At first glance, LimeFx’s website can look quite confusing compared to other brokers. That’s because it doesn’t follow the usual layout and opts for maximum efficiency instead. You can already see a lot of the information you want to know on the broker’s compact landing page. On top of that, there’s a quick registration bar on the side that quickens the signup process.

Most traders will pass verification after submitting a copy of their ID and one proof of residency document. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. At the moment, LimeFx does not actively provide any bonuses or promotions. If you are a trader who only needs a basic platform and trading features with the best attributes, then LimeFx can be your best choice.

What is LimeFx Social Trading?

Demo trading does not provide exposure to real trading psychology and can create unrealistic trading expectations. Here is a screenshot of LimeFx fees during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. The platforms are accessible for desktop and webtrader via Windows, Mac, Linux, and also available for mobile devices. It is important to note that the information provided in this review may be subject to change due to the constant updating of the company’s services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

• Came 2 days ago, greeted with a change We just know that after some LimeFx, if you want to fix any system, you can fix it.
• The Trader’s Calculator tells you all the basics you need to know about your trading positions.
• Yet, LimeFx does not offer very wide range of trading instruments, also is limited to propose European trading, since changed its licenses and mainly operating via international entities.
• Last but not least, the broker ensures the security of traders’ funds by segregating its clients’ accounts from corporate funds.
• But after we received a reply email from LimeFx expert backyard LimeFx couldn’t set the sl below 30, it’s too coincidental as if LimeFx expert could fix everything he wanted.
• LimeFx’ customers can enjoy trading a range of the world’s most talked about financial assets, including forex, energies, cryptocurrencies, metals, indices and stocks.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. It is delightful to hear such positive words and it’s always a pleasure to serve our users. LimeFx received numerous awards for various aspects of its competitive trading environment. This broker has also been regulated
by
FSA (Seychelles), CBCS (Curacao), FSC (BVI), FSCA (South Africa), CMA (Kenya), FCA (UK), CySEC (Cyprus) and ESMA. In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information.

LimeFx Alternative Brokers

With Traders Calculator, the customer will get an accurate check on the cost of the transactions. The trader’s calculator aids in evaluating the basic values of the trade that they want to open. This includes pip value, margin, swap long, volume, swap short values, as well as lot price.

Each instrument has its fees based on these overnight or rollover positions. LimeFx is a reputed International Online Forex Brokerage Firm that focuses on providing retail foreign exchange services, partnerships, and corporate solutions throughout the world. This stock brokerage firm was founded by Igor Lychagov and Petr Valov in 2008. It renders services through its registered offices in Cyprus, the United Kingdom, South Africa, Seychelles, Curaçao, British Virgin Islands. Offices located in Cyprus and the United Kingdom do not provide services to retail clients. Earlier in our LimeFx broker review, we briefly spoke about how the firm has a different account setup than most.

Is scalping trading allowed on LimeFx?

The LimeFx Standard Cent Account is the best account, to begin with, because it has good prices, good execution, low spread, and low volatility. It can take anywhere from one minute to seven business days, with no commission. As we said, the broker holds multiple licenses from different regulators. Nowadays, it’s somewhat uncommon to see a broker with one, so more than that is definitely an achievement. The two that stand out are from the Cyprus Securities and Exchange Commission (CySEC) and UK’s Financial Conduct Authority (FCA). Many consider them to be some of the strongest licenses a broker can hold, so LimeFx is definitely off to a good start.

LimeFx also has 100+ Forex pairs to trade, many more than most other brokers, and a great range of trading platforms and tools. DailyLimeFx 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. 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.

Compare Brokers

Articles related to educational content, comparative analysis of different trading places, and other financial instruments can also be found. All the blogs are well researched and written by experienced trade analysts, blog writers, and technical limefx company reviews specialists. When it comes to deposit and withdrawal options, it is interesting to know that the investors’ funds are processed with immediate effect. This is to help investors in transferring their money to and fro without any hassle.

The Standard accounts are suitable for beginners, while the Pro accounts may appeal to more experienced traders. LimeFx is an excellent choice for Forex traders, with 97 currency pairs, complemented by 34 cryptocurrency pairs. Equity traders get 98 blue-chip names, while 13 commodities and 10 indices complete the asset selection. Non-Forex traders have sufficient trading instruments, especially for strategies that require fewer but highly liquid trading instruments, like scalpers.

Trading Instruments

The system organizes the client’s orders in a way that it compares pricing with the providers connected to the aggregator and strategically executes the orders for the best prices. Both novice and expert traders can use the vast training center with a library of trading resources. The academy allows them to explore a wide variety of new trading techniques and check daily market surveys with the resources provided. As opposed to people’s limited knowledge of stock marketing a few decades back, we have seen a new rush in the world of LimeFxs. Thanks to online broker systems, which have opened up financial trading to more customers and attracted more investors than expected.

LimeFx provides free Demo account and quite quuality education materials, along with up-to-date financial news from Dow Jones, educational materials and Web TV with the latest updates. So we can concludie that LimeFx indeed is suitable for beginners, also platfroms are customer friendly making options eeasier for newbies. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. For the purposes of the review, we tested the live chat service and email.

There’s no Better Broker than LimeFx.

The Help Center attempts to answer the most common questions, while live chat offers the most convenient method for non-urgent matters. I like that LimeFx provides phone support, which is ideal for emergencies. LimeFx is regulated by
FSA (Seychelles), CBCS (Curacao), FSC (BVI), FSCA (South Africa), CMA (Kenya), FCA (UK), CySEC (Cyprus) and ESMA. As a result, you would have to manage your portfolios from a sub-standard trading platform, unless you invest in certain upgrades. This can be quite a hustle for advanced traders who need various tools to complement their trading.

In addition, LimeFx also offers its own trading platform, LimeFx Trader, which is available on the web and mobile devices. The LimeFx platform offers an intuitive and easy-to-use interface, as well as a https://limefx.group/ wide range of technical analysis tools and resources. Clients can customize the platform according to their needs and preferences, and can also access the automated trading feature through LimeFx VPS.

• The company is regulated by the top financial authorities, including the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC).
• The Pro account is an account that can meet the needs of experienced traders.
• Lastly, there are two platforms, the MT4 and MT5, so you can pick the one you prefer.
• The payment options including the possibility to use either method so you can always choose a suitable one.

A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others. LimeFx is a leading forex broker founded in 2008 in St. Petersburg, Russia. The company is based in Cyprus and is regulated by the FCA of the UK, CYSEC of Cyprus, FSCA of South Africa and FSA of Seychelles. The multiple regulation demonstrates its commitment to transparency and security of its clients’ funds. To provide utmost security to the users, LimeFx has implemented a 2-factor authentication protocol to protect login details.