Uncategorized

LimeFX Review 2023: Worlds Best Forex Broker, or a Scam?

LimeFX reviews

To make this come true each of the traders who want to have such an account needs to register with the broker. After this he or she should fill in a corresponding form. To get this form, contact the broker’s support team on the site.

Thanks to the broker’s wide range of cryptocurrencies and excellent trading conditions, I do not need to open a separate trading account with another broker. LimeFX is known for its competitive spreads that make trading more favorable. However, of course, I wouldn’t turn down the opportunity to lower the commission. That would be truly fantastic and would make trading even more appealing to me. I’ve been using LimeFX for a few years now and I’m really impressed with their low fees. As a young investor who is just starting out, every penny counts, and LimeFX’s low fees have allowed me to invest more of my money and grow my portfolio faster.

One of the things I love about trading…

First, it’s regulated in the UK, which is known to be a strict jurisdiction that also guarantees investor funds through the FCA with up to  £ 85,000 of insurance coverage. With a published business credit rating of 95 and a variety of cutting-edge tech https://limefx.biz/ protecting finances and data from multiple angles, LimeFX is a secure and steady broker. I have done a lot of research and tried a lot of different brokers before I joined LimeFX. And I like that LimeFX provide a lot of deposit/withdrawal options.

They offer both fixed and variable spreads, which allows me to choose the option that best suits my trading style. The spreads are also quite competitive, which helps me to maximize my profits.Overall, I am very satisfied with my experience limefx with LimeFX. I would definitely recommend LimeFX to others looking for a reliable forex broker. It is a very good choice for the guys who really want to find something very specific, because you have a lot of variants to choose.

LimeFX reviews

This is in close proximity with Tier 1 banks that provide liquidity. The result is that you can get access to deep liquidity and execution speeds calculated in milliseconds. I like this feature as it also provides better security of client funds. Funded accounts also receive access to a wide range of technical analysis provided by Trading Central, while all other trading tools are accessible for all clients. Many factors comprise LimeFX’s excellent trust rating with customers and financial institutions in the sector.

Kwakol Markets Review

This is all backed by 24/7 multilingual support to its clients. Retail traders wondering how to get in touch with LimeFX when using their accounts, can rest easy thanks to the plethora of customer support channels. The LimeFX trading platform makes it possible to contact representatives via live chat, while there’s a telephone helpline available 24/5. There are plenty of interactive data sets to assess within the LimeFX portal. LimeFX Market News gives traders up-to-the-minute overviews and technical analysis on a range of instruments from forex pairs and indices to big-name equities.

  • I mean no possibility to use EAs like on MT4 and so on…
  • I would definitely recommend LimeFX to others looking for a reliable forex broker.
  • It also featurtes an integrated economic calendar with alerts, keeping you on top of the latest market news events.
  • However, there is no account manager to follow up with you.

Finally, LimeFX has an acceptable mobile charting offering. Traders can choose multiple time frames to monitor and can easily add multiple trading indicators, such as moving averages. After setting up a chart, the mobile app allows traders to easily trade from the chart, with easy trade sizing and buy and sell directional orders. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns.

Once deleted, you cannot retrieve it, so don’t make this decision lightly. The broker even conducts its own credit score to assess the security of each new client, such is its focus on safe, sustainable trading and investing. Any LimeFX account that’s been inactive for three years – and it’s still funded – LimeFX has the legal right to claim it as its own, based on the terms of its client agreement. BnkPro account holders can also trade thousands of equities and build a long-term portfolio of investments. Between 2015 and 2020, LimeFX was the ‘Best Broker’ in the eyes of the Financial Times. It’s also a brokerage that’s well-served by counterparties and high-street banks, whose names include Barclays, Citibank and RBS.

LimeFX Platforms Summary

Rock-solid trading is all about having a watertight trading plan. Trading Central also offers technical analysis, which can provide potential trading angles and tests for existing trading strategies. BankPro acts as a middleman, providing “robust financial services” to clients alongside its “instant access” trading platform. BankPro not only makes it limefx official site possible to trade and invest, but it also makes it possible to spend wisely, wherever you are in the world, transacting at industry-leading FX rates with no hidden charges. LimeFX is considered an excellent broker, offering access to over 400 CFDs and 70 forex pairs on state-of-the-art trading software via MetaTrader and cTrader trading platforms.

  • Like many brokers, LimeFX has no commissions on most trades.
  • To begin trading, find the instrument you prefer on the left side of the desktop dashboard and use the Trade window underneath it, or click on New Order on the top menu.
  • TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
  • I was on the sidelines watching a night AUD release which wasn’t even of high importance.
  • I think it’s a good broker for algo trading specifically.

It is prepared by the LimeFX news team and they release an average of 3 updates every business day. Sometimes the news is collated from external sources such as Bloomberg, CNBC, etc. I often go through the news before I start trading every day. I have been working with LimeFX for almost 5 years and I can say that they have greatly spoiled for this time and significantly improved the service.

LimeFX Broker fees and charges

LimeFX does not seem to offer any discounts for higher-volume traders on the couple commission types it does charge. The cTrader web platform is a powerful solution for browsers or Mac users, providing the same advanced functions as the desktop platform (excluding cTrader Automate). You may access your account from anywhere, at any time, without having to install any software.

Are you looking for LimeFX?

I understand that my review will not be interesting to experienced traders because I’m a beginner. And I would like to share my impressions with other novice traders. As a beginner, I didn’t encounter any difficulties in trading. In my view, LimeFX is really good and trustworthy broker.

Good company

An Islamic  account is swap-free, meaning there is no swap or rollover interest on users’ overnight positions. Like all LimeFX accounts, the Edge account has no commissions and super low prices all-around, so it is probably worth keeping an eye out for as it goes through further development. LimeFX is considered to be a low-risk company with a great reputation, but you will likely find many negative comments on online forums accusing the company of systemic fraud among other things.

The platforms themselves have many technical analysis tools and you can keep up with the new developments in the forex world through LimeFX’s blog, which updates daily. Naturally, a premium customer should get premium customer support and LimeFX provides just that, as VIP users get access to account managers and dedicated customer support. This is an account geared towards very devoted and experienced traders who want to trade frequently and in high volumes at a very low price.

LimeFX has been trading for several years now and offer their services in many countries around the world. In this time,
they have built up the right name and reputation. Information provided on this website is for guidance only and should not be deemed as financial advice. If in doubt, seek professional advice from an FCA regulated advisor.