Huu Hung Nguyen

IT Consultant

Project Manager

Web Developer

Google Workspace Lover

Huu Hung Nguyen

IT Consultant

Project Manager

Web Developer

Google Workspace Lover

Blog Post

Forex MetaTrader 4 Broker, MetaTrader 4 Trading, MT4 Client Terminal

Juni 8, 2021 Forex Trading

LimeFX broker

The platform has a built-in “Help” function so you can get answers to the most common questions directly from within the software itself, so you can concentrate on the important stuff – trading. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. Our team is happy to see that LimeFX does not impose any trading restrictions, meaning strategies such as hedging and scalping are viable.

Customer Support Test

LimeFX broker

Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments.

  1. I also appreciated that LimeFX offers gold and crude oil assets denominated in multiple currencies (EUR and USD), making it more competitive for traders with different base currencies.
  2. A copy of the ID and one proof of residency documents usually satisfies this final step.
  3. It’s good to know that your funds are safe and sound while you trade.
  4. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LimeFX XL account.

Opening an Account

The FAQ section answers many of the most common questions, and LimeFX is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at LimeFX, and the overall product remains impressive. Five MT4 user guides and a Forex glossary section are also available. LimeFX offers beginner traders a sound educational offering from where traders can expand.

LimeFX Customer Service

Traders who want to open an Islamic account must contact LimeFX’s customer support and request the service. LimeFX accepts payments limefx reviews via bank wire, e-wallets, and cryptocurrencies. The broker does not charge a handling fee on deposits and will reimburse its clients for any third-party processing charges. Most payments are processed within 24 hours, though transaction times may vary. I consider the charts screen a platform’s most important feature.

ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.

So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. LimeFX has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. MetaTrader 4 is one of the most popular forex trading platforms in the world today. MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots.

I measured LimeFX’s execution speed over several days and discovered that it averages around 50 milliseconds. This performance beats the industry average and is suitable for high-frequency trading because it decreases the risk of negative slippage. Thus, I concluded that LimeFX is suitable for day trading and scalping. As shown above, the problem with MetaTrader is that the charts can be crowded quite easily, even when we add no more than 2 indicators.

They have been running the business for over 14 years, so it seems they managed to limefx website add a lot of instruments for all this time. I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers. The technical support is good and it is noticeable that there are competent guys working. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LimeFX XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. In this LimeFX review, we examine the broker across key categories, including its accounts and fees, trading platforms, and customer support, to find out how it competes with alternatives.

LimeFX adheres to important rules set by this regulator including the segregation of client and business funds and the use of reputable international banks for the safekeeping of client money. Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions. For instance, anyone registering from a CySEC regulated region is not able to accept a bonus. Maybe one of the reliable brokers I’ve worked with, and I’ve worked with a bunch of them already. It’s good to know that your funds are safe and sound while you trade.

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