LimeFx Review 2023 International Forex and CFD Trading, Simplified

They helped me significantly in starting my journey as a forex trader. As a newbie you will most likely lose money with them, so start small and use it to gain experience in a relatively safe environment. Though once you find your footing and are confident enough to deal with the uncertainties of trading, there are places to go that offer much cheaper trading environments.

In order to attain certain authorization and licenses, the broker must meet criteria that prove its authenticity as a broker. You guys have no idea how much capital i lost because of their con tricks happening on their platform, LimeFx should be ashamed of such illegal acts… That means all the traders are trading between them and against the broker. So, ask them before topping up the account about the company with whom you have a contractual relation. After more than 1 year of trading with this broker, I can share my opinion about LimeFx.com. They are always available through Facebook messenger, reply quickly, and earnestly try to answer your questions.

• The customer service team is knowledgeable and experienced in providing assistance with a wide range of account and trading related issues.
• LimeFx provides Forex, Commodities, Metals, Indices, Cryptocurrencies, Shares and Vanilla Options CFDs and offers its user friendly LimeFx Platform, MT4, MT5 and TradingView.
• A good selection of education makes the broker highly attractive for beginners.
• Having these regulations and policies in place, helps to ensure clients that funds and transactions are secured and protected.
• Therefore, both beginners and experienced traders can find what they want to trade on LimeFx.

LimeFx have financial security programs to protect their clients. As part of its core value of transparency, the firm lets its clients know that all client funds are separated from LimeFx funds. Clients’ funds are segregated and placed safe and secure in top-tier banks and customers will be able to access their funds. The firm offers capital adequacy that maintains sufficient liquid capital that covers all client deposits, potential fluctuations in the company’s currency positions, and outstanding expenses.

This programs is available free of charge if you have registered with LimeFx. When trading in the browser, no software download and installation are required. The interface for the web browser is quite easy, so even if you are a beginner in Forex trading, you will quickly learn how to trade foreign currencies online. Yes, LimeFx offers customer support over the telephone. Skrill has a variety of licenses that allow it to provide its services in Europe and around the world. Skrill is operated via Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by the Central Bank of Ireland, for its European regulated activities.

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Therefore, both beginners and experienced traders can find what they want to trade on LimeFx. Since 2001, we strive to ensure that our traders receive the best possible trading conditions, products and services. On our platform, we provide fixed spreads which never change regardless the market volatility and you always know the spread you are paying before opening a deal. Likewise, the guaranteed stop loss that we offer on our web platform helps you control your risk on every trade so you never lose more capital than willing to risk. This LimeFx review gave you a closer look into business operations of one of the top Forex brokers and a type of services they offer to their clients. Based on the information provided here, you can see the company takes great care of their customers and offers a viable business environment.

In case are of the auto trading type, the broker enabled EAs for you on MT4 too. Last but not the least exceptional feature is the negative balance protection on MT4. Besides offering MetaTrader 4, LimeFx also developed its proprietary web-based platform.

FxForex has long been a trustworthy guide to Forex, CFDs and Cryptocurrency trading online. We review online brokers, provide tips and guides to trading, as well as news on the latest developments in the industry. When it was founded, LimeFx sought to democratize trading. We wanted to offer everyone access to global markets – not just institutional and high net worth individuals.

LimeFx Mobile App

LimeFx educational resources are used throughout the LimeFx learning environment to help and assist with customer’s development and learning of trading on LimeFx. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using LimeFx trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons. A LimeFx payment method is required to fund your LimeFx trading account before placing a buy or sell order on a financial instrument. Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on LimeFx are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart.

LimeFx, as a company, has a powerful collection of rules for ensuring fair trading onto its platform. For data encryption functions, it provides an industry-standard secure socket layer . LimeFx is a trading partner that has found its way successfully to the brokerage world. In this review, we’ve tried to collate a number of the vital facets of LimeFx. This guide can help you to understand whether LimeFx is a fantastic fit for your own LimeFxs or not.

While easy forex trading with LimeFx platform, you always have the chance to boost your trading skills by accessing helpful educational resources through the trading platform and its account. The whole research section is divided into six categories, all serving to the same purpose of making your trade convenient. Amazingly, you do not have to pay any fees for making transactions. However, there is a set limit of $70 for minimum transactions across all accounts. Payment methods and processing times are the same as with deposits. Most importantly, all this will happen if you have placed a withdrawal request.

