This fund aims to compensate the client in the event that the financial intermediary suspends its payments as a result of bankruptcy proceedings . Both companies have the so-called “European passport” and can market their services here in Spain or in any other country in the European Union. It should be noted that, according to various sources of opinions and comments consulted, customer service is one of the most highly valued aspects of LimeFX.

• Investigating a little about the company data we can see that LimeFX is the brand operated by a group of international companies whose parent is LimeFX Group Limited.
• Most brokers offer it as a helpful feature which means that you don’t have to be online to close your trades.
• This allows them to minimize risk and costs without interfering with orders in any way.
• We can interpret this fact as that LimeFX clients do not miss any particular financial instrument too much.
• We want to help our readers in any way we can, but sometimes it’s better to talk directly with your investing site to get the answers you need.

The differences between one or the other regulator today are minimal, both are guided by the precepts set out in European regulations . Imagine the difference of doing an internship in a demo with $500,000 if in the real account you will manage, for example, a balance of $1,000. CTrader is not as popular as MetaTrader, yet it is a very powerful and fast platform. Special for intraday trading , it is usually more used by experienced traders. In 2012, it changed its way of executing orders to a trading model itself, in which the broker only transmits the trader’s orders to the market. This mode of execution avoids possible conflicts of interest between the client and the intermediary.

Learn more about how we review products and read our advertiser disclosure for how we make money. Get to know about this broker in this LimeFX review and decide for yourself if it really is the best out there. Based on this, the user can independently learn, use useful information for forecasting. According to the representatives of the brand, there are no plans to create full-time or correspondence courses in the future.

The idea of the company was conceived at the very beginning of the 21st century. By 2006, the founders of the company had laid the foundation of LimeFX. The broker is proud to announce on the website that it is still growing.

LimeFX has a good mobile offering with the app available in both iOS and Android. Security features are standard, with the option to replace the login with an Apple’s Touch ID. Watchlists are easily customizable and it is also possible to have multiple lists. Gary has a bachelor’s degree in economics from Southern Utah University. 2021 has been a remarkable year for the entire LimeFX industry.

Deposits And Withdrawals With LimeFX

Traders also may need to pay up to 2.6% to withdraw funds if a withdrawal is required without having traded. There is a $15 dormant account fee after 12 months without trading activity, followed by a $5 monthly fee. If you are someone who takes interest in energy trading, you currently have BRENT, WTI, and NAT.GAS trading options available on LimeFX platforms. For more simple form of trading, you can go with metal trading as well.

The company has only been in business for 15 years but it already has traders from more than 170 countries. Every second, the multiple trading platforms of the broker are executing nearly 7,000 orders. In addition to theoretical information, the user has access to the trader’s tools such as a calculator and a free VPS server. The Tools App mobile application provides tools for asset analysis. Due to the application, you can go to a thematic blog, which publishes articles with news and reviews about events in the financial markets. LimeFX has a very competitive offering when it comes to the Forex trading market.

LimeFX Tools is an all-in-one application designed to help traders access the markets at any time by providing real-time market information on a variety of instruments. The app is available on Android and iOS devices, Apple Watch and Apple TV, and as a browser extension for Google Chrome, Safari, Mozilla Firefox and Opera. Bonuses are also not offered to existing customers, no promotions are held. This emphasizes that the broker works exclusively for the purpose of ensuring loyal trading conditions. The only possible income with LimeFX is the manual execution of transactions on one of the trading platforms. The fact is that the services of the LimeFXpany do not include the provision of investment services.

LimeFX Customer Support

Of course, it is impressive that LimeFX has its traders trading on its platform from over 170 countries of the world. There might not be many brokers with such an expansive market of traders using their platforms. LimeFX also offers a Virtual Private Server that enables clients to upload and run MT4 Expert Advisors and algo bots 24 hours a day, without needing to keep a trading terminal running. These applications also allow for backtesting of trading strategies. Traders can choose multiple time frames to monitor and can easily add multiple trading indicators, such as moving averages.

It has proper authorization and regulation by the world’s renowned regulating authorities in many other countries as well. When you trade with LimeFX you know you are currency pairs list with the right people and that your money is in safe hands. When it comes to expansiveness, there are not many brokers that can even come close to the size of LimeFX.

Market Account

The company also does not have official representative offices in the CIS, where it would be possible to place training centers. If you are a VIP with a high net worth, then you can expect to deposit $50,000 for all the benefits of a Premium Account. Choose the one that best suits your trading requirements and download the version you want.

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In addition to the MT4 and MT5 trading platforms, you can also choose to trade on cTrader. In order to use this platform, you have to download it on your computer first. Although it remains a newcomer compared to the MT platforms, it has won the hearts of many traders for the user-friendly interface and tight spreads offered by the brokers.

Mt5 Account

LimeFX’s expert customer support team is available 24 hours a day, 5 days a week. In addition to their well-staffed London and Cyprus offices there are also offices in Dubai, Monaco and the Bahamas. You can contact the customer support team via email, local telephone or by clicking a live chat button at the side of the website. We could find no evidence of bonuses and promotions offered by LimeFX, that’s not to say that they don’t provide them from time to time. Ordinarily, Forex brokers at least offer some promotion whether it be a no deposit welcome bonus, a deposit bonus or a loyalty reward scheme.

LimeFX takes the cake when it comes to trading platforms because it offers so many of them. You can choose the platform based on your trading style and preferences. Once you have found out that the broker you are looking at is reliable and trustable, the next important thing to know is the trading experience. You have to see what you can trade on the broker’s platform and if you will be able to trade with flexibility or not.

Prior to making transactions one should get acquainted with the risks to which they relate. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility LimeFX Forex Broker Review: Can You Trust It or Not whatsoever for the content of the press releases or reviews made by the site contributors about the LimeFXpanies. The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff.

Bitcoin once again hit more highs, first breaking the psychological barrier of $ and then notching an all-time high of $69 000, sparking hopes… The described company has a positive perception among the target audience. The high status of the LimeFX review is immediately noticeable since we are talking about a company with assets worth several billion dollars.

After that, licenses for LimeFX were obtained from FCA and FSB in three years’ time. This allows us to provide services on the territory of a number of countries, including the European zone, the CIS, Australia, and Asia. After thorough research, there is no evidence that there are any current bonuses offered by the broker. That’s not to say that there aren’t welcome bonuses from time to time.

Whether you choose to use the app or the mobile version of the website, you can choose between MT4 and MT5. LimeFX executes market orders, offering its services as an NDD broker without a money table . When opening an account with this online broker, we can choose to contract with the company based in Cyprus, supervised by CySEC or with the company supervised by the FCA .

Carey, conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels.Click here to read our full methodology. Educational products are one area where LimeFX is below the industry average. There seems to be an absence of information about basic concepts of forex and CFD trading.

When you look at the number of client accounts, you will be hard pressed to find another broker as impressive as LimeFX. The account that you choose will determine which trading platform you have access to. We recommend checking out the various options before you decide on the best choice for you. In the LimeFX demo account, in addition to not having a time limitation , you can choose the balance so that it resembles the amount with which you are going to operate in a real account. The LimeFX demo account is free and can be used for an unlimited time. The virtual balance of this account is variable, to be chosen by the user, with a maximum of 500,000 units of chosen currency .

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