Yearly Archives: 2021

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My Positive Experience with LimeFx

The LimeFx group presents clients with two regulated trading entities and maintains a secure trading environment. I think the right answer to this question is the abundance of services it offers. This broker sincerely cares for its traders, and that is why I am still with it. It’s not just about you bringing your funds to trade on its platform but it also wants you to be successful in trades making sure it’s a win-win situation. Some of the features are the readily available educational material, they also hold contests once in a while, which can be very encouraging, and other support services. In conclusion, the broker makes the most out of the platform and satisfies its traders.

Get a Forex Pro on Your Side

Welcome bonuses are available at LimeFx when you register for a new account. However, they do change over time and vary between countries, so check the current offers available when you sign up. The MetaTrader 5 platform is not currently available at LimeFx. Instead, customers have access to the MetaTrader 4 platform. With that said, the brokerage does have plans to introduce MT5 in the future.

LimeFx Regulation & Security

1. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface.
2. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers.
3. I try to enter after data releases so that not to be caught in wide spreads.Also.
4. There’s a surplus of instruments and it doesn’t matter whether they are useful for me or not.
5. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives.

I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times. I don’t mind paying the small commission fee as the broker needs to cover costs somehow. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week.

The broker provides the highest quality…

Other than that, the set of tradable assets is also appealing, trade any you get used to. Perhaps, the website is quite poor in terms of information, but it’s not a very serious trouble. John Bringans is the Senior Editor of BrokerNotes.co and ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Determining the legitimacy of a forex broker (and avoiding forex scams) can be a real challenge.

This is not something exclusive to this broker, you will find most have a demo account available. If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts. These do charge a very competitive commission which varies depending on the level of the account. In general, the more you deposit, the lower the commission will be. I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile.

Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds. Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes. This helps to reassure clients that their funds are safe. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account. Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading.

There is a wide range of stock, commodities and futures available for trading. While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. An FX withdrawal takes between one and ten business days, dependent on the payment processors and the geographic https://limefx.biz/ location of traders. The secure LimeFx back office handles all financial transactions for verified clients. LimeFx received numerous awards for various aspects of its competitive trading environment. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.

I like the trading fees in the LimeFx Absolute Zero account, where traders get commission-free spreads from 0.3 pips. The upgraded MT4 trading platform is ideal for manual traders. VPS hosting exists for algorithmic traders and copy trading services are also available with a balanced asset selection and active trading community.

The same is applicable to withdrawals, too, but charges for them don’t look attractive. At least the broker has a source of income limefx review to maintain services quality on a high level, blessing in disguise. Hi Godfrey,Thank you for leaving us such a positive review!

Hi Dominik_nik,We’re thrilled to hear that our ECN execution has perfectly aligned with your trading strategy requirements! 😎 Swift and precise order execution is crucial, especially for strategies that rely on instant responses. If you ever have more strategies to explore or need further assistance, feel free to reach out. Overall, LimeFx ranks #52 out of the 62 brokers that have been evaluated and scored within our investment types category. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.

Going beyond daily operations, they engage with local communities, assisting in medical research and education. This shows strong business ethics and a responsible corporate attitude by supporting community development. Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making.

I don’t have any difficulties while I need to use certain tools to amplify the output from the conducted analysis. It may require some more time for analysis, because apparently way more instruments are engaged, but at the same time I don’t care. The results are positive, 5 orders out of 7-8 per day closed in green.

A BEA researcher estimated counting illegal activities would have increased nominal U.S. At the same time, the GDP figures include BEA estimates of what homeowners would have paid to rent equivalent housing so that the GDP does not increase every time an owner-occupied home is rented. The income approach, which is sometimes referred to as GDP(I), is the sum of the aggregate compensation paid to employees, business profits, and taxes less subsidies. The expenditure method already discussed is the more common approach and is calculated by adding private consumption and investment, government spending, and net exports. They can aid investors who have the skill to assess how current conditions, like falling GDP, might reshape future outcomes.

It is because GDP can vary by political definition even if there is no difference in the economy. For example, the EU imposed a rule on indebtedness that a country should maintain a deficit within 3% of its GDP. By estimating and including the https://www.dowjonesanalysis.com/ black market in its GDP calculations, Italy boosted its economy by 1.3%. To estimate real GDP, the BEA constructs chain indexes that allow it to adjust the value of the goods and services to the change in prices of those goods and services.

Cons of Economic Indicators

At the time of writing (Summer 2021), investors are becoming increasingly concerned that rising inflation will finally upend the bull run in the stock market. In April 2021, the CPI increased 0.8%, making it the biggest 12-month increase since September 2008. It has published its ISM Manufacturing Report on Business monthly since 1931.

U.S. real GDP growth rate (annualized) during the fourth quarter of 2023, compared to an annualized increase of 4.9% in the third quarter of 2023. Commonly used indicators of a company’s profitability include gross margin, operating margin, net margin, and return on equity (ROE). The relative strength index (RSI) is a technical analysis indicator that compares the size of recent gains to recent losses.

The indicators, which are selected based on a high predictive value in relation to GDP, are used to forecast the overall state of the economy. While GDP reports provide a comprehensive estimate of economic health, they are not a leading economic indicator but rather a look in the economy’s rear-view mirror. Markets track GDP reports in the context of those that preceded them, as well as other more time-sensitive indicators relative to consensus expectations.

How Is Real GDP Calculated?

Economic health, as measured by changes in the GDP, matters a lot for the prices of financial assets. Because stronger economic growth tends to translate into higher corporate profits and investor risk appetite, it is positively correlated with share prices. Conversely, stronger GDP growth can hurt fixed-income investments, like bonds, by making their returns less attractive on a relative basis. One limitation of lagging indicators is that strategies based on them can be less timely. Policymakers, like the Federal Reserve, use CPI data as a lagging indicator to guide decisions on combating inflation. While still in use, lagging indicators may increase the risk of decisions.

A key performance indicator refers to a quantifiable measurement used to measure a company’s success against a specific target or objective. In the world of investing, indicators typically refer to technical chart patterns deriving from the price, volume, or open interest of a given security. Common technical indicators include moving averages, moving average convergence divergence (MACD), relative strength index (RSI), and on-balance-volume (OBV). The Department of Commerce’s monthly release on new residential construction provides this regional and national information. BEA’s GDP estimates omit illegal activities, care of own children, and volunteer work for lack of reliable data.

As opposed to a forecast or a prediction, a coincident indicator informs investors of what is actually happening in the present. Therefore coincident indicators may only be useful to those who can correctly interpret how economic conditions today (i.e. falling GDP) will impact future periods. Annual GDP totals are frequently used to compare national economies by size. Policymakers, financial market participants, and business executives are more interested in changes in the GDP over time, which are reported as an annualized rate of growth or contraction.

1. One drawback of lagging indicators is that a strategy developed in response to such indicators may arrive later than optimal.
2. Economic data is usually far from perfect and still needs to be analyzed and interpreted correctly.
3. However, determining whether a specific company may grow its earnings based on one indicator of GDP is nearly impossible.
4. So, they should be used in conjunction with other forms of analysis.

In addition, business and market publications and websites typically issue economic indicator news upon its release. It’s a metric that’s generated by the collection of information about certain parts of an economy. Economic indicators can provide insight into overall economic health. They help policymakers, such as government employees and Federal Reserve board members, determine a course of action for the economy, as well as assist investors in their investment choices. Another issue relating to reliance on GDP as an economic indicator is that it is only released every three months. In order to make timely decisions, alternative economic indicators that are released more frequently are used.

The Department of Commerce’s monthly release on personal income and outlays provides data on consumer spending. It also provides information on inflation through a price index that reflects changes in how much consumers have to spend to buy certain https://www.forexbox.info/ items. A downside to economic indicators, particularly leading or coincident indicators, is that they rely on some degree of forecasting. While leading indicators are projections to the future, even coincident indicators rely on some assumptions.

What Is the Real GDP?

This allows investors to expect and access information at predictable intervals. Moving average (MA) is a technical indicator used to identify the general direction, or trend, of a given stock. Its purpose is to smoothen historical price data by generating a constantly updated average price. Common technical analysis indicators are the moving average convergence-divergence (MACD) indicator and the relative strength index (RSI).

Economic indicators can be affected by unreliable data or changing variables. So, they should be used in conjunction with other forms of analysis. It is an indicator that moves in a direction similar to the economy. For example, GDP is procyclical because it increases if the economy is performing well.

WHAT IS AN ECONOMIC INDICATOR?

It is often considered a more reliable measure of economic progress than the more widely used gross domestic product (GDP) figure. GDP measures the monetary value of goods and services produced within a country’s borders in a given time, usually a quarter or a year. Changes in output over time as measured by the GDP are the most comprehensive gauge of an economy’s health.

Employment Figures

Leading, lagging, and coincident indicators each tell a different part of the economic story. In the context of technical analysis, an indicator is a mathematical calculation based on a security’s price or volume. There are many economic indicators created by different https://www.topforexnews.org/ sources in both the private and public sectors. Indicators can be broadly categorized into economic indicators and technical indicators. Macroeconomics is a branch of economics that focuses on the larger view of the economy, such as markets, businesses, and consumers.