LimeFxFX Review year Key Findings

What is good for a certain trader does not necessarily
mean the same thing to you. You can decide for yourself if
LimeFxFX is a good broker for you or not by reviewing the criteria. In general,
LimeFxFX provides trading service in
Forex , Gold & silver , Indexes , Energies and Crypto . As for the payment methods, you can choose between
Crypto, Credit/debit cards, Neteller and Skrill. For traders in most countries, LimeFxFX is under the authority of LimeFx Markets Incorporated and is registered in Saint Vincent and the Grenadines. This broker also provides various facilities, such as providing support services by live chat and WhatsApp in Indonesian.

They provide deposit and withdrawal through different facilities with absolutely no fees applied. LimeFxFX support several trading platforms such as MetaTrader 4, MetaTrader 5 and cTrader – desktop, tablet, mobile. LimeFxFX offers a wide range of trading platforms and a choice between two account types to meet the needs of traders of all skill levels. The trading expenses are low, and customer service is quick to respond to inquiries. A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three.

LimeFxFX Account Opening

Both email and telephone contact were also answered in a fast time, and provided considered and effective answers to a range of test questions. The broker does not feature any type of deposit or withdrawal fee. This will be a pleasant surprise to many casual or infrequent traders since almost all brokers charge a fee of some form on inactive accounts.

  • They can also use the filter to find the most suited Master Traders based on the structure of commission.
  • With its swap-free offering and attractive incentives and bonuses, it keeps gaining more and more market share.
  • Traders do not need to worry about the safety of funds at this broker.
  • Besides lots of currency pair,
    LimeFxFX also offers some instruments you would like to trade on, such as
    Forex, Gold & silver, Indexes, Energies and Crypto for your best choice.
  • Traders in Kenya can open an account and begin trading with a minimum deposit of 11,400 Kenyan shillings after their personal information has been verified.

In addition to the
MT4 features, it provides a far more customizable interface, stop limit orders and native economic
calendar. The speed of such transactions can’t be fast in 100% cases, especially not on this platform (more on it in disadvantages). https://limefx.name/ Quick depositing and withdrawing are two of the most prominent subjects of boasting here. If you visit the popular review aggregators (like Trustpilot and Forex Peace Army), you’ll see that the rating of LimeFxFX doesn’t exceed 3/5.

Live Trading Accounts

???? MT4 can operate automated systems known as expert advisors and offers several built-in indicators for technical analysis. Real-time market execution and robust risk management are only two of the many valuable tools available. LimeFxFX platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders. LimeFxFX provides fully functional mobile trading apps for MT4, MT5, and cTrader that are available for both Android and iOS devices.

They are pure price-action, and form on the basis of underlying buying and… Most of them also supported one more rate hike at a future meeting in a bid to fight the elevated inflation. At the same time, they said that the bank should proceed carefully on future decisions, which will be based on incoming data. LimeFxFX traders are able to executive lightning trades
at visible prices without any slippage. The owners have been many times accused of manipulating spreads, price drops and prices generally.

Making money in forex is easy if you know how the bankers trade!

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Minimum deposits at LimeFxFX will vary depending on your country of residence and your chosen scammed by limefx payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFxFX entity you choose for establishing your trading account. LimeFxFX offers multiple channels for investment
including credit/debit cards, bank wires, Skrill, Neteller etc.

OLimeFxFX maintains a selection of 35 currency pairs, 31 cryptocurrency pairs, 5 commodities, 10 index CFDs, and 150 equity CFDs. While LimeFxFX operates without a regulator, it remains a duly registered international business company (IBC) in Saint Vincent and the Grenadines with registration number IBC 2011. It does segregate client deposits from corporate funds and offers negative balance protection.

Trading App

What is important to know that no matter how experienced you are, mistakes will be part of the trading process. USD/JPY recovers its intraday losses pre-release of US economic data. Chinese GDP exceeded expectations; contributing support for the Japanese Yen. Higher US Treasury yields provide support to underpinning the US Dollar. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

Founded in 2011, LimeFxFX has amassed more than 6 million users all over the world. With its swap-free offering and attractive incentives and bonuses, it keeps gaining more and more market share. We looked into this broker to see if the commission-free and swap-free MT5 trading environment lives up to its boasts. As per the official LimeFxFX website, the broker guaranteed the safety of all deposits made by Kenyan traders. A top-tier bank holds all customer money in segregated accounts, as required by international regulations.

LimeFxFX Reliability & Security

Here, as with other top broker reviews, we will take an in-depth look at the features and services which LimeFxFX has to offer, and how it compares with industry competitors. LimeFxFX is a broker which was founded in 2011 and is based and regulated in Saint Vincent and the Grenadines. Having been in the industry for a number of years, they have amassed a large number of active traders who utilize their trading platforms which include both Metatrader and cTrader.

The impressive customer support service is backed up by a range of additional resources. There are articles and videos on how the financial markets work, investment ideas, and the practicalities of trading and operating an account. All of the materials are easy to access and presented in a straightforward manner.

For our top picks among trading apps, read our guide to Best Forex Trading Apps. By comparison, industry leaders Saxo Bank, IG, and CMC Markets all offer over 10,000 tradeable instruments. All information on forex-broker-review is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. In addition, LimeFxFX also keeps user funds distinct
from that of the company.

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