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Like most forex brokers, they have a proprietary platform called Trading Station – this is easily the most user-friendly of the bunch. It also includes a comprehensive educational section that’s perfect if you’re learning the ropes of forex trading. As one of the best UK forex brokers that’s also well-regulated, LimeFX offers multiple platforms and a ton of trading tools so that beginners and experts alike have plenty of things to trade with.
Altogether, this gives LimeFX one of the safest reputations in the industry. Constant market news is available along with a daily market news analysis. The Forex Economic Calendar will keep you abreast with market moving economic events and there are also articles, videos, warnings, updates and more. For instance, the website features a total of 31 languages. There are 19 European languages and 12 additional from all around the world, including Arabic, Chinese , Indonesian, Malay, Thai, Vietnamese, Japanese and Korean.
- All of the forex brokers listed here on BrokerNotes or reviewed on our sister site ForexBrokers.com are regulated by at least one financial regulatory agency.
- All client funds are segregated from operating capital in Tier-1 accounts with major global banks.
- CTrader is also a valid option with 55 technical indicators and 6 different chart types.
- The LimeFX UK Limited entity is a member of the UK’s Financial Services Compensation Scheme , an independent compensation fund of last resort for retail customers of authorised UK financial services firms.
- The LimeFX MT4 Instant account is recommended for the investors looking to trade only with the bid and ask prices, without any added commissions.
But the inactivity window is pretty long , and any other fees are transparent and upfront before you make a trade. This being said, they offer high-volume trades, so they’re arguably the best for traders who like to make big trades or aggressive moves relatively frequently. But they do offer lots of precise trading controls, research analytics, and direct channels https://limefx.name/ to your brokers for strategic directions. This being said, it’s a great platform for traders who already have a style or strategy in mind. It’s well-suited for experienced traders, especially since it only works with the full MetaTrader suite. They’re also not very new-trader friendly, lacking tutorials or learning materials like many other brokers offer.
If additional suspicious reviews are discovered on this profile, we’ll remove those too. Many think LimeFX is an ECN/STP broker, however it is not. LimeFX is an NDD broker subject to order execution policy.
LimeFX offers a top-quality service for seasoned traders and novices alike. We determined this thanks to the leading edge platforms on offer, the range of products and its quality customer support. The broker has a whole trophy room of awards received over the past decade, including 6 consecutive Best FX Provider from 2014 to 2019 from Investors Chronicles & Financial Times. LimeFX first opened its doors in 2006 and has since grown to over 1,866,000 client accounts across 173 countries. The broker offers prices in over 2,000 markets, covering 70 FX pairs, Commodities, shares, futures, cryptocurrencies and indices. LimeFX may be the most awarded broker in the market, stacking up over 85 awards.
Can I trade with a LimeFX micro account?
They’re well regulated by the FCA, so they offer plenty of security and safety and they’re publicly traded on the London Stock exchange. Today, let’s break down the best forex trading platforms in the UK for 2022 based on their fees, features, and tons of other factors we’ve examined in depth. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Taking a gambler’s approach to forex trading is not recommended. Some speculators may place large bets and treat trading forex like a gamble, believing they can get rich by taking concentrated positions in the forex market.
This offering vs Plus500, LimeFX, LimeFX and other alternatives demonstrates their commitment to aiding customers, particularly beginners. With an MT5 account and LimeFX cTrader account, minimum live spreads are 1.4 and 0 pips, respectively. Opt for a Markets account and spread quotes start at 1.2 pips. My friend once advised this broker, but I didn’t really want to listen to him because I already had a broker. Nevertheless, when I decided to change it recently, I remembered the words of my friend and joined the community here.
Islamic accounts have a minimum deposit of $100 and since it is swap-free, LimeFX may apply additional fees to your positions. LimeFX was founded in 2006 and was reshaping online trading in the early days of such technology. In 2008 it was the first broker to sponsor an F1 team and by 2015, the Financial Times voted LimeFX as the ‘Best Broker’. Over the years, LimeFX has successfully expanded to serve retail and institutional clients in more than 170 countries – and is still growing.
Value can be quite good if you go with a standard account, spreads are low vs market for many assets. LimeFX is also well known for its fast execution speeds – in fact, most trades are executed in under 60 ms. High-volume traders or automated traders will be able to make use of this. One drawback that some may look at is the fact that Plus500 does not provide any phone-based customer support.
- Plus500 has a great offering of Forex CFDs, including over 70 Forex pairs.
- Its limited currency pairs and high fees for the Active Trader account make this more of a niche pick than a good option for most users.
- There are a number of account types available for LimeFX customers, depending on which trading platform you would like to use and a number of other factors too.
