LimeFx broker reviews: LimeFx Windsorbrokers com reviews and ratings by Forex Peace Army Leave a comment

The broker also charges non-trading fees, such as a maintenance fee on inactive accounts. Deposits and withdrawals may also be liable for extra charges by third parties, depending on the chosen payment method. Compensation schemes are put in place to protect traders against the credit risk faced by the broker. In the unlikely event that the company becomes insolvent, a trader would be compensated. Traders with LimeFx Ltd. are protected under the Investor Compensation Fund . Clients of LimeFx International Ltd, LimeFx Limited, and Windsor Markets Limited are privately insured by LimeFx.

• A total of 200 variables have been analyzed to help you choose your broker wisely.
• ➡️ Displays, charts, windows, and colour schemes could be customized to meet the preferences of individual traders.
• Furthermore, the company places great emphasis on its traders’ knowledge.

Detailed monthly rebate statements, multilingual technical support, and help from its 30-year trading expertise make its support service totally worthwhile. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too. In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation. LimeFx Ltd is regulated by International Financial Services Commission in Belize and can offer services within the rest of the world except in the USA, EU, and Belize. The LimeFx review is solely for educational purposes or informational purposes and does not constitute financial advice. For LimeFx advice, seek advice from the experts since past performance can never guarantee future results.

Limit orders guarantee exact price execution, though there is no guarantee of volume filling . There are 24 drawing tools, such as trend lines, channels, and Fibonacci retracement levels. Those can be used to determine crucial support and resistance levels, as well as potential breakout or breakdown points.

Does LimeFx accept Payoneer?

Negative balance protection, multilingual customer service, and other educational features are included in the accounts, which add value to the process. I was pleased to see that the broker has a nice variety of account types to choose from. The account type available to you can depend on your country of residence and your trading capital.

This complies with Sharia law and requires the prime trading account option. This means that if you are looking for an Islamic account, you won’t get access to the zero-spread option. Measure the profit or loss of a trade based on your trading account’s base currency, opening trade price, trade direction, trade size, and closing trade price. Windsor’s Profit calculator supports more than 16 currency pairs. You can also calculate the profit/loss of an instrument that is not supported by simply manually input the opening and closing price. I actually feel that the brilliant platforms which are provided have more than enough tools built-in to meet the demands of most traders.

The broker incorporates the globally renowned MetaTrader 4 platform, and traders can use its desktop, web trader, and mobile app versions. Even though MT4 could have been made more flexible, the platform is sophisticated enough to accommodate the execution of complex trading strategies. Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker’s desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other ‘need to know’ features. LimeFx scored highly in the Fees category because its spreads and swap charges are below the industry average.

Traders will usually buy or sell a number of units depending on whether they think that the price of the financial instrument will increase or decrease. You can conveniently access, trade and manage all your accounts from one place, using Windsor’s MetaTrader 4 Multiterminal. This can be advantageous for those of you who are money managers and trading different strategies across multiple accounts.

Traders at LimeFx only have access to the core MT4 trading platform; they should expect upgrades from a broker that has been in existence for more than three decades. LimeFx offers two account options, one commission-based and one commission-free. Great current offer of bonus that is usable and relative reading the small print compared to many other poor bonus offers available. I received $30 No Deposit Bonus & I’m doubling it in just 4 days looking for more profits, brilliant site, very quick customer service. Because I just receive mine from them, after submitting a request for withdraw. Stay informed of the latest market movements, analyze your trading performance, and manage your account with ease.

Research and Trading Tool Comparison

➡️ When trading with LimeFx, you have access to a powerful weapon called leverage, which allows you to double your beginning balance potentially and, in turn, your profit potential. After earning $33 they cancelled both profit and bonus by claiming I traded using different IP addresses. In Kenya, internet providers change IP addresses every few hours. Deposits can be made at LimeFx using credit or debit cards, via bank transfer, and via a number of e-wallets like Skrill and Neteller.

LimeFx admits the significance of owning a quick order execution. A quick execution will allow users to exchange without fretting about slippage safely. All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with.

