The caveat is that the pre-market reaction to such news may reverse in the regular trading session. The limited trading volume in the pre-market may provide a signal of weakness or strength that may not be limefx official site borne out when the market opens and regular trading volumes are reached. For example, a stock that reports an earnings miss may be down significantly in pre-market trading but could reverse course and end the day higher in the regular session. Our LimeFX review found the forex broker offers one of the extensive choices of trading platforms from all online brokers. Not only does LimeFX offers a choice of 4 trading platforms (2 of them the best social trading platforms) the broker also offers 7 speciality platforms. Our review of LimeFX found that the company offers a straightforward account structure, average spreads, a combination trading execution model, and a good selection of trading platforms.
Raw Account Spreads
- During regular trading hours, multiple exchanges, ECNs, and market makers provide stock prices, leading to better price discovery.
- The analysts said several market indicators that normally flash ahead of US elections are notably quiet this year, signaling potentially fewer worries about the election’s impact on the market than in past years.
- “US equities have been very strong coming into this election cycle compared to the past,” the analysts said.
- LimeFX can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc.
- This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders.
The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs. With news events and earnings releases often taking place outside of regular trading hours, LimeFX has launched 24-hour trading on US stocks. The Trading Station Mobile platform lets retail traders quickly and easily access the forex market.
The analysts pointed to the market’s continued rally into the months leading up to the election. They note that typically, investors rotate out of equities before the election, making the prior month’s performance usually negative. The election tends to have a strong impact on the path of the market in the run-up to the vote, but traders appear focused on other things this year, Citi analysts said. Use the calculator below to compare LimeFX’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency.
Is LimeFX regulated and safe to use?
Pre-market trading is the period before regular trading hours where traders can schedule trades. These trades are not executed until regular trading hours, which means scammed by limefx they may not be the real moves the market is going to make that trading day. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements.
The S&P 500 is down 0.3% in the last month, but in the last six months, it’s up 10.7% as it continues a strong bull run. The analysts said that strong performance in the weeks leading up to Election Day is likely due to the strength of US economic conditions, rather than markets taking positions in a “Trump Trade” or a “Harris Trade.” The analysts said several market indicators that normally flash ahead of US elections are notably quiet this year, signaling potentially fewer worries about the election’s impact on the market than in past years.
Reviews
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Lag time, which naturally occurs due to the time taken between placing your order and completing your order, can see prices change. When comparing the spreads to other brokers, LimeFX at first glance appears to have only average spreads. While any trader can trade during pre-market hours, this period requires a high level of market awareness, strategy, and experience. For traders who can trade pre-market, it can be very profitable but can equally cause losses.
The LimeFX Trading Station forex platform is generally hard to fault, it has a very user-friendly design and comes with has become LimeFX’s hub for investment advice. One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators. One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place. This simplified trading process makes the platform a great tool for beginner traders. This account is a commission-free account, which means the trading costs are included in the spreads.