LimeFX allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash. While creating their demo accounts, traders are allowed to decide between a great number of deposit amounts that start from $500 and can run into $5,000,000 at the most. While setting up their demo account, traders will only be allowed to go for an account with a floating spread. LimeFX allows its clients to use a number of time-efficient and convenient deposit methods like Visa, Mastercard, and Maestro-branded debit and credit cards, Neteller, Skrill, and Paysafecard.
It also includes the account selection process, which I find convenient. limefx LimeFX supports the MetaTrader 4 (MT4) platform, which is available across desktop, web, and mobile devices. No, LimeFX does not accept clients from the United States due to regulatory restrictions. The withdrawal methods are similar to thedeposit methods, including wire transfers, credit/debit cards, and wallets. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
Why to choose LimeFX?
Our Live accounts can be separated into fixed and floating depending on the spread. Our Cent account is similar to our Live accounts, with the only difference that dollars are denominated in cents. For example, if you deposit $100, this will be converted and added to the Cent account as 10,000 cents. Trading on the Cent account is a great way to start trading if you are a beginner. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. While I appreciated LimeFX for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content.
- Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday.
- First and foremost, its commitment to providing a secure and regulated trading environment ensures that your investments are protected under strict regulatory oversight.
- Furthermore, LimeFX is known for its competitive pricing structure, featuring tight spreads, low commissions, and minimal trading fees.
- The broker maintains segregated accounts for client funds, ensuring they are kept separate from the company’s operating funds, thereby providing an added layer of protection.
Spreads fee details
Traderscan also modify their trading strategies according to market conditions inreal-time. The minimum deposit requirement is $50; basecurrencies are EUR, USD, or GBP. Forex traders and other market traders canaccess LimeFX’s services through the MT4 platform, WebTrader and mobileplatforms.
Account types
Because of its simplistic and straightforward design, I would say that MT4 is a good stepping stone for beginner traders wishing to learn essential charting skills on a platform with an easy learning curve. My tests indicate that LimeFX’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading. LimeFX is still a relatively new broker, having been established just a couple of years ago.
Android and iOS Trading Apps
I like the trading environment at LimeFX for its pricing transparency and balanced asset selection. LimeFX offers beginners a quality introduction to trading via its video course, and the minimum deposit of $50 ensures LimeFX is accessible to traders with smaller portfolios. Forex traders get an excellent asset selection, and I like the availability of fractional share dealing, making LimeFX a solid broker for beginners. LimeFX offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function. I recommend traders select demo account settings similar to their planned live deposits to create the most realistic demo trading experience.
Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Traders have access to 9 limefx scammers different timeframes, 3 chart types, one-click trading, exceptional support, customisable charts and a flexible trading experience using MetaTrader 4.
MarketBulls operates with complete transparency, ensuring that all reviews are unbiased and free from external influence. We disclose any potential conflicts of interest and maintain objectivity throughout our review process. Our goal is to empower traders with information that helps them make informed decisions tailored to their specific trading needs. Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table. Each review is meticulously fact-checked and validated by our in-house experts to ensure it meets the highest standards of accuracy and relevance. Yes, LimeFX offers a referral program that allows existing clients to earn rewards for referring new traders to the platform.