LimeFx Forex Broker Review and Rating 2023 Detailed LimeFx information with traders reviews for 1 April 2023

The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the LimeFxpanies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission scammed by limefx of the editorial staff. It’s well regulated, financially strong and has a substantial number of clients across the world. It offers a range of trading platforms that cover all types of trading strategies. The firm is the subsidiary of a holding company with about $17 billion in market cap.

One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions. Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. As a trader, you can check your open trades and perform new ones from any browser without downloading more or new software. Traders with a longer-term approach to trading are less affected by the spread as they open a smaller number of positions and have relatively higher profit targets.

Shorten the learning curve by following expert traders who can provide valuable insight. LimeFx offers the popular MetaTrader 4 platform, which is known for creating a powerful and flexible trading environment. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too. In order to withdraw a bonus, you were required to execute a minimum trading volume of 10,000 base currency for every 1 base currency bonus within six months. Failing to do this, the bonus would be canceled and removed from the account.

XTB has founded a trading academy that lets traders find the latest information about trading CFDs, stocks, crypto, and Forex. LimeFx has no similar video collection, and traders must rely on third-party data and strategies to fulfill their needs. LimeFx is at the top of every trader’s mind when they are looking to sign up with a broker. They have made a history of offering remarkable services at a reasonable price. XTB is a close contestant against LimeFx, and their comparison may quiz most traders.

The trading platform is essential as you can’t execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies. As you can see, there is a great variety of trading platforms to suit any preferences, and all include a vast array of trading tools and tradeable instruments. At LimeFx there is a wide selection of traded instruments available. We think this is a strong selection, given the FX options, crypto and ETFs availability that many brokers may not offer. We are though slightly underwhelmed by the attempt at offering bonds, whilst the forex selection is fairly middle of the road.

Platform Info

Is LimeFx legit features all the key aspects you need to look at to see if a broker is safe and legit. Having a long track record and being regulated by several authorities, including some top-tier ones, are all great signs for LimeFx’s safety. The longer the track record of a broker, the more proof we have that it has successfully survived previous financial crises. Also, if you click on your positions, you can see the swaps charged. The platform is well designed and has lots of functionalities despite being a mobile platform, but can be hard to navigate on a mobile device. Additionally, you can also set expiration criteria to these alerts and notifications.

• For example, if all the articles are bullish/positive, then a 100% positive score is given.
• With deposits of over £1,000, a dedicated Account Manager is on hand to help guide you through your trading journey.
• Just like the WebTrader platform, MetaTrader 4 provides only one-step login.
• The slight drawbacks are that spreads are not particularly competitive and the inactivity fees are slightly high.

This is more of a message service where you have to input your contact details to get a response. You have to provide telephone details, as well as an email address, so effectively this is more of a marketing tool. However, the charting capability could be considered to be slightly lighter compared to rival proprietary platforms that are available, such as CMC Markets. When you have completed your profile and uploaded your documents, you will need to wait for LimeFx to approve your account. The discussion around how well regulated a broker is tends to be based around the number of regulatory licenses they hold. This is true, the more regulatory bodies that a broker operates under, the more they have to adhere to the rules.

LimeFx Account Types

As for experienced trader, it is a good way for you to interact with other traders that share your level of experience. With DupliTrade automated trading, you have the option of email notifications to alert you of any trading activity, so you are always updated on any new interaction taking place. DupliTrade highlights that the accounts of the strategy providers are real accounts that belong to traders with real experience, trading real money in real-time. LimeFx offer a variaety of multiple different trading platforms, due to the fact that the company wants to give each client a trading experience tailored to its needs. It was established in 2006 and slowly grew, while global traders have traded more than two million trades a month, through 250 trading instruments.

This doesn’t mean an account will not lose money, but having money management support lessens the chance that you’ll lose money. Using the best managed forex accounts can have several advantages and disadvantages for investors. Forex account managers are professionals who are experts in handling managed forex trading accounts. They use their knowledge to make informed LimeFx decisions lime fx on behalf of their clients, which can potentially lead to greater profits. With a managed account, investors can leave the trading to the professional, freeing up time for other activities. Forex account managers can help investors diversify their portfolios by providing exposure to the market, which can be a valuable addition to traditional asset classes like stocks and bonds.

