There is something to develop but these are trifles. However, no forex broker or strategy can guarantee positive returns so you should never 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. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. The multiple industry awards are also a reassuring sign for us. The European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business.
I’m confident with this broker
- I attempted to learn to trade before, but it did not work out for me.
- If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit.
- Yes, it is possible to have a profitable strategy when trading with LimeFx, which offers the reliable MetaTrader 4 platform and plenty of analysis to support forex trading.
Because the forex industry in general is a sphere of temptation to work unfaithfully. We as a community should give more credits to such brokers. Decent trading conditions are a pleasant supplement to an awesome reputation. There are no commissions and tight spreads sourced directly from liquidity providers. While testing LimeFx, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips. Users will like their experience with this broker because it charges very few fees.
What trading platforms does LimeFx offer?
LimeFx is a good forex broker for all experience levels. New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LimeFx XL account.
Broker Types
I wondered when found out that the company has no minimum deposits. I dunno know whether it’s an ordinary practice within brokers, because I doesn’t have a big experience in trading, but it was a real surprise to me. actually, it’s cool! Such a feature opens the doors into the world of trading for many traders, limefx official site who are confused because of the size of minimum deposit. I know that low spreads are also useful, and this one proposes quite low ones. LimeFx supports a variety of payment methods for deposits and withdrawals, including credit/debit cards, bank wire transfers, and popular online payment systems.
Forex Research
What is also great, LimeFx used technology to provide efficient and transparent pricing with the most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements. The company is known for its customer-centric approach by delivering competitive pricing with the most favorable trading conditions. This is a broker that focuses on what matters most in the financial markets; safety, trading conditions, trading platform, and pricing structure. These usually come most important to brokers and the broker does well to excel in all these areas. It seems to me that this broker has all the chances to become a successful company for trading CFDs, but still there are certain things that I do not like.
Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market. I appreciate the support team of the LimeFx broker for the help I get here in terms of conversations and questions that I ask about different issues. I was attracted by low margin requirements, high leverage and tight floating spreads.
Some companies provide good services to their customers. And this platform is known for its reliability and functionality.2) In addition to platform company provides VPS service. Professionals understand why this service is needed.3) 100% bonus on first deposit is a nice addition to advantages that I have described.Yes, this broker has some disadvantages. But number of advantages is much more, which determined my choice. I decided to try this company because I saw advertisements on some Forex forums and people gave good reviews. I liked the fact that there are no spreads for intraday trading on some assets.
At LimeFx account offerings there are three ECN accounts divided by the level of trading size, experience, and particular demands. Some of the accounts feature extra benefits of zero swaps, commissions, or mark-ups, or maybe fully tailored solutions for active traders or those who operate bigger sizes. On the flip side, the range of instruments is strictly limited to forex and CFD, the education section is relatively poor, and the support is only 24/5. Also, conditions for traders might vary depending on the jurisdiction. On top of that, the broker provides only the MT4 platform and no other alternatives.
LimeFx is not a scam, it is a regulated broker holding European license ensuring trading safety and client protection, as well as negative balance protection in case of insolvency. 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. Yep.There is a banner right on broker’s official website stating that they double your deposit. They can give up to $2,000 for the first deposit.Nice to start trading here.
I use LimeFx for forex trading and have been impressed with the huge range of currency pairs, transparent fees and reliable MetaTrader 4 platform. I think the client dashboard and website could do with an overhaul though – they are pretty dated. LimeFx is good for day trading thanks to its very tight spreads in the ECN account, leverage trading opportunities, and access to the fast and dependable MetaTrader 4 platform.
ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. 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 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. Those looking to trade metals can choose from spot gold, spot silver, and spot palladium, all versus the US dollar or, in the case of spot gold, the euro. Crypto traders can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Monero, ZCash, Dash, and Ripple, and energies traders can trade spot US crude oil and spot UK brent oil.
I think every trader should pick the most suitable one. Good thing is that there are plenty of assets available at LimeFx, so I am sure you will find some for comfortable trading. For all of our broker reviews, we research, validate, analyse https://limefx.biz/ 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.
However, there aren’t any individual stocks to trade and there is an inactivity if you do not trade enough. That being said, I think that the broker can be a feasible option for day traders who are looking to primarily trade forex or cryptos. You get free access to the MT4 trading platforms along with educational materials and useful trading tools to enhance your trading experience further.
LimeFx has established itself as a reputable and reliable forex broker, offering a diverse range of trading instruments and competitive trading conditions. As with any financial endeavor, traders should conduct their due diligence and carefully consider their trading needs before selecting a broker. A wonderful company in which it is interesting to work and learn something new for myself. I was attracted by the numerous positive feedbacks about LimeFx.