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Furthermore, traders from the UK and the EEA are protected under the Financial Services Compensation Scheme and Investors Compensation scheme respectively. I would suggest getting in touch with the customer support at LimeFx if you’re stuck, they’ll be able to help with any questions you have. Bank/Wire https://limefx.group/ TransferCredit CardsDebit CardsPayPalNetellerSkrillI should mention that you need to use the same method you used to deposit your funds to withdraw any funds too. All methods are extremely fast and deposits are done instantly, though they do of course take a bit longer with wire transfers.

With numerous clients served in many years of operations, I have seen LimeFx become an established broker within the online brokerage industry. They have processed millions of orders from millions of clients across the globe. This is a tool that gives you an overall view of the markets on a screen. It shows the ‘currency movers’ which shows the movement of different currencies. I was able to select the moving currency against EUR, USD, GBP, etc to see the percentage of the movement. This displays the percentage of LimeFx’s clients that are buying and selling an asset, also known as the market sentiment.

Compare LimeFx with other approved brokers

It has a limited risk account at no additional cost, no commissions, and is tax-free. It is easy to use and fully customizable to suit any trading style. It allows chart assets at 21 different time frames and gives the ability to have up to 100 charts open at any given time. It has a low spread from 0.6 pips, has Buy Stop Limit and Sell Stop Limit orders, tick chart trading, and market depth information.

The desktop version is available at LimeFx.com and the mobile applications for iOs and Android are available to download on mobile devices. LimeFx is committed to quality and providing the highest standard for customer support. Each rep has been expertly trained to handle a wide assortment of issues and to get you going quickly lime fx on to your path for success, 24 hours a day, 5 days a week. LimeFx is in compliance with GDPR or Data Protection Officer monitoring. This means that all the systems and data of the broker are securely protected. The broker also undergoes regular audits ensuring the utmost transparency, which makes it one of the safest brokers.

However, the spreads on cTrader are lower than those of other account types. You can use any platform you like from MT4, MT5, cTrader, and LimeFx Edge. An extensive education section that contains a free Forex basic lesson arranged into nine courses.

LimeFx Reputation & Reviews

Basically, this broker seemed to me pretty reliable and I have decided to join this community mainly because of tight flowing spreads and tons of positive reviews. Though I’m afraid the popularity of the broker may impact the quality of the customer support. It came out of nowhere, they say the matter can’t be discussed further, I don’t even know why. Stay away from LimeFx, it will be a very frustrating experience for you, I stopped trading with LimeFx once I start withdrawing my profits from the trades I made on benarmstrong-trades. Deposits and withdrawals are very easy to execute while dealing with LimeFx.

Traders who lack the time to visit the course materials can make the most of these video tutorials. While this may help, the videos are limited in terms of challenges where professional traders are concerned. MT4 offers up to 50 technical indicators to clients depending on the type of account. It also enables the use of custom indicators and EAs (trading bots.) However, MT4 has certain restrictions on stop loss and limit orders. LimeFx offers standard trading tools such as technical analysis and Forex news, which are very helpful in trading.

One of the notable aspects of the LimeFx broker service is the use of the same payment methods for withdrawing funds and funding traders’ accounts. For instance, if a trader used either of the payment gateways like PayPal, Skrill, Neteller, they must withdraw using the same payment option. The same applies to credit cards, where the withdrawal amount is deposited to the traders’ credit card. Trading features supported by the platform are easy to implement with the added advantage of forex calendar, market indicators, and other tools.

Where is LimeFx based?

The account also allows experienced traders to practice their trading strategies risk-free before implementing them on live accounts. LimeFx offers the full suite of the MT4 as well as the MT5 trading platforms. This includes desktop versions as well as mobile version plus a web trader version.

LimeFx offers most of the popular trading platforms like MetaTrader 4 or MT4 platform, the cTrader platform, and even the latest MT5 platform. LimeFx is above the industry average forex trading platform in comparison to other best forex brokers in the market. Thus, traders can choose the most suitable one of the platforms.

Deposits

With over 70 currency pairs, this broker shines in the Forex market. In October 2021, LimeFx greatly expanded its CFD offerings to list over 2,000 different opportunities for CFD trading, including popular assets in Asia, Africa, Europe and the United States. The true NDD execution model is the prime selling point for LimeFx, but the limited share trading may be a turn-off for some traders. DailyLimeFx adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results. All clients at LimeFx have limefx scam the same retail account, although there are some differences based on which trading platform is being used. For example, only traders using the MetaTrader4 platform have access to fixed spread trading. LimeFx offers multiple payment options for funding clients’ accounts and also for withdrawals.

There are also thousands of shares available to trade in LimeFx’s BnkPro app, though it isn’t yet fully available globally. The following table summarizes the different LimeFx products available to LimeFx clients. Trading Central uses both automated price analysis and professional market analysts to provide some of the most accurate and up-to-date forecasts available.

They also offer other tools including a VPS for qualified clients, trading calculators, economic calendar, traders’ dashboard and more. LimeFx is a global, experienced broker that have won multiple awards. I like that they are regulated in multiple countries as this means that they must abide by the applicable regulations put in place to protect investors.

• They also pride themselves in avoiding re-quotes in most cases.
• Some of the awards include Best LimeFxvider 2021, Best Trading Platform 2020, Best CFD FX Provider 2021, and more.
• The commission-based pricing is decent, but there are other good brokers out there offering lower commission (E.g. LimeFx commission is $3.5 per 100,000 unit traded).
• Also, MT4 and MT5 demo accounts are limited to a maximum of 70 open positions.

Users can self-assess by taking up these online tests to gauge their progress. While the account opening process is quite fast and seamless, visitors are expected to complete their KYC. Proof of residence and ID is a mandatory requirement for completing AML/KYC that may vary depending on the visitor’s location. Most of the sections can still be accessed without registration.

LimeFx Review 2023: Detailed Analysis of The Broker!

On the negative side, LimeFx’s product portfolio is limited to forex and CFD. Non trading fees are average, there is also an inactivity fee that kicks in after 12 months of no trading. BrokerChooser gave LimeFx a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account. The LimeFx review was crafted by our devoted team of LimeFx and business professionals at Compare Forex Brokers. We’re regarded as the go-to authority on broker review content. Each trading platform comes with its own set of trading conditions.

At LimeFx, stock index CFD fees are low, while stock CFD fees are higher than what peers offer. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

The LimeFx Premium Account

LimeFx advice helps in executing profitable trades and having the technical knowledge helps strategize better. Users can directly refer to this section if they understand the basics of trading. The Basics section also offers self-checking online tests for self-assessment to help users gauge their basic forex skills. In fact, upon passing the online tests, users can also download the study materials for future use.

The ‘Price ticker’ shows the assets prices and their percentage change in real time. My favourite part is that it also shows the volatility charts of selected assets. All of these tools are great for improving market analysis in my opinion. The broker states unequivocally that it is neither an ECN or STP broker. LimeFx claims to not intervene in the pricing or execution of client orders. ‘Quotix’ is LimeFx’s proprietary aggregator that collates prices from over 12 liquidity providers.

TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.