LimeFX Review in 2024 Spreads & Fees Compared

I’m extremely satisfied with the responsive customer support at LimeFX; they always provide timely assistance limefx official site when I have questions. The detailed market analysis from LimeFX is a huge advantage, helping me make informed trading decisions with confidence. We are so thrilled to hear that LimeFX’s platform is providing great tools for your decision making. We see you are very pleased with service from LimeFX trading platform. Their tools are intuitive and their market insights are highly useful.

Additional Perks Offered by LimeFX

Lastly, you can trade 30 different cryptocurrency CFDs on the LimeFX platform. These include all the most common cryptocurrencies, but looking at the live quotes, they were wide, we’re not sure we’d ever want to trade crypto on this platform. When questioned further, the same customer support person couldn’t verify if we could deposit via a credit card and advised us that we could probably use cryptocurrency to deposit. If you’re a more advanced trader, and you want more sophisticated tools, you may consider Pepperstone, Vantage, or LimeFX with a broader range of platforms.

Their platform is easy to use and their market analysis is consistently reliable. Their platform is user-friendly and their market analysis is thorough. Traders can choose between the well-known MetaTrader 4 and 5 platforms and LimeFX’s user-friendly online platform, both of which include charting and analytical tools. LimeFX’s policy of not collecting inactivity fees benefits traders who do not participate in the market regularly. Traders may keep their accounts open during inactivity without worrying about losing cash owing to administrative fees. This approach is especially beneficial in busy trading environments such as Singapore, where traders value the convenience and cost benefits of shifting money without incurring additional fees.

Through LimeFX FX, you can access additional perks like autochartist signals, evolving trading conditions, weekend trading with digital assets, copy trading and a wide range of educational materials. Trading with a reliable broker is important for traders to be shielded from potential risks and challenges. LimeFX is an online forex, and CDF trading broker awarded the Most Reliable Broker Asia 2023 at the Global Forex Awards. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange.

LimeFX Customer Support Test

The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. Client orders received by LimeFX are offset by banks and liquidity providers. NDD (No Dealing Desk) brokers such as LimeFX act as intermediaries between the trader and the real market and receive a defined and transparent commission for it. As stated on their website, over 21 million trading accounts have been opened across 180 countries with LimeFX.

MetaTrader 4

If you’d like to trade stock market indices, pick from one of ten major global indices. These include limefx forex brokers reviews the SP500, Nasdaq, French CAC40, and Australian SPI 200. It is a similar story for credit card deposits, which seemed only to be available for certain countries, VISA for example appears only available for clients in the EU – very odd. LimeFX is extremely limited regarding payment method options for funding a trading account. The big changes in MT5 are increased charting options, such as timeframes and lesser-known technical indicators.

1. LimeFX has competitive spreads in some instruments such as EUR/USD and impressive research written by in-house analysts.
2. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LimeFX’s lack of additional reputable licenses heavily weighs down its Trust Score.
3. LimeFX also has modest minimum deposits, which is perfect for inexperienced traders.
4. To do this, we take the Forex Fees and the average spreads brokers publish on their website and compare them with the spreads LimeFX public on their website.
5. It is less volatile than other financial instruments, and its liquidity ensures that traders can always find buyers or sellers when they need to close a position.
6. Generative AI tools are not a part of our content creation or product testing processes.

The LimeFX platform is essentially a white-label licensed version of MT5. The main advantage of this platform is easier sign up and less hassle when making deposits and withdrawals. The most popular of the three platforms is MT4, the industry-standard workhorse that more or less every retail broker offers. If you are not of Islamic faith, having no swaps can work for or even against you. Remember that swaps can either be a source of income or an expense, depending on how markets open. Profiting off swaps is a legit trading strategy but this won’t be possible with LimeFX.

Since its establishment in 2011, LimeFX has navigated the arduous landscape of global commerce and established itself as a broker deserving of sincere attention. Read our full explanation and accounting of our research and testing process to learn more about how we test. The following table summarizes the products available to LimeFX clients. Use our country selector tool to view available brokers in your country.