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The brand name of the global brokerage firm is LimeFX. The services of Seychelles are provided through two head offices and it is also called Cyprus Broker. Globally can provide financial services and LimeFX solutions to clients. While global has been providing you with this huge opportunity for partnerships with corporate solutions and retail brands.
The academy allows them to explore a wide variety of new trading techniques and check daily market surveys with the resources provided. LimeFX is a reputed International Online Forex Brokerage Firm that focuses on providing retail foreign exchange services, partnerships, and corporate solutions throughout the world. This stock brokerage firm was founded by Igor Lychagov and Petr Valov in 2008. It renders services through its registered offices in Cyprus, the United Kingdom, South Africa, Seychelles, Curaçao, British Virgin Islands. Offices located in Cyprus and the United Kingdom do not provide services to retail clients. The LimeFX platform is very simple to understand and follow.
- The company rewards its customers who successfully invite paying customers to its platform.
- Wow, same problem with me I don’t believe I allowed myself to trade with them without thorough research, anyway it’s lesson learned for me.
- Nonetheless, it is essential to check bank policy and transaction commissions, though, as they depend on each institution specifically.
- LimeFX prides itself on its allegedly superb order execution, its tight spreads, commission-free deposits and withdrawals.
Clients can choose to set their account in almost any currency . Most trading types, such as Expert Advisors , scalping and hedging are allowed. Technical analysis tools such as forecasts from Trading Central or trading signals from Autochartist can be implemented and used in one’s daily trading routine. LimeFX Ltd is authorized and regulated by the CySEC.
Also, the trading platform a client selects determines the account conditions applicable. In general, all the profiles are divided into ‘Standard’ and ‘Professional’ categories. While the first account type focuses on different clients` needs and allows starters to bid first, the ‘Professional’ profile is designed for guru traders. That simplifies daily processes, increasing the number of pending orders or decreasing commissions. A variety of tools has 100+ instruments for Forex trading and up to 7 for Cryptocurrencies.
LimeFX Review 2022
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LimeFX offers a high-quality customer support team that solves all their clients’ issues in a jiffy. Customers facing any trading-related problems can contact the customer service over the phone, live chat, call back service, or email. Though the website content is available in 14 different languages, the customer support offers 24/7 service only in English, Thai, and Chinese. The trading platforms of LimeFX Forex brokers are extremely niche. In this LimeFX review, let’s look at the trading platforms that are available for the traders to choose from.
It surpasses the offers of the competitors, which have already been mentioned in the review. On some accounts, the broker has one of the best offers. In order to understand how attractive LimeFX commission levels are, let’s compare them with competitors from LimeFX and LimeFX. For this, we will take several most popular trading instruments and an average spread on standard accounts. In particular, the novices are provided with an opportunity to practice their trading skills on the standard account. Professionals, who perform many trades, can forecast their trading expenses using professional accounts with near-zero spread and predictable trading fees.
It also offers exotic currency pairs like AUD/NOK, AUD/PLN and AUD/SEK. Additionally, it offers 81 stocks and indices, 7 cryptocurrencies, and 12 metals and energies. I found these assets to be enough for most traders.
LimeFX Raw Spread Account
I called the company using the phone numbers provided and the waiting period was relatively short. I repeated the process about 3 times on a Wednesday. Also, the company responded to my email messages within less than an hour. Gold is one of the most traded products in the forex market. To trade gold at LimeFX, you simply open an order to trade the XAU/USD pair as you would trade other currency pairs.
I would like to know untill when this issue in India can resolve. Cons No own software for advanced traders and automation of trade. No own software for advanced traders and automation of trade. The conversion rate is from 50 points of the base currency. Testing conditions of the type of the account before making the final choice.
All information on 55brokers.com is only published for general information purposes. We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information. Your profit is pain to them and your loss is a gain. Never trust them, they manipulate the system too much so that you will not become profitable. Fundamental and technical analyses are useless here.
This broker is the worst.
Yes, traders at LimeFX can choose ZAR as the account’s base currency during signup. With this all the deposits made will be converted into ZAR. However the account limefx forex broker currency cannot be changed later, but you can open a new account with ZAR currency. LimeFX are regulated with FSCA, and they offer ZAR trading accounts.
The internet has over the past fifteen years or so helped many companies expand their operations. It has also posed brand new challenges to businesses that mainly rely on the World https://limefx.biz/ Wide Web to generate their revenue. The issue has materialized more significantly amongst traders in the Forex industry and those in particular located in far-flung countries.
What are the Awards of LimeFX?
There is a weak spot, though, as functions work on MT5 platforms only and require additional software for MT4 trading. Big support for trading brokers is that this website has a vast training center . These video tutorials will help you learn new techniques.
It is not surprising that the broker is compatible with MetaTrader 4 and MetaTrader 5 . Known to be the leading platform for forex trading in the world, these two platforms have a plethora of features for users. It gives them the room to run trading bots like EA, analyze financial markets, and also conduct advanced trading actions.
- It seems LimeFX is not growing and the range of cfds is poor.
- Leverage is a useful tool offered by brokers, allowing forex traders to open larger trade positions that could amplify their potential profits.
- LimeFX offers a high-quality customer support team that solves all their clients’ issues in a jiffy.
- You also need to take notice of all LimeFX trading platform issues for a better experience.
Thre are free and simple to use apps suitable for iPhone and Android devices, supporting MT5 and MT4 versions as well, so you can remain updated about trading on the go. Both MT4 and MT5 support all devices including PC and MAC, so the choice is yours which platform you prefer to use either industry standard or its new developed version MT5. Good to mention again that each account supports both platforms, so there is no need to specify, you can use two at the same time, which is great.
LimeFX Tradingn Platform are ranked Good with overall rating 8 out of 10 compared to over 500 other brokers. We mark it good due to availability of different versions, yet limited to MetaTrader technology. We also would rank very welll provided research and available tools, copy trading, Robot Trading, EAs and quality execution. LimeFX Group witht its presence in various countries and established offices is always regulated by necessary local authorities. Thus, the broker permitted to provide financial products or services within its activity via International trading proposal. LimeFX is the brand name of the global brokerage firm that delivers its services through three main offices in Seychelles, BVI and South Africa.
If the broker is operating without a verified license, it is probably there to scam the users. LimeFX regulations prove that the trading company has a valid license from the authorities for both local and international clientele. All agencies have been using these signals for many years. Employed also fund managers of experienced traders. The signals are directly sent to the customer’s mobile or computer through the app. So you can be aware of the offers on time through alerts.
Free LimeFX demo account for practice trading
LimeFX offers 4 accredited retail trading accounts. For my forex experience, I have been trading with many forex brokers from all over the world for 5 years now. I hope that my articles about forex brokers can help you succeed in this market just like me. Most traders have researched and learned that Zero account is the best account, because trading ECN means you are trading in the real market, but it isn’t easy to trade ECN. It is because ECN quotes are more volatile than regular accounts’. Also, you also have to pay commission for each trade.
You may be surprised to learn that the EU-based company in Cyprus and the UK provides fully regulated services to all member investors around the world. In this order I had my SL and TP set, the market crossed my TP level by 21 pips but still, it didn’t trigger my TP. After that, I tried manually closing the trade but the platform didn’t allow me to do so.