LimeFx Review

Join us and benefit from the award-winning trading conditions offered by a globally recognised and reliable forex broker. Benefit from a variety of trading accounts, low spreads, secure funding procedures, and free VPS hosting. Compared to the broader industry, LimeFx offers an above-average number of FX pairs, commodities, and indices. These afford traders access to multiple markets with varying degrees of underlying volatility. My tests indicate that LimeFx’s floating spread accounts are slightly more competitive than the fixed spread alternatives in normal market conditions. However, this may change at times of heightened market volatility as floating spreads tend to rise at such times.

LimeFx Customer Service

LimeFx notes the availability of 80+ currency pairs, making it an ideal Forex broker. Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders.

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Generally, the accounts are suitable for beginners and advanced traders. Each account type supports swap-free trading via LimeFx’s Islamic accounts. In general, LimeFx’s offering is slightly more competitive than the industry average.

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Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. With respect to customer service, the broker provides decent contact options and support in 45 languages, which could be a plus. The trading competition might also be an incentive to open an account, and the broker’s support for the popular MT4 platforms seems to be the best feature of this broker. I do not really have much experience trading, bit I have found it pretty easy to navigate using this broker.

How do I view my trade history on FX Choice?

The “Intraday Comment” section had a single 18-month old entry about the Eurozone. I want to caution beginner traders when using demo trading as a simulation scammed by limefx tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations.

LimeFx Review – Pros & Cons Revealed

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. This includes pros, cons and an overall rating based on our findings. One thing in particular I like that sets LimeFx apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education.

Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity. I would personally have no issue in trusting them with my funds and can therefore trade without worrying. A Contract For Difference, or CFD, is a form of derivatives trading that allows traders https://limefx.vip/ to speculate on the everchanging price movements of instruments and assets in the global markets. LimeFx is a forex and CFD broker that is headquartered in Cyprus and also has offices in the UK, South Africa, and elsewhere. The company serves traders globally and is regulated in several jurisdictions, including FCA and FSCA, along with one unregulated entity.

• The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021.
• The broker publishes its in-house materials regularly, and it also incorporates the popular TradingCentral service.
• Before you connect to an agent, you have to provide your name, email, and account number (if applicable), and choose a preferred language.
• We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
• The well-structured trading environment and dedicated customer support team, make it a great broker to register with.

Many years of experience within the trading industry has made LimeFx experts at delivering flexible, bespoke and multifaceted trading platforms. Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms. I like the trading fees in the LimeFx Absolute Zero account, where traders get commission-free spreads from 0.3 pips. VPS hosting exists for algorithmic traders and copy trading services are also available with a balanced asset selection and active trading community.

The MT4 Webtrader is a 100% web-based platform, which offers the same features and functionality as the downloadable version. Being a modern HTML5 application, it runs without requiring any additional browser plug-ins or add-ons. Experience unmatched trading conditions with an award-winning, globally recognised broker today.

Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. Closing your LimeFx account involves several steps, and it’s vital to be aware of any pending trades, balances, or contractual obligations before initiating the closure process. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

We do not provide financial advice, offer or make solicitation of any investments. For those of you who are of Muslim faith, I am pleased to say that the broker does have swap-free accounts which comply with Sharia law. It’s great that they serve clients from all different backgrounds and with different religious beliefs.

The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD when the pip value of the pair is $10. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account. Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading.

Traders can choose between commission-free, swap-free accounts and accounts with low floating spreads. Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts. LimeFx lets clients trade multiple markets on an Electronic Communications Network (ECN) and also offers an AutoTrade copy trading platform for social traders. An extensive website section is devoted to trader education, which makes LimeFx suitable for beginners.

LimeFx provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact.