Forex Trading

LimeFX Review 2022 Bonus, Demo & App Ratings

The News Feed section features the economic analysis and news from leading news providers such as Reuters, Dow Jones, and CNBC. Technical Analysis Tools help in creating strategies based on technical and fundamental analysis. Advanced-Data Analytics is suited for experienced LimeFX entity to test and manage their strategies. LimeFX boasts an extensive range of features that are useful for all types of traders and fx brokers. They are easily accessible and enable traders to trade forex the way they want to. Mark Chesterman has been named Head of Trading, responsible for leading the global trading team, quantitative analytics and…

For example, if the market gaps over the selected rate and the upper/lower bound then this order is immediately cancelled. The trader also has the option of selecting the expiration time of this order. Stop – A pending order where the entry is at a predetermined point above or below the prevailing market rate depending on whether it’s a buy or sell. Limit – A pending order where the entry is at a predetermined point below or above the prevailing market rate depending on whether it’s a buy or sell. FLimeFX offers four basic order types with the option of attaching “take profit” and/or “stop loss” orders to them.

LimeFX Review 2022

From the customer’s LimeFX reviews, we can see that the traders are satisfied with the present money transfer methods offered by this broker. Credit cards, debit cards, cheques, or wire transfers can be used to fund the trading account with LimeFX. Besides, withdrawals will be as required by International law.

  • MarketPulse could do more to appeal to beginners and organize its content, but there are plenty of gems to be found here when learning about the forex market.
  • All this comes at no cost, so dedicate some time to knowing how trading works.
  • Further, expert traders may also find the research tools handy.
  • LimeFX education materials and webinars are divided into levels and are designed both for beginners and professional traders.

The target market for such features tend to be experienced traders who need advanced analytics and resources to deploy, test, and manage their trading strategies in real time. With a free demo account and trading from as little as $1, the spreads are right, the leverage is controlled, and the variety of assets make this CFD broker an attractive proposition for many. With round the clock customer support available in many different languages, they offer a competitive and robust offering for both new and experienced traders alike. Exactly..The foreign exchange market is a global decentralized market and there are not certain, defined ruls. The Forex brokers are market makers and they take the oposite side when you trade with them.

LimeFX Pricing

I traded at LimeFX for a long time and never experienced a spike. But after the broker came under the control of executives from India the price spikes were quite common. The spread is tight and there’s virtually no minimum to open a live account. Note that the content on this site should not be considered LimeFX advice.

Let’s hope, in this part the company plans to improve the service. As the name suggests, the standard account is for traders with different experience levels to consider whether trading with forex and CFDs. Having a premium account, on the other hand, requires meeting certain conditions. As a premium account holder, you are privileged to get custom pricing, tight spreads, free wire transfers, and a relationship manager. From accessing the platforms to leveraging them for generating money, LimeFX trade web has made trading more convenient for investors, no matter how much trading experience they have.

In general, the framework is well structured and simple to use, offering a huge number of analytics and tools. We can also say that this broker complies with the international standards and the client’s fund is added to the segregated account which is safe if the company goes insolvent. The best feature of this plan is that it gives customers a free 30 days trial. New customers are asked to utilize this plan to access LimeFX’s API for requesting a limit of 1000 exchange rates equal to 190 currencies. LimeFX Europe Margin Rates differs according to its asset classes, they offer maximum leverage limits. Further, a list of margin rates is applicable for each asset class which can be seen on LimeFX Europe margin rates page.

The whole notion of offering these assets is to allow forex traders and brokers to benefit from liquidity. LimeFX is a regulated online best forex broker in USA, having its branches across the globe. Initially established as a forex and CFDs trading platform, LimeFX offering a variety of asset classes, including stock indices, bonds, commodities, and precious metals. When it comes to creating profitable opportunities, LimeFX has more to offer in the form of its award proprietary platforms and precise technical indicators.

Upon logging back into my account the winning trades appeared to be losses removed from my account. I am sad to say the LimeFX is the same as all the other bucket shop outfits out there, I was really hoping that they would be the broker I stick with, goodbye LimeFX, I do not recommend LimeFX to any trader. Some forex brokers may charge deposit fees for some funding methods. However, deposit fees are mainly incurred from the payment system, but it doesn’t rely on the LimeFX account types. For example, some banks may charge deposit fees via wire transfer. Other than that, deposit fees from the broker’s end are zero.

LimeFX scam

LimeFX doesn’t currently offer any specific customer service line for people with hearing limitations. All trading educational tools are free, but you’ll need to be signed in to your LimeFX account to view webinars and select premium video lessons. LimeFX’s display shows you the dealing spread and the percentage change on the day for a range of currency pairs. Spot opportunities, trade and manage your positions from a full suite of mobile and tablet apps. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. I filed a complaint with the Commodity Futures Trading Commission.

