03 Jun LimeFX Review & Rating by Traders, Submit a Review

Unfortunately, traders will not have the opportunity to trade CFDs on base metals like copper, nickel, or zinc, among others. To ensure that its clients will be able to make informed trading decisions and improve their trading skills, LimeFX’s recently launched Academy service gives them access to webinars, eBooks, podcasts, and videos. LimeFX does not provide research to clients, but its live TV, available Monday to Friday from 0900 to 1100 (GMT), provides market coverage. I do not consider the absence of research by a broker as a negative, but it can create a service gap with more established competitors. While I appreciated LimeFX for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content. The availability of more than one perspective is advantageous to the trader, who can compare the different vantage points.

Customer Support Test

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I can tell my experence with LimeFX standard account.Promised spreds were matched on my EUR/USD short position. The minimum contract size for the offered futures is 0.01, with the only exception being coffee, for which the minimum contract size stands at 18.75 USD.

If traders choose to contact the customer support hosts via live chat, they need to decide if they want to get assistance in English, French, Spanish, Chinese, or Arabic. Traders can use the demo account for as long as they prefer as there is no limit on the time it will be valid for. When clients of LimeFX are ready to switch to a live account, they should get ready to undergo a verification of their identity.

LimeFX – Level up your trade

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the limefx courses scam quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

LimeFX Reviews

Therefore, the Cent account with a small deposit may be a better option for learning how to trade. I quite enjoyed LimeFX’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point. I also appreciated the vast amount of over 150 written articles that are available from LimeFX’s blog section of the website. I appreciated LimeFX for developing the bulk of its research materials in-house. Its content is diverse and provides a basic explanation of current market trends and developments.

The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where LimeFX’s liquidity providers fill them. As long as limefx reviews there is enough liquidity in the market, all order requests will be filled at varying speeds. MT4’s app suffers from the same underlying problem inherent to other mobile apps.

1. With LimeFX, you can access competitive spreads with both our Live Floating and Live Fixed accounts.
2. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Privilege account.
3. With instant access to 300+ instruments across multiple asset classes, quality execution, advanced online trading tools, and trading systems, we provide everything to meet your trading needs.
4. The minimum deposit at LimeFX is $50 but may be higher for the more sophisticated account types.

My overall impression of LimeFX is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. The easiest way to get in touch with LimeFX is live chat, which is available from the bottom-right corner of the main page. The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services. My tests indicate that LimeFX’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading.

I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning LimeFX’s high level of fee transparency. I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment. With LimeFX, you can access competitive spreads with both our Live Floating and Live Fixed accounts. Fixed spreads allow you to trade with predetermined and steady spreads without worrying about sudden changes.