LimeFX Review Forex Brokers Reviews & Ratings
The notifications are sentdirectly to the traders’ devices, allowing limefx scammers them to stay on top of their trades. TheMT4 platform offers a user-friendly interface that can be customised accordingto individual trading styles. This feature allows traders to customise the lookand feel of the platform according to their personal preferences. This means that traders willnever lose more than their initial investment, even if their trades areunsuccessful. For forex trading, you will find a wide range of currency pairs. The major currencypairs are available, including EUR/USD, GBP/USD, USD/JPY, GBP/JPY, and more.
- Regarding safety and security, LimeFX isregulated by the Seychelles Financial Services Authority (FSA).
- Supported transaction currencies are USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF.
- It isimportant to note that the swap fee is applied daily and can be positive ornegative depending on market conditions.
- Compared to other brokers, the leverageoffered by LimeFX is relatively high.
- These indicators provide traders with insightsinto the markets and help them identify profitable trading opportunities.
a powerful broker:
LimeFX’s swap fees are very competitivecompared to other brokers in the market, making it an ideal choice for traderswho want to reduce trading costs. The minimum deposit requirement is $50; basecurrencies are EUR, USD, or GBP. Forex traders and other market traders canaccess LimeFX’s services through the MT4 platform, WebTrader and mobileplatforms. Plus, they offer a free demo account to practice on their platforms.
Available Trading Platforms on LimeFX Broker
Some praise the competitive trading conditions, user-friendly platform, and quality customer support, while a few complain about withdrawal issues and fraudulent activities. Inaddition, the broker offers 24/5 multilingual customer support to help traderswith any queries. The broker also provides a wide range of educationalmaterials to help traders understand the share market better.
Deposits are free and instant; traders canquickly start trading after the deposit is complete. Forex traders can trust LimeFX’s platform forsafe and secure trading. Internal processing times are within 24 hours, but the final transaction time depends on the payment processor and the geographical location of traders.
On the other hand, if you go short on a currency pair, you will be chargeda negative swap fee. Therefore, the swap fee offered by this regulated brokeris quite competitive compared to other brokers in the industry. Inaddition, the broker provides negative balance protection, which preventstraders from losing more money than they have invested.
What is the minimum trade size?
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One-click trading
Thewithdrawal methods are similar to the deposit methods, including wiretransfers, credit/debit cards, and wallets. Leverage allowstraders to make a much higher return, but the disadvantage is that a smallprice movement in the opposite direction of the trade can magnify losses aswell. Thetransaction fee structure is transparent, and their multilingual customer teamis always available to help.