Compare LimeFX Vs LimeFX: Which is the Better Forex Broker in 2023?

You can easily view your profit/loss balance and the commissions you paid. However, we missed the usual search function where you limefx official site can type the name of an asset manually. An instant order means an order to trade at the price that appears in the quotes flow.

We recommend LimeFX for those who are interested in CFD and forex trading and appreciate a quick and hassle-free account opening process. On the plus side, opening an account is fast and takes place fully online and there are a lot of free deposit/withdrawal options. LimeFX has great customer service, with many languages supported.

LimeFX Reviews: Conclusion

We also ensure all reviews are published without moderation. 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. Registration https://limefx.club/ may not be necessary to access the educational courses, however, it is mandatory for the webinars and events. Upon registration, which entails creating a LimeFX user account, the account holder is provided access to LimeFX’s YouTube channel.

Although if you are withdrawing funds via card, you can only withdraw as much as you have deposited via the card, while withdrawals by bank transfers have no maximum amount. You can have a swap-free Islamic Account on LimeFX as a retail or professional client by sending an application to customer support via email. You will be required to submit some documents before your application is approved. This account requires a minimum deposit of £1,000, the minimum trade size is 0.01 micro-lots with market order execution. You have negative balance protection with this account, which means you cannot lose more than the amount of money in your trading account if a trade position is unsuccessful.

LimeFX Customer Protection

We agree that LimeFX
is a top-rated forex and CFD broker and would recommend them to any trader
looking for a pleasant experience and competitive spreads. Placing orders was
a breeze, and so was adding analysis tools to the charts. This makes the
platform suitable for both new and experienced traders. LimeFX offers a variety of video courses and articles for beginners and advanced traders. On many forex broker reviews, LimeFX ranks as one of the best forex brokers for beginners and cTrader users. LimeFX is rated “excellent” on Trustpilot with a 4.4 rating based on 321 reviews.

• LimeFX charges no withdrawal fees in most cases, but there are some exceptions.
• Besides that, there is a quite thorough guide to technical analysis available at Trading Central.
• LimeFX online webinars take place several times a week and can be attended live by registering an account.
• They recently introduced CFDs on sought-after asset cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
• Demo accounts can be used to test any
  of the available platforms and come with up to $500,000 in virtual funds.

Only clients of LimeFX Financial Services Limited may fund in ZAR. Only clients of LimeFX Global Markets Limited may fund in JPY. This LimeFX broker review further explains all you need to know about this broker.

LimeFX Pros and Cons

Tons of customers around the world and general reviews bring the understanding that LimeFX achieved sustainable trust in the industry and gained the highest ranks. LimeFX has a long history of operation and is a heavily regulated Broker with an excellent reputation. The account opening is easy, and there is a great range of trading tools and user-friendly software.

Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker. LimeFX’s trading tools are average compared to other similar brokers, but it provides access to Trading Central, a world leader in technical and fundamental analysis, and a VPS service. Overall, LimeFX’s trading platform support is one of the best in the industry. In addition to its excellent Metatrader offering, it provides cTrader and a proprietary platform that are generally easier to set up and use. Similar to MetaTrader 4, MT5 is available via web browser for both Windows and Mac.

Trading accounts of LimeFX

This could take a couple of minutes to complete the registration process and
download the clients’ preferred trading platform. The MetaTrader 5 account is for those who want to use the popular trading platform’s latest generation. This account offers market execution, and variable spreads starting at 1.41 pips on the EUR/USD, averaging at 1.65 pips, which is wider than other similar brokers. All fees are included in the spreads, and no commissions are charged. LimeFX offers the full suite of the MT4 as well as the MT5 trading platforms.

Leverage specification at LimeFX offers a dynamic forex leverage model with various levels as the regulatory requirements of a particular entity set and obliged broker to follow. Hello,
i invested 1,000.00 euro and after 7 days of trading LimeFX refuse to sent my profit. In my point of view this company can’t be trusted anymore
please help me at least recover my 1,000.00 euro i’ve invested. Clients can access the FAQ section by clicking on the “Support” tab on the broker’s website. LimeFX also charges withdrawal fees, which vary depending on the withdrawal method used.

LimeFX UK Education and Research

LimeFX offers multiple payment options for funding clients’ accounts and also for withdrawals. The deposit fee may vary based on the type of payment option. LimeFX accepts most of the popular currencies for deposit methods including EUR, USD, GBP, AUD, JPY, among others. VIP trading accounts have many offerings like larger trading volumes, unrestricted access to VPS, etc. The commissions are also 30% lower for cTrader platform account holders, and clients can also expect up to 30% on market spreads.

• If you are looking for a broker to trade with, I advise you to stop at LimeFX.
• While card deposits are credited to your account within 10 minutes while it can take up to 3 business days for bank transfer deposits to be credited to your account.
• However, AML/KYC compliance is a mandate for executing real-time trades or demo trades.
• The account opening process is fast and simple, and the broker’s website is easy to navigate and contains up-to-date information about the company and its trading platforms/conditions.
• The LimeFX Wallet makes intra-account transfers quick and easy, a great customer support team stands by if needed and LimeFX has collected over 80 industry awards for its services.

They also participate in the Financial Services Compensation Scheme (FSCS), which allows clients to claim compensation in the event LimeFX were to become insolvent. LimeFX has an educational page providing beginners with content to learn about trading, CFDs, finance, and other topics relevant to the company’s offerings. LimeFX also has an advanced education section for those who already know the basics. For more content, their YouTube channel also has a short educational playlist. LimeFX also provides a glossary of CFD terms, which is not something every broker provides.