LimeFX Forex Broker Review & Ratings

It is also user-friendly and meets the needs of newbies as well as professionals. MetaTrader 4 is easily one of the most popular trading platforms in the world. LimeFX fully supports the platform by offering guaranteed take profit rates, guaranteed fixed spreads and stop loss. Traders are also provided the option of downloading the MT4 terminal for their trading needs, which was only recently included in the LimeFX platform lineup. Both platforms are available as a dedicated LimeFX mobile app for iOS and Android enabled devices, which covers a majority of the smartphone and tablet market.

The currency market is open 24 hours a day, 5 days a week, with 3 main trading sessions around the world. There is a great selection of over 95 major, minor and exotic currency pairs to choose from, including popular pairs such as the EURUSD, GBPUSD, USDCHF & USDJPY. MetaTrader 4 is one of the most popular trading platforms in the world.

74% of retail CFD accounts lose money You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LimeFX provides various educational materials and tools to help their clients stay informed and make the right decisions. One key feature is the Learn Centre, a platform where traders can access learning resources such as educational videos, eBooks, articles, and others.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. If you’re looking for a sleek, professional, and wide-ranging trading platform, then LimeFX should be at the top of your list. The forex and CFD trading on offer is exceptional and there are few markets that you won’t be able to find. However, their cryptocurrency offerings are extremely limited and considerably below anything we have seen from brokers with a comparable history and reach.

MT4 has a wide range of built-in technical indicators for analysing charts on multiple timeframes. You can load pre-set trading strategy templates or create your own and save them for future use. Even if we try to offer the most up-to-date data, we can’t completely ensure the accuracy and validity of the materials. Phone support executives provide you with the best solution to your queries. Email support functions well but takes a little time to get back to you with relevant answers.

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Here at FxLimeFX we do not provide any form of LimeFX advice. Our goal is to give you the best information possible on how online trading works. No information or other content on this site should be considered as strategic LimeFX advice.

The easy-to-navigate website, precise analysis data, and technical indicators ensure that investors get a seamless trading experience. No commission is charged on trades and users do not have to pay any fees to access certain features on the platform. LimeFX derives most of its money from its spreads, which are generally higher than the market average.

LimeFX forex brokers reviews

An FAQ page is also available to help the traders to quickly get information on the burning questions asked by new and experienced traders. The VIP account and the Standard 1 account have the best pricing with the former requiring a deposit of $2500 and the latter a deposit of $250. Both accounts offer fixed spreads of 1 pip or 1.8 pips in MT4 on the EUR/USD. Just like other brokers, LimeFX takes a fee from the spread, which is the difference between the buying price and the selling price of an instrument. However, the fixed spreads offered by this broker are highly competitive when compared with those provided by most brokers. The Premium, VIP, and Super VIP accounts come with additional trading tools and features to help the trader maximize their trades.

As you have already been informed you are allowed to trade with LimeFX but without the use of Expert Advisor. Moreover, the company has returned you all your funds plus the profits that you have gained with as an act of goodwill. I did trade on 3rd April and close my transaction on 6 april mean while you send me my statement on my e mail. If i did something wrong why you didn’t close my positions at that time. Even for the statement of 6 April you send me my statement with my transaction close with profit. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.

This is why we proudly offer fixed spreads and no slippage on our web platform which means you are always aware of your costs before trading. Unlike variable spreads, fixed spreads never change in response to market volatility and limefx you always know the spread you are paying before opening a deal. This is my platform of choice as it was one of the first trading platforms that I mastered. I like that it is available through the majority of online brokers.

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Tradeable assets aside, LimeFX does provide its proprietary trading platform, alongside MT4, which helps it stand out from other MT4-only brokers. Also, LimeFX finished Best in Class for Beginners in 2020, thanks to its user-friendly platform interface. Demo accounts are available if you wish to test the different trading platforms and conditions before opening a real account. I would always try a broker on demo at first to see what they have to offer.

LimeFX forex brokers reviews

In FX, CFD and fintech industries, LimeFX, LimeFX, XTB Ltd and other 4 companies have announced hiring plans this week. Let us look at what jobs they’re offering and what are the responsibilities. I also find their Web based platform very stable, and does not crash. They also have MT4 and I use their MT4 for back-testing, my trading system. This broker is also very active on social media, such as Facebook, Twitter, Instagram, among others, which means they can also be reached via those mediums.

