LimeFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. The variable spreads start from 0.2 – 0.4 pips with a commission already rolled in and no other mark-up to worry about on your MT4 Micro, or MT5 Pro Account. You will also find fixed spreads available on the MT4 Micro account that start from 2 pips.
Can I withdraw money from LimeFX?
LimeFX offers Forex ECN Trading, as well as CFD trading on Indices, Metals, and Cryptocurrencies across both the limefx scammers MT4 and MT5 trading platforms. Their trading platform – LimeFXTrader has space which is a unique feed with trading ideas. LimeFX offers a wide range of trading accounts and access to copy trading, and bonus promotions, plus a wide range of research tools. LimeFX was founded in 2011 and offers a range of trading platforms and tools.
LimeFX is approved by 70+ international industry awards in 180+ countries. LimeFX has been named the ‘Most Reliable Broker Asia 2023’ award from Global Forex Awards and the ‘Best Forex Broker 2023’ award from AllForexRating.com. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. It also provides for detailed analysis with market reports and more to offer. This bonus is also withdrawable though you must meet certain terms and conditions set by the broker.
- It is known for its competitive spreads and low transaction costs.
- However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience.
- Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs.
LimeFX Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with LimeFX European entity will fall under ESMA regulation Leverage. LimeFX offers competitive commissions and fees, including a low average EUR/USD spread of 0.9 and no inactivity fees. Our research found that LimeFX is an average choice for forex and CFD trading. Despite its comprehensive offerings and strong platform tools, some areas could be improved, making it a solid but not exceptional broker.
The globally recognized trading platforms like MetaTrader 5 and MetaTrader 4 are offered by LimeFX for trading through Web – Windows and Mac and Windows Desktop. It is higher versus many brokers but well within a reasonable range and justified by its products and services. With more than a decade of experience and 6.6 million trading accounts from over 100 countries, traders should be able to have trust in LimeFX.
How much are Non Trading Fees with LimeFX?
Traders pay no financing fees, irrelevant of how long a trade remains open. LimeFX presents traders with a competitively priced, commission-free pricing environment. The EUR/USD starts as low as 0.6 pips or $6 per 1 standard lot, with an average cost of 0.7 pips. It is the same as commission-based brokers offering raw spreads of 0 pips for a commission of $6. I rank LimeFX among the best-priced ones, and LimeFX delivers on its statement to help Forex traders earn more. LimeFXTrader offers tight spreads from 0.6 pips, and 80 trading instruments, including currencies, metals, energies, indices, and cryptocurrencies.
LimeFX Educational Resources
With all these features combined, it’s no wonder why LimeFX scammed by limefx is one of the best Forex brokers on the market today. Through the mobile app, clients can access multiple financial markets. CFDs on currency pairs, equities, indices, commodities, etc., on the go. Most of the trading tools and indicators offered via the desktop version are readily available on the mobile trading app. We will review some of the trading tools offered on the mobile trading app below.
Does LimeFX have Research and Education services?
Trading platforms offered by LimeFX are MT5 & MT4, and they don’t offer cTrader, but they have their own proprietary platform – LimeFXTrader. Yes, LimeFX pays real money to traders who earn from their trading activities. It also includes $31M in bonus funds LimeFX paid over the past eleven years.