LimeFX Reviews Read Customer Service Reviews of LimeFX com

Traders have eight account options at LimeFX, where the minimum deposit is $0 for most. The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Tempting trading conditionsHowever, my attention to LimeFX was captivated by its outstanding reputation with traders.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation.

Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFX Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone. You can withdraw funds from LimeFX by logging into your account and submitting a withdrawal request.

LimeFX Review – Analysis of Brokers’ Main Features

Our investigation into LimeFX’s client agreement and policies uncovered that the broker has implemented a margin call policy to safeguard accounts from incurring negative balances. These funds are necessary to open and maintain a leveraged position, serving as a deposit to demonstrate good faith. Overall, PMAM’s comprehensive features and user-friendly interface allow managers to execute transactions and manage risk efficiently, resulting in optimal performance across all accounts.

THey are quick and helpful, and traders should really not take that comfort for granted. I like the trading environment at LimeFX in the Absolute Zero account due to its competitive trading fees. LimeFX is an ideal broker for Forex traders due limefx forex broker to its above-average choice of currency pairs. The well-structured trading environment and dedicated customer support team, make it a great broker to register with. To evaluate brokers, we test the accounts, trading tools and services provided.

The platform certainly deserves…

A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. LimeFX can boast a fully customizable, user-friendly interface. The broker has a great clean design and easy-to-use platforms. You can choose among Webtrader, VPS Hosting, PMAM, and (our favorite) MT4 trading platforms.

What is the minimum withdrawal time for LimeFX’s e-wallet transactions?

We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Is our leading content maker and head of the content department. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job. These regulatory bodies oversee LimeFX’s operations to ensure that it adheres to strict financial and operational standards.

1. So they provide 6 different asset classes and those have many intruments in them.
2. Their trade tools are very useful, and their execution speeds are lightning-fast.
3. After your account has been verified, log in to the client site and click the “Deposit Funds” option to select the desired payment method.
4. Imagine how hard it is to stay afloat in such a competitive sphere for such a long period?
5. They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types.

Clients can now trade cryptocurrencies directly on the Metatrader platform. Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers. There’s no bond CFD coverage but spot, metals, and index products cover the most popular instruments worldwide. And Ireland clients can also place spread bets, although the costs are not fully disclosed. The broker’s account diversity is impressive, with a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules.

You can reach customer support directly on the LimeFX website through its live chat feature. The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages. I decided to try this broker recently and I was impressed limefx review by the account options. As with all Micro, Standard, and even VIP accounts they’ve got a tool for every kind of dealer.