We can tell you that LimeFxFX has segregated accounts, which is the minimum you would expect to see from a broker as you don’t want them to be able to access your funds. They also claim to have highly skilled security engineers and technical specialists to ensure your data is safe. Since the broker has no swaps for all trading accounts as a default, there is no need to have a special Islamic swap-free trading account. While LimeFx presents several commendable features, it’s essential to carry out your own thorough research before deciding to trade with them. The suitability of a broker is largely dependent on individual trading preferences and goals.
Trading Tools and Analytics
We are thrilled to hear that you found our service to be great and that your overall experience was smooth. Rest assured, we remain committed to maintaining the high standard of service that you have come to expect from us. Additionally, we are glad to hear that you appreciate our bonuses, and we are constantly working on providing our clients with even more attractive offers and promotions.
Who will Benefit from Trading with LimeFx?
You can choose from the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms. These are amongst the best trading platforms available for online trading that you will find anywhere. I think they are ideal for anyone who is looking to trade manually or run automated systems. They are all relatively easy to use but also capable of performing complex analysis and order management.
What are the typical spreads offered by LimeFx?
Since LimeFxFX is offering three different types of platforms, that is, MetaTrader 4, MetaTrader 5, and cTrader, the conditions of commissions and costs vary depending upon the account. The cTrader trading platform is designed specially for electronic communication networks ECNs, and offers direct STP access to currency trading markets. STP (Straight-through processing) is basically done through electronic transfers. With cTrader, users can trade directly with prominent banks globally.
- The broker offers 6 different asset classes and low-cost trading through an automated dealing desk protocol.
- LimeFxFx boasts of a spread floating, starting from as low as 0.6pips.
- Despite filling orders at once, it does not compromise on the quality.
- Securities and Exchange Commission (SEC) in January 2024 triggered a substantial rise in the bitcoin price.
What Leverage Does LimeFxFX Offer?
An STP or ECN execution model is thought to offer the lowest spreads on the market (depending on the liquidity providers being used) since the broker earns more through higher trading volumes than the spread cost. You will also find this model has the advantage of no requests and very few rejections since market rather than instant execution is being used. LimeFx extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the LimeFxTrader account. All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. The promo codes, according to their customer support, is a unique offer for some new clients.
These indices allow traders to speculate on the performance of the constituent companies, offering a diversified exposure compared to trading individual stocks. Index trading revolves around shares issued by thousands of companies, each traded on the stock market. These companies are categorized based on various factors like industry, region, and the exchange on which they are listed. Financial entities formulate indices by analyzing stock prices to assess market performance effectively, allowing traders to have a broad view of the market’s health and direction. Embark on a journey through the financial markets with our range of the top 10 sought-after indices. Indices trading is a powerful way to understand the market’s pulse and diversify your portfolio.
Other Trading Platforms
LimeFx also offers a copy trading platform free for all accounts, allowing beginners to copy the trades of more experienced, successful traders for a small fee per traded lot. Beginners simply find the Strategy limefx review Providers they want to follow and click “Copy.” Their positions will be copied automatically. LimeFx is an international brokerage, and we have welcomed clients from all over the globe since 2011.
LimeFx’s MetaTrader 4 platform is well-known for its dependability and full capabilities. MT4 provides comprehensive technical analysis tools, a user-friendly interface, and automated trading capabilities via Expert Advisors (EAs) for South African traders. This user-friendly tool caters to beginner and experienced traders, allowing for continuous returns by replicating proven tactics. It also functions as an educational hub, allowing traders to gain insights from successful tactics, thus improving their trading abilities and expertise. LimeFx’s trading accounts have been carefully designed to adhere to these criteria. This eliminates the need to separate a live trading account from an Islamic account.
The broker also maintains a comprehensive FAQ section on its website, providing in-depth information on common queries related to trading, account management, deposits, and withdrawals. The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security. On LimeFxFx, customers can withdraw funds from their trading accounts using the same ways they deposited.
