LimeFx Review 2024: Read Before You Trade

This is in recognition of the high standard of services provided by the platform. If you trade using MT4, your webtrading will be done on limefx forex brokers reviews the LimeFx MT4 webtrading platform. Once you have provided your personal information, you will be required to choose a trading platform.

How To Withdraw Funds From LimeFx

Overall, LimeFx’s account offerings exhibit versatility and inclusivity, catering to a wide range of traders’ preferences and needs. Traders can have confidence knowing that their investments are protected and that they are trading with a broker that operates under the supervision of respected regulatory bodies. 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. Dear Nhut Le Hoai,We are sorry you did not have the great experience we try to give all of our clients and we would like to know more about your experience with LimeFx.

Personal Account Manager

LimeFx generates revenue through spreads, trading commissions, overnight fees, dividend withholding fees, inactivity fees and B-Book execution policies. The LimeFx ultra low account is an account type that features spread mark-up starting from 0,6 pips (40% cheaper than the industry standard of 1 pip). The LimeFx Demo account is a trading account designed to allow traders to try LimeFx without risk with virtual money. LimeFx protects its clients’ funds through the use of segregated bank accounts, which keeps client money separate from the company’s own funds. LimeFx is a large and well regarded company with some good offers and is well regulated so you can feel safe when choosing this broker to trade with.

How does LimeFx make money?

1. Yes, based on your detected country of FI, you can open an account with this broker.
2. Flexible account types, rich educational resources, and round-the-clock customer service make it a value-for-money broker.
3. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
4. The mission of the LimeFx Foundation is making a positive difference to people and assist them with achieving their potential.
5. Some brokers use this type of account, in which they transfer the interest charge to a different fee.

Hello Gomti, We regret to hear about your negative experience. LimeFx is committed to providing a transparent and fair trading environment. We take allegations of high charges and trading issues seriously. Please respond to our "Find Reviewer" request on Trustpilot with your account details so we can investigate and address your concerns thoroughly.LimeFx Team 🚀BIG. LimeFx have really cooperative and good support team .I appreciate of them .Instant withdrawal.fast trade execution.very nice .

With this account type you will be able to trade with nano lots, however it’s not available ASIC, DFSA, FSC. The LimeFx Micro account is tailored for traders who prefer to trade with smaller lot sizing. For more information about the LimeFx demo account and its features, read our dedicated article. LimeFx allows traders to deposit and withdraw money through wire transfer, credit and debit cards and eWallets such as Neteller and Skrill. The only exception is for wire transfers, where LimeFx covers deposit fees only for transactions over $200.

Table of Content

While LimeFx provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience. When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded. LimeFx may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days).

If you have a complex query, our tip is to skip the bot assistant by typing ‘human’. A number of other brokers also offer proprietary desktop platforms that are beginner-friendly, whereas LimeFx only offers the MetaTrader suite. While using LimeFx, we https://limefx.biz/ were particularly impressed with the turbo stocks, which offer highly leveraged trading on a handful of popular shares. The availability of fractional shares is also a bonus, allowing traders on a budget to speculate on high-value stocks.

A trader’s confidence can be boosted by listening to LimeFx’s trading podcast, which features informative and insightful interviews with successful traders. There is no better market commentary available than what you’ll see on LimeFx TV regarding various financial issues. LimeFx offers great research and educational facilities for clients to learn and grow. Market overview, LimeFx Research, Newsfeed, Trade Ideas, Economic Calendar, Technical Summaries, LimeFx TV, and Podcast are just some of the subheadings you’ll find under the Research area. On the other hand, educational videos, online webinars and tutorial guides make the educational section look quite promising.

We recommend the Micro account for beginners – it offers nano lots and access to a huge range of markets. The Standard account is a good option for a range of traders with a straightforward sign-up process and competitive trading conditions. We were particularly impressed with the Ultra Low/Zero account – this is best for traders looking for the tightest spreads with a low commission. In this review of LimeFx, we share the key findings from our tests. We evaluate, compare and rate the forex and CFD broker in key areas, from its investment offering, trading fees and accounts to its platforms, research, education and customer support.

They are also up there with LimeFx in terms of trading conditions. LimeFx offers great customer service, which is currently available in over 20 languages. If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200. On average, it takes one to two business days for the funds to arrive. LimeFx has a great mobile trading platform, which is offered on MT4 and MT5. The platform is highly user-friendly and provides a great search option.

The broker also doesn’t charge any deposit or withdrawal fees, while third-party bank charges will be reimbursed on international wire transfers over $200. LimeFx offers a choice of accounts to suit different trading styles, budgets and experience levels. European and UK clients, for example, can access the Ultra Low Micro, Ultra Low Standard or LimeFx Zero accounts. Global clients, on the other hand, can open a Micro, Standard, or LimeFx Ultra Low account.

First, there is negative balance protection, which means that even if markets move rapidly against your trades, your account will not be negative. LimeFx does this to protect clients from highly volatile market conditions, such as news releases. Deposits and withdrawals are essential parts of trading on a brokerage platform.

LimeFx services are available all across the globe except for a few jurisdictions, such as Iran, Somalia, Afghanistan, North Korea, Canada and the United States. In our rating, LimeFx received a high score in the Education category due to solid support via forex webinars available in 19 languages. There is also a separate trading ideas section, which is supplemented by technical summaries. CFD Leverage allows you to avoid paying the full value of the position. Instead, you pay a deposit, which is called margin, while the remaining funds are borrowed. Different types of expiration are available for all pending orders, including GTC (good-till-cancel), Today, Specified, and Specified Day.