- If you intend to be an active forex trader, it can pay to shop around for the fee structure that will best suit your trading style.
- Recommend to try it for everyone who wants trade forex.
- But the most important advantage for me that LimeFX provides convenient, safe and fast withdrawal through payment cards, wire transfer and online payment systems.
While these may not be brighter graphically talking, they are still very user friendly. However, it can be slightly confusing when you start to visit the LimeFX demo account setup process on the company’s website, listing both MT4 and MT5 platforms, as well as cTrader. For the uninitiated, this kind of jargon can seem complex and intimidating. Trading CFDs and forex at LimeFX the first point to know is that they are a CFD broker. There are more than 260 assets in total and this includes forex, futures, indices, shares, metals, and energies.
FP Markets (Best Alternate)
As a pro trader, I find all the tools I need to trade with this broker, and the trading conditions are also really great. The customer service is one of the best in town with a huge FAQ section with dozens of questions available in multiple languages. Also, if this isn’t enough there is the customer support. The professional customer support is available in 20 languages and there is even a live chat feature as well as a traditional email and call-back service. LimeFX Edge is a proprietary platform for spread betting.
As mentioned, they allow for copy or strategic trading, and have phenomenal customer support that’s available 24/7. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. In this case the USD/EUR is 0.893 euros for each dollar.
Comments on LimeFX
LimeFX rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all.
Access is pretty easy, and their platform is well-optimized for both desktop and mobile use. They provide a wide range of services and can offer something interesting for every trader. The platforms and customer support are very qualitative. There are several benefits why I chose LimeFX.This broker is very good for mobile trading. They offer a good range of trading tools, stable execution and low spreads on the major pairs. But the most important advantage for me that LimeFX provides convenient, safe and fast withdrawal through payment cards, wire transfer and online payment systems.
- Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues.
- Located in Cyprus, IQ Option is a financial firm offering specialized trading services in Forex, Crypto, Binary Options, and Stocks.
- In addition, it also offers cTrader, while UK-based clients can also register at the LimeFX Edge platform.
It’s a unique position amongst brokers and designed to protect clients from any dramatic movements in prices. LimeFX believes that to be effective, SuperTrader portfolios should be well diversified across multiple trading strategies, it is for this reason that the initial LimeFX is high. Whether you want to start a blog, a website for your business, or simply have a platform for sharing your opinions, our wide range of guides and reviews has got you covered. RoboMarkets actually traces its origins back to 2014 when the founders of TiqIQ, a forex broker, bought out Wintech’s stake in the business. The deal was approved by the Securities and Exchange Commission , which meant that both companies were able to proceed with the acquisition. LimeFX only demands a minimum deposit of £300 if you want a standard account.
LimeFX Customer Support
LimeFX offers a good range of payment options including credit & debit cards, bank transfer, and third-party payment providers like Skrill, Neteller, and PayPal. LimeFX allows trading in 260+ CFDs across limefx scammers 6 asset classes. It includes CFDs for major currencies like USD, EUR, CAD, and JPY, among many others. It also offers commodities trading in the form of natural gas futures and UK & US oil futures.
A PAMM account which allows the investor access to a professionally managed portfolio account. Maybe i was unlucky before, maybe i just became more professional. And When i made this money my withdrawal attempt was successful. After this happen i realised LimeFX is totally reliable. I have been trading with LimeFX broker for the past 3 months and everything is ok. I have made my first withdrawal of my profit trouble free.
Fees and Value 💴
That being said, LimeFX offers major currencies such as the Euro, the US dollar, the Japanese yen, the Australian dollar, and the British Pound for almost all its customers. As a VIP client, you get up to 30% discount on market spreads – Available on the direct Market execution accounts. Access to VPS with no restrictions – Virtual Private Server enables to run trading Expert advisors remotely, 24/5. The LimeFX VIP Premium Accounts are offered to selected individuals with high deposits (typically $50k or equivalent) and those actively trading large volumes. VIP clients benefit from free VPS service and the possibility of decreased spreads/commissions. For beginners, trading at first can seem daunting, but luckily there is the LimeFX demo account to get you started, test the waters, and let yourself get comfortable with the platform before you start investing.
LimeFX – Who Are They?
Traders usually prefer cTrader when they want real direct access to the market with lower spreads and faster execution models. LimeFX offers over 70 forex pairs with low latency and fast order execution and spreads starting as low as 0 pips. As mentioned above, if you are a large volume trader you will want to try the LimeFX VIP account. This typically comes with a high deposit amount of $50,000 or more but can allow access to discounts of as much as 30% on market spreads and cTrader commissions. Brokers operating in the United Kingdom are regulated by the Financial Conduct Authority .
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