LimeFx’s mobile trading support is good compared to other brokers, with the MT4 and MT5 mobile versions available and the LimeFx trading app. Especially for Filipino traders, LimeFx offers clients the chance to make an initial deposit at the fixed rate of 100 USD. Overall, while LimeFx does not charge commissions for deposits or withdrawals, the range of payment options is limited, accounts can only be denominated in EUR or https://limefx.club/ USD, and funds cannot be withdrawn to Mastercards. Overall, LimeFx has fewer instruments for trading than most other brokers but offers all the major asset classes. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
You can set SMS price alerts and app notifications of market movers. The application also permits full account management including live deposits and withdrawals and copy trading services. The broker only offers a spread-only account with spreads from 0.6 pips, if you are hoping for RAW spreads then you will need to look at other brokers. To trade you can choose between MetaTrader 4 and MetaTrader 5 trading platforms, both platforms are excellent options but many brokers in the market offer these options. The social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by LimeFxFx. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds.
Ensuring prompt and efficient service is a cornerstone of our commitment to our customers. We’re also pleased that you found our swap-free account option beneficial and transparent, without any hidden costs. At Oca, transparency and fairness are integral to our business practices.Regarding your feedback on expanding our range of trading pairs to include ETFs and similar assets, we appreciate your suggestion. We continuously strive to enhance our offerings to meet the diverse needs of our clients, and your input helps us in this endeavor.
Secondly, LimeFx has a limited range of financial instruments, although, in October 2022, it added a range of equities to its offering. The educational materials available at LimeFx are more comprehensive and in-depth than what is available at other brokers, but it is more geared toward beginners than experienced traders. The educational material at LimeFx and its alternative website is good but focused on new traders; for more experienced traders, there is little in the way of educational support. Customer support is competitive but where LimeFx really shines is in the research and market analysis available.
Overall, the broker has plenty of tools for everyone to see some benefit. The trading calculator will quickly calculate the costs for opening a position of a specific size and leverage. This can help to prepare trades if you are in a rush or just not that good at maths. LimeFx Markets Cyprus Ltd does not offer its services to residents of the USA, Canada, Belgium, and the UK, as well as other jurisdictions outside the European Union.
Yes, LimeFx’s account types, which include MetaTrader 4, and MetaTrader 5, allow you to trade in 30 different cryptocurrencies. In addition to digital security measures, LimeFx follows strict financial security requirements by keeping customer cash separate from the company’s operating resources. Thanks to its compelling value proposition, its widespread acclaim among traders from all walks of life – ranging from fledgling novices to veteran professionals- encompasses an extensive suite of trading products. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I have traded for while with this broker and I really like it but if you can improve it’s better the spreed. LimeFx is an up-and-coming broker that has been in operation for nearly 10 years.
Your satisfaction is our priority, and we’re committed to providing efficient withdrawal services and ensuring the best user experience possible. Don’t forget to explore our Invite a Friend program to earn commissions by referring your friends to LimeFx.Join our social media platforms to stay updated on our latest news and promotions. If you have any further questions or need assistance, feel free to reach out to us via live chat or email at We’re here to help you every step of the way.Kind regards,LimeFx Rep. Dear Roland B.,Thank you for your feedback and for sharing your experience with our LimeFx Trading platform.
While comprehensive information is limited, interested individuals may want to explore further to assess if this broker aligns with their trading requirements and objectives. XTB is the undisputed leader in the FX trading market for the best market research and trading education, with traders getting access to more than 2100 global markets. Overall, LimeFx offers a good range of trading tools, including Autochartist, one of the best technical analysis tools in the industry.
Live chats and email () are the two ways you may get in touch with us if you need any more details or have any queries. We are here for you around the clock and anxiously anticipate your response.Kind regards,LimeFx Rep. We really appreciate you taking the time to leave us feedback, and we’re thrilled that you find our platform useful. We are delighted to have met your expectations because your satisfaction is our first priority. Every client at LimeFx receives the best possible service, and hearing that we’ve been successful in this endeavour always makes us very happy.
