They give you access to real-time exchange rates, charts and an economic calendar. The broker has a quite basic trader calculator where limefx company reviews you can choose an instrument, lot value, leverage and account currency. You will then be able to calculate the spread, cost of point, swap (short), swap (long) and margin. This can help to speed up the trade planning process which could prove to be useful if you are in a hurry or just not great with maths.
Do I need to verify my identity to open an LimeFX account?
Alternatively, you can have a spread mark-up but pay no commission fee on top. The wide range of trading instruments available ensures that traders can diversify their portfolios and take advantage of global market opportunities. Moreover, LimeFX provides access to multiple deposit and withdrawal methods, though some may incur fees. LimeFX stands out as a compelling choice for traders due to its robust offerings and commitment to customer satisfaction.
One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. 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.
Does LimeFX offer two-factor authentication (2FA) for account access?
- Negative balance protection exists, meaning traders can never lose more than their deposits.
- As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features.
- If this matters to you, please feel free to search for an alternative in our broker ratings.
- LimeFX offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web and mobile (iOS & Android).
- The education program includes a basic course with numerous in-depth modules such as First Steps, Trading Platform, Forecasting, Conducting Transactions on Forex Market and about CFD Trading.
The LimeFX website shows the latest news that can have the most noticeable market impact from FXStreet news wire. Users can get real-time news and recent developments in global financial markets. FXStreet is a leading source for reliable news and real time Forex analysis.
Yes, LimeFX routinely offers discounts and incentives to new and current customers. Check their website and social media accounts for the most recent specials and qualifying requirements. ✅ LimeFX has a blog that covers a wide range of trading-related subjects. The blog is a valuable educational resource, providing insights into market research, trading tactics, and economic news.
Islamic Account
LimeFX Standard Account spreads ranged from relatively wide to competitive in some cases. LimeFX beats the industry average by not charging any inactivity fees. We limefx forex brokers reviews performed tests with a Standard account using the MetaTrader 5 desktop/web platforms and the MetaTrader 5 mobile app. We opened accounts with the LimeFX LTD entity of LimeFX, supervised by the Mwali International Services Authority (MlSA).
We use dedicated people and clever technology to safeguard our platform. A stop-out threshold between 20%-40% acts as a safety measure by automatically closing out on all trades if there’s any chance for a negative balance entry into your account. This protective method significantly shields both trader funds and broker exposure risks. Margin requirements differ according to account type, market circumstances, and the chosen level of leverage.
Where is LimeFX based?
I like the LimeFX trading environment for its low trading fees in its ECN account, VPS hosting, volume-based rebates, and cutting-edge trading infrastructure. The research section ranks among the best industry-wide, and Autochartist is also available. LimeFX presents a secure and trustworthy trading environment, and I appreciate its transparency and client protection. Over the past 16 years, LimeFX became one of the most competitive Forex brokers. I highly recommend it to all traders, particularly algorithmic and high-volume traders.
