After being founded in 2010, their consumer base has become as large as 10,000+ clients. Inexplicably, the daily web-based “Market Insights” column was not reproduced on the research app. Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive.
- Our team of industry experts conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels.
- They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
- They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
- They offers trading on MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps.
- This means that LimeFx users do not need to worry about their money since it is segregated and safely stored in established banks.
Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading. All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations. https://limefx.club/ is a program that enables you to trade currencies, commodities, CFD indices and stocks.
Who are LimeFx?
You should check all of the advantages listed so that you have a better comprehension of LimeFx. Over the past 13 years, LimeFx has become one of the top online brokers available to the public. We recognize that well-informed decisions with LimeFx are the cornerstone of successful trading. So, settle in, grab a cup of coffee, and immerse yourself in learning about LimeFx and how it can benefit you, or if LimeFx might not be the right fit for you. This LimeFx review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about LimeFx to give you the most comprehensive guide available.
I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds. Andorid mobile devices and tablets are used by millions of people globally. The Android LimeFx MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
- Please consider our Risk Disclosure.This website is owned and operated by LimeFx.
- Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
- Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
- The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link.
This LimeFx review page contains information about investing with LimeFx. It is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell securities or stocks.
Thank you for visiting LimeFx
It’s an excellent and intuitive platform with helpful features for your simplicity. Moreover, you could even obtain access to a huge collection of educational tools and assistive material to kickstart your trading expertise. The reason that LimeFx asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, LimeFx has to be careful that they don’t breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, LimeFx must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
LimeFx also includes excellent trading conditions which are available to all and not only an elite class of institutional customers. The tight spreads and fast executions are a fantastic advantage for all traders. The technology adopted by LimeFx is among the maximum caliber, making sure that it’s fast, dependable, and effective. If you are new to trading online, then you will be pleased to find a demo account option. This can be the perfect way to get used to using the platforms and for testing your trading strategies in a risk-free environment.
However, ensure that you know how to make the most of your cash before investing larger sums. As per the company’s privacy regulations, customer data is never to be shared with some other institutions or individuals. You can make use of a choice for 2 Factor Authentications (2FA) with LimeFx for heightened security. An SMS for the verification code will be sent to your mobile phone.
Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms. Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system. LimeFx is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors. The broker has a good choice of over 300 tradable assets, a variety of account types, spreads from as low as 0.0 pips and excellent support in over 30 languages. They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips.
Does LimeFx offer Live Chat customer support?
Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFx Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
It’s great that they serve clients from all different backgrounds and with different religious beliefs. However, as with demo accounts this is something that you would expect from all brokers nowadays. You can buy and sell CFDs on spot commodities with best-of-market spreads and spot execution without having additional foreign exchange exposure. There are all of the major agriculture and energy commodities that you would expect to find with a top broker like LimeFx. LimeFx does not offer trading services to residents of certain jurisdictions including USA, Cuba, Sudan, Syria and North Korea.
A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old. LimeFx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus limefx reviews Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa. LimeFx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues.
Special Features
The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
LimeFx are renowned for their high-quality trading execution which they consistently look to improve by investing in technology advancements. The trading process is automated which keeps manual intervention to a minimum and thus helps to maximise efficiency and effectiveness. The award-winning trading platforms available provide an automated risk-management system to ensure that client accounts will never go negative.
While Metatrader 4 and 5 are a bit outdated with some clunkiness, they provide reliability and vast functionality that frequent traders need. Notesco Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). Over 10,000+ users registered with them can affirm to their trustworthy nature. The highlight of the platform is its quick order execution on transactions. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). LimeFx is an acclaimed fintech company, which operates with transparency.
Forex Simulator
Whenever you make a genuine trade, like purchasing a stock or an ETF, you’re charged trading fees. In such instances, you are paying a spread, financing speed, or even a commission. The sorts of trading fees and the rates vary from broker to broker. The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. If you prefer a fixed spread for your trading strategy then you could consider a no commission account. These tend to have higher marked up spreads but you do not pay a commission on trades.