Contents
Yet if you have the right credentials, LimeFx has a lot to offer. Should you trust LimeFx with your hard-earned scratch? Let me know if my analysis and review of LimeFx helped you make a more informed decision.
Relevant content can be found in the ‘Education’ section and the LimeFx blog. Both are well-structured and cover useful topics like technical analysis and risk management. We were connected to the customer service representative within a minute and we received relevant answers.
You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. I have been trading in two companies all year, and I opened an account in the company for testing a broker and the amount on the account was only $ 200. I studied the positive aspects that traders wrote about the broker and decided to check.
The order will only be executed at the limit price or better. Additionally, no alerts or notifications can be set on the web version and the two-step login feature is not available either. Here’s a more detailed overview of the platform’s features. The best way to win trade is to be aware of the market trends and plan accordingly.
We are not providing financial advice as well as LimeFx advice. We provide services for educational and training purposes and only to limefx website educate people. Trading involves high risk and therefore we advice carefully consider whether such trading is suitable for you or not.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFx offers a suite of three trading platforms suitable for web-based and mobile trading that can be used across all devices.
LimeFx allows traders to withdraw their funds for free with their preferred payment method. When choosing to make withdrawals with LimeFx, we found it easy and fast. But first, we were required to submit a ‘withdrawal request’ from our Secure Client Area while platform review. Thereafter, the profits were transferred to our bank account within 48 hours. However, some accounts have relatively low commission fees with the lowest spreads.
We appreciate the cTrader platform for its superior functionality and faster order execution. CTrader utilizes automated trading software and back-testing features to place and execute orders. Using the platform, you also gain instant access to a deep liquidity in different base currency pairs and equity indices. From offering a variety of tradable assets to integrating advanced trading tools, LimeFx has many essential features that guarantee convenience. Let us explore those features and their functionalities.
Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Overall experience with the customer support team is overwhelming. For the purposes of this review, we found the customer support polite, responsive, and knowledgeable – they were able to answer most of our questions. Compared to other similar brokers, LimeFx’ account opening process is fast, generally hassle-free, and fully digital.
Opening an account only takes a few minutes on your phone. Unlike some brokers who require $2,000, LimeFx only ask for a minimum deposit of $200; but you should have enough balance to support trading. There is a free demo account that can be used without making a deposit and has no time constraints to using it. Practise with virtual funds before opening a live account.
This makes your account opening safe, as even if you are dormant, you won’t be charged even a shilling for being inactive. Keeping all the things we have discussed at length, we recommend you try LimeFx. However, we can’t bring ourselves to give this company more than 4 and a half stars on a scale of 5. Based on technical tools such as indicators and price levels, LimeFx makes numerous trading ideas available to its traders.
We want to keep this information free for our visitors. To keep the website running, we make money through affiliate commissions and paid advertising, at no additional cost to you. While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations. There are three types of accounts traders can choose from with this broker.
Use the ‘Market Analysis’ section that features content on fundamental and technical analysis both from the in-house research team and third-party platforms such as Trading Central. Access advanced trading tools such as charting tools, social copy trading, economic calendar, and forex calculator. The reliability limefx review of LimeFx is ensured by the technology it uses. Its cutting-edge trading tools include Depth of Market, ladder trading, inbuilt spread monitoring, custom order, and automated closing of trades. LimeFx has a dedicated support department operating 24/7 via live chat, email, and phone.
The minimum deposit at LimeFx for all three account types is $200. It is slightly higher than most brokers but within a reasonable range. I recommend the Help https://limefx.group/ Center first, as it answers many questions. The live chat feature offers swift access to a representative, but I recommend phone support for critical questions.
LimeFx has generally low CFD trading fees.The fees of stock index CFDs are built into the spreads. There is no bonus offered to new traders; however, they do provide timed bonuses on occasions like their $100 refer-a-friend reward. While the live chat can be slow and a little irrelevant, the telephone and email support offered by LimeFx are better. You can get assistance 24 hours a day, seven days a week and the telephone and email options re both fast and helpful offering you relevant answers to your issues. What this means is that if your free margin dips below 50%, your position will automatically close.
