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LimeFx Reviews Read Customer Service Reviews of LimeFx com

LimeFx forex broker review

One lovely fact about a wire transfer is that it will pay the transfer fee for any transaction done via wire transfer. This option can be used when the fund to be deposited is above $250. The MetaTrader is well-known for its professional trading tools and customizability of indicators. For example, there are free indicators to use, but you can add some more if you found a reliable one on the internet.

How does LimeFxarkets structure its fees for different account types?

We’ve meticulously developed a mobile experience that’s been explicitly crafted to meet the dynamic needs and exacting demands of our diverse community of traders. The LimeFx App stands out as a modern, innovative, and intuitive trading tool and has been distinguished by Capital Finance as the Best Forex Trading App. Only in the event of certain circumstances will these requirements not be fulfilled. LimeFx allows you to place several limitation orders on trades, including stop loss, take profit, buy stop, sell limit, and sell stop orders.

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LimeFx doesn’t charge you for depositing or taking out money from your account. How long it takes to process your transactions depends on the payment method and where you are. They providelucrative programs without standing support and advanced technology. Eachpartner is linked with a Personal Account Manager to make sure their plans aresuccessful.

Mobile App & MacOS

Both LimeFx PAMM account types operate exclusively with USD as the base currency and require a minimum deposit set at $250. Traders can utilise both MT4 and MT5 trading platforms with the LimeFx Premium Pro account. Additionally, the Pro account is available as an Islamic swap-free option. The LimeFx Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity. The Premium account still maintains an accessible entry point with a minimum deposit of $0.

Discover outstanding features and capabilities to enhance your trading experience. We found in our testing that FOREX.com offers a more diverse selection of investment options than LimeFx, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD) and Cryptocurrency (Derivative). Neither have Int’l Stock Trading (Non CFD), Cryptocurrency (Physical) and Spread Betting. Yes, they provide access to the Volatility 75 index, with spreads beginning at 0.14 pips. Yes, they provide VPS hosting to enable smooth and uninterrupted trading, especially for automated trading strategies. HF Market’s customer service responds within a few minutes on average, though response times may vary depending on the query and channel used.

LimeFx forex broker review

There are some conditions set for traders on the HF Markets trading platform. However, the broker offers a broad set of educational materials or tools that are meant to teach a newbie trader on the platform. With this, a beginner trader can gradually grow into an intermediate level and expert level, depending on the speed of learning. The traders’ training course includes a set of eBooks and tutorial videos.

We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published https://limefx.vip/ by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

This is one of the significant reasons why HF Markets traders continue transactions with the broker on the platform. High quality services offered by HF Markets LTD Mauritius and reliable FSC & CySEC regulation keep the company far apart from some scam dealing centers operating currently on the market. LimeFx broker ratings and LimeFx reviews show that the company is highly popular among traders worldwide. The broker offers access to a diverse range limefx official site of markets, including forex currency pairs, commodities, indices, stocks, and cryptocurrencies. A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. Each retail trading account has its own set of features and trading conditions that cater to traders with varying trading styles, trading abilities, and investment goals.

  • With Premium Trading Tools, Low Fees, and Multiple Accounts offered, LimeFx can be classed as a dedicated and trusted Forex Services Provider.
  • The leverage that LimeFx offers you varies greatly, depending on where you’re located, whether you’re a retail or professional trader, and which products you choose to trade.
  • With fast order placement and customizable watchlists, you can stay ahead of the curve no matter where you are.
  • In terms of commissions and fees, LimeFx is an okay option for investors, especially considering its average spread cost for the EUR/USD pair is 1.2, which is slightly higher than the industry average of 1.08.
  • The LimeFx App stands out as a modern, innovative, and intuitive trading tool and has been distinguished by Capital Finance as the Best Forex Trading App.

I’m consistently impressed with LimeFx’s detailed financial reports. Withdrawal periods may vary, with e-wallets being handled within 24 hours and bank wire transfers taking between 2 and 10 working days. The minimum withdrawal amount is usually $5, although this varies according to the withdrawal method utilized. For gold transactions, fees start at $0.07 on each side for 1 ounce and go to $7 for 100 ounces, with the round-turn tripling these values.

Real-time market news from FXStreet completes the research tools. I value the LimeFx investment made using AI and big data to help clients navigate financial markets, especially with more than 1,200 assets available to trade. The four trading account types, plus a demo and an Islamic account, cater to various needs and cover the entire spectrum of trader types.

LimeFx forex broker review

When testing out the live chat feature, I found it to be error-prone, and not particularly useful for getting helpful information quickly or efficiently. You’ll need to show your country of residence, as certain countries are only allowed certain accounts. 23 indices and 34 ETFs covering US, European and Japanese markets are available. There are also energy commodity products, both spot contracts and futures contracts, which allow you to speculate on the price of crude and Brent oil. Soft commodities, such as cotton, cocoa, and sugar are also available. For the EUR/USD pair, LimeFx has a spread of 1.2 pips, which is lower than the industry average of 1.35.

We’re glad to hear that you satisfied with our dedicated customer support services. We always strive to provide the best experience for our valued clients. For the PAMM Premium account, traders can benefit from spreads starting at 1.6 pips without any trading volume commission, which is 60% higher than the industry standard of 1 pip. However, it should be noted that PAMM accounts generally have higher spreads than normal accounts. The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0. The LimeFx Pro account is specifically designed for experienced traders, offering ultra-low spreads and no commissions under the regulation of the Financial Services Authority (FSA) of Seychelles.

HF Markets makes use of the Tick Chart Trader Tool to display different kinds of tick charts. There are a quick response order entry and exit with just a single click on your keyboard. It is recommended that you continuously enter and exit the market in case you want to transact short-term trades. MetaTrader 5 is the newest version of the platform, and there are always updates to improve the service. If you compare both versions, there are only small differences which we will show you in the next table.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Based on our research on the regulatory status of over 60 brokers, we’ve found that LimeFx Group holds 4 global Tier-1 licenses, while LimeFx holds 2. LimeFx provides traders 102 currency pairs (e.g., EUR/USD) compared to FOREX.com’s 91 available pairs. Based on our research on the regulatory status of over 60 brokers, we’ve found that FOREX.com holds 7 global Tier-1 licenses, while LimeFx holds 2. The broker provides various research tools, including market analysis, economic calendars, and expert insights, to help traders make informed decisions. Yes, clients can get a detailed breakdown of their fees, spreads, and commissions from their account dashboard or customer service.

LimeFx accounting team confirms transactions quite quickly as we had on our trade test, yet the matter might take longer due to payment providers. Alike Wire transfer will take 2-10 working days, also depending on your bank and international policy processing, while ewallets will load the request Instant. There are multiple ways to fund trading accounts supported by LimeFx. Besides broker issue its very own LimeFx MasterCard for a straight transaction and the ability to make safe online payments. However, according to applicable laws and regulations, the conditions vary from one entity to another, see our snapshot of LimeFx licenses below.

He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Forex traders also appreciate the ability to engage in social copy trading.

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