We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system. Client funds are segregated from company funds, reducing the potential for misuse. They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules.
92% of the brokers in our database (60+) offer Visa/Mastercard, 77% offer Skrill, 70% offer Neteller, and 45% offer PayPal. PayPal has become a popular funding option for many forex traders – find out which brokers support it as a payment method by reading our PayPal guide for forex traders. LimeFx provides access to 340 tradeable symbols and 83 different forex pairs, compared to the median number of 982 symbols and an average of 66 available forex pairs across the 60+ brokers reviewed on BrokerNotes. Traders should also consider potential third-party processing costs and currency conversion fees. Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the LimeFx account name.
- With the LimeFx MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets.
- All this together makes trading on company’s platform profitable and efficient.I trade currency pairs.
- The support team was helpful and provided us with the necessary information.
- Some options depend on the geographic location and account type.
- Online investing with LimeFx can be just as risky as traditional offline investments.
However it’s important to note that this review focuses specifically on LimeFx offered by Notesco Limited and registered in Bermuda. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have traded with LimeFx we would really like to know about your experience – please submit your own review. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible.
I have been trading with the broker and…
The fact that LimeFx has a Wikipedia page is a testament to its reputation and credibility in online trading. It’s worth noting that Wikipedia content is highly moderated for accuracy, so having a page dedicated to LimeFx speaks to its legitimacy and significance. We use dedicated people and clever technology to safeguard our platform. We are pleased that you are satisfied with our service! Hi Dono,Thank you so much for your positive review! 🦾 We appeciate it 😊😊We wish you happy trading with LimeFx!
In addition, leverage for trading currency pairs is quite large. And thirdly, broker provides a wide range of https://limefx.biz/ financial instruments, including currency pairs. LimeFx is a good broker for novices up to intermediates.
Everything looks so laconic out here, I’d say even harmonical.I am trading with this broker for a couple of months and haven’t found any serious drawbacks so far. Hi Bajragin,Thanks for taking the time to leave this review! Investing in the financial markets necessitates forethought and thorough market research; one cannot simply put their money in danger. A lot of brokers are available to help traders who require assistance. Every broker, on the other hand, has its own set of financial conditions and features to offer its clients.
Top 3 Alternatives to LimeFx
At BrokerNotes.co, our data-driven online broker reviews are based on our own extensive testing of each broker’s products and services as well as the qualified observations of our expert editorial team. In conjunction with our sister site, ForexBrokers.com, we’ve published well over 100,000 words of research and collected thousands of data points across hundreds of variables. Our online trading guides are created with the same rigorous, data-driven approach.
Markets & Instruments
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account. Low trading fees and quality education for beginners from an industry leader. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including weak customization and limited conditional orders. The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed. Hi Reiner, We appreciate your meticulous attention to online security, and we’re delighted to hear that our efforts to protect your information and funds align with your standards. We’re here to assist you in every way possible.Wishing you safe and successful trading! MT4 trading platform is the best for me because of the abundance of different functions, opportunity to modify the order right when you open it, apply indicators, track volumes and other stuff.
They are a great way to test and develop your trading skills.One of the most exciting competitions offered by LimeFx is the Grand Trading Prix. This trading competition is set to take place over three months, starting on 3rd April 2023 and ending on 30th June 2023. It has a massive prize pool of $500,000, making it one of the most lucrative in the industry.Also, the company offers exceptional trading bonuses to incentivize and encourage limefx company reviews new traders. These bonuses come in the form of deposit boosters, providing traders with attractive Forex deposit bonuses to boost their trading experience. LimeFx offers a great fit for traders at low to medium skill levels, with flexible account types that suit many investment and trading styles. Money managers can also benefit from a personal multi-account manager (PMAM) that allows trading of multiple Metatrader accounts.
Plus, this is an excellent tool for exploring other markets than the one you are focused on. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. LimeFx remains a good choice for experienced forex traders looking to trade with fixed or floating spreads. The range of 80+ currencies is more than many competitors and there are some excellent forex market research tools on offer. I think the right answer to this question is the abundance of services it offers.