Currently, they offer cryptocurrency CFDs on 4 major cryptos, which include Bitcoin, Bitcoin Cash, Litecoin and Ethereum. Nevertheless, the spreads at LimeFX start from US$80 while the margin begins from 10% for Bitcoin trading. As per different LimeFX reviews, it is a highly regulated broker that is regulated by almost all the tier-1 regulatory bodies in the world. Hence, you can understand how credible the LimeFX broker is! For more than 20 years of successful cooperation with traders around the world, the company has proved its reputation by providing high quality service as well as excellent trading conditions.

While for most this is an excellent proposition, there may be some with deeper pockets who like the additional perks that higher deposits usually reap. The benefits of a “one size fits all” account is that everyone has access to the 70 market assets available to trade in along with all of the other trading benefits which include excellent educational tools. LimeFX had partnered with MotiveWave to offer traders, the professional charting analysis Software.

Traders can access LimeFX’s trading instruments, complex order types, and account analytics all from their mobile device. The mobile platform also includes charts with price overlays, indicators, and flexible display styles as well as the ability to trade directly from the chart, just like the desktop application. Other features include news feeds and economic analysis. It was nice to be able to continue our research and trading experience on a mobile platform that felt very similar to our desktop experience. The LimeFX fLimeFX mobile trading platform is available for both Android and iOS.

User Reviews

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. LimeFX does just enough to meet regulatory standards as evidenced by the lack of two-factor authentication and biometric authentication for its mobile application.

Once you are done with that, you can log in to your account using the ID and password. Since it offers the same feature as the desktop application, the user will be able to access the analytical features, trading instruments, and more. To get an excellent trading experience, LimeFX broker offers some built-in tools that are especially available only for LimeFX traders. The demo account LimeFX is exactly the same as the LimeFX real account. But, the demo account doesn’t need any sort of deposit to start, while the real account will need some money to start the trading.

  • LimeFX offer a great mobile experience for those who choose to trade on the move.
  • LimeFX fLimeFX mobile trading platform provide access to your LimeFX portfolio.
  • These include the maximum leverage, the spreads and commission available.
  • The website has a Russian version that enables to get the necessary information about the work of the broker.
  • As for the contact with Terry Finn, it seems he was out of the office on the days you tried contacting and that’s why no contact was made.

Therefore, the US traders with a negative balance in their account may need to pay some amount of money to LimeFX. LimeFX provides various economic analysis features complying with real-time news, calendars, and analytics. The Forex industry is huge, and lots of scammers always look to start fraudulent activity and lure innocent traders. Therefore, traders, as well as brokers, need to take extra measures for security.


Nevertheless, the spread only gives the profit if the client passes the bid/ask spread. On the other hand, the core price + commission feature works on an industry-standard raw spread based on $50 per million. The commission is adjusted with the user’s account, and it is done as a cash adjustment. LimeFX is the perfect forex broker for new traders as well as expert traders, as anyone can use LimeFX algorithmic trading for effortless trading.

  • But, if you deposit money frequently, you may provide the documents and deposit a large amount.
  • Customize your platforms to receive notifications, manage positions, control risk, and monitor account profitability in real time.
  • But the new inexperienced traders might face difficulties in creating EAs.
  • LimeFX’s forex funding fees, charged on positions held overnight, are described as “a blend of underlying liquidity providers’ tom-next rates, adjusted by our x% admin fee .”

But US users don’t get to access any of these features, but eventually, Americans don’t need any protective features as the USA regulation is very strict. Hence, LimeFX broker would never take any scam attempt. So, anyone looking for CFD as well as forex trading can kick off with LimeFX. Since LimeFX is available in more than 196 countries, most of the counties in the world can try this broker. Especially traders from the USA can try LimeFX easily as LimeFX is the second most popular forex broker in the US. Despite the fact that LimeFX has been in the financial services market for a long time, today its unique and worthy service is difficult to assess by Russian market players.

A convenient way to save on currency conversion fees is opening a multi-currency bank account at a digital bank. Digital banks offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

I have had a very positive experience…

Positive held overnight, traders have to pay interest. Moreover, regulatory bodies ensure complete protection of customers’ funds with reimbursement schemes in the event of financial crises. Thus, investors can high trust LimeFX for its safe and transparent trading environment. Also, this platform is counted limefx official site in the list of best forex trading platform Australia due to licenses & regularity . LimeFX supports the regulatory oversight of the industry and the live account protection of forex customers. For full fee structure see the comparison table below and considere funding fees and other fees that may arise.

Established in 1996, they have grown significantly over two decades advancing from their initial offering of spot CFDs to 124 trading instruments and corporate FX services. On the bright side, LimeFX offers a huge number of trading and educational resources, from webinars, online courses to news sources. Nevertheless, these assets are fairly disorganized and are just accessible after launching external site pages.

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