While comparing LimeFx with Roboforex we came across many similarities and some differences. Both these brokers have made their name in the financial market and have a big number of registered clients on their platforms. Moreover, both LimeFx and Roboforex are registered by a single commission of Saint Vincent and the Grenadines, this makes these brokers less secure than others. Contrasting to this, the only aspect in which Avatrade exceeds LimeFx is in its level of regulation. Avatrade is regulated by 7 security commissions of different regions at the same time.
Before starting to trade, potential clients of LimeFx should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. LimeFx offers a variety of research tools like economic calendars, trading calculators, technical analysis articles, and news. Regulated brokers are not allowed to manipulate market prices and withdrawal requests must be honored. If LimeFx violate any of these regulatory rules, their regulatory status could be taken away from them.
Seasoned traders and financial institutions along with long-term investors all appreciate narrow spreads as it enables them to make more profit due to low market volatility and more price liquidity. Regardless of all the optimistic reviews there certainly were some flaws that were mentioned in the customer reviews. These included the high commission rate of LimeFx as compared to other trading platforms and also the minimum deposit amount of $ 100 is deemed as high by the new traders. Secondly, LimeFx is known for its high leverage and instant withdrawals which makes it a good choice for traders and investors who are looking for massive profit-making opportunities.
- LimeFx grants its clients a gateway to an elaborate spectrum of over 550 trading instruments.
- The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.
- I would always feel more confident using a regulated broker as they must follow strict rules and procedures that have been put in place to protect investors.
- Unlike other brokers who have a limited range, LimeFx has options for multiple account types including fixed accounts, standard accounts, ECN accounts, and institutional account types.
Advantageous broker’s offer for traders cooperating with other market companies. The promotion is valid only once for traders who traded at other brokers on the real account, it is available after making a deposit on the LimeFx platform. For more details about the terms and conditions of this bonus, please, contact your personal manager.
A Forex broker provides traders with access to platforms that allow them to buy and sell foreign currencies. LimeFx is an offshore trading company that operates without a trading license but provides access to compensation funds through FSC. On the positive side, LimeFx trading company provides negative balance protection. Whether it’s social or copy trading, advanced indicators or charging, you can have it here.
Trade from your smartphone with the LimeFx app
For advanced traders, LimeFx provides technical and fundamental market analysis, as well as access to Expert Advisors for automated trading strategies. This focus on education demonstrates LimeFx’ commitment to supporting its clients at every stage of their trading journey. LimeFx dedicates considerable effort to ensuring client safety and security. It is regulated by the Financial Services Authority (FSA) of Saint Vincent, which enforces strict regulatory standards.
The MetaTrader platforms are already fully loaded with more tools than most of you will ever need. There are plenty of built-in technical indicators and drawing tools for creating complex trading strategy templates. That is not to mention the fact that you can get loads more from the MQL marketplace and even build your own in the MetaEditor interface. That being said, it is great to see LimeFx provide you with some handy tools to further enhance the online trading experience. LimeFx offers a demo account so you can try the LimeFx platform with virtual trading before you put down a payment. A demo account is a great opportunity to practice strategies and become familiar with the platform with their demo account option.
LimeFx in the USA
If a client of the company is not familiar with the regulations, this does not mean that these provisions will not apply to him, on the contrary, the actions of the broker in most cases are determined by the “Agreement”. In addition, sometimes its provisions can cause a number of questions for the clients of the company, even reduce the confidence in the organization and complicate the mutual understanding of the trader and the broker, etc. 👉 New and experienced traders alike believe scammed by limefx MT4 to be one of the greatest trading platforms available. 👉 Nigerian Muslim traders can convert their live trading account (except RAMM Account) into a Swap-Free account that will exempt them from overnight fees. 👉 LimeFx is not regulated or authorized by the Central Bank of Nigeria (CBN), and the broker does not have offices in Lagos, Nigeria. However, this offshore broker can offer its services and trading solutions within the country to beginner and professional traders alike.
One of the most critical aspects for any trading platform is regulatory compliance, and LimeFx falls short in this department. LimeFx boasts a diverse portfolio of tradable assets, catering to the various interests and strategies of traders. MetaTrader 4 is universally acknowledged as a superior trading platform, esteemed by novices and professionals alike, due to its symbiosis of convenience and functionality. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
For this reason, there is also healthy competition among brokers to provide the best trading services to their customers in order to survive in the financial markets. Hence, any individual looking for a broker would come across many efficient brokerage platforms in the market. Every brokerage platform offers a different type of account to its customers as the trading accounts are essentially targeted to the type of traders. LimeFx is a renowned online broker offering an extensive selection of trading options for both novice and experienced traders. With its commitment to providing a user-friendly interface, advanced trading tools, and unparalleled customer support, LimeFx has firmly positioned itself as a leader in the digital trading industry.
MT4 is considered to be amongst the best trading platforms for both new and professional traders alike. It has an intuitive interface with an array of functionality to perform plenty of trading actions from chart analysis to multiple order types. MT4 offers a good combination of convenience and functionality for trading online. It is considered the industry’s standard for online trading and is available through many brokers which can means you don’t have to learn a new platform from scratch should you switch brokers down the line.
Offering users a seamless and intuitive platform, AMarker has successfully democratized trading, making it more accessible and understandable for both new and experienced investors. This review will delve into the features, benefits, and aspects that set AMarker apart in the crowded online brokering space. Other advantages of LimeFx include ECN accounts with the tightest spreads and copy trading for passive income. Similarly, instant withdrawals, compensation funds, and responsive customer service are also plus points of this platform. The same process will be followed for a demo account however, the demo account will not be transferred into a live trading account unless the initial deposit funds are paid by the user. When we evaluate LimeFx in the financial markets we can observe that LimeFx is among the best online brokers in each aspect of a brokerage service provider.
However, traders are advised to thoroughly review the broker’s fee structure and any potential third-party charges to ensure they understand the full cost implications of their trading activity. It’s important to note that features may vary depending on the specific account type and jurisdiction. Traders should review the details provided by LimeFx to understand the full scope of features available to them. MetaTrader https://limefx.vip/ 5 incorporates superior trading functionalities and advanced tools, ensuring comprehensive price analysis, sophisticated algorithmic trading, and optimal copy trading experiences. By opting for LimeFx, you are choosing a trading partner that is devoted to offering not just a platform but an enriching trading journey. LimeFx grants its clients a gateway to an elaborate spectrum of over 550 trading instruments.
Security for Investors
Continuing its dynamic development and following the innovative solutions of the market, it is ready to offer its clients the best conditions for full-fledged trading. The fact that in 2017 the broker became the second among similar organizations in terms of the number of successful users also testifies to the right way of development. We give LimeFx an overall rating of 6/10 based on Tier-3 regulatory status, limited range of educational resources, and limited range of markets.
Forex traders can access over 50 currency pairs, including major, minor, and exotic pairs. The commodities market offers opportunities to trade in energy products, metals, and agricultural commodities. For those interested in indices and stocks, LimeFx provides access to leading global indices and shares from major corporations.
Whether it’s compensation funds, negative balance protection or something else. In sum, AMarket’s commitment to customer support and the provision of value-added services significantly contributes to the platform’s user-oriented approach, making it a top choice for online trading. However, those individuals who want to test the services of this broker can open a demo account that does not require any deposit of funds. Nevertheless, the demo account can only be transformed into a live account after the transfer of the minimum initial deposit. To conclude we can say that LimeFx is certainly a brokerage company that is worthy of any trader’s investment. As far as LimeFx is concerned, customer service is also up-to-the-mark as there are multiple ways to contact and communicate with the support staff.