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. Importantly, https://limefx.biz/ we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee. On the downside, LimeFx’s high fees for most withdrawal methods are a disadvantage.
LimeFx Funding Options – Deposits & Withdrawals
The mobile trading app is perfect for taking the markets with you in your pocket. It makes it quick and easy to keep track of your trades and the latest market news from anywhere at any time. A great place to realize any trading ideas.I was looking for a broker that would suit my trading conditions and this company was perfect. I was looking for a company that provides lightning fast order execution. True STP execution of the broker is the one that I needed to realize my new trading strategy. Because sometimes brokers claim that they have direct execution, but in reality they don’t.This company’s business model is built on the NDD execution so I am very confident in it.
Cool broker with not so many instruments.
They need to do this to reach a minimum withdrawable amount, which is quite high – fifty bucks. So, if you expect to withdraw small amounts every day, this broker is not for you, but it’s no problem for skilled scalpers to earn fifty bucks a day. There’s one more thing that makes this broker universal and I joined this company once I learned about this crucial detail. It interested me as a long-term trader because it encourages to hold trades for a long time. You know that when you hold a trade for a long time and temporarily face a pullback, you are in the red and e swaps makes the situation even worse. Sometimes traders lose because their margin wasn’t big enough and swaps killed the remaining depo.
I find this broker quite universal
The broker has solutions for money managers and those of you who want to copy trading signals from other trades. However, there aren’t any individual stocks to trade and there is an inactivity if you do not trade enough. That being said, I think that the broker can be a feasible option for day traders who are looking to primarily trade forex or cryptos.
Traders #1 ChoiceECN XL Account
They have the best execution model that I have used and it applies to all of their clients. Trades are executed at extremely high speeds that it is virtually impossible to have any slippage. Y’all know what I done right after I entered the website? I explored all documents first and then got down to researching various “educational” articles. They seem to me quite helpful as due to them you start feeling the market and almost imagine how a perfect trading strategy should look like.
If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services. LimeFx has a rating of 3.2 stars from 70 reviews, indicating that most customers are generally satisfied with their limefx official site purchases. Reviewers satisfied with LimeFx most frequently mention trading conditions, currency pairs, and demo account. I’m talking about those traders who started trading quite recently. As it turned out, I didn’t know anything about trading at all.Now I sometimes open real orders to test my skills.
The very first thing I noticed when I started trading with the ECN XL account was the instant execution. I was trading with another broker previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed. So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different.
LimeFx’s trading account is also available without a swap, upon request. Open your account online and contact your account manager for more information. In our opinion, its Islamic account is one of the best on the market because you can keep your positions open for as long as you want without incurring additional costs. LimeFx supports the MetaTrader 4 platform, made popular through its support of trading robots. LimeFx welcomes all trading styles, including hedging, scalping, and arbitrage, and places no restrictions on your use of Expert Advisors. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing.
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. While this type of fee is not unusual, LimeFx imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. Compare LimeFx with the top 3 similar brokers that accept traders from your location. Besides the very frustrating withdrawal charge, LimeFx’s non-trading fees include a $5 inactivity fee charged after 120 days of dormancy. I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions.
- The $0 minimum deposit also makes the forex broker accessible for new traders.
- The service provider is BeeksFX, but LimeFx clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots.
- Our partners cannot influence our reviews, nor can they pay us to bias our rankings.
- This one decided to save this energy and it redirected it to other tasks.
- They have small differences, but here everything is combined in one account.
On the negative side, there is a slim selection of trading platforms with access to MetaTrader 4 (MT4) only. Our team is also disappointed by the withdrawal fees and weak regulatory oversight through the offshore branch. LimeFx offers a decent selection of payment methods including standard card and wire transfers as well as crypto and e-wallet solutions.
I got to know them through their twitter account where they interesting market news and data daily. Then I actually started trading on their platform, and the conditions are just super rich and favorable. This type of trading model levels the playing field with more transparency and a greater degree of control over your trades. As far as I know the entire information on this matter is provided by the broker on its website.