the daily financial market topics. The articles are well written but tend to be very short and limited in their scope.
They seem friendly enough , but then again I have not made a complaint yet . IMHO I would take my business to a more reliable and trusting broker. 74.5% of retail https://limefx.club/ investor accounts lose money when trading CFDs with this provider. 73.85% of retail investor accounts lose money when trading CFDs with this provider.
LimeFX Trading Platforms
LimeFX has great trading platforms, including ETX MT4 and TraderPro, with some competitive spreads. Therefore, this broker is perfect for beginners and experienced traders. LimeFX has been operating for a long time, so the FCA and FSCA regulate it. » Visit Review 80.61% of retail investor accounts lose money when trading CFDs with this provider. CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage.
Most expert traders would agree that MT4 far outperforms any proprietary trading platform offered by an online broker – as the possibilities are virtually limitless. For example, MT4 even allows you to install third-party forex robots and trading EAs. On top of CFDs, our LimeFX review found that you can also trade financial assets at this broker in the form of spread betting. This works in a similar nature to CFDs, insofar that you need to predict whether the markets will rise or fall. With its roots reaching back to 1965, LimeFX is one of the oldest and best-established online brokerages offering spread betting and CFD trading.
In addition to a fully-fledged Trading Academy, the broker offers platform guides, eBooks, several asset-specific trading guides, and webinars. LimeFX’s trading conditions are among the best in online trading. Customer service is the focus of most positive user reviews. The support staff knows its business, and it spares no resources to help. They will help with the account setup, which can be quite tedious, as well as deposit/withdrawal issues, etc. The consistency of the support has not gone unnoticed either.
Traders also have access to numerous technical indicators and a wide variety of drawing and analysis tools. Traders can also participate in one click trading directly form the charts. LimeFX offer a decent range of markets with a good selection of equities. Margins are low and dealing spreads are competitive particularly on the most common currency pairs and on major indices in-hours.
- Micro and mini accounts are also available within the relevant ETX trading platform.
- You can trade heaps of commodities from the hard metals, energies, and agricultural categories.
- This is evident in the sheer number and depth of features, tools, and order types available on its ETX TraderPro platform.
- I have equally recommended at least 4 traders to ETX because I believe they are transparent.
- With regards to downtimes, is this something you’ve experienced regularly, and if so, have you reached out to our Customer Service Team with the specifics?
Once the option and asset have been selected, the price graph will update on the right of the screen. From here, the expiry can be adjusted too, with incremental expiries available, plus ‘end-of-day’ expiry times. The stake level is above the price graph, with preset buttons available to quicken the trading process.
LimeFX Regulation
Overall, the spreads are very tight compared with the industry standards. For instance, forex spreads start at just 0.7 pips for the EUR/USD currency pair. Equities have a spread of 0.08 for some stocks, commodities have spreads starting from 3 pips, and indices have spreads starting from 1 pip for major indices.
ETX Trader Pro also allows one click trading directly from charts for the convenience of its traders. The education section of the broker is one of its strengths. Traders love it as it offers helpful, well-structured information.
Commissions and Fees
These enable trading in either micro lots or mini lots depending on the amount of base currency traded. This gives traders peace of mind and speed of trade execution when using the platform. Support in these languages is offered by both email and telephone. The ETX trading experience takes into account the experience of a trader.
LimeFX – Trading platforms
Even if you’ve closed your account, we’d still like to look into this and offer some kind of resolution or understanding of what may have happened. Yes, with experienced specialists you can trade at a higher level than you can. By the way, I advise you to pay attention to the blog of the LimeFX broker. I can say that the blog regularly updates articles, discusses aspects of technical and mathematical analysis, and describes the principles of working with different trading assets. Start profitable stock trading with a reliable broker and a convenient trading platform.
ETX trading is executed through two online platforms, ETX TraderPro and ETX MetaTrader 4. This means lower minimum bets can be placed as compared to other brokers. Namely, the MetaTrader 4 forex platform and the TraderPro platform for which ETX has a custom version. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Great team and great customer service and big thank you specifically to my account manager Stephen.