LimeFX LimeFX Review Online Forex Trading Analysis

In article format, LimeFX provides dozens of detailed guides on subjects ranging from how to use moving averages to setting up the Autochartist Metatrader plugin. An 11-lesson course on forex basics is available in video format and makes a good primer for new traders. LimeFX also provides platform tutorial videos, which cover getting started with MetaTrader, using your personal account area, and how to copy trade. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. LimeFX excels limefx official site in research, offering regularly updated commentary written by in-house analysts and trading ideas.

MetaTrader 5 Mobile App

1. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features.
2. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups.
3. The offshore entity also references its corporate registration number with the Saint Lucia authorities at the bottom of each page.
4. Yes, LimeFX pays real money to traders who earn from their trading activities.
5. Their platform is easy to use and their market analysis is consistently reliable.
6. This is evident from its 4.5/5 rating on Trustpilot, where the broker enjoys overwhelmingly positive reviews.

Unfortunately, LimeFX is unavailable in certain regions, including the U.S., UK, Philippines, Japan, the Islamic Republic of Iran, Russia, and Cyprus. The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive. It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). LimeFX does not charge account opening or administrative fees, but traders must pay spreads on assets, which is the standard business model at commission-free brokers.

What Can I Trade on LimeFX

Moreover, educational materials, including webinars, articles, video tutorials and limefx trading strategies, deliver a well-rounded learning experience for diverse traders. LimeFXTrader is the broker’s proprietary platform developed to help improve trading performance, optimize trading opportunities, and save time. It is a convenient yet feature-rich platform offering an innovative and hassle-free way of accessing the financial markets from mobile or desktop devices. This aligns with LimeFX’s commitment to delivering the best trading experience for all traders.

LimeFX supports multiple deposits and withdrawal methods, including bank wire, debit or credit card, digital wallet (Skrill and Neteller), and cryptocurrency. Processing times typically range from instant to about half an hour for deposit and a few hours for withdrawal, which is above average for the industry. Withdrawals from live accounts are initiated only after email confirmation so that you can access your funds. Again, LimeFX adopts 3D technology to process Visa credit card transactions, making them safe and transparent.

That LimeFX is catering to all these groups is a big plus for the site, and the resources are made available to traders using demo as well as live accounts. The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. Spreads can be as tight as 0.0 pips and those who go with the ECN/STP processing option will be provided with exceptional flow quality and reduced slippage. It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options. Its LimeFX.eu arm is regulated by CySec (Cyprus Securities and Exchange Commission) and has offices worldwide.

LimeFX Fees

The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. It ticks many boxes for traders, who can access it through the live chat, email, phone, or by using an enquiry form. NBP — the LimeFX management/trade order system ensures that the client cannot lose more than the initial deposit in their account. Even if a position ‘gaps’ in extreme market conditions, then the client will lose the funds in their account by no more than that. A lot of brokers consider them mutually exclusive, so only offer one, if any at all.

I find the swap-free trading structure the best unique feature at LimeFX. Another fact of note is trading incentives, with more than $6,000,000 in payouts to date. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency.

You can also win lucrative redeemable gifts via its Trade and Win promotion, where each lot counts as a prize lot. Furthermore, you can earn extra income through referral commission via the broker’s affiliate or referral program. Terms and conditions apply for each promo, and you must read and understand them before participating. For instance, the spread for forex majors, including EURUSD, starts at 0.6 pips (or $6 per one standard lot) with a 0.7 pips average cost. This is similar to a zero-spread (0.0 pip), commission-based broker offering a $6 commission.