LimeFx review and feedback on forex and CFD trading platform
The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings. 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.
- Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes.
- Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices.
- It’s highly recommended to read about the terms and conditions between your method chosen and LimeFx.
- The reach of the customer support team is wide range, and the response time is quick.
- The “Intraday Comment” section had a single 18-month old entry about the Eurozone.
While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. LimeFx is a pivotal entity within the LimeFx Group, encompassing various entities duly authorized and regulated by notable financial bodies, including the FCA (UK), CySEC (Cyprus), and the FSCA (South Africa). This robust regulatory framework fortifies the reliability and credibility of LimeFx, ensuring a secure trading environment. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
If that was the case, I wouldn’t want to be waiting around for days whilst a bank transfer clears. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics. Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity.
Tradable Assets & Instruments
If you want to run your platforms 24/7, the LimeFx VPS is another fantastic tool they provide. Embark on your trading journey with LimeFx, the celebrated Global Leader in Online Trading. With a foundation in award-winning service, LimeFx presents 10 innovative trading platforms, offering access to over 300 tradable instruments encompassing forex, spot metals, futures, https://limefx.name/ shares, spot indices, and commodities. LimeFx is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors. The broker has a good choice of over 300 tradable assets, a variety of account types, spreads from as low as 0.0 pips and excellent support in over 30 languages.
- This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics.
- They offer a standardized avenue for trading on a futures exchange and can be utilized for both hedging and speculation.
- Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions.
- From having a well-designed site that supports multiple trading platforms to different account types with competitive spread.
In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments. Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system.
We have over 20 years of experience when it comes to trading online so we know what to look for. You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs. I personally use digital wallets as they allow me to move my funds around faster. This can be vital if there is a scenario where there is some major market news that I need to try and capitalise on.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Participate in Spot Commodities Trading with Assurance
MT4, with its enduring popularity and reliability, is a cornerstone for successful online trading, offering a vast array of tools and resources. It enables users to register and trade across over 300 financial instruments including Forex CFDs, spot metals, futures, shares, spot indices, and commodities with swift execution. Discover a trading experience marked by spreads as low as 0 pips and advanced trading signals embedded within a platform designed with the user’s trading journey in mind. I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds. LimeFx is committed to delivering a superior trading environment enriched with diverse trading instruments, competitive conditions, and unparalleled customer support, paving the way for a transformative and rewarding trading journey.
LimeFx offers access to trade a decent amount of around 300 trading instruments across multiple markets including Forex, Commodities, Futures, Stocks, Shares, Indices, Metals, Energies & CFDs. Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. Many years of experience within the trading industry has made LimeFx experts at delivering flexible, bespoke and multifaceted trading platforms. By paying special attention to user interface design, they ensure that platforms are user friendly, practical, powerful, efficient, easy to navigate and satisfying to the needs of all different types of traders.
Overall, LimeFx is a very well established and reputable trading broker that serves all types of traders from around the world. They give you convenient access to a generous range of trading instruments across multiple markets. The advanced trading technology incorporated ensures that the trading conditions are some of the best available with competitive spreads (fixed/variable) and competitive trading costs.
User Security On LimeFx
There are accounts with floating spreads, fixed spreads, no commission and spreads starting from zero. They also offer corporate and institutional accounts, with a dedicated business account manager who can prepare a bespoke service package catered to your needs. Futures, as derivative financial contracts, necessitate a mutual agreement between buyer and seller to trade assets at a predetermined future date and price, regardless of the market price at the expiration date. They offer a standardized avenue for trading on a futures exchange and can be utilized for both hedging and speculation. Diversify your portfolio by entering one of the globally significant markets, and trading on an equity index or any other futures instrument through our acclaimed MT4 trading platforms. Enrich your trading strategies with highly liquid instruments such as Coffee, Natural Gas, and Eurodollar.
You have the liberty to select between Live and STP/ECN trading accounts, each providing the option of both floating and fixed spreads to suit your trading style and preferences. LimeFx provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves.
Is LimeFx a Legitimate Broker?
By choosing LimeFx, you align yourself with a global frontrunner, propelling you towards achieving your trading aspirations. Engage in trading with the awareness that it involves substantial risk, and it’s plausible to incur a loss of all your capital.
It plays by the rules of regulatory authorities, which has boosted the confidence of its users, grown its client base, and built a formidable reputation that puts it on the global stage. There are 300 tradable instruments available on LimeFx, giving you a wide range of choices. These assets are divided between six asset classes, including forex and indices. To be successful, you need the ability to analyze relevant market information and find new facts explaining the change in the exchange rate and the value of the leading financial assets. Depositing and withdrawing should be seamless, too; the customer experience should be top-notch, and the promotion and affiliate scheme should be helpful to you.
The customer support on LimeFx is a significant component of the company’s smooth operation. Meaning you will find a suitable trading platform such as MetaTrader 4 with advanced charts available, a copy/social trading platform such as TradeCopier, a trade management platform called PMAM, and finally, VPS hosting. The website also has a Demo option for users to practice their theoretical trading skills knowledge to help improve and hone their skill set and competitive edge.
The website Trader’s Dashboard shows the positioning of other clients, updated hourly, but account holders will need to use Metatrader’s limited social functionality to take advantage of the information. The MT4 platform, whether accessed through Windows or WebTrader, is tailored to provide a comprehensive and enriched trading environment. LimeFx remains at the forefront in offering this illustrious platform, ensuring traders experience cutting-edge technology, enhanced functionality, and unrivaled user experience in their trading endeavors.
Select Your Ideal Trading Account
When depositing, several methods are used, such as bank wire transfer, credit and debit cards, LimeFx cards, Skrill, Neteller, China Union, FasaPay, etc. To work in the market of currencies, raw materials, securities, cryptocurrency, or other new/promising products, it’s unnecessary to slave away at a computer for 10 hours limefx broker reviews a day or be glued to your mobile device. LimeFx doesn’t relent in this end, just as it didn’t with others mentioned above. LimeFx has many platforms plugged into it, with some serving different purposes. Choose LimeFx and experience a journey marked by excellence, innovation, and a relentless pursuit of your trading goals.