LimeFx Review 2024: Scam or a Good All-Round Broker?

If there is anything more for which you may require our assistance, don’t hesitate to contact us. We’re delighted that we could assist you, and you’re very welcome. If you have any further questions or need assistance, please don’t hesitate to contact us immediately. Our team is available 24 hours a day, five days a week via email, chat, and phone.

LimeFx Minimum Deposit and Withdrawal

As requested, we also tried to reach you via phone call but was not able to get a hold of you. Kindly reply Daniel’s email to discuss about your suitable time to talk and he will definitely ring you back to clarify any doubts from you. Although it took a while to get to the bottom of the technical issues I was having after the LimeFx app was updated, eventually the problem was resolved. Once I understood why it was taking time, then I was happy to wait. Vanya Gencheva and Joseph David both helped to get upscale the problem and the Techies have now solved it and I can trade again.

LimeFx Account Types

I prefer the desktop platform as it has the most functionality and supports automated trading. I think MT4 is an excellent choice of platform for anyone who wants to develop their own trading strategies for both manual and automated trading. It is very easy to use with a fully customisable user interface that makes trading online a breeze. Keep in mind, when you trade on LimeFx’s MT4 platform, the execution, trading features, and settings may vary from that of the flagship Trading Station platform. I like how the broker offers free MT4 EAs and apps that can automate part or all of your strategy, saving you crucial time in technical analysis.

Conclusion – What are LimeFx’s Strengths and Weaknesses? 💭

  1. In case of technical issues (I lost access to my trading account) a representative pays immediately attention to your request.
  2. You can trade manually or use automated systems just like with MT4.
  3. For example, in Australia, client funds are held in Citibank, Australia; which is an established international bank.
  4. The broker offers a variety of platforms to trade on, including MetaTrader 4, NinjaTrader, ZuluTrade, and the Trading Station Mobile App for iOS and Android users.
  5. Browse from a range of proficient traders with proven trading record, find a Trader to match your risk appetite and simply Follow their strategy.
  6. Though its range of tradeable markets is growing, it remains fairly narrow.

LimeFx charges spreads, withdrawal fees, inactivity fees and overnight fees. We are happy to hear you are enjoying our content, and we can assure you there is a lot more to come. But the first experience of that limefx scam system may give the opposite impression. Fortunately that transition was made very efficiently once help was provided. We highly appreciate you being a customer and helping to share the word about us.

I had the worst experience with Denis…

The broker offers variable spreads, however, and these are subject to delay. As such, the spread figures listed here are for information purposes only. For the latest spreads, please refer to the LimeFx website or trading station. Whereas other renowned brokerage platforms are asking for comparatively higher deposits to trade in standard accounts, LimeFx is fully flexible in this term. Today a customer not only wants to deposit funds with a regulated broker but also wants to explore and experience all the brand-new modern plugins and tools. LimeFx does provide as many tradable assets as some other major forex and CFD brokers.

Superb Customer Experience thus far…

Long-term or discretionary traders may also like this account as the simpler cost structure compared to a commission account can make trading easier. The LimeFx Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit. When trading, you will still need to meet initial margin requirements to open trading positions. Since 1999, LimeFx, has been a pioneer in developing online forex offerings for retail traders.

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You can always rely on our team to answer any questions and provide more information, so if you ever find yourself in need, do not hesitate to contact us. We truly appreciate your kind words and are delighted to hear that you’ve had a satisfactory experience with LimeFx. We look forward to serving you and meeting your expectations in the future. If you ever need assistance again, don’t hesitate to reach out. There are only 39 currency pairs to choose from, as well as 14 Stock Index CFDs and 10 Commodity CFDs. This is the fastest way to fund credit accounts as deposits are instant.

You can get more information on the broker’s algorithmic trading facilities by clicking here. The offer of market research and analysis tools is not exactly at the top of the food chain but is certainly above-average. The offer of educational content is extensive, providing great overall forex-related education to traders of all skill levels. Ninja Trader has a few interesting features aside from the plentitude of trading and analysis tools. Tech-savvy traders can use NinjaScripts to develop their custom indicators and trading strategies easily, and the platform also has automated trading capabilities.

Active Traders have even tighter spreads than Standard accounts, however, so this may be something you want to look into if you are a high-volume trader. LimeFx is a zero commission broker that offers very competitive dealing spreads on CFDs and forex currency pairs. If you trade a notional amount of over $10 million per month, you qualify for a rebate for the trades you placed that is credited directly to your trading account the following month.

Your feedback means a lot to us and serves as a great source of motivation for our team.If you ever need any further assistance or have any questions, please don’t hesitate to reach out. The news feed is very good and users can also use an economic calendar. That way, users can specify what they are interested in, and receive news accordingly.

This account is a commission-free account, which means the trading costs are included in the spreads. This explains why spreads are wider than commission-based accounts such as the Active Trader account. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. These are all best for advanced traders due to the limited information available on their use.

These stats show that LimeFx completes your orders with no slippage more than 60% of the time. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure.

We are glad to hear you have been left satisfied with our service, Talal Alsharougi! If you ever need anything else, our team is always happy to help. If we remain careful we can easily escape the rollover cost by closing any open options before 5 pm EST on a trading day. Of course, with the help of ZuluTrade, you can set up a copy trade. If you’re familiar with MT4 then it’s quite easy to plugin the Expert Advisors and opens a copy trade position.

We put great effort into ensuring that our clients are assisted promptly and effectively, and we are glad to hear that this was the case with your experience with Daniel as well. Our team is always happy to help, and we always appreciate when our clients make the interaction mutually pleasant. This company can be trusted, and legit, and credit card payment works.

LimeFx account holders can download these apps and customize their trading experience. The retail account is standard, to which this review is primarily suited. The main differences between the active trader and professional accounts are outlined below. This LimeFx review gives an overview of the broker as a company, the LimeFx platform, and the trading products offered to traders.

When a trader registers under an LimeFx broker he explores different modern and exciting trading platforms. LimeFx has proven itself as a reliable and secure platform for both new and experienced traders. The broker’s proprietary Trading Station platform is available for iPhone and Android mobile devices. The app features a simple, intuitive interface for entering orders and receiving confirmations, as well as powerful trading tools and charts with access to research. LimeFx also supports the popular MetaTrader4 trading platform, so you can download the MT4 mobile app that is also available for iPhone and Android.

LimeFx offers a good selection of markets, but some other platforms do offer more. You can use LimeFx to trade forex, cryptocurrency CFDs, indices, or gold. There is a total of 39 currency pairs available with LimeFx, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs. That being said, LimeFx does offer the forex pairs that most traders will be interested in, so only advanced and professional traders are likely to feel the lack of choices.