You will also find this model has the advantage of no requests and very few rejections since market rather than instant execution is being used. LimeFx has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. Open an LimeFx trading account and make a deposit—you need just $25 to start. If you are still unsure where to start, check out our introductory video course. To trade in currency as a private investor, you need a reliable Forex broker. With the LimeFx trading app, you can invest in currencies right on the go.
Our spread module indicates that with LimeFxFX, you are paying more than your competitors, so it may be better to consider trading with other brokers. Our in-house spread scanning software gave us an idea of how LimeFxFX spreads compare to other brokers. To do this, we take the average spreads brokers publish on their website and compare them with the spreads LimeFxFX public on their website.
- Saint Lucia allows companies to self-regulate as long as they comply with the country’s laws.
- We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
- Keep trading so you can withdraw your bonus funds—you will get the payout automatically.
- You can read about our findings in our Standard Spreads test results.
- You will also find this model has the advantage of no requests and very few rejections since market rather than instant execution is being used.
The broker only offers a spread-only account with spreads from 0.6 pips, if you are hoping for RAW spreads then you will need to look at other brokers. To trade you can choose between MetaTrader 4 and MetaTrader 5 trading platforms, both platforms are excellent options but many brokers in the market offer these options. Explore all the features of your trading platform and learn how the Forex market works limefx courses scam before depositing any real funds. Learning how to handle orders and manage your risks is safer and easier on a free demo trading account with simulated dollars.The LimeFx trading demo account boasts all the features of the real one. We think LimeFxFX is a very mediocre option for currency and CFD trading due to the lack of account options, expensive trading spreads, and rather average customer support.
Leverage up to 1:500
LimeFxFX is extremely limited regarding payment method options for funding a trading account. There was one slightly different trading platform, which is the LimeFx CopyTrading software. This allows CFD and Forex traders to either copy other traders’ trading signals or let you broadcast your own trading signals to other traders on the social trading platform. The most popular of the three platforms is MT4, the industry-standard workhorse that more or less every retail broker offers.
Feel free to experiment with trend following, breakout, momentum, and other strategies on your way to create the best trading plan. Try to build a perfect set of indicators that can predict the behaviour of the market or employ Expert Advisors (EAs) to monitor fluctuations across various currencies. Most strategies require much skill and discipline, and a demo account is a safe way to improve them without staking your hard-earned cash.
All traders must go through a period of trial and error to become pros. We aim to make that period more accessible for you with our free Forex trading lessons. LimeFxFX does not charge internal withdrawal fees, but traders may incur third-party payment processor costs, blockchain fees, and currency conversion charges. Multiple times, we asked questions regarding things such as deposit options and broker regulations, and we were met with a long pause, followed by less than sufficient answers. But, even for simple questions, we didn’t find the customer service options impressive. The LimeFxFX platform is essentially a white-label licensed version of MT5.
Create swap-free trading accounts and modify leverage
The following table summarizes the products available to LimeFx clients. Use our country selector tool to view available brokers in your country. The currency market is the largest investment market in the world. It is where national currencies, such as the US dollar (USD) or the Japanese yen (JPY), are exchanged. With this knowledge, we created our platform to help you make money through smart and well-controlled investments. We think it is odd that LimeFxFX does not have an email or phone contact and we thought their live chat could be more knowledgeable.
LimeFx live quotes and spreads for currency pairs
We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit. Every year we improve our conditions to make your trading journey easier. The idea of making the trading space more comfortable was the start. Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability.
What is the Minimum Deposit at LimeFxFX?
The global currency market is divided into four major trading sessions. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. Use trading bots for market analysis and risk management without any limitations. Test your bot on a free demo account, adjust it to your investment goals, and then put it into action. An economic calendar, technical analysis and news will all help you understand the mood and direction of the market. LimeFx has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
Our reach makes financial markets accessible to traders worldwide. We measure success by the cost-effective trading conditions we provide and by success stories our traders share. We always recommend you trade with an appropriately regulated broker, with this in mind https://limefx.group/ LimeFxFX is an option if you are based in the European Union where CySEC regulates them. If you are outside this region, we can’t fully recommend LimeFxFX as you will be trading with their subsidiary based in Saint Lucia where they only need to register as a company.
