LimeFx Review 2024 Retail broker for trading financial markets

If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss. The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time. Any trader who is familiar with MT4 will feel right at home with the user interface on the MT4 Multi Terminal. LimeFx offers one of the best trading platforms in MetaTrader 4 (MT4) for desktop, mobile devices and directly through your web browsers. MT4 is provided by the majority of trading brokers due to its simplicity and user-friendly interface.

I’ve never experienced a broker like…

Copy trading is helpful for you if you don’t want to scan the markets for trades yourself because you don’t have the time or knowledge to do so. Instead, you can select a professional trader with a solid track record and start copying trades in return for a small commission to the manager. A great place to realize any trading ideas.I was looking for a broker that would suit my trading conditions and this company was perfect.

Pleasant spreads to trade

By taking advantage of their deposit bonus, I was able to double my balance. However, no forex broker or strategy can guarantee positive returns so you should never limefx invest more than what you would be comfortable losing. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders.

LimeFx seems like a solid forex broker

I can say that I completely changed my life, I feel like a successful person and I get those things that I once did not even dare to dream about. It doesn’t matter if you are a beginner trader in the market or you have considerable experience, whether you trade in the long or short term, rely on fundamental or technical analysis factors. This tip should be the cornerstone of your trading career.Good broker, I recommend LimeFx to everyone.

Company Representative

The swift online application at LimeFx requires a name and e-mail. Clients may also use their Facebook or Google accounts to open an account. Since LimeFx is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations.

Can You Make Money Trading Forex With LimeFx?

For example, the EUR/USD currency pair is the most liquid currency pair in the forex market, so it generally has the tightest dealing spread. If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes. Conditions here affect the profitability of your trading campaign, it’s fact. Rarely meet such brokers where conditions matter so much. If you want to trade extensively during the day, then it’s the right place to do so.

  1. Besides this, I don’t have any problems with this company.
  2. The only issue i had was due to using Metatrader 4 trading platform, its mobile version to be exact.
  3. That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets.
  4. Since the 2010 it has provided customers with great brokerage.
  5. If you want to trade extensively during the day, then it’s the right place to do so.

Customer Support

Brokers require tons of resources to create accounts diversification. This one decided to save this energy and it redirected it to other tasks. Moreover, ECN XL contains everything an typical trader needs – high leverage, free funding, fast exeuction.

Our team highly rates LimeFx’s forex offering, which includes 72 major, minor and exotic currency pairs and is on par with competitors like OANDA, which offers 68 pairs, and with its 82 pairs. I like LimeFx’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed. Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with LimeFx simple for beginners. I have been successfully trading with a broker for about 5 years.

I just wanted to make sure that it was not a scam.I came here with a purpose to trade cryptos and indices synchronically. I noticed that these assets move in tandem and I try to make the most from this nuance. LimeFx gave excellent conditions on trading fees to trade these. At first I thought that forex trading would make a lot of money. I remember that how I opening an order to buy gold on a demo account, after a couple of hours I already had + $ 148. I learned MT4 quickly and decided to open a real account a week later.

Similarly, the ‘Market Analysis’ section had a focus on just three currency pairs during testing which is not wide enough in my opinion. I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions. This is a rare feature that you don’t see at many rivals, and a promising sign of transparency.

The deposit is low, the MetaTrader 4 platform is one of the best for forex trading, and the tight spreads through the ECN model are competitive. Still, I feel that LimeFx could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers.

They are trying to stealing my money, beaware traders. At the time of withdrawal they ask for selfie in name of random security check, I gave them my selfie, they are again asking for another… It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. Our extensive tests show that LimeFx is a legitimate broker. We have not experienced any security concerns during our many hours using the trading platform.

EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC). The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000. Client deposits remain segregated from corporate funds at both entities with leading international banks, but LimeFx does not list them. Clients can find the provision in the Investment Services General Conditions PDF.