They are also licensed by a number of other regulatory bodies including the FCA and ASIC. LimeFx has over five million clients from more than 196 countries. The company offers a variety of different account types and spreads starting from as low as 0 pips. The company also offers multiple trading platforms, including MetaTrader 4, MetaTrader 5, and Webtrader. LimeFx is regulated by several authorities globally, including the top-tier ASIC.On the plus side, we liked the low stock CFD and withdrawal fees.
We found that sometimes we had to ask the same question multiple times to get a straight answer.LimeFx phone support was fast, but we didn’t always receive relevant answers. For example, we didn’t get a clear limefx reviews answer to our query on how swaps are calculated. On other days, the answers were on point – it’s hit-or-miss.Email support works great. We received answers within a day and they were all relevant.
LimeFx’s expertise comes from in-depth knowledge of and experience with the global financial markets. LimeFx has extensive experience and offers support in more than 30 languages. This helps the broker appeal to those all over the world and of any skill levels.
Depending on where you are based, LimeFx also offers some nice signup bonuses including a no-deposit bonus of $30 and another 100% bonus matching your deposit up to $5000. LimeFx gives clients access to an extensive Research and Education center. There are also daily briefings for critical market events. LimeFx gives clients access to a long list of algorithmic trading tools. MT5 allows hedging, full EA functionality, and one-click trading.
Create an MT4 or MT5 account and trade in all your devices
LimeFx aims to process all withdrawal requests within 24 hours, and there are no fees involved. So whether you’re looking to fund your account or withdraw your profits, LimeFx makes it easy. All client funds are segregated and held in trustworthy banks. With so many safety measures in place, you can rest assured that your funds are in good hands with LimeFx. Thiѕ iѕ bесаuѕе thеу оffеr trаdеrѕ the choice bеtwееn uѕing thеir MT4 аnd MT5 рlаtfоrmѕ across a multitudе оf ореrаting systems аnd dеviсеѕ.
- You can trade stocks only using the Shares Account.It is a big addition compared to its competitors.
- The rollover policy is that LimeFx will credit or debit client accounts and take care of rollover interest.
- At the time of writing, there are 12 documents in this section, all available for download as PDFs.
- If you use the trading platform outside of these hours, trades will not execute.
Both the live chat and phone support are available 24/5 for convenience. This way, clients do not have to wait to get answers to important questions. MT4 Multiterminal offers three allocation methods, multiple order types, and execution and management in real time. LimeFx gives clients the ability to trade more than 1,000 instruments across seven asset classes.
LimeFx at a Glance
You need to have an MT5 trading account to trade stock CFDs. In order to best comprehend the above 6 factors, you will have to keep in mind that currencies are traded against one another. So when one falls, another one rises as the price denomination of any currency is always stated against another currency. Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange. Trading currencies always involves exchanging one currency for another.
Like most brokers, LimeFx offers a range of seminars and other educational tools to help traders enhance their skills. This includes hundreds of seminars that have already been hosted around the world, with more to come. By offering variable spreads, LimeFx is able to avoid these issues for traders. There are also no restrictions related to trading at the time of news releases.
How to open your account
Hоwеvеr, they are more than hарру tо hоuѕе traders frоm other countries in the wоrld, with a рrеdilесtiоn for Iѕlаmiс оnеѕ. In this wау, thеу hаvе bесоmе оnе of thе mоѕt famous ‘Hаlаl’ brоkеrѕ оn the international market. Thе ассоuntѕ they рrоvidе fоr the Islam wоrld are called ‘ѕwар-frее’. The tеrm itѕеlf refers tо thе fact thаt thеу do nоt аllоw any ѕwаррing оr оvеrnight rоllоvеr intеrеѕt оn роѕitiоnѕ (see Islamic accounts).
LimeFx Review 2023
There is also multilingual customer support plus Personal Account Managers. LimeFx Zero Account offers ‘fractional pip pricing’ (very low spreads) ideal for those scalping/day-trading the markets but charge commission of $3.5 for every 100,000 units of traded currency (1 Lot traded). As LimeFx, only offers variable spreads traders incur spread costs and no commission on a Standard Trading Account. Swing and positional traders are suited to a standard account. This segment participates in the forex trading marketplace via a broker (like LimeFx), or via a bank.
Services not allowed for-
The broker has a term for small traders who can deposit as little as 5 USD as the minimum deposited amount. This broker is currently available in 18 languages and offers to start immediate trading. They also has micro/mini type trading prices so traders can trade with ease spreads.
This room helps with the development of strategies needed to hone strategic thinking. It also includes education about various analysis tools, like Bollinger Bands and the Avramis Ribbon. Articles may be news-related when relevant or labeled as technical analysis. There is then a separate page for Forex Previews, also with news and insights.
We compared LimeFx’s fees with those of FxPro and Admirals (Admiral Markets), two similar brokers selected by our analysts. This selection is based on objective factors such as products offered, client profile, fee structure, etc. We also drew up a more detailed rundown of LimeFx alternatives. As a whole LimeFx is a trusted https://limefx.club/ broker that has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service. Looking at the LimeFx Zero account, the average spread for EUR/USD is 0.1 pips excluding the commission.
These include forex, individual stocks, precious metals, commodities, cryptocurrencies, energies, and equity indices. At LimeFx the client comes first regardless of net capital worth, account type or size of investment. All our clients receive the same quality services, the same execution, and the same level of support.