LimeFX Verified Reviews from Actual Traders
These articles introduce them to forex trading starting with terminologies, basic concepts, indicators and trading strategies. Also, there are articles explaining the roles of G20, OPEC and IMF. A glossary of over 45 relevant trading terms is available on the website. Forex trading ‘A to Z course’ is available to account holders upon request. The video library contains easy to understand videos on platform use, forex introduction, order types and mobile platform tutorials.
Slippage, or the unexpected difference in an exchange rate specified in a stop order or market order, can be either negative or positive. When the trader loses money, slippage is negative, whereas when positive, the trader receives a fill at a better rate than the prevailing market. LimeFX’s slippage was reported as +87% positive or zero in its July 2021 Slippage Statistics. The broker has 2 support email addresses that give you access to general or account-specific inquiries. You can even contact the LimeFX trading desk and place orders directly if you have a problem such as no Internet access or a failure to connect to an LimeFX server.
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LimeFX caters to most traders from its CFD account type, with the primary difference being by regulatory jurisdiction. I like that LimeFX invested heavily into its algorithmic trading environment, and I rank it among the industry leaders in this category. LimeFX is a legitimate forex broker with a long-standing presence in the industry since 1999 and dozens of industry accolades.
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The fee is up to 50 units of the currency your account is denominated in or the balance of your account, depending on which is less. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Although it took a while to get to the bottom of the technical issues I was having after the LimeFX app was updated, eventually the problem was resolved. Once I understood why it was limefx reviews taking time, then I was happy to wait.
- LimeFX offers floating spreads, but without the price improvement, average ones can be somewhat high.
- Trading Station is equipped with a charting package, intensive support for automated trading solutions, advanced indicators, and market data provided free of charge.
- You can join the thousands of people who now trade in this hassle-free way with this broker.
- Founded in 1999, LimeFX has grown to become one of the leading providers of online trading services in the industry.
- It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value.
Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain limefx broker reviews from third parties. You can choose among the LimeFX Trading Station, MetaTrader 4, NinjaTrader, ZuluTrade, Capitalise AI and TradingView trading platforms. You can also use a social trading platform to copy the transactions of other traders in your own account in real-time.
LimeFX Customer Service
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFX is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading Platform Screenshots
Sierra Chart is a professional trading platform for the financial markets, compatible with many externally available trading services. LimeFX offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call LimeFX, there are 42 country-based numbers one can call from. Countries range from South Korea, United Arab Emirates to Venezuela. This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms. While you can find platforms with more indicators, more charts, faster speed, as a whole, MetaTrader 4 offers one of the most complete packages because it does everything really well.
Our team is available 24 hours a day, five days a week via email, chat, and phone. Their spread on nas100 was very weird, they were like having issues with 100 points filling, I wanted to got my funds back, but thank god! Feras Eid was the one who helped me in each and every process, he is a pure gem for this company, mind blowing.
Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFX delivers a reliable, feature-rich mobile experience for forex traders. The range of products available to you will depend on which global entity under the LimeFX Group houses your trading account. The following table summarizes the different investment products available to LimeFX clients. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
