Contents
Time in force conditions such as Good ‘Til Canceled are available for pending orders. MetaTrader 4 allows users to develop, test and apply Expert Advisors . EAs are programs that monitor and trade markets using algorithms. They find opportunities according to set parameters and then either create a notification or automatically open a trade.
The withdrawal process is fast and transparent. The capabilities of the ctrader trading platform are optimal in this case. The database server provides simultaneous processing of several orders, allowing you not to miss the right moments to enter the market and implement them with minimal slippage. Also, the platform’s capabilities allow you to configure the default allowable price slippage and automatically add SL, TS and TP with the specified parameters to each open position. I’ve spent a little over five years on different trading platforms. I liked LimeFx the most, and I have been making trades here since 2015.
For me LimeFx is one of the best brokers I have been using. The conditions are very attractive and cost-effective. There are a wide range of deposit and withdrawal methods.
When does a stop-out take place at LimeFx?
Overall we rated this as a good albeit basic app, which is well suited to beginners and casual traders. Charting on the Edge platform is robust with a wide range of chart types, time frames, indicators and drawing tools. We rated the fees at LimeFx as fairly good but not the most competitive in the forex and CFD industry.
- It is highly regulated which already indicates the fact that the broker fights for its reputation.
- All clients at LimeFx have the same retail account, although there are some differences based on which trading platform is being used.
- You would not want to get burned if you touch highly volatile minors with high leverage.
Investor protection courtesy of being a member of the financial services compensations scheme which will provide aid in case of liquidation. With a good clients’ base, you will require a very reliable workforce under you to satisfy the customer’s needs. This is exactly what LimeFx is achieving by having the right team of staff who work round the clock with dedication. They will answer clients’ queries as well as help them where help is needed giving them a good clientele experience. Granted access to a wide range of trading instruments. LimeFx was established in 2000 and over the years with restructuring has enabled it to become the giant that it is in forex trading.
The cTrader platform has a professional display and clear interface. It is intuitive and user friendly making it easy for beginner traders to navigate. No swap fees are charged on futures contracts.
Phone support was unavailable, due to ‘system problems’ during the time of our tests. A stock is a security that represents partial ownership of a corporation. Keep in mind that when trading stock CFDs you are speculating on the price of a stock without actually taking ownership of the underlying company.
LimeFx UK FAQs
LimeFx’s customer service is responsive on all channels and available 24/7. Only 2 months here but I’m positively surprised by the fast processing of my withdrawals. And you can choose from a wide variety of trading accounts.
You can choose from 7 currencies when signing up to serve as your account base currency on LimeFx. Your trades, deposits, profits, and withdrawals will be measured in your base account currency. LimeFx combines all the necessary things that I need. They offer one of the lowest spread around on some instruments, withdrawals are transparent and fast and commissions are reasonable. I maintained a trading account with LimeFx UK with small capital.
We got some of the fastest and most knowledgeable responses compared to other brokers, also quite easy to reach during both working days and weekends. We found that LimeFx offers one account with a full package of advantages, also Micro Accounts and Swap-free accounts are available too. A Demo account for practices remains available with a Live account through an easy switch between https://limefx.vip/ Live and Demo account right from the platform. Leverage specification at LimeFx offers a dynamic forex leverage model with various levels as the regulatory requirements of a particular entity set and obliged broker to follow. We learned that as a licensed broker, LimeFx is subject to strict European laws, providing its financial services guaranteed by legal regulatory agencies.
In the case of wire transfers, the withdrawal money is deposited into the bank account from which the transfer was made. For more information on the banks supported by LimeFx, visit their FAQ section. Another important aspect that we came across during our research was that LimeFx charges a 2.6% withdrawal fee for any withdrawals made without trading.
Account Types 🗃
Basically, it’s a very individual thing and traders decide on their own which features are the most attractive for them. Anyway, I am grateful to this broker that it is responsive and honest. For me, it’s unfortunately rarely to meet such an honest broker. With LimeFx we have a lot of interesting stories but I am not gonna describe them all and tell these stories.
Most of the details are on the broker’s homepage to ensure that you transact with ease and without glitches. They do not offer services to limefx courses scam countries that are not in regulated jurisdictions. Commissions are only charged for FX pairs and spot metals on the cTrader platform.
They are thinking ahead, and they are actually head and shoulders above a lot of other competitor brokers in the market. All of the LimeFx platforms offer alerts and notifications based on price levels. In addition, clients of LimeFx can access the Trading Central platform, which has been providing market analysis since 1999. It’s typically a paid service, but is available free of charge to LimeFx clients.
Markets and products
Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. LimeFx does not offer any promotional bonuses or welcome bonuses. However, they provide a demo account for new traders or beginners to help them understand how CFD trades work. Simply put, this section offers free online basic forex courses where most of the key topics are explained in simple terms with the aid of interactive cards.
Verification of the account was smooth and fast, as well as deposit of funds. It doesn’t really matter which payment option you will use, whether it will a credit/debit card or a wire transfer. All payment transactions here are processed quickly. That’s why I highly appreciate the work of LimeFx.
The Trustpilot Experience
Clients and curious prospectors can use the live chat on the company’s website to get in touch with a support agent quickly. The agents themselves are knowledgeable and courteous, and I only waited for a minute before I reached a representative. LimeFx Edge is a web-based platform with a well-made mobile version, but it is still in its beta stages. It will be interesting to see what this already well-received platform will look like when it’s finished. Auto-trading is one of cTrader’s special features.
You must pay a fee if you refund to your PayPal account more than 6 months after the initial funding, or if you refund to Neteller or Skrill without having traded. Select a trading platform , default leverage and base currency; and the preferred language of e-mails. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.
When I searched for this information I just chose my country. Anyway, in case of any questions, you can always apply to the customer support team, where real quick guys would help you sort out various issues. Since it is known that a large number of traders support algorithmic trading, robots trading is allowed here, both on Metatrader and cTrader. A broker is more than adequate, it does not put sticks in the wheels. Never had issues with execution or withdrawals while working with them.
Visit the website of LimeFx at and click on the ‘Open Trading Account’ or ‘Register’ button. LimeFx also has a system in place that increases the likelihood of your order being executed. The broker relies on liquidity providers for the price and volume of trading instruments. This means that the execution of your orders depends on the availability of price and liquidity.
