Contents
The available payment methods at LimeFX offer a well-balanced mix, with only cryptocurrencies missing. There are no internal deposit or withdrawal fees, except for a $20 bank wire charge, which applies everywhere. I want to point out that traders will pay third-party payment processor costs, which LimeFX does not control. Traders will make all financial transactions from the secure back office, and I find the available payment methods offer all types of traders a decent option.
LimeFX offers online Forex trading through multiple Forex trading platforms, including MetaTrader 4, cTrader, TradingView and Apps for iPhone and Android. Stop hunting the norm, changing trades ‘willy nilly’, the live feed on my screen would change to total different prices and history in a flash, total different to their demo account and other forex brokers. 800 pips different on my feed from LimeFX from every other broker. I had many winning trades that would not take profit when price reached. Is all I could do was close all my positions at once and take a 50 percent loss, for LimeFX would not let me trade real forex.
Existing clients of this broker, please share your experience with new traders, in the comments section below. The website is very complex and filled with important information so it will take a while to get to know the ins and outs but nothing overwhelming. The website is translated into 8 languages and the platform is available in 14 languages (that’s a lot), Demo accounts are easily and freely available, as well as mobile versions of the platforms. If you are new to FX/CFD trading, this broker will seem a bit complex and you might not be familiar with all the terms they use. That’s simply because Forex and Contracts For Difference are more intricate trading instruments than Binary Options, so you have to be open to learning new things. That being said, LimeFX does a great job at explaining them and offers a high level of transparency, not to mention a safe, regulated trading environment.
When volatility is high, be aware that it can potentially be spread out over a larger range of values and the price of the value can change dramatically over a short period of time in any direction. LimeFX earns the bulk of revenues from spreads, commissions, and swap rates on leveraged overnight positions. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based LimeFX Razor account. The section comprises articles on pip value, risk management, technical analysis, fundamental analysis, technical indicators, etc. This is a fundamental analysis tool that shows the dates of important economic events and their previous and forecasted impact on a defined financial instrument.
While each LimeFX real account has some common features, they also have some individual features too. So, everything will be done by artificial intelligence while eliminating your emotional influence. Instead, you can let the AI handle everything based on data. You can use it on your desktop or mobile devices from anywhere in the world and trade directly using the TradingView charts.
LimeFX is an Australian broker focused on providing international forex, CFD and cryptocurrency trading. Though U.S. traders currently cannot open an account with LimeFX, the broker remains an affordable and comprehensive option for international traders. Overall, LimeFX offers an exceptional trade experience for all types of traders, whether it is low spreads for the cost-conscious trader or interface functionality for the more technologically advanced trader.
Review Breakdown
LimeFX has a great mobile trading platform; we really liked its design and user-friendliness. After you download the MT4 mobile trading platform, you have to access the LimeFX-Live server. Bank transfer withdrawals are also free in the EU and Australia, but cost $20 for clients in other countries. If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don’t have to pay a conversion fee.
Additionally, they can provide important information about the market conditions and trends. Dubai Financial Services Authority is the regulatory authority that oversees all financial activities in Dubai. DFSA was established in 2004 to provide a unified regulatory framework for Dubai’s financial sector and to improve coordination between the relevant authorities.
Finaly Lot of comunication with them I have recived my funds
Now the LimeFX website indicates that I can only withdraw the amount I deposited via Paypal and not the full amount in my account. Candle was all over the place in matter of fact no trader could have won on that specific time. Please note that we will be more than glad to check this for you further, we may open a full investigation to check this, please contact us via email at , and we will check this for you as soon as possible. Thanks for taking the time to leave your feedback, and we are sorry to hear you’ve had a bad experience with us. LimeFX is a forex and Spread Betting broker operated by the LimeFX Group of companies since 2010.
Also, you can connect to other forex traders in the world and contact them or make friends. However, the best thing about TradingView is that you can do the automation easily with the help of the coding language Pine Script. It is designed in a way to provide an institutional trading environment which also works on providing depth of market. MetaTrader 4 also offers LimeFX automated trading 24/5. We also use different external services like Google Webfonts, Google Maps, and external Video providers.
CTrader Automate is an algorithmic trading solution that is used to automate trading strategies within the cTrader. Just like the MetaTrader platforms; cTrader is available as WebTrader, windows desktop application, and also as mobile apps for android and iOS devices. It also has a video library that teaches how to use the platform. LimeFX is a popular Australian forex and CFD broker that is on a mission to enable ambitious traders to embrace the challenges and opportunities available in the global financial markets through technology. The brokerage was founded in Australia in 2010 by a group of experienced traders who were frustrated by high trading fees, inefficient client support, sluggish trade executions, and other anomalies.
