LimeFx Review Based On Fees + Features 2024 Updated
And don’t be upset because depending on which payment method you are using the money transfer time may change. Once LimeFx confirms your address proof, you will be redirected to MYLimeFx (Personal area) and start trading. LimeFx Group is regulated under several jurisdictions and the broker has strong regulations.
- Unfortunately, LimeFx is unavailable to U.S. traders at this point in time.
- Since 2010, LimeFx has received 35 industry awards from well-respected sources.
- LimeFx broker is worthy of high appreciation for its quite easy and fast withdrawal process.
- I would have appreciated if LimeFx would send daily and monthly reports about the performed trades, but that is a nice to have and not a must.
- LimeFx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message.
- Lastly, the broker has trading instruments from a limited number of asset classes when compared to industry leaders such as IG.
When it comes to trading techniques, LimeFx is very open in what is allowed. They are a very algo-friendly broker who provide for a range of extra tools to accommodate algo traders. With little more than 100 assets available, some may consider the LimeFx asset offering to be quite limited even though it covers a variety of markets. In any case, here are the markets and assets you can expect to find.
The video library includes lessons on platform use, forex introduction, order kinds, and mobile platform usage. To provide this service to its clients, LimeFx has teamed with two well-known VPS providers. You can also get a free VPS from other brokers including Key to Markets.
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LimeFx Forex Trading Regulation and Security
The trading apps can be downloaded from the Google Play store or Apple store. The Trading Station Mobile platform lets retail traders quickly and easily access the forex market. Trades can be placed and managed on limefx reviews the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices. It has all the powerful trading tools for efficient trading and market analysis.
Review Methodology
The demo account and the lessons are great if you are a beginner at forex trading and you want to practice with virtual money. Users also get free educational content when they sign up for the demo account. Keep in mind that the demo account is only available in a limited number of countries. Trading Station mobile and MT 4 together provide a stable mobile trading experience, packed with features like the comprehensive trade ticket that allows for one cancels other orders. It is a good trading software overall and has a scripting language that allows users to develop their own indicators and scripts.
If you ever need anything else, our team is always happy to help. If we remain careful we can easily escape the rollover cost by closing any open options before 5 pm EST on a trading day. Economic calendar- You can get all the market-moving events and keep live track of key economic actions, reports, or announcements. And happily announcing, no withdrawal fee is applicable for credit/debit cards even electronic wallet withdrawals. LimeFx wallet will allow you to gauge your withdrawal progress by running the live report.
Is LimeFx Regulated?
I think the calendar is a vital tool to make sure that you are aware of any pending news releases that can impact your positions. All in all, LimeFx doesn’t get a good rating when it comes to the range of investment types. LimeFx (Forex Capital Markets) is a forex broker founded in 1999 in New York, currently based in London, UK. Global Brokerage, Inc. the previous parent company of LimeFx filed for bankruptcy in late 2017. With their history laid to rest, LimeFx now offers great prices and a quality education suitable for most traders. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun.
LimeFx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUDUSD and AUDJPY currency pairs. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure. Long-term or discretionary traders may also like this account as the simpler cost structure compared to a commission account can make trading easier. The LimeFx Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit.
If you have any further questions or need assistance, please don’t hesitate to contact us immediately. Our team is available 24 hours a day, five days a week via email, chat, and phone. An LimeFx dealing desk determines the best execution https://limefx.name/ means which can result in LimeFx acting as a market maker or using a dealing desk. LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel.
