Categories: Forex Trading

LimeFx Review & Rating by Traders, Submit a Review

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The base currencies in which traders can register their accounts are not that many as they can only go for USD, EUR, and GBP. An important thing to note is the range of currencies traders will be given access to will differ depending on the account type they will settle on. MT4 is among the most reliable platforms traders can use, and it comes with a range of tools and features, thanks to which they can carry out their analysis and customize their experience according to their needs and requirements. On the other hand, LimeFx does not offer any alternative trading platforms and does not incorporate any third-party tools.

How do I withdraw money from LimeFx?

We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our content on YouTube to be helpful. LimeFx is a multi-asset broker that is gaining prominence for its fast execution and low spreads. To give its clients the most out of their trading experience and cater to all levels of experience, the broker offers them a choice from several account types, including Cent, Standard, Premium, and Privilege.

What can you say about the broker’s webinars?

  • In our tests for the Trust category, we also cover factors relating to stability and transparency.
  • I’m trading through a privilege trading account and I think there is no need to guess why I chose this one.
  • This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action.
  • Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors.
  • LimeFx is not responsible for any data or information provided by third parties referenced or hyperlinked in the above communication.

Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. Compared to the broader industry, LimeFx offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies. It also supports automated trading via its Expert Advisors (EAs) feature. Meanwhile, the mobile app version of the platform supports trading on the go. LimeFx does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply.

Reviews3.7

Last but not least, LimeFx’s customer support department is up to the highest standards, as the agents are responsive and fully prepared to answer all questions you might have. The MetaTrader 4 platform is accessible on Mac and Windows-powered desktop devices and can be downloaded for free. The platform is a good choice for seasoned and layman traders as it allows them to manage equity, positions, and orders over the Internet with just a few clicks.

At the time of my review, there were 5 upcoming webinars, all in Arabic. I quite appreciated that there is detailed personal info about market experts who lead the webinars. LimeFx offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.

Transactions are always fast and I have never encountered serious delays. It should be noted that the payment method traders will choose when depositing funds to their accounts should also be used when they want to withdraw their funds. The availability of some of these banking methods depends on the location of traders, so the list of options they will get to see when they access their accounts might differ. As for withdrawals, clients of the brokerage firm can make use of most of the payment processors we just mentioned. While transferring funds from your trading account, you need to bear in mind that all withdrawal requests are first reviewed and approved, which might take up to 24 hours. While using the simple and intuitive mobile trading app, you can access expert research, explore technical charts, and view the latest real-time prices.

LimeFx is a brokerage firm, which is licensed and regulated by the Seychelles Financial Services Authority with license number SD029. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews limefx official site by industry experts to help our users make smarter financial decisions. My overall impression of LimeFx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders.

Hello Yousef,We are so grateful that you took the time to write this excellent review! Much appreciated.😃 We hope LimeFx continues to meet your expectations! Still on the demo, but I am really getting used to the trading app.

Users of the brokerage firm can also execute their trades while they are out and about, as LimeFx’s mobile apps make it exceptionally easy to keep tabs on the market anytime and anywhere. Indices are used to measure the price performance of a group of shares from an exchange and enable traders to get exposure to an entire sector or economy without opening several positions at once. This is to say that traders will benefit from high volatility and low margin in a more efficient way.

As you might expect, USC is the only currency you will be allowed to use if you settle on this account type. LimeFx allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash. While creating their demo https://limefx.group/ accounts, traders are allowed to decide between a great number of deposit amounts that start from $500 and can run into $5,000,000 at the most. While setting up their demo account, traders will only be allowed to go for an account with a floating spread.

LimeFx’s fast execution and low spreadsAre very important when trading the fast-pacedForex market. Clients have access to theSupport and help of account managers and aDedicated and friendly customer support team,Which is available 24 hours, 5 days a week. The multi-asset online trading platform seeks to provide professional and beginner traders with premium-quality trading software and exceptional trading conditions anytime and anywhere, and the available platforms go to prove this. To ensure that traders will be able to gain access to a variety of assets through CFDs seamlessly, the brokerage firm provides reliable technologies and a number of tools and services.

WebTrader guarantees a seamless trading experience anytime and anywhere, as users of the brokerage firm can place direct orders, set and edit limit and stop loss, open and close trades, and chart with just a few clicks or taps. One of the biggest advantages of using WebTrader is that clients of LimeFx will benefit from the full range of features MT4 provides for instant trading, no matter if they have chosen to create a trading or demo account. The brokerage firm allows its clients to trade on stocks with zero commission and from as low as 0.1 shares. Customers can trade shares in either direction, long and short, meaning that they will be allowed to speculate on price falls and rises. Even though future markets are leveraged, traders should bear in mind that they will not only get greater exposure to the market but will also be more susceptible to its negative movements.

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