LimeFxfx Review: Minimum Deposit, Pros And Cons & Much More

The broker has a generous selection of high-quality trading tools which can be vital for analysing the markets and making informed decisions. There are some educational materials to assist beginners https://limefx.vip/ and help you to improve your trading knowledge. Regardless of your preferred trading strategy, they have accounts for all styles of trader, with differing levels of investment and experience.

1. To trade in currency as a private investor, you need a reliable Forex broker.
2. The calendar features both current and past weeks’ events, while also publishing upcoming events.
3. However, you can just create another one on a different trading platform—for free.
4. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
5. There is color coding to demonstrate the difference in expected values and actual values of the indicators.

Moreover, you do not need trading experience for copy trading, so even novice traders can participate without incurring losses and risks. The platform offers competitive spreads that range from 0.8 to 65 depending on the type of currency pairs. The currency pairs like EUR/USD and a few others have a tight spread of 0.8 pips; most pairs have competitive spreads except USD/ZAR, which has a spread of 65 pips.

LimeFxTrader platform.

Overall, there is a lot to like about LimeFxFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully limefx reviews customisable trading platforms with accounts to suit all types of trader. The trading costs are very competitive whilst customer support is prompt to answer questions.

New instruments: XTIUSD and XBRUSD

The calendar has advanced filters to only show news that is relevant to you. I think this is a vital tool and always like to check if there is any pending news before taking a trade. You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Trading on MT5 Supports All Order Types

At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Minimum deposits at LimeFx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFx entity you choose for establishing your trading account.

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Founded in 2011, LimeFx (formerly LimeFxFX) is part of a group of global entities, which include LimeFx Markets LTD (based in the island of Mwali) and LimeFx Markets Cyprus Ltd (based in Cyprus).

The broker also has their very own trading app which provides a modern and sleek interface for an enjoyable trading experience. MetaTrader 5 (MT5), besides simply offering more than MT4 does, also includes features and trading functionalities that are better than many other online trading platforms available today. With MT5, MetaQuotes Software has increased the number of technical analysis tools available, along with more charting and timeframe options. Operating under multiple top-tier financial regulators and offering security measures like negative balance protection, funds segregation, etc., makes the broker extremely reliable.

Cryptocurrency leverage increased

You can create multiple trading accounts for your LimeFx profile, each with its own balance and leverage. To open your first LimeFx trading account, sign up and follow the instructions. You can always open more trading accounts on different trading platforms for free. I feel that the platforms should have more than enough tools for most of you to get by. You can also find loads more of free and paid add-ons to further enhance their capabilities.

LimeFxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough. However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner. I have always found them to be reasonably quick to respond but think they could improve by extending hours to 24/7 support. LimeFxFX aim to minimise trading costs with 97.5% of orders executed without slippage through the STP (Straight Through Processing) and ECN (Electronic Communications Network) models implemented.

Categorised in: Forex Trading

This post was written by vladeta