LimeFX Review 2022 Pros and Cons Uncovered

LimeFX phone support was fast and we got relevant answers. It is not really structured, so finding the relevant news is not easy. When you click on a headline, it shows only a link to investing.com. LimeFX has a handful ‘experts’ who publish daily blog-like posts that explain and comment on market events. These short posts often showcase a chart and present trading opportunities. You can contact the experts if you have any comments or questions.

The trading experience is unique with this broker and you save a lot of money on the order execution. For every trader who trades forex, this is the right provider. The free demo accountof LimeFX is perfect for beginners or experienced traders. Traders can trade the markets with virtual assets and simulate real trading. Experienced traders learn new strategies or test new markets.

Enjoy a seamless trading experience with lightning-fast execution, while getting access to award-winning trading tools and resources. LimeFX is a legitimate Forex trading broker that values the protection of client funds and information. This Forex trading broker provides traders with negative balance protection, which protects traders in the case that they reach a negative balance. In addition to the negative balance protection, LimeFX offers investor protection amount, in the possibility that the Forex trading broker reaches bankruptcy. LimeFX educational resources are offered free of charge to all traders of LimeFX. The platform tutorial videos give you a step-by-step guide on how to use the different trading platforms of LimeFX.

Downloading the MT4 platform is a relatively straighttforward process. As a ‘Windows-based’ program it wasn’t always available to use on Mac operating systems. However, there’s now a multitude of ways to access the program with no limits to the devices you can use it on. Please find the download buttons located below so you can begin the process.

Please get in touch with our Support team at if you have not received the reply by now, so we can understand the root of an issue. Its very very danger sign due to this I lost $90k USD if they cancel withdrawal and transfer funds in my account my account was survived. Please get in touch with our Support team at , in case you would require for further assistance. Comparebrokers.co needs to review the security of your connection before proceeding. This LimeFX review will provide a step-by-step guide on how to open a Live Account.

We tested it and collected the options and costs in How to withdraw money on LimeFX. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. You can also open corporate accounts and swap-free Islamic accounts.

Citizens of which countries cannot trade on LimeFX

In the VIP account (from 50.000$) LimeFX lowers the commissions to 1 unit. This account is filled with virtual funds and thus lets you test all trading features. LimeFX has several data and data centers around the world. With the connection to the live server in London https://limefx.vip/ I have a latency of under 30 Ms. If that is still too slow, you can rent a VPS server. Invest in falling or rising prices and secure the position with a stop loss and take profit. Since the calculation is sometimes confusing, LimeFX offers a forex calculator.

For example, by using the MT4 MAM, professional traders are able to execute a number of trades in different accounts simultaneously. These MAM accounts also have all of the additional account management tools that retails traders benefit from; providing a comprehensive trading solution no matter the level of experience. Now, as you’re reading our Ultimate Guide we’re guessing that one of your first questions is, what is the MT4 trading platform? Well, it’s an electronic trading platform that enables retail traders to access online trading of foreign exchange and other assets. It’s original release back in 2002 by MetaQuotes (who’s HQ is across the road from LimeFX) signalled a change in the way that retail traders accessed online trading. We compared how much a trader will actually have to pay for execution of a standard lot of 100,000 units of base currency on LimeFX, IG and LimeFX.

After the accounts team have verified your documents, you will be able to fund your account and start trading. If opening a corporate account, you will need to provide additional documents such as a certificate of incorporation and articles of association. Support are on hand to assist should you need them during the account opening process. All accounts are also offered swap-free for Muslim traders who must comply with Sharia law. It is nice to see that the broker caters for traders of all religious beliefs.

  • Take part in the grand Non-farm Payroll event by trading in significant financial instruments and then stand to win rich prizes.
  • Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust.
  • LimeFX is a registered trading name for LimeFX Ltd, which is a member of the LimeFX Group.
  • A smart person will always compare a few different brokers, before making a final choice.
  • You’re also able to find a wealth of information online as it stands as one of the most popular trading platforms available today.

