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LimeFX reviews

The minimum withdrawal amount is 10 USD or EUR, with a maximum of 2,000 USD or EUR. Paypaid allows withdrawals in THB, with a 2% commission fee and minimum and maximum amounts of 10 THB and 10,000,000 THB, respectively. WebMoney withdrawals are available in USD, with a commission fee of 0.8% and minimum and maximum amounts of 1.01 USD and 1,000,000 USD.

Moreover, the broker invites beginners to try their hand at the LimeFX demo account to learn all the trading nuances. This is a great opportunity to gain knowledge by practising risk-free trading. The brokerage is regulated by the Financial Conduct Authority (FCA) and offers negative balance protection and segregated client funds in top-tier banks. Additionally, investors benefit from access to FSCS compensation in the event of broker insolvency. The broker offers a one-click trading & Level 2 plugin for free download. The tool gives traders access to the best possible pricing, with single-click execution.

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LimeFX reviews

When we registered for the profile, it took less than two minutes. The minimum withdrawal for bank wire transfer is 50 GBP, USD, or EUR, and for all other methods, the minimum is 10. There is no maximum withdrawal limit for bank transfers, but for card withdrawals, the limit is set at 15,000 GBP, USD, or EUR. UK investors, for example, will trade under the LimeFX UK subsidiary, with oversight from the Financial Conduct Authority (FCA). European traders will be registered under the LimeFX EU entity with regulation from the Cyprus Securities and Exchange Commission (CySEC). For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.

Kwakol Markets Review

LimeFX hosts a vibrant forex forum where traders can engage in discussions, share knowledge, ask questions, and seek advice from fellow traders and experts. The forum covers a wide range of topics, including trading strategies. Trading with LimeFX Trading indices presents a different challenge as it involves speculating on the performance of a group of stocks rather than an individual asset. LimeFX recognizes the appeal of index trading and provides a comprehensive platform to meet the needs of experienced traders. The brokerage services were introduced in 2005 as a natural step to address the growing demand for fair and transparent trading conditions along with excellent customer service.

  • LimeFX provides clients with numerous funding options for instant deposits and fast withdrawals which include bank transfers, credit cards, and some electronic wallets.
  • LimeFX started as an educational center offering courses within financial markets.
  • The STP account, on the other hand, is more suitable for beginners thanks to the commission-free, spread-based fee structure.
  • The brand uses top-tier encryption technologies to secure all information transmissions including 128-bit encryption and TLS with keys larger than 2048-bit.
  • You can use TradingViews, which has advanced tools you can use, and you can also use AI to build pine scripts.

LimeFX offers the full MetaTrader suite (both MT4and MT5) alongside the TickTrader platform, though the broker’s MetaTrader offering is relatively unimpressive. With an extremely small number of tradeable markets and a limited selection of educational materials, LimeFX simply can’t compete with the best forex brokers. LimeFX prioritizes exceptional customer support and offers multiple channels through which clients can reach out for assistance. Clients can find the contact information under the “Contact Us” section on the LimeFX website.

The market analysis includes technical analysis, fundamental analysis, and sentiment analysis. Traders can access analysis reports, charts, and expert insights to better understand the market dynamics. LimeFX provides live forex news, keeping traders informed about the latest developments and events that impact the forex market.

Competitions and special promotions are vital for brokers like LimeFX as they serve multiple purposes. Firstly, they create a sense of excitement and engagement among clients, motivating them to actively participate in trading activities. Competitions allow traders to test their skills, experiment with strategies, and gain valuable experience in a risk-free or controlled environment. These events also provide an opportunity for traders to showcase their abilities and potentially earn substantial rewards. Having robust and accessible customer support channels is crucial for both brokers and clients in the financial industry.

Overall LimeFX Ranking

LimeFX is a good option for beginners as they provide a decent amount of educational content, free demo accounts and have a minimum deposit of just $5. They are equipped with innovative technology and high-quality analysis tools to satisfy the more experienced traders demands. You can get convenient access to trade the markets on all of your devices with a good selection of powerful trading platforms including MT4, MT5 and TickTrader. They offer a wide range of accounts with very competitive trading conditions including tight spreads, low commission fees and reliable execution speeds.

