Forex Trading

Forex with LimeFX: dependability and innovation in trading

LimeFX

19 Please note that for clients who reside in Iran, there is a minimum deposit requirement of $/€/£50 for Standard accounts, $/€/£250 for ECN accounts. 5 Institutional-level spreads are offered on LimeFX Pro accounts on the condition that a minimum account balance of 25,000 EUR/GBP/USD is maintained at all times. If the balance of an LimeFX Pro account drops below the required amount, the spread offering may revert back to retail pricing until the account is topped up. Traders are people who work on the Forex market, trying to ascertain the direction in which the value of a currency will go and make a trade for the purchase or sale of that currency. As such, by buying a currency cheaper and selling it for more, traders earn money on the Forex market.

LimeFX

With fully segregated client funds, backed by top-tier banks and award-winning service. In case of no trading activity, or if any form of abuse is found relating to the reimbursement policy, LimeFX International reserves the right to reclaim any reimbursement fees. If there’s been no trading activity on your account for at least 6 months, an inactivity fee of 5 EUR/ USD/ GBP will be applied. Live Chat is clearly visible on the website making it easily accessible to traders. Agents are highly-responsive, easy to talk to, and pick calls almost instantly to respond to inquiries from traders.

Standard accounts are simple, convenient, and straightforward to use hence perfect for newbies. New Traders can begin with Standard demo trading accounts where they have an opportunity to try Forex without risking their hard-earned money. Premium accounts come with personal managers and are ideal for experienced traders. In all fairness to LimeFX, account funding options is an area they really excel in. You can make deposits and withdrawal using a generous range of payment options.

Mobile apps

Get cashback for trading, topping up, and many other common account operations. LimeFX currently has a user base of 2 million, making it one of the largest Forex brokers in the world. Over 15 years, the charity has provided support to more than 37,000 people. The fund also has more than 10 continuous programs in place that help to focus the charity’s efforts and achieve more. Today, the LimeFX Charitable Fund has more than 100 full-time volunteers. A journey of a thousand miles begins with a single step – so goes the old Chinese proverb.

  • At present, there are thousands of PAMM accounts to choose from.
  • More than 2,000,000 traders are already investing with LimeFX.
  • I personally prefer using eWallets as I can get quicker access to my funds which is important if I need to act fast on some market news.
  • If there’s been no trading activity on your account for at least 6 months, an inactivity fee of 5 EUR/ USD/ GBP will be applied.
  • With education from LimeFX, you will gain valuable theoretical knowledge which you will be able to apply when trading.

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. The Strategy Managers earn through commissions paid by their copiers. Again, I must emphasize that past performance is by no means a guarantee of future performance. Get the latest news and insights straight from LimeFX’s in-house market analysts.

LimeFX Bonus allows traders to earn points and exchange them for several transactions. More active traders, as well as those with high investing and trading volumes, enjoy the most bonus points. Today, there are multiple LimeFX entities in various parts of the world operating under the LimeFX brand. For instance, in Russia, there are two LimeFX entities namely LimeFX Broker LLC and LimeFX Forex LLC both of which are licensed and closely monitored by the Central Bank of Russia.

Support

I like how they also provide Demo and Cent accounts for tyro traders. The LimeFX customer support team works from Monday to Friday. The chatting communication channels are Viber, Telegram, Facebook chat, UK chat, and instant web chat. You can also reach them through their social media platforms which include Facebook, Twitter, YouTube, and Instagram. I would’ve appreciated it if their support team was available on weekends as well.

To accommodate the needs of traders who are always on the go, both MT4 and MT5 trading platforms are compatible with mobile trading apps. As a result, traders can visit Apple App Store or Google Play Store to download trading applications. LimeFX is a trading broker with many years of trading experience, having been through some significant ups and downs.

Moreover, you will find out about money management, learn to keep your emotions under control, discover how trading robots can be useful, and much more. You can take part in our courses online from the comfort of your own home. Trade, read analytics, and fund your account in one app on any mobile device. An alternative LimeFX website offers services that are better suited to your location. Copy the strategies of more experienced traders and profit when they do.

Analysis

The brand was established in Russia in 1998 but has expanded its operations to a global reach. Today, LimeFX boasts of millions of clients from several different countries. The head office is located in Mauritius while other offices are in St. Vincent and the Grenadines, Russia, and Nigeria. I like how the broker also has several offices run by their partners in different countries to cater to the international community. All investment carries a certain degree of risk, which is why we recommend that newcomers practice on our demo accounts.

  • However, I believe that the regulation could be improved as could the number of trading instruments offered which are limited compared to other online brokers like AvaTrade.
  • In all fairness to LimeFX, account funding options is an area they really excel in.
  • I like how it can be used for trading, monitoring, and analysis.
  • They pride themselves in the success of traders and offer unmatched services such as free VPS Service and Signals.
  • All accounts are grouped into either standard or ECN accounts.

I found the trading conditions to be acceptable although there are better forex brokers out there from my experience. The limefx forex brokers reviews brand boasts over two million clients thanks to the reputation it has built over the past two decades. At LimeFX International, part of our mission is to keep that standard of excellence high. We provide a forex trading environment that is trustworthy, reliable and technologically advanced, while ensuring every client receives impeccable customer service.

If you want to practice trading online to get a feel for the broker, the platforms and what they have to offer, there is the option of a free demo account. I think this can be a great way to practice your trading strategies and build your confidence before opening a real trading account. When compared to other brokers, I found LimeFX to have a limited number of tradable assets. Only the forex majors, minors, and exotics are available for trading.

The LimeFX brand:

They pride themselves in the success of traders and offer unmatched services such as free VPS Service and Signals. They spend a lot of dollars annually through sponsorships and marketing campaigns to expand their reach. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would https://limefx.name/ be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. You are given direct market access (DMA) via the ECN accounts which are available on MetaTrader platforms. I prefer the MT4 and MT5 platforms due to their simplicity, scalability, flexibility, and reliability.

This means that clients can conveniently trade through their mobile devices. Last year, the company introduced LimeFX Mobile Application in an effort to provide traders with unbeatable financial markets’ information. Forex trading widely relies on MetaTrader 4 platform because it is more user-friendly and offers a broad range of useful tools.

Trade FX with great leverage, no commission options, and spreads from zero. Deposits are processed instantly in case there is no need for additional verification. International is not liable for any transfer delays you may experience due to a disruption of service in the system of the payment processor. MetaTrader 5 is an upgrade of MT4 and comes with a unique set of features.

Additionally, the company also offers binary trading where binaries can either be in spot metals or currencies. Traders can also combine refunds and use them to trade and invest or move them to another account. I don’t like how LimeFX only has offshore regulators as these could be considered to be inferior to that of the FCA, ASIC, or CySEC. Most traders and experts advise against trading with offshore regulated brokers. You can check out our broker ratings for some alternative brokers with additional regulations.