LimeFX Broker Review: Are They Worthy?

A highly responsive 24/5 multilingual customer support team, flexible leverage, low spreads and competitive pricing also make LimeFX a broker of choice for traders across the globe. What makes this brokerage firm stand out from the competition is it provides traders with spreads starting from as low as 0.0 pips, flexible leverage, fast execution, and fast deposits and withdrawals. The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. LimeFX is a regulated broker operating underthe Seychelles Financial Services Authority and offering a wide range oftrading instruments, including forex, futures, commodities, shares, andindices. The platform provides traders with an intuitive experience andadvanced features, such as one-click trading and a range of technicalindicators. LimeFX also offers educational materials, multilingual customersupport, and four types of trading accounts.

Futures

CFDs on commodities enable traders to takepart in the commodities markets without actually owning the asset. The LimeFXplatform gives traders access to global commodity markets with leverage,allowing them to take limefx scammers advantage of price movements. The broker does not charge any extra fees for deposits, butclients might need to pay third-party charges depending on their paymentmethod.

Thecustomisable interface makes it easy for traders to manage their trades andmonitor the markets. This feature also limefx company reviews makes it easier for traders to switchbetween different markets and instruments. Theone-click trading feature is excellent for traders who need more time to placeorders manually. This feature allows traders to open and close trades in justone click.

Indices

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

1. The LimeFX platform offers a wide range of commodityCFDs to trade, including crude oil.
2. The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated.
3. CFDs on futures are another popular tradinginstrument on the LimeFX platform.
4. Advancedtrading orders help traders to stay in control of their trades and keep theirlosses to a minimum.
5. Fixed spreads inforex help traders protect their capital and ensure consistent profits.

To ensure that traders will be able to gain access to a variety of assets through CFDs seamlessly, the brokerage firm provides reliable technologies and a number of tools and services. The customer support team at LimeFX isavailable 24/5, offering multilingual support. Our meticulously crafted trading environment encompasses competitive spreads, rapid execution, and a rich array of products, empowering our traders to navigate the markets with assurance. This reflects LimeFX’s unwavering focus and dedication to offering a holistic and top-tier trading product. I like the educational content for beginners at LimeFX, which also maintains a balanced asset selection. The flexible leverage and customizable demo accounts are also excellent, offering traders two core trading tools.

Advanced trading orders

The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated. LimeFX offers commission-free trading and above-average floating spreads. The broker does not charge deposits and withdrawals but has issued an inactivity fee. Overall, LimeFX is a reliable and trustworthybroker, providing traders access to the financial markets. The platform offersan extensive range of tradable instruments, advanced trading orders, andtechnical indicators.

Traders League

Users of the brokerage firm can also execute their trades while they are out and about, as LimeFX’s mobile apps make it exceptionally easy to keep tabs on the market anytime and anywhere. On the other hand, LimeFX does not offer any alternative trading platforms and does not incorporate any third-party tools. Moreover, I evaluated its trading fees to exceed the industry average. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.

The platform is a good choice for seasoned and layman traders as it allows them to manage equity, positions, and orders over the Internet with just a few clicks. Traders who access the platform on their computer will also be given access to all order types and execution modes and can monitor Forex rates and prices of financial instruments. In my estimation, LimeFX’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay. The webinars are geared towards beginners, intermediate-level, and advanced traders. At the time of my review, there were 5 upcoming webinars, all in Arabic.