LimeFX Review in 2024 Spreads & Fees Compared
- Posted by Admin Surya Wijaya Triindo
- On September 28, 2022
- 0
Sure this will have a huge impact for others looking for a broker. Thank you so much for taking the time to give LimeFX such a good review. Yes, LimeFX enables cryptocurrency wallet withdrawals, and transactions are processed within a few hours. Per Shariah law, the Islamic Account accommodates the Muslim community in Singapore by abstaining from charging trade fees on overnight positions. This is commonly achieved via SSL (Secure Socket Layer) technology, which guarantees that all data transfers between clients and servers are encrypted and unavailable to unauthorized parties. Since its establishment in 2011, LimeFX has navigated the arduous landscape of global commerce and established itself as a broker deserving of sincere attention.
It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. It is higher versus many brokers but well within a reasonable range and justified by its products and services. LimeFX offers a 50% bonus on each deposit, and a four-tier status program rewarding active traders.
The most popular of the three platforms is MT4, the industry-standard workhorse that more or less every retail broker offers. LimeFX allows you to trade on one of three different trading platforms. MetaTrader 4 (MT4), MetaTrader 5 (MT5), and LimeFXTrader, an in-house white-label program. If you are of the Islamic faith meaning you comply with Sharia law then this account is one of the best options on the market. Many brokers offer a swap-free account and while we are not experts in sharia law, we suspect they may not be truly sharia compliant.
MetaTrader 5 Web
Thank you again for your kind words, and we wish you continued success in your limefx official site trading journey with LimeFX! Dear DJ Mega Kel,Thank you so much for your positive feedback and for taking the time to share your thoughts with us. We’re glad to hear that you’re enjoying our fast payouts, leverage options, and top-notch execution. We truly appreciate your suggestions regarding spreads during news releases and the variety of account types. Dear Terence Marumo Tolo, Thank you for your wonderful feedback and for being a part of our LimeFX community! Our goal with LimeFX Space is to ensure that even those who may not have the time to analyze charts can still make informed trading decisions based on expert insights.
Customer Support
We believe in a partnership, that’s why we welcome all feedback, to understand our users’ needs and provide them with the best Forex trading experience. LimeFX offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. 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. LimeFX has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. LimeFX offers barely 277 tradeable instruments, which varies by platform, with the most on its MT5 offering.
- LimeFX’s user-friendly platform and accurate market analysis make trading efficient and effective.
- The minimum deposit at LimeFX is $25, higher than many brokers but within a reasonable range.
- The web-based LimeFXTrader platform is well-designed and intuitive.
- LimeFX offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS.
Other Fees
The broker has various trading tools and analytics, including an LimeFX profit calculator, trading calculator, pip calculator, live quotes, and monitoring. The LimeFX calculators can greatly help analyse the profits and margins. The platform offers competitive spreads that range from 0.8 to 65 depending on the type of currency pairs. The currency pairs like EUR/USD and a few others have a tight spread of 0.8 pips; most pairs have competitive spreads except USD/ZAR, which has a spread of 65 pips. Further researching the deposit options, we concluded that bank transfers and credit cards were entirely off the table for Australian traders trying to get funds into their accounts. And more than likely, it’s a no-go for wherever limefx broker reviews you may be located.
LimeFX delivers exceptional trading tools and clear market analysis. LimeFX seems to be hitting all the high marks for you – reliable service, user-friendly platform, and top-notch market analysis. Their platform is user-friendly and their market insights are invaluable. LimeFX provides excellent trading services with a straightforward platform. LimeFX’s fee structure, or lack thereof, makes it an appealing alternative for volume traders. LimeFX removes separate commission fees by incorporating the cost into the spread, providing a simple financial environment where traders can quickly assess their trading expenses.
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