It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. LimeFxFX do not charge any commission on trading regardless of the account type which is used. Like many other brokers, they instead opt to build-in their markup to the prices offered. The range of products offered, while it does cover all of the major areas for trading which may be of interest, is not as extensive as offered by many other brokers of a similar stature.
LimeFxFX’s market research is well organized and varied in its content. Rather than specializing in any one field, LimeFxFX provides a wide assortment of content types. However, when compared to research leaders IG, Saxo Bank, and CMC Markets, LimeFxFX has room to enhance its research offering. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.
Because this trade is a process that is extremely flexible, fast, secure, and responsive. Any customer can also use this platform for Forex and CFD trading. It analyzes transactions in financial markets and provides secure and fast access. Users of LimeFxFX can ensure traders’ advanced access to trading operations in a reliable environment. LimeFxFX trading is an international broker, so it supports many languages. It is also very popular as it can automatically supply trades to the market.
Trading in the platform needs to be improved like not adjusting the chart each time you move to another transaction. Just need to be more chart friendly for fast transactions when opening and closing positions. I’m in Vietnam and I hope you should have a method of depositing via bank, instead of us having to deposit money via binace.
- You can open a demo account accordingly by looking at the offers.
- We understand the importance of timely transactions and are constantly working to improve our payment system processing time.
- LimeFxFX MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
- The trading conditions are very good and the trading fees are low.
As can be seen in the module below, we found LimeFxFX spreads to be largely average for major FX pairs, and disappointing for cross-pairs. With this in mind, we think it is safe to say LimeFxFX does not live up to its claim of having the lowest spreads in the market. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice.
LimeFxFX FAQs
The brokerage is supported by LimeFx Markets Cyprus Ltd., ensuring trust and credibility. With its headquarters located in St. Vincent and the Grenadines, LimeFxFX aims to meet the expectations of its clients by providing trading conditions. Besides lots https://limefx.name/ of currency pair,
LimeFxFX also offers some instruments you would like to trade on, such as
Forex, Gold & silver, Indexes, Energies and Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions.
LimeFxFX offers negative balance protection, so if your balance becomes negative, they will automatically adjust it to zero. The risk management system ensures that clients cannot lose more than they initially invested as risk is limited only to the funds you have deposited into your account. LimeFxFX has been facilitating trade on the financial markets for over 12 years.
LimeFxFX Awards
They are billed for operations like depositing money, not investing for long periods, or withdrawals. However, this does not necessarily mean that online brokers don’t charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of fees for this objective. LimeFxFX are a trustworthy trading platform that has been operating for over 9 years. Every online trading platform will have some pros and cons LimeFxFX review would be complete without showing both sides.
Easy deposit and easy withdrawal
In our experience, the support via chat is perfect for a fast and competent answer, often time the support will reply within a few minutes. On most payment methods, there are no fees for depositing and withdrawing money. LimeFxFX will not charge additional fees, but the payment provider can do it. The fee is depending on the payment method, but most payment methods are free. It is depending on the time of the day, sometimes, the withdrawal is made in a few hours (1-3 hours in most cases).
All up, with LimeFxFX, you have access to most of the major trading instruments. If you’re a more advanced trader, and you want more sophisticated tools, you may consider Pepperstone, Vantage, or IC Markets with a broader limefx forex brokers reviews range of platforms. The LimeFxFX platform is essentially a white-label licensed version of MT5. That is, it’s MT5 with the LimeFxFX logo on it, if branding consistency is important for you, feel free to use it.
What funding methods do LimeFxFX accept?
Secondly, LimeFxFX has a limited range of financial instruments, although, in October 2022, it added a range of equities to its offering. The educational material at LimeFxFX and its alternative website is good but focused on new traders; for more experienced traders, there is little in the way of educational support. Customer support is competitive but where LimeFxFX really shines is in the research and market analysis available. LimeFxFX does not allow funding to or from third parties like most brokers.
The broker also provides trading signals via Autochartist Pro on MT4/MT5 trading platforms, offering advanced daily updates, insights, and analytics. We conducted our LimeFxFX broker review to look at the background of the broker and the broker platform trading tools. LimeFxFX also offers a copy trading feature which allows you to follow the trades of more experienced traders and learn from their successes and avoid their mistakes. LimeFxFX is a Forex Broker that offers Forex ECN Trading, as well as CFD trading on Indices, Metals, and Cryptocurrencies across both the MT4 and MT5 trading platforms. LimeFxFX offers a wide range of trading accounts and access to copy trading, bonus promotions, plus a wide range of research tools. LimeFxFX offers Forex ECN Trading, as well as CFD trading on Indices, Metals, and Cryptocurrencies across both the MT4 and MT5 trading platforms.
The more lots traded by the consumer, the more advantages will come along. If you wish to trade with LimeFxFX, you will need a minimum deposit of $5. This deposit is required if you want to start trading using LimeFxFX. This 2023 LimeFxFX review will guide you safely about trading with them. Our entire LimeFxFX review for beginners covers everything you need to know about trading with LimeFxFX. A good broker can use your first investments and help to protect it from losses but also provide you a platform that can help to provide you favourable profits.
Once you have activated the copying then trades will be executed on your behalf and will replicate that of the master. You also do not have to follow only one master and you can diversify this list in order to benefit from more than one trading strategy. LimeFxFX also proudly touts their average 7 second response time with 3 minutes required to clear most support queries.