LimeFX Review ️ Pros and Cons Revealed

MetaTrader 4 comes with a variety of powerful interactive charts provided in different styles and in multiple timeframes. There is a plethora of analytical functions that traders can use to refine their trading, including technical indicators and a variety of drawing objects. Margin is the amount required at the start of every trade which is collateral for any credit risks which may arise while trading.

LimeFX does not trade on behalf of clients or offer any trading deals, all trading is done by the account holder themselves and no one else. Secondly, we do not charge fees and would never expect a client to pay money in order to withdraw their profits. Please check the exact website you are using letter by letter; you will notice it is not exactly Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. This company is a specialist in cross-border B2B transactions.

  • FX Majors minors Indices and the selection of Crypto pairs on one platform means I can do all my trading on one broker.
  • Commissions are charged at six dollars for each lot round turn.
  • In this sense, the website is as descriptive as it can get, listing all the payment options, as well as the conditions for them.
  • A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
  • We also use different external services like Google Webfonts, Google Maps, and external Video providers.
  • If you intend to look for the most reliable internet brokerage platform, the biggest hurdle you will face is finding the right one that fits your needs.

LimeFX is well-known for offering traders with competitive variable spreads on all assets which can be traded. Yes, LimeFX offers demo accounts so you can learn their systems before risking any real capital. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.

Payment methods: Deposit and withdrawals

There is only one kind of account available for customers of LimeFX. There is a 0.01 minimum lot size and has 1k maximum trade size. Also, only exclusive to Islamic users only, LimeFX provides swap-free accounts. The MT4 platform has thirty indicators and twenty-four graphic objects that traders can use. You can utilize its proficient abilities to examine movements within the forex market.

  • Even so, LimeFX does not provide assured stop-loss protection.
  • We’re always excited when the broker has a WebTrader version as it allows them to customize it as much as possible.
  • It can benefit different trader types like scalpers, day traders, and traders that deal with political and economic events.
  • I’ve also made a couple withdrawals, and each time the monies were available within 20 minutes.
  • This compensation should not be seen as an endorsement or recommendation by, nor shall it bias our broker reviews.

If potential clients are interested, then they should sign up using your link. And whenever your recruit, which is the “affiliate” begins trading for real, you earn a commission. It does not end here, but this progress into an affiliate multi-tier system. The MT4 platform is downloadable in Google Play or App Store, either on Android or iOS devices. You can also get the same tools and features directly from the site, along with straight-from-the-chart trading and live quotes.

Minimum deposit

The spreads that traders can expect from LimeFX are variable, which means that it can change depending on the financial instrument being traded and the market conditions on the day. LimeFX offers traders with spreads that start from 0.1 pips. Nowadays, traders and investors can easily buy and sell tradable assets by clicking on a computer button. This way, you can fend off large commissions charged by unscrupulous money managers and do business in the comfort of your own home. If you intend to look for the most reliable internet brokerage platform, the biggest hurdle you will face is finding the right one that fits your needs. Unfortunately, cyberspace is such a vast area that determining a trustworthy and suitable one is like looking for a needle in a haystack.

Forbes and Finance Magnates have both written articles about the firm. Unregulated suppliers, in general, do not provide considerable, if any, customer protection to traders. As a result, we cannot vouch that this is a trustworthy broker.

Needs to review the security of your connection before proceeding. needs to review the security of your connection before proceeding. FX Majors minors Indices and the selection of Crypto pairs on one platform means I can do all my trading on one broker. I’m using them as my main broker for almost 2 years already may be and all’s fine. Fast withdraws, responsive support and good crypto pairs variety are my key points.

This 2022 LimeFX review will direct you easily about trading with them. Within the fast-paced universe of stock markets and trading, you will need advice to make educated decisions. A professional, direct LimeFX partner could aid you in minimising any potential losses and maximising any returns.

Extremely high commissions and spreads…

There’s absolutely no minimum time on which a transaction must be kept available. The agents provide premium client service that rewards clients with benefits. LimeFX has over 100 trading instruments to support all types of traders. These tools are dynamic and convenient for both the new and experienced traders. All dealers can set aside all their worries when trading using LimeFX.

  • The user interface is pleasing to the eye and simple to use.
  • It is expressed as a percentage of the position size and traders must ensure that they have adequate funds to cover this requirement.
  • When it came to the withdrawals, things were still very convenient.
  • There are technical indicators for analysing price movements such as moving average, Bollinger bands, Stochastics oscillator, MACD, RSI, CCI and many more.
  • Payments usually get processed within one hour, and we were more than happy to receive our withdrawn amount so quickly.

After the website overview, we’ll move on to the actual trading terms and conditions that drive the whole thing. As mentioned earlier, LimeFX offers you multiple different trading instruments, including currency pairs, stocks, and even cryptocurrencies. But it’s certainly not the only account you can get with LimeFX.

And while we found out that it doesn’t feature a governmental regulation, the broker does protect your trading security with multiple fund safety measures. We’ll also explore available educational materials and how you can enhance your trading knowledge with them. Lastly, we’ll find out various ways in which you can make deposits and withdrawals on this platform.

Can you trade agricultural shares with LimeFX?

Inactivity fees aren’t just charged by brokerage firms but also many financial services. But this doesn’t necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of penalties for this objective. The MetaTrader 4 trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 platform unless they are CFD contracts or Spread bets.

LimeFX broker reviews

Finally, we discovered that LimeFX features affordable commission rates and pretty high leverage, which leads us to ascertain that trading with this broker is as lucrative as it gets. What’s great about the LimeFX withdrawal and deposit conditions is that there scammed by limefx are no commission charges on either of them. Besides, they’re executed pretty much instantly, and the transaction limits are very flexible. Arguably the most important thing you need to make sure of when choosing a certain brokerage is how reliable it is.

Trade with a Regulated Broker

This is just like LimeFX andXTB. Meanwhile, LimeFX charged deposit fees sometimes. We compared the fee to others in the market and discovered that LimeFX has a smaller fee compared to some of the big names. While LimeFX has a $10 fee, you would have a 200 minimum deposit fee for LimeFXor LimeFX. Whereas LimeFX has been established in 2019, they didn’t take the time to work on getting a regulatory body and offer extra protection to their users.

Whether it’s the lucrative leverage rate or pretty affordable commission rates, LimeFX does distinguish itself as one of the more beneficial brokers in the market. Today, we’ll conduct yet another review of the LimeFX broker. In limefx forex broker it, you’ll find everything from the broker’s regulatory measures to its customer support and deposit/withdrawal methods. The broker gives a good link to a time zone converter in the FAQ, but all market hours are given in GMT + 3.

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