Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
Trade Smarter with LimeFx Academy
They are subject to stringent controls and are well-regarded within the industry. Because of the modern trading technology, the trading conditions are among the finest available, with competitive spreads, low commission fees and rapid trade execution speeds. They have user-friendly platforms for all of your devices that you can customise according to your own trading strategies. The integration of Trading Central provides a great way to get access to customised trading signals. The broker also has copy trading solutions for those of you who are looking for a hands-off approach.
Alternative Brokers
If you want to become a successful trader, you need to develop a trading strategy that considers factors such as market conditions, news events, and chart analysis. In forex trading, trades are sized in lots, with the standard lot representing 100,000 units of the base currency (the first currency in the pair). If you prefer a fixed spread for your trading strategy then you could consider a no commission account.
LimeFx Customer Support
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly. Use our international search tool to find a broker that accepts clients from your country. LimeFx supports mobile trading via the MetaTrader 4 (MT4) mobile app.
What does LimeFx have on offer?
These resources comprehensively cover fundamental and technical analysis, risk management, and trading psychology. Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch. LimeFx provides 7 different live trading accounts, Standard, Premium, VIP, Live Zero Fixed Spread, No Commission, Zero Spread, and Absolute Zero.
- Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
- LimeFx, founded in 2010, offers a range of forex and CFD trading options.
- LimeFx is authorized and regulated by the Financial Sector Conduct Authority.
- Please note that deposit can take up to 24 hours to be processed depending on the method you choose.
For instance, you can trade XAUUSD (Gold vs. US Dollar) or XAUEUR (Gold vs. Euro). Traders can avoid paying conversion fees when trading with instruments denominated in their account currency. The mobile app affords traders quick and easy access to the market on the go.
You should also think about researching what the platform itself has to offer. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LimeFx won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw https://limefx.vip/ you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on.
Overall, LimeFx considers itself to be the leading online broker and seems to be recovering well from past regulatory issues. It supports optimized trading in MetaTrader 4 and offers its clients an easy way to make deposits and withdrawals through its proprietary Client Portal. For beginner traders, LimeFx provides a wide variety of forex educational materials, such as videos, webinars, and seminars. Another important LimeFx offering is its new social trading facility. Furthermore, the company’s customer support is designed to offer the highest level of service through email, live chat, and phone support in more than 30 languages. LimeFx provides traders 83 currency pairs (e.g., EUR/USD) compared to IC Markets’s 61 available pairs.
Make sure you understand the risks before you copy any trading signals. The LimeFx MT4 platform provides quick order executions with no requotes and spreads as low as 0.0 pips. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
LimeFx uses standard security features to keep clients’ personal information secure, including website encryption. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. LimeFx was set up in 2010 by a team of finance and software experts.
Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021. This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition. Keep in mind that the dealing spreads above refer to normal market conditions. The spreads can widen considerably in fast or highly volatile markets. Go to ‘Bonus’ under ‘Trading Requests’, choose your trading account and submit your request.
Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise limefx reviews to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments.
