If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible. By using our LiveChat, you agree that any personal data provided via LiveChat will be processed by us, as per our Privacy Policy, for the purpose of receiving assistance from our Customer Experience team. UK based organization Investors in People have recognized LimeFx for its efforts in developing people to realize their full potential and achieve their goals. By attaining this exemplary standard, LimeFx has demonstrated that it is a leading force in the online trading sector and is committed to the people it serves.
Deposit and Withdraw
Experienced traders might opt for standard accounts for higher trading potential. Consider your trading goals and risk tolerance to determine the best account type for you. LimeFx Group was founded in 2009 and has since grown into a large globally established trading broker. This experience combined with strict regulation and customer service in over 30 languages makes them one of the best forex brokers for traders from all different backgrounds and levels of experience. It offers multiple accounts to suit different investors with over 1000 instruments and competitive trading conditions.
Standard account
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Top Forex Brokers
Our analysis of over 40 leading brokers’ average monthly spreads revealed that while LimeFx’s no commission spreads are competitive, there are other brokers offering tighter spreads. Both FXTM and LimeFx are excellent choices for MetaTrader 4, but LimeFx provides a slightly enhanced experience with custom add-ons. MetaTrader 4 is a popular platform known for its user-friendly interface and advanced charting tools.
- If you do not make a trade for a specific length of time, LimeFx and FXTM will charge your trading account a $5 inactivity fee.
- For Skrill and Neteller e-wallet options, VIP programs are available where the e-wallet providers charge reduced transaction costs.
- Well, in my opinion, 24/5 support is enough as long as they don’t provide cryptocurrencies trading (which is the only market opened 24/7).
- Although spreads are wider, traders do not pay any commission fees, with the simple fee structure suiting beginner traders or those who do not trade forex regularly.
Forex Trading
Overall, the mobile application works well for trading on the go, with one-tap trading functionality, access to the broker’s full suite of 1,000+ instruments and interactive charting. A number of other brokers also offer proprietary desktop platforms limefx scam that are beginner-friendly, whereas LimeFx only offers the MetaTrader suite. MT5 will serve experienced traders thanks to its wider range of indicators and order types, faster processing, and extras like the integrated economic calendar.
How To Deposit Funds
Looking at the LimeFx Zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. LimeFx provides a fair and trustworthy trading experience by pioneering a strict no re-quotes and no rejections policy.
Its competitive features, regulatory compliance, and commitment to user satisfaction make it a viable choice for those looking to explore the world of trading. As always, potential traders should conduct thorough research before making their final decision. LimeFx provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. LimeFx’s mobile trading apps, available for both MetaTrader 4 and MetaTrader 5, offer full functionality, mirroring the capabilities of the desktop and WebTrader platforms.
If you are a scalper then you might want to consider the zero account as it has the lowest spreads from 0.0 pips. If you want to trade with less than $200 then you would need to look at the micro or standard account options. Those of you who just want to get a feel for trading can open a demo account free of charge without any commitment.
The broker can be contacted via live chat, phone, email and social media platforms such as Facebook and Twitter. LimeFx and FXTM are CFD brokers that provide market access https://limefx.biz/ to a range of asset classes in addition to forex. Both brokers offer a diverse range of trading instruments, with Share CFD trading available on MetaTrader 5 only.
The market analysis includes trading ideas and a high quality research and education section on the website. LimeFx broker is regulated by three financial authorities and strives to keep its platform secure for users around the world. It is regulated by the Financial Services Commission, ASIC, and CySEC. The platform takes several measures to protect users and their accounts. If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200.
The Micro account is best suited to beginners, with the standard account being ideal for flexible traders. The LimeFx Zero account generally is best suited for regular traders or those who place significant trades. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Leverage depends on the financial instrument traded and on client’s country of residence. LimeFx Group is a globally established and regulated online trading broker. You can get instant access to no-requotes, tight spreads, fast execution speeds, low commissions, and negative balance protection. They are a leading broker that has an impressive 16 trading platforms with over 1000 trading instruments across 6 asset classes and various convenient funding options for quick and easy account funding. I find them to be one of the most reliable brokers for trading and investing online, especially if safety and low costs are important to you.
This means that trading 1 Lot of EUR/USD is the equivalent of $10 per pip. LimeFx Group have partnered with regulated entities for the withdrawal and deposit process for extra client protection. Client funds are kept segregated from the company funds in tier 1 banks to ensure that they cannot be used by LimeFx Group or the liquidity providers under no circumstance. They can give you negative balance protection which means that you are not at risk of losing more than the account balance. You just need to open an account with the correct entity to be eligble for this.