Low trading fees and quality education for beginners from an industry leader. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Need for it to be able to handle some volatility, don’t take profits too early, and don’t hold the losers for far too long. MetaTrader became the first successful retail platform, pretty much setting the benchmark for what should be incorporated into such a platform. Traders can build custom watch lists to navigate LimeFX’s multiple instruments, while charts can be populated with multiple technical indicators and drawing tools. Based on my findings, I concluded that trading CFD shares is most advantageous with LimeFX.
Research Tools
- The LimeFX VIP Account is the pinnacle of exclusivity for traders looking for the best trading conditions.
- LimeFX charges commissions, but they are only applicable to certain account types, such as Zero Spread and Live Zero Fixed Spread.
- Gain exclusive AutoTrade access upon request after your account is verified and start copying trades right away.
- I always recommend that traders check them before evaluating the total trading costs.
- However, it is important to remember that payment providers or banks may still have additional fees.
After examining various user experiences, it’s clear that trading with LimeFX elicits mixed feelings among traders. While many appreciate the user-friendly interfaces and wide range of assets, some express frustration with technical issues and withdrawal delays. You might find enthusiastic comments on the trading tools offered, but it’s crucial to stay alert for potential pitfalls, especially regarding customer service interactions. For traders at LimeFX, spreads vary depending on the account type and market conditions.
However, the corresponding disadvantage is that you are exposed to price discrepancies in the limefx scammers form of negative slippage. However, I consider the lack of an instruments search tool to be the biggest drawback of the platform. You have to scroll through the entire list of available instruments in order to find the asset you are looking for, which I find tedious and unnecessary. You have your watchlists, indicators, and other tools on the left side of the window, a chart screen on the right, and account info at the bottom. Furthermore, access is offered to Market Trends, Webinars, Seminars, Trading Psychology, Podcasts, Financial News, and, much more.
TradeCopier
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFX is the company that I take proud of, becase they have been in the business for a long time and still on a roll! Imagine how hard it is to stay afloat in such a competitive sphere for such a limefx long period? It has lots of competitors but has a stable clients inflow and I was the one who recently joined them.
I was thinking that I have seen a lot…
This attention to traders’ empowerment rather than just transaction facilitation demonstrates concern for their client’s success. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework. Success in online trading and investing depends on proper planning based on solid information and useful market insight. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. LimeFX received numerous awards for various aspects of its competitive trading environment. However it’s important to note that this review focuses specifically on LimeFX offered by Notesco Limited and registered in Bermuda.
For the former, there is a $18 round-turn commission per traded lot (100,000 units), whereas the latter has a $10 round-turn commission per traded lot. The broker entity does have comparatively high maximum leverage, but selecting a multiplier is up to the trader. Less experienced traders do not have to go for the maximum and can instead choose a lot more comfortable leverage.
We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I received a rather terse explanation that LimeFX averages speeds of under 50 milliseconds on most orders, without any further context. I had expected to learn more about the total number of trades that were tested over the previous year, the percentages of trades that resulted in positive and negative slippage, etc. Phone support is available only to active clients with their account managers. It is even more cumbersome than the platform’s desktop version, and carrying out sophisticated technical analyses on a small-screened device is virtually impossible.
