LimeFX Review Forex Broker Reviews

More in depth and advanced content is available on the LimeFX YouTube channel. For example this recorded seminar of over an hour by industry expert Phillip Konchar, titled Plan Your Trade and Trade Your Plan. Platform tutorials and recorded webinars in multiple languages are also available.

It was nice to not have to navigate through a chatbot before reaching a human agent. Disregarding the problem with phone support, we rated the customer support experience at LimeFX as good. LimeFX offers access to over 2,100 tradable instruments, spanning forex and CFDs on commodities, indices, shares, futures and cryptocurrencies.

You must pay a fee if you refund to your PayPal account more than 6 months after the initial funding, or if you refund to Neteller or Skrill without having traded. Select a trading platform , default leverage and base currency; and the preferred language of e-mails. There is a VIP account available to clients with an account balance of at least $50,000 . It offers a free Virtual Private Server service and reduced prices. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. We ranked LimeFX’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.

North American Markets

The company has proved its reputation for many times all those years. Reputation is the key factor of financial business. I think this is the main reason fx pro is so well known all over the world. The biggest strength of LimeFX is its high reliability.Trader can do his job and not worry about his funds or outside factors. Broker has proven over the years that client’s funds will be safe no matter what. These guys are big fish on forex, so they need as many new clients as possible.

This is good, it means that every trader can trade at any time. We know that the Forex market works 24 hours and different assets are volatile at different times. I was looking for a broker among thousands of offers .. To be honest, this is some kind of nightmare. All offer advantages, bonuses, low spreads ..

LimeFX broker reviews

Yes, I agree that there are reasons to think so since the LimeFX broker has a huge number of pros. Thousands of assets are available for trading here. This asset used to show constant growth, now you have to be more careful not to get into a pullback. Of course, I make robots using this tool mainly for trading, but I more like the process of constructing robots rather than putting them in practice. I have been trading with robots for a bit more than half a year.

LimeFX’s Other Trading Platforms 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 LimeFX advice, offer or make solicitation of any LimeFX products. Richard has many years of experience in broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others. LimeFX is a global, experienced broker that have won multiple awards.

As you may understood I chose this broker because of trading platform. Yeah, I faced lotta brokers which offered Mt platforms too. Nevertheless, this one is the quickest for me. plus, there are lotss of trading instruments implemented in it. But I guess it’s a classical one, broker hasn’t added something in it. I just enjoy trading here and know no grief. LimeFX has good trading conditions, tight spreads, fast execution without slippage, nice website design, good analytics, easy-to-use personal account.

What is the minimum deposit required to open an account with LimeFX?

Because trading platform is the most important tool for trader. If platform will not work correctly or does not have proper functions, then trading on it will not bring any profit. So, I am sure that it depends a lot on trading platform.

  • I saw the advertisement and realized that this is exactly what I need now…
  • LimeFX is doing great in meeting my requirements.
  • VIP trading accounts have many offerings like larger trading volumes, unrestricted access to VPS, etc.
  • It can be seen how they develop every year.

The MT4 platform has become the industry standard courtesy of its usability, tools and scalability. I like how limefx forex brokers reviews the MT4 has inbuilt features for trading and analytics. It also supports the LimeFX NDD brokerage model.

Portfolio and fee reports prioritizes transparency and establishes top standards of safety for the funds of its clients. The online broker maintains client funds in different bank accounts, completely segregated from company funds. Moreover, it has been voted as the Most Trusted Forex Brand of UK by the Global Brands Magazine. The conditions there are quite fascinating, starting from the amount of trading platforms (btw, I traded on all of ’em), ending with a good UI design of the site.

The group headquarter is in the UK, however, broker serves offices in the UK, Cyprus, Monaco and Bahamas. As a licensed broker LimeFX subject to strict European laws, providing its financial services guaranteed by legal regulatory agencies such as CySEC and FCA. LimeFX is considered to be a safe broker to trade.

In all other respects, the Islamic account is the same as the other standard accounts, so it is a great boon for traders who follow the Shariah Law. The MetaTrader 4 account is probably the best starting point for new traders, because of the low prices and the familiar, easy-to-use platform. One of the fees you should watch out for is the inactivity fee. Accounts that have not made any trades in the past 3 months will be charged a $15 dormant account fee, followed by a monthly $5 fee as long as the account remains inactive. The minimum initial deposit at LimeFX is $100 but it is recommended to new users to start with $500 or more so they can enjoy the full array of trading features on the platform. I’ve come across forums where former LimeFX users talk about how the company uses this power to present bad prices to traders in order to make a profit for itself.

  • LimeFX offers a nice range of payment options inside its LimeFX Wallet.
  • The number of instruments is also impressive, but you won’t enjoy all of them unless you have a huge capital.
  • Alternatively, you may reach out to customer support to assist you with the deletion process.
  • Previously recorded seminars are available on the company’s YouTube channel.
  • Because we were depositing GBP from our British bank account into our GBP-based trading account, we weren’t charged any currency conversion fees.

I think LimeFX has made great reputation among tradrs as broker that provides excellent choice of financial instruments. Traders simply need to select the instrument, decide which price to alert and then choose to alert when the price is higher or lower than a selected level. The trader can even create a customized pop‑up message to deliver as well. Fast processing is a calling card of the company. Verification of the account was smooth and fast, as well as deposit of funds. I can allocate here the presence of 4 main platforms.

Traders can also specify when the order will expire, providing another degree of control. Time checked broker with UK and Cyprus regulation. I can make money here and they always withdraw it! Highly recommend them for advanced traders. LimeFX provides ample opportunities for trading. My pal advised me to trade cuz the broker’s regulated and offers decent choice of trading accounts with different conditions.

When there were more pairs, the yield was higher, but the drawdown was also greater. By removing the extra pairs, the drawdown was halved. I am very grateful to the company for these opportunities. A broker with good regulation, trading conditions are quite comfortable, spreads are quite good.

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