LimeFx Review 2023 Forex trading and managed accounts

I also couldn’t find a trading glossary or any tutorial videos. You can check out Admirals for a better variety of educational resources. You are provided with the opportunity to either become signal providers or to copy signals from other traders. Signal providers are rated within the MT4 or MT5 platforms. You can choose from different traders and strategies that you would like to copy. The payable subscription fee is stated by the signal provider.

In all fairness to limefx review, account funding options is an area they really excel in. You can make deposits and withdrawal using a generous range of payment options. This includes the standard bank transfer and card payments you would expect from most brokers along with a variety of digital wallets.

As a kind of bonus, active traders receive special points, which can later be exchanged for real money, or traders can get various discounts in turn for trading terms. After studying a huge number of reviews about working with «LimeFx», we found that positive impressions prevail. Of course, some negative reviews still exist; it is probably impossible to exist without any. Many of these clients blame the broker for all of their troubles.

LimeFx Group

However, I still prefer the MT4 as I find it more user-friendly with a simple user interface. Both versions are free for you to use and available as desktop applications, WebTrader and as mobile apps. The application interface of both platforms is very similar, both on mobile and on computers. The major difference is that the MT5, being the newer version, has more features and capabilities than the older MT4.

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. LimeFx provides you with a variety of trading accounts to choose from. All accounts are grouped into either standard or ECN accounts. If you’re looking to trade on other platforms, I recommend checking out our best trading platforms list. LimeFx offers two types of execution the standard or through ECN connection, hence the charges of spread will be applicable according to the chosen method and starting from 0.0 pips.

Trading In The Market : Some…

Binary options (reviews of options trading can be read below) with a broker create an opportunity for 30 second transactions. The company is the winner of the FINANCE MAGNATES AWARDS 2015 and has the title of «Best Binary Options Broker». The advantage of options is that it is easy and affordable, transparent and reliable. Binary options with «LimeFx» (traders’ reviews can be read below) provide a quick start in one of the most promising markets. So I did put through complaint and it couple of weeks to get an answer.

Research and analysis section is just great, https://limefx.club/ is good for beginning traders, also provides automatic trading and participates in various projects. 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. Traders make their decisions based on the analysis of all factors that can affect prices; allowing them to work out precisely in which direction prices are moving.

LimeFx Alternative Brokers

I really enjoyed their cash back program, but it got progressively worse as the years passed. I had some trouble withdrawing money that left a bad feeling after working with them. From a 775$ withdrawal they kept 78$ between them and their Armenian bank. As per FCMC regulations, the registration process for Latvian partners has been altered. Partners residing in Latvia are now required to be exclusive Tied Agents. For clarification or questions about this requirement, please contact us via email or live chat.

The courses will teach not only the basics of Forex but also different methods of analysis that will give some unique insights, how to avoid common pitfalls and minimize your losses. Which is very active compared to other brokers, also we see along the history of operation Broker received numerous awards and constantly participates to recognition which is good for safety reasons too. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Their PAMM LimeFx system ( a kind of copy trading ) has NO STOP LOSS and NO TEMPORARILY QUIT! It means you may lose all your fund in a couple of hours. This is a very bad point.Additionally, their user menu is a bit complicated and confusing I think.

Broker Information

In addition, for sure, there are some negative reviews from the competitors. Becoming a client of the company is very simple; just fill out the form on the website. It will be possible to start trading immediately after adding a deposit to the trading account, and the minimum amount is only one dollar. minimum deposit amount starting from $5 and moves on further from 20$ and 500$ respectively for ECN accounts, which is quite a good Proposal overall.

This is an all-around LimeFx platform for mobile use. All deposits and withdrawals may be managed on the go, and updates on the broker’s products are instantly available. The system works on iPhones, iPads, and Android devices. LimeFx is an online brokerage firm with a global client base, range of flexible trading platforms, investor accounts and trading tools. However, regulation could be improved as could the number of trading instruments offered.

What is LimeFx?

Since they don’t offer crypto trading, you could check out Vantage for your crypto needs. With a mission to ensure your safety, LimeFx offers instant executions, competitive spreads and modern trading technology solutions. I found the trading conditions to be acceptable although there are better forex brokers out there from my experience. Evaluating the «LimeFx» broker in general, it should be noted that the company is one of the oldest, largest and most reliable. Seventeen years of experience in the Forex market morphs into excellent customer service. The required starting deposit is not so high, and even in the promotional periods can often be only a few dozen dollars.

You can take part in our courses online from the comfort of your own home. For novices who have just taken their first steps onto the Forex market, we recommend enrolling on one of our educational courses. The courses will teach you not only the basics of the foreign exchange market, but also methods of analysing it and how to avoid common pitfalls. More than 2,000,000 traders are already investing with LimeFx. Due to a migration of services, access to your personal client area is temporarily disabled. Choose to work with a brand that serves more than 2 million traders worldwide.

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 LimeFx. The minimum deposit required is relatively low at just $5 and free demo accounts are also available if you want to give them a try before making a commitment. MetaTrader platforms and the broker’s own software ensure smooth access on any device, and support is a click or a tap away. These benefits, along with easy deposits and withdrawals and tight spreads, mean that LimeFx suits the needs of most traders.

My withdrawal application failed several times

Get cashback for trading, topping up, and many other common account operations. To find out what exciting offers are available, go here now. We know how much you care about your money – that’s why we have a wide range of options for you to manage it.

However, all options for cash withdrawal can be found on the company’s website. By the way, the best recommendation of the company is a great amount of customer reviews, which are posted on different Internet resources. The vast majority of these reviews describe the «LimeFx» withdrawal process as smooth, but when there are delays or difficulties, the reviews often refer to the banks or payment systems.

• On the other hand, the commission can be viewed on the commissions page.
• In addition, LimeFx is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.
• The advantage of options is that it is easy and affordable, transparent and reliable.
• Rates, terms, products and services on third-party websites are subject to change without notice.

They even support cryptocurrencies which not many brokers do. 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. «LimeFx» is a broker (you can read reviews about the company below) that has achieved such amazing results due to the fact that it always works for the convenience and comfort of its customers.