LimeFX Review in 2024 Spreads & Fees Compared

LimeFX broker review

The Premium account still maintains an accessible entry point with a minimum deposit of $0. LimeFX excels in Forex trading, offering a broad range of over 50 Forex pairs with competitive conditions like low spreads and reasonable commissions. It’s also suitable for day trading and scalping, providing favourable spreads and fast execution times. The LimeFX Trader’s Board has data on how LimeFX clients trade and a lucrative partnership program is also available. Trading with a regulated broker will limit the potential for fraud and malpractice.

Premium Account

However, in the context of Cent Accounts, LimeFX’s spreads are more competitive than its competitors. Multi-lingual customer support is available 24/5, and LimeFX transparently lists all contact methods on its website. It also maintains a trading desk for phone-assisted trades. LimeFX describes its products and services well, and it has plenty of videos and a well-structured FAQ section. I recommend live chat should traders require assistance for non-urgent scammed by limefx matters and phone support for emergencies. LimeFX maintains a valuable educational section for beginners.

  1. The Copy account allows you to track the leading traders andcopy their trades.
  2. Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity.
  3. LimeFX excels at transforming complex financial data into clear, actionable insights.
  4. While the numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the Standard Account Spreads for 20 brokers to see how they performed.

How does LimeFXarkets structure its fees for different account types?

They also make money through deposit and withdrawal fees and B-Book execution policies. The LimeFX Premium Pro account offers a range of base currencies including USD, EUR, and PLN. The Premium Pro account has a minimum deposit requirement of $5,000 for Professional Clients and $500 for Experienced Retail Clients (Poland traders only). The LimeFX Premium account supports multiple trading platforms, including MT4, MT5, and the LimeFX App. Additionally, the LimeFX Premium account is available as a swap-free option, accommodating traders of Islamic faith. The base currency options within the LimeFX Zero account include USD, EUR, PLN, NGN, and JPY, depending on the trader’s region and the broker’s entity.

LimeFX broker review

Forex Risk Disclaimer

The LimeFX Premium account caters to retail traders globally as it is available under any LimeFX entity. The Premium account offers a straightforward trading experience with no minimum deposit and no trading volume commissions, which makes it a standard account offer for retail traders. LimeFX positions itself as a competitive player in the market, offering a compelling proposition to traders. LimeFX is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability. They are a well-regulated STP broker with awards for its clientprotection and product offerings.

Although I have been hesitant to attend past events due to inferiority complex, now I can assure everyone that the team is kind and polite, the information was educational aswell. Everyone at LimeFX is open and welcoming however my favorite is one and only Francois Du Plessis. Lastly, limefx courses scam LimeFX earns from B-book execution of some trading orders where LimeFX acts directly as counterparty, earning on losing trades. LimeFX withdrawals are secure, but can be quite slow requiring up to 10 business days to get through.

It boasts ultra-low bid-ask spreads and commissions starting from $6 per round turn on Forex. Its international appeal is reinforced by its adherence to multiple regulatory frameworks, which instill high levels of trust and security for clients. This translates into access to a reliable platform that adheres to rigorous standards, increasing reliability and safety for the customer base.

In addition tothe usual trading conditions, they can be further improved with the variousbonuses offered by LimeFX. While it provides significant leverage, the broker stresses the importance of risk management. When traders deposit or withdraw money in a currency that differs from their account’s base currency, they incur currency conversion expenses. This ensures that HF Markets is committed to offering all global clients an open and cost-effective service.

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