👉 This version works on any device and operating system since it is web-based exclusively. There is no additional software that must be downloaded for usage. Regarding trading platforms, MT4 is at the forefront because of its speed and adaptability. 👉 MT4 is one of the most popular trading platforms because of its advanced charting features, limefx scam a vast array of available indicators, and potential for use in algorithmic trading. 👉 Since its inception in 1988, the company has specialized in assisting clients with over-the-counter derivatives trading. The broker stands out owing to the vast selection of instruments accessible for trading and the cheap cost of transactions.

LimeFx also provides a deposit bonus of up to $10,000, in which the broker matches 20% of the client’s initial deposit. Facebook competitions, forecasts, and guessing games are the promotions lime fx offered by the LimeFx. It enables users to connect to the Mt4 trading platform, allowing them to watch and trade the financial markets straight from their iOS & Android-based tablets.

Our Final Verdict on LimeFx

Only the out-of-the-box MT4 trading platform is available at LimeFx. It remains the most notable disadvantage at this broker, as the core MT4 requires third-party upgrades to provide a cutting edge trading environment. Without access to the upgrades, traders manage their portfolios from an uncompetitive trading environment. The MT4 is the most versatile trading platform and supports massive upgrades via more than 20,000 plugins. LimeFx has been in operation since 1988 and, as a well-respected broker, must provide more than just the core MT4 trading platform. LimeFx offers one commission-based account where the minimum mark-up starts from 1.0 pips or $10 per 1.0 standard lots.

This is vital in case there is a market event that I want to try and capitalise on. In this instance, it wouldn’t be ideal to sit around waiting days for a bank transfer to clear. I think they could improve by adding support for crypto funding in the future, should the regulators allow. It is great to see the broker support traders of the Muslim faith with the swap-free Islamic account options.

The traders can choose between different payment methods such as credit card, debit card, Skiller, UnionPay, Neteller, WebMoney, bank, or wire transfers. In addition, the customer support team is also available 24×7 and can be reached through email, live chat, or call back. It displays a competitive and safe trading environment by providing additional protection. Client funds are kept in a segregated bank account that can not be used by the company. Overall, the management team at LimeFx demonstrates a comprehensive and ever-changing global regulatory environment with a market maker mindset.

Trade360 Demo Account

LimeFx is a forex broker, Regulated – BaFin, CySEC, FCA, MiFID, Company – LimeFx Ltd. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks.

I would like to see the broker make all account options available to all traders, regardless of their LimeFx size. If you do want zero spreads but have a lower capital to start with, XM Group have raw spread accounts and a minimum deposit of just $5. The term “good broker” may vary from trader to trader, according to their requirements. LimeFx offers trading services in foreign exchange, CFDs, indices, stocks, shares, and futures. They also have a good variety of advanced trading tools which help ensure that you can conduct detailed market analysis across all of your favourite charts. Beginners are looked after with a collection of handy educational materials including trading guides and videos to help you get started.

A video library offers short videos, which resonates well with millennial clients but fails to deliver in-depth education. Registration is required to access additional details for both the video content and the eBooks. LimeFx introduces the basics, while the overall quality remains significantly behind brokers with a market-leading approach to educating new clients.

Professional traders, in turn, may negotiate even more competitive conditions with a VIP Zero account. In order to achieve your trading goals, you need to choose the right account. We evaluate each broker’s account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account. LimeFx scored average in the Deposit and Withdrawal category. The broker does not charge anything for deposits or withdrawals, though third-party fees may apply. Multiple payment methods are available, most of which take up to 24 hours to process.

A limited number of traded assets; might grow by including cryptocurrency. Provides sophisticated trading capabilities such as social trading and copy trading, as well as more than 160 trading instruments. LimeFx has created its own Economic Calendar, which includes https://limefx.biz/ all significant facts that may affect forex and other trading products and updates in real-time during live broadcasts and announcements. Payoneer’s customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.

We test the broker’s platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money. LimeFx scored high in the Instruments, Fees, Accounts, and Platforms categories. Where the broker stands out is with regards to its diverse tradable instruments and very competitive trading fees. LimeFx has incorporated the globally renowned MetaTrader 4 platform, allowing traders the flexibility to conduct probing technical analyses and construct complex trades.