LimeFX Review 2024 Trade CFDs on MetaTrader and cTrader
Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes. LimeFX provides fully functional mobile trading apps for MT4, MT5, and LimeFXTrader that are available for both Android and iOS devices. These apps offer full trading capabilities, interactive charts, and technical analysis tools on the go. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
- I appreciate the depth of market analysis provided by LimeFX.
- From our assessment, LimeFX emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration.
- Yes, you can find detailed information about LimeFX’s corporate social responsibility initiatives on their official website or by reaching out to their customer support.
- To support you, we offer a range of educational resources, including videos, webinars, and articles, which can be especially helpful in building a solid foundation on our official YouTube channel.
Recommended for people who are new to the world of trading. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. The withdrawal time with the broker ranges from a minimum of 5 minutes on Skrill and limefx official site Neteller up to 3 hours on other payment providers. Can I learn more about their corporate social responsibility efforts?
Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
MetaTrader 5 Account
Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, LimeFX showcases a strong commitment to assisting its clients. There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable. LimeFX provides demo accounts that are accessible with both MT4 and MT5. The trial period for these accounts has no time restrictions, making them a perfect platform for practicing and testing trading strategies.
Regulation and Safety of Funds
We are so pleased to hear that LimeFX is providing such a informative platform. Their limefx reviews platform is intuitive and their market insights are detailed. Their tools are intuitive and their market insights are highly useful.
Account Opening
LimeFX’s fee structure, or lack thereof, makes it an appealing alternative for volume traders. LimeFX removes separate commission fees by incorporating the cost into the spread, providing a simple financial environment where traders can quickly assess their trading expenses. LimeFXTrader is LimeFX’s trading platform, intended to provide a simplified and straightforward trading experience. It is designed to simplify the trading process while maintaining the tools and resources required for efficient trading. The broker also provides detailed economic calendars and market insights, which keep traders informed about the latest financial news and upcoming economic events. LimeFX offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and LimeFXTrader.
For those interested in trading indices, LimeFX provides access to some of the world’s major indices. Uniquely, the company hosts regular webinars, with topics such as Fibonacci analysis, trading psychology, and broadcasts where you can watch one of the company’s traders for an entire trading session. Their live chat team is mostly based in St Lucia or Cyprus and is 24/7. Multiple times, we asked questions regarding things such as deposit options and broker regulations, and we were met with a long pause, followed by less than sufficient answers. But, even for simple questions, we didn’t find the customer service options impressive. LimeFX is extremely limited regarding payment method options for funding a trading account.
Account Base Currency
The broker offers competitive commissions for affiliates, including revenue share and CPA (Cost Per Acquisition) plans. The exact commission rates may vary, so it’s advisable to check their affiliate program details for the latest information. Carry out risk-free trades an unlimited number of times to validate scalping trading strategies and algorithms.
We suspect this administration fee could still be a type of riba. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Minimum deposits at LimeFX will vary depending on your country of residence and your chosen 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 LimeFX entity you choose for establishing your trading account.