LimeFx provides a steady flow of market-moving stories via the FXStreet Newswire published on the website. Reports are focused mainly on major economic releases but also include data on key price levels from respected sources such limefx company reviews as SocGen. The web platform uses market-leading TradingView charts featuring 11 time frames, 11 chart types, and over 100 technical indicators. Various drawing tools, from trend lines to Fibonacci retracements, are also available.
Usefull convient platform and app
Traders who appreciate predictability prefer the Fixed Account because it has fixed spreads, making it easier to evaluate expenses upfront. This removes any possibility of fluctuations and provides peace of mind, thus making it more user-friendly. LimeFx’ two-factor authentication (2FA) usage was not explicitly mentioned on the website, although it is a typical security mechanism brokers provide. Verification of My Trade conducts regular audits certifying adherence to best execution standards with audit findings publicly accessible for transparency. Furthermore, LimeFx is a recognized member of The Financial Commission which ensures broker openness and integrity to offer trade claim coverage via compensation fund. LimeFx provides free trading signals from third-party Autochartist.
Their’s customer support is good
With 11 funding and withdrawal methods, including credit cards, digital wallets, and cryptocurrencies, LimeFx makes transferring money in and out of your account easy. Withdrawal requests are processed internally within 24 hours, which is relatively fast. The Copy Trading service at LimeFx allows clients to select strategies based on parameters such as profitability, number of investors, and age. There is no need to download or install any software as trades are copied automatically in the web-based platform.
- Reports are focused mainly on major economic releases but also include data on key price levels from respected sources such as SocGen.
- While there are no deposit fees, withdrawals come with a charge and are the most costly via credit card.
- By sponsoring football teams or events, brokers can gain massive exposure to a diverse, international audience.
- I assess the articles as concise, insightful, and providing traders with concepts that can be quickly applied in the market.
- Overall, LimeFx can be summarised as a trustworthy and highly regulated Forex Broker that offers traders cutting-edge platforms and a wide selection of trading products.
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Beginners can benefit from reliable 24/7 customer service, demo accounts, micro-lot trading, and a robust range of research materials. LimeFx offers 24/7 customer support, and traders can reach out via e-mail, phone, Telegram, or live chat. LimeFx explains its services well, and I recommend the FAQ section before contacting support. I miss a direct line to the finance department, where most issues can arise.
Choose your account type
The app offers popular features such as alerts, 1-click trading, and trading from the chart. LimeFx supports credit/debit cards, cryptocurrencies, ADVcash, and Perfect Money as payment methods. Besides research from Autochartist, LimeFx publishes quality in-house research with actionable trading recommendations. It also maintains a Telegram signal service and explains its trades well. I rate the well-structured LimeFx research section among the best in the industry in quality and quantity.
Are there any fees for depositing into an LimeFx account?
If you suspect unauthorized activity, please get in touch with LimeFx customer service to help safeguard your account. LimeFx prioritizes security through its strong legal framework spanning worldwide countries. Operating under a single brand, the company’s structure prioritizes operational dependability, corporate stability, and client money protection. Initially serving traders in the Commonwealth of Independent States (CIS), the broker quickly grew to include customers from Asia, Latin America, and others worldwide. LimeFx started operations in 2007, establishing itself as a dependable supplier of financial trading services. Since its start, the organization has enjoyed extraordinary development and established a worldwide presence.
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago.
Besides the volume-based cashback rebate and VIP programs, LimeFx features a promotion allowing traders to earn money, which they can transfer as a bonus to live trading accounts. LimeFx also pays a bonus for traders who switch from another broker and if they want to transfer open positions. Competitive trading conditions are available via the ECN account type, allowing active traders to keep costs to a minimum. Overall, LimeFx can be summarised as a trustworthy and highly regulated Forex Broker that offers traders cutting-edge platforms and a wide selection of trading products. Based offshore, LimeFx offers the advantages of high leverage, a wide range of deposit and withdrawal methods, and an easy sign-up process. LimeFx could improve by offering private account insurance from Lloyds of London and cutting their withdrawal fees.
As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features. LimeFx is a global broker providing services in Latin America, Asia, and the Commonwealth of Independent States (CIS). Traders can choose from various account types, including an ECN account with floating spreads starting from 0 pips.
✅If applicable, LimeFx will produce a unique wallet address and a QR code for your deposit. ✅Choose your desired cryptocurrency (such as Bitcoin, Ethereum, or Tether). ✅There are 11 commodities mentioned, typically energy, agriculture, and other raw resources, allowing traders to bet on price swings in critical and frequently used items. LimeFx’ account opening https://limefx.biz/ procedure may be completed in a few business days, subject to document verification. The FAQ, which forms part of the Knowledge Base, is in-depth and covers questions relating to complex topics like copy trading and expert advisors. Questions beginners may have relating to the CFD market, MetaTrader basics, and trading, in general, are also addressed.
✅Once authenticated, you may fund your account using one of the supported payment methods. This account suits proficient traders who engage in high-volume trading or employ scalping techniques. Furthermore, it grants access to several features of professional ECN accounts. This account is adaptable enough to accommodate various trading techniques.
The swift LimeFx online account application takes less than 30 seconds to complete and asks for a name, e-mail, phone number, and desired trading platform. I appreciate that LimeFx does not engage in unnecessary data mining as part of its registration process. LimeFx is also a member of the Hong Kong-based Financial Commission, which has a compensation fund of up to €20,000 per client. Verify My Trade and Autochartist company verifies and audits order execution monthly, which traders can access.
This year, the sports club also signed an agreement a month ago with Neo, the cross-border payments and foreign exchange (FX) fintech. The deal has made Neo the football club’s official foreign currency exchange partner. The Company helps with its experience by having special trading conditions with the ruble equivalent of transactions. Good service – company operators help in a timely manner with prompt answers. This lets you practice trading in a virtual environment without risking real money.
LimeFx has four account types, one being a dedicated cryptocurrency trading account. The three commission-based options feature relatively high trading fees, between 1.3 and 3.0 pips or $13.00 to $30.00 per 1.0 standard round lot for a minimum deposit of $100. The commission-based ECN alternative delivers competitive costs with raw spreads from 0.0 pips for a $5.00 commission and requires a $200 minimum deposit. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.
Still, the overall approach to customer support remains excellent. The proprietary copy trading service, which requires a minimum deposit of $100, presents a quality alternative to the embedded MT4/MT5 copy trading services. LimeFx also has a VIP program, upgrading the LimeFx trading experience significantly via up to 30% reduction in trading fees and increased cashback. I like the LimeFx trading fees in the ECN account and multi-tier leverage system.
Account verification is mandatory at LimeFx, as it complies with global AML/KYC requirements. Most traders will pass it by uploading a copy of their government-issued ID and one proof of residency document. LimeFx may ask for additional information on a case-by-case basis. Supported account currencies are the US Dollar and the Euro, while the cryptocurrency account is a Bitcoin-denominated option. The automatic stop-out level is at 20%, except for the EXN account, which is at 40%.