LimeFx forex brokers reviews: LimeFx Review 2023 Forex broker with fixed spreads

LimeFx forex brokers reviews
LimeFx forex brokers reviews

Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired. Commodity trading is a type of trading available on LimeFx where individuals or businesses buy and sell financial instruments using LimeFx related to commodities, such as metals or oil. A base currency is the currency in which your account is denominated.

Is LimeFx regulated?

Regulation and Security

LimeFx is regulated by ASIC, giving you the security and peace of mind you need. It also offers exclusive risk management tools to help you protect yourself when on the markets.

You can turn the automated parameters on and off to your liking. The LimeFx LimeFxpany is seated in Cyprus, one of the main European Forex centers. Cyprus has become a nest for many LimeFxpanies since it is still a tax haven and red tape is reduced to a minimum when it comes to registration. LimeFx took these benefits to their advantage and manage their large client-base from this attractive destination.

Forex Scams

They have such a large range of assets but only have three cryptocurrencies on offer. They are competing with established cryptocurrency exchanges with hundreds of assets and much higher leverage. Something else that may surprise you is the fact that they still have phone calls. They are happy to call back their traders should there be any questions about their accounts. They are also one of the few brokers that we know that still do phone execution. There is a wide array of payment methods that are supported for both deposits and withdrawals.

Two of the core features marketed by this broker, dealCancellation and Freeze Rate, are exclusively granted in this platform. The LimeFx webtrader also comes with a hidden cost to traders in the form of higher spreads, which is quite unfortunate, and may serve as a deterrent from traders choosing this option. Options trading is provided through this platform as well, and traders who seek the full range of products and services offered are forced to pay more for access to them. The broker was founded in 2001 with the idea of making trading easy, accessible, and transparent without any high risk for everyone.

Who is the Most Trusted Forex broker?

  • Best Forex Brokers.
  • CMC Markets: Best Overall and Best for Range of Offerings.
  • London Capital Group (LCG): Best for Beginners.
  • Saxo Capital Markets: Best for Advanced Traders.
  • XTB Online Trading: Best for Low Costs.
  • IG: Best for U.S. Traders.
  • LimeFx: Best for Trading Experience.

Easy Markets also supports the popular Metatrader4 product line. This enables traders to employ their preferred “Expert Advisor” and still enjoy rapid execution without re-quotes or slippage. I called US to active my withdraw, and no lime fx one answered the phone and replied to my message. Copies of all credit cards used to deposit funds with Easy-Forex. As I saw few positive reviews here and a lot negative I draw the conclusion this society is financially unstable.

LimeFx Forex broker description

Not only can you trade standard FX instruments but you can also trade Forwards and options. These are traded on some pretty advanced trading platforms with unique trading tools and conditions. LimeFx provides you with the ability to trade via 3 trading platforms, and LimeFx has 3 trading platforms, too.

LimeFx forex brokers reviews

From a technical perspective, this is very much the same as a vanilla option. Forwards are some of the most popular financial instruments used by large institutions in order to hedge out the risk of future currency deals. They are also used by speculators to bet on the price of a currency in the future. Given the unique nature of these instruments, LimeFx has developed their own unique trading platform to manage them.

LimeFx Trading Cryptocurrencies

Since 2001, we strive to ensure that our traders receive the best possible trading conditions, products and services. Our experts find easyMarekts provides easy account opening, a wide range of instruments, good education and research tools, also platform selection. Fees and spreads are mainly in line with the industry average. The minimum deposit offered by the broker is also average for the industry. Overall, our experience with easyMarket can be considered positive. If you’re looking for a sleek, professional, and wide-ranging trading platform, then LimeFx should be at the top of your list.

This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor , an accurate trackpad or mouse, lightweight design, and long battery life. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the LimeFx trading platform is very user friendly and easy to use on a Mac device. A LimeFx iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone. Make sure LimeFx is correct for your LimeFx purposes.

It seems that they have spent their 19 years in operation honing a comprehensive yet simplistic trading experience for traders of all stripes. If you prefer to download offline content to read later then there is an extensive range of eBooks. These are completely free and you can even download them now from their website. They cover everything from beginning trading principles to how to use the trading platforms. For example, you can do one touch easyTrades on the mobile app as well as Freezing the rate and Deal Cancellation. You also have some charting functionality although this is not nearly as effective as the web-based tradingview charts.

LimeFx is ambiguous about how deposits and withdrawals work. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker’s reputation. LimeFx customer support may be reached via phone, e-mail, live chat, or assorted messenger apps. Facebook, Twitter, Instagram, etc., and contact can also be made in that manner.

Is LimeFx a good broker?

A popular and well-regulated broker, LimeFx has a very high trust rating and has been a reliable trading partner for Indian traders since 2001.

