Global Broker in Forex, Stocks, Indices, Oil and Gold
A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies. Different brokers limefx company reviews use different names for trading accounts, offering different trading conditions for each. Always make sure to check these details before you start trading with a real account.
Account Base Currencies
- Regarding safety, LimeFX holds a trust score of 67, which reflects its top-tier regulation, established reputation, and customer reviews.
- At the end of the day,spreads are the main way that traders make money, and when it comes to LimeFX, theyhave variable spreads that change depending on the trading account picked,providing traders with ample opportunities toprofit from.
- On TrustPilot, LimeFX has an average score of 3.3 out of 5 from 531 reviews.
Margin is calculated perinstrument, and leverage is based on which account leverage and symbol leveragehas the lowest number. And even though LimeFX has a margin call strategy and astop-out level as a way to handle risk, tradersshould still be careful with debt and use risk management. Traders trust LimeFX becauseit is regulated by these authorities, which make sure that client funds arekept separate from operational funds and subject the broker to regular auditsand monitoring.
Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl. I’ve found LimeFX’s customer support responsive, helpful, and professional. No matter the issue, they’ve always ensured I get the assistance I need, making trading with them a smoother experience.
Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs. Yes, LimeFX charges a monthly inactivity fee of $5 for accounts that have been inactive for 90 days, which is a shorter period compared to the 6-12 months typically observed with many other brokers. LimeFX, established 15 years ago, has carved a niche in the online brokerage industry with its diverse offerings and client-centric approach. LimeFX offers a wide array of educational materials, designed to cater to traders of all levels, enhancing their trading knowledge and skills. LimeFX provides a comprehensive suite of research and educational resources, including trading guides, webinars, and fundamental analysis tools.
Deposit and Withdrawal Methods
In order to be able to trade, it is required to open an account and hold currency A and then exchange currency A for currency B either for a long term or a short-term trade, with the ultimate goal varying accordingly. Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange. Trading currencies always involves exchanging one currency for another. Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA). If you have experience trading with LimeFX please share your personal review of the broker and what you think are strong and weak points.
Trading Assets Details
I expected LimeFX to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size. Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, LimeFX caters primarily to a broader range of traders. The addition of personal account managers for each client further enhances the personalised trading experience.
Deposit and Withdrawal Fees
Clients who wish to trade on multiple asset classes, will have to select the MT5 as their platform of choice during registration. LimeFX puts a lot of emphasis on trader educationand offers a wide range of learning tools and resources to help traders becomebetter. Both the MT4 and MT5platforms used by LimeFX put security of client information and transfers at thetop of their list of priorities. To achieve that, advanced encryption methodsare used by the platforms to protect private dataand make sure that investing is safe. This dedication to security gives buyerspeace of mind because they know that their personal information and tradingactivities are safe from being accessed by people who shouldn’tbe able to. LimeFX awards customers whochoose and remain with their services because they value their loyalty.
LimeFX broker is regulated by three financial authorities and strives to keep its platform secure for users around the world. The platform takes limefx review several measures to protect users and their accounts. LimeFX has a great mobile trading platform, which is offered on MT4 and MT5.
