Daily Archives: February 27, 2023

I am satisfied with LimeFX’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. LimeFX uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. The speed of transfers varies according to the payment method used. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are limefx forex broker usually fast, taking 15 minutes or so.

1. I noticed that these assets move in tandem and I try to make the most from this nuance.
2. We are also disappointed with LimeFX’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days.
3. You can also access the LimeFX MT4 platforms on Android and iOS smartphones and tablets.
4. Very tight spreads, never had issues with execution, no down time experienced yet, no commissions and easy & quick withdrawal.
5. The broker has so many additional tools for traders that are not very mature.

LimeFX seems like a solid forex broker

Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. If you have experience trading with LimeFX please share your personal review of the broker and what you think are strong and weak points. I feel this is by far the best conditions to trade with.

Good for certain traders

However, some FX specialists like Forex.com offer thousands of additional instruments, so it’s disappointing to find just 27 non-forex assets on the LimeFX platform. LimeFX uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe. Furthermore, all client funds are held in accounts with major international banks and kept segregated from LimeFX corporate accounts. Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. LimeFX has unusually competitive dealing spreads that you can gauge by opening a free demo account.

Positive experience so far

I take advantage of broker’s competitive pricing and market execution to apply trading bots. Algo trading is a very effective method limefx website to gain profits. Traded here for a while initially on demo, then traded couple of months on a live account. Everything was okay, yeah sometimes I made fatal mistakes, but as I learned, traders should never give up, so do I.

LimeFX offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders. LimeFX places a strong emphasis on trust and security for its users. As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders.

Solution in showing spreads is soo…

LimeFX could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. I rate LimeFX’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries.

LimeFX’s offerings include commodities, currencies, cryptocurrencies, and indices, giving traders flexibility in choosing their preferred markets. With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions. LimeFX supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing.