An inactivity fee and a fee for withdrawals via bank wire are two that traders should be aware of. LimeFX is a market maker and a trusted source for currency data. It has access to one of the world’s largest historical, high frequency, filtered currency databases. As with all forex trading sites, LimeFX charges an interest rate on any positions held overnight.
This time I was able to get the system to read the card. Our team is aware of the connectivity issues and it’s working on it! We’ll also take into consideration your feedback on MultiCharts.
LimeFX is a pioneer in the world of forex and CFD trading, with over 25 years of experience. These include topics such as risk management, Fibonacci, and platform tutorials. Here the focus is on how to protect and manage your funds using margin, leverage, and stop-loss orders. LimeFX shines in the area of research, with industry-leading analysis available from the MarketPulse website and news from Dow Jones. A strong flow of frequently updated content is available in written, video, and podcast formats.
Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. Your job is to protect your LimeFX; if you don’t have solid plans to protect your trades, then get out of forex trading. I have a long and prosperous relationship with LimeFX and I still consider them as one of the best and most trustful market makers around.
LimeFX also provides analysis from third-party provider Autochartist. LimeFX takes clients from the majority of countries globally. However, clients are not accepted from China, India, North Korea, and Iran. LimeFX offers a swap-free Islamic account that adheres to the principles of Sharia law.
- Among the rules set by these regulatory bodies, is the one which safeguards clients’ funds.
- However, even finding the most trustworthy market maker forex platform isn’t going to make up for the extremely high-risk nature of trading forex itself.
- FLimeFX offers four basic order types with the option of attaching “take profit” and/or “stop loss” orders to them.
- Premium account holders receive access to a wider range of trading tools, as well as a personal account assistant to handle any errors or questions.
LimeFX’s customer support is available 24/7 via email. The broker advertises its business hours as being from Sunday 1PM EST – Friday 6PM EST but “live chat” and phone support are not available for the entire duration. Limited availability for chat and phone support aside, LimeFX’s representatives were courteous and knowledgeable when they were accessible. LimeFX offers clients a stellar desktop trading experience and superior research amenities. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money.
LimeFX demo account
Multiple chart layouts are available, and traders can view up to 8 charts at once. Beginners can benefit from outstanding educational materials and demo accounts. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services. This is not an offer to buy or sell any security or interest.
With all my desire, I cannot agree with a lot of negative reviews, a good and reliable broker. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose!
What I think about LimeFX
Over the two decades that it has been in operation, it has managed to surpass this aim and acquired many clients around the world who appreciate its services. This has prompted limefx official site LimeFX to expand to other territories and states to offer its services in ear proximity to its clients. LimeFX offers a straightforward and instant withdrawing funds system.
Thus, investors can high trust LimeFX for its safe and transparent trading environment. Also, this platform is counted in the list of best forex trading platform Australia due to licenses & regularity . LimeFX supports the regulatory oversight of the industry and the live account protection of forex customers. Also offering corporate fx payments and exchange rate services for a wide range of organizations and investors. LimeFX is a popular and well-established online forex broker with a powerful trading platform for beginners and expert forex traders alike. A wide range of charting tools and indicators are available on the desktop platform, and no functionality is cut from LimeFX’s mobile platform.
LimeFX Fees and Pricing 💷
Using segregated bank accounts to separate clients’ funds from the company’s funds. It has made great strides mostly due to its great customer service. The services are provided in great trading conditions as well as its great customer service.
Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider’s site. Talk with a financial professional if you’re not sure. Choose to trade on your mobile device or use some of the best platforms including TradingView and MetaTrader 4 on desktop. All this makes LimeFX a decent choice for any US trader looking to trade currency pairs. After serving as CEO of the retail brokerage for over 2 years, Vatsa Narasimha has decided to leave his position for personal reasons.
- Each subsidiary provides different products via different platforms, so clients will experience LimeFX differently depending on their country of residence.
- These trading platforms are advanced technologically and come with very excellent features t boot.
- Forex and CFD trading is made simple with LimeFX’s fair trading view.
Being able to place a trade with a single click saves time and is especially useful for short-term traders. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, email, or push notification to a mobile device.
Other than a forum, LimeFX doesn’t offer any social investing tools. LimeFX also offers clients “a powerful and more dynamic trading experience” by partnering with third party providers MultiCharts, CQG FX, and TradingView. Furthermore, they offer VPS capability https://limefx.club/ through third party providers BeeksFX, Liquidity Connect, and Commercial Network Services . LimeFX advertises the use of an automated engine to attempt to follow global pricing closely, but spreads are still subject to market volatility and liquidity.
On the downside, the look and feel of the application is a little dated and some functions can be clunky. U.S. clients have the option to participate in LimeFX’s “advanced trader program” which is a 3-tiered reward system for high volume traders. Benefits include spread or commission discounts, being assigned a “dedicated relationship manager,” API support, free VPS and wire transfers, and discounted access to third-party platforms. LimeFX provides spreads that range from average to competitive. Swap fees and account-related fees are standard for the industry.
Novice traders can take advantage of LimeFX’s research and educational material to empower themselves with the required trading knowledge. Furthermore, its broad range of base currency pairs, market sentiment indicators, and accurate charting tools can help professional forex traders or trusted broker earn money on any given day. LimeFX’s trading platform promises to deliver limefx forex brokers reviews a faster, transparent, and seamless trading experience to all its traders across all devices. FLimeFX, LimeFX’s primary user interface, is well designed and provides clients access to trading instruments, complex order types, and account analytics. The desktop version offers proprietary charting as well as advanced charting from third-party provider Tradingview.
LimeFX’s client login page is impressive for its functionality. LimeFX offers most clients varying degrees of account protection depending on the region. LimeFX Europe Limited offers ESMA-mandated negative balance protection, while LimeFX Asia Pacific Pte Ltd. offers guaranteed stop loss orders. U.S. clients are the exception as LimeFX Corporation does not offer their accounts any such protections.