LimeFx Forex Broker Review and Rating 2024 Detailed LimeFx information with traders reviews for 12 July 2024
Traders should always review the terms and conditions to understand all applicable fees. MetaTrader 5 platform (MT5) is a step up from MT4, delivering more advanced capabilities and tools. It is ideal for traders seeking a multi-asset platform that allows them to trade Forex, equities, and commodities. The deposit and withdrawal options offered by this broker are fairly limited, but it’s still enough of a selection for the majority of traders. With its demo learning account, users compete in a weekly contest in which beginners are able to earn real cash up to $1000.
Features Offering Competitive Edge
Once the applicant’s email has been confirmed, they will be directed to the LimeFx website to fill in their details. The information provided by the applicant must be accurate, relevant, and up-to-date. https://limefx.vip/ After all the required details have been completed and submitted, a confirmation email will be sent to the applicant’s account. A Trader has to deposit at least USD 50 to earn a deposit of USD 25.
You’re our first priority.Every time.
They prioritize the safety of funds by segregating client funds from the company’s operational funds. Client funds are held in reputable banks, providing an added layer of security. Additionally, LimeFxFX uses advanced encryption technologies to protect financial transactions and sensitive information, further enhancing the safety of funds. For this reason, the balance sheets of the broker and those of its customers are maintained completely distinct from one another.
- It’s very simple to enter buy and sell orders, as well as set stop-losses, you can even use Expert Advisors (EAs) for automated trading.
- If you are outside the EU, then you will have access to the MT4 Micro account type.
- Additionally, LimeFx offers impressive customer support to assuage any potential challenges traders might face.
- Traders may make deposits by logging into their Personal Area accounts and selecting the “Deposit” option from the dashboard menu.
- In ZAR this is ≈ R480 if you are using bank transfer to add funds to your account.
LimeFx Customer Reviews
If you are an absolute beginner and looking for some more guidance along the way, LimeFx have lots of good educational content as well. I feel that the platforms should have more than enough tools for most of you to get by. You can also find loads more of free and paid add-ons to further enhance their capabilities. There are programming interfaces if you wish to build your own tools or you could hire someone to do it for you if your coding skills are limited.
With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. The cost savings from the overall pricing environment alone make LimeFx a broker to consider.
Various drawing tools, from trend lines to Fibonacci retracements, are also available. Trading costs such as spreads are clearly explained on the Spreads and Conditions page. To read the fine print, traders can find the Customer Agreement in the footer of the website. limefx company reviews The About Us page does a good job of sharing the company’s mission and history through a series of milestones over the years. For example, LimeFx clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC).
Other than bank payments, the other options are wallets (Skrill & Neteller). You need to make a minimum deposit of $50 if you choose this method, and you can withdraw a minimum amount of $5. Unlike many other brokers, the bonus at LimeFx can be withdrawn once you meet the specified trading requirements of number of lots traded.
There is one very interesting feature with both these accounts and it’s not something we have exactly seen before. LimeFxFX has no swaps – yes you read that right, none, zip, zero, zilch. This means you can hold your position overnight (after New York markets close) for as long as you wish without needing to concern yourself with any rolling feels. LimeFxFX’s user-friendly platform and accurate market analysis make trading efficient and effective. Yes, LimeFx is a secure broker since recognized financial authorities authorize it, use modern encryption technology, and keeps segregated customer accounts to protect cash and personal information.
As stated on their website, over 21 million trading accounts have been opened across 180 countries with LimeFx. LimeFx stands out with several unique features designed to enhance the trading experience and provide insights into market trends. LimeFx requires a minimum deposit of only $25, lowering the entry barrier for many traders. All is good From registration to account opening , deposit process is smooth.I suggest LimeFx if they introduce pro cents or standard cents account for small traders. The minimum deposit required to start trading with LimeFxFX is $25.
The LimeFxFX platform is essentially a white-label licensed version of MT5. If branding consistency is important to you, feel free to use it. The main advantage of this platform is easier sign up and less hassle when making deposits and withdrawals. The MT4 platform has ultra-intuitive charting options and all the most common technical indicators.
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