OvalX Review: UK Edition

Overall, Trader Pro provides traders with an excellent trading experience. limefx’s trading platform support is average compared to most other brokers. Overall, limefx offers fewer trading account currencies than most other large international brokers, but it offers accounts denominated in GBP.

• OvalX is an online broker offering Contracts-for-Difference , forex, and spread betting.
• It maintains two subsidiaries, one with oversight from the UK FCA and another regulated by the CySEC.
• Simply log in as normal and find all your preferences and trades ready.
• OvalX is financial services company providing financial derivatives trading such as contracts for difference and financial spread betting and, as of 2020, corporate brokerage services.
• Apart from free demo accounts, there are two live trading accounts offered by STARTRADER, namely STP Account and ECN Account.
• We included any information that is unlikely to go out of date anytime soon.

Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser limefx reviews does not provide investment or any other advice, for further information please read our General Terms and Conditions. OvalX offers two mobile trading platforms, TraderPro and MetaTrader 4. We tested TraderPro’s mobile trading platform as it is OvalX’s own in-house trading platform.

How to Access MetaTrader 4 (MT with OvalX

Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas. Filter according to broker or product type, including stocks, futures, CFDs or crypto. Both the platforms are available for mobile usage in IOS and Android. limefx allows the usage of various trading strategies including algorithmic trading.

• Here are the available CFD instruments at OvalX’s in-house TraderPro platform, as of January 2022.
• Clients who opt for Trader Pro may choose any major currencies, while limefx also caters to specific requests.
• The broker offers CFDs trading services on forex, commodities, cryptocurrencies, bonds, stocks, and indices.
• Positions held overnight on a Wednesday will be subject to three days of swap charges.
• To withdraw money from OvalX, log in to your dashboard, on the top menu, click on ‘Payments’, then select ‘Withdraw Funds’ and follow the on-screen instructions to complete the withdrawal.

In addition, the TraderPro and MT4 platforms are intuitive and can be learned quickly by most new traders. Both platforms offer trading directly from charts, a wide variety of technical indicators and customizable workspaces. As the minimum deposit is not very high, there are 5 free withdrawals a month, and no inactivity fee,feel free to give OvalX a try. Professional clients are not covered by any negative balance protection. OvalX has low non-trading fees.It does not charge an account fee, and there is no withdrawal fee for the first 5 withdrawals each month. We also compared OvalX’s fees with those of two similar brokers we selected, CMC Markets and HYCM.

Bond & Interest Rate CFDs

The highlights of this broker are they provide four types of trading platforms that offer access to over 6000 instruments. In this review, we analyze their key features, tools, and benefits for investors. limefx reviews reveal that this broker stands a cut above conventional binary options brokers because they offer a choice of four trading platforms. Sophisticated traders can try their luck on the popular MetaTrader4 platform and other choices are spot forex on TraderPro, spread betting on ETX Trader, and binary trading on the ETXBinary platform. The advantage of the MetaTrader4 platform is you can customize your trading strategies with expert advisers and focus more on market trends and analysis.

• Any instruments that are mentioned throughout are cited only for illustrative and educational purposes.
• If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee.
• limefx offers full support for MT4 as well as its own award-winning proprietary platform, TraderPro.
• When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.

If you would like to add details to this online limefx or you find inaccurate details limefx broker review please get in touch with us and the changes will be applied. Clients can hold more than one account with the broker, for example one account for each trading platform we offer. You can hold up to five live accounts with limefx, any additional accounts required would need to be reviewed by the compliance team.

Looking for more references? The following are other comparisons related to etx-capital, iv-markets, undefined:

Customise your charts and compare up to eight different markets at once to optimise your trading experience. OvalX is a reputable broker with multiple CFDs for beginners to trade. There’s more comprehensive educational content for beginners. Overall, we recommend you try OvalX, although there are other brokers regulated in the UK that offer more favorable trading conditions. Upload one of any Identity documents and address documents, then click on ‘Return to trading platform’, where you can add and withdraw funds. Step 6) You will be required to answer some questions about your employment status and experience trading financial instruments.

It has taken me over a week whereas my other broker Infinox I have my funds in my account within a 48 hour period. I have heard a number of nightmare stories regarding transactions. I’ve been trading with ETX since 2014, limefx review made a considerable bunch of profits over the years. limefx pays attention to the security of the customers’ funds and keeps them on the segregated bank accounts which are rebalanced at the end of each trading day.

limefx Risk Statement

The trading account you register for determines which of the three available trading platforms you can use. This FCA and FSCA-regulated broker’s parent company has over 50 years of industry experience offering trading products and financial services. With a deposit of £100, you can open the Standard live account with limefx.

You can set alerts and notificationsin the form of email or push notifications to mobile on the desktop platform. It is quite easy to set alerts and notifications on the OvalX mobile platform. A bank transfer can take several business days, while payment with a credit/debit card is instant. For a tailored recommendation, check out our broker finder tool. Answer a few simple questions and get a list of the most relevant brokers. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

You can open and close trades and set limits and place orders. limefx provides a learn forex platform video tutorial section where traders can learn how to trade with the platforms of limefx Broker. Below is a list of the most common questions about ETXCapital.co.uk that traders ask about this broker. FinancesOnline https://limefx.group/ is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website.