LimeFX Review Is it a Scam or Legit Broker ️

It simplifies this status to its incredible platform and broad selection of tools plus resources so you may invest in capital markets. If you remain skeptical, it is possible to open a LimeFX demo account and evaluate the credibility limefx reviews of the platform on your own. With a virtual LimeFXdemo account, you are able to experiment in any way, to whatever period you desire. You can also open positions, examine different trading approaches, and much more.

Here, find a detailed LimeFX Review to understand more about their services and features. Choosing between the two account types, excluding the VIP Zero, which has negotiable conditions, boils down to personal preference. A Prime account has higher spreads but no commissions, whereas the Zero account has lower spreads and an $8 round-turn commission.

  • Their duties include performing research or analysis on a currency pair using a trading platform like LimeFX.
  • We are not responsible for any losses you may incur, by investing with a company mentioned on this website.
  • Forex brokers are also known as retail forex brokers or currency trading brokers.
  • The highlight of the platform is its quick order execution on trades.
  • Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis.
  • LimeFX use MetaTrader 4 as their trading platform, which was very helpful for us to see.

LimeFX offers one commission-based account where the minimum mark-up starts from 1.0 pips or $10 per 1.0 standard lots. It is higher than at most competitive brokers but lower than at the most expensive ones. The commission-based alternative lists a minimum spread of 0.0 pips for a cost of $8 per round lot, placing it just above the $7 per round lot threshold for competitive brokers. Traders will pay swap rates on leveraged overnight positions, and third-party payment processor fees exist.

Baxter-FX Sign Up Bonus

Below, we’ve summarised all of LimeFX’s several types of instruments, as well as the instruments given by IG and XTB for comparison. LimeFX, like most brokers, charges a fee based on the spread, or the difference between the bid and ask price of an instrument. Meanwhile, the company also pays great attention to the knowledge of their traders. Thus the educational support, as well with analytical data center is remaining on hand while providing ranged solutions to the trader of any level.

The MT4 is the most versatile trading platform and supports massive upgrades via more than 20,000 plugins. LimeFX has been in operation since 1988 and, as a well-respected broker, must provide more limefx forex brokers reviews than just the core MT4 trading platform. Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card.

If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price. A LimeFX limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better.

Funding methods:

This LimeFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect. LimeFX also features excellent trading conditions which are readily available to all and not only an elite class of institutional clients. The tight spreads and fast executions are a fantastic benefit for all traders. The technology adopted by LimeFX is among the maximum caliber, making sure that it is fast, dependable, and efficient.

Concerning instruments from other asset classes, LimeFX’ spreads on commodities are medium to low and on indices medium to high compared to the broader industry. Having been founded in 1988, LimeFX has become a well-established financial LimeFX firm employing more than 200 persons. And despite some minor issues with legal information’s availability on some of LimeFX’ overseas entities, we found the broker to have a very high overall transparency. In our reviews, we examine the licences and regulations of each entity operated by a broker.

  • LimeFX’ market breakdowns are more trading-oriented, meaning that they elucidate the likely impact of an economic development on the price action of a given trading instrument.
  • There’s absolutely no sure-fire method to ensure profits; therefore, you should carefully assess your agent before you choose them.
  • There is a small $100 minimum deposit for the Prime account, and there are no commissions for the account, with spreads as low as 1.0 pips on major forex pairs.

LimeFX also complies with client money handling regulations and employs strict policies and procedures regarding the maintenance and operation of these accounts. LimeFX Limited will also be a possible counterparty for international customers. Fxverify is the first of it’s kind and only publishes user reviews by verified customers with a real LimeFX trading account.

What’s the LimeFX trading experience like?

An email confirming the verification process will be sent to the registered email ID. Since LimeFX is a regulated brokerage firm monitored by CySEC, account verification is a mandatory step. Traders at LimeFX can also diversify their portfolio by trading CFDs bonds. There are 4 bonds offered by the brokers, including 3 US treasury notes and the German Bund.

  • It appears that the program has no minimum lot size requirement, as LimeFX awards points from the first 1.0 standard lot, per its description.
  • There are 24 drawing tools, such as trend lines, channels, and Fibonacci retracement levels.
  • The broker does not charge anything for deposits and withdrawals, though third-party fees may apply.
  • Clients can convert their accumulated points into cash bonuses for their trading accounts.
  • The more lots traded by the consumer, the greater benefits will become available.
  • The LimeFX user interface is what LimeFX traders will see and interact with first when trading with the LimeFX trading platform.

Events may include indicators such as GDP, the consumer price index , and the Non-Farm Payroll report. Bonds trading on LimeFX is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an LimeFX for the duration of the issued bond, and then give the original sum back at the end of the loan’s term to the LimeFX trader.

Understand the trading resources available with LimeFX, freetrade & LimeFX below. LimeFX has a wide variety of over 100 instruments available for you to trade with. LimeFX, as a business, has a strong set of rules for ensuring honest trading onto its own platform.

However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. Along with everything, LimeFX has multiple benefits to new and verteran traders and should be investigated. The brokers offer premium customer service which rewards customers with benefits.

The MT4 has 9 different timeframes, which is adequate for day trading and position trading. However, intraday traders may find the lack of timeframes lower than 1-minute problematic since those are used in more sophisticated strategies, such as scalping. Has negative balance protection, segregated client funds, and a compensation scheme.

Brokerage Windsor is regulated and supervised by the International Financial Services Commission in Belize and serves clients worldwide except the United States, the European Union and Belize. This branch is also supervised by the Jordanian Securities Commission under Seldon LimeFXs Ltd holding and accepts clients from Jordan and Arab regions. Windsor Brokerage has a comprehensive privacy policy to ensure that client data is securely collected and handled. This broker also uses secure firewalls, data encryption and authentication protocols to protect against unauthorized access or misuse of data. Compare Broker’s mission is to help you compare brokers and find the one which suits your trading needs free of charge.

If one decides to complete that purchase or sale, they are know to be exercising the option. LimeFX option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options’ variables. Commodity trading is a type of trading available on LimeFX where individuals or businesses buy and sell financial instruments using LimeFX related to commodities, such as metals or oil. Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

Windsor Fees

LimeFX has also developed another Web Trading interface, the Gwazy platform, which offers binary options trading for traders that wish to sample the innovative financial product. GWAZY is advertised as a unique Forex product that avoids the usual trading complications such as spreads, slippages, margin trading and depending on the market volatility for taking profits or cutting losses. The Gwazy trading platform may not be suitable for Forex traders due to the inherent risks of binary options.

LimeFX broker reviews

Please share your experience trading with the brokers at Windsor in the comments section below. The best forex broker is a very general statement, because each investor has their own needs and requirements from their broker. However, a smart investor will always have their main broker, and another broker as a backup. You can contact the support and management of the site by email info

Zero accounts are recommended for active traders with experience, as they do not come with any training, but they will receive a Personal Account Manager. By combining these branches, Windsor Broker offers its financial services to customers in more than 80 countries, including Thailand, Indonesia, Malaysia, South Africa, Dubai, Kenya and Iran. There are also so many retail Brokers in the industry now & maximum of them are very much new,even less than 3 years old. Their tradings platforms & tools are so up to date that I got totally no lag to execute any trade. Its even better than many of the renowned brokers like ICmarkets/FBS/LimeFX.

LimeFX Partners Portal offers access to the platform’s dedicated partner’s page and offers multilingual technical customer support that has over 30 years of financial expertise. The partnership programmes come with customized rebate schemes with various payout options. Worth mentioning, the programs have transparent procedures, fast implementation, and an easy setup.

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