LimeFx Broker Review: A Comprehensive Guide for Novice Traders

Overall, the broker, with its over 1000+ markets, offers a very large offer for private traders. The MetaTrader trading platform is also perfect for analyzing needs and opening trades. The educational rooms are live trading rooms where clients may enter and participate to see live markets traded in real time.

  • It is recommended that traders carefully review the fees and processing times for each funding and withdrawal option before making a transaction.
  • This account can be used indefinitely, and it is the perfect way to get practice with the broker.
  • All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient.
  • Some other noteworthy features of LimeFx’s Research facility include webinars, economic calendars, how-to videos, forex seminar s streaming, technical indicator tools, etc.
  • LimeFx has this feature called Tradepedia, which provides insightful resources for technical analysis.

In essence, LimeFx brands can afford to offer low spreads during particular market conditions. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms.

Trading Platforms

I always start on a demo with a new broker just to get a feel for what they have to offer. They offer an impressive 25+ secure payment methods, 16 trading platforms and 24/5 customer service. I like the fact that they take great limefx forex brokers reviews pride in being a fair and reputable broker with all clients receiving the same trading conditions regardless of their investment size or trading experience. Overall LimeFx is a broker we can recommend without any hesitation.

  • They are very proud of being a fair and reputable broker with all users, receiving the same trading conditions for their investment and trading conditions.
  • LimeFx processes requests within 24 working hours, but it may take up to five business days for funds to arrive depending on the final destination.
  • Too often in the retail Forex / CFD industry, account type classifications are made unnecessarily complex for marketing purposes.
  • LimeFx has the same features that traders could also enjoy at some other research instruments used by other typical and mediocre forex brokerage sites.
  • If you are a trader looking for the opportunity to directly invest in stocks, there is a great offer waiting for you at LimeFx.
  • It does, however, also increase the potential rewards from trading.

It also includes daily updates about economic events, markets, webinars, tutorial videos, and seminars. This section is updated continuously by market professionals and provides a diverse library of knowledge to help traders of all levels. This video library contains topics about introduction to the market, fundamental analysis, money management, trading essentials, and trading strategies. LimeFx Group is a member of the investor compensation fund and follows the principles given by MIFID (Market in financial instruments directive). LimeFx group has an excellent policy for execution to provide the most suitable conditions to traders. They are collaborating with liquidity providers to offer low spread with a lot of liquidity all the time.

LimeFx Group User Experience

Hedging takes place when you open a LONG and a SHORT position on the same instrument simultaneously. Once you know which account you want to create, simply click “Open An Account” on the right side of the broker’s website. As you see below, you will be required to provide detailed information about yourself, which includes your first name, last name, phone number, location, email, etc. The crypto market can be accessed 24 hours a day, 7 days a week.

Risk Warning: CFDs are leveraged products 73% of traders lose money when trading CFDs with XTB

Happily, in the case of LimeFx, the educational and research offering is there because it is worthwhile. The LimeFx management has visited over 120 cities around the world to connect with their clients and partners in order to interact with them on a face to face basis. They have hosted more than 100 seminars to educate traders, enabling them to make better trading decisions. These activities have helped LimeFx reach the highest levels of client retention of any Forex broker, anywhere.

MT5 allows hedging, full EA functionality, and one-click trading. With LimeFx, clients can trade with real-time execution and no requotes. Since the policy began in 2010, LimeFx has had no rejection of orders and no requotes at all.

LimeFx Awards

This is an excellent selection that I would put up there with some of the best in the industry. However, if you want even more, you could consider TMGM who have over 15,000 or Plus500 with more than 2,000. This is great for those of you who are fans of auditory learning methods and perhaps less boring than reading complex trading guides. The forex webinars are available 19 languages, 7 days a week with 65 webinar instructors. LimeFx Group has a vast range of educational materials within the research and education center.

This platform also lets you display an impressive 100 charts simultaneously. Those who want more will appreciate the superior MQL5 development environment built-in. There is also a multi-currency tester, alerts, and an internal mailing system.

Yes, based on your detected country of FI, you can open an account with this broker. Although LimeFx broker is classed as a retail broker it does have ECN broker qualities and offers no-requotes and no rejections on orders. With so many rewards and incentives already, you might think that LimeFx could not be any more generous, but you would be wrong.

Any trader who is sufficiently trained/experienced in the market can quickly identify which of the accounts they will most likely benefit from. The LimeFx ZERO account allows you to operate with standard lots, lower spreads starting at 0 pips and it has minimum initial deposit of $5. There are four account types to choose from, plus the ability to customize an account. A demo account is available and you can open a live account with just $5.

E-wallets can be in the form of Neteller, China UnionPay, Western Union, IDEAL, SOFORT, Moneybookers, WebMoney, MoneyGram, Bitcoin, and Skrill. Once you have downloaded the trading platform and you have deposited funds, it is time for you to start the market analysis. LimeFx offers some of the best trading platforms available in the market, all of which allow you to do a very extensive and detailed market analysis. This is an important factor in making it in the Forex trading market. Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account.

Pros of LimeFx Broker

Additionally, the leverage and margin options provided by LimeFx Broker give traders the flexibility to control their risk levels effectively. Furthermore, with fast and reliable order execution, traders can seize opportunities in the market without delay. LimeFx, a globally recognized trading platform, offers a wide variety of financial instruments, ensuring a seamless trading experience with advanced tools and user-friendly features. LimeFx is a broker with a great reputation and numerous regulations and very wide range of trading instruments which we mark as its main benefits. Besides, the offering is user-friendly and LimeFx has one of the lowest deposit requirements among the industry, CFD costs we found average and platforms are very friendly to all types of traders. This is a great way to get feedback from industry professionals who know what matters the most to traders.

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