Forex Trading LimeFX Review: UK Edition 2023

LimeFX Review: UK Edition 2023

LimeFX

Overall, limefx courses scam offers fewer trading account currencies than most other large international brokers, but it offers accounts denominated in GBP. LimeFX offers an automatic withdrawal feature that enables traders to withdraw funds up to 100 USD per day within 24 hours, which is available on Skrill, Perfect Money, and Neteller. Note that withdrawal requests are processed manually by the Financial Department during its working hours and are processed within one working day of the date of submission. Bank wire transfers can take up to five working days to be processed, depending on the sender’s and beneficiary’s banks’ operation speed. Some of the most overlooked trading costs are the non-trading fees that are charged by brokers.

LiteFinance will never charge swap fees on these accounts’ overnight balances. Open an account online and reach out to your account manager before placing your first trade. Every month, LimeFX rewards the 5 best demo traders with cash prizes totalling US$ 10,000. LimeFX supports mobile trading by

providing their clients with an entire suite of proprietary mobile trading

applications. The mobile applications available include; Forex Analysis, Forex Signals,

Trading Strategies, Mobile Trading, Forex Digest, and Currency Rates. CTrader is a trading platform with an intuitive interface, advanced chart analysis tools and unique options for algorithmic trading.

Why people choose LimeFX

Trade in various assets using built-in analytics and signals to predict price movements. Raw spreads from 0 points, the best liquidity providers, and ECN technologies make it profitable to trade with LiteFinance. Analytical materials are developed in cooperation with our partner, Claws&Horns, exclusively for information purposes.

  • Dear Aleksey D,We are glad that you appreciated our services and that you are an active trader.
  • All accounts come with full access to the Claws & Horns forex news and analytical service.
  • Both LimeFX’s accounts have a minimum deposit of 50 USD, making them accessible to beginner traders.
  • All applications and their contents are supported in more than eight languages and are regularly updated.
  • LimeFX clients can diversify portfolios with hedging capabilities and low margins.
  • LimeFX offers a limited selection of educational materials for beginner traders, but their extensive analysis section covers fundamental and technical analyses across a range of currency pairs.

The LimeFX site features extensive information about the account types and assets available to buy and sell using its platform. Customer service contact information is prominently displayed for smooth communication with the support team. Forex traders focused primarily on major and exotic currency pairs will benefit from competitive spreads and a transparent fee structure while using the industry-standard MetaTrader platform. LimeFX users can choose between MetaTrader 4 and MetaTrader 5 as platforms for their trading activities. This ensures data privacy and software stability while granting users access to mobile and desktop trading 24 hours a day. The broker’s excellent customer service (which is available day and night most days of the week) adds an extra element of reliability to an already impressive service offering.

Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. https://limefx.group/’s educational materials are average compared to other similar brokers. LimeFX does not charge fees for deposits, and as a bonus, it covers deposit fees imposed by the provider. In line with the Anti-Money Laundering Directive, LimeFX operates a “return to source” policy, meaning that withdrawals must be made via the same method and into the same account as the original deposit.

BTC Price Predictions and Analysis: Bitcoin Price Breakout!

Other popular features include Expert Advisors, automated trading support, strategy backtesting, customisable charting, indicators, and copy trading functionality. LimeFX offers a limited number of payment methods, and while LimeFX charges no commissions on deposits, it charges fees for most withdrawal methods. It should be noted that LimeFX applies a slightly different cost structure to its two account types.

LimeFX

LimeFX

offers traders the selection between two of the most popular and loved trading

platforms in the world, the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading

platforms. Both platforms are highly sophisticated and accommodate the needs of

both beginner and experienced traders. However, because LimeFX only

provides trading in the forex markets, both platforms will do. LimeFX demo accounts provide the opportunity for traders to trade virtual money under real market conditions. Demo accounts are free of charge and allow beginner traders to refine trading strategies using MetaTrader platforms.

Trading Strategies

To install the platform, double-click on the downloaded file “litefinance4setup.exe”. Choose a directory for installing the program and follow the installation program tips. Overall, the account opening process at LimeFX is similar to other international brokers. When making this calculation, we use one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread. LimeFX (Europe) does not offer any promotions, including no deposit bonuses. LimeFX Europe Limited is also a member of the Investor Compensation Fund, which protects client funds up to 20,000 EUR.

is a large and established online trading brokerage who serves the

international markets by accepting traders from around the world and offering

their services in over 10 languages. The brokerage specializes in the trading

of forex and has been providing reliable and innovative forex trading services

since their establishment in 2005. LimeFX is owned and operated by LimeFX

Investments Ltd. and is registered in the Marshall Islands with their

headquarters located at Ajeltake Road, Ajeltake Island, Majuro, Marshall

Islands MH96960.

The EU entity only accepts traders from the EEA, plus the UAE and Marshal Islands. Compare the markets and instruments offered by LimeFX Europe and its competitors. Please note, some markets may only be available via CFDs or other derivatives. There are no bonus deals or promo codes offered by LimeFX Europe in 2023. As per CySEC regulations, the use of incentivised trading via bonuses, contests, rebates, etc, has been restricted to protect retail investors. The owner has ensured all LimeFX Europe deposits and withdrawals can be managed from within the secure Client Cabinet, which also contains a live chat in case of any problems.

Beginner traders are inexperienced traders who have never traded before, or who have been trading for less than a year. Beginner traders often do not want to risk trading large sums of money and generally will not be able to trade full-time during the workweek. It also provides its clients negative balance protection, so that they cannot lose more than is in their trading accounts. In addition to the MetaTrader 4 and Metatrader 5 platforms, LimeFX also offers a user-friendly proprietary copy trading platform.

LimeFX Trading Information 2023

You can also get help 24/5 by clicking on the live chat logo, which is available upon login to a demo or live account. This review would like to have seen cryptocurrency trading offered. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

This company is a registered broker operating from Cyprus, an EU member state located in Southern Europe. As such, all trading and client activity is regulated by the Cyprus Securities and Exchange Commission. As noted above, this jurisdiction offers investor compensation up to EUR 20,000 on non-professional trading accounts in the event of brokerage liquidation. LimeFX Europe is a trusted broker offering social trading, ECN spreads and fast withdrawals. The $50 minimum deposit is also reasonable and the demo account and trading tools make the broker a good choice for beginners.

Traders should have a reasonable level of trust with this broker. Get market execution and no-requotes with a Classic or an ECN account. Diversify your investments across a wide range of asset classes. Trade Forex as well as CFDs on precious metals, oil and world indices from a low $50 initial deposit with LiteFinance (formerly LimeFX). In the world of Forex trading, reaping profits solely depend on a trader’s speed and accur…

Forex trading with LiteFinance is one of the best ways to become a professional on Forex market

Available for free to all LimeFX clients, Claws & Horns provides fundamental and technical analysis, video reviews, and various signals. It also provides recommendations for trade opening with entry/exit points that are updated throughout the day, which are intended for medium-term trading strategies. Overall, LimeFX offers a wide range of funding methods, and while deposits are free, high fees are charged on most withdrawal methods.

LimeFX’s non-trading fees are average compared to other similar brokers. Funding is available via bank cards (Mastercard or Visa) and e-wallets including Skrill and Neteller. Fees are reimbursed for all local deposit methods and are processed instantly. The minimum amount for deposit or withdrawal is $1 for e-wallets and $10 for cards. LimeFX Europe has an extensive mobile app offering, consisting of not only the MetaTrader apps but also the broker’s own apps tailored to forex signals, analysis, and strategies.

Related Post