Why LimeFX Doesn’t Suck In 50 Words
In the year 2012, the Australian Growth Company Awards awarded LimeFX’s Growth Company of the Year Awards and ‘Financial Services Growth Company of the Year Award’. LimeFX is an excellent, reputable, regulated, andtrusted broker. The support team can be reached through online web chat, email, and phone calls. On social media, LimeFX is on Facebook, Twitter, LinkedIn, and YouTube. This method is fast and the deposits are instant and trading can commence immediately.
- Overall, LimeFX offers an exceptional trade experience for all types of traders, whether it is low spreads for the cost-conscious trader or interface functionality for the more technologically advanced trader.
- Out final thoughts about LimeFX are very positive, as a regulated broker LimeFX delivers a reliable trading solution.
- This means that a client can lose more than their account balance and end up owing money to the broker.
- To cap it all off, they will not give me all my money back which is in their account…
This platform provides an updated look and feel, one-click trading, and full integration across desktop and mobile platforms, which enhance the trading experience for all types of traders. LimeFX offers uncomplicated access to the markets which allows the client to focus on the complicated task of trying to successfully trade the markets. LimeFX is ideally suited to traders that want a manageable range of low-cost offerings, multiple choices of user interfaces and account types, and efficient customer support. Investopedia’s ranking algorithm factored in these attributes in declaring LimeFX as the Best Forex Broker for Trading Experience in 2020.
Your withdrawal of USD has been converted to USDT at the live conversion rate. This rate is subject to fluctuations as it is a live conversion. Please assist scammed by limefx in providing ways for me to withdraw free of charge and close my LimeFX account. As this is the impression that you created when I made the deposit.
Account Types & Min Deposit
Indeed, LimeFX strives to propose the best options to traders community was recognized by numerous awards, which the broker received regularly along to the great reviews from traders themselves. For the Cons there is no 24/7 support and demo account available for 30 days only, also instruments are limited to Forex and CFDs. Whether you are a beginner or an experienced trader, LimeFX education will provide you with the knowledge and skills you need to make informed decisions and succeed in the Forex market. The standard account also provide an excellent institutional-gradeLimeFX spreads. Base currencies for both LimeFX razor account and standard account are USD, AUD, GBP, JPY, EUR, CAD, NZD, CHF, HKD, and SGD.
- Next, fill in your account type, country of residence, choose a password and click ‘Register’.
- Additionally, clients are assigned an account manager to assist them with relevant account-related matters.
- The LimeFX quotes coming from as many as 22 Major Banks and Electronic Crossing Networks, therefore traders can place orders assured of the best possible market price.
- LimeFX offers a free demo account for 30 days.It includes up to $50,000 in virtual funds and has real market pricing.
- However, you can set up a two-step login for accessing the client area on the website .
Ever since I left LimeFX frustrated I could not have been happier with LimeFX. Spreads widen everywhere over night due to decreased liquidity but tighten again round London open. LimeFX is real SCAM who are closing your profitable positions without informing you eventough the market is closed. For more information, you can check out how to stay safe online. This review and rank of the website are created confidently based on the powerful factors we have on hand, but attention to detail and common sense are required. LimeFX has won multiple prestigious awards from Deloitte, LimeFX Trends, and Compare Forex Brokers for their consistently excellent trading conditions.
LimeFX has partnered up with multiple social trading platforms, through which you can access copy trading features including Myfxbook, Mirror Trader, MetaTrader Signals and DupliTrade. I wrote the customer service on email asking them to process a broker to broker transfer out of my LimeFX and they agreed. They asked me to send them the confirmation document from my other broker. When I attached the document a different agent replied to my email saying that they don’t process broker to broker transfers. My funds are now stuck at LimeFX because I can not withdraw to my bank account which has been hit by sanctions.
Razor account
If the client can deposit money through Skrill there is no logical reason for them to disable Skrill withdrawals. I withdrew from my account and it indicated the transaction was successful. Award-winning online FX and CFD broker LimeFX has started his operation under its German license granted by the local regulator BaFin. The new operation will strengthen the broker’s fintech offering to the German speaking world in its 10th year of operation. Find out more about LimeFX’s range of instruments and markets available to traders here…. LimeFX one of the world’s largest brokers,enters the Kenyan forex trading market.
This is a company with a very long history, which has proven times and times that they are here to do business, not to put their hands in your pockets. The parent company is regulated by a major regulatory body and the European branch is also regulated by one of the fiercest watchdogs in the industry . They enjoy an impeccable reputation https://limefx.group/ online and we couldn’t find anything to worry about. I need multiple trading accounts but the system has to approve one by one. I would say that in today’s age software like MT-4, MT-5 which is standard for LimeFX and other brokers is super outdated and I would really appreciate it if LimeFX created its own broker.