They can then trade as usual and earn additional income whenever others choose to copy them. Robust charting is provided by TradingView, featuring 11 time frames, 11 chart types, and over 100 technical indicators. Various drawing tools, from trend lines to Fibonacci retracements, are also available. In the hands-on testing process, I used MetaTrader 5 for desktops, which includes advanced functions such as copy trading and automated trading. As stated on their website, over 21 million trading accounts have been opened across 180 countries with LimeFX. limefx courses scam Despite this, LimeFX has built a reputation for reliability and security, employing encryption and secure protocols to protect client data and transactions.
Indices
The account facilitates risk management and automated trading with spreads beginning at 0.6 pips without requiring a commission. The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified. Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. Although LimeFX is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide.
Support
LimeFX provides access to popular trading platforms like MetaTrader 4 and MetaTrader 5, along with its own mobile trading app. Overall, there is a lot to like about LimeFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader. The trading costs are very competitive whilst customer support is prompt to answer questions. Trading instruments may perhaps be too limited for some although the forex offering is probably adequate for most forex trader needs. I think they can be worth consideration for anyone who is primarily looking to trade forex in a regulated environment backed by award winning customer support.
How long does it take to withdraw money from an account at LimeFX?
- There’s no question – if LimeFX wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.
- I’m impressed by the range of educational resources LimeFX offers.
- Wow, what a great review thank you for your positive feedback.
I would say this is the platform of choice for the professional trader. However, it is not available through many brokers so you could limit your options should you decide to switch brokers down the line. That being said, you can get cTrader and the MetaTrader platforms from another top broker in Pepperstone.
In my tests, I received speedy responses—the same day for email and a wait of just a few seconds for live chat. Despite the lack of phone support, I rate LimeFX as average in this category. LimeFX offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart. The trust score came in low, largely because the LimeFX Markets Inc. entity is unregulated. However, the European entity of LimeFX is regulated by the top-tier Cyprus Securities and Exchange Commission (CySEC).
There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable. Their customer service is accessible beyond standard business hours, offering 24/7 support in 20+ languages available via Live Chat and email. The broker also maintains a comprehensive FAQ section on its website, providing in-depth information on common queries related to trading, account management, deposits, and withdrawals.
Forex Fees
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. It feels like an unfair advantage that they charge no commission or swap fees! I will recommend LimeFX any and all.One problem which cost them a star is I no longer receive mt5 trade push notifications on the android app when pc terminal is closed. LimeFX is an up-and-coming broker limefx scammers that has been in operation for nearly 10 years. Its growth has enabled LimeFX to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust.