Forex traders of all levels will find suitable account options with the option to apply all common trading strategies and styles such as hedging, scalping or Expert Advsiors. More than 120 currency pairs – from Majors to Exotics – can be accessed with any account type. As previously highlighted in our detailed review, LimeFX is a Forex trading limefx company reviews only broker, offering more than 120 currency pairs as well as gold and silver against the US dollar. A demo account can be created to test all available platforms and trading instruments. On the LimeFX economic calendar, forex traders can view various events such as interest rate decisions, GDP announcements, NFP numbers, and numerous others.
Customer support keeps saying they are waiting for response from the payment operator. Every time I call their support they will tell you some bed time stories. Still not reflected in my account, they said the deposit is instant but it will take 24 hours, I don’t think so this crooks can understand the meaning of instant. Also they often complain about their payment operator but guess so they are holding our money and investing in some other business. LimeFX provides quick and quality support using various methods. For one, the company’s customer representatives regularly respond to reviews left in the Android and iOS app stores.
- Stock market is represented in a limited way through CFD.
- Don’t be fooled by them never ever trade with them, they will steal your money like they stole mine.
- Overall, LimeFX is very competitive in terms of their trading fees.
- I’m sure they are just passing time; they don’t want to resolve it.
- And I lost some trades and found out that anytime you are in loss they manipulate the spreads to increase it form 300 to as far as 700 points ….
LimeFX will pay 100% transaction fee and client can get better exchange rate. There are tons of different payment methods that are the best options for LimeFX. All traders on LimeFX are provided Trading Central’s technical analysis on WebTV. There is also a technical analysis indicator which can be downloaded as an add-on to the trading platforms. The broker provides clients with a wide range of tradable assets to speculate with fast executions and tight spreads.
For traders who test strategies and conduct strategy testing, LimeFX provides a Tick History, which is crucial for effective strategy testing. LimeFX seems to be the only brokerage that provides access to this information. 24/7 customer service — the broker also claims to offer a qualified multilingual customer support team to answer to its clients. LimeFX social trading an innovative service that allows anyone with the LimeFX copy trade software to copy experienced traders.
LimeFX Forex Trade Platform and Broker Review
The main information of the website is available in 18 languages. The only drawback is that the support operates 24/7 only in English, Chinese and Thai. As for the drawbacks, the calculator does not provide the amount of all commissions on the trade, as, for example is done on LimeFX website. Noteworthy, the broker practically did not provide a functionality for data analysis. In particular, the website does not have any automatic signal generation system, which has long become a part of ‘basic package’ for brokers.
- You should also consider whether it will be properly regulated after you invest.
- In particular, the novices are provided with an opportunity to practice their trading skills on the standard account.
- Funds can lead to a negative balance of payments during volatile trading times.
- The “global” side of the brokerage is handled by a certain LimeFX Limited, based in St Vincent and the Grenadines.
- On Zero account, with a fixed commission of 3.5 USD the broker greatly surpasses the offer of Binance.
I created accounts on these brokers, deposited, and started my tests to find out thebest forex brokers. Variety of types of accounts and currency pairs in this market is indeed impressive. In particular, the broker offers not only classic pairs and cross rates, but also a wide choice of exotic ones – with a total at 107 pairs. The broker offers several types of accounts for the novices and advanced users. All accounts have their pros and cons and differ not only by the level of commissions, but also approaches to charging them.
I spent a few days testing the desktop, web and mobile platforms provided by LimeFX. I found that the MT4 and MT5 platforms were like those offered by other brokers. The company’s own mobile trading application was also a good one since it is updated regularly and was very easy to use. Still, I was concerned about the company’s lack of a wire transfer option. It also took some time to understand its account types and pricing structure. Another concern was that the company has not indicated where its headquarters are in its website.
LimeFX Trading Platforms
As part of customer service, LimeFX has a comprehensive help center that provides answers to most questions. On analysis, the company has a markets and insights page. However, a closer look shows that the content stopped being updated on April 1, 2021.
So, you don’t feel like a nameless, and faceless trader but actually like the company really cares for you. The sheer landslide of negative feedback from people being scammed by the service would have ruined it a long time back. LimeFX Group is a leading forex broker that has been providing forex trading services as well as opportunities to enter CFDs on Futures since 2008. The broker is a renowned social-copy trader exchange with powerful trading platforms for a fulfilling trading experience. LimeFX boasts of providing 24/7 multilingual customer support to clients that they can contact through the live chat button, email, and phone call. In addition, the LimeFX community has access to a help center platform that aids in searching materials and answering their queries.
Reprint of the materials is available only with the permission of the editorial staff. It is better suitable for the traders who consider the issue of commissions on the forex market important. The broker offers attractive trading plans, provides tick history and tries to create minimum issues during registration of an account and withdrawal of money.
You can open your account with ZAR as your account currency, but this account currency cannot be changed later. Overall, LimeFX is very competitive in terms of their trading fees. The spread is very low , there are no hidden fees, and commission with Pro account is very straightforward.
Spoke the support team they are useless can’t help me either I am so frustrated will never recommend to anyone. We consider LimeFX to be a trusted forex & CFD broker as they are licensed by South Africa’s FSCA, FCA in UK & CySEC in Cyprus. Also, they have been in business limefx forex broker for over 10 years. Moreover, they publish quarterly Financial Reports audited by Deloitte. Overall, LimeFX is a reputed forex broker & considered safe for traders in SA. As per our User reviews, some users have complained about the issues with withdrawal at LimeFX.
LimeFX does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The LimeFX Demo account is virtually funded with $10’000 USD. As I have said above, LimeFX offers 4 types of accounts which are suitable for both beginners and professional traders. They are Standard Cent, Standard, Pro and Zero accounts. Standard and Pro accounts are for professional traders and Zero account is for experts. I have created accounts at all the lowest spread brokers to compare their spread.
- LimeFX allows withdrawals using the deposit options mentioned above.
- The minimum deposit in Zero account to start trading is USD 500.
- The good thing is that if traders use local payment methods, LimeFX will pay 100% transaction fee and they can get better exchange rate.
- Traders have access to free analytical tools, 24/7 customer support from the app, and more.
This company provides services within a certain set of rules. So the international trade market is still clearly standing. Market analysis, coaching, webinars, business signals are available to traders. If you have a black account at LimeFX, the VIP terms will apply to you. This review shows that small businesses all over the world can invest here. And to do this must look at other brokers in the designated area.
Open my account 3 months ago and have already withdrawn earning several times. Plus, a couple of day ago i got some bonuses and i am glad that this company is trying to improve its trading conditions. I’m gonna recommend this company to all my friends who are thinking about trying their hand on financial markets. The company’s commitment https://limefx.vip/ to the forex market is the broker’s identifying feature. It is one of the leaders by the number of the currency pairs offered for trading and low fees. Choose your payment method and provide the trading account number where funds are being withdrawn from, the profile, currency, and the amount to be withdrawn before proceeding.
The disappointing thing is that they don’t come out regularly, not even every day. That is clearly not enough for a full-fledged analytical support of the customers. The drawbacks include a limited number of trading instruments – only 40 currency pairs, which is actually logical, as ECN is a system of the currency interbank exchange. On Zero account, with a fixed commission of 3.5 USD the broker greatly surpasses the offer of Binance. However, one must remember that the trading on LimeFX platform is conducted by risky CFDs, not real cryptocurrency, as in the case with the exchange.