Dear Kiki Gorup,Thank you for sharing your experience with us. Clients of the brokerage firm can make use of MetaTrader 4, which is the most widely used platform on a global scale. To better cater to the needs of all its clients, the brokerage firm offers assistance via email, contact form, or live chat. If traders prefer to email the support agents, they can do so at Clients of LimeFX will have the opportunity to open Standard accounts and trade with flexible leverage.

Deposit Methods

LimeFX incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions. MT4 provides a limefx reviews decent range of analytical tools and affords the execution of basic technical analysis, though its charting capabilities are rather cumbersome. I have compiled the table below to help you better understand the difference between the trading fees on LimeFX’s several account types. It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10.

1. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.
2. When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
3. It enablestraders to potentially magnify their profits if the market moves in theirfavour, but losses as well, if the market moves against them.
4. I tested LimeFX’s transparency by checking the availability of essential information on the website.
5. When clients of LimeFX are ready to switch to a live account, they should get ready to undergo a verification of their identity.

The competitiveness of LimeFX’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated. LimeFX does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply. The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade.

Unfortunately, traders will not have the opportunity to trade CFDs on base metals like copper, nickel, or zinc, among others. Foreign exchange trading has exploded in popularity because of the greater trading opportunities it gives and because of its high liquidity. LimeFX allows its clients to participate in the $6.6 trillion-a-day FX market using the leading MetaTrader4 trading platform. I benefited a lot from their detailed analysis provided and I am not confused anymore thank God.

My Key Takeaways After Testing the MetaTrader 4 Platform

Multiple occasions have been declining my requests, and it feels like they’re limefx website just stringing me along. My advise company is untrustworthy, and I can’t shake the feeling that it’s all a scam. If I do get resolution I will update the review atm everything looks like a scam.

While transferring funds from your trading account, you need to bear in mind that all withdrawal requests are first reviewed and approved, which might take up to 24 hours. LimeFX’s MetaTrader 4 is created to take your trading experience to the next level as traders will benefit from premium conditions, mobile trading, flexible leverage, and several account types. In addition to this, clients of the brokerage firm can trade directly in the browser of their computers and smartphones without any software installation while using WebTrader. I am sure LimeFX broker has contributed a lot into my development as a trader. I speak not only about it’s brilliant trading academy, journal or even YT channel. I am also about trading conditions which prepossess everyone to trading.

offered by them?

I am not that picky when it comes to platforms, and I don’t actually need the extra features of like MT5 with market depth and shares trading. LimeFX offers MT4 to trade, including the web version, so it’s more than enough for me. The same goes for indicators, and if I am being totally honest, I don’t even use any of them, they just distract me from the actual price action happening on the chart. The spreads with this Privilege account are tight enough, may not be so important, but still pleasant. LimeFX offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function.

The LimeFX platform also offers a detailedcharting package, helping traders to make better trading decisions. With a deepliquidity pool in futures trading, traders can take large positions withoutworrying about slippage. As forex traders can choose both fixed andvariable spreads, they can select whichever is more suitable for their tradingstrategy.

LimeFx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment. LimeFx also maintains a presence in Cyprus for EU-based clients limefx forex broker under the uncompetitive ESMA regulatory framework. LimeFx supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option.

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LimeFx works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. This long-time industry favorite is starting to show its age after decades since its release, and we prefer for brokers to offer a selection of platforms with newer and slicker options, especially for beginners. However, some FX specialists like Forex.com offer thousands of additional instruments, so it’s disappointing to find just 27 non-forex assets on the LimeFx platform. While an LimeFx no deposit bonus does not exist, LimeFx offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. LimeFx occasionally introduces other bonuses and promotions, which have included a $50 LimeFx no deposit bonus or annual interest on free margin.

User Experience

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. I am satisfied with LimeFx’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading.

How secure are funds in an LimeFx account?

LimeFx clients can trade forex instantly, taking advantage of live streaming, best executable prices in the marketplace, with immediate confirmations. The ECN/STP model gives LimeFx clients the freedom to trade on a more level playing field. LimeFx has worked hard in making the world of Forex more transparent with a greater degree of control for traders. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. FX CENTRAL CLEARING Ltd applies the Markets in Financial Instruments Directive.

ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. LimeFx’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size.

With LimeFx, traders can trade Forex, crypto, indices, metals, and energies. There are over seventy Forex pairs across minors, majors, and exotics, and the currency pairs offered start at 0 pips with a maximum leverage depending on regulation. Indices include the US Wall Street 30, US 500, US Tech 100, and other indices from Germany, Spain, France, Switzerland, Hong Kong, Japan, and Australia.

MetaTrader 4 includes a whole range of easy-to-understand functions, so it only takes a few minutes to get comfortable with all the different options available to you as a trader. The platform has a built-in „Help” function so you can get answers to the most common questions directly from within the software itself, so you can concentrate on the important stuff – trading. MetaTrader 4 includes all the trading functions the modern forex trader needs.

I like how the process is all done online and shouldn’t take you more than a few minutes to complete. I think it is great how the broker supports Muslim traders by giving them the option of a swap-free account which complies with Sharia law. However, this is not a unique feature and something that you will find most brokers provide nowadays.

1. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.
2. 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.
3. Please note that the information on our website is for informational purposes only.
4. MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots.

So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. LimeFx has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and LimeFx is transparent about its products and services.

MAM provides major benefits over competing platforms such as MetaTrader Multi Terminal. I use the desktop platform for running automated systems as it is the only version which can. The web version of the platform is great if you need to access your account from any device without installing any software https://limefx.name/ and it is always up to date. The mobile trading app is perfect for taking the markets with you in your pocket. It makes it quick and easy to keep track of your trades and the latest market news from anywhere at any time. The broker also provides you with copy trading via Multi-Account Management (MAM).

I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers. The technical support is good and it is noticeable that there are competent guys working. In this LimeFx review, we examine the broker across key categories, including its accounts and fees, trading platforms, and customer support, to find out how it competes with alternatives. These findings are based on our first-hand experience trading at LimeFx and take into account the overall experience for day traders. LimeFx has been around for more than a decade, and that experience in the industry has made it a well-liked broker. The educational tools offered, dedicated customer service, and zero commissions fees are all major bonuses.

It establishes a transparent environment for trading with minimal interference from the broker.it is also a very budget friendly platform, which is another great advantage for a lot of traders out there. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Users will like their experience with this broker because it charges very few fees. There are no commission fees, nor is there a minimum deposit, and spreads start at 0.0 pips for some assets.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions.

Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the ECN XL account. LimeFx has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework. As we are dedicated to have our client’s funds safe, they are secured in Leading International banks. The material is for general information purposes only (whether or not it states any opinions). Nothing in this material is (or should be considered to be) legal, financial, investment or other advice on which reliance should be placed.