LimeFx Broker Review: Are They Worthy?

CFD prices are commonly found as a double price quotation called the bid and ask prices. The pair of prices shows the best potential price at which an asset can be sold and bought at a specific time. The bid price is the highest price a buyer is prepared to pay, whereas the ask or “offer” price is the lowest price a seller is willing to accept. LimeFx operates under the stringent regulation and authorization of the Seychelles Financial Services Authority (FSA), a testament to its adherence to prevailing laws and regulations. The integration of cutting-edge encryption technology stands as a fortification shield, safeguarding clients’ delicate personal and financial information.

MetaTrader 4:

LimeFx’s fast execution and low spreadsAre very important when trading the fast-pacedForex market. Clients have access to theSupport and help of account managers and aDedicated and friendly customer support team,Which is available 24 hours, 5 days a week. Venture into the world of trading with LimeFx, where you have the opportunity to explore over 300 trading instruments spanning across six versatile asset classes utilizing the premier trading platform—MetaTrader 4. Gain direct access to a plethora of markets, including forex, shares, metals, futures, commodities, and indices. Delve into the global financial landscapes by buying or selling your chosen assets via CFDs and unearthing trading prospects with either flexible or fixed spreads. As a distinguished online broker, LimeFx stands as your reliable partner for navigating through global financial markets, offering an unparalleled array of stocks, indices, metals, commodities, and futures.

Deposit & Withdrawal Fees

Note• All spreads are indicative, to view real time values clients should refer to their client terminal.• Live Fixed Spreads during Midnight session (11pm-2am, GMT+2) will be changed to Live Floating spreads. LimeFx is not targeted to residents of the EU where it is not licensed. LimeFx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. Upholding our stature as a regulated and trustworthy broker, LimeFx is devoted to protecting clients’ rights and fostering relationships cemented in trust.

LimeFx’s Account Opening Process

Traders canenjoy more liquidity and higher trading volumes while trading these metals onthe LimeFx platform. Regarding withdrawals and deposits, LimeFxdoes not charge any extra fees for using their payment gateways. However,clients might need to pay third-party charges for using certain paymentmethods.

These products may not be suitable for everyone and you should ensure that you understand the risks involved. A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without owning them directly. With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset. You can benefit if the price moves in the direction you have speculated, but you may incur losses if the price of the underlying asset moves against you.

Accounts Comparison

• In our reviews, we examine the licenses and regulations of each entity operated by a broker.
• It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type.
• The brokerage firm undoubtedly stands out from the crowd with its premium-quality customer service, which is offered in more than 30 languages.
• Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid.

Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all scammed by limefx without the need to purchase actual gold bars. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

It’s worth noting that it is not explicitly mentioned whether LimeFx offers a rebate program, so it’s advisable for interested traders to contact customer support for specific details on any such programs. LimeFx allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash. While creating their demo accounts, traders are allowed to decide between a great number of deposit amounts that start from $500 and can run into $5,000,000 at the most. While setting up their demo account, traders will only be allowed to go for an account with a floating spread. As for withdrawals, clients of the brokerage firm can make use of most of the payment processors we just mentioned. While transferring funds from your trading account, you need to bear in mind that all withdrawal requests are first reviewed and approved, which might take up to 24 hours.

The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. Our unwavering dedication to upholding the principles of transparency, integrity, and customer-centricity positions us as the preferred choice for traders seeking to navigate the dynamic terrains of global financial markets. LimeFx ascends as a leader in the trading domain by catering precisely to what traders seek. We unveil a diverse spectrum of financial instruments, platforms, and account types, optimizing convenience in your trading endeavors.

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. I did not find any specific feature in LimeFx’s offering to say that the broker is better suited for high-frequency or longer-term trading. The easiest way to get in touch with LimeFx is live chat, which is available from the bottom-right corner of the main page.

This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. LimeFx is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority https://limefx.vip/ (FSA) with license number SD029. Additionally, the LimeFx group includes Damadah Holding Limited, which is based in Cyprus. Traders who are looking for portfolio diversification should consider trading shares as thus, they will not only be able to invest in the shares of global companies but can also find new and upcoming brands.

Its not laggy and on LimeFx it loads up very fast.Just for some basic stuff — I enjoy it a lot. They will entice you with attractive offers, and for the first few weeks, your account will appear to be making profits. However, I will soon discover that everything is phony and that they are manipulating the account, preventing me from withdrawing my money and causing me to lose money to them. I was fortunate enough to find C_O_V_S_E_C_L_T_D.C_O_M, who assisted me in getting my money back.

LimeFx offers tight spreadsstarting from 1.2 pips, making it one of the most competitive brokers in themarket. LimeFx offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account. The competitiveness of LimeFx’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable.

Hello Abdullah Khaled Al-Saleh,Thank you so much for taking the time to leave this review. We’re thrilled to hear that our support team was able to help you out with your inquiry. We appreciate your feedback and will make sure to share it with the rest of the team.LimeFx ⚡️Empowering traders. LimeFx offers so many payment methods to their customers, and I thought that it was just overkill before, but now I have come to appreciate it. When you travel, or if you travel around, you will come to understand that many of these payment methods have restrictions in some regions, including mastercard, which I thought was global.

With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, LimeFx caters to the needs of both beginners and seasoned professionals. To ensure that traders will be able to gain access to a variety of assets through CFDs seamlessly, the brokerage firm provides reliable technologies and a number of tools and services. Every interaction, from our customer support to our account managers and our entire team, is imbued with a resolve to respond, deliver, and engage in a manner that fosters robust and enduring relationships with our clientele. Our meticulously crafted trading environment encompasses competitive spreads, rapid execution, and a rich array of products, empowering our traders to navigate the markets with assurance.