LimeFxFX LimeFx Review Online Forex Trading Analysis
The broker has some useful trading tools, educational resources and a prompt customer support team on hand to assist you as and when needed. Overall, I think they can be a good choice of broker for beginners or active traders who are looking for robust trading conditions in a regulated environment. We are delighted to hear that our services have met your expectations and that you are enjoying the benefits we offer. Dear Rajesh Kumar Barua,Thank you for sharing your positive experience with LimeFx!
Different Platforms Used to Trade
In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security. On LimeFxFx, customers can withdraw funds from their trading accounts using the same ways they deposited.
Fund Withdrawal Process
For both account types offered by LimeFxFX, spreads are floating and start from a minimum of 0.8 pips and have an average of 0.9 pips for the EUR/USD currency pair. This means the trading spreads will get either tighter or wider, depending on market volatility, time of day, and other factors. We found Forex Broker LimeFxFX most interesting feature to be that they have no swaps.
Forex Pairs
- There are some educational materials to assist beginners and help you to improve your trading knowledge.
- It is a smart trading platform combining everything a trader needs in an easy-to-use app.
- Unlike most brokers, LimeFxFX does not charge any kind of inactivity fee.
- We use dedicated people and clever technology to safeguard our platform.
- The most efficient experience is provided by the computer platform as it offers the most tools and functions.
You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of LimeFxFx affiliates https://limefx.biz/ to receive bonuses or chat with the live support on their website to get the promo code. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks. Compared to other brokers, LimeFxFx claims to have low trading fees and charges nothing on deposit and withdrawal.
Does LimeFxFX have Research and Education services?
The broker provides you with a good range of educational materials including video tutorials, trading guides, FAQs and a glossary. Subjects covered include the very basic lessons such as an introduction to trading and how to place a trade to the more advanced technical and fundamental analysis. The information is very easy to digest and is supported with visual representation for clarity. If you are an absolute beginner and looking for some more guidance along the way, LimeFx have lots of good educational content as well. I signed up with LimeFxfx like every other trader, but i was not disappointed like i was with others, first, it has the fastest withdrawal ever within the twinkle of an eye, likewise deposit. There are no swap charges or commission on overnight trades, so that helps me trade for long with confidence.
Hesap açmak için gereken minimum depozito nedir?
As long as a broker has MT4 and MT5 it should be more than enough for most retail traders. Both accounts offer most features found in a standard account with similar types of brokers. This means no commission costs in limefx broker reviews addition to the spread with these spreads starting from 0.8 pips for the EUR/USD currency pair. Traders can make deposits and withdrawals of money in a timely and secure manner thanks to the unique LimeFxFX Trading App.
But unlike the real account where actual money is used for trading, the demo account uses virtual money. Founded in 2011 in Cyprus, LimeFxFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit.
For more in-depth explanations, you can take a look at their comprehensive manuals, covering the interface, EAs, charts, signals, and Autochartist. This section holds some introductory articles to forex trading that are most suitable for traders at a beginner to intermediate level. This section is nicely laid out and covers some of the more important aspects of forex trading. The app is available on Android and iOS for MetaTrader and cTrader platforms through iTunes and Google Play where it has very high reviews. With this, traders will have much more functions in terms of coding your Expert Advisors as it uses a coding language called MQ5.
The standards set by ESMA are quite high, not dissimilar to those set by the FCA in the UK and ASIC in Australia. If you are of the Islamic faith meaning you comply with Sharia law then this account is one of the best options on the market. Many brokers offer a swap-free account and while we are not experts in sharia law, we suspect they may not be truly sharia compliant. This is because the swap has been replaced with a periodic administration fee meaning you receive a charge every certain number of days you hold your position open. LimeFx does have a proprietary app for social copy trading (the LimeFx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry.
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. Islamic swap free accounts that comply with Sharia law are available. It is great to see the broker supports clients with different religious beliefs although this is pretty standard nowadays.
