To provide the most customer centric proposition in the industry. We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market. LimeFx’s main objective is to empower its clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey.
Regulated, Transparent and Fair Trading
The “Education & Research” section of the broker’s website is replete with various educational resources, such as learning articles, forex news, traders corner blog, glossaries, educational eBooks, and more. There is an FAQ section that answers some of the common questions that you may have. I think there is enough to improve your trading if you are a complete novice. There is a nice selection of forex eBooks, providing guidance and understanding of the key trading concepts. A great amount of thought was applied into the forex education centre in order to ensure it can help to make a difference and enhance your knowledge of the markets. Professional traders and asset managers with many accounts want solutions that make managing several accounts straightforward and secure.
What about bonus programs? i love nice surprises from brokers 🙂
And if it’s not enough, try the LimeFx demo and look at the spreads with your own eyes. LimeFx could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating limefx forex brokers reviews for global traders. Although LimeFx does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS). This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on LimeFx.
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It provides brokerage services internationally and is regulated by the Cyprus Securities and Exchange Commission. LimeFx reviews indicate that the edge of this broker is keeping the trading fees as low as possible to match the most demanding clients’ expectations. “The broker on your side” became the slogan of LimeFx as it does not trade against its customers. Instead, it uses institutional partners’ liquidity pool to guarantee the tightest spreads and best quality of service to its customers.
- While these are all leading regulatory bodies, our LimeFx review experts highly suggest registering with one of our recommended and trusted online forex brokers instead.
- Keep reading our LimeFx review to find out if this broker would be appropriate for your needs.
- They can provide answers to all of your general, technical, and account-related inquiries.
- The web version of the platform is great if you need to access your account from any device without installing any software and it is always up to date.
I have never seen lower floating spreads on major currency pairs – the assets I usually trade. Comparatively interesting broker with own distinctive traits.in general, all conditions are quite similar to something that other brokerage companies offer, but, simultaneously, there are some differences. They are minor actually, unprepared and unskilled traders would barely notice them.
Platforms & Apps
An economic calendar is an invaluable trading tool which is often overlooked and undervalued by traders. Being ahead of the curve; knowing the timetable of economic releases by way of a calendar, is an absolutely vital aspect to support trading performance. I believe that having access to a thorough, comprehensive and detailed economic calendar, is extremely important. I would always like to check a calendar prior to taking any trade decision. However, the broker does not offer any other platforms such as MetaTrader 5 (MT5), cTrader, or an in-house proprietary platform. After MT4, I would prefer MT5 as the second choice because of its additional features including more timeframes and built-in tools.
As far as I know the entire information on this matter is provided by the broker on its website. It may take up to 7 business days, because banks, obviously, don’t process transactions on weekends. I’d advise you to pay attention to some other payment methods, they are substantially faster.
The educational tools offered, dedicated customer service, and zero commissions fees are all major bonuses. Though LimeFx provides only one account type and one platform, the ECN XL is a pretty strong offering that will work for traders of all experience levels. There are several reasons why I eventually joined this broker back in the day. First and foremost, LimeFx broker has proved its competence as a mediator within certain period.
There is no dealing desk to intervene, there are no re-quotes. LimeFx uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe. Furthermore, all client funds are held in accounts with major international banks and kept segregated from LimeFx corporate accounts. Minimum deposits vary depending on account type at the LimeFx forex broker. Our LimeFx review discovered that ECN Standard accounts’ minimum deposit was $100, which ECN XL and ECN Advanced were $10,000 and $100,000 respectively. LimeFx offers many different account types, including ECN Standard, ECN XL, and ECN Advanced.
The broker lets you trade the available financial instruments using the MT4 trading platform. The software offers an impressive array of analytical tools, including nine timeframes and four chart types for each financial instrument to ensure detailed market analysis. CySEC works under an extensive set of regulatory guidelines proposed https://limefx.club/ by the ECB and the MiFID, as per the input and supervision of individual regulatory agencies across Europe. Leading regulatory organizations in the EU such as the FCA, the BaFin, and the CySEC are known to create new policies and guidelines for protecting investors and for safeguarding the integrity of the European financial markets.
The MultiTerminal is intended for simultaneous management of multiple accounts. This is an extremely valuable facility and platform for those who manage funds, or those who manage investors’ accounts and for traders working with many accounts simultaneously. I was looking for a reliable broker with low floating spreads. At some point, I was about to give up this idea and shift to a broker with fixed spreads, but fortunately, I came across this broker that met my expectations.Its spreads are perfect.
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. We do not provide financial advice, offer or make solicitation of any investments. As aforementioned, there are no commission or deposit fees required with this broker. As far as investor features go, traders will find a lot offered, including a wide range of products, the MetaTrader 4 platform, Forex tools, and Forex offers. I’m talking about those traders who started trading quite recently.
I’m confident with this broker because for the time I trade with it nothing bad happened to me and particularly my depo. Of course, I mean non-trading reasons such as fraud or careless attitude to me or something like this. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing. LimeFx does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. I find LimeFx’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours.