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LimeFX Review

Available asset classes include minor/major currency pairs and spot metals. Available asset classes include major/minor/exotic currency pairs, spot metals, spot CFDs, crypto-currencies . Founded in 2011, LimeFX is a part of Dashin’s global holdings which also include a forex brokerage company Alpari. LimeFX provides its customers with one of the safest trading experiences as it has advanced regulatory oversight. LimeFX has more than 200 assets that its traders can select from.

LimeFX forex brokers reviews

Users can also withdraw funds via the same methods but some methods incur withdrawal fees while other methods do not, as shown below. Withdrawing funds via Neteller and Skrill is commission-free. Withdrawing funds via debit/credit card has commissions of either 2 EUR, 3 USD or 2 GBP. WhatLimeFXr kind of trader you are, you can be confident that LimeFX is a safe way to make foreign exchange trades. That’s because LimeFX FXT is registered in countries with strict deposit protection schemes and has built up a solid reputation since opening for business in 2011. You can choose between six different types of LimeFX trading account.

Stay Way From LimeFX Invest Program!! Service Use: Livelength Of Use: 0

With a Standard Account from LimeFX, there is a minimum volume of 0.01 lots per trade. It supports standard, mini, and micro lots and a maximum of 30 lots per trade. The system will automatically trade for clients based on the strategy you implement. Below this are general statistics, including total trades, profitable trades by percent, average trade length, consecutive wins. Additionally, there are statistics on the greatest win in pips, average daily trades, deals with stop loss, deals with take profits.

Unlike LimeFX’s social trading, their copy trading does not require you to have an investment account. The security of our finances and investments is limefx website our top priority as traders. LimeFX understands this and that is why the brand all its services offer full segregation of funds for retail clients.

And if you need to get profit earlier, then try any other account – Mini, Micro or Standard accounts. LimeFX Limited is a licensed, regulated and authorized financial services provider with its head office located in Limassol, Cyprus. Now I am passionate about reviewing and comparing forex brokers. HowLimeFXr, hedging is not available on Strategy accounts, which are used by the experts sharing their trading strategies on LimeFX’s copy-trading platform. Expert traders can become LimeFX Strategy Manager only with an ECN or ECN Zero trading account. LimeFX has broad withdrawal method options similar to its deposits.

  • In this article, you will learn important information regarding LimeFX that will help you get off to a good start in the world of online trading.
  • LimeFX exclusively uses the MetaTrader family of apps for mobile trading.
  • Opinions, market data, and recommendations are subject to change at any time.

LimeFX is a regulated by FCA , CySEC, FSC, FSCA forex broker established in 2011. LimeFX is offering MT4, MT5, WebTrader and LimeFX Trader mobile app. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

No matter your deposit method, the withdrawal of all profits must be made by bank transfer to a bank account in your name. As you can see from the table above, in most cases, LimeFX’s trading costs are built into the spread – though the Advantage Account Spread account does carry a 4 USD commission and tighter spreads. Spreads are variable at LimeFX, meaning they will get wider or tighter depending on trade volume and market volatility.

LimeFX is not the oldest or the largest online brokerage for trading forex, cryptocurrencies or other high-demand asset classes. But – we have to say it – LimeFX is definitely one of the classiest. If you are trading with LimeFX using MetaTrader 4 or MetaTrader 5, you can also elect to use the MT4 or MT5 suite of apps for mobile trading needs. The LimeFX trading platform uses MetaTrader 4 and MetaTrader 5 to execute trading operations. It requires a minimum initial account deposit of £200 or equivalent.

Unfortunately, LimeFX is not available to traders in the USA so these clients will need to find a different broker. There are actually LimeFX Trading Signals, which are all created to interpret fluctuations in key financial instruments based on price. Those who prefer videos over reading will appreciate the daily market analysis videos. These come from LimeFX’s market research team and include things like the latest market opportunities. The most common analysis video is an overview of the market for the week. To supplement these performance statistics, LimeFX lets traders connect with a Strategy Manager to copy their trades via LimeFX Invest.

You will see information such as minimum or typical spreads, pip values, swaps, and trading sessions. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.

How Do I Open An LimeFX Account?