As is the norm in the industry, LimeFx provides access to both of these to their users, free of charge. LimeFx supports most major currencies , but lacks support for minor currencies. This means that you’ll be charged a currency conversion fee if you make a deposit in a currency that isn’t supported by the broker.

Spreads

LimeFx offers 44 forex options, in addition to over 1,200 CFDs. Alongside MetaTrader, LimeFx offers its proprietary platforms LimeFx WebTrader and LimeFxGO, with innovative features such as AvaProtect. The minimum deposit to open an account and start trading with LimeFx is $100.

We tested it and collected the options and costs in How to withdraw money on LimeFx. Our ultimate guide to the LimeFx minimum deposit is updated regularly. LimeFx is regulated https://limefx.vip/ by several authorities globally, including the top-tier Central Bank of Ireland and the Australian Securities and LimeFxs Commission , therefore it is considered safe.

Trading Platform

You can find them if you click ‘Trading Central’, then ‘Analysts Views’ or ‘Forex Featured Ideas’. We tested LimeFx’s research tools on WebTrader, as they’re the best ones in our opinion. Research tools are user-friendly and available in the same languages as the WebTrader trading platform.

This is where you can get more analytical content with technical and fundamental analysis in addition to more video and written educational content. The Education hub on the LimeFx site is jam-packed with content covering a variety of topics to educate traders. It is an impressive bank of information that LimeFx has available and will certainly be of great help to traders just starting on their journey. Due to international anti-money laundering regulations, the method of withdrawal has to be the same as the payment method that the account was funded. You must withdraw up to 200% of your deposit (i.e. your total deposit plus 100% profit on top). All the major indices are available, with 19 of the world’s major markets, in addition to some other more sector-based indices such as FAANG, AIRLINES and GREEN ENERGY. This is a decent selection.

What is the minimum deposit for LimeFx?

The Xstation is also available on mobile, which provides traders with helpful information on the go. LimeFx’s mobile app doesn’t have advanced functionality and is for limited use. XTB is also a better option due to its asset offerings; XTB broker offers 2100 different assets for traders, while LimeFx only offers 100. In our viewpoint, LimeFx will be a better option than XTB for most traders. The availability of social trading alongside intelligent platforms ensures professional traders can make the most of their LimeFxs by investing limited time. XTB has emerged as a popular broker in the European region, and its services have excelled to the test of time.

Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.

When the trader makes a profit, the broker loses; when the trader makes a loss, the broker makes money. TRADING FEESSpreadsThe cost baked into the price of what you trade. A wide bid/offer spread means higher costsCompetitive with 0.9 pips on EUR/USD. The costs to the trader are all helping the broker to run their business and allow us all to trade. However, you would still want the costs to be as low as possible. You do not want to be giving away too much of your hard-earned cash.

However, there are some additional trading and non-trading fees that you need to be aware of before signing up, including an inactivity fee and currency conversion fee. In addition, Zulutrade is also available as both a browser-based platform and downloadable app for iOS and Android. Integration of your LimeFx account is incredibly straightforward on these third-party platforms. They are authorised and regulated by six different global regulatory bodies, which means LimeFx provides a safe and secure trading environment for their 300,000 registered clients.

The product offers pattern recognition to trigger high-potential trading ideas. This is then checked and corroborated by the analysts before being released to our traders. Traders can trade on the go with the intuitive LimeFxGO app, offering a friendly dashboard and advanced features.

LimeFx also allows users to integrate the use of EAs on their MT4 and MT5 accounts. On these trading platforms, clients can invest in CFDs on Forex, commodities, equities, indices, cryptocurrencies, bonds, and ETFs. On a good note, LimeFx offers clients a variety of seminars, account managers, and other services to help clients get a better understanding of how to use Expert Advisors in their trading.

Please read LimeFx Reviews below and share live trading experiences with this broker. Our reviews are a combination of data research and working alongside the brokers. All information provided by the brokers are double-checked to guarantee 100% accuracy and that we remain unbiased. With LimeFx, you have the option of using a Demo trading account, which is also known as the risk-free account. However, they are not available 247 and the phone support can be a slow process. Traders have the option to determine their trading parameters by monitoring trades and positions, and analyzing profit and losses, and you can do this all in real-time.