Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. Accessing the MT4 app through an LimeFx account is also straightforward, requiring only 3 easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker. Despite offering crypto trading 24/7, LimeFx does not offer 24/7 customer support. If you are planning to trade crypto on the weekend and encounter any issues, you may only contact support on the coming Monday. If this is a concern for you, there are brokers like LimeFx who do offer 24/7 client support and crypto trading.
Not only yu can trade the majors with a…
- Our membership with the Investor Compensation Fund (ICF) is a testament to our dedication to providing an added layer of financial assurance.
- LimeFx does not have a proprietary mobile app, though MT4 can be downloaded to Android and Apple devices.
- It guarantees the security of clients’ funds by keeping customers’ money on a segregated account.
- Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions.
LimeFx advertises free VPS, supporting automated trading solutions. The service provider is BeeksFX, but LimeFx clients must have a minimum account balance of $2,500 and a monthly trading https://limefx.vip/ volume of 30 standard lots. LimeFx offers traders the core MT4 trading platform without third-party upgrades. It goes against our guidelines to offer incentives for reviews.
User Experience
Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making. These pivotal elements are foundational in guaranteeing that our clients experience the utmost transparency when accessing the FX markets. This execution model promises no dealer intervention, and no re-quotes, ensuring trades are made on prices furnished to LimeFx by its liquidity providers.
When I opened trading account with…
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. In this LimeFx review, we examine the broker across key categories, including its accounts and fees, trading platforms, and customer support, to find out how it competes with alternatives. These findings are based on our first-hand experience trading at LimeFx and take into account the overall experience for day traders. 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. New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy.
I think it’s for experienced traders only
It stands out by offering highly competitive spreads, a transparent execution model, and a welcoming environment for any trade strategy, devoid of any commission. LimeFx is one of those brokers that is committed to providing the best trading conditions possible. The spreads offered by LimeFx are incredibly tight, which means that I am able to enter and exit trades with minimal slippage. This has been a game-changer for my trading, scammed by limefx as I am able to maximize my profits.Another thing that I really appreciate about LimeFx is their dedication to providing a safe and secure trading environment. All trades are executed quickly and accurately, and their customer support team is always available to assist with any questions or concerns. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
Non-Trading Fees
I had to withdraw my money as I needed a broker with lower spreads on crosses. Nothing wrong with LimeFx, but I just had new requirements.They paid out my money without issue. MAM software can become a good auxiliary thing for those who seek for ways to broaden opportunities. Indeed, there are certain conditions in terms of dealing with this soft, but, still, it’s a good idea for a broker to diverse trading routine. Traders can make use of the MetaTrader 4 platform at LimeFx. MT4, which has helpful tools like flexible trading systems, wide technical analyses, and algorithmic and mobile trading, is offered for PC, tablet, and smartphone users.
LimeFx uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. During tests, the EUR/USD came in at 0.1 pips, which is tighter than rivals like LimeFx with its 0.6 pips on the same pair. Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD.
This app comes equipped with sophisticated charting tools, including 30 technical indicators, 9 different timeframes, and 3 varieties of charts, ensuring a comprehensive trading experience. One of this platform’s biggest advantages is its support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed. LimeFx supports trading via the MetaTrader 4 (MT4) platform.
LimeFx gave excellent conditions on trading fees to trade these. 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, 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. I’ve just started trade with LimeFx and have a plan to get a real account in couple weeks.I’m newbie in trading, but have a profitable trading via demo account.
Users will like their experience with this broker because it charges very few fees. There are no commission fees, nor is there a minimum deposit, and spreads start at 0.0 pips for some assets. These cost-saving features, combined with the 24/5 customer service, make “user experience” high on the LimeFx priority list. Founded in 2010 by a group of forex market professionals, Forex Central Clearing Corp. (LimeFx) decided to build on their vast market experience to become the most customer centric forex broker in the business. LimeFx’s main objective consists of empowering its clients with all the necessary tools to develop their trading skills while providing an unparalleled trading experience on the popular MetaTrader 4 (MT4) platform.
They have been running the business for over 14 years, so it seems they managed to add a lot of instruments for all this time. I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers. The technical support is good and it is noticeable that there are competent guys working.
LimeFx’s primary ambition is to equip our clients with the requisite tools to hone their skills and relish an unparalleled trading experience at every phase of their voyage. LimeFx provides traders with access to the widely acclaimed MetaTrader 4 (MT4) platform. Known for its user-friendly interface and robust features, MT4 offers a seamless trading experience. Traders can execute trades with precision, access advanced charting tools, and employ automated trading strategies using Expert Advisors (EAs).