Is LimeFxFX a Scam? Detailed LimeFxFX Review Updated 2024

You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs. Good platform, it surpasses all the other platforms in terms of trade and gifts and withdrawal anytime you want, excellent. Yes , This is excellent plateform in term of withdrawal, customer support .Using it is very easy .Best thing is one can start trade with small amount I.e,₹1800 or 15 dollar . LimeFx caters to varied trading preferences by offering popular platforms such as MetaTrader 4 and MetaTrader 5, as well as their unique LimeFxTrader platform. Yes, LimeFx accepts South African Rand (ZAR) transactions, allowing local traders to deposit, trade, and withdraw funds in their own currency.

You can choose from a good selection of payment methods to make deposit and withdrawals. The funding options include wire transfer, credit/debit card, digital wallets and cryptos. I find them to be the quickest and easiest way to move funds between my trading accounts. The accounts can be opened in a limited choice of currencies, USD and EUR. I think they could improve by adding support for more currencies as the different options are beneficial because conversion fees do not apply when using an account in your own currency. Secure SSL encryption helps make your information confidential and inaccessible to third parties.

  1. Utilizing the Demo Account is an invaluable opportunity for traders to hone their abilities.
  2. Nothing on this site constitutes advice or a recommendation – you use the site and its contents at your own risk.
  3. Should the Master Trader face losses, the DDP will close the copiers position.
  4. In this section, we are going to be looking at these extra products and services.

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 limefx company reviews in all of your accounts. As well as controlling your trading accounts and monitoring balance statistics, they’ve added integrations with trading platforms, so you can start trading with no effort at all.

What we don't like about LimeFxFX

LimeFxFx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs. Clients are allowed to trade their favorites, and at that, with low spreads. The LimeFx MT5 account is the best for equity traders, and the LimeFx MT4 account is for Forex traders due to asset availability and trading tools. The cost savings from the overall pricing environment alone make LimeFx a broker to consider. Beginner traders will benefit from well-thought-out research and educational services.

LimeFxFX has no swaps – yes you read that right, none, zip, zero, zilch. This means you can hold your position overnight (after New York markets close) for as long as you wish without needing to concern yourself with any rolling feels. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

Moreover, the broker is highly regulated under two top-tier financial watchdogs, including CySEC and FSA, making the broker platform a reliable place to trade. LimeFxFX offers free and unlimited demo accounts for every account type while including all the features of a real trading account, like real-time data, different order types, favourable trading conditions, etc. LimeFxfx’s low minimum deposit requirements allow everyone to easily trade. Although the minimum varies per jurisdiction, it is relatively a low sum.

LimeFx Deposits and Withdrawals

LimeFx provides fully functional mobile trading apps for MT4, MT5, and LimeFxTrader that are available for both Android and iOS devices. These apps offer full trading capabilities, interactive charts, and technical analysis tools on the go. When we tried the customer support service offered by the broker, we realised that it offers prompt-based chat support and does not allow users to ask questions directly. Although the response is instant, the broker lacks a personal touch in customer support, you can opt for Equiity broker to get better and personalized customer support.

LimeFx Review – Analysis of Brokers’ Main Features

However, traders are urged to seek professional financial advice before making investment decisions. One notable part of our experience has been LimeFx’s high caliber of customer service. Being informed, accommodating, and readily available around the clock is crucial in the Forex market, which operates 24 hours a day, 5 days a week across regions and time zones. In our experience, reducing slippage and quick trade executions are crucial for day traders and scalpers, and the platforms’ remarkable speed and stability are noteworthy. We have had nothing but good experiences with LimeFx, especially considering that it offers specialized services for the Forex market. This ensures that these critical trading tools can run indefinitely, regardless of the trader’s device uptime or the reliability of their internet connection.

The company currently has a proprietary trading platform known as LimeFxTrader. Furthermore, LimeFxFx has an easy-to-use app which is also available on Android and IOS devices. This app allows users to enjoy a smooth trading experience and keep track of executed orders from anywhere. LimeFxFX offer a great choice of platforms for convenient access to the markets on all of your devices. You can choose from the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms.

The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security. LimeFx presents traders with a competitively priced, commission-free pricing environment.

When looking at equities, only indices are offered with no option of single stocks, and only Gold and Silver are available in commodities, on a micro account. LimeFxFX provides twenty-eight currency pairs, 3 cryptocurrency CFDs, and CFDs on 4 metals, 2 energies, ten of the most popular indices, adding to 47 instruments in total. Firms must comply with a number of rules on how they can advertise services to customers.

Andrew has a well-established career in fintech and came up with comparebrokers.co to maketrading on financial markets more transparent and accessible. When using LimeFxFX, the minimum trade size is typically 0.01 Lot units of the base currency of the https://limefx.name/ instrument being traded. However, this amount may vary based on the specific account a user has opened. With STP execution on the LimeFxFX platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

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