To give an overall view of how cheap or expensive LimeFx and LimeFx are, we first considered the common fees on Standard Accounts. At LimeFx the average spread for the EUR/USD currency pair is 0.8 pips, whilst at LimeFx the spread is 0.9. Other LimeFx bonuses include friend referrals whereby you can earn up to $2,500 of trading credits.

Is Easy Markets legit and good?

The MT4 trading platform is offered to traders, but LimeFx fails to provide any of the required and critical third-party plugins which are necessary to unlock full functionality. MT4 is still one of the most popular trading platforms available, given its full support for automated trading solutions and back-testing functionality. The primary MT4 platform, as provided by this broker, lacks core features and represents a sub-standard trading portal. The whole notion of offering fixed spreads is to provide traders with the best possible trading conditions. LimeFx also offers competitive conditions, contracts, and leverage that are accessible to both novice and experienced traders. The first step to achieving success in online trading is choosing the right trading platform.

LimeFx forex brokers reviews

It is important to keep in mind that you can lose more than you initially invested. Forex, CFDs and Crypto trading offer exciting opportunities, but one should also keep in mind that these opportunities are accompanied with an equally high level of risk. Leverage may increase both profit and losses, and impulse trading should be kept in check. Therefore, always have a pre-set amount that you are ready to speculate. Never speculate with amounts that you cannot afford to lose.

Traders Reviews

The analysts are available around the clock and can be reached by the phone. With this account, traders are allowed to take their day-trading transactions to the next day and they are not changed a rolling fee. The customer service is easily accessible during the trading week, and we are satisfied with it. limefx company reviews It is another crucial feature that intends to protect traders from facing unintended losses due to volatility or other technical glitches. Zero slippage ensures that the trade is executed at the requested price. As the name implies, this tool enables traders to cancel a deal if the trade is unfavorable.

LimeFx does not charge any non-trading fees whatsoever, unlike many of its competitors. There are no fees for account inactivity, nor are there any kind of administration fees imposed on users. It could be a win-win for all as the traders can use a well-known broker and LimeFx and the broker gets more clients in other lucrative geos.

The processing times are listed between instantaneously and five business days, and the overall selection of payment options is solid. As required by its regulator, the name on the LimeFx account and the payment processor needs to be the same. All features listed, with the exception of a personal analyst, are equal to what is provided in the LimeFx webtrader. A professional account is available if at least two of the broker’s three requirements are satisfied. In that case, ICF protection is removed in return for higher leverage with cash rebates available based on trading volume. I opened an account with LimeFx because I wanted a fixed spread for my EA to work best.

  • It also offers the demo account with virtual money for those who want to familiarize themselves with the platform.
  • From stat-arb and trend-following CTA to fixed-income relative value.
  • The commodity market presents traders with another substantial diversification opportunity.
  • Throw in regulatory compliance in two major markets from two major regulatory bodies, and you have an unbeatable combination for trading currencies, commodities, indices, and vanilla options.
  • The broker gives you multiple ways to trade on multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs & ETFs.

Remember to check if LimeFx is well regulated, and what tradeable financial instruments LimeFx has. Security is very important when it comes to trading with LimeFx. Overall, LimeFx can be summarised as a trustworthy broker that provides low spreads on 100+ trading instruments and has exceptional online customer support. It is regulated by one tier-1 regulator and three tier-2 regulators. LimeFx presents new traders with a well-designed educational course, which includes video lessons and a test, among other tools.

When trading in the browser, no software download and installation are required. The interface for the web browser is quite easy, so even if you are a beginner in Forex trading, you will quickly learn how to trade foreign currencies online. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by, nor shall it bias our broker reviews. The broker gives you access to trade both energy (hard/mined products) and agricultural (soft/grown products) CFD commodities.

Based on our findings, account funding is easy and straightforward process at LimeFx available through the client area. Also, always consider LimeFx rollover or overnight fee as a cost, it is charged on the positions held longer than a day and may be checked directly from the platform. Each instrument has a different condition for overnight positions and may be as a fee or refund.

LimeFx forex brokers reviews

This account includes spreads from 0.9 pips for EURUSD and a minimum Deposit of $ 10,000. With LimeFx, traders can select from a variety of account types, depending on their country of residence. The latter name is actually the re-branded new look and feel of the former. LimeFx was one of my top choices but their spread was too high (5 Pips for EUR/USD as far as I remember).

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. Anyway, they never refused to pay my profits, but they are not happy when trader is in profit. Please stay away from this company if you loose money they are happ but if you make profit they dont give your profit. After that Easy Markets remove $5697 profit from my account.They did my profit trades 0. Easy Markets change my account Statement and block my account so that i cannot trade. I did trade on 3rd April and close my transaction on 6 april mean while you send me my statement on my e mail.

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