LimeFx Group Review 2024: Pros & Cons

LimeFx has extensive experience and offers support in more than 30 languages. This helps the broker appeal to those all over the world and of any skill levels. LimeFx also has 16 full-feature trading platforms for clients to choose from. LimeFx prides itself to be the ideal broker in trading execution, offering a stat of 99.35% orders to be executed in less than 1 second.

  1. However, even then, many other brokers would charge a fee of up to $25 for all wire withdrawals.
  2. The Intermediate Education Room is open to those with a validated LimeFx account.
  3. After some thorough and detailed analyses of everything that LimeFx has to offer, we are very glad to say that this broker can easily be trusted by traders around the world.
  4. Therefore, it is vital for traders to fully comprehend these expenses, as they can significantly impact overall trading costs, especially when dealing with varying foreign denominations.

The LimeFx MT5 platform offers all of the same powerful features that the LimeFx MT4 has to offer, along with more trading tools and advanced capabilities. It has an additional 1000 CFDs on stocks (shares), which makes it the ideal multi-asset platform. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage. If you want as many trading instruments at your disposal, then you should probably opt for MT5. Even if you only trade forex now, think about how easier it would be if you want to diversify in the future. If you want something more advanced, cTrader is another platform to consider but is not offered by as many brokers.

Demo account of LimeFx

LimeFxTV produces a high standard of in-house research and reports, which easily competes with the commentary from the market leaders in this area. The TV-style format works really well, whilst the content can also be downloaded as a podcast. Other regulation comes from the Cyprus Securities and Exchange Commission (CySEC), the International Financial Services Commission (IFSC) and the Dubai Financial Services Authority (DFSA). While many traders will be happy with this, it’s worth noting that LimeFx doesn’t currently offer CFDs on other precious metals such as Platinum and Palladium. Not a deal-breaker by any means, but something worth bearing in mind if you’re looking to trade CFDs on multiple precious metals. The ASIC regulation is top-tier and means that LimeFx needs to run a responsible, ethical and professional company to service its clients.

The right side of the screen shows some of the most common assets and their current spreads and prices. It is also worth noting that MetaTrader 4 and MetaTrader 5 are very widely used. As such, there are also numerous support and educational materials available online from third parties. There are more than 80 technical analysis objects plus more than 40 analytical objects. Clients of LimeFx have access to either MT4 or MT5, both of which are popular MetaTrader platforms.

LimeFx offers great customer service, which is currently available in over 20 languages. These tools will help you learn how to trade on LimeFx trading platform even if you are a first-time user. First, there is negative balance protection, which means that even if markets move rapidly against your trades, your account will not be negative.

Account types missing with LimeFx

All videos are Primary or Intermediate so anyone with a validated LimeFx Account can access all of them. At the bottom of the same page, you will find FAQs for MT4, including validating https://limefx.club/ and gaining access to your account. You still get the same flexible leverage and no requotes or rejections. Even in cases of illiquidity and volatility, LimeFx has a competitive policy.

To match the interests of different traders, LimeFx has worked very hard to offer a diverse array of account types. Thus, the broker is able to offer traders services that work perfectly for their trading needs. You can see the most recent political and social headlines limefx that could affect the foreign exchange market under the “market overview” page. Clicking on the “News” page allows you to access articles covering the fundamental outlook on individual assets. The broker also facilitates trading via MT5 desktop trading platform.

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We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. LimeFx is one of the best forex and CFD brokers based on our assessment. It offers multiple accounts to suit different investors with over 1000 instruments and competitive trading conditions. LimeFx.com offers an excellent breadth of 1000+ instruments, with trading opportunities on popular asset classes, including forex, stocks, indices, commodities and cryptocurrencies. LimeFx offers ultra low spreads across a wide range of forex assets with no re-quotes or hidden charges.

It is also licensed in Cyprus, which allows it to offer services throughout Europe, and Belize’s FSCA, which is an international regulatory body. But, if you want to create a shares account with LimeFx, you will be required to deposit at least $10,000. After some thorough and detailed analyses of everything that LimeFx has to offer, we are very glad to say that this broker can easily be trusted by traders around the world. LimeFx has done its absolute best to ensure that every single customer finds something they might be looking for in this broker.

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LimeFx broker allows traders to use MT4 and MT5 platforms because it currently has no proprietary trading platform. You can use either of these two platforms, depending on the asset you are trading. LimeFx is a large and well regarded company with some good offers and is well regulated so you can feel safe when choosing this broker to trade with.

I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it. For this reason, I prefer brokers who support digital wallet funding. FXTM have a greater range of online payment options compared to LimeFx. To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address. I think it is great for finding trading signals and can save you hours by automatically scanning the markets on your behalf. It is also a great solution if you don’t have the knowledge or experience to decide which way the market is moving.

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