LimeFx is the market leader in providing access to international financial markets and for good reason. LimeFx traders can get in touch with the broker’s customer service team via phone, live chat, and email. Although a good range of contact methods are offered by LimeFx, phone, live chat and email support is not available on weekends and restricted to 24 hours a day, 5 days a week. MT4 users can automate trading using Expert Advisors (trading robots).
Research is available as news and analysis on key markets and relevant geopolitical developments, including technical analysis on selected price charts. LimeFx offers actionable trade ideas, and the LimeFx TV channel provides ongoing market coverage of core events. I like the well-structured approach to research and rate the LimeFx research section among the industry leaders.
It offers a wide range of trading instruments, competitive spreads and commissions, and excellent customer support. However, traders should be aware of the slightly higher commissions on Zero and Ultra Low accounts, the limited withdrawal options, and the lack of proprietary trading platforms. Overall, LimeFx is a good choice for traders of all levels of experience.
With Islamic accounts, a flat commission is charged if you hold your leveraged position overnight instead of the percentage-based financing rates.LimeFx doesn’t offer corporate accounts. If you sign up for a non-European entity, you will not be eligible for European client protection measures. Safety and convenience are both guaranteed, although nothing special or new is on its service platter. LimeFx is a steady and ever ready forex service provider, a good characteristic of a broker for traders who look for a dependable firm. Yes, LimeFx is a reliable broker with world-class trading technologies and educational resources. Over 5 million happy traders worldwide have chosen LimeFx because of its reliability and trustworthiness.
LimeFx charges no additional fees on deposits or withdrawals except where an amount of less than $200 is moved by wire transfer. LimeFx Group (LimeFx) stands as a conglomerate of online brokers, meticulously regulated and dedicated to providing a plethora of trading opportunities for investors globally. The inception of Trading Point of Financial Instruments Ltd in 2009 marked the beginning of LimeFx’s journey, subsequently… Hundreds of video tutorials teaching trading basics, fundamental and technical analysis, platform guides, risk management techniques and more. Our mission is to provide best quality trading tools for Metatrader 4 terminal. If you like our free indicators and EAs, kindly consider buying a product to support our work.
You can get additional tools that come from Avramis, among other features. You can enjoy functions like ‘Fill or Kill,’ ‘Immediate or Cancel,’ technical analysis, fundamental analysis, and over 79 analysis tools. With the LimeFx micro account, you can open up to 300 positions at the same limefx company reviews time. All of these regulatory agencies are from first-world countries with strong law enforcement measures in place. When trading with this broker, you will not have to worry about safety. We also found out during this LimeFx review research, that the broker is more widely regulated.
Trading bonus is useful for bolstering equity to margin ratio. If anything changes i will re post here but my experience is so far excellent. LimeFx also offers an Islamic account to its Muslim clients which is a Swap-Free account where there is no interest charged on overnight positions. LimeFx also offer an ultra-low account, which offers extremely tight and competitive spreads. These changes were implemented by European regulators and have placed leverage changes for European Investors/Traders. We have down a comparison on leverage for offered by LimeFx vs two other highly trusted brokers that are regulated by the FCA.
Importantly, we do not recommend that beginners trade with high leverage – this can increase the risk of large losses. High leverage will appeal to seasoned traders with effective risk management strategies. Overall, the mobile application works well for trading on the go, with one-tap trading functionality, access to the broker’s full suite of 1,000+ instruments and interactive charting. MT5 will serve experienced traders thanks to its wider range of indicators and order types, faster processing, and extras like the integrated economic calendar. Customer data protection policies are another important consideration, as they demonstrate a broker’s commitment to keeping your information secure.
LimeFx aims to process all withdrawal requests within 24 hours, and there are no fees involved. So whether you’re looking to fund your account or withdraw your profits, LimeFx makes it easy. All client funds are segregated and held in trustworthy banks.
Support is provided in 28 languages making it very convenient for clients from all over the globe. This LimeFx broker review found that LimeFx allows deposits to be made in any currency. However, they will be automatically converted into the base currency that the client chose when they opened the account. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
In addition, LimeFx Broker’s transparency, competitive pricing, and excellent customer service make it one of the best options. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible. What we advertise is what we give our clients, regardless of the size of their investment. All LimeFx clients are allocated a personal account manager who is available to assist you with any account or trading question you may have. LimeFx personal account managers have a reputation for ensuring their clients get the best from their trading activities. At this stage, ASIC and the IFSC do not enforce or provide any compensation schemes to protect retail investor accounts in the case that their broker becomes insolvent.
Please note the different leverage offerings to European (EU) and International Investors/Traders. As we always say, make sure that you are very well prepared for the market. LimeFx is the best forex broker one of the rightest places for beginners for beginners, mid-level, and professional traders. If you like to do high-volume trading, they may not be the best choice for you. There is a feeling of safety when trading with LimeFx, as they are one of the most heavily regulated brokers in the world. With negative balance protection in place, you can be sure that you will never lose more than you deposit.
These charting tools can be found on the MetaTrader trading platforms.On the negative side, the design is outdated and some features are hard to use. For example, it was hard to figure out how to remove an indicator from the chart. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won’t have to pay a conversion fee.
Should prices change, market execution using the best available price in place of a requote will be applied. In this respect, the LimeFx mission is to provide the best execution possible. When you start out trading it can be wise to start with nano lots before progressing to micro and then mini lots. The more currency you invest, the more risk you take on, so it can be prudent to build up your skills before using larger lot sizes. The main difference between each account is the allowable trading size.
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFx operates as a hybrid broker model offering both market maker and STP/ECN execution. ECN-only execution is provided for selected account types with commissions, delivering direct interbank market access for the tightest spreads. Overall LimeFx is a broker we can recommend without any hesitation.
We do not present any investment advice or guarantees for the accuracy and reliability of the information. The main branch located in Cyprus regulated by CySEC, yet offices are truly cover global needs and serve through Australia, UK, Belize, Greece also authorized in Dubai and MENA region. The private company behind the LimeFx brand is Trading https://limefx.name/ Point Holdings. Answers are quick, and their relevancy is mostly OK.Live chat is quick to respond to the first message but gets a bit slower with subsequent questions. 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.
If you take a look at the commission-free Standard Account and Micro Account, its average spreads for the same currency pair is at 1.7 pips. However, if we put the commission-based account into the picture, the average spreads will have traders trading the same forex pair at 0.8 pips. LimeFx Group continues to evolve to provide better trading services to traders worldwide.