LimeFx Review 2023: Detailed Analysis Of The Broker!

Third, the broker must have a wide range of trading tools. This is really important because different people choose different assets to trade. They are committed to create a dynamic environment that equips traders with all the necessary tools for their trading experience. Opening an account in LimeFx grants access to more than 250 CFDs on 6 asset types, including forex, shares, spot indices, futures, spot metals, and spot energies. They want to provide their clients with access to top-tier liquidity and advanced trade execution with no dealing desk intervention. The average execution time is less than 11.06 millisecond with up to 7,000 orders executed per second.

At the time of this review, there were no Webinars which was surprising considering the popularity of webinars these days and the offering of webinars by so many other brokers. Leverage is offered to all traders and depends on which asset is traded as well as on the lot size. The broker’s website has a full list of all the assets and the available leverage so that you can know in advance exactly what you’ll be getting. In the cTrader platform, traders can access all the information from the deal ticket by clicking on the “Information” button when placing a market order. We did notice that the commission for this broker is on the high side of the spectrum.

The video tutorials are for both beginners and advanced traders. This section is regularly updated to ensure traders are well aware of significant market changes. Traders who lack the time to visit the course materials can make the most of these video tutorials. While this may help, the videos are limited in terms of challenges where professional traders are concerned. While all the courses in LimeFx education are interactive in nature, it is still important to self-check or assesses one’s understanding. These trading tests are the means to ensure the trader’s confidence.

Forex Trading Platform

Like many brokers, LimeFx offers a macroeconomic calendar to track important releases that can impact markets. They also offer some basic daily fundamental research and work with Trading Central to offer technical analysis. Two areas where LimeFx has an advantage over other brokers are its multilingual webinars available on the company’s YouTube channel and the quality of its real-time news offering. These tools seem to be available even for traders who do not have an account with LimeFx. Click ‘Register’ in the top right hand corner of the screen and you’ll be asked to fill out a few details including your name, email and you’ll have to choose a password. You’ll be free to fund your account once it’s been verified.

• The move signifies a drive to amplify their regional presence, enhance service offerings, and deliver an improved trading experience to clients.
• You can decide for yourself if
  LimeFx is a good broker for you or not by reviewing the criteria.
• You would not want to get burned if you touch highly volatile minors with high leverage.
• Generally, LimeFx does not charge deposit or withdrawal fees, although third-party services may do so.
• LimeFx is a regulated online broker that offers hundreds of tradable assets on multiple sophisticated platforms; cTrader, MetaTrader and LimeFx Edge.

During my research I picked PayPal and had no issues whatsoever but I’d suggest getting in contact with the support team for help if you feel you need it. Hereby,
LimeFx offers you
MetaTrader 4, MetaTrader 5, Mobile Trading Platform, cTrader and Web Trading. They always try to provide transparent and ethical practices across the global trading industry. In 2018, limefx forex brokers reviews 74.65% of market orders were executed at the requested price while 12.8% of the client’s orders were executed with positive slippage. Also, only 1.4% of all instant orders received a requote with 0.72% of them receiving better price when executed. This broker has also been regulated
by
FCA (UK) , CySEC 078/07, FSCA (South Africa) and DFSA (Dubai) F003333.

Commission Fees Are Low

There is a VIP account available to clients with an account balance of at least $50,000 (or equivalent). It offers a free Virtual Private Server service and reduced prices. I can say for myself that I’m not the most professional trader, because I often hurry events and try to find some ways to make money as quickly and easily as possible. But I understand that this is not the most promising approach, so I try to fight it with all the methods available to me.

The choices depend on the location of the trader, and LimeFx has created a great page where the entire process is explained in detail. Traders can easily move funds between multiple trading accounts inside their LimeFx Wallet. DailyLimeFx adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

Plus, we should take into account almost flawless trading platforms that vary in different aspects. It seems to me that the broker does everything for people. LimeFx offers very competitive spreads, which are not the lowest in the market, but are highly attractive to clients looking to balance cost and quality. In addition, the company prides itself on its customer support, available 24/5 and offers multilingual assistance. Available through a range of channels, but I use the live chat alone.

WikiFX Data

Oh, what about versatility, then this broker is the most diversified one! I mean, as you have noted, there are conditions both for rookies and experienced trading monsters! You know, when you come here and start diving deep in this sphere, you should realize that you can develop simultaneously with the broker. It improves its conditions and you also gain some new knowledge and expertise. LimeFx didn’t close my account all this time and recently I got back here.

