Roboforex is registered in Belize, and regulated by the CySEC, FCA, ASIC, and FSA. According to their website, more than 900,000 customers are registered on their site. Don’t forget to read our full review on Roboforex before you test it out. You can use a free demo account to evaluate the platform first before depositing. Your virtual credit will be included in the demo account with 10,000$ in automatic funding. LimeFxFX clients submit this demo account so that the customer can be aware of all the tools.
However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. LimeFxFX partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their LimeFxFX clients’ funds.
- LimeFxFX accepts all the most popular payment methods including VISA, Bitcoin, Neteller, and MasterCard.
- LimeFxFX is also known for offering one of the best Islamic accounts in the industry.
- They also have a subsidiary company that is based in Cyprus and is called LimeFx Markets Cyprus Ltd.
- Your appreciation serves as a strong motivation for us to continue delivering exceptional service.
The lack of options isn’t the worst thing, as LimeFxFX provides most major trading instruments, and fewer options can help you focus and not be distracted. If you are not of Islamic faith, having no swaps can work for or even against you. The thing to remember is that swaps can either be a source of https://limefx.club/ income or an expense depending on how markets open. Profiting off swaps is a legit trading strategy but this won’t be possible with LimeFxFX. If this doesn’t concern you and you assume swaps costs are going to be unfavourable, then this account will encourage you to trade mid-term and long-term.
LimeFx crafts diversified account types to cater to the multifaceted needs of traders. Whether you are a novice exploring the domain or a seasoned trader, our accounts are designed to meet your specific requirements and trading goals. Explore the comprehensive trading solutions with LimeFx and elevate your trading experiences to unprecedented heights. LimeFx’s expansive outreach has democratized access to the Forex market, setting benchmarks in offering cost-efficient trading conditions and transparent services on a global scale.
- I regret switching from LimeFx to LimeFx thinking it will be better with local deposits.
- This is rather a limited selection compared with other top brokers.
- Most reviews recognize that LimeFxFX focuses on delivering top-quality service, strong customer support, and cost-effective trading conditions.
- In this platform, the overall commission structure of trading depended upon the account type.
I used to use ctrader but its not quite my cup of tea and i prefer the good old metatrder but with the ability to trade wherever i can. In this sense, i like that they have both computer and mobile options. No, LimeFxFX does not impose a daily limit on the number of deposits and withdrawals. To avoid processing delays, it’s recommended that you deposit and withdraw all of your funds in one transaction.
LimeFxFX is a Multi-Assets Trading Platform with over 50+ Assets
With their mobile trading apps, users can easily copy the trades of experienced traders. This allows them to profit from the same strategies and techniques. Apart from trading costs, one area where LimeFxFX really stands out is the absence of fees for its speedy deposits and withdrawals. Most reviews recognize that LimeFxFX focuses on delivering top-quality service, strong customer support, and cost-effective trading conditions. Guaranteed stop loss, no negative balance protection would be provided. Final thoughts of LimeFxFX will give a full Metatrader suite with a fairly limited offering.
“Review Broker LimeFxFX”
This level of risk may result in the loss of amounts that exceed the initial deposit. LimeFxFX does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The LimeFxFX Demo account does not expire and is available without limit. These deposit bonuses were recently outlawed in Europe and regulators such as CySEC have forbidden brokers from offering them. Perhaps these bonuses are only available to their traders in other jurisdictions. In terms of the customer support options at LimeFxFX, they offer 24 hour a day service 5 days of the week.
Each one of these is graded, and an overall score is calculated and assigned to the broker. The educational material at LimeFxFX and its alternative website is good but focused on new traders; for more experienced traders, there is little in the way of educational support. Customer support is competitive but where LimeFxFX really shines is in the research and market analysis available. LimeFxFX does not allow funding to or from third parties like most brokers. All withdrawal requests from a trading account must go to a funding source in the trader’s name. The trading of financial instruments involves a high level of risk which may not be suitable for all traders.
LimeFxFX’s mobile trading support is good compared to other brokers, with the MT4 and MT5 mobile versions available and the LimeFxFX trading app. However, LimeFxFX’s trading app is only available on Android devices. The app also lets you manage any bonuses or contest accounts you have open with LimeFxFX.
LimeFxFX Mobile Platform
Of course, this may not really be needed when you consider that there are already 70 different indicators included on the platform. Moreover, there is much more functionality when it comes to coding your EAs. This is because the MT5 uses an object orientated language called MQL5. You also have one-click trading on the MT5 platform which is not available on MT4. Moreover, you can code your own trading algorithms and bots on the MT4 platform. This is through the use of the their MQL4 programming language which was developed specifically for this platform.
That being said, you can get cTrader and the MetaTrader platforms from another top broker in Pepperstone. LimeFxFX are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to LimeFxFX accounts by traders are held in a segregated bank account.
Start your journey to becoming a proficient indices trader and explore the limitless opportunities that the world of index trading unfolds. LimeFx is a trusted global broker that offers a user-friendly platform, and a wide selection of tradable instruments. LimeFx acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their clients. Dear Rohaida Binti Adam,We’re delighted to hear that our traders prefer LimeFx as a trusted and great company. Feel free to contact us through social media if you have any questions or if there is something we can do for you.
Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. Yes, LimeFxFX offers swap-free limefx company reviews account options, but only for certain types of account. However, withdrawals take 1-3 hours to process and 30 minutes to send, both of which are free of charge.