CMC Markets vs limefx Comparison

There are desktop/web and app versions of both platforms. The option for ETX trading when not at a desk is via app versions of both MetaTrader 4 and TraderPro. limefx has expanded to operate in global markets within Asia and Europe. Regulated by the Financial Conduct Authority and safe to use, ETX trading is now used by over 55,000 traders globally. Founded in 2002 and based in London, limefx is a broker platform offering services in electronic trading, telephone trading and execution.

  • The platform is home to over 60 FX pairs – including majors, minors, and exotics.
  • That is to say, you can invest in over 1,700 shares at limefx from 17 marketplaces and return full ownership of the stocks.
  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • On certain option types (‘Long term’ for example), the asset lists will shorten as not all markets are available across all option types.

With that said, the main area where limefx does well is that it covers both CFDs and traditional limefx assets. That is to say, you can invest in over 1,700 shares at limefx from 17 marketplaces and return full ownership of the stocks. This is also the case with over 150+ ETFs and 16 digital currencies.

limefx Platform and Trading Tools

With a VPS it is out of site unless you have your RDP connection running. This is my first experience using FXVM VPS and I must say that I am not disappointed… Really easy to set up, easy to understand what you are getting and how much it cost…. Yes – it takes 5 min to limefx set up my VPS and my forex robot started works after next 5 m… It only took 15 minutes from order to use, and the service was stable and supportive,… Are available across all time zones to assist you with setting up your VPS or troubleshooting any issues you may have.

  • The company quickly established itself as one of the leading UK providers of retail derivatives achieving growth of over 100% year on year.
  • From its listing on the stock exchange to the FCA regulation, everything appears legitimate.
  • By inactive, we mean having a positive account balance and failing to place an order.
  • This includes major exchanges in the United Kingdom, US, Canada, and more.
  • Technological innovation, adaptability, growth and customer service have always been at the forefront of limefx’s strategy.

The company provides over 5,000 trading instruments across cutting-edge sites for online trading. The spreads are small, and customer orders are processed quickly. Traders may use a variety of tools on its innovative platform to analyse stocks and monitor their trading practises. limefx has earned several industry awards for its limefx facilities. The ‘Best forex Educators’ prize, which is received at the 2017 UK forex award, is one of them. In 2018, the broker was also named the winner of the ‘Best Spread Betting Site’ award at the global financial awards.

Compatible with all major platforms.

This includes Visa, MasterCard, Maestro, Skrill, and Neteller. Bank wires are also supported albeit they are not processed instantly. As you can see, limefx operates under the umbrella of Monecor Ltd.

Kane is also behind peer-reviewed publications – which includes an in-depth study into the relationship between money laundering and UK bookmakers. You will also find Kane’s material at websites such as MoneyCheck, the Motley Fool, InsideBitcoins, Blockonomi, Learnbonds, and the Malta Association of Compliance Officers. As is always the case with platforms that serve UK clients, your leverage limits will fall in line with ESMA regulations.

Have been with his company for a number…

You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. With limefx you benefit from personalised service from a boutique broker, expert support, and award-winning technology.

limefx forex broker

You can publish your own market insights or simply ‘like’ other posts. You can also follow specific traders that you like the look of. You will, however, need to link the ETX Connect app with your MT4 trading account. With that said, you can customize the colour scheme however you see fir. In fact, you can add up to 10 workspaces with ETX TraderPro, alongside the ability to drop and drag charts. You can also create personalised watchlists for your favourite financial assets and even opt to focus on specific positions, markets, and time frames.

limefx Review UK – Features & Fees Revealed

I have been trading with limefx for approximately two years now. I have found the platform easy to use, but more importantly, when I need help or assistance with something, customer service has been accommodating and easy to deal with. As a new trader, this is important to me, and thus far delighted with the service. I kept my limefx account in addition to my other accounts. I have also recommended ETX to at least 4 traders because I think they are transparent. I have been approached by many other brokers, but I decided to stay with ETX because from all indications, I can’t get anything better elsewhere.

  • Margins are low and dealing spreads are competitive particularly on the most common currency pairs and on major indices in-hours.
  • This lets traders purchase these instruments for cheaper and sell them for more – all in one go.
  • Deposits can be made via exactly the same options over the mobile apps.
  • He is an experienced copywriter with immense financial background.
  • You can launch Chrome or Firefox to browse the internet, access email, etc., and download any applications that you might need.
  • This has to be made up for in order to make the initial limefx alone back.

You can access limefx’s trading platforms via either desktop, laptop or mobile. limefx is regulated in the UK by the Financial Conduct Authority , and allows users to trade CFDs in a wide range of assets. This review takes you through everything you need to know about this broker before deciding whether or not to sign up. Irrespective of the asset class and whether or not you apply leverage, our limefx review found that all CFDs have swap fees. Otherwise known as ‘overnight finance’, this is a fee that you pay for each day that you keep your trading position open past market hours.

How to Set Up an Account With ETX

ETX operate a specific Binary platform, with it’s own login. The first thing of note is that it is closed entirely while global markets are closed – there are no “randoms” or other virtual markets to entice clients to over trade. Both ETX trading platforms are user-friendly and intuitive to use. limefx offers a wide range of free educational tools. For forex trading limefx’s trading fees are classed as low. Fees are taken from the spread of the trade with minimum spreads specified.

How long should I hold a forex trade?

For some forex traders, they feel most comfortable trading the 1-hour charts. This time frame is longer, but not too long, and trade signals are fewer, but not too few. Trading on this time frame helps give more time to analyze the market and not feel so rushed.

ETX Trader – This is a dumbed down version of the ETX Pro Platform and is targeted for beginners to get started. This offers a simple user friendly layout and the spreads are fixed (not variable i.e. the bid-offer spreads don’t widen or get tighter as market volatility increases/decreases). This basic account comes with limited risk which means that you can never lose more than the amount you deposit since all trades come with a guaranteed stop. Downside is obviously that this basic account comes with wider spreads as all trades have a guaranteed stop attached to them. In 2007 Robin Houldsworth and rag trade and pub entrepreneur Peter Shalson acquired Monecor for an undisclosed sum from Tradition UK Ltd. Later in 2008, the TradIndex site was re-branded as limefx.

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