LimeFX Review 2023 Investing com UK

LimeFX abzocke

Traders receive real quotes from liquidity providers and have access to all trading instruments. LimeFX

offers traders the selection between two of the most popular and loved trading

platforms in the world, the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading

platforms. Both platforms are highly sophisticated and accommodate the needs of

both beginner and experienced traders. However, because LimeFX only

provides trading in the forex markets, both platforms will do. LimeFX offers both MT4 and MT5 trading platforms, which are widely recognized and trusted by traders in the industry. These platforms provide a user-friendly interface and a wide range of features and tools, making it easy for traders to analyze and execute trades.

  • As always, you should be aware that trading with high leverage places you at risk of sustaining very heavy losses.
  • A similar set of guides exists explaining what different trading indicators signify.
  • Traders receive real quotes from liquidity providers and have access to all trading instruments.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision limefx website or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader. Like other brokers, LimeFX requires customers to submit their KYC (Know Your Customer) documentation in order to open an account.

As always, you should be aware that trading with high leverage places you at risk of sustaining very heavy losses. Founded in 2005, LimeFX has grown to the point where it now serves over one and a half million clients. It has won multiple awards and been included on World Finance magazine’s ‘World Finance 100’ international list. It is important to note that the information provided in this review may be subject to change due to the constant updating of the company’s services and policies.

Trading Platforms

Its compatibility with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) adds to this appeal, making it quick and easy to get up to speed with LimeFX if you’re already used to trading with other popular brokers. LimeFX provides up-to-date reviews and forecasts for all market instruments. Its fundamental analysis consists of daily news on significant political and economic events that impact the world markets.

LimeFX abzocke

LimeFX has created its own proprietary social trading platform. The automated copy-trading system will allow you to duplicate the best trades, trade independently, share information, and communicate with other traders. LimeFX provides a list of the most profitable traders, with their performance profiles from which followers can choose.

Анализ LimeFX по основным критериям

The EU entity only accepts traders from the EEA, plus the UAE and Marshal Islands. LimeFX (Europe) does not offer any promotions, including no deposit bonuses. LimeFX Europe uses HTTPS (Hypertext Transfer Protocol Secure) data encryption inside the Personal Profile portal, which ensures safe data transfer between the client and servers. The MT4 and MT5 platforms also use Secure Sockets Layer encryption protocols and extended layers of security if required.

Trading accounts can only be denominated in four base currencies – USD, EUR, GBP, and PLN which is limited compared to other brokers. Most other brokers denominated accounts in at least five to ten currencies. limefx forex brokers reviews LimeFX offers four base currencies, which is limited compared to other similar brokers. LimeFX does not charge fees for deposits, and as a bonus, it covers deposit fees imposed by the provider.

Bonuses & Promotions

Overall, LimeFX offers a range of useful trading tools to help traders make better trading decisions. LimeFX offers an average number of trading tools compared to other similar brokers. Overall, LimeFX offers fewer trading account currencies than most other large international brokers, but it offers accounts denominated in GBP. Some of the most overlooked trading costs are the non-trading fees that are charged by brokers. These fees can significantly affect your profitability and so should be carefully scrutinised. Something that may look strange for traders is the fact that LimeFX is using a .org domain.

  • All applications and their contents are supported in more than eight languages and are regularly updated.
  • In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information.
  • Clients benefit from advanced analysis, copytrade features and straightforward fees.
  • This consists of a simple form where you can enter your name and contact details.
  • Org domains are pretty much the same as .com or .net but not that popular.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. LimeFX offers two live account options, both with a low minimum deposit of 50 USD, making them accessible to beginner traders. The ECN Account has tight spreads (starting at 0 pips on the EUR/USD) but this is in exchange for a commission of between 10 to 30 USD per lot traded.

Latest opinions and experiences

The Classic Accounts is commission-free, but spreads are wider than other similar brokers, starting at 1.9 pips on the EUR/USD. LimeFX

is a zero commission trading brokerage and only charges trading fees through

floating spreads on all types of trading accounts. The spreads are very

competitive with the industry standards but are nothing extraordinarily low. On

ECN trading accounts, traders will see floating spreads as low as 0.9 pips and

average spreads of around 1.1 pips. For classic trading accounts traders see

average spreads of 1.8 pips and on Cent accounts, the floating spreads can

reach all the way up to 3 pips.

I’m afraid staying in a position without getting quick support if there are problems. We suggest that you take a look at the trader experiences yourself. LimeFX is a relatively unknown Forex broker and not as popular as eToro, AvaFX, Oanda or others. But there are enough opinions on the Internet that you can judge whether this broker is a scam or not.

Compare Forex Brokers

Overall, LimeFX is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering. This company is a registered broker operating from Cyprus, an EU member state located in Southern Europe. As such, all trading and client activity is regulated by the Cyprus Securities and Exchange Commission. As noted above, this jurisdiction offers investor compensation up to EUR 20,000 on non-professional trading accounts in the event of brokerage liquidation. Both accounts require a minimum deposit of $50, which is lower than other competitors such as FXTM and OctaFX.

Commissions only apply to cryptocurrency trading, at 12 USD per lot. LimeFX is an excellent trading brokerage

that accomodates traders of all experience levels and is very reputable in the

online trading industry. The brokerage has been awarded various awards by

multiple online financial publications for their level of trading services and

customer care and support. LimeFX features a live demo account for traders

to practice on and awards new traders with a bonus up to 50% for depositing

funds.

Торговая информация и условия LimeFX

LimeFX offers customer support 24/5 via email, telephone, and live chat. However, one has to register an account to access the live chat service. For the purposes of this review, we found customer support to be slow and sometimes unresponsive. LimeFX offers a discounted VPS https://limefx.club/ (Virtual Private Server) service on the MT4 and MT5 platforms. VPS hosting allows traders to run automated algorithmic strategies, including expert advisors 24 hours a day 7 days a week on a virtual machine. Traders are charged a fee of 15 USD per month to use the service.

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