LimeFX Review 2024: Pros & Cons

LimeFX inceleme

We’re thrilled you’ve had such a positive experience with our team and services. Your offer to collaborate with us, especially in Africa, limefx forex broker is truly appreciated, and we’ll keep it in mind as we continue to expand.Thank you once again for your trust and support. We look forward to continuing to serve you with the same level of dedication that you’ve come to expect from LimeFX.Kind regards, LimeFX Rep.

LimeFX Mobile Platform

This includes an economic calendar, daily analysis posts, as well as trading signals and market insights. Video content is also provided via YouTube, with much of this content archived. This provides a great digital library of webinars that users can take advantage of. There are a maximum of 28 currency pairs, 3 cryptocurrencies, 10 indices, 4 metals, and 2 energy markets. MetaTrader4 provides a minimalist yet sophisticated service which caters for beginner to advanced traders and also allows user profiles to be set up to carry out Islamic Trading.

Firstly, the broker doesn’t offer the best range of asset coverage. The major forex pairs are offered, yes, but almost no emerging markets are. No stocks are offered, only 2 commodity assets, and 2 cryptocurrencies. LimeFX’s customer support is available 24 hours a day, 5 days a week. They can be reached on live chat for some quick-fire questions, or more complex questions can be sent to the phone or email team.

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LimeFX inceleme

Multiple times, we asked questions regarding things such as deposit options and broker regulations, and we were met with a long pause, followed by less than sufficient answers. But, even for simple questions, we didn’t find the customer service options impressive. The MT4 platform has ultra-intuitive charting options and all the most common technical indicators.

I loved the support services

  1. Of course, you may not need to do this at all consider the fact there’s over 70 different indicators already on the platform.
  2. Furthermore, LimeFX has an easy-to-use app which is also available on Android and IOS devices.
  3. We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, LimeFX would be a top choice.
  4. This will help protect you from losing more money that you have in your account.
  5. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect.
  6. This has greatly contributed towards the team’s 96% customer satisfaction rate.

It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click. CTrader has a desktop version, and is also available in apps for android and iOS. Most clients have reservations about the company’s legitimacy. In their review, they claim their European entity being largely unregulated is a red flag. According to a member on Reddit, LimeFX occupies the security commission’s list of platforms to avoid. However, some users have appraised the company, claiming they had good trading experience and fast withdrawal.

The MT5 account, also called innovative account, is an account type for clients with trading expertise. Its trading instruments are inclusive of forex, commodities, indices, cryptocurrencies and stocks. Established in 2011 and located in London, LimeFX is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account.

LimeFXTrader Platform

It is important to remember that not all regulators are created equally. The products, features and protection can all vary depending on the entity that you decide to open a trading account with. LimeFX aim to minimise trading costs with 97.5% of orders executed without slippage through the STP (Straight Through Processing) and ECN (Electronic Communications Network) models implemented. What this means is that scammed by limefx you can get your trades placed on the markets at the best available prices at all times.

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