LimeFX vs XM year Who is the safer broker for your trading?

LimeFX trading

LimeFX spread is based on tight variable spreads, however it is defined by the account type you would choose for your trading. Standard Cent Account Spreads are starting from 0.3 pips with no commission on trading volume which means all trades are calculated in cents, the Standard account costs based on tight spreads from 0.1 pips. However, the traders’ residents of particular countries should check the availability and the possibility to engage on the official website. LimeFX is a Forex Broker brand name of the global brokerage firm that delivers its services through three main offices in Seychelles, BVI and South Africa.

LimeFX trading

LimeFX doesn’t charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others. The safety of traders’ funds is also guaranteed as LimeFX is one of the European-based STP/ECN brokers.

IC Markets

For the purposes of the review, we tested the live chat service and email. We tested LimeFX’s live chat and found that the customer service agents were polite and helpful. Notably, LimeFX customer service is available in English 24 hours a day and over the weekend. In addition, the help centre offers detailed and useful limefx scammers advice on various topics. More advanced traders may prefer MT4 or MT5, both available at LimeFX, which allows traders to customise their indicators, has many more chart types, and has algorithmic (or automated) trading. Since September 2009, automatic withdrawal of funds is available for all LimeFX clients.

  • Firstly, I would appreciate the ability to modify an order’s lot size and price simultaneously.
  • The Pro account is an account that can meet the needs of experienced traders.
  • All information on is only published for general information purposes.
  • LimeFX, a leading forex broker, has won two prestigious awards at the Forex Traders Summit Dubai 2023.

Lastly, it’s inexpensive, meaning you don’t need to sink a ton of cash just to try it. As such, we’d like to conclude our LimeFX review with a definite recommendation. The payment options including the possibility to use either method so you can always choose a suitable one. LimeFX typically does not charge any deposit fees or internal charges, you payment provider according to the residence might add on some fee, so make sure to verify it.

LimeFX Minimum deposit

Came 2 days ago, greeted with a change We just know that after some LimeFX, if you want to fix any system, you can fix it. On the 22nd, we had a negative order and we set the sl to low 3, at that time we were monitoring and didn’t see that it came running to open the order and got sl, it suddenly sl, so we sent a message to him. But after we received a reply email from LimeFX expert backyard LimeFX couldn’t set the sl below 30, it’s too coincidental as if LimeFX expert could fix everything he wanted. The boss came to take care of the behavior of the experts, so he took the duty of his own position to bully the customers. We would like to contact a specialist, the system is very good so that we can’t make any complaints, your subordinates hurt your customers.

LimeFX’ Trading Volumes Jump 12% in May Backed by Growing Clientele – Finance Magnates

LimeFX’ Trading Volumes Jump 12% in May Backed by Growing Clientele.

Posted: Fri, 09 Jun 2023 13:12:01 GMT [source]

So, you can diversify your trading portfolio and explore different markets to maximize your profit potential. The TC Technical Analysis Indicator focuses on technical indicators such as moving averages, MACD and RSI to provide buy and sell signals to traders. Traders can use these signals to make informed decisions about when to enter and exit a trade. AS many new traders feel higher leverage is better, so is the amount of quit Forex. I think the unlimited leverage in LimeFX is a “trap” for people who don’t understand anything about forex. In my opinion, unlimited leverage is the cons of the LimeFX point review.

Account types

You can use the information to stay informed on the latest financial market events. Get access to a real-time feed of the latest Market News provided by FXStreet, which is known as a reputable source for up-to-date news and real-time forex analysis. This tool is available for free in your Personal Area or LimeFX Trader App. Financial markets react to big news, so it is quite important to keep track of the news when trading. By analyzing the price movements and how it reacts to certain news, you can make informed trading decisions, such as whether it’s better to wait, open trade, or exit the trade.

LimeFX trading

LimeFX reported having 476,172 active clients in April, down slightly from 491,064 in March. LimeFX reported having a record 515,099 active clients in May, up from 476,172 in April. However, the firm also holds Seychelles Financial Services Authority (FSA) and South Africa’s Financial Sector Conduct Authority (FSCA) licenses. That’s just the cherry on top, ensuring that the company’s operations are under watchful eyes.

LimeFX Trading Tools to Trade with Confidence

Given the absence of value-added services, LimeFX became an execution-only Forex broker with the addition of VPS hosting. XM continues to increase its market share with one of the best overall trading environments. The well-balanced asset selection, a low minimum deposit of only $5, and the upgraded MT4/MT5 trading platforms with high leverage present traders with a distinct competitive edge. Beginner traders will also benefit from the quality educational section, while the generous bonus and reward program delivers a boost to active traders.

Where it falls down is in the number of stock CFDs available to trade, limited to only 70 instruments. Both brokers have licenses from trustworthy global regulators and maintain a clean track record. Negative balance protection and segregation of client deposits exist at LimeFX and XM, making them equally safe. Even the secondary conditions, such as the platform, support, and additional tools, are exceptional.

Why become an LimeFX partner?

LimeFX offers a wide range of financial instruments for trading, including precious metals, energy, indices and stocks. Traders can access these instruments through the popular MetaTrader 4 (MT4) trading platform or its successor, the MetaTrader 5 (MT5) platform, both available in desktop, web and mobile versions. The platforms are highly customizable and offer a wide range of technical analysis tools and resources. Currently, cryptocurrencies and currency pairs appear to be unavailable.

Why can’t I withdraw from LimeFX?

Your account may not be fully verified. Ensure that your LimeFX account is fully verified before proceeding to deposit. The amount you intend to deposit is not within the minimum and maximum deposit limits. The payment method you used is not supported in your country.

On paper, LimeFX is a decent all-round broker for most traders, whether beginner or more experienced. It offers support for MT4, MT5, and its own proprietary platform, 24/7 customer service, low-cost entry-level accounts, and good trading conditions on the Pro Accounts. However, LimeFX offers high levels of leverage to traders, which in combination with low minimum deposits, could increase their risk of an account wipeout. Since launching in 2008, LimeFX changed significantly, together with the regulatory environment. It has displayed a deep understanding of the needs of traders and demonstrated a willingness to provide a competitive trading environment with trustworthy regulators. LimeFX remains an excellent Forex broker, especially for traders with a minimum deposit above $3,000, as the trading costs decrease notably.

What is the advantage of LimeFX broker?

One of the advantages of LimeFX is about a very low spread. For instance, for Mini and Classic account, the pip is 0.1 so that this is suitable for the traders with scalping techniques (Scalper). In addition, the pair mayor spread in the ECN account is 0.0 pip. This is influenced by the markets' development.