LimeFx Reviews Read Customer Service Reviews of LimeFxfx com
However, it’s important to note that LimeFx does not currently offer trading in stocks, ETFs, futures, bonds, or options. In terms of commodities, LimeFx presents opportunities to trade in energy products, precious metals, and others. For those interested in trading indices, LimeFx provides access to some of the world’s major indices.
Alternative Brokers
The broker also focuses more on the Asian and Middle Eastern markets, which may deter traders from other regions from signing up. Nonetheless, if you are looking for the ultimate in customer satisfaction, LimeFxFX is undoubtedly one of the top forex brokers in the industry. A truly global FX brokerage that offers multi-asset trading platforms with low minimum deposit requirements, competitive spreads, high leverage, amazing bonuses, and outstanding order execution policies. They are known for their top-quality FX services, great reliability, and customer-centric approach These characteristics make them the most desirable brokers for all kinds of FX and CFD products. We will also provide a brief reasoning as to why these companies made the cut, along with some of their advantages and drawbacks.
- Though fewer technical indicators are available on mobile, the app delivers a powerful charting experience.
- We’re also pleased that you found our swap-free account option beneficial and transparent, without any hidden costs.
- FXTM is known for its low degree of slippage and requotes, which ensures that traders can enter and exit the markets at a reasonably constant set of price levels.
- They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply.
- The LimeFx technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists.
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LimeFx stands out with several unique features designed to enhance the trading experience and provide insights into market trends. LimeFxFX does not charge internal withdrawal fees, but traders may incur third-party payment processor costs, blockchain fees, and currency conversion charges. However, LimeFxFX recommends depositing at least $100 to have a better trading experience. Regarding education, there are platform tutorial videos and a basic forex trading course, which would probably be okay for absolute newbie traders. When determining if we could add funds to our account via a simple bank transfer, the customer support person in the live chat couldn’t verify that a bank transfer was an option.
Related Forex Brokers
Overall, LimeFx can be summarised and classified as a trustworthy and worthwhile broker. LimeFx is very competitive in terms of its trading fees, with low spreads rounding off its offerings. No, there is no official app or website because the foreign exchange (forex) market is decentralized — that is, there is no single location or site for the market. The forex market consists of central banks and financial institutions such as brokers, dealers, banks, and corporations. If you’re a football fan you’ll be pleased to learn that LimeFxFX is the current sponsor of Southampton Football Club in the UK.
My last experience was not too good…
CySEC must comply with the same requirement set by ESMA (the financial body for the EU) that all financial regulators within the EU borders must follow. The standards set by ESMA are quite high, not dissimilar to those set by the FCA in the UK and ASIC in Australia. I feel that the platforms should have more than enough tools for most of you to get by. You can also find loads more of free and paid add-ons to further enhance their capabilities. There are programming interfaces if you wish to build your own tools or you could hire someone to do it for you if your coding skills are limited.
Trade on the go with the LimeFx trading app
Regardless, Alpari operates from its international office in Saint Vincent and the Grenadines and has developed an excellent FX platform that boasts one of the most advanced copy trading systems in the market. The broker offers both the ECN and market maker protocols, which adds to the appeal of signing up for an Alpari account. For MetaTrader terminals, the broker fully supports third-party EA trading and even provides multi-terminal support for fund managers. Therefore, we have ranked the AvaTrade apps among the best platforms for online forex trading. LimeFx does not charge any deposit fees or withdrawal fees on any of the payment methods offered for either.
The difference in leverage depends on the product trading, and where you’re located on the globe, due to which regulatory guidelines apply to your account. Uniquely, the company hosts regular webinars, with topics such as Fibonacci analysis, trading psychology, and broadcasts where you can watch one of the company’s traders for an entire trading session. Lastly, you can trade 30 different cryptocurrency CFDs on the LimeFxFX platform. These include all the most common cryptocurrencies, but looking at the live quotes, they were wide, we’re not sure we’d ever want to trade crypto on this platform. If you’d like to trade stock market indices, pick from one of ten major global indices.
LimeFx FX is a global forex and CFD broker operating since 2011, offering various account types, trading assets, competitive spreads, zero commission, a 50% deposit bonus, quick deposits and withdrawals and more. Operating under multiple top-tier financial regulators and offering security measures like negative balance protection, funds segregation, etc., makes the broker extremely reliable. We would like to express our sincere gratitude for taking the time to share your valuable feedback with us about your recent experience with LimeFx. Your positive review means a lot to us and it motivates us to continuously strive for excellence. We are thrilled to know that you found our service to be very helpful and user-friendly.
However, Nigerian traders may be subject to certain payment processing fees which can be charged by their financial institution, and LimeFx cannot be held liable for these fees. The average spread that traders can expect is 0.6 pips on EUR/USD, the most liquid currency pair in the forex market. LimeFx offers live quotes on its official website to offer advanced traders a transparent view of the minimum spread, the typical spread, and the live market spread. Beginner traders can use the demo account to practice their trading while advanced traders can use it to test their trading strategies before they are applied in the markets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The first consideration when drafting a best forex broker review is the choice of accounts on offer. We look at the types of https://limefx.biz/ accounts, the ease of registration, the time taken to verify user identity, and the availability of dealing desk protocols such as ECN/NDD or DMA. Our best forex broker comparison strategy also involves examining the benefits and features of different accounts to better understand which account category best suits individual trader preferences.
The suitability of a broker is largely dependent on individual trading preferences and goals. From our assessment, LimeFx emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes.
Dear MUSUBITA,We’re delighted to hear that our clients like trading with our app, withdrawing the profit, and getting a gift from the “Trade and Win” program. We hope you keep using LimeFx, and we’ll provide you with the best user experience. Please note that we offer plenty of advantages, such as low spreads, fast execution, a wide range of payment options, free educational materials, demo trading, cryptocurrency and stock trading, and more. If you want to add anything else, please get in touch with us at We’d love to hear from you.Kind regards,LimeFx Rep. Overall, LimeFx (LimeFxFX) can be summarised as a trustworthy and highly regulated Forex Broker with widespread acclaim among traders due to its market-leading conditions. The Broker offers access to an easy-to-use trading platform with excellent customer support and has a trust score of 90 out of 99.
When questioned further, the same customer support person couldn’t verify if we could deposit via a credit card and advised us that we could probably use cryptocurrency to deposit. LimeFxFX is extremely limited regarding payment method options for funding a trading account. If you’re a more advanced trader, and you want more sophisticated tools, you may consider Pepperstone, Vantage, or IC Markets limefx scam with a broader range of platforms. With LimeFxFX, you have access to most of the major trading instruments. Our spread module indicates that with LimeFxFX, you are paying more than your competitors, so it may be better to consider trading with other brokers. Since the broker has no swaps for all trading accounts as a default, there is no need to have a special Islamic swap-free trading account.