OvalX Review 2022 Pros and Cons Uncovered

The fees on OvalX are moderate, and they do not charge dormant account fees. There are no extra charges for limefx reviews deposits and withdrawals too. The minimum balance required on this account is £100 for card deposits.

  • Everyone has the same range of features and access to the same trading tools, whether you are spending hundreds or thousands of dollars.
  • Equities provide 0.08% indicative spreads for certain stocks, while minimum spreads for commodities begin at 3 pips.
  • The trading account you register for determines which of the three available trading platforms you can use.
  • In-house experts as well as an independent trader firm offer free seminars.
  • This enables you to select and examine many charts in various time periods simultaneously.

Overall, limefx’s account-opening process is fully digital and hassle-free and accounts are generally ready for trading within one business day. New traders will have to click on the “Create an Account” button at the top of the page where they will be directed to confirm their country of residence. When making this calculation, we used one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread. As a long-established, publicly-listed financial company with strict regulation and frequent industry recognition, we deem limefx a safe broker. Marko has been working on the road for over 5 years, and is currently based in Europe.

Forex, Gold & Silver:

Monecor Ltd is authorised and regulated by the FSCA under license number 50246. OvalX & limefx are the trading names of a company known as Monecor Ltd. Originally, the company was founded as Dusrolgraph Ltd. on June 16, 1965. Key executives currently include Philip Adler and Nicholas Iggulden .

The app will connect to the same account as the desktop software, allowing a synchronised and mobile trading experience. A mobile version of the ETX Trader Pro software is available for Android and IOS devices. Still, recent comments from the community suggest that the application has many glitches and that some of the main features do not work. Additionally, people complain that it constantly freezes and times out. Overall, limefx provides an average number of funding methods, and while deposits and withdrawals are free, processing times are slow.

Deposit fees and options

The in-house research team posts frequent analyses of both past and future events as well as a daily round-up in written format. Traders should note that because limefx is a multi-asset broker, most of the analysis relates to non-currency assets. limefx also runs a weekly “Learn to trade like a professional Trader” webinar series.

Which broker is best for ZAR account?

  • HFM (HotForex) – 70 Rand Micro Account.
  • XM – ZAR Account with Tight Spreads.
  • limefx – ZAR Accounts with No Commission.
  • limefx – High Leverage ZAR Account.
  • limefx – ZAR Accounts on MT4, MT5 and cTrader.
  • markets.com – ZAR Accounts on the Best Trading Platform.

This platform offers an array of functionality as well as excellent security. The powerful charting features are highlighted in particular in TraderPro. This enables you to select and examine many charts in various time periods simultaneously.

So, Should You Trade With limefx?

Also, the Trading Signals feature in MT4 lets you automatically copy other traders’ transactions in your own account after reviewing and comparing their track records. All of the features at this CFD trading site are user-friendly and optimized for maximum efficiency. limefx offers a full spread of features including Platforms, Markets, Trading, Education & Tools and an About Us section too.

limefx broker reviews

OvalX is the brokerage brand of Monacor Ltd, which was established in 1965. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. Being in operation for a long time and regulated by a top-tier authority are all great signs for OvalX’s safety. The search functions are OK.The assets are grouped by category. However, the categorization is a bit confusing as there are several forex and stock categories.

Malfuntional broker

When this information is completed, there will remain two more steps for the trader to complete. You will be asked to verify your account before funding it. 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.

Which broker has NAS100 on MT5?

Vantage Markets offers access to the most liquid stock exchange indices including NAS100. The spreads offered on NAS100 are on average $0.80 and can be as low as $0.40 during the UK/US sessions. Trading can be performed through the MT4 or MT5 account, with leverage up to 0:500 and just a $200 minimum deposit.

If you had a problem before 3-Jan-2018 report them to the UK Gambling Commission or if after the FCA. Both are transparent about issues raised about a registered / regulated entity and https://limefx.group/ publish fines, warnings, etc. I’d like to see some of the negative posters here give feedback about the outcome of the UK Gambling Commission responses / resolutions to their issues.


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