Additionally, LimeFx’ processing times are around the industry average. Other than its trading costs, the only other drawback we found with LimeFx is the lack of focus on more experienced traders. While LimeFx provides scammed by limefx good educational materials, it provides no advanced trading tools and virtually no market analysis. Founded in 2001, LimeFx was the first Forex broker to introduce negative balance protection and a guaranteed stop-loss.

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Due to this, many Forex brokerage companies try to secure a stable spot in the highly competitive market and offer a variety of options and advantages to their customers. The rule of thumb for you as a trader is to find a reliable broker company which will provide you with a fair competition and security of your finances in the turbulent market. This LimeFx review will reason why LimeFx is one of the leading broker companies with numerous customers. The Cyprus-based company relies on excellent market regulators to ensure the trust of their clients.

Prior to making transactions one should get acquainted with the risks to which they relate. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility limefx whatsoever for the content of the press releases or reviews made by the site contributors about the LimeFxpanies. The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff.

LimeFx is a rebranding of Easy-Forex, a broker which has been in operation since 2001. LimeFx does not offer many Shares, hence the total number of markets offered is smaller than some other brokers. There are free guaranteed stop-losses, there is negative balance protection and no commissions are charged. Additionally, the take profit rate is guaranteed and LimeFx says that fixed spreads are guaranteed. There is no slippage on the LimeFx Platform, but there can be on MetaTrader.

Can you trade metals with LimeFx?

Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your LimeFx account. USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR are supported by LimeFx as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders. Account fees charged differ between LimeFx and other brokers. An account is a fee that LimeFx and other brokers assesses on all accounts for the ability to keep an account on their platform.

Furthermore, LimeFx offers customer support in English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish, and Hebrew. There is a range of currencies available for trading and investing at LimeFx, as well as a wide range of deposit and withdrawal methods. LimeFx does not charge any non-trading fees whatsoever, unlike many of its competitors. There are no fees for account inactivity, nor are there any kind of administration fees imposed on users. To do this, all you need to do is upload your personal ID and a document that proves your country of residence.

Test of the LimeFx trading platforms

It is great that they offer cryptos as these are becoming more and more popular for trading nowadays. However, with a total of just 200+ instruments, they are far off the likes of IG who have over 17,000 tradeable assets in comparison. LimeFx are proud to be a market maker because it enables them to keep offering fixed spreads whatever the market volatility is. They claim to not disable trading and conditions always remain the same, unfortunately this wasn’t my experience as you will see below. Costs can be calculated prior to taking a trade due to the fixed spreads and no slippage on their web platform. The broker gives you full access to a range of innovative products, tools and services.

Many traders forget to indicate their take profit and stop loss targets, which can often lead to enormous losses. LimeFx automatically adds these values to all your trades to assist you in keeping your losses to a minimum. This feature is available when you’re using either the MetaTrader or the LimeFx platform. Their customer base is made up mostly by clients from Europe and Australia and they do not have a presence in the USA.

Whether you deposit €100 or €10,000, that money is not subject to any fees whatsoever. Similarly, there are no withdrawal fees charged by LimeFx, which is something that https://limefx.vip/ many competitor platforms do not offer. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers.

It is therefore difficult to recommend them on the basis of their trading environment, unless minimizing uncertainty and having a safety net are your main priorities. You have confirmed that you acknowledged the Client Agreement when registering a trading account with us. We invite you to review again the “Unauthorized Activities” section on the Client Agreement Page 19, section 9 and Paragraph 9.2 . Please contact us via email at so we can explain this in detail if something is still unclear to you. Dear Patrick Ekene Onwuegbule, thank you for reaching out to us. All Forex brokers are supposed to clearly warn their clients that online trading can lead to losses, perhaps even more than the initial deposit.

You can trade on the go with our mobile trading app, or use our powerful desktop platform to trade on your computer. It is specially offered when the market volatility keeps customers from letting their account go in the red. In such a scenario, LimeFx provides the ability to reset a clients account balance to zero. When you move money into your trading account from your bank account, a deposit fee can be billed by the broker.