I have no doubts about the execution of my orders – everything is fine, I have tested it on all platforms. Moreover, I pay big respect to LimeFX for providing an access to cTrader platform. I have already checked this out, beforehand, I traded on MT4. Trading can be hard if you have to pay attention to limefx reviews all the details at all times. That is why automated trading is such a great way to make sure that some of the tasks take place in the background, allowing you to do other things. Platform is the same as MT4, except that it has several upgrades and other features that the older predecessor does not.
There seems to be an absence of information about basic concepts of forex and CFD trading. Most other sites have a specifically designated education center, but LimeFX lacks these tools. Instead, they have a YouTube channel with some educational videos that are disorganized and difficult to find. Moreover, some videos are quite old and in need of a refresh. LimeFX does provide a glossary of CFD terms, which is not something every broker provides.
However LimeFX offer a more than substantial range of account options, all with an extensive range of instruments and a great minimum lot size of just 0.01. The broker offers a free demo accountto practise on so I would recommend trying this out, especially if you’re new to trading, to test the conditions. One should know that https://limefx.vip/ Forex trading or any other kind of trading involves high risks, and is not suitable for everyone. Premium services are also available, courtesy of the LimeFX VIP accounts. Premium accounts require clients to deposit $50,000 +, and they feature zero fees on deposits and withdrawals, and fully dedicated account managers.
- Rather than look at the MetaTrader4 /5 platforms, which have been widely reviewed, we decided to test the cTrader platform.
- LimeFX offers most of the popular trading platforms like MetaTrader 4 or MT4 platform, the cTrader platform, and even the latest MT5 platform.
- Spoke to customer service, and their answer was in situation of low liquidity, spreads are subjected to change.
You can take photos on your phone and send them immediately to the app for verification. The critical point is that you can do more than just create many accounts. In my opinion, this is the dream of every trader.
Resources Offered by LimeFX
They will answer clients’ queries as well as help them where help is needed giving them a good clientele experience. Granted access to a wide range of trading instruments. The FPA has seen evidence indicating that non-clients are being paid to leave fake positive reviews for LimeFX. Navigate to the LimeFX website, log in with your credentials, and then go to the account section. Select which one you wish to delete from the drop-down menu. Alternatively, you may reach out to customer support to assist you with the deletion process.
It also offers a few resources for advanced traders, such as Fundamental Analysis 2.0. Its videos cover topics such as Trade Habits, Currency Pairs, and Market Players. LimeFX provides a limited selection of educational materials compared to other similar brokers, but it offers a good demo account.
What I like in scalping most is that here I’m not dependent on news because I work on very short timeframes. I opened a cTrader account with this broker. I use it solely for scalping because this account comes with very low spreads. I have to pay a commission to enjoy low spreads, but it’s a normal practice with all brokers.
And if LimeFX is not good, then which is a better option? XM also looks good but I have found some negative reviews on other websites and I am not sure any longer. I just need to know of a good broker so I can withdraw my money ASAP. Good choice of currency pairs & CFDs, solid customer support, quite tight spread, good for algorithmic trading, fast deposit and withdrawal and fast execution speeds.
Even then, it does not apply to any other platform except for cTrader. They have access to the interbank market, providing you with low spreads, access to more than 3,500 instruments that can all be used to trade. The LimeFX spread, on average, is much lower. For example, the EUR/USD pair has an average spread of just 0.1 pips.
Supported Platforms for LimeFX
The site has analytics, news, trading platforms have great functionality and tools for analysis and trading. LimeFX is a solid choice for beginners with their intuitive Edge platform and good educational resources. Experienced and algorithmic traders are also a good fit for this broker, with the advanced platforms, tools and range of account types available. Experienced traders can take advantage of advanced trading platforms, competitive spreads, algorithmic trading and multi-account management.
- Clients can also create custom trade setups.
- Just waiting for a bank transfer for a deposit.
- This section is regularly updated to ensure traders are well aware of significant market changes.
- Cryptos are available on other accounts with other platforms.
- This app is a more convenient way to trade multiple financial markets from a single account.
- I cannot say much about all the functions and services which the broker offers just because I don’t really need them and I am not interested in such sort of things.
Of course, I was afraid of coming across another scam. Instead, I obtained a normal experience here. I chose this broker for algorithmic trading. Specially for this, I also opted for their VPS server. I guess that it would be foolish to let robots trade without a VPS server.
It is a well-designed, interactive course and new traders are highly recommended to take advantage of it in order to broaden their knowledge base. The courses offered do a great introductory job to trading. The MT5 trading platform is also offered for those traders who have no existing MT4 trading applications but prefer to remain within the MetaQuotes offering. Leverage is offered to all traders and depends on which asset is traded as well as on the lot size. The broker’s website has a full list of all the assets and the available leverage so that you can know in advance exactly what you’ll be getting.
Deposits are instant but can take several days via bank transfer.Withdrawals are processed by LimeFX within one working day, but may take a few days to reach your account. FREE – be aware that the sender’s bank may charge according to its own fee structure. We may receive compensation when you click on links to products we review. By using this site you agree to our Terms of Service. I have chosen to work on a regular basis with the company’s development.
LimeFX Fees, Costs & Spreads
I’m in close contact with their support, so I’m not gonna go nuts and write a negative review yet. I’ll see what will happen and will update my comment accordingly. I have to agree with you about the withdrawal of the money. Indeed, the withdrawal of money from the company is so well-organized that everything happens quickly, accurately, without any violation of time limits on the side of the broker. This app is a more convenient way to trade multiple financial markets from a single account. It’s free and requires no deposit, but it can be harder to figure out who looks trustworthy and who doesn’t.
These trading tests are the means to ensure the trader’s confidence. All the sections like basics, fundamentals, etc feature these tests such that traders are ever-prepared to face market fluctuations and uncertainties. However, still can;t understand what’s better – metatrader platforms 4/5 or cTrader?
I was sceptical at the beginning of my trading, but now I´m sure that this broker isn’t a scam. In general, execution is really good and fair. I always have a good profit and withdraw it without any problems.
Forex Brokers We Recommend
Traders can choose multiple time frames to monitor and can easily add multiple trading indicators, such as moving averages. After setting up a chart, the mobile app allows traders to easily trade from the chart, with easy trade sizing and buy and sell directional orders. The proprietary mobile trading app is LimeFX Direct that allows clients to trade on their mobile phones. The app is designed to provide most of the tools and information available on the web version of the platform.