LimeFx Review: Key Findings for 2023

Their quality of service is also very high and I always get fast and professional answers to my queries. All in all, I recommend LimeFx as a reliable and stable broker for all traders who want to succeed in the financial markets. LimeFx offers the full suite of the MT4 as well as the MT5 trading platforms.

Moreover, Fx Pro is not just an online trading platform, but also a great source of educational material. Assessing LimeFx objectively, I should say that it’s a contemporary brokerage company which keeps up with the times, frequently review its trading conditions and update them. However when I entered the platform for the first time, I experienced some difficulties sorting out account types and commissions. I presume it’s better to depict this information more transparently. I guess that this broker turned out to be the most advantageous recent discovery. Well, I could say banal things such as a very reliable broker, but I understand that there’s nothing unique here because you can find many reliable brokers except for this one.

LimeFx’s demo account is a great way to…

If you are unfamiliar with some of these terms or want to learn more, read our overview of order types. However, we missed the usual search function where you can type the name of an asset manually. This selection is average compared to competing brokers. You can also open corporate accounts and swap-free/Islamic accounts. There are a few exceptions though; among others, you can’t open an account from the USA, Canada and Israel.

In this terminal, I can trade assets that are not in cTrader. And it’s easy to manage separate accounts in the mobile app. And I also like that the LimeFx mobile app always informs me about the most important market events. For example, they can be about a new Bitcoin record or the minimum that gold has reached.

A good way to instantly connect with a dedicated customer support agent is to launch the live chat window. Customers are free to withdraw the funds in their LimeFx Wallets to their credit card, bank account, or any other payment method. They can rest assured that their funds are safe in their LimeFx Wallets. They can invest as much as they are willing to risk and keep the rest of their funds safe in their wallets. I’m trading for only 4 months, but I’m already profitable, so I’m absolutely satisfied!

Features

The broker also has an impressive range of exotic Forex pairs. The data is located in the economic calendar and the LimeFx Squawk. You can filter for countries and data types, which is a useful tool for forex traders. Changing leverage is a very useful feature when you want to lower the risk of your trade.

Leave your review and opinion to let other investors know. You can invest with the above conditions with only minimum deposit of $500. For the comparison of LimeFx’s all account types, visit the page here.

How does LimeFx make money?

Start trading Forex and CFDs with a wide range of desktop, web and mobile trading platforms, including MetaTrader4, MetaTrader5, cTrader and LimeFx Edge. LimeFx is best for forex and CFD traders who want a wealth of choices in trading markets. Their range of forex pairs and the ability to trade equity indices, individual company shares, cryptocurrencies, metals, and energy set them above competitors in this space.

Their proprietary software trading platform is better suited for mobile use than the MetaTrader versions. Finally, LimeFx has an acceptable mobile charting offering. Traders can choose multiple time frames to monitor and can easily add multiple trading indicators, such as moving averages. After setting up a chart, the mobile app allows traders to easily trade from the chart, with easy trade sizing and buy and sell directional orders. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.

LimeFx

Based on our Expert research, we found that LimeFx provides a range of top-grade desktop, web, and mobile trading platforms including the LimeFx Trading Platform, MT4, MT5, and cTrader. Utilize the above tools, 4 different trading platforms and LimeFx Direct to invest smartly in over 300 financial markets today. The MT5 trading platform is also offered for those traders who have no existing MT4 trading applications but prefer to remain within the MetaQuotes offering. LimeFx is an example of how online broker should make its business. Just take a look at the amount of trading platform, wide choice of the assets classified by different groups and friendly support service.

Since then, the company has executed more than 445 million orders and was voted the U.K.’s most trusted forex brand by Global Brands Magazine in 2017. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes.

Maybe sometimes you think, ohh, that is not so important. Because traders earn 80% of their money during 20% of the movement and I am actually underestimating this number. I like scalping trading strategy so the most important thing, that LimeFx can offer me tight spreads and instant execution.

The broker also has a representative office in the UAE. We tested it and collected the options and costs in How to withdraw money on LimeFx. Check out the current account balance requirements at LimeFx in our What is the minimum account balance at LimeFx article.

• LimeFx is one of the most established forex brokers on the scene today and they have the respect of traders across the world.
• Changing leverage is a very useful feature when you want to lower the risk of your trade.
• However, the platform feels outdated and some features are hard to find.
• Traders can choose between instant execution and market execution a feature not made available by many other Forex brokers.
• We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners.

Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. LimeFx provides https://limefx.group/ daily market updates and analysis on its blog, along with content from third-party providers. For comparison, XM Group and LimeFx produce numerous daily research videos.

There is no question that the regulation offered by LimeFx is respectable and should provide a solid sense of security for traders worldwide. LimeFx traders also enjoy negative balance protection in case leveraged positions are exposed to natural market events which would otherwise result in a negative balance. LimeFx has one of the most advanced websites worldwide. You can check the price action and trading conditions on any stock I can there there, see the global stock exchanges session times so you also know where and when you can buy and sell that asset.

LimeFx does not seem to offer any discounts for higher-volume traders on the couple commission types it does charge. The range of symbols available at LimeFx will largely depend on your chosen trading platform. There limefx courses scam are also thousands of shares available to trade in LimeFx’s BnkPro app, though it isn’t yet fully available globally. The following table summarizes the different LimeFx products available to LimeFx clients.

You can also receive in depth and effective technical analysis with tools used directly within the charts. CTrader provides multiple charts which you can trade from directly, and also gives you access to an extensive library of customised indicators. Traders simply need to select the instrument, decide which price to alert (bid or ask), and then choose to alert when the price is higher or lower than a selected level.