Fractional shares are also available to stock traders with less starting capital. We found the app offers seamless connection to the MetaTrader platforms, so any trades performed in the app will be automatically reflected in your desktop client, and vice versa. It also helps that we can access full account management features, including the members area, plus deposits and withdrawals. LimeFx boasts competitive fees with low spreads and no maintenance or deposit/withdrawal charges. The broker’s transparent fees and varied account types offer flexibility to orders.
Read our LimeFx Group Review and Learn More About a Forex Broker who Offers some Attractive Bonuses
The addition of personal account managers for each client further enhances the personalised trading experience. While LimeFx’s no commission spreads may not be the lowest, its commitment to providing a dynamic trading environment, coupled with strong customer support, positions LimeFx as a significant player in the global forex market. LimeFx broker has three account types for its many clients to pick from depending on their level of experience and also their preference. These accounts are the micro account, the standard account and the LimeFx zero account. Also for beginners and those who are new to the forex business, there is a specially designed demo account that will help them learn the basics of the business.
Customer Service and Support Features
- There is also a help center with useful information on common problems, including withdrawal issues, account validation queries, and software download problems.
- We found several features useful, namely the forex calculators, exclusive technical indicators and VPS hosting.
- The broker does not offer cryptocurrencies to trade, neither it allows cryptocurrencies as a mode of payment.
Dear Abdirahman,We are sorry to hear about your experience with our platform during the recent NFP news event. Ensuring customer satisfaction is paramount to us, and we take all feedback seriously. Please respond to our Find Reviewer request on Trustpilot with your account details so we can investigate your issue thoroughly and address your concerns.Thank you for bringing this to our attention.LimeFx Team 🚀BIG.
Forex Risk Disclaimer
However, the referral commission is transferred to your account only when your referee opens an account with the broker, deposits some funds and trades a specific amount. Clients also criticised the broker for its high spreads & commissions and poor customer support. Overall, the company seems to have failed to make a good impression on Trustpilot users. LimeFx’s mobile trading app has a convenient interface and a powerful search engine.
While the broker keeps its trading cost competitive, it neither charges any fee on deposits and withdrawals nor applies any inactivity or account administration fee. In order to help their clients make the most of LimeFx’s trade execution, the broker provides free VPS services. While trading at LimeFx, clients don’t have to worry about computer malfunction, power outages, or slow internet connectivity.
As a client moves up theirloyalty levels, they earn more LimeFx Points, which they can use to improve theirtrading experience. Overall, the fact that LimeFxis regulated by reputable authorities evidently showsthat it is committed to giving its clients a secure and transparent place totrade. LimeFx is regulated by CySEC, ASIC, FSC, DFSAand FSCA which are all well-known regulatory authorities, ensuring clientsecurity, capital requirements, and transparency. LimeFx offers free webinars presented by highly skilled forex professionals who joined forces under the guidance of the Guru to provide free interactive webinars available for anyone on the globe.
I have proof of these things in real time & I took time to observe everything closely about this broker to write this review. They just asked me to provide my ID & email to know if my review is legitimate & I did. If my account ends up getting hacked, everyone would know who has enough information to hack it.
LimeFx, a market maker, offers diverse account options including Micro, Standard, Ultra Low, and Zero Accounts. This review delves into the benefits of each account type, alongside LimeFx’s trading platforms, extensive range of CFDs, and low minimum deposit requirements. Our wide range of CFD trading instruments offers to our clients the power to choose easily and efficiently between stocks, forex, precious metals and several other asset classes.
Their business model is built around the belief that execution is everything when trading. From my experience, execution can play a big part in your trading results, especially if using a scalping strategy. In terms of execution speeds, comparable brokers include IC Markets. There are different trading platforms and flexible trading conditions provided for you to choose from, depending on your needs.
Whether you’re a beginner or an experienced trader, LimeFx Group offers a range of account types to suit your needs and preferences. MetaTrader 5 (MT5) expands on the capabilities of its predecessor, MT4, offering a comprehensive multi-asset trading platform. It’s suitable for traders looking to engage in forex as well as other markets like stocks, stock indices, and precious metals. LimeFx’s commitment to versatile trading is evident in its support of both MetaTrader 4 and MetaTrader 5 platforms, accommodating various trading styles.
Compared to other forex brokers who offer Islamic accounts, LimeFx’s offerings stand out. That is because most brokers will give Islamic accounts higher spreads. LimeFx, however, does not apply additional https://limefx.club/ charges on Islamic Accounts. When qualifying for free VPS, the broker will also take into account any other trading account(s) that a client registered by using the same email address.
Since the broker doesn’t have a custom-built desktop trading platform, clients may use the industry’s renowned trading platforms, MT4 and MT5, to explore financial markets. Clients can also use the broker’s own mobile trading app without compromising the need of mobility. Let us quickly share some features of the trading platforms offered via each channel.
👉 According to our research, LimeFx is an average-risk broker that has a high trust score of 84% and an overall rating of 9/10 as a CFD and Forex broker for Kenyan traders. Security, customer service, account financing, and minimal fees are some of the most important features that consumers look for in an online trading platform, and LimeFx provides them in abundance. LimeFx charges very competitive fees in terms of tight spreads and low commissions compared to its competitors. They also offer an abundance of excellent educational resources and trading tools. On top of that, you can get access to a free demo account to practice trading online risk free.
LimeFx’s proprietary trading platform refers to the company’s mobile trading app that is available to download from Google Play Store and App store. However, we also encountered limefx company reviews a few posts where clients accused the company of price manipulation. According to the posts, the broker follows a dealing desk approach while processing clients’ orders.