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LimeFX review

You can withdrawal or deposit by Debit and Credit cards, Bank Transfers, Skrilll, Paypal or Webmoney. Account currencies are in USD, GBP, CHF, EUR, PLN, AUD and JPY, Depends to the method you withdrawal your funds the broker charge up to $20 as LimeFX Withdrawal Fees. Choosing limefx broker reviews the right trading account depends on your trading style and other important considerations (spreads, leverage, technical tools, trading platforms, execution speed, etc.). LimeFX is a reliable platform that can be considered trustworthy due to its strict regulatory practices.

LimeFX review

Be sure to read this LimeFX reviews to the end before open account with LimeFX.com or LimeFX.co.uk forex broker. Our team of industry experts also assessed the mobile trading Apps offered by LimeFX. Forex traders can choose mobile Apps for both iOS and Android. LimeFX brings all the trading tools and features of the desktop version directly to your mobile device. Additionally, this forex broker released its own branded account management tool called LimeFX Direct App. To start the process of opening an account with LimeFX you can visit the LimeFX trading platform here.

Customer Support

It does and it is, especially when you take the low spreads that can be fixed into consideration. LimeFX is a no dealing desk broker, which means that its clients can trade using the exchange rates that big banks use to trade amongst themselves. There’s no middleman between the trader and the market, which should, in theory, lower the costs of trading in general. LimeFX seems to be a top-level forex broker with great platforms but there are also things that traders should be concerned about. You may use your mobile phone or tablet to access your cTrader account, which has a sophisticated interface and advanced mobile charting features.

  • An Islamic  account is swap-free, meaning there is no swap or rollover interest on users’ overnight positions.
  • As is the case with many top-tier brokers, there are no commissions for most trades executed on LimeFX’s platforms.
  • Due to its huge active client base, LimeFX can match a large part of its order flow internally, minimizing risks and costs while offering its users great prices.

With negative balance protection, LimeFX trading losses are always limited to the current balance of funds in the trader’s account. Trading CFD trades on the LimeFX platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Portfolio and fee reports

I appreciate that they prioritize their customers’ financial well-being. Another feature worth mentioning is the handy economic calendar on LimeFX’s website, but aside from that, there’s not really that much to add. LimeFX provides good news & research but lacks depth in some areas, which means it can’t compete with some high-level brokers like IG and Oanda.

The brokerage also provides negative balance protection, which means that your account balance can not drop below zero. The only money you can lose is the money you put in, so there’s no way you can get into a situation where you owe the company money because of a few bad trades. In essence, LimeFX is a brokerage firm with a fantastic offer for traders, but also a lot of suspicious activity going on behind closed doors. There are a lot of factors to consider here, so let’s take a deeper look into this online broker and see whether it is a money-making machine for its clients or a financial hazard. All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Neither our writers nor our editors receive direct compensation of any kind to publish information on tokenist.com.

To do FxPo login simply sign up with the broker then check your email and follow instructions to open a free demo trading account and do free LimeFX account login to mt4 platform. Please note SuperTrader accounts are not currently available for UK registered clients. For clients who have previously been approved by our Back limefx company reviews Office department, your SuperTrader account will be approved once a Limited Power of Attorney has been accepted via the online form in Direct. For new or existing clients who haven’t provided the relevant documentation, their account will remain pending until these documents have been received, reviewed and verified.

Ratings On Other Platforms

Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades. Let’s explore each of these trading platforms in detail and what options LimeFX gives you. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. A minimum deposit is the minimum amount of money required by LimeFX to open a new online brokerage account with them.

These services require significant investment, and in turn, LimeFX may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall LimeFX trading profitability. The trading platform, LimeFX, provides users various options regarding the minimum and maximum trade requirements.

LimeFX review

The spread bets offer much tighter spreads than the traditional financial assets. The tax-exempt status coupled with the low initial deposit makes spread betting very attractive. LimeFX has the bonus of being able to offer a trading platform designed for spread betting.

How to Open a LimeFX Demo Account? 👷‍♂️

There is also a useful platform comparison table to help you choose the best option for you. LimeFX offers clients a wide range of desktop trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and LimeFX Trading Platform. The desktop browser experience is in line with the industry average and allows traders to easily execute trades with clear and transparent pricing. Charting is also available with various indicators and studies. Traders can also create customizable watchlists and leave conditional orders, but hedging is not possible on MetaTrader 5 and will simply cancel offsetting orders.

This can help you with planning trades and money management. The MT4 platform has become the industry standard courtesy of its usability, tools and scalability. I like how the MT4 has inbuilt features for trading and analytics. Today, the company operates in more than 170 countries and has more than 2,188,000 client accounts and €100 million of tier 1 capital.

Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like LimeFX can be useful for traders starting or with limited capital. LimeFX provides the intuitive MetaTrader platforms, the most popular used trading platforms these days. They are suitable for both beginners as they are very user-friendly, as well as advanced https://limefx.name/ traders as they come loaded with trading tools and advanced functionality. Besides the MetaTrader platforms, LimeFX also offers the professional cTrader platform and an in-house LimeFX Edge platform for their clients. I think MT4/5 would be ideal for new traders whereas cTrader is a good option for those who already have some experience trading online as I find it to be slightly more complex to navigate.

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