Yes, LimeFX offers swap-free Islamic accounts that adhere to Sharia law, making them ideal for Muslim traders. LimeFX might reassess its pricing structure to remain competitive in the marketplace. This may entail changing inactivity costs, currency conversion fees, or withdrawal fees limefx to meet industry standards better.
- The mobile offering also comes with the LimeFX Research app which gives users an overview of the financial markets and major news events.
- The LimeFX No Commission Account streamlines the trading process by eliminating commissions, allowing traders to focus on market movements rather than charge structures.
- The LimeFX Live Zero Fixed Spread Account stands out among traders that value predictability in their trading costs.
- After submitting your application, wait for LimeFX’s confirmation.
- Here is my opinion about trading conditions of this broker and how they correspond to my trading.Company provides quite favorable spreads.
LimeFX Forex Broker Review
It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. Their wide array of promotions and the highly rewarding IB program only enhance their attractiveness. However, we always urge traders to carefully consider their individual needs and preferences when choosing a trading platform.
TradeCopier
The mobile offering also comes with the LimeFX Research app which gives users an overview of the financial markets and major news events. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money.
LimeFX operates as a brand of Notesco Ltd which is registered in Bermuda. Yes, LimeFX provides a demo account with virtual funds for traders to test their methods and become acquainted with the platform. Although LimeFX’s diverse offerings are commendable, we found some areas that could benefit from limefx scammers improvement. Some traders might be bothered by the inactivity fee and the possibility of currency conversion fees. LimeFX’s over 500 instruments are spread across various financial markets, ensuring that traders get maximum exposure and can diversify their trading portfolios. Below, we discuss each of the asset categories for retail traders.
Choose your trading account
What immediately stands out is the lack of commissions, making it a financially wise option for beginners or those who prefer a clear approach to trading costs. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LimeFX won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy.
Which indexes are accessible for trading on LimeFX?
We experienced the “Battle of the Traders” on LimeFX and found it was an exciting competition that traders all over the globe would love. A substantial $500,000 prize pool will be available from April 1st to June 30th, 2024. Their attitude to traders at all levels, though, is what distinguishes them. LimeFX has designed several account types to suit everyone, from novices making their initial steps to seasoned professionals with certain requirements. Our tight spreads and fast execution allow you to enjoy cost-effective trading and grasp numerous opportunities. If you need help, just contact our customer support at or use the live chat in the bottom-right corner.
The choice of account types will also suit varying trading styles and capital needs. While LimeFX offers sizable first deposit bonuses, that bonus money cannot be withdrawn. Also, pricing for most services is slightly higher or on a par with other major forex brokers.
