The signals are developed by the analysts of scammed by limefx the partner (or, better, mother) company FINAM. You can see how the signals are sent and the examples of previous signals on the page by clicking on “Check Previous Ideas”. The line of financial products for passive income is a very strong suit of LimeFX. In the table below, we compared the broker’s instruments with the competitors, although some positions cannot be properly compared, as the brokers provide data in different formats.
LimeFX Review 2021
LimeFX applies different approaches to charging commissions on trading with different exchanges. At the stock market, it could be a commission per share (NYSE, Nasdaq), or per trade (EURONEXT, LSE) On the Forex market, the broker charges a low fixed commission per lot. The company offers special conditions for investment portfolios.
Funding & Financials
LimeFX offers both investment and market speculation opportunities to its clients. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. In our assessment, LimeFX is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion.
LimeFX Review
Our vast portfolio encompasses stocks, currencies, options, futures, CFDs, bonds, and cryptocurrencies, ensuring our clients have diverse investment opportunities. LimeFX is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs.
LimeFX is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability.
- By default, you can access your account using simplified login procedure without two-factor authentication.
- This is a good indication that the brand is a large, legitimate brokerage.
- With its regulatory oversight, LimeFX offers an additional layer of security to its clientele.
- Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2.
- Different account types are available for different trader types.
LimeFX’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads. LimeFX doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions. For the customers, who prefer to work via email, there are 4 subscriptions depending on the limefx official site markets and frequency of newsletters.
We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. As the financial realm continues to evolve, so does the need for superior trading tools. LimeFX’s platform unfurls a tapestry of innovative features tailored to empower traders.