It looks interesting, because there is a fast execution that ensures no slippages and requotes occur. Sometimes, maybe when there is a big load of traders and millions of trades are executed simulateonsly, thre might be delays, but if you work with pending orders during such periods, then no worries. Also, they have a cool leverage, it’s not too big and not too small, something that I really need. Eh, it’s okay, I easily diversify trading, so I can recommend trying this broker out. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. LimeFX offers traders a competitive commission-free trading environment.
Traders #1 ChoiceECN XL Account
His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. LimeFX does not have a minimum deposit requriement, charges very low trading fees, and also offers extensive educational and research materials.
Platforms and Tools
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. LimeFX offers 24/7 customer support via live chat, email, and phone in English. Agents respond quickly and appear generally knowledgeable and polite.
These are useful resources, but LimeFX still lags some behind industry leaders like eToro with its comprehensive forex education academy. I’ve been trading with LimeFX for several months straight, and I can claim that conditions here are pretty remarkable. I can’t say that my experience here leaves a lot to be desired, because the set goals were reached and I am satisfied with it. However, the broker will automatically close their losing positions relatively quickly thereafter, given that most other brokers set their stop-out levels at around 30%.
- One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment.
- CySEC is a top-tier regulator that helps ensure LimeFX follows strict business standards and implements safeguards like negative balance protection and segregated client funds.
- LimeFX offers 24/7 customer support via live chat, email, and phone in English.
- LimeFX provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY.
- Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit.
- Essentially, the broker lends the trader money so that the latter can open bigger positions.
How do I open an account with LimeFX?
Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with LimeFX please share your personal review of the broker and what you think are strong and weak points. But there is 0 dongs and whistles, so, again, not everyone might like it. I feel like each one of us needs to find 1 broker he “clicks” with.
Also some high spreads during release news we can see.STP are also great, fast trade always. As I wrote limefx broker reviews here two years ago, the LimeFX broker is one of the best in the market. The only drawback is that it does not support Metatrader 5, which I hope this broker will support this platform as soon as possible. This average customer rating is based on 24 LimeFX customer reviews submitted by our visitors. However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners. These combine well with LimeFX’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month.
LimeFX provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers. limefx official site The broker also has a live chat service and an online form you can fill out, as well as a support email address, fax and phone number. In addition, LimeFX maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks. Well, I was a little confused by fact that this broker doesn’t allow me to choose trading conditions but offers only one available option. These trading conditions are ideally suited to trading system that I use. These trading conditions seem to be favorable, which means that they will suit many traders as well as me.