As such, the question of LimeFX’s benefits imposes itself. Spreads vary depending on different trading accounts. The Silver account offers the spread of 1.6 pips on EURUSD, 2.1 pips on GBPUSD, and 1.9 pips on AUDUSD. The Gold account offers a narrower limefx spread condition, with 1.4 pips on EURUSD pair, 1.9 pips on GBPUSD, and 1.7 pips on AUDUSD. The platform offers very simple navigation and traders can use either the simple search tool or can browse the category list to move around the website.
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The available platforms are Meta Trader 4 (the go-to platform of many pros) and WebTrader powered by Panda Trading Systems. The latter doesn’t need any download, thus you can access it from all over the world, even if you don’t have your personal computer with you. On the other hand, Meta Trader 4 requires a small download and installation but in return, you will get lots more features and a professional-looking platform .
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The Mini-VIP account requires a deposit of $10,000 and offers the additional services of 24-hour support and exclusive updates. The VIP account requires a minimum deposit of $20,000 and offers the additional services of Daily Market Reviews and Personalized Updates from their market analyst. The Mini-Premium account requires a deposit of $50,000 and the Premium account one of $100,000 but they offer nothing more than the VIP account. This is the highest level of account types for professional traders. They receive all the tools they need to make successful LimeFXs.
As you can see the number of accounts is not too big nor too small for a Forex broker. What we want you to look at is the $250 account which might look like a different minimum deposit than we’ve mentioned, but it’s literally nothing. The whole meaning behind a basic account is that a beginner needs to be using it, meaning that he needs to have access to all the reviews, courses and information he can get his hands on. LimeFX FX brokerage is completely aware of this and therefore has hidden this behind the $5,000 account in order to urge new traders to go straight for it. This web-based trading platform allows traders to access directly their trading dashboard without downloading or installing any additional software or plugin.
Claim your profile to access Trustpilot’s free business tools and connect with customers. We deal over the phone most of the time for trading instruction but I never had any problem following. I got in touch with LimeFX, made a deposit, but decided to not get into the market. I got my money back, but after that I have gotten more than 100 phone calls from different number over the last 30 days.
Apart from 24/5 access to the customer support, LimeFX also provided their customers with education tab on the website. This way, traders can access all the educational videos, webinars and articles through the academy created just for the traders. LimeFX provides a great variety of options when it comes to assets you can trade.
The broker’s exact address is 56 Griva Digeni Avenue, AnnaTower, First Floor, 2063, Limassol, Cyprus. ForTradeis a popular Forex broker that is licensed in the United Kingdom by the FCA,look here. No bonuses and promotions are https://limefx.club/ offered as this is not allowed under Cypriot regulations. Our research has shown that LimeFX is a reliable, secure, and regulated broker. Depending on which type of account the trader uses, commission rates will be fixed.
Smooth withdrawals, great selection of trading assets, affordable pricing, and great services. I’ve got no complaints at all for the past six months. Last but certainly not least, the deposit and withdrawal methods are quite quick, and there’s a good number of options. You’re quite likely to find the card or e-wallet method you prefer. On top of that, client funds are held separate from the firm’s, so even in fringe cases, such as bankruptcy, your funds are secure.
The only differences are somewhat expanded services as the account minimums are raised, and most importantly, lower average spreads on the account types with higher minimums. A relatively high maximum leverage of up to 200 to 1 and negative balance protection are offered on all accounts. Leverage of up to 10 to 1 is offered on individual stocks.
The traders will find the next account type more serious and offers more options. Once again we have found out about a broker and are diving headfirst into its regulations and services. Please note that these types of reviews are what should be guiding you through your journey of trading.
The platform is just a typical generic trading platform, so it is extremely easy to use and navigate, while simultaneously providing a wealth of advanced features and tools. LimeFX has an educational offering on their website, in the form of “Market News” and “Academy” sections. “Market news” offers a range of daily and weekly market analysis, and current, up-to date news items covering major market developments in near-real time. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers.
LimeFX offers traders the flexibility to choose from mobile trading tools, web trading tools, and the market-leading and highly regarded MT4 trading platform. In order for you to start trading on this platform, you need to dedicate $5,000 from the get-go. This is a huge amount to be asking up-front for a company that is not very trusted. If you are a beginner LimeFX is a way too big commitment for you and we would advise looking somewhere else. Overall LimeFX looks like a trustworthy brokerage , with a good choice of platforms and satisfactory educational material that includes platform tutorials and trading strategies. However, the high deposit requirements may keep a lot of traders away unless they go for the minimum deposit ($250), which is the average for the industry.
In general, the older the website the more trustworthy it becomes. However, scammers sometimes buy existing websites and start doing their evil thing, so please make sure you check for other scammy attributes as well. Most companies claim the name of their website for only one year in advance.
It allows traders to see real-time currency exchange rates, adjust or open orders, and perform technical and fundamental analysis. On our website, we always try to make our content relevant and accessible to everyone. However we put in just a bit more effort when it comes to being very helpful for beginners, therefore this LimeFX review can be looking like a rookie guide.
What I really like about this broker service aside from being profitable is that I can easily trade on multiple markets on my account. I wish they have demo account for no experience traders like me. As we already know, customer support is an important part of a huge number of traders. The traders usually want to know a lot of information and get educated about the product.