No matter the economic status and situation, raw materials are always important and affect the economy of all countries. Their price depends on supply and demand, and global events such as wars can greatly affect them. For example, the Russian aggression against Ukraine caused fears of global famine, as both countries are large suppliers of both oil and wheat. In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply. As you know, LimeFx works with good conformation to regulations. We were able to have the call answered within less than 5-10 minutes.
- The extensive audit report is readily accessible in the public domain, symbolizing transparency and commitment to accountability.
- It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
- Furthermore, it grants access to several features of professional ECN accounts.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
- Still, the overall approach to customer support remains excellent.
- The first kind of charges to keep an eye out for are trading charges.
LimeFx presents a secure and trustworthy trading environment, and I appreciate its transparency and client protection. Over the past 16 years, LimeFx became one of the most competitive Forex brokers. I highly recommend it to all traders, particularly algorithmic and high-volume traders.
It was in the year 2015 that Skrill was acquired by the Paysafe Group along with former rival Neteller and the prepaid payment company paysafecard. It supports over 1,000,000+ registered users and over 8 years of expertise on its own record. They’re among the world’s top trading platforms and also a dominant figure in the Fintech revolution.
High quality forex broker
That is, an online broker isn’t necessarily affected by the amount of customers they have. Another concern with online brokers with respect to security might be manipulation of trading. Nonetheless, this is much more widespread in the case of Market Maker brokers who compete with users on the platform.
Getting started on LimeFx – main steps
I like its focus on trading strategies, but I need critical educational material. Traders should always use appropriate risk management with leveraged https://limefx.name/ trading to avoid magnified trading losses. Negative balance protection exists, meaning traders can never lose more than their deposits.
Forex Robot Reviews
It also serves as an assurance to clients, offering a robust Compensation Fund covering up to €20,000 per trade claim, acting as a financial cushion and reinforcing client trust. LimeFx offers 43 currency pairs, a choice suitable for most traders. Traders also get 18 commodities, 16 indices, 27 cryptocurrencies, 2 bonds, and 437 equity and ETF CFDs. I like the overall range of assets, as it provides most traders withall they need to achieve cross-asset diversification.
What are the procedures for withdrawing my money from my account?
I always recommend that traders check these before evaluating the total trading costs. Swap rates on leveraged overnight positions are also competitive, making LimeFx an excellent limefx official site choice for all trading strategies as long as they select the ECN option. If you decide to open an account with LimeFx, we will provide all the necessary steps in detail below.
