This platform is unique and simple to use and provides a variety of useful trading features. It can be downloaded on desktops using either Windows or Mac as the operating system. Trading control – that allows for full trading control along with the use of a slippage function, allowing traders to set the limit to suit their trading strategies. 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. Debit/Credit Card payments have a base currency of either USD/EUR.
Demo accounts are also widely used by more experienced traders who want to experiment with other asset classes. For instance, a trader might be experienced in stock trading but want to start investing in futures, commodities, or currencies. LimeFX give customer support through email, telephone, live chat, submitting a ticket in the Trader Room or place a call using web-based calling apps 24/7. For customer support via telephone in other languages consult the website. Financial risks are mitigated but maintained to ensure that the company functions in a reliable and trustworthy manner. All client funds are kept in segregated accounts and LimeFX only deals with regulated financial institutions.
Minimum and maximum trade size depends on the instrument and trader with LimeFX. You can expect tighter spreads and more transparency over the amount you pay to execute your trades because LimeFX offers STP execution. All trading accounts provide similar trading conditions, except few differences which originate from the execution type. From perspective of my experience this broker got really decent and competitive trading conditions among others. LimeFX is a brokerage company offering trading services for clients since 2007 with offices in British Virgin Islands.
If you are a new entrant in the world of trading online and brokerages, so many nuances will no doubt be perplexing for you. Getting into the world of trading online requires expert assessing skills and comprehensive knowledge. You will get adept at all of the concepts of trading online and brokers while you continue trading. For starters, you have to choose the right online broker who’ll consistently be transparent with you. Customer support at LimeFX is responsive and there are several ways in which you can get in touch with the support team such as email, live chat, telephone 24/5.
LimeFX Review – Final Thoughts
This is not that hard for Forex beginners because there’s no need of super fast trades. Spread manipulation and denial of profits are two major problems with online trading. As of today, there aren’t many forex websites that trust broker reviews. Forexpiecearmy.com is trusted the best because it filters out false reviews. LimeFX reviews are best if you trust your gut instincts.
The minimum deposit that you must deposit to begin on LimeFX is $250. It’s possible to make more advanced residue as you cooperate. However, make certain you understand how to make the most of your cash before investing in larger amounts.
We have worked to gather hundreds of data points about LimeFX to give you the most comprehensive guide available. How to open an account on LimeFX and start earning with Forex trading. I have been trading with LimeFX for a few months now and I have not experienced any problems to date.
I am using LimeFX from last around 2 years, and I found this is good while it comes to deposit/Withdraw the money. KPMG, one of the Big Four auditors of the world, confirming that although not the best time for financial markets, the LimeFX figures are still showing dynamic growth and are fully in line. In addition, LimeFX offers to try trading on theVPS-server, which is designed for automatic trading and advisers in the foreign exchange market. Also, it is possible to increase the income by copying transactions using the”Copy4you”autocopy service.
After being founded in 2020, their client base has increased to 142,500+ clients. Of course, there’s absolutely no sure-fire method to ensure profits; thus, you must carefully assess your agent before you select them. It’s a common misconception that all agents are the same, but that’s not true.
- MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005.
- A fast execution enables users to exchange without fretting about slippage safely.
- LimeFX like most brokers, charges a fee based on the spread, or the difference between the bid and ask price of an instrument.
- In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Users may follow indicators in the Trader Room via Trading Central. LimeFX’s overall analysis skills continue to compete, and it provides manual traders with a solid variety of equipment. There are almost 20 trading platforms and 150 products available according to LimeFX. The operator of LimeFX is governed by the Financial Services Commission of the BVI .
Over 142,500+ users registered with them can affirm to their trustworthy nature. If you remain skeptical, it is possible to open a LimeFX demo account and evaluate the credibility of the platform on your own. LimeFX safeguards its customers’ personal and sensitive data under SSL encryption. LimeFX charges an inactivity fee if you don’t make any trades for a while.
