Forex Trading

LimeFX Review 2024 The Good & Bad Uncovered

LimeFX review

If you have experience trading with LimeFX please share your personal review of the broker and what you think are strong and weak points. Trading according to the market analysis has really helped me increase my profit, for sure LimeFX is really the main deal!! Compare the markets and instruments offered by LimeFX and its competitors.

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. I checked the usability of LimeFX’s seven retail account types and found them quite diverse, with hugely varying pricing mechanisms.

  1. To evaluate brokers, we test the accounts, trading tools and services provided.
  2. The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages.
  3. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
  4. The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings.

Why is it Important to Know Where Your Broker’s Subsidiaries are Regulated?

Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. With respect to data security, LimeFX uses standard data encryption, but it lacks 2-tier platform authentication and only requires a 1-time password for MT4. The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFX.

In my experience, the charts screen is probably the most important component of every platform. It is the window through which traders can observe price action behavior and understand where the market might be headed next. Automated trading is possible limefx forex broker via MetaTrader’s Expert Advisors (EAs) feature.

LimeFX review

LimeFX User Experience

I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

Desktop Experience

Inexplicably, the daily web-based “Market Insights” column was not reproduced on the research app. Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive. A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old.

I wanted feeling special

An extensive website section is devoted to trader education, which makes limefx courses scam LimeFX suitable for beginners. LimeFX, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations. While it offers a variety of trading instruments and platforms, its overall offerings and ratings are average in the competitive forex market. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves.

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