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Forex Trading

LimeFX Review 2024: Read Before You Trade

By December 15, 2020December 4th, 2024No Comments

LimeFX broker review

Deposits are often free of charge, encouraging accessibility and convenience of trading commencement. To compensate for the smaller spreads, LimeFX’ ECN account holders must pay a commission, which begins at $2.5 per standard lot. This pricing structure is common among ECN accounts, which provide more direct access limefx scam to market prices. The in-house mobile app offered by LimeFX provides the convenience of trading on the go. The seamlessly integrated app enables users to access market information easily, live price charts, and execute trades. LimeFX provides MetaTrader 5, the latest upgrade in trading technology.

Withdrawal big amount less than 1 hour

LimeFX provides a Demo Account that mimics real-time market scenarios without any risk, offering virtual funds for experimentation. Traders create and monetize strategies within their personal domains, allowing investors to mirror these trades and share profits. This symbiotic relationship allows traders to garner up to 50% of the investors’ profit as a reward. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Deposit and Withdrawal

LimeFX does not charge any account maintenance fees or inactivity fees. The LimeFX LinkedIn page could be improved by properly scammed by limefx listing the company name. Although we can see where the offshore entities are registered and licensed, it is not clear where the company is headquartered.

Withdrawals

  1. The FAQ, which forms part of the Knowledge Base, is in-depth and covers questions relating to complex topics like copy trading and expert advisors.
  2. I like its focus on trading strategies, but I need critical educational material.
  3. My review did not uncover malpractice or fraud, and I rank this broker as a legit and safe brokerage with an excellent score for transparency.
  4. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment.
  5. This revolutionary Copy Trading Service stands as a beacon of innovation, offering a harmonious blend of simplicity, control, and flexibility for both investors and traders.

LimeFX is a global brokerage firm that offers a comprehensive trading platform for Forex, commodities, indices, and cryptocurrencies. Established in 2007, the company has built a reputation for providing fast trade execution, competitive spreads, and a user-friendly trading environment, catering to both beginners and experienced traders. LimeFX supports popular trading platforms like MetaTrader 4 and 5, offering advanced tools and features for technical analysis. The platform is known for its user-friendly interface, fast execution speeds, and advanced trading tools, catering to both novice and experienced traders. Additionally, LimeFX offers competitive spreads, leverage options, and a strong emphasis on educational resources, empowering traders to make informed decisions.

LimeFX broker review

Our last remarks on LimeFX emphasize its diverse choice of trading instruments, including forex, commodities, cryptocurrencies, and others, which appeal to a broad spectrum of traders. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

The sentiment indicator uses data from the LimeFX client base to show the buyer-seller ratio for each trading instrument. A reading of less than 30 indicates that it is oversold, and one of over 70 suggests that it is overbought. LimeFX provides a steady flow of market-moving stories via the FXStreet Newswire published on the website. Reports are focused mainly on major economic releases but also include data on key price levels from respected sources such as SocGen. In our tests for the Trust category, we also evaluate factors relating to stability and transparency.

LimeFX upgrades the trading experience via Autochartist, which includes automated chart pattern recognition and trading signals. My review did not uncover malpractice or fraud, and I rank this broker as a legit and safe brokerage with an excellent score for transparency. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Yes, LimeFX allows trading on prominent cryptocurrencies, including Bitcoin, Ethereum, etc. ✅Select “Credit/Debit Card” and enter the appropriate deposit amount and currency.

This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. LimeFX perpetually positions itself at the forefront of technological evolution, incorporating groundbreaking technologies to facilitate optimal trading conditions.

LimeFX offers a swap-free Islamic account that adheres to the principles of Sharia law. In the table below, you can see the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of maintaining a sell position overnight) for one full-sized contract. A full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair). Swap fees (the cost of holding a position overnight) were average at LimeFX. LimeFX has a long operating history of 16 years, placing it among the older forex and CFD brokers that give a positive signal.