broker forex LimeFx

He has more than 15 years of experience as a reporter and editor covering business, government, law enforcement and the intersection between money and ideas. In these roles, Andy has seen cryptocurrency develop from an experimental dark-web technology into an accepted part of the global financial system. She has covered personal finance and investing for over 15 years, and was a senior writer and spokesperson at NerdWallet before becoming an assigning editor.

LimeFx Group customer support

What’s more, to start trading, you’ll also need to verify your email address and validate your account by supplying documentation. Download and open the trading platform software and log in with your new LimeFx credentials. Our LimeFx review also found that the broker charges a comparatively low inactivity fee of $5 a month. This is only charged if there is no activity on your account for 90 days, and you have a free balance of less than $5. Among the very credible traders, you can come across with features in versatility and also credence. LimeFx despite not having been in the trading sector for long, it is really proving to be a force to reckon with.

Platform tutorial videos

You simply fill out the brief online registration form, verify your email and upload your identification. Once your account has been verified, you are then https://limefx.vip/ free to fund it using any of the multiple deposit options and start trading. LimeFx Group Support is on hand to guide you through the process if need be.

Account Types

However, drilling a little deeper and you will see in reality that they only offer platforms based around MetaTrader4 (MT4) and MetaTrader5 (MT5). It is just that LimeFx counts the various device versions of the same platform. This is bending the truth slightly and is probably an attempt to make up for the lack of proprietary platform or options other than limefx the ubiquitous MT4/MT5. However, with the zero spread account, you will pay $3.5 commission per 1 lot (100,000 units) traded. This commission is paid both at both ends of the trade, when you open and when you close the position. The following table shows how LimeFx measures up against some of its rivals across the most widely traded forex positions.

  1. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
  2. They offer an impressive 25+ secure payment methods, 16 trading platforms and 24/5 customer service.
  3. In addition, investors will closely follow the US Consumer Confidence Report in Michigan.
  4. LimeFx has done its absolute best to ensure that every single customer finds something they might be looking for in this broker.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Based on our research on the regulatory status of over 60 brokers, we’ve found that LimeFx Group holds 4 global Tier-1 licenses, while LimeFx holds 2. The Standard account on offer at LimeFx gives you access to all the available instruments with zero commission.

broker forex LimeFx

It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker. The number of commodities is underwhelming, with just a total of 15. This includes just 2 precious metals (Gold and Silver, but no others) with 5 energies and 8 soft commodities. Many brokers will have between 20 and 30 different commodities to trade. The mobile versions of MT4 and MT5 translate extremely well from the desktop versions, also allowing excellent interaction between devices.

Beginner traders can use a demo account as a way to learn more about the Forex trading market. Experienced traders can find a demo account useful for testing out new trading styles and finding out what works best for them. These licenses allow LimeFx to offer services to traders in different parts of the world.

For this, it has the necessary license in every country where it runs its operations. This speaks of its integrity as a company in the volatile forex sector. Yes, LimeFx is regulated by the Financial Services Commission, ASIC, and CySEC.

I found LimeFx’s live chat the easiest and quickest way to contact customer support and the best part is, you will get instant response from human representatives during working hours and they will answer your questions. The LimeFx Market Overview section is dedicated to the latest market news, research and analysis. You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes. If you are new to trading online and would like to learn more about the different platforms available and how to use them, LimeFx have a generous selection of tutorial videos that can help. Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet. This means that I can test most brokers with a platform that I am already familiar with.

broker forex LimeFx

Overall, LimeFx Group is one of the most trustworthy companies in the industry. As per regulatory requirements, LimeFx Group is also subject to quarterly audits and must submit financial statements. In some jurisdictions, such as the UK, you can view these files online. Again, this shows that LimeFx Group is honest and upfront about its operations.

The 3 chart types and 30 technical indicators of MT4 migrate well, whilst there is also push notifications for trading alerts. MetaTrader 4 (MT4) – is good for charting, technical analysis indicators and translates very well across your devices, meaning desktop, tablet and mobile versions interact very well. Notable countries that traders will not be able to sign up from including the US, Canada, China and Japan. Furthermore, there are other notable countries that traders are restricted from trading with LimeFx.