LimeFX Reviews Read Customer Service Reviews of LimeFX com

I highly recommend the proprietary R StocksTrader, which also supports algorithmic trading. Broker LimeFX offers on the website LimeFX.com The possibility of opening a demo account in MetaTrader 4 and MetaTrader 5. In addition, the client can explore the functionality of the R Trader terminal by simply pressing the «Continue as a guest» button. However, it should be noted that the platform will not allow any trading operations, even with virtual money, when using this option. But perhaps the most important feature of the block with charts is the possibility to analyze correlations of trading instruments (analysis of two different charts on one screen). Of course, we cannot speak about this function as simple, nor can we say that any trader can use the analysis of correlations without prior preparation.

All of its different account types also allow you to open a free demo version, so evaluating LimeFX doesn’t have to cost you a dime, and it could well turn out to be the broker you were looking for. LimeFX also features significant account type flexibility and the potential to use very high leverage where permitted. Most notably though, the broker lets you create and test your own trading robot on the R StocksTrader platform with extensive historical data going back half a century. Additional measures LimeFX uses to protect client funds include two-step authentication to safeguard your personal information and funds from cyberattacks using short message service (SMS) and mobile apps.

My Go-To Broker: Fast & Supportive

This is especially attractive to high-frequency traders because it will lower trading costs hugely. LimeFX has eight asset classes, four trading platforms, and competitive fees—but it might let you down in one key area. It is not possible to predict future success based on past performance. The high leverage inherent in CFDs can result in a rapid loss of money. It is crucial for you to determine whether you are capable of taking the risk of losing your money when trading CFDs. A LimeFX trading portfolio is a traders collection of investments, which may include a variety of LimeFX financial instruments.

They are one of few brokers who support crypto accounts, along with Hugos Way and KOT4X. A VPS allows you to remotely run your trading platform 24/7 so that you do not always need your computer on. They are often used where there is the need to run an automated trading system around the clock or if the local internet connection is unreliable and you need minimal downtime.

Does LimeFX offer the cTrader platform?

Beginner traders can also benefit from the CopyFX system, which allows one to copy the transactions of more experienced traders. While LimeFX does not charge a fee for deposits it charges a commission on most withdrawal methods (click here for more on deposits and withdrawals). For example, a fee of 2.6% + 1.3 USD/2.6% + 1 EUR  applies to withdrawals by credit card or debit card. LimeFX does not accept U.S. clients, so it is not regulated in the U.S. and it lacks oversight from any U.S. financial markets regulator. Moreover, traders at LimeFX have the opportunity of well-protected exchanges on all order types.

• The broker also offers excellent customer support, with multiple channels available for assistance.
• 1st on Saturday reached my account on Sunday the 2nd today within a business day.
• Besides forex currency pairs, LimeFX also offers cryptocurrencies, stocks, futures, commodities, and CFDs trading opportunities.
• They tick a lot of important boxes including a great range of platforms, lots of instruments and excellent support.

When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. Accounts can be opened in a generous range of currencies which includes EUR, USD, CNY, RUB, BTC, ETH, GOLD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Does LimeFX offer Cryptocurrency?

LimeFX minimum deposit is $10 for the live account of first grade – Pro-standard or Pro-cent. Lastly, for traders who prefer to trade directly from their web browser, LimeFX offers the WebTrader platform. This platform requires no download or installation and offers a simple, user-friendly interface for trading.

As a LimeFX Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like LimeFX. In general, Forex traders can https://limefx.club/ either work for banks and hedge funds or trade independently using trading platforms like LimeFX. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on LimeFX.

Extensive Review

Unlike demo account, cent account users are trading with their actual money. This lets you get used to the feeling of real-life trading much better than the demo account. You can also learn how to deal with your emotions while putting a very little amount of money at risk. As we have already said, LimeFX is authorized by two regulatory agencies, depending on the location of the trader. Both of these regulatory frameworks are dedicated to making the market safer for traders. No matter where you are, you can be sure that the broker keeps your funds safe on segregated bank accounts.

As a hosted solution, you don’t need to install any software to use the Web trader. Hence, if you want to access your trading account from a computer at the office, it can be a viable option. LimeFX is a category «A» member of the Commission’s Compensation Fund. As an «A» category member, traders who have accounts with LimeFX limefx company reviews become entitled to protection up to € 20,000 per case in case the broker refuses to adhere to judgments from the Financial Commission. Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.

This account has a range of 36 currencies, CFD and U.S. stocks, CFD on oil, Metals, and cryptocurrencies. The maximum deposit limit is up to $50,000 for electronic payments, and 100,000 EUR for bank transfers.Usually, deposits made using electronic payment methods are processed instantly. For bank wire transfers the usual processing time is 1 to 3 days.The minimum withdrawal limit of LimeFX starts from as low as $0.10 for electronic payments.

Market analysis, technical analysis, professional trading analytics, and a range of trading tools are available via the Members Area. All offered platforms inlcuding MetaTrader and cTrader are available via web versions and desktop ones for more comprehensive analysis and tools bars suitable for professionals or day traders. As a technology-driven broker, LimeFX Platforms offering a truly wide range of platforms to choose from, that allows you to advance and suit any trading demands and comply with your style. The main offering known for its productivity is – MT4 and MT5 platforms, while traders can also selecct cTrader, or LimeFX-developed exclusive platform R Web Trader and R Mobile Trader. Based on our Expert findings, we learned that LimeFX spreads depend on the account type you choose, so be sure to check out the trading conditions. Established in 2009, LimeFX LTD is a member of RoboMarkets/LimeFX Group which includes RoboMarkets LTD and RoboMarkets LLC.