LimeFX Broker Review: Are They Worthy?

The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. LimeFX is a relatively new player in the online trading industry, established with the goal of providing a comprehensive trading experience backed by cutting-edge technology and regulatory compliance. Despite its recent inception, LimeFX has quickly gained recognition for its wide range of trading instruments, competitive pricing, and user-friendly platforms.

1. Before deciding to trade, it is essential to understand the risks involved fully.
2. Indices trading comes with a higherflexibility of short and long positions.
3. Mt4 fully supports algorithmic trading from its desktop client and has an embedded copy trading service.
4. LimeFX incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions.

The swap fee is a percentage of the underlyingasset’s price and varies depending on the currency pair and other parameters. We take all feedback seriously and would like the opportunity to rectify the situation. Could you please provide us with more information at so we can better understand and address your concerns? I think LimeFXs is reliable choice, I say from 10 years experience scammed by limefx with diferent brokers . Today, I recived my money, all went smooth and took ordinary five days for payment to go. I had told them I’d be investing a further £1000, whether they thought by paying back £250 would give me confidence to deposit more I don’t know.

SPREADS BAD & Withdrawal is hard work !

The broker provides trading services exclusively through MetaTrader 4. Yes, LimeFX is regulated by the Seychelles Financial Services Authority (FSA) under license number SD035. This regulation ensures that LimeFX adheres to strict guidelines, providing a transparent and secure trading experience. While LimeFX offers a solid foundation of educational and research resources, the range and depth may not fully meet the needs of complete beginners or those looking for highly specialized content. Expanding their offerings with more in-depth courses, interactive webinars, and personalized learning paths could enhance the overall educational experience. Founded in 2013, limefx official site Trading Pedia aims at providing its readers accurate and actual financial news coverage.

Futures

However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.

Is LimeFX suitable for spread betting?

I did not find any specific feature in LimeFX’s offering to say that the broker is better suited for high-frequency or longer-term trading. When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. The easiest way to get in touch with LimeFX is live chat, which is available from the bottom-right corner of the main page. The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services. The secure LimeFX client portal handles all financial transactions for verified clients. Traders must submit their name, e-mail, country of residence, mobile number, and date of birth.

The broker charges swap fees for longand short positions that remain open overnight. However, the broker has aswap-free account option for Islamic traders who want to trade withoutviolating their religious beliefs. On the other hand, if you need more stabilityduring trading, you can opt for the fixed spread account. This is because fixedspreads help traders reduce trading costs significantly. In addition, clients at LimeFX do not have topay any commissions, as the broker charges only the spread. I cannot wait to close everything that’s floating next week and leave this broker.2 stars is given because it is a broker and it works on MT4 but there are so many better ones out there.

For the most part, commodities markets are open around the clock, so traders can take positions on them 24/5. Overall, LimeFX is a reliable broker thatprovides traders with an enjoyable experience. Whether you’re a forex trader orother financial instrument trader, this broker can offer you the necessarytools to make informed decisions and succeed in your trading activities. The MT4 platform is available in differentversions, such as the desktop version and the mobile app.