For more experienced traders looking to put their trading theories to the test, this account type is excellent. Hi Zillahna,We are genuinely sorry to hear about your frustrations and want to address your concerns directly. At LimeFx, we are committed to transparency and integrity, and such serious accusations are taken very seriously.It appears there might be a misunderstanding or issue that needs to be resolved.
- If you need any assistance or have questions, we’re here to help!
- Furthermore, LimeFx incorporates MT4 Multiterminal for account managers.
- It is available in more than 25 languages, catering to the needs of clients from worldwide.
- LimeFx Group aims to give its clients the best possible trading circumstances.
- They earn from spread variations influenced by market conditions, liquidity, and currency pairs.
Review and test of the LimeFx trading platform
Of course, not all brokers offer the same type or number of assets. Some specialize in foreign exchange (forex) trading; while others focus on stocks, options, or other securities. Investor protection is important because it provides confidence to potential investors that their money is safe and protected.
Trusted Broker Reviews
LimeFx provides Kenyan traders with a broad choice of incentives and promotions to entice new traders to join the platform, as well as to reward existing clients and traders who remain active. 👉 Commissions are charged when Kenyan traders register and use the Shares Account. The typical commission charges on this account range from $1 up to $9 according to the individual shares that are being traded and the underlying exchange. The LimeFx Android and iOS MT4 combine excellent charting with a wide range of sophisticated trading tools and several other advanced features to make it easier for traders to trade on the move.
FXPro Islamic Account
The company uses transactional volume to determine the commission rate. Share trading comes for a minimum of 0.10% charge in the UK, and Germany whereas the broker charges 0.04$ commission per share besides the $1 commission on each transaction. I believe that LimeFx Group understands that clients want fair and transparent trading conditions with the lowest possible spreads and fastest possible execution. This combined with strong regulation and a human approach, makes LimeFx Group one of the best trading brokers available to traders worldwide.
Also, the most popular forex currency pairs tend to move the most and thus provide ample opportunities for all different trading styles – whether forex scalping, range trading or trend trading. LimeFx’s Ultra Low Micro Account is geared toward cent trading and testing the performance of newly created trading algorithms. The Ultra Low Standard account accommodates casual trading, while the LimeFx Zero Accounts offer the best conditions against the same minimum deposit. LimeFx provides 24/5 customer support via online chat, phone, and email. It is available in more than 25 languages, catering to the needs of clients from worldwide.
Demo Accounts
To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders. LimeFx may charge overnight financing fees for holding CFD positions overnight. These fees can vary depending on limefx review the instrument and market conditions. LimeFx offers a transparent fee structure that traders can consider when evaluating their trading costs. When it comes to data protection, LimeFx broker does not disclose users’ private information and strives to provide them with the best possible trading conditions.
Our team also didn’t uncover reports of major scams or safety issues during their research. Other reassuring signs for us are the multiple industry awards and accolades. These are all promising signs for us that LimeFx.com is a trustworthy broker. There is also a help center with useful information on common problems, including withdrawal issues, account validation queries, and software download problems.
It caters to a global audience by providing diverse base currency options such as USD, EUR, and GBP. The leverage ratio adjusts according to the account balance, offering flexibility and a controlled environment for risk management. This is an excellent choice for new traders entering the forex markets with a small initial commitment. This account is designed to facilitate trading in smaller lot sizes, with lots consisting of 1,000 units of the base currency, much smaller than the typical 100,000 units.
Their platform is easy to navigate, and their customer support is always ready to assist. LimeFx offers a comprehensive range of trading instruments and an easy-to-use platform. Their educational resources have significantly improved my trading skills.
The broker is globally available and allows traders to buy and sell various financial assets including forex, crypto, metals, and CFDs. LimeFx is regulated by the Financial Services Commission, Australian Securities https://limefx.club/ and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Its users have access to both MT4 and MT5 platforms in addition to low trading and withdrawal fees.
The mobile trading apps are especially useful if you need to access your trading account whilst on the go from anywhere in the world provided that you have an internet connection. This review of LimeFx is grounded in CompareForexBrokers’ comprehensive and methodical approach. LimeFx, a market maker, offers diverse account options including Micro, Standard, Ultra Low, and Zero Accounts. This review delves into the benefits of each account type, alongside LimeFx’s trading platforms, extensive range of CFDs, and low minimum deposit requirements. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
This makes it easy to run your account and trades in a convenient currency. LimeFx offers a good selection of secure and low-cost deposit options. I can fund my account with wire transfer, Visa and Mastercard credit/debit cards, and popular e-wallets, including Apple Pay, Google Pay, Skrill, and Neteller. In addition, it is one of the few brokers we have reviewed that allows clients to open up to 8 accounts, allowing users to benefit from the perks of different solutions. While using LimeFx, we were particularly impressed with the turbo stocks, which offer highly leveraged trading on a handful of popular shares.
I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. LimeFx Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.
The news about the new platform quickly spread around the world, MetaTrader 4 became the de facto standard in Forex trading and provided millions of traders with a reliable working tool. While LimeFx’s raw spreads account offers favorable prices, its other two account types have above-average trading costs. Another con of LimeFx is the absence of cryptocurrencies and lower-risk securities like ETFs and bonds. The broker has issued a ‘best execution policy,’ a legal mandate that requires brokers to deliver the most optimal price quotes under the prevailing market conditions. It also has a strict Client Categorization policy, which determines the best services for a trader based on their experience level.
The broker also releases highly insightful webinars several times a week. They cover a wide spectrum of topics related to technical analysis, fundamental analysis, and the psychology of trading. LimeFx shines in its extensive share CFDs offering that includes stocks of companies from all over the world. The broker also offers thematic indices, which can be used to diversify one’s market exposure.
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. Here at Forexbrokers.net, we take pride in helping our readers find the best possible financial service providers and avoid fraudsters. We have a team of experienced professionals dedicated to providing accurate and up-to-date information. Our reviews are unbiased and comprehensive, and we always look for new brokers and products. If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200.