LimeFX provides negative balance protection to its clients’ accounts. That means if the market goes against your current trade your account won’t be affected since LimeFX won’t allow your account to drop into a negative balance state. 19 Please note that for clients who reside in Iran, there is a minimum deposit requirement of $/€/£50 for Standard accounts, $/€/£250 for ECN accounts. In summary, I found LimeFX to be an experiencedB, award-winning, and popular trading broker. However, I believe the brand could improve in certain areas in order to compete with competitors like Pepperstone within the online broker industry.
Since opening its doors in 1998, the company has made great strides down the path of development to become one of the world’s leading https://limefx.biz/ brokers over the course of 20 years. Take advantage of both rising and falling prices with Stocks CFDs from a leading global broker.
Investment Types at LimeFX
So that means we are only getting to reach the broker’s customer care 24/5. But we don’t consider LimeFX’s educational plug-in sufficient for the traders. There are no arrangements for training through digital platforms.
If your broker lacks regulation, and you are scammed in any way, you often have no recourse for recovering your funds. That being said, not all regulator licenses carry the same weight. Yes, millions of traders across 150 countries are actively trading with LimeFX since 1998. With saying that it is assured that LimeFX International broker is a safe and regulated broker by FSC. LimeFX is offering some educational materials like several articles on Forex trading, an explanation of forex basic terms, strategies, trader’s psychology, and technical indicators.
The LimeFX brand:
For novices who have just taken their first steps onto the Forex market, we recommend enrolling on one of our educational courses. The courses will teach you not only the basics of the foreign exchange market, but also methods of analysing it and how to avoid common pitfalls. Live Chat is clearly visible on the website making it easily accessible to traders. Agents are highly-responsive, easy to talk to, and pick calls almost instantly to respond to inquiries from traders. LimeFX Comoros does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.
During the launch of the app, LimeFX announced that it was working on releasing an Android version of the LimeFX Mobile Application. LimeFX Bonus allows traders to earn points and exchange them for several transactions. More active traders, as well as those with high investing and trading volumes, enjoy the most bonus points. Due to a migration of services, access to your personal client area is temporarily disabled. An alternative LimeFX website offers services that are better suited to your location.
LimeFX account opening process review
LimeFX offers a wide range of broker products including Commodity CFDs, Index CFDs, Stock CFDs, Spot Metals, and ETF CFDs. Additionally, the company also offers binary trading where binaries can either be in spot metals or currencies. They can do this by login into their LimeFX accounts and choosing the amount of leverage they want. Most recently, LimeFX modernized the configuration it uses on its various trading accounts. The new, improved, and up-to-date technological solutions have considerably improved execution speeds. The best part is that LimeFX’s new execution speed isn’t affected a lot by News.
- As such, by buying a currency cheaper and selling it for more, traders earn money on the Forex market.
- During this time, the fund has held more than 750 events and fundraisers, paid for the medical treatment of more than 1,200 children, and provided humanitarian support to around 18,000 families.
- Though I have to warn you that past performance is by no means a guarantee of future performance.
- LimeFX was among the first to offer MetaTrader, which has since become the most popular trading platform in the world.
After choosing a PAMM account, you can invest and monitor the accounts. Though I have to warn you that past performance is by no means a guarantee of future performance. LimeFX creates an opportunity for you to bring in your funds for money managers to trade on your behalf. This PAMM service has made LimeFX very popular limefx forex broker because it has attracted thousands of investors from all over the world. Additionally, it offers several technical indicators to traders to help them overlay their trading charts. Thanks to its inbuilt MQL4 programming language editor, traders are in a position to create personalized indicators for automated trading.
So all you are asked to do is to select a PAMM account and top up the fund. But in the case of being an experienced market player, you are glad to welcome more challenges and pressure than LimeFX has offered you its Direct platforms. The platforms can be operated from any of the platform versions like iOS, Desktop, Android, and WebTrader. This various platform access can ensure the utmost ease to diverse traders’ preferences.
The future is bright with LimeFX
Our editorial team is led by Steven Hatzakis, an industry veteran with decades of experience and a deep understanding of the forex market. Our team conducts thorough testing on a wide range of brokers, platforms, products, technologies, third-party trading tools, and mobile apps. We also test for the availability of high-quality educational content, actionable market research resources, and the accessibility and capabilities of mobile platforms. All of our ratings and rankings are based on the collection and validation of thousands of data points and our in-depth product testing.
State-of-the-art platforms
This calculator converts one currency to another using the prevalent currency rates. It can easily give you an idea of how much your investment is worth in your local currency. The primary difference I found is that the newer MT5 has more features just like the desktop version. The apps are developed for iOS and Android devices and can be downloaded from the respective app stores. Some transfer methods such as Neteller are commission-free while the likes of Skrill, WebMoney, and FasaPay are subject to a commission fee of up-to 2.5 percent.
As per FCMC regulations, the registration process for Latvian partners has been altered. Partners residing in Latvia are now required to be exclusive Tied Agents. For clarification or questions about this requirement, please contact us via email or live chat. Your updates of the most important trading news, insights and analysis. Our rigorous data validation process provides our readers with quality data they can trust. When testing mobile apps or mobile products, we test on both Apple and Android devices.
When traders deposit to their accounts, fixed or percentage commissions are charged. Traders can make deposits and withdrawals through WebMoney, Neteller, bank transfers, credit cards, and Skrill. Through the ‘Select Your Discount’ promotion, LimeFX gives traders an opportunity to choose a preferred discount from a variety of exciting discounts and receive refunds on their LimeFX accounts. Traders can also combine refunds and use them to trade and invest or move them to another account.
