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LimeFx Review ️ Unbiased Pros and Cons Revealed 2023

These tend to have higher marked up spreads but you do not pay a commission on trades. It is actually quite rare to find a broker that has fixed spread account which is often a choice for traders who are running scalping strategies that need consistent spreads at all times. Many years of experience within the trading industry has made LimeFx experts at delivering flexible, bespoke and multifaceted trading platforms. Through limefx reviews exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms. Hi Ataur,

Thank you for choosing LimeFx as your trading broker, and we appreciate your demand for high-quality instruments. We’re committed to providing our traders with access to a wide range of top-tier trading instruments and competitive conditions.

  • LimeFx are able to accommodate various levels of traders whether you are experienced or a beginner.
  • When compared to similar brokers a viable alternative broker choice to LimeFx is IC Markets.
  • Explore the LimeFx platform and train yourself to think systematically and logically about the markets.
  • You can’t deny that LimeFx has one of the best customer services out of any trading platform out there today.

It’s great that they serve clients from all different backgrounds and with different religious beliefs. However, as with demo accounts this is something that you would expect from all brokers nowadays. If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts.

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In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, LimeFx ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. LimeFx is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to LimeFx, money is in a segregated bank account that is separate from LimeFx company’s funds.

Traders can choose between Live and STP/ECN trading accounts. Live Floating/Live Fixed is divided into 4 accounts, including Micro, Premium, VIP, and Zero Fixed. Meanwhile, STP/ECN is divided into 3 accounts, including STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero. This account type is created especially for newcomers and traders who hesitate to enter the financial markets. With top-notch services and operations, LimeFx focuses on offering a high-speed and seamless trading environment to its clients.

  • If you’re trading on USD/EUR frequently, you also have a trading fee of €5.35 to pay, along with a spread depending on what account you use.
  • Evaluation includes researching the LimeFx management team, track record, and services.
  • Although we found some very useful aspects of the LimeFx platform that would be useful to some traders.
  • However, if a market order is not fulfilled, no commission fee is usually charged.

Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere. MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF’s on the LimeFx MetaTrader 4 (MT4) trading platform. MT4 is a platform available with LimeFx, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The LimeFx MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. LimeFx allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage.

How can I start trading with LimeFx?

Keep in mind that the bonus you received when you opened your account is removed when you make a withdrawal. Hello leonel,

We’re sorry to hear about your experience. To investigate further, please contact us directly on Sitejabber and provide your personal details. Alternatively, reach out to our support team via live chat on our website or email us at We’re here to assist you. In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices.

MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels. It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. While LimeFx offers sizable first deposit bonuses, that bonus money cannot be withdrawn. Also, pricing for most services is slightly higher or on a par with other major forex brokers. The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market.

For instance, using CFDs, you use the LimeFx trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. Below we give an overview of the account types that LimeFx offer.

LimeFx has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, LimeFx will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like LimeFx, you can enjoy peace of mind and focus on your trading activities.

man its such a decent platform

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The features of the broker seem very balanced.I mean LimeFx has an advantageous trading environment to begin with. With all the promotions, tradable assets and trading accounts. In addition you can listen to the discussion of how and why this forecast was made and what’s the main idea behind it.That’s an invaluable experience to have for newbies specifically.

LimeFx vs. Competitors

The task becomes even more daunting when considering the vast number of online brokers like LimeFx available, each with unique features, fees, and regulations. Hello Thiago, We’re delighted to be considered a competitive broker! 🏆 Our goal is to offer a wide range of choices and account types to suit every trader and strategy. Thank you for recognizing our commitment to providing diverse offerings. Clients have the opportunity to gain more earnings from LimeFx by joining partnership programs like Introducing Brokers (IB), Affiliates, and White Labels. Terms and conditions do apply and none of this bonus cash can be taken out of traders’ accounts.

And the probability that such analysis is correct is extremely high. Hello Avirup,

Thank you for highlighting our commitment to education and the valuable resources we provide to traders. We firmly believe that education is key to successful trading, and we’re delighted to hear that you’ve found our webinars and educational articles helpful. Empowering our users with knowledge is one of our top priorities, and we will continue to expand and improve our educational offerings to further assist our clients on their trading journeys. Should you have any more feedback or questions, please don’t hesitate to reach out.

LimeFx MetaTrader 4 (MT

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Hi Otto, Thank you for sharing your feedback and experiences with LimeFx. We’re delighted to hear that you find our platform user-friendly and appreciate our customer support and educational resources. If you prefer a fixed spread for your trading strategy then you could consider a no commission account.

We take such allegations seriously and are committed to maintaining the integrity of our platform. To investigate this matter thoroughly, we kindly request that you provide us with the necessary proof documentation on Sitejabber through their verification process. This will help us ensure the accuracy of the information provided.