The Pro and VIP Accounts of LimeFX allows the users to conduct accurate algorithmic trading in assets with the help of auto trade bots. LimeFX offers several types of trading accounts on two different trading platforms. You will find that LimeFX offers very low trading and non-trading fees, making it one of the lowest Forex broker commissions in the trading industry. LimeFX offers different payment methods to withdraw funds and deposit funds into your trading account, with no additional charge. LimeFX clients can only trade on the MT4 trading platform.

Mobile Trading Platform

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

  • Trade executions are fast and you can access the MetaTrader market to acquire, rent or purchase more trading tools.
  • I’ve been trading here for a month, and managed to withdraw, and I could bargain with the manager, I can confirm that I had a good deal of trying to make my debut.
  • LimeFX has a satisfying customer service staff, which is why LimeFX currently has 166,000+ satisfied clients.
  • Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.
  • LimeFX stands out among similar brokers because of negative balance protection.

The other local payment option was ‘ India instant internet banking ‘, the exchange rate is good for this. But funny enough, this local payment option is only available for deposit and not for withdraw. For withdraw on local payment option, only ‘ india instant payment ‘ option and ” smart india pay” only these are available, and the exchange rate is worst. I will not leave this scammer safe, hurting other people like me. Meanwhile, I am filing a legal case locally in Dubai, and getting a favorable judgment, which I will take to the UK later on for execution.

LimeFX Review Conclusion

A key risk management tool is setting an effective stop loss on your trade. A stop loss is basically an order that you place with your broker to sell when your chosen instrument hits a certain price. This effectively ensures that you can only lose a certain amount when you open an order should the market move against you. However, the trade will close if the market moves too much in the opposite direction, even if it bounces back a little later. As we mentioned previously, there are also custom indicators available on the MT4. These indicators function differently as they’re far more specilised than the basic ones you already have with the MT4.

The company compensates for the min deposit made by the traders within one calendar month. Please note that all deposits starting from 5,000 USD or equivalent, processed in one transaction by bank wire transfer, are included in our Zero Fees Policy. However, the minimum deposit is $100 and to get a VIP account you can reach a minimum balance to $50,000. The toolkit of advanced trading at LimeFX provides every professional trader with an extensive range of trading instruments to level up profitability.

Commissions and spreads

Always verify that your broker, is licensed by your local financial regulator. Forex trading, Market analysis, trading psychology, Social trading, trading strategies, stocks, MT4, CFDs, Technical indicators, and Managed accounts. The first two videos in each group are free to all website visitors but you need to register in order to watch the remaining videos.

LimeFX cheating

I work with three forex brokers companies simultaneously, including LimeFX. I use different trading strategies with different brokers, so I can’t guarantee 100% comparison accuracy, but it feels more comfortable with LimeFX. First of all, I speak about situations when the price is going up and down and does not catch your stop, although the candle crossed it. But it can be a matter of strategy and selected tools, I can’t vouch for it. But in principle I can advise with a clear conscience, a good broker, only maybe not for beginners. LimeFX rewards the active traders of the platform with generous cash prizes.

LimeFX VPS

LimeFX allows accessing the MetaTrader 4 platform for trading and investing in a broad range of asset classes. The multi-asset broker of MT 4 is ideally suited for trading limefx forex brokers reviews in stocks, bonds, and forex base currencies. LimeFX offers the innovative trading tool, Autochartist. Then they stopped picking up my calls and doesn’t reply my mails.

I opened account with LimeFX and a representative call me nextday, Saying they are activating my account soon. Then next hour my account has been suspended without any reason. I opened account seeing their low commission but without any reason they suspended my account.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. One of MT4’s main features is its user-friendly interface. With a simple and easy download process it’s easy to begin MT4 trading in just a few clicks. You’re also able to find a wealth of information online as it stands as one of the most popular trading platforms available today. We compared how much a trader will have to pay for execution of a $5,000 lot in CFD of different classes on LimeFX, IG and LimeFX.

I deposited on LimeFX through and after that they disabled that payment option for withdrawal, which is still available for deposits. Everything works great while depositing but for withdrawals? Already 15 days, i have not seen any withdrawal funds on my card, and no response from your support team.

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