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LimeFxFX Review 2024 Fees, Platforms, Apps, Pros & Cons

Clients can, on creating and funding an account, find, follow and copy these leading traders at will. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage. After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed. The trading interface of LimeFxTrader is quite unique, it presents users with extended functionality. It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. Copy trading is a way to make trading more accessible by copying trade positions.

  1. The brokerage also offers profit and margin calculators, as well as a forex signal service with the Autochartist plugin and live quotes.
  2. Unlock profitable possibilities with LimeFx by trading the world’s 10 leading indices, encompassing Dow Jones, NASDAQ, Nikkei, and Eurostoxx 50, among others.
  3. For those interested in trading indices, LimeFx provides access to some of the world’s major indices.
  4. Its intuitive yet sophisticated copy-trading platform was the recipient of our Best Copy Trading Award for 2021.
  5. The business provides especially cheap spreads on popular currency pairings, such as the EUR/USD pair, which starts at a minimum spread of 0.6 pips.
  6. While comprehensive information is limited, interested individuals may want to explore further to assess if this broker aligns with their trading requirements and objectives.

I have been trading since 2021

Despite its comparatively late entry into the market, the broker has become a leader in the ultra-competitive world of retail Forex trading. Like its education section, the market analysis https://limefx.name/ materials available at LimeFx are better than most other brokers. LimeFx’s account-opening process is fully digital and hassle-free, and accounts are available for trading immediately.

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We’re happy to know you find our Customer Service has good PR, prompt reply to queries, and helping to solve your issue. Remember that you can participate in the “Invite a Friend” program and earn a commission per standard lot your friends trade. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Tradeable Assets & Markets

Forex.com is an excellent choice if you are looking for the best collection of trading platforms, superior trade execution speeds, competitive pricing, and ECN/STP protocol options. The broker supports more than 4,500 markets, offering access to 7 different asset classes along with transparent pricing, competitive spreads, and impressive cashback rebates. There are multiple platform choices, starting with the standard MetaTrader terminal in both the MT4 and MT5 versions. However, Forex.com has also developed a proprietary app, the Advanced Trading Platform, which is available for desktop and web-based trading.

How Can I Access the Markets on My Mobile?

When selecting your forex broker, you should consider trading platforms and tools, the number of currency pairs offered, customer service and, of course, trading costs. Dear CSN M.,Thank you for your positive feedback and for sharing your experience with our LimeFx Trading platform. We’re glad to hear that you find our payment and deposit services prompt and efficient.

The UK Financial Conduct Authority (FCA) has overseen the broker for more than 20 years, which is clear evidence of its long-standing reputation as one of the world’s safest financial companies. Given this robust regulatory oversight, traders using HYCM can enjoy some of the best trading conditions without worrying about the safety of their investment. IG is the largest FX and CFD broker globally, boasting over 4 decades of experience in the financial market.

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She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, “Let’s Talk Forex,” alongside her colleague, Chris, and has produced over 100 Forex educational videos for the FXScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 100 Forex brokers. Dear Sathas,Thank you sincerely for taking the time to share your positive experience with us.

However, the timing depends on many variables, including the withdrawal type and the client’s bank processing delays. Yes, LimeFx enables cryptocurrency wallet withdrawals, and transactions are processed within a few hours. Per Shariah law, the Islamic Account accommodates the Muslim community in Singapore by abstaining from charging trade fees on overnight positions. This is commonly achieved via SSL (Secure Socket Layer) technology, which guarantees that all data transfers between clients and servers are encrypted and unavailable to unauthorized parties. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

However, the standard instruments are available only during their regular market hours. The broker offers 8 different asset classes through its trading platforms, both on the desktop and mobile versions of the AvaTrade apps. Furthermore, AvaTrade is committed to providing an excellent social trading platform where users are given access to its proprietary offering, DupliTrade, and several third-party copy trading tools. Dear Mohamad,Thank you for taking the time to share your feedback regarding your experience with our deposit and withdrawal processes at LimeFx. We appreciate your input as it helps us improve our services to better meet the needs of our valued clients.We are delighted to hear that you found our deposit and withdrawal procedures to be efficient and swift.

We apologise for the inconvenience you experienced with your recent withdrawal. Please be assured that the security of your account and funds is our top priority. To ensure this, all withdrawals are subject to a manual approval process. While this may occasionally cause delays, it is a necessary measure to protect your assets and maintain the highest level of security.

However, the company compensates for the absence of ECN accounts with an excellent pricing structure for its market maker accounts, allowing traders to benefit from cost-effective trading. There are also no restrictions on trading activities such as hedging or scalping, so traders can employ all kinds of strategies. Therefore, in our experts’ opinion, LimeFx is the perfect choice for retail online FX trading. Our country guides dive deep into local financial markets and regulatory agencies to help you choose the best forex broker – wherever you may live. Chris joined the company in 2019 after ten years experience in research, editorial and design for political and financial publications. His background has given him a deep knowledge of international financial markets and the geopolitics that affects them.

The standards set by ESMA are quite high, not dissimilar to those set by the FCA in the UK and ASIC in Australia. For both account types offered by LimeFxFX, spreads are floating and start from a minimum of 0.8 pips and have an average of 0.9 pips for the EUR/USD currency pair. This means the trading spreads will get either tighter or wider, depending on market volatility, time limefx company reviews of day, and other factors. The broker uses a no-dealing desk trading model, which means they send your trades directly to the liquidity providers, who will be the counterparts of your order. This trading model is called straight-through-processing (STP) or electronic communication networks (ECN) and is used by many brokers that don’t use a market maker execution model.

For market monitoring, it is now possible for traders to set up a date, time, and events. It has a better strategy tester that has improved testing capabilities and a lengthy explanation of results. You can start trading simply with the high account balance, or you can use a demo account for free that does not require any deposit. LimeFxFX is offering competitive conditions that are suitable for traders of any level. Apart from that, LimeFxFX offers you the ability to deposit and withdraw using e-wallet services such as Neteller and Skrill. As the customer service operator pushed me towards it, transferring to some cryptocurrency such as Bitcoin or USDT is always possible.


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