As for the spreads offered by LimeFX, they are extremely competitive and can goes as low as 0.1 pip depending on the type of trading account used by the trader. LimeFX or LimeFX, is a Forex broker that was launched in 2011. The company’s focus from the beginning was to provide high-quality services and a trading environment to its customers. Our LimeFX review found out that this company distinguished itself from the other providers by focusing on various local markets and adjusting their services accordingly to suit each one. Although LimeFX does offer user-friendliness that might not be often encountered on the market, what truly differentiates it is the motivation to educate its customers. Average spread EUR/USD 1.50 pips on trading account with lowest minimum deposit.

LimeFX forex brokers reviews

If you’d allow us to, we would like to look into your inquiry and give you a full explanation of what happened. Simply login to your MyLimeFX account and submit your query, providing your account and a detailed explanation of your issue. Our dedicated team will look into the issue and reply to you within five business days. We can assure you that we always act with our clients’ best interests and are continually striving to provide the best possible support. Our dedicated Customer Support team will be more than happy to assist you. BrokerChooser is free to use for LimeFXryone, but earns a commission from some of its partners with no additional cost to you .

LimeFX Trading Tutorial: How To Trade

The minimum deposit is $10 for Cent accounts, $100 for Standard or Shares Accounts, $200 for ECN Zero Accounts, $500 for ECN Accounts, and $25,000 for LimeFX Pro Accounts. You can also open a demo account free of charge to practice your trading strategies. Another popular program is the ongoing Loyalty program, which offers you actual cash, not points or virtual cash. You earn $5 in real cash that you can withdraw or use for future trades. Both advanced and brand new traders are able to trade reliably with with this broker since they offer a number of account types. LimeFX offers a range of different account options to suit most types of traders from beginners to pro, each has different pros and cons so make sure you take time to look at what each offers.

Other websites of this company include LimeFX.com, LimeFXChina.com.cn. We hope you found our review of the LimeFX brokerage firm useful. LimeFX is regulated and well established having been in business for over 10 years. Withdrawing money from LimeFX processing time varies depending on the method but averages 2-5 days. If you would like to see how LimeFX stands up against other brokers you can read some of our LimeFXparisons below.

LimeFX forex brokers reviews

For traders who want to trade while they are on the move, LimeFX has also provided them with mobile apps for the MT4 and MT5 trading platforms. These NASDAQ-100 apps can be downloaded for free from Google PlayStore or Apple App Store. LimeFX fees are built into the spreads but varies with the account types.

Featured Brokers

It features a wide variety of trading instruments, indicators and analytical options. The platform can be downloaded to a laptop or stationary PC, as well as installed as a mobile application on a tablet with an Android or iOS operating system. I am a well-rounded Forex signal financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader. LimeFX’s mobile trading platforms are average compared to other Forex brokers.

Choose from our top six picks based on platform, security, commissions and more. FOREX.com, registered with the Commodity Futures Trading Commission , lets you trade a wide range of forex markets plus spot metals with low pricing and fast, quality execution on LimeFXry trade. A vast range of trading instruments from cryptocurrencies, exotics and spot metals among many others. These accounts are the standard account, the cent account, and the shares account, the ECN zero account, the ECN account, and the LimeFX pro account.

With Metatrader 5 for Android you can trade a selection of financial instruments at any time, in any place. A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account. This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your receiving currency and your payment provider. Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

And make sure you have a confirmation that any remaining fees are not due. Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. While the excellent trading costs and transparency stand out at LimeFX, I also like the proprietary copy trading platform, LimeFX Invest. It allows investors to follow strategy managers, and LimeFX provides relevant information on each. The community is not as big as other services, but all the top 75 listed managers show positive performance, which LimeFX states remain audited and verified.

I also like that LimeFX offers 420 stocks for direct investments, albeit only US-listed ones. In terms of tradable assets, LimeFX will best suit Forex and US equity traders. The trading platform options with LimeFX are both provided by MetaTrader, MT4 and MT5. These are some of the most popular platforms in forex trading and you will have probably seen them in the past if you have LimeFXr opened a demo trading account with a ‘pure forex’ type broker.

LimeFX Bonus & Offers Review

LimeFX, also known as LimeFX, is a financial service and automated currency broker. LimeFX customers can use their accounts to trade currencies, CFDs, shares, and commodities. In total, there are more than 250 different financial instruments to access through LimeFX. LimeFX offers trading on more than 50 major, minor and exotic currency pairs.

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