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The negative amount will continue to reflect on your account for a while. By taking a good look at all the cons you can determine how good a platform LimeFX is for you. It is very important to do because if you make a wrong decision by any means you would have to face some difficulties. Those difficulties will do nothing but further, worsen your experience.
The spreads of all asset classes vary depending on the product you’re trading, the type and tier of your account. LimeFX has been around since 2012, but they only rebranded their company and started offering their services all over the world in the year 2017. This doesn’t mean they only set foot in the trading scene in 2017. They are proud of all the professional years of experience that they have in the financial market, which helped them earn the title of being one of the most well-known and trusted brokers. With the amount of experience they have in the trading scene, this broker will surely provide the services that most traders need.
The broker also provides live signals and the TradingView gate, conforming of real- time maps, abecedarian data, and crypto request contraptions. Dealers can choose between fixed or variable spread accounts. Variable spreads for major forex dyads similar as EUR/ USD launch at1.6 pips with the Tableware account. Spreads get tighter with the Gold and Platinum accounts, going down to0.6 pips. Fixed spreads are around 3 pips for EUR/ USD with the Tableware account.
LimeFX vs LimeFX
All accounts feature the same competitive trading conditions and available services, while higher grade accounts will add on extra benefits. We are happy to hear that you find our service so beneficial. We hope that we would continue living up to your expectations. We are so happy to hear that you are satisfied with the support provided by your Account Manager.
I had an awesome experience learning how to trade as a newbie. They have informative webinars .The team members are awesome and if you want to asked a question you could just send them a message and they respond quickly. If you want to grow your account follow the Legacy Fx channel you will be successful. We are pleased to know that our company has left you with positive emotions.
Piecemeal from its referral program, Heritage FX doesn’t offer any perk deals or elevations at this time. You can check the website and social media runners for news of any unborn no deposit lagniappes and rebate deals. All means are commission-free, except for stocks where charges range from0.15 to0.45 depending on the account.
Here, find a comprehensive LimeFX review and also learn whether it is safe to trade with the broker or not. We have conducted extensive fundamental and technical analysis to identify the best value stocks in Kenya. LimeFX makes multiple International and Country-Specific deposit options available. International Deposit options include Visa, Neteller, Skrill, and Wire Transfer.
I find the seven account types at LimeFX unnecessarily complex. Equity trading, which I find the best offer at LimeFX, requires a minimum deposit of $3,000, while access to the direct dealing desk is available from $5,000. It makes LimeFX ideal for equity traders with more substantial portfolios. I appreciate that LimeFX offers traders the very useful Autochartist plugin, though a minimum requirement of $1,000 is necessary . While it remains within a reasonable range, traders must deposit $3,000 for access to stock trading.
A variety of CFD instruments – and a large range of CFDs for each instrument category allow traders more opportunities for profitable trading. The best brokers will have limefx forex brokers reviews thousands of CFDs to trade, covering all these instrument categories. We found that LimeFX offers a greater range and depth of instruments to trade than LimeFX.
The research analysis and trading tools will also work amazingly. Bringing convenience for users is the only way you can make users satisfied with your platform. Here things are set according to the best convenience of users from the start to the end.
The broker offers over 200 fiscal instruments including FX, goods, cryptos, stocks, and indicators. New and endured dealers also profit from a selection of free trading tools and educational coffers. To deposit funds with LimeFX, you can choose any payment method including Klarna, Qiwi, Paysafe, Przelewy24, GiroPay, ePay. Apart from this, LimeFX also accepts payment via Debit/Credit card and bank wire transfer.
Extremely Bad Experience with such amateurs
They also allow traders to access their accounts through mobile devices, which is a much-needed feature for traders who wish to trade while on the go. LimeFX provides its clients segregated accounts with negative balance protection, as well as free trading tools like indicators and trading signals. The broker also offers copy trading and algorithmic trading services. LimeFX does not accept clients from the United States or Canada. LimeFX is an intriguing broker as it only offers the MT5 trading platform with a promise of no swap rates on leveraged overnight positions.
- This review uncovers the enrollment and login process, minimum deposits, rally accounts, spreads, and more.
- We use dedicated people and clever technology to safeguard our platform.
- Still, the high minimum deposit and spreads aren’t competitive enough to attract new dealers.
LimeFX has extensive resources for beginning traders and offers a variety of account types to fit the needs of traders at all levels of experience. The broker also provides market news and technical analysis reports, as well as, educational content in the form https://limefx.group/ of videos and courses. ForexIndicators.net is not only the best resource for all things indicators. We also bring you the most comprehensive forex broker reviews. We have reviewed the top forex brokers on the market today and come up with a list of select few.
SILVER
Only the ones that come with additional features are better and LimeFX is one of them. Whether those features are related to your trading experience or peace of mind, you get a lot of additional features like swap-free accounts and protection against negative balances. The broker offers four different types of trading accounts called Silver, Gold, Platinum and VIP. Users also have the choice between Variable Spread and Fixed Spread accounts, although the best spreads are on the higher minimum deposit accounts. LimeFX offers users the ability to access the AutoChartist plugin tool for MT5. This provides market analysis such as automatic notifications of emerging and completed chart formations and fibonacci patterns.
Trading conditioning on the platform are also secured with Rapid SSL encryption and are firewalled. There’s a 150 minimum pullout quantum in the chosen currency for bank transfers and no minimum for other styles. LimeFX doesn’t charge any check freights for recessions but they do pass any fresh costs onto the customer.
Local restrictions /Cross-border services
He called everyday and asked for more capital as apparently my account wasn’t worth his time. My capital was gone in 8 days just bc it was waste of time for him. The Co. responded poorly apparently Steven is a biggest sales person.
You’re free to switch between the two accounts from within the platform. As per nonsupervisory conditions, the broker submits yearly fiscal reports to an external account establishment. Negative balance protection is also in place and the broker ensures that all customer finances are insulated at famed banks.
- The hard sell is a substitute for a quality product.The only way I can get some revenge is to post my message here.
- This also allows the use of leverage and margin to increase the number of purchasable metals.
- Due to a life that passes by at a fast pace, people need to look for newer and easier ways of making money and trading seems to be the right option.
- Moreover, we are providing them with customized trading suggestions, analyses, and strategies.
Moreover, it has some good ratings and reviews over different online platforms out of which some are also from its users. Peace of mind is something that most users do not feel when using a trading platform. LimeFX ensures to solve this problem because it works under the regulation of different organizations. At the same time, it follows all the laws, rules, and regulations of the European Union making things pretty reliable for every customer. When it comes to the user experience, LimeFX provides all the services that you may need to ensure a better and safer experience. Whether it is regulation, transparency, protection, better rates, or anything else.
Will I be able to change my account’s preferred currency?
LimeFX does not provide benefits traders can use but branded merchandise and additional content. Beginner traders get numerous educational tools, and LimeFX claims to lead in knowledge. Most remain ultra-short, just enough to introduce the topic without providing really deep insights.
You should consider whether you can afford to take the high risk of losing your money Please read our full legal disclaimer. At LimeFX, traders have the option of setting up 3 distinct types of accounts, including Silver, Gold, and Platinum account. For the Silver trading account, the minimum deposit is $500, whereas the spread is 2.4 pips. On the other hand, the Gold account requires traders to make a minimum deposit of $5,000 with spreads at 1.5 pips. Similarly, the minimum deposit for a Platinum account is $25,000, and the fixed spreads begin from 0.8 pips. Apart from the above, traders of Islamic origin can create an Islamic account, and those new to trading can set up a demo account to practice trading before entering the live market.