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LimeFX Forex Broker, LimeFX Review, LimeFX Information

Published on 19 Jan, 21 by Raja Shazli

There is a small number of contracts for trading gold and silver – with potentially more to be added – but ultimately, for US customers ATC is just a forex trading platform. This can have its advantages of course – especially for novice traders who don’t want to be limefx website swamped with information right off the bat. However, experienced traders with diverse LimeFX interests will more than likely need another platform. If that platform happens to offer a good forex service, it’s difficult to see why they would need to use ATC.

However, clients can download the MT4 trading app from the respective App Store and use them on their mobile phones and tablets. While the mobile trading app comes pre-loaded with more than 30 technical indicators, traders can also access real-time data for effective market analysis. Despite having fewer features as compared to the desktop version, the mobile trading app can sufficiently cater to the trading needs of on-the-go users. Not to mention, the mobile trading app can limit traders to perform effective technical analysis due to small screen resolution. Being a multi-regulated broker, it is best for risk-averse traders.

LimeFX broker reviews

TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide LimeFX advice, offer or make solicitation of any LimeFX products. There is a decent selection of funding options for deposits and withdrawals.

LimeFX Review: Conclusion

Engage in live trading with the help of the registered brokers of the company after depositing funds in the account. Get in touch with the brokers and the customer service team for help with trading and LimeFX. Consumers choose the assets for trading and set the interface of the platform with the parameters of their choice to conduct business in your styles and preferences. The trading platform also provides an impressive array of custom software solutions for various trading purposes, including institutional trading and liquidity services for professional traders. If you seek to conduct online trade and LimeFX in a wider range of financial instruments, then read the LimeFX review and sign up with the platform today. The broker doesn’t have a proprietary mobile trading app to offer.

One may open fully customized corporate, joint, and individual retail investor accounts at LimeFX. The corporate account is for companies and the individual account for solo traders and retail investors of bigger financial position. LimeFX accepts various payment modes and allows the trader to conduct the minimum required deposit and withdrawal of funds directly between the platform and the bank account. If you are new to the platform, then it is advisable to open an account with the proprietary broker platform of LimeFX safe. Enter the initial deposit amount in the box provided in the form to complete the registration process. Forex trading is allowed from Sunday to Friday, whereas trading in precious metals is restricted to weekdays and Sundays.

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. However, an international withdrawal fee is charged with €30, $40, or £25 depending on the currency your account is based in. The minimum initial deposit with this brokerage is $5,000/£5,000.

  • I did some very expensive, both money and time wise, MT4 broker research at the time and found them to be the best.
  • There are more than enough tools to create trading templates for your charts as simplistic or complicated as you need them to be.
  • For other brokers and markets, take a look at both our Ellevest review & LimeFX review USA resource pages.
  • LimeFX offers a variety of account types to meet the needs of both experienced and novice traders.

This makes LimeFX an excellent choice for active traders who make a large number of trades. In addition, the company provides a mobile app that makes it easy to trade on the go. The selection of tradable instruments is relatively limited, and the customer service is not as responsive as some other brokers. Overall, LimeFX is a solid choice for active traders who are looking for low fees and a mobile-friendly platform. To continue providing such state-of-the-art services, the platform needs to impose fees LimeFX and charges upon the clients.

To trade Forex, traders engage in the forex trading of major forex pairs, minor forex pairs, and exotic forex pairs of competitive prices and narrow spreads at low forex fees. One need not pay any fee for withdrawal via credit and debit cards. The company processes withdrawals within a couple of business days after closing the trading process. However, it seems from the LimeFX review that the broker platform only accepts bank transfer for transactions in recent times.

I like how it focuses on economic activities, currency pairs and other assets along with recent price action. I also appreciate how the news section is updated frequently; sometimes up to 20 times per day. This means you can keep track of the latest market movements which can help with your trade decisions. The LimeFX MT4 platform can be downloaded for desktop, run directly in your web browser and be accessed through the modern trading app. I use the desktop platform for running automated systems and the mobile app for checking my trades and the latest market news whilst out and about. If you are a beginner, then I think this platform can be a great place to start.

LimeFX USA Customer Service

In CFD Rollover, the traders of LimeFX allow the CFD contracts to rollover automatically to the subsequent liquid contracts prior to the expiry of the current contract. The process of CFD Rollover refers to the switching transition from the contract of the current month that is almost about to expire to the contract of the next month. Some of the financial instruments that depend on futures CFDs are rolled over at regular intervals. The CFD rollover allows clients to maintain their present open position in the subsequent months. 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. Haven't noticed any performance issues in regard to trading - would recommend them to anyone who is looking for a broker.

