LimeFX Review in 2024 Spreads & Fees Compared

I want to caution beginner traders against using a demo account as a full educational tool. It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value. Although it can be helpful, new traders should complete their education with a real money account before becoming overly confident. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.

LimeFX Broker Fees

If in the future LimeFX goes bankrupt, the FSCS can pay compensations to eligible clients. LimeFX has implemented a Secured Socket Layer (SSL) on all its websites and platforms. The SSL encryption protects data transmission between the clients’ workstations and LimeFX’s servers so that hackers limefx forex broker are kept out of the loop. This is very important because identity thieves and internet fraudsters might attempt to steal important user info such as credit card details, verification documents and users’ accounts. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.

Service Details

1. I like the trading environment at LimeFX, especially for high-volume traders using algorithmic trading solutions.
2. Our broker reviews are reader supported and we may receive payment when you click on a partner site.
3. An LimeFX No Dealing Desk Brokers determines the best execution means which can result in LimeFX acting as a market maker or using a dealing desk.
4. Commission-based pricing is applicable to Active Trader account types.
5. Overall, I find their educational tools to be very useful, and I appreciate the chance to access them with a few clicks on the broker’s website.

I think they have certainly achieved that as is evident by limefx review the fact they have been recognised with excellence awards multiple times. The awards are in several areas which include platform, customer support and market analysis. They are a global trading broker with offices in London, Johannesburg, Hong Kong, Athens, Paris, Sydney, Berlin and Milan. The brand also has affiliate offices in Toronto and Tel Aviv, Israel.

Swap-Free Account Fees

LimeFX provides customer service via toll-free numbers around the world in 42 countries in North and South America, Asia, the Middle East and Europe. The broker’s multilingual phone service and the live chat feature on its website are available 24 hours a day, 5 days a week. The number of tradable assets available is quite limited when compared to other brokers who offer thousands of assets, such as IG.

Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. This is perhaps the most widely used trading platform by forex and CFD traders around the world. It has thousands of tools and apps already developed that add extra functionality to the platform. It is available as a windows desktop downloadable application and also as mobile app for iOS and Android devices.

If you ever want to share any preferences or suggestions, we’d love to hear you out. You can always rely on our team to answer any questions and provide more information, so if you ever find yourself in need, do not hesitate to contact us. If you have any further questions or need assistance, please don’t hesitate to contact us immediately.

Vanya Gencheva and Joseph David both helped to get upscale the problem and the Techies have now solved it and I can trade again. As explained via Live chat 3 days ago, the trades were auto-closed due to expiration. As requested, we also tried to reach you via phone call but was not able to get a hold of you. Kindly reply Daniel’s email to discuss about your suitable time to talk and he will definitely ring you back to clarify any doubts from you.

You can also open a demo account to test the broker’s services and platforms before committing any funds. Also, institutional investors, retail brokers, emerging market banks and hedge funds can take advantage of LimeFX Pro. This high-end broking service gives institutional clients excellent pricing and access to the forex and CFD markets.