LimeFX Broker Review : Is It a Good Broker or Not?

LimeFX has done a fantastic in both departments which complement the trading conditions offered; the attention to detail and fresh content is respectable. LimeFX is committed to providing its clients with full trade reporting and support. In this regard, it posts its monthly slippage statistics right on the website. Traders can choose between instant execution and market execution a feature not made available by many other Forex brokers. They also offer advanced order-matching and execution technologies that are continuously upgraded.

All payment transactions here are processed quickly. That’s why I highly appreciate the work of LimeFX. These guys know how to present a competitive product to clients. Actually, many brokers might be envious to them.

LimeFX Review: Individual Approach to Traders’ Needs

Available leverage also varies according to the regulator. When trading forex and CFDs, it is crucial to know a broker’s strengths and weaknesses. That is why FX Empire developed its proprietary rating system.

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process. Each one of these limefx forex brokers reviews is graded, and an overall score is calculated and assigned to the broker. Global support is available 24/7, from a multilingual team at LimeFX offices worldwide.

• For example, you can trade futures on Metatrader 5.
• It so obvious that they have this advanced corporate culture, through which they bring out the best type of services they have to their customers.
• Some entities of LimeFX allow deposits via digital wallet.
• LimeFX Edge is a customizable trading platform offering tax-free LimeFX products across six asset classes exclusively for the residents of the United Kingdom.

I started working with this broker recently and I like everything. I decided to try trading Metatrader 4 for the first time, because I know how to create orders there and how to do technical analysis. I really like it and I could understand everything.

Account Types:

Typically, LimeFX charges traders a $5 inactivity fee per month if the clients’ accounts remain inactive for a period of six months. Other than this, LimeFX also charges clients a one-off https://limefx.biz/ $15 fee for maintaining their trading accounts. Spot Metals, FX pairs on cTrader for instance are some of the commodities where clients are charged with a standard commission.

• I started trading with LimeFX only because they’ve got the best trading fees for ctrader users.
• LimeFX is a decent company with favorable trading conditions.
• While all the courses in LimeFX education are interactive in nature, it is still important to self-check or assesses one’s understanding.
• See a more detailed rundown of LimeFX alternatives.

I think this is great, so I advise everyone to open an LimeFX demo account and try trading here. This year LimeFX broker offers full week trading. Since July 31, 2021 LimeFX traders can trade Cryptocurrency CFDs 24/7, even on weekends! International broker LimeFX has recently expanded its line of CFDs on cryptocurrencies at the request of its clients. It is very important to be able to manage your positions even on weekends, during the periods of sharp volatility on the crypto market.

LimeFX has the fastest order execution

This is exceptional for an industry where the norm is 24/5. Support is available in 18 languages, via email, live chat, a request call-back service, and telephone via a local UK number. Support teams at LimeFX are available to help with technical and account-related questions but, as with all regulated brokers, cannot offer LimeFX advice.

Along with practice on my demo account I started to study video lessons and other training materials. Many traders on forums wrote that it was the best and most popular Forex trading software. It wasn’t long before I started using cTrader.

It allows you to be very flexible in your daily trading. You can either work on one asset on several accounts or distribute financial instruments between several ones. Secondly, the broker has several popular trading platforms. They are suitable for both a beginner and a professional. I have spent most of my experience trading currency pairs.

LimeFX Mobile App

In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. LimeFX offers access to over 2,100 tradable instruments, spanning forex limefx cheating and CFDs on commodities, indices, shares, futures and cryptocurrencies. The range of tradable instruments is above average for the industry. Charting via the desktop platform is robust with 26 available time frames, 4 available chart types, 76 indicators and more than 10 drawing tools.

• That is, I will not physically buy and sell different stocks, but simply trade contracts.
• Unfortunately, LimeFX does not offer any bonuses, so you will not get the chance to apply for a LimeFX bonus.
• I wanna say that I came here under strong impresion of some articles devoted to cTrader.
• Several regulators regulate this broker at once.
• With the wallet traders can transfer funds from their trading account to the wallet, and vice-versa, at any time.

Here you can make a more reliable analysis using indicators and timeframes. I can recommend this broker to any trader as I am not ashamed of it. Perhaps, the greatest advantage of this company is a very rich choice of trading accounts.

I always have a good profit and withdraw it without any problems. Imho, LimeFX is a trustworthy company with good conditions and high security. If the balance on your account goes into negative, you will be protected. LimeFX is a CFD and forex broker with a large number of currency pairs offered.

He provided evidence of being paid to leave a fake client review for LimeFX. The only reason the FPA can think of for requiring an NDA is that any report on the incident will incriminate someone in upper management who is still working for the company. There are 2 reasons we can think of for denying contact with the CEO.

First of all, I want to tell you about broker regulation. Your profit will be meaningless if you are not allowed to withdraw funds or your account is frozen. Several regulators regulate this broker at once.

We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders. Absolutely no problems with deposit/withdrawal, really stable connection to the server, fast platform response. But for beginners, I insist on a demo account. To be confident in your skills before using real money. After realizing what it is and having tried it on a demo, start trading on a real account. LimeFX offers the choice of Metatrader MT4 and MT5 platforms as well as cTrader.

Because you don’t keep money in all accounts at once, but in one Wallet. Here they are safe from a single losing or forgotten trade. If necessary, the funds can be quickly transferred to the desired account. Yes, there are fixed spreads here, for almost 300 assets and without additional fees.

Access to multiple trading platforms like cTrader, MT4, MT5, etc. High trading fees in comparison to other trading platforms. The educational section of the platform lacks information on the fundamentals of CFD and Forex. Wide range of trading tools for seamless trading activity.