LimeFX Europe Review and Tutorial 2021

No third-party add-ons are currently available on the MT4/MT5 offerings. The existing tools may leave many traders incomplete, creating a sub-standard experience. Another downside is that the clients may choose either of the accounts – MT4/MT5 – for investing.

• The web terminal allows for trading without any software installation.
• ECN charges a commission for trades and Classic charges are based on spreads.
• LimeFX Investments Limited routinely offers advancements and challenges.
• As of 2020, LimeFX has over 500,000 clients who trade with the broker actively daily.
• The LimeFX waivers on deposit, withdrawal, and foreigner recharge is also an additional advantage.

Lesser access to tools needed for the execution of trades and analyzing the forex market. The company is officially headquartered at a registered address on Ajeltake Road on the Ajeltake Island in Majuro, Marshall Islands MH96960. It is also available in Saudi Arabia, Luxembourg, Kuwait, https://limefx.club/ Qatar, and most other countries. However, the broker is not safe for trading in the United States, Israel, and Japan. In regards to the review, an automatic withdrawal service of LimeFX has been evaluated on its ability to execute withdrawal of up to $100 of clients’ funds every day.

Open a trading account

Spreads bring incomes to LimeFX and differ according to the nature of the account and type of traded asset. ECN account uses a commission-based system and charges $5 per lot. Those who like a break from conventional markets may seek the common cryptocurrency pairs to trade-in. LimeFX Trading Platform account holders gain access to numerous assets and markets in LimeFX. Choices are the MT4 and MT5 platforms and the mobile apps for both android and iOS systems.

To open a trading account, users need to fill up an online registration form available on the company’s website. A KYC-based verification is conducted online, which activates the account. It takes around 2 days to get the account verified and activated. For clients in some countries, the verification period may extend to 5 days.

Does LimeFX offer copy trading?

There are 9-time spans, in addition to full trading history. You can also get help 24/5 by clicking on the live chat logo, which is available upon login to a demo or live account. Alternatively, see the FAQ portal or reach out via Telegram. LimeFX Europe Limited is also a member of the Investor Compensation Fund, which protects client funds up to 20,000 EUR. Traders should have a reasonable level of trust with this broker. The owner has ensured all LimeFX Europe deposits and withdrawals can be managed from within the secure Client Cabinet, which also contains a live chat in case of any problems.

LimeFX provides its traders access to two trading platforms – MetaTrader 4 and MetaTrader 5. Both MT4 and MT5 trading platforms have been globally recognized as effective trade tools. MetaTrader 4 is being offered by LimeFX since web-based platforms through the WebTrader interface. To facilitate mobile trading, these platforms are also available as a mobile app, allowing clients to start investing at their convenience. After opening a new account, LimeFX traders get access to around 56 forex currency pairs for trading. The company also supports the trading of 6 commodities and 16 cryptocurrencies and holds licenses to provide trading services for some 37 US-listed equity CFDs.

LimeFX Overview

ECN accounts are meant for experienced professional traders. Negative balance protection, social trading, and Islamic accounts are available. EKYC is required for security purposes since trading involves extensive money, and a lot of cybercrime happens these days. Always updated with the latest market information and presenting a range of advisory services, traders find the best opportunities for successful trading with them. Regarding the demo account used for learning to trade, no charges are imposed, and it is free to use. Not only can they be trusted through a regulatory mechanism, but the trading platforms they provide like MT4 and MT5 are among the most advanced.

With 50,000 clients globally who have trusted them so long, the systematic well-organized trading infrastructure deserves praise. Spreads in the classic scammed by limefx account consider the account type and asset of trade specifically. Commissions and spreads differ according to the nature of the assets being traded.

Is LimeFX regulated?

Funding is available via bank cards (Mastercard or Visa) and e-wallets including Skrill and Neteller. Fees are reimbursed for all local deposit methods and are processed instantly. The minimum amount for deposit or withdrawal is $1 for e-wallets and $10 for cards.