Best Forex Brokers for Large Accounts

The customer service team is available 24 hours a day, 5 days a week. In the event that a complaint is received, LimeFx will work with the customer to resolve the issue as quickly as possible. LimeFx takes pride in offering outstanding customer service and is always looking for ways to improve the customer experience. LimeFx customer support is amongst the best across all forex brokers. Besides the 1000 + CFD products covering a range of asset classes, and regulators including the CySEC, FCA, ASIC, IFSC, and DFSA, you can open an account with a minimum deposit of $£5.

• All our clients receive the same quality services, the same execution, and the same level of support.
• The commodity offering is at least in line with the industry standard with 15 different commodities to trade.
• You can automate your analysis and gain access to the proprietary indicators by contacting your personal account manager at LimeFx Group who will be happy to get you started and provide you with assistance.

They offer both MetaTrader 4 and MetaTrader 5 and they have tweaked them slightly to suit the specific needs of their users. This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on LimeFx FX broker performance and features. You can deposit money in any currency and it will be automatically converted into the base currency of your account, by LimeFx prevailing inter-bank price. At LimeFx demo accounts do not have an expiry date, and so you can use them as long as you want.

What Is LimeFx Deposit Bonus

I found LimeFx’s live chat the easiest and quickest way to contact customer support and the best part is, you will get instant response from human representatives during working hours and they will answer your questions. If you are new to trading online and would like to learn more about the different platforms available and how to use them, LimeFx have a generous selection of tutorial videos that can help. The management team have hosted hundreds of seminars in over 120 cities to educate traders. They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base.

• Suitable for both beginner and seasoned traders with versatile investment skills and practices, MT4 can be regarded today’s ultimate trading software in virtually every spot of the globe.
• Not a deal-breaker by any means, but something worth bearing in mind if you’re looking to trade CFDs on multiple precious metals.
• We found that sometimes we had to ask the same question multiple times to get a straight answer.LimeFx phone support was fast, but we didn’t always receive relevant answers.

Those who wish to switch from one version of MetaTrader to another need to open an additional account through the Members Area. Finally, both platforms are available in the form of web-based terminals. These do not require any downloads as they work directly https://limefx.group/ in browsers. The broker offers a choice between MetaTrader 4, MetaTrader 5, and LimeFx Webtrader. The first option is best for Forex and those who are only learning to trade online. Its interface is relatively simple, as there are fewer features.

Best Forex Brokers in the UK

Luckily, he was at the right place to find a good dojo, a place where different kinds of martial arts are practised. Vahid has highlighted that in order to become a successful forex trader, one should have the right plan, start studying and learn from their mistakes. LimeFx provides negative balance protection for both EU and non-EU customers.

In this example, we can see an overview of Apple (AAPL) stock with key information such as margin requirement, min/max trade size and more. This in-depth overview only adds to the overall experience for traders and is in-line with LimeFx’s beliefs around transparency and education of its clients. LimeFx offers traders a wide variety of Contract for Differences (CFDs) including individual stocks and stock indices and commodities. However, LimeFx does not currently offer CFDs on ETFs or on cryptocurrencies. This is a somewhat notable limitation, particularly on the cryptocurrency side, with many traders wanting at least the option to trade some of the more popular cryptocurrencies.

Who are Forex Trading Market Participants?

The decision about which platform to choose is clearly based on what a client would like to trade. At LimeFx, clients have the choice to select the MT4 family of platforms or the MT5 family of platforms. Without its own proprietary dashboard to become adept with, users who are already familiar with MetaTrader can seamlessly transition to the standard trading interface. The web trader and desktop trading applications are all offered via MetaTrader (choose from either MT4 or MT5). LimeFx excels when judged based on the reliability of its platform and execution. The company boasts that over 99% of its trades are executed in under one second and matched without any problems retrieving quotes or orders being rejected.

Exotic pairs tend to be traded less frequently, in comparison to majors. In forex trading, some currency pairs are nicknamed majors (major pairs). This category includes the most traded currency pairs and they always include the USD on one side. As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. All LimeFx clients have access to a personal Account Manager, as when it comes to customer service, the size of your account does not matter.

FxPro also have the cTrader platform if you want to check them out. LimeFx is a well-established brand that offers a broad array of instruments. Its variety of platforms and account types meet the needs of any Forex and CFD trader.

Trading Forex With LimeFx MT4

Clients who need the freedom to trade in multiple asset classes, are recommended to choose the MT5 family of trading platforms, which also gives them access to the LimeFx WebTrader. A forex trading platform is in essence the software provided by LimeFx to its clients to carry out their trades. If you are just starting to trade forex, a demo account is a good choice.

Login and security

When it comes to withdrawing from LimeFx, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. LimeFx always have a range of promotions they are running at any given time.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. LimeFx does not have a crypto funding method, limefx reviews which is a bit of a let down considering that many traders have crypto wallets these days. If you are one of those traders, Axi can be a good alternative if you are looking for a broker with crypto funding. Don’t worry if you are not trading enough volume, you can still request the LimeFx VPS in the Members Area for a $28 monthly fee.

LimeFx

In addition, this research can be filtered by asset class, which is a huge bonus for traders in being able to get to see what they want to see. A dedicated Shares account is available for those who wish to focus only on direct stock trading and investing with no leverage, not CFDs. This is only available if you are trading under the IFSC regulatory umbrella.

This is a very reasonable fee for a VPS, I pay around $30 for mine and it is fantastic for running automated systems around the clock. The VPS fee will be automatically deducted from your MT4 or MT5 accounts on the first day of each calendar month. We have clients from over 190 countries and staff speaking over 30 languages. Our management has visited over 120 cities globally to understand clients’ and partners’ needs. By using our LiveChat, you agree that any personal data provided via LiveChat will be processed by us, as per our Privacy Policy, for the purpose of receiving assistance from our Customer Experience team.