LimeFX Review year Read Before You Trade!

LimeFX fx forex broker review

MetaTrader 4 platform is well-known for its dependability and full capabilities. MT4 provides comprehensive technical analysis tools, a user-friendly limefx website interface, and automated trading capabilities via Expert Advisors (EAs). Account registration with LimeFX is straightforward and user-friendly, allowing new traders to quickly set up their accounts and begin trading with minimal hassle.

LimeFX trading platforms and tools

  1. When we tried the customer support service offered by the broker, we realised that it offers prompt-based chat support and does not allow users to ask questions directly.
  2. MT4 and MT5 are the gold standards when it concerns automated trading solutions.
  3. With this account, LimeFX does not charge you any commission on the trade, only fees is their spread.
  4. The app features Space, an exclusive feed by LimeFX with technical and fundamental market analysis, trend directions, market news, economic calendar, and more from LimeFX analysts.

However, the offshore entity of the broker is regulated by just a 3rd tier regulatory body. Online reviews have revealed that this isn’t quite significant enough to call the broker well regulated. To change the leverage on LimeFX, users first have to login to their trading account. Set a new leverage by clicking on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save.

Forex Pairs

LimeFX fx forex broker review

Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. The broker offers three primary account types, each with unique quality. The account types are LimeFXTrader, MT4 and MT5 accounts for every trading platform the broker provides.

Other traders’ positions can be copied automatically or modified. With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves. To make it easier, LimeFX has a Copy Trading app developed differently from the mobile app. This feature gives users the opportunity to automatically copy leading traders and learn different trading strategies from them.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Trading with LimeFX will involve minimal fees, spreads from 0.6 pips, and commission-free trading depending on the account traders select. The required minimum deposit to open an LimeFX account is USD 25. LimeFX offers its own trading platform, LimeFXTrader, which is integrated into the LimeFX trading app for a seamless trading experience. Meaning, you don’t have to download separate apps or switch between apps while trading. Deposit, withdraw, manage accounts, trade, read market analysis—everything in one app.

Related Forex Brokers

Through the app, you can directly reach the broker’s customer care team, which provides 24/7 services and prompt responses within 30 seconds. My name is Bontle Phike, I traded with LimeFX I am still waiting for my withdrawal till today. I am still waiting till date, my account manager is Jason and the Agent is Robert Wesley. It has a very comprehensive charting package and several technical indicators. These include the majors as well as crosses amongst EURUSD, GBPUSD, GBPJPY, USDJPY, USDCHF, AUD/USD. A ranking system is also in place, evaluating the trading limefx scammers history of the Master Trader with LimeFX.

On the negative side, traders should make sure to check the proposals, as LimeFX entity as an international brand and a Cyprus one offers slightly different conditions. While obviously, LimeFX Cyprus is more trusted the international proposal features more comprehensive tools and conditions along with education and research materials also MT4 availability. The account opening is easy to follow, trading conditions are good, along with the platform selection and a range of instruments offered. There is a very high degree of risk involved in trading securities.

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