If you’re looking for a broker that offers free VPS, you might want to check out Blueberry Markets. A VPS can be useful for those who wish to run their trading platforms 24/7 but cannot always have their computer switched on or do not have a reliable enough signal. Traders who use expert advisors for automated trading often setup their platform on a VPS.

I find this useful for multiple account management in different currencies. Generally, LimeFx does not charge deposit or withdrawal https://limefx.vip/ fees, although third-party services may do so. The fees are generally very low and funding methods convenient.

The latest version of MetaTrader has retained the intuitive, simple design that made MT 4 so wide-spread and accessible but upgraded the array of features and erased some inconvenient bugs. This account caters to investors who want to trade in accordance with Shaira Law. An Islamic  account is swap-free, meaning there is no swap or rollover interest on users’ overnight positions.

You Don’t Actually Receive any Cryptocurrencies

LimeFx offers a wide range of products and services, including forex, CFDs, and spread betting, to meet the needs of all types of traders. The company is committed to providing a secure and transparent trading environment, with competitive spreads, fast execution, and 24/5 customer support. LimeFx offers customer support to its clients through various channels, including email, phone, and live chat.

The trading platform boasts of providing over 430 LimeFx products to trade apart from CFDs and spread betting for a complete trading experience. The platform is known for its user-friendly interface and fast ID verification process. According to user LimeFx reviews, the verification process should take no more than a few minutes, allowing users to start trading quickly. LimeFx also offers a range of educational resources, such as webinars, tutorials, and market analysis, to help traders make informed decisions. With its competitive spreads, low commissions, and fast execution speeds, LimeFx is a great choice for both beginner and experienced traders.

LimeFx Non-trading Fees

We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Security features are standard, with the option to replace the login with Apple’s Touch ID. Watchlists are easily customizable and it is also possible to have multiple lists.

LimeFx trading platform operates in over 170 countries, and its head office is located in London, United Kingdom. LimeFx enables trading CFDs and spread betting on a plethora of instruments like FX pairs, indices, futures, and metals, among others. In this LimeFx review, we will discuss the salient features, pros, and cons, fees, & more to analyze if it is a better fit for different trading styles or not. The education section contains a free forex basic course arranged into 9 courses.

• It would have been nice if they would be presented in their own and traders who wish to browse the videos are better advised to do so on the official Youtube channel of LimeFx.
• Its live phone support operates in several locations, which include the United Kingdom, Cyprus, Monaco, Bahamas, and the United Arab Emirates.
• Starting to trade with LimeFx, you will first need to open an account and deposit funds.
• Their range of forex pairs and the ability to trade equity indices, individual company shares, cryptocurrencies, metals, and energy set them above competitors in this space.
• One of the notable aspects of the LimeFx broker service is the use of the same payment methods for withdrawing funds and funding traders’ accounts.

LimeFx doesn’t provide their own trading bots as far as I know. But you can find tons of bots for different LimeFx platforms on the internet. There are dedicated forums with lots and lots of various robots. Or you can also create your own one that will trade using your hand-made trading strategy.

Besides that, there is a quite thorough guide to technical analysis available at Trading Central. The data is located in the economic calendar and the LimeFx Squawk. You can filter for countries and data types, which is a useful tool for forex traders. LimeFx is a CFD and forex broker offering a large number of currency pairs and over 1,700 stock CFDs.

The firm provides a wide range of trading options and is always searching for new, innovative ways to use the latest technology to enhance your overall trading experience. Registering an account with a high-end cryptocurrency exchange can be a tedious process. However, registering with a reliable exchange limefx reviews like PrimeXBT is not something that should put you off. After submitting identity-verifying documents and adding funds to your digital wallet, you can access the main dashboard of your account. Here, you can check your wallet, account settings, and trading accounts, and access the knowledge base.

The Fundamental Analysis and the Technical Analysis sections follow the same format, are split into Beginner and Advanced and come with cards as well as videos. The progress bars give traders an idea of where they are on their educational path. This brings us to the two prime sections of the research department, the in-house LimeFx Market News and the third-party Technical Analysis by Trading Central section. Plenty of fresh research and analysis updated several times during each trading day, makes the LimeFx Market news section a nice read during a trading break.