Forex Trading
LimeFX Review 2024: Pros, Cons, & Fees
If you need to move larger amounts, you can request a higher limit. 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.
Mobile Offering
You can trade all the instruments available at LimeFX on the MT4 platform except individual stocks, which can only be traded on limefx courses scam MT5. When making a withdrawal, LimeFX transfers your funds back to the original funding method you used to fund your account. If this is not possible, they will transfer the funds to your identified bank account. This account must be in the same name as the account maintained with LimeFX.
US traders welcome at these brokers:
Butthere is a small commission fee for each lot sold with the LimeFX Zero Account. Tofigure out the total costs, it’s important to limefx review lookclosely at the different account types and how their commissions are set up. The “Tradepedia” education section has 39 videos which are divided down into seven sections. They introduce the beginner trader to the markets, to fundamental analysis, psychology and money management. There is also a more advanced section with more complex and technical analysis, trading strategies, tools and signals.
How To Deposit With LimeFX
For the past six years ❤, I’ve meticulously documented my experience with LimeFX, a globally recognized Forex and CFD broker. Forex fees (spreads) are vital when choosing brokers like LimeFX. They earn from spread variations influenced by market conditions, liquidity, and currency pairs. LimeFX offers tight spreads, with three account types catering to different preferences. Aspiring traders seeking a comprehensive and user-centric trading experience should look no further than LimeFX. With its user-friendly platform, diverse tradable assets, and commitment to education, LimeFX stands out as a broker of choice.
The minimum deposit for Micro or Standard accounts is $5. Traders can deposit funds into their LimeFX accounts through methods like Visa, Visa Electron, Mastercard, Maestro Diners Club International, UnionPay, LimeFX Card, Skrill, Neteller, Web Money, and bank wire transfers. Demo accounts have all the features and functions of a real account, including the speed of execution.
Trading Point Group, LimeFX’s parent company, launched a separate platform, Trading.com, specifically for the US market to adhere to US regulations. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. LimeFX offers a strong selection of trading platforms and tools, including MetaTrader 4 and MetaTrader 5. The rating for platforms and tools is average, making it a viable option for most traders. LimeFX caters to new traders with features like low minimum deposits (starting at $5 for certain accounts) and demo accounts for risk-free practice.
- Traders can use severaltools and features on these sites to improve their investment experience.
- An economic calendar also helps to keep you informed about upcoming events that can cause market volatility.
- LimeFX provides 55 forex pairs and 1,429 tradeable symbols, offering ample trading options but is below the industry average of 3,623 symbols.
- Too many platforms tho, but I guess its comfortability for people…
Dear Ahmed, We are sorry to hear about your experience with the withdrawal process and your account. Please get back to us with your account number so we can investigate your case further. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. LimeFX is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research.
For example, LimeFX charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. LimeFX is a nice company and they have a lot of interesting services that are useful for me.
