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Forex Trading

LimeFx Group Review 2024 Trade forex and CFDs with top conditions

By December 26, 2023May 24th, 2024No Comments

We have over 20 years of experience when it comes to trading online so we know what to look for. Bank transfers can take a few business days to clear and LimeFx covers all the charges for bank transfers of $200 or more. Accounts can be opened in  a great selection of currencies including USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. LimeFx Group has over 450 employees with customer service in over 30 languages available 24/5. Support is available 24/5 in 14 languages via phone, chat and email.

An Easy Process

In this LimeFx review, we’ll be taking a look at all you need to know about LimeFx, including regulation, pricing, their trading and mobile platforms, types of account, their research and education. CFDs are complex products and are notsuitable for inexperienced traders. LimeFx recommends to its clients to make surethey understand how CFD trading works and whether they can afford to take therisk of losing money. LimeFx offers traders a wide range of learningresources and tools to help them stay up to date on the markets and makeinformed trading decisions.

Mobile Offering

Exact details about each payment method are visible when you log in to the ‘Members Area‘. Once you selected a payment method of choice, there are clear instructions to follow to complete the process. Access to shares CFDs depends on the client’s country of residence. CFDs on over 100 US, UK, and Germany stocks are available to trade on the LimeFx platform. If you have traded with LimeFx we would really like to know about your experience – please submit your own review. LimeFx does not offer a proprietary mobile app, however, MT4 and MT5 have mobile app compatibility.

Compare the best brokers in the business, side-by-side.

If you are from one of the restricted countries, feel free to look for an alternative broker on our compare brokers page. I would always prefer to trade with a regulated broker as it gives me the peace of mind that my funds are safe. However, keep in mind that different regulators have different levels of protection. I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. Best quotes is colored in green, worst quotes is colored in red.

Trading Hours

Withdrawal requests are processed in the currency in which the deposit was originally made. When making a withdrawal, LimeFx transfers your funds back to the original funding method you used to fund your account. If this is not possible, they will transfer the funds to your identified bank account. This account must be in the same name as the account maintained with LimeFx.

The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market. The main difference between MT4 & MT5 is that MT4 does not offer trading on stock CFDs and MT5 has slightly more features and functionalities in comparison. However, if you just want to follow price activity whilst placing and managing trades with ease, then MT4 should be fine.

High and Worst spreads

The contract size is 1 share, and there is no leverage available for share account holders. The Micro account can be especially useful for those who have just finished training with the demo account. While an LimeFx demo account can be a great limefx review choice for traders to learn more about the market, it can’t be used to learn how to control your emotions when trading. By slowly transitioning to using real money, you will be able to learn more about how to control your emotions.

  1. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
  2. In addition to providing excellent support, I am impressed with the trading conditions you can get access to for a small deposit of just $5.
  3. Once traders have opened an account, they have access to the LimeFx Member section of the broker site and their trading platform of choice.
  4. We assess, rate, and rank dozens of international forex brokers.
  5. This brings the total per lot per trade to 0.35 pip, which is more competitive.
  6. If you have a complex query, our tip is to skip the bot assistant by typing ‘human’.

Global investors can also access copy trading, where they can mirror the trades of strategy managers with performance metrics to help them find the right provider for their goals. Previous incentives, available to global clients, have included a $30 no-deposit bonus. Here, profits generated using the credit could be withdrawn once the account volume reaches 10 micro lots and 5 round turn trades have been completed. Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account. That said, demo accounts automatically close after 60 days if there is no activity.

Dear Ks,Please respond to our message on Trustpilot with your account details so we can investigate this matter urgently. Your feedback is important to us, and we’re committed to addressing your concerns promptly. Hello Ahmed Fadl,Please reply to our private message with your account details so we can address your concerns promptly and work towards a resolution. LimeFx’s mobile trading apps, available for both MetaTrader 4 and MetaTrader 5, offer full functionality, mirroring the capabilities of the desktop and WebTrader platforms.

A dedicated Shares account is available for those who wish to focus only on direct stock trading and investing with no leverage, not CFDs. This is only available if you are trading under the IFSC regulatory umbrella. Expert Advisors, which arealso known as EAs, are pieces of software that automate trading methods basedon rules that have already been set and can be used on LimeFx’s trading systems. Traderscan make their own EAs or use ones that already exist to make dealsautomatically without having to do anything themselves.

One of FxPro’s standout features is its wide range of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms offer advanced charting tools, technical analysis capabilities, and seamless execution of trades. This flexibility caters to traders of all levels and preferences. Besides the 1000 + CFD products covering a range of asset classes, and regulators including the CySEC, FCA, ASIC, IFSC, and DFSA, you can open an account with a minimum deposit of $£5. The award-winning broker also offers a combination of low spread- high leverage, MT4/MT5 platforms, multiple funding methods, and 24/5 customer support. In this comprehensivereview, we’ll look at many differentparts of LimeFx, such as their trading platforms, account types, customerservice, and more.

The broker has a wide range of trading instruments for you to choose from including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs. All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient. US residents who wish to engage in forex trading should choose regulated brokers to ensure the safety of their funds and the legitimacy of their trading activities.

LimeFx Group is operated with client requirements at the forefront of everything that they do. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Our mission is to provide traders with accurate and up-to-date information about brokers. To achieve this, we’ve developed a comprehensive rating system that quantifies each broker’s performance. Our ranking methodology is designed to offer traders valuable insights into broker features, strengths, and potential areas for improvement. We aim to equip traders with the knowledge they need to make informed decisions on their trading journey.

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