LimeFX Review 2022 Detailed Information about LimeFX Forex Broker

The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website. I will give them all five stars simply because they are completely outstanding in some aspects that matters to me. Fast deposit&withdrawal, responsive customer and smooth execution.

We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information. In addition, always consider overnight or swap charges as trading costs, since there is a fee in case you holding open positions overnight. Leverage is a quite known instrument, which obviously increases the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly. However, always note that high leverage can work in reverse too. We use dedicated people and clever technology to safeguard our platform.

LimeFX broker reviews

LimeFX has many interesting pros and cons, so is their platform all it’s said to be? It is evident from the insightful LimeFX review that the LimeFX bring an up-to-date interface of high standards. It is highly suited to the trading needs of traders and investors irrespective of how much trading experience they possess.

Their outstanding variety of resources will be beneficial for the majority of traders. Our full LimeFX review for beginners covers everything you need to learn about trading via LimeFX. A fantastic broker can use your initial LimeFXs and help to protect it from losses but also provide you a platform that can help to provide you favourable profits.

Although, they do provide free demo accounts if you want to get a feel for what they have do offer before opening a real account. Forex traders can extract the richest profits from the world forex market by trading through their MT4 platform accounts with https://limefx.name/ the forex brokers and other brokers of LimeFX. If you’re looking to break into forex trading though, LimeFX is a good opportunity as it offers a no-nonsense, streamlined approach to the market and its commission and fees are fairly competitive.

Is LimeFX a good broker?

The chart below shows the average spreads available for major forex pairs. As you can see, LimeFX fare poorly compared to other leading forex brokers with similar style accounts such as LimeFX, LimeFX and FP Markets for major pairs such as EUR/USD. LimeFX are is one of the few brokers that offer ECN pricing to forex traders in the UK and US when using the MetaTrader 4 trading platform. Traders in the US, however, will trade spot forex, not CFD forex. LimeFX are best for serious traders since minimum deposits start from $2,000 which is quite high. LimeFX offer a range of markets to trade, which could be considered basic by the standards of many major brokers in the industry.

It is also necessary to check the availability of tools and technologies as manual trading without research tools is often inaccurate. The MetaTrader supports market, limit and stop orders, along with multiple types and multiple instruments that allows potential successful analyses of the market. A complete charting package built-in with indicator libraries that can be fully customized. In addition, to automate the trading experience the software provides the ability to import EA signals for order execution.

Pro’s & Con’s Of Trading With LimeFX

It is very easy to make deposits and withdrawals in the account on LimeFX by various payment methods. The broker platform allows users to make transactions via bank transfer, Union Pay, Skrill, MasterCard, and VISA. One does not need to pay any additional fee for making deposits via bank transfer. As for the customer and support services, LimeFX remains on hand with any issue or question you may face while trading or planning to open an account with the broker.

LimeFX broker reviews

One of the best platforms, plenty of willingness to serve/assist the client and professionalism in general, as it suppose to be with a USA Compny. Before every account is opened, the broker will take time to verify each client using ‘Know Your Customer’ procedures. The documents allowed include a ‘photo identity’ and a recent ‘utility bill’. I like this security feature as it helps to prevent any fraudulent activity. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulations

You might be satisfied if you are primarily looking to trade forex, but I think they could add some more instruments to cover a broader range of markets. Cryptocurrencies are available limefx website only to Professional categorised clients but not available for trading during the weekend. ATC Forex offers lessons in forex trading that apply to both experienced and novice traders.

  • Before trading Forex or any other financial tool one should be aware of the risks, know exactly his LimeFX goals and limits and acquire a fine level of risk understanding and risk management.
  • Between 74-89% of retail investor accounts lose money when trading CFDs.
  • Leverage is a quite known instrument, which obviously increases the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly.
  • He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally.
  • After taking a thorough look at LimeFX, our review team found that the platform has its good points and bad.
  • ATC has some of the lowest and best commission rates out there for Forex trading.

LimeFX is a member of the Financial Services Compensation Scheme . I like this scheme as it can give eligible clients some extra protection. However, I recommend going through the terms and conditions as they’re pretty specific on who is eligible for this compensation. Ability to set a pre-determined stop equity loss on each account to limit the level of risk. UK-based Forex firm LimeFX Limited recently posted its financials of the fiscal year 2021, ending on April 30, showing a slight increase in profit. However, if you use ATC for crypto trading, you’ll have access to popular digital coins like Bitcoin, Bitcoin Cash, Ethereum, Ripple, and Litecoin.

MetaTrader 4 (MT Desktop Trading Platform

This in-turn causes the incorrect painting of candles as noted above for several months during the year between November and March. I could easily put together a list of legitimate brokers that make adjustment to their Market Watch time in November and March to correct this issue. But unfortunately, I cannot use most of the brokers on that list because I’m a US citizen! You better believe that the parent broker used by LimeFX is very much aware of this problem!

LimeFX – Analysis of Brokers’ Main Features

Whilst trading forex is becoming ever more popular with improved access to trading platforms and brokers via mobile technology, it should be pointed out that the market is complex and highly speculative. It is therefore important for LimeFX USA account holders to ensure they have a firm grasp of how forex trading works before committing funds. LimeFX has partnered with Beeks Financial Cloud to provide clients with powerful Virtual Private Server solutions. Beeks is a British low latency VPS provider that serves the financial markets. A VPS is normally demanded by traders who use automated trading systems that require constant and reliable connectivity. I really like a VPS as it allows you to run your trading platform 24/7 without needing your computer switched on.

But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000. I read an article on as regards to a recovery expert and genius so I reached out to SCAM RECOVERY SITE, and to my surprise I got all bitcoins recovered within 24hours frame. I don’t know if I’m allowed to share the links on here but you can contact them if you are finding it very difficult to withdraw your funds at, Scamrecoverysite at fastservice dot com All thanks to them. ATC is still my preferable broker, ’cause I like its fast order execution speed. Besides, the spread and cost is really low and the liquidity is very good. I chose a relatively conservative strategy because I didn’t want to take risks, so I got 15% profit.

LimeFX offers basic tools and multiple instruments for the fundamental and technical market analysis of the financial markets. It also provides the PAMM and PAMM Plus applications along with import EA signals to the trader signed into the platform to manage multiple trading accounts for trading forex and other products. The broker platform of LimeFX allows new traders to open a demo LimeFX account and then conduct demo account trading for 60 days without making any capital LimeFX. The demo account provides traders with access to live fx market prices and enables them to place simulated trades in a risk-free market environment.

If you are finding all of this a bit confusing, check out our guide to commissions and spreads in the forex market to simplify it down, and help you understand forex fees better. I am happy to say that, as I tried to find my trading niche, I have done all types of trading with ATC. I have had no problems with execution and customer service is prompt, professional and clear.

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