  • LimeFX is an experienced trader that has been in the spread betting industry for 13 years.
  • The clients of LimeFX are charged with inactivity fees if they do not conduct any buying or selling transactions for six months in a row.
  • However in order to carry out the above purposes, we may use third parties and their facilities outside the Cayman Islands.
  • You can get around this by ensuring you make at least one trade within that period.
  • The minimum required deposit for LimeFX is 5,000 USD or the equivalent amount in GBP or EUR.

The company range of products is average considering the experience they have had in the industry. They need to re-engineer their products such as account types, trading platform and so on. In conclusion, LimeFX is a great choice for experienced traders who are looking https://limefx.group/ for a reliable and user-friendly platform. The company offers a wide range of features and tools, as well as competitive spreads and excellent customer support. Overall, LimeFX is a great choice for those who want to trade with a trusted and well-established broker.

Besides the payment transaction charges, LimeFX charge a dormancy fee for an account that has had completed trades for a continuous period of 6 months. The fee is the lesser of 50 units of account currency or the account balance. LimeFX allows Expert Advisors automated forex trading on the Metatrader4 platform. ATCBrokers.com provides MetaTrader 4 software which is the best Forex trading platform according to reviews. No, LimeFX accounts include paying of swaps and therefore LimeFX does not provides Islamic trading accounts.

How is Covid-19 Influencing the Forex Market? 📈

You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. Users can apply for an account online by sending personal information and proof of ID. The application is subject to LimeFX review, and after approval they are able to fund their account and begin trading online. LimeFX offers phone and email customer support to its clients to attend to any questions or concerns clients have when trading online.

  • In addition, LimeFX develops a range of solutions for various trading purposes including liquidity providing and institutional trading, as well vast opportunities for professional traders.
  • When compared to similar brokers a viable alternative broker choice toLimeFXisLimeFX.
  • The platform indeed suites any trading style and can be accessed throughout all devices including desktop, mobiles and tablets.
  • One does not need to pay any additional fee for making deposits via bank transfer.
  • One may even receive personal assistance by paying a visit to the head office of the firm at 1 Fore Street Avenue, London.

They are headquartered in the US and are a member of the NFA and the CFTC. All reviews represent only their author's opinion, which is not necessarily based on the real facts. Forex is traded in ‘lots’ – with a micro lot consisting of 1,000 units of currency, a mini lot being 10,000 units, and a standard 100,000 units.

Our Broker Review methodology

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. LimeFX is a financial intermediary that provides trading services in forex and CFDs. In addition to the ECN trade execution model, the company offers a user-friendly trading platform, making it more suitable for newbies. While the product range of available financial assets is limited, the broker does not have a copy trading facility either. In this piece, I review various products and services offered by the broker in detail. LimeFX have two types of accounts; individual account and a Joint/company account.

The FCA is a national body that aims to protect consumers with stringent regulations to set high standards and protocols for firms operating in the financial industry. MT4 has also been optimized for mobile devices and the app can be downloaded on IOS and Android devices. The mobile offering provides seamless trade-execution on the go with a good selection of charting and indicators.

We want you to know that ATC will not give, sell or rent your personal data to third parties so they can market their services to you. No, LimeFX is not a scam is a company established in UK and authorized by the world respected regulatory body Financial Conduct Authority. While, the FCA regulations protect customers while conducting the brokers to follow strict rules of operation, education, execution and provide safety of the clients’ funds. Any trader signed with a FCA regulated broker can be assured broker operates in full compliance with high standards and can be trusted.

LimeFX broker reviews

There’s also numerous articles on forex, day trading and CFDs, not to mention a demo account. LimeFX provides the MT4 trading, which is one of the most popular for forex/CFD traders and brokers. It has existed since 2005 and has lasted because of its clean interface, myriad of tools and particularly, its ability to to support other apps, which heightens its capabilities.

The customer support options are adequate and match the industry standards. The representatives are polite and prompt to get customers solutions to their problem. While options such as live chat and phone support are instant, email support may take a while. However, you will get you queries answered before two business days. The information provided by LimeFX on their website about their deposit and withdrawals is accurate and there isn’t any discrepancy about their transaction.

Margin is the amount of money you're willing to put down as collateral for a position. This gives traders more leverage when they trade, which can be useful if there are opportunities in certain markets where prices don't change very much scammed by limefx from day-to date or week over time . It's important that this plus any capital gains remain covered by whatever deposits have been made into an account since those Bitcoins were purchased - otherwise taxes will need paying on them.

I like this security feature as it helps to prevent any fraudulent activity. Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.

Baxter-FX Fees and Spreads

Experienced and novice traders would comfortably use MT4 without much trouble. There are a lot of videos and guides available on the internet on how to use MT4; furthermore, the platform itself has a nice interface, menus and shortcuts. It is also obvious that an LimeFX open account is somewhat limited. Whilst in the UK and abroad, ATC offers trading in CFDs, this is not currently offered to American customers – probably down to Uncle Sam’s tighter trading regulations.

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