Spreads start from as low as 0.0 pips, depending on your chosen account type. I found the LimeFX commission charge to be below the industry average, so there is some potential for savings there. They are proud to be the market leaders for their cutting-edge research and development, top-class limefx company reviews platforms, and tools they provide to many of the world’s largest retail currency traders. LimeFX provides access to a wide range of markets and a variety of trading instruments. Regardless if you are a seasoned market player or just entering the forex trading business, LimeFX is open for you.

TradingView

Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.

  • LimeFX offers comprehensive forex market analysis to assist traders in understanding market trends, identifying potential trading opportunities, and making informed decisions.
  • They will then send LimeFX a signed Letter of Direction (LOD), authorising ZuluTrade to perform automatic trading in your account.
  • Although finding this policy on their website may be challenging, you can access it by visiting the following link.
  • In this case, they profit if the market moves as expected but stand to experience losses if the asset’s value rises unexpectedly.
  • Traders can gain valuable insights, interact with the community, and stay connected with the latest market pulse.

Funds are allocated to a PAMM and are segregated so that they cannot be used for any purpose other than the PAMM. LimeFX have a few useful trading tools that can help to improve trading efficiency. These can be used to assist with money management and market analysis. I appreciate that these tools are offering precise calculations of things such as pip value, margin, swaps, and commissions. This can help you to save time and plan your trading, estimate potential profits/risk and optimise your lot sizes. It would be great if they could implement some more market analysis tools in the future.

The all-in-one terminal does feel slightly busy however, so our experts recommend spending some time in the demo environment before investing funds. Check the timezone in your area and published market opening times. Withdrawal times for bank wire transfers typically take one to three business days, whilst card payments can take between two to five working days. Other fees to be aware of include swap charges on positions held overnight. LimeFX also charges a $10 monthly inactivity fee after a profile has been dormant for six months. To get started, sign in to the LimeFX client portal and add a TradingView account.

Commission and Spread Fees

Traders can choose from a wide range of instruments within their jurisdictions, including spot FX, indices, commodities, stocks, metals, or crypto CFDs. The winner of the championship receives a cash prize of $50,000 without any additional conditions, along with personalized crystal trophies for the top three participants. Before engaging https://limefx.club/ in CFD trading, it is crucial to have a comprehensive understanding of its intricacies. Successful CFD traders typically possess extensive experience and employ well-developed strategies honed over years of practice. Thorough research and analysis are essential prerequisites for venturing into the world of online CFD trading.

LimeFX Alternative Brokers

Myfxbook and ZuluTrade are supported, two of the highest-rated and easiest to use third-party copy trading platforms on the market. The ECN account is the most popular, offering the best prices, spreads and execution speeds with access to an interbank liquidity pool. I like how an ECN model links different market participants including banks, centralized exchanges, brokers, companies and private investors. LimeFX’s price aggregating limefx broker reviews technology combines this liquidity to provide the best prices, real variable market spreads from just 0 pips and seamless order execution. The broker also keeps regulatory supervision for their operations, which ensures that the traders’ legal rights are well protected and secured. In addition, ECN trading is a good choice for experienced traders and those who prefer technical or programmed trading as a major strategy.

Trading carries a high level of risk and may not be suitable for all investors. LimeFX offers a currency conversion calculator to quickly and easy convert currencies using current and historical rates. LimeFX.com started processing SEPA withdrawals, debit card withdrawals are still not possible with them. The information on their deposit and withdrawals options are still not 100% accurate. Many thanks for the feedback, Valerif, we appreciate you taking the time to do so and are delighted you’re happy with the service you receive.

Brokers By Licenses

It is good to see the broker also receives a decent trust rating in other customer reviews. With ECN accounts, forex commissions are charged based on the account balance. Nonetheless, traders with an account balance less than $1000 will pay a $3.50 commission charge per lot traded. This reduces to $1.50 per lot for those with an account balance of $250,000 or more.

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