Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. LimeFx is regulated by multiple financial bodies, including the ASIC and CySEC. As a whole LimeFx is a trusted broker that https://limefx.biz/ has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service.
Customer Reviews
Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The LimeFx economic calendar can keep you up to date with the latest news releases which can be filtered according to the currency pairs, dates and impact relevant to your trading. The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market. The management team have hosted hundreds of seminars in over 120 cities to educate traders.
Does LimeFx Offer A Reliable Trading App?
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). I like how they have a best execution policy to provide the most favourable trading conditions to traders. Collaboration with a range of liquidity providers mean that they can offer some of the lowest spreads with plenty of liquidity at all times.
Don’t credit funds on top their high spread
- There’s also a dedicated stock market analysis section on the broker’s website.
- Sometimes I can go through hundreds before finding something that I will implement into my day trading activities.
- Traders are provided with ‘SmartRouting’ technology which searches for the best market prices, ensuring that the orders of traders are executed swiftly at the best possible prices.
- This category includes the most traded currency pairs and they always include the USD on one side.
The indices CFDs offered for trading on the LimeFx platform include cash and futures equity indices. LimeFx’s forex fees are average and you can also expect to pay an inactivity fee if your account is dormant for more than 90 days. LimeFx is an online broker for trading on forex with a strict no limefx re-quotes and no rejections policy. 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 TradingBrokers.com, nor shall it bias our broker reviews.
Forex Risk Disclaimer
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. I think it is important to conduct some form of fundamental analysis, rather than relying solely on market analysis with technical indicators.
How To Place A Trade
The primary difference between MT4 and MT5 is that MT4 is predominantly a forex trading platform, while MT5 is a multi-asset trading platform. This means that MT5 offers not only FX but also trading in stocks, stock indices and precious metals. A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies. To gain access to any of the LimeFx trading platforms, you will need to have a demo or a live trading account.
An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. In this role, the CFTC aims to uphold market integrity, implement efficient regulations for market participants, and reduce the potential for fraud. The CFTC is a federal regulatory agency that was established by Congress in 1974 with jurisdiction over the commodity futures (derivatives) markets.
If you are looking for a platform that is easy and straightforward to use and that looks after their users, LimeFx could be the right option for you. As they are reliant on MetaTrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000.
IG offers a wide range of asset classes beyond forex trading, and consistently ranks at the top of nearly all of the categories we factor into our forex broker reviews. Read our full-length review of IG to learn why we consider IG to be the top choice for U.S. forex traders. Hugo’s Way is a STP and ECN broker which is based in Saint Vincent and the Grenadines. Hugo’s Way offers traders from around the world with a variety of forex and CFD instruments which can be traded through a powerful and innovative trading platform namely MetaTrader 4. ProsperityFX was founded in 2024 and is a broker that is headquartered in Saint Vincent and the Grenadines. ProsperityFX offers traders from around the world with the trade in a variety of financial instruments including forex, cryptocurrencies, indices, energies, metals, and stocks.
Also, traders with demo accounts can make use of LimeFx’s 24/5 support and all the broker’s educational materials. Demo accounts have all the features and functions of a real account, including the speed of execution. Traders have access to $100,000 in virtual trading funds with real-time data and analytic tools. Traders can choose forex or multi-asset options when opening their accounts. A multi-asset account allows trading forex as well as CFDs on the MT5 trading platform.
When it comes to withdrawing from LimeFx, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place. All of the usual forms of deposit and withdrawal are available with LimeFx, such as Neteller Moneybookers, debit and credit cards and Skrill.
When you contact support, they keep referring you from one point to the other. Everything else from deposit to withdrawal is nothing to write home about. Since Thursday, the 9th of May 2024 I’ve been sending one mail after the other to support for withdrawal, and still nothing has changed. Hi Deboss,We’re delighted to hear about your positive experience with our support team, especially with Omer!
LimeFx offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities. The LimeFx research and education section offers a very detailed library of educational materials for traders. These include market reviews, stock market news, forex news, investment-themed articles, technical analysis, videos, and a learning center where webinars, seminars, and video tutorials are presented.
To guarantee the safety and security of its clients, LimeFx has adopted numerous regulatory guidelines over the past few years. These regulations are aimed at ensuring that every single client of the broker has the opportunity to ensure the safety and security of their funds, while also enjoying high-quality trading services. In forex trading, exotic pairs or exotics refers to currency pairs that include a major currency paired with the currency of a smaller or emerging economy. Exotic pairs tend to be traded less frequently, in comparison to majors. In forex trading, some currency pairs are nicknamed majors (major pairs). This category includes the most traded currency pairs and they always include the USD on one side.
This means that you can enjoy trading all of your favourite strategies and preference of financial markets without any hassle. LimeFx offers mobile trading for all its trading platforms, and our clients can download the matching application of their platform of choice for both Apple and Android devices. Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account. With a wide range of trading instruments available from a single multi asset platform LimeFx makes trading easier and efficient.
Nadex is the largest binary options exchange in the United States, offering traders with a variety of flexible trading opportunities in forex, commodities, and stock indices. FXGlory was established in 2011 and is a UAE-based Market Maker broker offering traders from around the world with comprehensive trading solutions and services. FXGlory grants traders the trade in a variety of forex and CFD instruments and the use of Metatrader 4 through which trades can be executed seamlessly.