LimeFx Review 2024 Retail broker for trading financial markets

LimeFx review

These findings are based on our first-hand experience trading at LimeFx and take into account the overall experience for day traders. LimeFx supports the top MT4 trading platform and mobile app. You can even get limefx a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. The broker lets you trade the available financial instruments using the MT4 trading platform.

Customer Service

But number of advantages is much more, which determined my choice. LimeFx is a great place for algorithmic trading with a high-frequency method. The broker does not charge commissions for opening and closing trades, which saves a lot of money and allows the robot to take any opportunity of profitable entry. The algorithm is not limited by a requirement for the minimum number of pips for profit-taking, nor minimum time to hold a trade. Margin requirements are very low, so it’s possible to use the account balance to the full, and open many trades simultaneously.

This is a very stable forex broekr

Discussed individually below, these features include educational tools, customer support, and client monetary protection. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.

Demo Account

Apps for both iOS and Android mobile devices are available. There is much written about the ECN XL account they have crafted and its reputation as one of the best account types is well deserved. This had bringed me to LimeFx in the first place.Yesterday I registered an account on this platform and I was surprised that even a deposit bonus is available. It can be a great boost, especially for traders like me with limited funds. After I reviewed their trading conditions, I made a positive decision in favor of this company.

The broker that provides you with a competitive online trading environment and the required resources to help you get the best out of your trading. They are committed to your success, by delivering competitive pricing, via fair and transparent order processing. There main objective is to empower clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey. I decided to try this company because I saw advertisements on some Forex forums and people gave good reviews. I liked the fact that there are no spreads for intraday trading on some assets. LimeFx offers demo accounts, apparently without any time limit, making them ideal for testing algorithmic trading solutions and new strategies.

LimeFx Leverage

LimeFx review

I have been trading with LimeFx broker for 3 years now. I can say that I completely changed my life, I feel like a successful person and I get those things that I once did not even dare to dream about. It doesn’t matter if you are a beginner trader in the market or you have considerable experience, whether you trade in the long or short term, rely on fundamental or technical analysis factors. This tip should be the cornerstone of your trading career.Good broker, I recommend LimeFx to everyone.

  1. Like their service and waiting for future promotions and bonuses…
  2. With such a useful market analysis, we would love to see the section expanded to other pairs.
  3. This company has the extraordinary background in financial services.
  4. Client deposits remain segregated from corporate funds at both entities with leading international banks, but LimeFx does not list them.

Great service, smooth trading experience with no problems. I can picture my collaboration with the broker is mostly positive for me. There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news. For example, the EUR/USD currency pair is the most liquid currency pair in the forex market, so it generally has the tightest dealing spread.

LimeFx review

This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. LimeFx was launched in 2010 by a group of forex experts aiming to create a competitive and supportive trading experience for clients through transparency and high trade quality. The broker has so appealing terms and conditions for trading.

The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage. And I mean it in the most positive way.It provides the most favorable trading conditions to the customers for many years. Namely more than a decade.I think there are still things that they can do better.

MT4, which has helpful tools like flexible trading systems, wide technical analyses, and algorithmic and mobile trading, is offered for PC, tablet, and smartphone users. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders.

LimeFx offers beginner traders a sound educational offering from where traders can expand. While an interactive course or videos are not available, the existing content provides a well-thought-through introduction to trading. One of the most ignored trading costs is swap rates on leveraged overnight positions.

However, I would like to have more of the instruments. In early April, I opened an account and have since had a fantastic journey. By taking advantage of their deposit bonus, I was able to double my balance. https://limefx.biz/ Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions. For instance, anyone registering from a CySEC regulated region is not able to accept a bonus.

I use LimeFx for forex trading and have been impressed with the huge range of currency pairs, transparent fees and reliable MetaTrader 4 platform. I think the client dashboard and website could do with an overhaul though – they are pretty dated. It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. Like, they dont lure you in with leverage, dont create 15 account types. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far.

I am still not sure actually whether or not I will be transfering here all my capital. But this platform has none of the major trust problems, reliability issues, dubious questions about withdrawals and deposits. They are trying to stealing my money, beaware traders.