- On Friday October 30th, 2020
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LimeFX Forex Broker Review and Rating 2022 Detailed LimeFX information with traders reviews for 22 October 2022
Contents
So, in a nutshell the trading profile of LimeFX is strong & trustworthy. Additionally, this broker also has separate active program for client’s fund protection. I’ve been trading on LimeFX for over a year and had no complaints about deposits or WD. As a user who is still trying to adapt to LimeFX, I feel unusual because I can’t WD in 30 days, while many other brokers do not enforce this rule. LimeFX provides no Swap-Free feature, so this broker is not Sharia-compliant.
- Automated traders will rely on the industry-leading MT4 platform.
- For other trading platforms, the inactivity fee depends upon the type of account you’ve selected.
- They’re one of the world’s top trading platforms and also a dominant figure in the Fintech revolution.
- The technology embraced by LimeFX is among the maximum caliber, ensuring that it’s fast, dependable, and effective.
But for the other types of accounts the commissions vary from 8 USD to 10 USD per lot. Besides, for each trading a very small amount of spreads also cut by them. But in that case, we must mention that the spread is really lower than other brokers. What makes trading in LimeFX stands out from is the remaining Cent Account which allows traders to trade with a contract size as low as 1000 units per lot.
The fact that only MetaTrader trading platforms are available we found a little disappointing, but this is a minor fault, and certainly not one that is going to keep all new traders away. This is the world’s most powerful, intuitive, and functional Forex trading software. It includes a host of features such as forex charts, dozens of trading pairs, in-depth analysis, real-time updates, and EAs for automated trading.
Partnership Programs
LimeFX is a regulated Forex broker, and account verification is mandatory. New traders can satisfy this requirement by submitting a copy of their ID and one proof of residency document not older than three months. The LimeFX proprietary trading platform is an attractive choice for manual traders. LimeFX offers trading in 40+ currency pairs, four commodities, 50+ equities and 15 indices, which is a sufficient asset list, particularly for new traders. Clients can also access a forex calculator designed to calculate basic parameters such as contract size, margin, cost of a point and swap fees. Additionally, it provides live spreads and limit and stop levels for all instruments.
So for advance trading, you should look for other broker who supports wide range of trading instruments. LimeFX is a Safe forex broker, Regulated – FSC Company – E-Global Trade & Finance Group Inc, To find the more best brokers reviews Listed. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Trading Platforms, Software, and its Features
LimeFX charges no fees when using either Neteller, Skrill, or WebMoney when deposits are made into the trading account. However, there is a 2.8% plus 0.5 USD fee charged with Debit/Credit card transactions. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. Debit/Credit Card payments have a base currency of either USD/EUR.
Profit withdrawal issues are a problem, but execution in different circumstances like automated trading or scalping seems to be the biggest problem. LimeFX isn’t well-known in the EU or AU, nor other regulated regions. They tend to work with clients from the above-mentioned regions. Spread manipulation and denial of profits are two major problems with online trading. If you are not a resident of Asia or CIS country, there are more suitable brokers with less funding and withdrawal limitations.
Charts are large and highly responsive, and the order management module of the platform is as easy to use as any platform we have tested. We are therefore confident that the LimeFX webtrader is a suitable choice for most new forex & CFD traders. TheClassic Account, like the Cent Account, also offers instant execution. Except for the fixed spreads, which begin at 2 pip, the account features are nearly identical. According to many online reviews, as well as our research LimeFX customer service responsiveness and quality is well below average. CIMB Bank, Verata Bank, BCA are just few of the online banking methods that have been created for Indonesian clients.
Accounts offered:
You will find the clean design of this platform along with the commendable features are pleasant to work with. As you already know, LimeFX works with proper conformation to regulations. It has established plenty of measures to protect all its investors. The LimeFX phone support team was able to effectively address our questions and issues over the phone. We tested the multilingual LimeFX team by calling them in various languages.
LimeFX are a professional broker that has been trading for over 2 years. They offer a wide range of options in their customer accounts. Another concern limefx courses scam with online trading brokers with respect to security might be manipulation of trading. This is highly disadvantageous for consumers on those platforms.
They’re most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading solutions are the core at LimeFX. All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship limefx cheating with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. This LimeFX review page contains information about investing with LimeFX. It is intended for educational purposes only and should never be considered financial advice.
The Classic NDD Account
LimeFX does offer additional features such as an AutoChartist plugin for MetaTrader 4 which allows users to access additional tools such as risk calculators, market scanners, statistical tools and more. This is on top of the additional features found in the MetaTrader Market place which can be accessed from the MT4 platform such as programming services for auto trading. A wide range of markets is currently supported at Forex 4 You. These include 50+ FX pairs, 50+ stocks, 15 global indices, commodities including WTI , Brent crude oil, and gold, and various digital currencies including Ripple , Ethereum , Litecoin , and Bitcoin .
What is good for a certain trader does not necessarily mean the same thing to you. You can decide for yourself if LimeFX is a good broker for you or https://limefx.group/ not by reviewing the criteria. In general, LimeFX provides trading service in Forex , Gold & silver , CFD , Oil , Stocks , Futures and Indexes .
- These details may not be available for public access so it is better to get it confirmed by the fund recovery specialists.
- Its credibility is supported by the many awards it has won and also the favorable LimeFX customer comments and reviews.
- A monthly $10 inactivity fee applies after twelve months of dormancy; most competitors charge an inactivity fee far sooner.
- Some Forex traders experience slow connections when using MetaTrader 4 with LimeFX.
This bonus can also attract certain other gifts; for example, additional Forex bonuses and returning foreign exchange commission. The Forex 4you website offers a variety of educational resources for traders. These include Trading School, MetaTrader 4 video tutorials, Seminars and trading articles.
And that’s why thousands of positive LimeFX reviews of this broker has beat its silly negative reviews online. However, you may have your own queries for opening your trading account. And that’s why today we’ll discuss LimeFX from the top to bottom for you. MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. LimeFX also includes excellent trading conditions that are available to all and not just an elite group of institutional customers. The tight spreads and fast executions are a fantastic advantage for all traders.
Over 70% of copied trades via Share4you are profitable, according to the broker. Swap-free accounts are available only to predominantly Islamic countries and need to be requested specifically. After discovering techniques to trade pan-European and US equities, Jitan developed a love for a short to medium term trading on indices and commodities, and later on currencies. Between 5 and 25% of the deposit amount, anything is possible.
Bitcoins available for trading on real accounts Dear clients, Today we are launching trading cryptocurrency on real accounts for our clients. Now every LimeFX client will be able to trade on world most popular cryptocurrency – Bitcoins. LimeFX has invested in the most qualified personnel with experience in the forex sector who can effectively help clients in their various arising issues.