The company offers educational courses on FX trading, provides trading tools, proprietary data, and premium resources. It also offers dedicated 24/5 customer support with global offices in London, Melbourne, and more. The breadth of platforms and available tools means that experienced traders are best served by LimeFx’s emphasis on incorporating value-added services and resources. LimeFx offers competitive pricing with average spreads for popular currency pairs such as EUR/USD at 1.3 pips and GBP/USD at 1.8 pips.
- If you prefer to place orders by phone, LimeFx offers a trading desk line that can be handy should you experience an interruption in your internet connection.
- To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders.
- Whereas other renowned brokerage platforms are asking for comparatively higher deposits to trade in standard accounts, LimeFx is fully flexible in this term.
How to get started with the trading platforms?
The platform allows users to copy the trades of professional traders immediately as they occur. LimeFx Plus – including resources for every experience level trader it offers an advanced technical analyzer, trading signals, and exclusive tools. FxPro Fees and Spreads Trading will involve fees from USD 3.50, spreads from 0.06 pips, and commission-free trading depending on the account traders select. Overall, trading with LimeFx involves fees from $50 USD, spreads from 0.2 pips to 1.3 pips, and commissions depending on the account type selected.
BDSwiss Account Types
Whereas, tire 2 and tire 3 regulators indicate average and low trust. Unfortunately, LimeFx is unavailable to U.S. traders at this point in time. If you prefer to place orders by phone, LimeFx offers a trading desk line that can be handy should you experience an interruption in your internet connection. This platform is a worthy alternative to Trade Station and MetaTrader. Active Traders commissions can be less than most ECN brokers once you factor in that LimeFx has lower commissions. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.
LimeFx Active Trader – Good for High Volume Traders
LimeFx offers traders a few different accounts, with forex and CFD instruments (commodities, crypto and more), leverage, and a truly impressive variety of plugins and accompanying applications. With reasonable trading fees and conditions plus an industry-best level of flexibility for traders, LimeFx is an enticing option for frequent traders with virtually any strategy preference. LimeFx is suitable for various types of traders, ranging from beginners to experienced ones.
Top eye-catchy features of LimeFx
Since this difficult period, LimeFx has made effective moves to repair its damaged reputation. The new owner of LimeFx is Jefferies Group, a well-known and trusted investment bank and financial services company based in New York. With their history laid to rest, LimeFx now offers great prices and a quality education limefx reviews suitable for most traders. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun. In doing so, we often feature products or services from our partners. However, the opinions and reviews published here are entirely our own.
Withdrawal methods
Just go to the LimeFx.COM website and over there you are given two options- 1. LimeFx Group is regulated under several jurisdictions and the broker has strong regulations. To stand straight as a prestigious and trustworthy brokerage firm, LimeFx is regulated by FCA, ASIC even FSCA. Withdrawal can be done by card, Bank Wire or Skrill, Neteller and in Australia by Electronic Funds Transfer and Union Pay. While there are no withdrawal requirements, there are fees when using Bank Wire and Union Pay. While there is a wealth of material for forex, education is lacking when it comes to CFD education.
Commissions with most other brokers are $7.00 round-turn, while Active Traders can be as low as $5 round-turn. If you subtract 0.2 pips from each spread, then the spreads appear to be more competitive. See how LimeFx compares to the leading Forex brokers by reading one of the reviews below. There are only 39 currency pairs to choose from, as well as 14 Stock Index CFDs and 10 Commodity CFDs.
All CFD option is commission-free, which means costs are included in the spread. An LimeFx dealing desk determines https://limefx.club/ the best execution means which can result in LimeFx acting as a market maker or using a dealing desk.
The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN. LimeFx has a history of fraudulent business practices that lasted from 2009 to 2014. Namely, the company offered its users a no dealing desk platform and gave them misleading information that damaged their trades. LimeFx has local numbers from its operating regions and they are operated by the local representative of the broker so that every trader can take customer service effectively. Client funds with LimeFx LTD are segregated according to FCA client money rules.
And lastly, advanced and modern designed trading tools are the center of attraction for many passionate traders. On the other hand, fast and expert traders may take the experience of an extremely volatile market by choosing the NinjaTrader platform. It doesn’t matter if you are a newbie or an expert investor, LimeFx cares equally for every client.
It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools. This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms. While you can find platforms with more indicators, more charts, faster speed, as a whole, MetaTrader 4 offers one of the most complete packages because it does everything really well. MetaTrader 4’s reputation and reliability make it a sound choice for all traders. This is LimeFxs offering to all clients who don’t qualify as an Active Trader.
LimeFx is a well-established broker that offers trading facilities on shares, stock indices, forex, commodities, and cryptos to a global market. LimeFx has offices in multiple global locations, including Berlin and Sydney. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.