It is a young online broker with a service history of around 11 years only. So, we can expect the company builds its own trading platform in the future. However, its trading cost through a tight spread is competitive. It does not charge significant non-trading charges like withdrawal or deposit transactions as well. And more than likely a no-go for wherever in the world you may be located. When trying to determine if we could add funds to our account via a simple bank transfer, the customer support person in the live chat couldn’t even verify that a bank transfer was an option.
- The broker provides an unlimited demo account that can be very useful for testing out their features and getting to know the industry if you are new to trading.
- As a reputable broker, LimeFxFX ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability.
- This LimeFxFX review has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
- LimeFxFX includes an extremely professional and full-featured trading website that’s focused on forex, indices, metals, stocks , commodities.
Following are the steps included in the opening live trading account at LimeFxFX. I started out thinking LimeFx was just a scam when my deposit was not processed after 10 hours. I have contacted support and one said 48 hours the other 24 hours the other 3hours. It is really really annoying they close my account with my funds and doesn’t want to refund me but i got my refund back with the services of finassettack. LimeFx has over 50 different options for payment methods, the availability of which may also depend on your country of residence.
In just another couple of clicks, our demo account was open, and we could now have access to the trading platforms. For us, we found the trading platforms offered by LimeFxFX to be sufficient. As long as a broker has MT4 and MT5 it should be more than enough for the majority of retail traders. We found Forex Broker LimeFxFX most interesting feature to be that they have no swaps.
A Variety of Educational Materials
The minimum deposit amount required to open an LimeFx live account is $100 USD. LimeFxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough. However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner.
This means that at all times, LimeFxFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. LimeFxFX shows on its official site how you can exchange real time stocks with your demo account. If you sign up to get a demonstration account on LimeFxFX, you will set out with a decent amount of virtual currency. It’s to establish a feeling of safety and confidence in you until you choose to invest your own money. Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professional, direct investment partner could assist you in minimising any potential losses and maximising any returns.
“Review Broker LimeFxFX”
With the mt4 account, traders have the opportunity to make use of 39 profitable trading tools. The EUR/USD listings of the mt4 account have a traditional trading spreadsheet of 0.7 pips. The number of trading instruments available with the MT4 Micro https://limefx.group/ account includes 28 currency pairs as well as gold and silver. 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.
Does LimeFxFX allow hedging?
Dear Vernol John Pieters,We sincerely appreciate your time and effort to rate us and share your feedback. If you have any additional questions, please feel free to reach out to us through live chat or by emailing us at We are here to assist you at any time.Kind regards,LimeFx Rep. According to our review, the MT5 trading account is a better choice for those who use advanced trading strategies. This is also ideal for those who wish to keep their positions open for more than a day. The MT4 account type is more ideal for habitual traders who prefer to trade with MetaTrader 4 trading platform. Dear Rakesh R,
We sincerely extend our apologies for the unfortunate delay in our response, and we deeply regret any inconvenience caused.
Negative balance protection is important for traders using leverage on platforms like LimeFxFX. In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a LimeFxFX trading position does not go in your favour, this is where negative balance protection comes in handy. When using LimeFxFX, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded.
Get the Best Trading Education at LimeFxFX
LimeFxFX offers platform versions for both Windows and Mac desktops. Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by LimeFxFX. Incorporated into the spread, offering cost-effective trading for CFDs. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I have got very good experience from you and I humbly request you to please share the updated news related to forex market with me as well.
LimeFx offers a wide range of trading account type suitable for any strategy and any level of experience. Asset list and leverage overview currency pairs 35 cryptocurrency pairs with 5 commodities and 5 metals. LimeFxFX provides a demo account that enables individuals to explore trading before investing their funds.
This means that LimeFxFX users don’t need to worry about their money since it’s segregated and safely stored in banks that are established. SSL encryption simplifies each user’s private information as well. LimeFxFX has over trading tools to support all types of traders. These instruments are lively and suitable for both new and experienced traders. All dealers can put aside all their concerns when trading using LimeFxFX.
Does LimeFxFX accept Skrill?
Modern brokers like LimeFxFX provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, LimeFxFX may charge clients various fees for trading activities. Be mindful of these charges, impacting limefx courses scam your overall LimeFxFX trading profitability. It is a smart trading platform combining everything a trader needs in an easy-to-use app. You can make fast deposits and withdrawals, instantly log in to your trading profile and access your terminal to trade simultaneously in all of your accounts.
In the following table we take the main parts of any great online trading platform and compare LimeFxFX against Startrader, and freetrade. LimeFxFX are a trustworthy trading platform that has been trading for over 10 years. They features trading on MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps. LimeFxFX is honest, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA). Their outstanding array of resources will be beneficial for most traders.
