One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. Cent accounts might be better suited for total novices, and they have a lot in common with live accounts. The most obvious difference, however, is that dollars are denominated in cents. Thus, if we suppose that traders add $100 to their accounts, this amount will be converted into 10,000 cents. As you might expect, USC is the only currency you will be allowed to use if you settle on this account type. The base currencies in which traders can register their accounts are not that many as they can only go for USD, EUR, and GBP.
Access multiple financial markets with ease and efficiency using the standard trading platform for both beginner and professional traders. Customisable, with advanced chart functionality and trading tools, the MetaTrader 4 is your go to platform for all markets. You can choose from our wide selection of currencies, metals, indices, commodities, shares and futures and start trading with competitive conditions and dedicated support. You can access 300+ underlying instruments from 6 asset classes at some of the most competitive conditions. Choose the account that suits you best and start trading with confidence. Your account should reflect your goals, needs, and ambitions on the market.
My Key Takeaways After Testing MT4’s Mobile App
Additionally, the broker does not target residents of EU countries where it is not licensed. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.Please click below if you wish to continue to LimeFX anyway. When you buy a CFD contract, you speculate on the price movement of the underlying asset.
Why is Choosing the Right Account Type Important?
Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. I appreciated LimeFX for developing the bulk of its research materials in-house. Its content is diverse and provides a basic explanation of current market trends and developments. However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective.
Last but not least, LimeFX’s customer support department is up to the highest standards, as the agents are responsive and fully prepared to answer all questions you might have. Whatever traders’ experience is, they can start exploring trading opportunities while they are out and limefx scammers about after they scan the QR codes that are available on the brokerage firm’s website. Traders can also download the apps from the App Store or Google Play for free. Explore more than 300 instruments across 6 asset classes and trade CFDs with superb trading conditions.
Platforms
- You can take advantage of our excellent trading conditions and products, including a wide range of accounts and flexible spreads across a range of assets.
- All essential safety information is present and written in an easy-to-understand way.
- For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
- Users of the brokerage firm can also execute their trades while they are out and about, as LimeFX’s mobile apps make it exceptionally easy to keep tabs on the market anytime and anywhere.
- What makes this brokerage firm stand out from the competition is it provides traders with spreads starting from as low as 0.0 pips, flexible leverage, fast execution, and fast deposits and withdrawals.
LimeFX offers more than 300 instruments across several asset classes, including FX pairs, commodities, share CFDs, indices, cryptocurrencies, and futures. The offering is well-balanced and suitable for the execution of multiple trading strategies. LimeFX offers commission-free trading and above-average floating spreads. The broker does not charge deposits and withdrawals but has issued an inactivity fee. To better cater to the needs of all its clients, the brokerage firm offers assistance via email, contact form, or live chat.
What platforms does LimeFX offer?
Spot energy commodities like WTICash, NAT.GASCash, and BRENTCash are also among the indices traders can deal with. It is only natural that traders want to have a well-regulated limefx official site and trusted broker by their side, and because of this, it is a must to check the regulator which oversees its operations. LimeFX is a brokerage firm, which is licensed and regulated by the Seychelles Financial Services Authority with license number SD029.