LimeFx Reviews Read Customer Service Reviews of LimeFx com 4 of 11

LimeFx offers beginner traders a sound educational offering from where traders can expand. While an interactive course or videos are not available, the existing content provides a well-thought-through introduction to trading. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.

Fees & Costs

On the downside, LimeFx supports accounts in just a few currencies (USD, EUR, GBP), with USD only for wire transfers. As a comparison, Fusion Markets offers 10 deposit currencies, which can help prevent the need for often costly conversions. This has been a credible and a safe environment for me to learn more about trading.

Customer Support

Overall, LimeFx is a multi-asset brokerage firm that gives you access to trade over 200 financial instruments via the popular MT4 trading platform. You can benefit from a range of competitive trading conditions, such as low spreads from 0.0 pips, zero commission fees and reliable execution speeds. There is only one trading account type but several payment methods for you to choose from. Beginners can take advantage of some basic educational content and see what the broker has to offer with a demo account.

Opening an Account

It is safe and has the necessary security tools in place, and also has a lot of good trading conditions. This app comes equipped with sophisticated charting tools, including 30 technical indicators, 9 different timeframes, and 3 varieties of charts, ensuring a comprehensive trading experience. LimeFx supports trading via the MetaTrader 4 (MT4) platform. However, not all currency pairs are as generously priced – GBP/USD trades with a 1-pip spread, which is more expensive than the average of around 0.3 pips at Fusion Markets, for example. Traded here for a while initially on demo, then traded couple of months on a live account. Everything was okay, yeah sometimes I made fatal mistakes, but as I learned, traders should never give up, so do I.

Trading Accounts and Conditions

LimeFx is a great place for algorithmic trading with a high-frequency method. The broker does not charge commissions for opening and closing trades, which saves a lot of money and allows the robot to take any opportunity of profitable entry. The algorithm is not limited by a requirement for the minimum number of pips for profit-taking, nor minimum time to hold a trade.

I feel like each one of us needs to find 1 broker he “clicks” with. For me it was LimeFx, simply because theire is no bull@it here. LimeFx’s limited research and technical analysis tools are disappointing, especially given how useful these https://limefx.biz/ tools can be for discovering trading opportunities. Placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading.

I don’t want to be in low spirits simply because I read a review composed by a person who failed to cope with his negative emotions and find the real reason for his failure. Unfortunately, testing the broker on a real account is the only way to find out whether it’s truly genuine or not. I risked $150 and not only lost it but increased to $175 and withdrew $25. After that I deposited more and continued trading with the broker and I still trade with it. I love their order execution and ecn xl acc which has rather tight spreads $0 trading commissions.

No one will block your account for ultra-brief trades.The second one is fees. Withdrawal times for LimeFx depend on the method you choose. The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately.

It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. Like, they dont lure you in with leverage, dont create 15 account types. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far. LimeFx is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. LimeFx is good for day trading thanks to its very tight spreads in the ECN account, leverage trading opportunities, and access to the fast and dependable MetaTrader 4 platform.

So it’s better to ask about bonuses from support department on official website. So you’ll get answer right away.As for broker’s advantages, you can also ask about them. Just look at trading conditions, which are listed on website and immediately understand everything. So you can trade not only from your computer or laptop.In general, look for information on company website. The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time.

LimeFx offers MT4 to all clients, which is available on multiple devices as well as major web browsers, though not on Mac. I like a lot of stuff about LimeFx, including their speed in order execution. However, I would like to have more of the instruments. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.

• I rate LimeFx’s customer service as top-notch in terms of responsiveness and speed.
• In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LimeFx XL account.
• Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

Founded in 2010 by a group of forex market professionals, Forex Central Clearing Corp. (LimeFx) decided to build on their vast market experience to become the most customer centric forex broker in the business. There are also several offers on hand for Forex traders. In addition to the Forex ECN XL trading account, LimeFx also offers a VPS and depending on regulation – first deposit bonus. Clients can trade using a Virtual Private Server, which can give them three main advantages, including accessibility, security, and speed.

Its MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage. It accepts all trading styles and Expert Advisors, including scalping robots, without restrictions. We look forward to the day when LimeFx will support MT5. The secure back office of LimeFx handles all financial transactions. LimeFx maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies.

It can be good to learn from mistakes and improve your trading skills by having some hands-on experience. Free demo accounts are available if you don’t want to take any risk whilst practising. LimeFx brand is an international brand that is authorized and regulated in various jurisdictions and is committed to offering you the best possible trading experience. I would always prefer to use a regulated broker as they can provide certain protection that an unregulated brokerage firm cannot. I am personally satisfied with this brokers regulation and wouldn’t have any problem using them for my trading. If you would prefer some more top-tier regulators, then you might want to consider City Index as an alternative option.

LimeFx could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. LimeFx’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size. limefx courses scam However, due to European regulations, this bonus is not available for clients from the EEA. The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read.

These findings are based on our first-hand experience trading at LimeFx and take into account the overall experience for day traders. LimeFx supports the top MT4 trading platform and mobile app. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. LimeFx offers trading on forex, indices, cryptos, energies and metals on the trusted MetaTrader 4 (MT4) platform.