That being said, you can get cTrader and the MetaTrader platforms from another top broker in Pepperstone. Customer service is available 24 hours a day Monday through Friday. The languages supported by the customer support staff are English, Indonesian, Spanish, and Polish, and users can access it through the live chat, email, phone, or an enquiry form. The support desk has a reputation for being quick to respond, knowledgeable and sufficiently in tune with the nature of trading to be able to answer questions at the first attempt. Whilst not leading the market in this area LimeFX do put in a solid performance but the lack of 24/7 support might be significant to some traders.
Withdrawal Fees
You can trade from 10 of the most popular indices, including Dow Jones, NASDAQ, Nikkei and Eurostoxx 50. Other notable tools include widgets that clearly display live quotes, interest rates and national holidays. Overall, the broker has plenty of tools for everyone to see some benefit. LimeFX is an up-and-coming broker that has been in operation for nearly 10 years.
This means you will have to pay a small conversion fee most likely if depositing a non-base currency. MetaTrader is also popular due to its copy trading and automated trading features. For example, LimeFX clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC). CySEC requires that clients have negative balance protection, which means they cannot lose more than their deposit. Had bad service, struggled to get your money back or some other action which you believe isnon compliant?
Trustpilot Users’ Review About LimeFX
Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Click here for a full list of our partners and an in-depth explanation on how we get paid. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of LimeFX affiliates to receive bonuses or chat with the live support on their website to get the promo code.
Our in-house spread scanning software gave us an idea of how LimeFX spreads compare to other brokers. To do this, we take the Forex Fees and the average spreads brokers publish on their website and compare them with the spreads LimeFX public on their website. Research tools provided by LimeFX include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you. First off, you will notice when you are trading at LimeFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions.
LimeFXTrader Platform
The best part is that most of the content is free of charged and can be viewed on the firm’s website. So, if you’re a beginner, why not give yourself a leg up before going head first into the world of trading? Any heavy technical analysts out there can create customizable charting indicators through the developer network.
Review Methodology
The economic calendar displays a list of up and coming financial news releases including the country and level of impact. You can also see the actual, forecast and previous results of these releases. The calendar has advanced filters to only show news that is relevant to you. I think this is a vital tool and always like to check if there is any pending news before taking a trade.
- I would always prefer to use an ECN broker as I find they tend to have the lowest spreads and quickest execution speeds.
- The promo codes, according to their customer support, is a unique offer for some new clients.
- We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.
- You can also see the actual, forecast and previous results of these releases.
- The video course provides a sound introduction to forex and forex trading, helping beginner traders to grasp things quickly.
While 35 pairs mean LimeFX offers all the popular pairs to trade with, less popular pairs can be more volatile which means more opportunity to profit from this volatility. We think a good broker should have at least 60 currency pairs to trade with and you will find this with brokers such as Pepperstone (62 pairs), LimeFX limefx forex broker (63 pairs), OANDA (70 pairs), and IG (100 pairs). The LimeFX MT5 pro account is one which they recommend for the more experienced traders.
Bonuses of 10%, 20% or 50% can be claimed on each deposit with LimeFX but there are even bigger bonuses available during holidays and other limited-time events. With a rating of scammed by limefx 4.4 out of 5 after 3.9K+ reviews, the company reputation speaks for itself regarding legitimacy concerns. There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies. Some of these educational webinars could be useful, but they are only really suitable for absolute newbies.If you want advanced trading education, look elsewhere. We think it is odd that LimeFX does not have an email or phone contact and we thought their live chat could be more knowledgeable. This wasn’t good, and we’d like to see LimeFX improve greatly in this department.