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Justin achieved Honours in Commerce and has a Master’s degree from Monash University. He also owns Innovate Online offering digital marketing services with over 20 employees. Been with this broker for a while , they seem reputable and friendly enough. BUT don’t be fooled by their popularity on facebook or their friendly image. Their spreads are quite high particularly for EURAUD / GBPAUD pairs.

  • The minimum deposit of $100 is not the lowest I have come across but free demo accounts are available if you want to test the broker out before making a commitment.
  • I found the platforms to be very user-friendly, with modern and simplistic interfaces that made it quick and easy to perform all my trading activity with minimal fuss.
  • 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.
  • You got 60 minutes to use it but you pay anyway so you might as well use it once you activate.

They are also offering a sort of referral program where a trader can earn up to around $2500 for bringing new clients onboard. Traders can be turned into affiliate marketers by getting the word out about the service on just about every social media platform around and sharing the EasyMarket link. The only step required is to engage the risk-free feature when executing the trade, after which they can let it run, or they can choose to cancel it. It is an excellent option for traders who are monitoring the market and want to also protect themselves from bad market conditions with unexpected swings. Traders are also put in touch with a personal analyst who is available to anyone who updates their regular account to a VIP account.

The dealCancellation feature and guaranteed protection against slippage are options that are only available with the proprietary LimeFX trading platform. The LimeFX Trader is an excellent trading terminal for accessing the Forex markets through an online interface that does not require you install any file to your computer. The online platform can be accessed through any device, both desktop, and mobile, and offers the latest state-of-the-art SSL security and encryption for a safe and secure trading experience.

Surprisingly, but the most praise comes not for the helpfulness as it is, but rather responsiveness. Plus, even the negative reviews report that each time they complained about their specific problem, they were contacted by the member of the staff. Not to mention that every complaint on the actual review websites is addressed by the member of the staff.

A CySEC licensed Forex Broker can supply Foreign exchange Forex Brokerage accounts to all EU member nations which are members of MiFID. Moreover, they’re a member of the Traders Compensation Fund which https://limefx.group/ suggests your account has safety of as much as 20,000 euro within the occasion that the Forex Broker turns into bancrupt. LimeFX does not charge any commission on withdrawals and deposits.

All reviews represent only their author’s opinion, which is not necessarily based on the real facts. The staff helps people with the technical issues as well as patiently directs their verification process and diligently answers the questions. It’s unknown how many stories about ‘great service’ are influenced by EM, but users wouldn’t leave such praising comments if there at least was some help. Some website (like trustpilot.com) give up to 4.7/5 stars, while on other platforms (like forexpeacearmy.com) they barely scrape a 3. And if you do look for them, you’ll find that an overwhelming majority of community reviews are positive.

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Immediately, you will be logged into the online platform where you are required to fill other forms, make a deposit and start trading. LimeFX is currently the official global trading partner of the Spanish football giants; Real Madrid Football Club. The partnership is occasioned by the shared values of integrity, dedication, and excellence which characterize the football club as well as LimeFX. Real Madrid is one of the most successful football teams in the world; it has won about 65 domestic trophies, 26 European titles, and 7 club world championships. Similarly, LimeFX has also been decorated with more than 35 international awards mostly for its excellent services, integrity, technological innovations, and superb customer service.

The broker gives you full access to a range of innovative products, tools and services. These unique tools include free guaranteed stop loss, insideViewer, Freeze Rate and dealCancellation. I haven’t seen these tools provided by other brokers which helps them to stand out from the crowd. However, LimeFX do have some similar tools available for trade management and balance protection. The trading platform is essential as you can’t execute a trade without it.

This can come in handy if they see that the market is dipping or heading in the wrong direction. Based in Limassol, Cyprus the company is regulated by CySec which is the country’s financial regulatory body. It is also licensed by MiFid in Europe and ASIC in Australia. The company has offices in Sydney, Warsaw, London, and Shanghai. As of late, the company has boasted of a $1.5 trillion turnover with a user base spanning 100,000 traders.

LimeFX has a place where newbie and even intermediate or advanced traders can learn which is called the Learn Centre. The Learning Centre boasts of having various instructional videos, e-books, trading guides and various explanations outlining key trading concepts or terms. Traders can deposit money via debit, credit cards as well as e-Wallet solutions like Global Collect, Neteller, WebMoney, and Skrill. Then vanilla options have expiration dates that are much more flexible and can easily be customized by a trader. On the other hand, a binary option expires within minutes or even a fraction of a minute. This broker closed my account without any notice and it promised to return only my initial funds.

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