LimeFx Review 2023: Is It a Reliable Forex Broker?
LimeFx Review 2023: Is It a Reliable Forex Broker?

As a result, the service is not available in a range of countries — including the USA, Brazil, Russia, Ukraine, Syria and Cuba. The LimeFxFX.com website is registered under LimeFx Markets Incorporated established in St. Vincent and the Grenadines which permits its clients to take advantage of higher leverage and bonus promotions. MT4 for Android and iOS allows you to manage your trades on the move. You can download the apps on the Google Play Store and the Apple App Store, respectively. Trading in gold, symbolized as XAU/USD, has ascended in popularity in the online investment realm, emerging as a straightforward and economical means to accrue profits. Gold, renowned for its transmutable value and historical reliability, serves as a robust safeguard during phases of currency depreciation and heightened inflation.

Education at LimeFxFX consists of nineteen topics under Forex Basics. They consist of quality written content, charts, and some include numerous videos. While often brief, the content has educational value and offers new retail traders an excellent introduction to trading. The Tutorials section focuses on LimeFxFX-specific guides, and https://limefx.group/ Video Tutorials cover MT4/MT5, the personal area of LimeFxFX, and LimeFxFX Copytrading. An FAQ section and a Glossary aim to answer the most common questions and introduce terminology. Traders may access the Manuals to obtain more specific assistance regarding the three trading platforms, related tools and services, and Autochartist.

LimeFx Review: Fees

This warning could lead to a deeper slowdown of the European economy. Recent data showed that the European economy contracted in the third quarter while business confidence has slipped. This view also explains why US equities and risky assets like cryptocurrencies have bounced back. The Dow Jones, Nasdaq 100, and S&P 500 indices continued rising on Monday and are now sitting at their highest point in months. You can put your investment objectives to work with the LimeFx mobile trading app by viewing the Master Rating to decide whom to invest with. LimeFx MetaTrader 4 trading, fixed spreads are initiated from 0.6 pips.

  • Our spread module indicates that with LimeFxFX, you are paying more than their competitors so it may be better to consider trading with other brokers.
  • Being regulated by a top-tier authority (CySec) means the firm must comply with certain regulatory protocols.
  • You can also find loads more of free and paid add-ons to further enhance their capabilities.

Their support team is interactive and accessible at all times and responds to clients’ trading inquiries in no time. LimeFx Markets incorporated registered address is Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines. In this platform, the overall commission structure of trading depended upon the account type. LimeFxFX offers the most used and well-known trading platforms from Metaquoets yet they seem to be not enough in comparison with other brokers who provide the same platforms and more. With all the updated and new technologies in the market, it seems like LimeFx FX is falling behind with its updates. For me, support and assistance anytime anywhere is one of the most important factors for me to choose the forex broker I’ll be trading with.

Start Synchronizing & Earning with Professional Traders

Read the facts you must know in this LimeFx before you open a trading account for the online trading platforms. We’ll also discuss the app, mobile trading, & the platform’s trading features in this LimeFx review. LimeFx measures its success by providing cost-effective trading conditions, along with a completely transparent service worldwide, regardless of how high its clients’ expectations are. LimeFx offers a wide range of trading account type suitable for any strategy and any level of experience.

WebTrader is a popular and convenient trading platform like MT4 and MT5. MetaTrader 5 is one of the most popular trades on one of the most popular platforms in the world. MT 5 is the world’s number one multi-asset platform provider of futures, forex, CFD, exchange-traded instrument trading. This market has a large number of customers because this platform is very easy to use.

Since stock indices are not physical assets, they can be traded via products that reflect their price movements via the LimeFx CFD trading platform. Many broker reviews view LimeFx as the most reliant Forex platform out there. Its limefx broker reviews team is committed to providing spectacular trading services with no extra commissions. The platform helps advance the pursuits of traders and retail traders to get the most valuable outcome for their trading activities.

You can always switch over to a live account when you feel ready to do so. The copytrading app lets you conveniently copy signals from hundreds of other traders. The app interface is very user friendly making it easy to find signal providers to follow based on your customised filters. There are master accounts for traders who want to offer their strategies as signals or for followers who wish to copy signals.

Islamic Accounts

ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. To see the complete list of Industry Award winners (and to learn more about our Annual Awards from our Director of Online Broker Research, Steven Hatzakis), check out our ForexBrokers.com Annual Awards page. It is based in St. Vincent and the Grenadines (SVG), and it provides little to no regulatory protection. The security of your funds – in terms of regulatory protection – will depend on which LimeFx entity holds your account, and which –if any – relevant regulations provide customer protections. LimeFx is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled LimeFx to continue to expand its products and services.

LimeFxFX Opening an Account

We also went through the process of setting up an LimeFxFX demo account, it was again quite easy and painless. As we’d opened the account as an Australian, we were disappointed to see that there weren’t really any high-quality deposit methods. The customer service reps themselves seemed to not be trained to handle very basic questions, so we imagine if you have a complex inquiry, you’re going to be pulling your hair out. A side note, with something that we’ll discuss later, is that the customer support person wasn’t able to communicate major details regarding the regulatory processes of LimeFxFX.

LimeFx Review: Payment Options for Deposits and Withdrawals

You can also find loads more of free and paid add-ons to further enhance their capabilities. There are programming interfaces if you wish to build your own tools or you could hire someone to do it for you if your coding skills are limited. That being said, it is nice to see that LimeFxFX have a good selection of useful trading tools that can be used for trading signals, market analysis and risk management. When choosing a broker, regulation is one of the first things that I look for. I would always prefer to trade with a regulated broker as it gives me the peace of mind that they will operate in an honest manner and can be trusted with my funds. It is important to remember that not all regulators are created equally.

With its advanced order protection, it is possible to cover all negative balance by compensating it back to zero. It has a web application as well as a mobile application compatible with both android and iOS. LimeFxFX offers a reasonably small range of trading instruments, compared to other brokers. There was one slightly different trading platform, which is the LimeFx CopyTrading software. This allows CFD and Forex traders to either copy other traders’ trading signals or let you broadcast your own trading signals to other traders on the social trading platform. Apart from that, LimeFxFX offers you the ability to deposit and withdraw using e-wallet services such as Neteller and Skrill.

LimeFxFX offers a wide range of trading accounts and access to copy trading, bonus promotions, plus a wide range of research tools. Aside from no swaps, there isn’t that much distinctive about LimeFxFX. The broker only offers a spread-only account with spreads from 0.6 pips, if you are hoping for RAW spreads then you will need to look at other brokers.

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