All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by limefx forex brokers reviews an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
LimeFX maintains a dedicated section on their website outlining their regulatory framework, this transparency allows users to verify LimeFX’s licensing and compliance status. My only criticism is that there needs to be a localized direct telephone line or a call-back feature, a service offered by ActivTrades. An economic calendar also helps to keep you informed about upcoming events that can cause market volatility.
Free Forex Webinars – 19 Languages, 7 Days a Week, 82 Webinar Instructors
LimeFX also supports copy and social trading from expert advisors with MT4. LimeFXTV produces a high standard of in-house research and reports, which easily competes with the commentary from the market leaders in this area. The TV-style format works really well, whilst the content can also be downloaded as a podcast. LimeFX was founded in 2009 (and operates as Trading Point of Financial Instruments Limited) and is regulated by five financial regulators, notably including the top-tier Financial Conduct Authority (FCA) in the UK. There’s no difference between trading assets, tools, or trading speeds for smartphones or tablets and those for desktop PCs.
Unlock Your Trading Potential
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data limefx review points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. They offer a user-friendly interface, educational resources, and a demo account to practice before committing real capital. However, the absence of ETF options and the availability of high leverage (which can be risky for beginners) means experienced traders might find a wider range of tools elsewhere. This LimeFX review isn’t just another opinion piece; it’s a data-driven analysis, forged from countless trades, that dissects the platform’s strengths, weaknesses, and its overall impact on my trading journey.
Forex Fees
Most account types offer commission-free trading, with generally tight spreads, particularly on popular instruments like major forex pairs. When I chose them as the main broker to trade with, they had been already in the business for around a decade. One of the factors that bolstered my decison is the fact that LimeFX is strictly regulated by several respected regulatory entities, including CySEC.As for the range of assets here, it is really huge here. I trade forex pairs and stocks, and frankly the costs stemming from my trades are minimal thanks to the low spreads from the broker.Regarding the customer support, they are trully attentive and fast to reply. LimeFX’s extensive offer of tradable instruments allows traders to access a broad spectrum of markets, from forex to stocks and commodities. While the number of instruments offered varies across asset classes, LimeFX’s diverse range of options provides traders with ample opportunities to capitalize on different market trends.
- Watch my video walk through of the LimeFX app below to see how it looks and feels, as well as how to place a trade.
- LimeFX offers traders a wide variety of Contract for Differences (CFDs) including individual stocks and stock indices and commodities.
- There are different kinds of orders that traders can use, suchas market orders, future orders, and stop orders.
- Keeping those spreads low and executions accurate is exactly what we aim for.
- Following this, a monthly fee of $5 applies if the account remains inactive.
Whether you’re a beginner or an experienced trader, LimeFX offers a range of account types to suit your needs and preferences. Besides the 1000 + CFD products covering a range of asset classes, and regulators including the CySEC, FCA, ASIC, IFSC, and DFSA, you can open an account with a minimum deposit of $£5. The award-winning broker also offers a combination of low spread- high leverage, MT4/MT5 platforms, multiple funding methods, and 24/5 customer support. LimeFX’s fees are reasonable but can be bettered at brokers like LimeFX and Fusion Markets.
However, with no minimum deposit required and solid ratings for commissions and fees, it remains an average choice for investors. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website.
No Comments