Top 3 Forex Brokers
According to the feedback of LimeFX’s clients, this service is convenient for those who want to invest free money and thus diversify their capital while receiving additional income. Before opening an account, it is possible to study the PAMM-account rating and select the Manager. Whatever forum or site I visit it strikes me that this company is one of the most popular Forex brokers among traders – everybody’s discussin it. I’ve got demo here and I am planning to open my real account.
- Automated traders will rely on the industry-leading MT4 platform.
- Share4you is a truly remarkable service which has all the necessary functionality for copy-trading, and at the same time is very simple and intuitive.
- In this case, you have to make sure that your strategy is well suited for the instrument you chose.
The mobile app features proprietary technology which allows users to access the financial markets around the clock. As well as the LimeFX demo account, there are five other options, including one that is aimed specifically at new traders. Opening a Cent account is a great way to start trading without risking huge amounts of money, but still experiencing the real market. Trades can be made for just 2 cents, and are available in a dealing-desk or no-dealing-desk account. The Classic account is the next step up, for those with a little more cash to invest and slightly more experience. Trades can be made in dollars or euro, from 1/100th of a lot up to 200 lots.
And that’s why thousands of positive LimeFX reviews of this broker has beat its silly negative reviews online. However, you may have your own queries for opening your trading account. And that’s why today we’ll discuss LimeFX from the top to bottom for you. Education is where LimeFX delivers a competitive product. New traders have an in-depth trading school, broken down into four sections, consisting of 59 quality lessons.
Deposit and withdrawal are quite simple and pain-free process. Wire transfers normally take from 1 to 3 business days , while credit card and electronic payments are instantly transferred. Following the verification step, users will be directed to the client portal and asked to submit proof of identity and proof of residence (utility bill or bank statement – not more than 3 months old).
The source of this information is the website and the broker’s trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether limefx review the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business. 50% Cashback program is earned when you trade as usual and get back 50 of paid spread and commission. This is only available for traders who do not have active deposit credit bonus.
In 2016, LimeFX released its liquidity aggregator, MarketPlace. Anglo-Dutch Big Four accounting firm KPMG audits the accounts of LimeFX. While this multi-asset broker accepts clients from most countries, it has a distinct focus on Asia. This is the world’s most powerful, intuitive, and functional Forex trading software.
- Other deposit methods do include fees, and withdrawal fees do apply for some of these payment methods.
- The webinars are available in English, Vietnamese, or Thai.
- LimeFX is a globally recognised agent with 142,500+ clients.
- It builds bridges and creates personal relationships with a focus on mutually beneficial partnerships.
- As you already know, LimeFX operates with good conformation to regulations.
What has made it attractive for a number of traders is its commitment to providing the best possible service regardless of trading volume. The ideal place for beginners to start is its Cent trading account. From our observations, LimeFX offers a good service https://limefx.biz/ allowing clients to trade commission-free or commission-based across Forex, Indices, Commodities and Shares. Clients can trade from the broker’s proprietary trading platform for Windows, Mac and Web as well as the globally popular MetaTrader 4 platform.
Wrong judgment, initially, can set your LimeFXs in danger.
While some information is based upon real trading experiences, others are meant to promote the broker. Promoting forex brokers can be legal and acceptable as long as it’s transparent. All in all, LimeFX is one of the preferred choices for a forex broker if you look for flexibility in trading conditions and an advanced platform in Social Trading. Also, the remaining Cent Account offers an interesting option even for experienced traders who look for spare accounts to try out new strategies.
For your every enquiry we’ve provided a detailed answer which included server logs and link to our trading conditions. We’ve also provided solution as how to close orders by using Close by or Multiple close by functions. Indeed you’ve contacted us several times regarding order closure. In your case orders couldn’t be closed due to net position increase two hours before symbol break which has no relation to free margin.
The former two are fixed-spread accounts, while the latter two are floating-spread alternatives. This broker waives deposit fees, though external fees for withdrawals set by the payment processor may apply. A monthly $10 inactivity fee applies after twelve months of dormancy; most competitors charge an inactivity fee far sooner. The overall cost structure is even more competitive with the 50% cashback program, which is available to non-partner clients. It may not have reached the dizzy heights of some other better-known Forex brokers, but who knows what might be around the corner.