LimeFx Review year : Is It a Reliable Forex Broker?

Moreover, any time you experience difficulties, you can easily contact customer support. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. I’ve just started trade with LimeFx and have a plan to get a real account in couple weeks.I’m newbie in trading, but have a profitable trading via demo account. Everything looks fine and I like broker’s conditions, so i decide to make a deposit. The only issue i had was due to using Metatrader 4 trading platform, its mobile version to be exact. The executed order showed up in history book after several seconds and that puzzled me a little, but i think that was because my phone is 7 years old, so gotta test it.

1. Here I have a totally different situation – I practically do not notice any spreads or commissions…There is also one more detail that is very important to me.
2. LimeFx.It’s essential to take the time to learn about the financial markets and understand how they move before diving into trading with LimeFx.
3. All instruments are within just ONE account, it’s remarkable.
4. ForexBrokersOnline.com earns money from affiliation deals with our partners.
5. In general, the older the website the more trustworthy it becomes.
6. Detailed information on the LimeFx trading platforms is available on their website.

Trading Restrictions

Yes, FXC is regulated by Cyprus Securities and Exchange Commission (CySEC) company considered low risks trading broker. We found markers on this website promising an easy way to make a profit. Our experience is that investment opportunities with high returns are also likely to have a very high-risk portfolio. There does not exist a “guaranteed income” or “secure profit”. Please invest time to research this company further before investing your money. Our article “High Risk Financial Investment Scams” can help.

Seamless execution

Depositing funds with LimeFx ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if LimeFx were to go out of business unexpectedly. All payments made to LimeFx by traders are securely held in a segregated bank account. We aim to provide you with all the information in this LimeFx review you need to determine https://limefx.biz/ if LimeFx is the right fit for you. But we don’t stop there – we also offer valuable insights into other great alternatives to LimeFx, so you can make a more informed decision and compare other brokers against LimeFx. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. When I deposited, I got 100% bonus as a gift, love the promos!

What does it mean to have your funds in LimeFx deposited in a Tier 1 bank?

LimeFx is not a scam, it is a regulated broker holding European license ensuring trading safety and client protection, as well as negative balance protection in case of insolvency. Yes, the broker is based on the ECN/ STP trading solution while all orders are routed and matched in the electronically configured network through the liquidity pools of institutional providers and market quotes. Most companies claim the name of their website (aka domain name) for only one year in advance. We consider it a positive sign if a domain name is registered for more than one year in the future. It means that the company intends to do business for a long time.

Deposits & Withdrawals

It also allows the trading of precious metals and energies. Yet, we saw broker offering only FX and CFDs trading through only one trading platform available for the option. On top of that, the broker provides really poor educational resources which is a huge stumbling block for beginners specifically. Here let’s have a look at some alternative brokers that we reviewed. The overall trading environment at LimeFx features a low cost structure and competitive asset selection, . LimeFx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days.

Live Averaged Spreads and Commissions of LimeFx Trading Broker Accounts. The company providing very good spread conditions with Commission $0. The company seems to support payment methods that offer a “money-back guarantee” such as Alipay, Mastercard, Paypal, and Visa. While this money-back guarantee is not 100% secure, it does allow consumers in most cases to get their money back if the product is not delivered or proves to be fake. Investing in oil, gold, foreign currencies and such has always been a high-risk endeavor. This website seems to offer content and possible also services in this area.

However, this amount may vary based on the specific account a user has opened. With the ECN and STP execution methods offered by the platform, traders using LimeFx can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades. My mission with TrustedBrokers is to help you find the right broker for you, whether you’re a beginner or a pro.

So, take a seat, grab a cup of coffee, and dive in to learn about LimeFx and how it can benefit you or if LimeFx is not for you. This detailed LimeFx review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Share Dealing. Compare LimeFx with the top 3 similar brokers that accept traders from your location. However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners. The research tools are available via the company’s blog, which includes daily links to market news from other sources, but little of the in-depth, in-house analysis available from a leading broker in this field like IG.

You will be exposed to a high risk of loss regarding leverage and margin-based trading. The LimeFx phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by LimeFx and found that they could assist us in various languages. The LimeFx team did resolve and answer our queries, limefx broker reviews but the email support from LimeFx was overall average compared to other brokers we have tested. In addition, we tested LimeFx support services in various countries and languages and found that LimeFx were able to effectively resolve our customer issues. Explore the LimeFx platform and train yourself to think systematically and logically about the markets.

Users will like their experience with this broker because it charges very few fees. There are no commission fees, nor is there a minimum deposit, and spreads start at 0.0 pips for some assets. These cost-saving features, combined with the 24/5 customer service, make “user experience” high on the LimeFx priority list. LimeFx supports the top MT4 trading platform and mobile app. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty.

Whether your new or an experienced trader, a risk-free demo account is a great way to experience the benefits of ECN trading with LimeFx. You can practice your forex trading skills or test new strategies without making a financial commitment. LimeFx’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LimeFx is behind the competition here. LimeFx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing.