However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners. Similarly, the ‘Market Analysis’ section had a focus on just three currency pairs during testing which is not wide enough in my opinion. LimeFx’s limited research and technical analysis tools are disappointing, especially given how useful these tools can be for discovering trading opportunities. Importantly, all deposits are fee-free, and e-wallets like Skrill and Neteller process within an hour, compared to 5-7 working days for wire transfers.
I really appreciate how transparent…
Our team rates LimeFx’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing. Our team highly rates LimeFx’s forex offering, which includes 72 major, minor and exotic currency pairs and is on par with competitors like OANDA, which offers 68 pairs, and Forex.com with its 82 pairs. EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees. The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee. I like LimeFx’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed.
Low spreads
You get free access to the MT4 trading platforms along with educational materials and useful trading tools to enhance your trading experience further. The diversity of financial instruments which this company offers to customers is really huge. They have https://limefx.biz/ been running the business for over 14 years, so it seems they managed to add a lot of instruments for all this time. I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers.
Non-Forex Assets
Because the forex industry in general is a sphere of temptation to work unfaithfully. We as a community should give more credits to such brokers. Decent trading conditions are a pleasant supplement to an awesome reputation.
I liked the brokerage firm, so I could do some good work. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers.
If you have traded with LimeFx we would really like to know about your experience - please submit your own review. This average customer rating is based on 16 LimeFx customer reviews submitted by our visitors. Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
LimeFx provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY. While each analysis is brief, it features all required information for traders to take a position. It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts. With such a useful market analysis, we would love to see the section expanded to other pairs. One of the most ignored trading costs is swap rates on leveraged overnight positions.
There are a few features that indicate that LimeFx is a good broker for beginning or new traders. Discussed individually below, these features include educational tools, customer support, and client monetary protection. One type of account is real advantage over those brokers, which offer tons of various accounts and the conditions on them aren't different. They have small differences, but here everything is combined in one account. Moreover, if you have a company you can open a corporate account, but the process of opening such an account is a bit different and as it seems to me - a bit more difficult.
Apps for both iOS and Android mobile devices are available. In addition to offering free access to a Virtual Private Server (VPS), LimeFx currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000.
- Crypto traders can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Monero, ZCash, Dash, and Ripple, and energies traders can trade spot US crude oil and spot UK brent oil.
- About two months ago I registered a trading account with this broker.
- Moreover, I have always been sceptical about user reviews.
- There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news.
- There's no minimum deposit, and LimeFx accepts a wide range of payment methods.
All trades are executed quickly and accurately, and their customer support team is always available to assist with any questions or concerns. A wonderful company in which it is interesting to work and learn something new for myself. I was attracted by the numerous positive feedbacks about LimeFx. I was very pleased with the good trading conditions on the only ECN XL account. I certainly do not trade on the maximum leverage and never will.
Finally, the company's commitment to helping traders gain new knowledge and then apply it on practice is also notable. I usually check their daily technical analysis and take advantage of some articles published in traders corner blog. All in all, this set of conditions led me to where I am - to LimeFx broker. LimeFx is an excellent low-cost choice for beginners due to its decent range of educational resources and free demo account – a great way to build up experience before trading with real capital.
The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read. Clients can also download a range of ebook PDFs for free that go into further detail on strategizing and online trading. The speed of transfers varies according to the payment method used. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so. LimeFx adheres to important rules set by this regulator including the segregation of client and business funds and the use of reputable international banks for the safekeeping of client money. I really started to like this straight through processing thing.
Gain trust and grow your business with customer reviews. I think every trader should pick the most suitable one. Good thing is that there are plenty of assets available at LimeFx, so I am sure you will find some for comfortable trading. I'm confident with this broker because for the time I trade with it nothing bad happened to me and particularly my depo. Of course, I mean non-trading reasons such as fraud or careless attitude to me or something like this.
These trading conditions are ideally suited to trading system that I use. But I can assume that I'm not the only one who limefx company reviews is so lucky. These trading conditions seem to be favorable, which means that they will suit many traders as well as me.
These tools include a Free VPS, Economic Calendar, Economic Analysis and Forex Live Charts. However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at LimeFx. If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss.
LimeFx has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework. Please note that the information on our website is for informational purposes only. We do not provide financial advice or investment recommendations.
