LimeFx Review 2023 Trade with an award-winning CFD broker

Education is a powerful tool in trading, and it sounds like you’re on the right path. LimeFx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm limefx website in the United Kingdom, Australia, and South Africa. LimeFx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

As the commission is zero for trading with the broker and the spreads are low compared to other brokers. LimeFx offers its traders MT4 Mobile trading options for https://limefx.club/ both iOS and Android. With smartphones, forex traders no longer need to be tied up to their desks, spending hours watching their trading screens.

LimeFx Review – Pros & Cons Revealed

LimeFx does not offer trading services to residents of certain jurisdictions including USA, Cuba, Sudan, Syria and North Korea. If your country is not accepted, please feel free to take a look at our broker comparison tool for alternative options. They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients.

Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, LimeFx ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. The LimeFx MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give LimeFx traders detailed market tools. MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting.

• LimeFx has a rating of 4.14 stars from 103 reviews, indicating that most customers are generally satisfied with their purchases.
• Transparency is key, and having detailed information, including spreads on different account types, makes decision-making more informed.
• LimeFx notes the availability of 80+ currency pairs, making it an ideal Forex broker.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients. To better understand the LimeFx trading platform, you can create two separate accounts – one with real money and the other a LimeFx demo account. A LimeFx demo account provides a risk-free environment for experimenting with the LimeFx platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in LimeFx trading decisions. It is not a hoax, and traders can invest with the new financial market broker for 2022.

Payment Methods

Different entities in the LimeFx Group are authorised and regulated by CySEC (Cyprus), FCA (UK) & FSCA (South Africa). When you initially register, you can only follow one Strategy Provider; however, you can subsequently follow other Strategy Providers using the TradeCopier platform as well. You have the option of withdrawing your funds at any moment.

Commission and Spread Fees

In addition, the broker offers 8 base currencies to open accounts. This way, clients can deposit and withdraw in their local currencies to avoid currency conversion charges. As an LimeFx trader, you get access to Trading Central’s independent and leading research analysis, ensuring that you are always prepared to trade confidently. Trading Central is an excellent tool for any trader searching for a way to automatically scan their favourite trading instruments for customised signals.

Moreover, the broker provides managed accounts, trade copier, and VPS hosting for those of you who want to automate your trading with your own strategies or copy other professional traders’ portfolios. The broker offers dedicated educational and research tools such as the excellent Trading Central which can be a great help for analysing the markets in detail and finding trading signals. In addition, LimeFx offers free demo accounts and Swap-free Islamic accounts for Muslim traders. They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. I think the desktop version of the platform is great for running automated systems (expert advisors) whereas the mobile trading app is perfect for taking the markets everywhere with you in your pocket.

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Notesco Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. LimeFx supports mobile trading via the MetaTrader 4 (MT4) mobile app.

LimeFx is an award-winning global online trading broker that offers STP/ECN services to retail and institutional investors alike. I found the broker to have rapid trade execution speeds and competitive costs. You can trade a great selection of over 300 financial instruments with a wide variety of account types to choose from, spreads as low as 0.0 pips and support in over 30 languages.

It’s essential to note that the trading instruments offered under the LimeFx brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the LimeFx trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. Don’t be scared off by brokers like LimeFx charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. Many traders prefer it for the services and facilities and the secure trading environment it offers.

The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. LimeFx are able to accommodate various levels of traders whether you are experienced or a beginner. The good news is that you can entirely erase your personal information from the Internet. If you desire complete removal, contact Incogni immediately.