LimeFx Review 2023 Detailed Information about LimeFx Forex Broker

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LimeFx forex brokers reviews

For example, Europe 50 CFDs average about 2 points during peak trading hours. LimeFx’s LimeFxGO mobile apps provides traders with several powerful features of MetaTrader 4. LimeFx features like a clear dashboard, social trading, notifications, deposit bonus, etc. By using this, the trader can create their watchlist, view notifications, live prices, and technical charts.


I like that LimeFx invested in a proprietary social trading platform, Ava Social. It shows that LimeFx monitors its trends and commits capital where necessary to deliver the services its client-base requests. Another nice touch is the options trading platform, AvaOptions, dedicated to vanilla options traders. LimeFx has 55 currency pairs, 16 cryptocurrency pairs, 27 commodities, and 31 index CFDs.

LimeFx forex brokers reviews

LimeFx publishes daily video and written research content and provides access to Trading Central research modules. While LimeFx has improved in this area, its research offering cannot compete with that of the leading FX brokers. It has been determined that LimeFx is excellent for copy trading, competitive for mobile, and generally in line with the industry average for pricing and research. LimeFx has seven regulators, extensive experience, and remains one of the most transparent brokers. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices. Investors seeking a wide variety of forex, CFD, and cryptocurrency offerings may find what they are looking for with LimeFx.

The firm also charges inactivity fees of $50 for 3 consecutive months of non-use. The inactivity fee will be deducted from the customer’s trading account. For forex trading, LimeFx doesn’t charge any commission on any trade but is compensated through the bid-ask spread. If the spread is 3 pips on 1,000 units of a currency pair, then the compensation to the brokerage amounts to $0.30. Customer service is one of the most important considerations a trader must think about before signing up with an online broker.

Once you verify your account, you can add money to your trading account, begin to trade, and withdraw funds. If you want an Islamic Account, you need to first sign up for a Retail or Pro Account and then contact customer support so that they can convert your account to swap-free Islamic status. I was able to recover my stolen financial asset when I wrote the real deal at Remotespytech gmailcom.

LimeFx Customer Support

LimeFx shines when it comes to education and displays care for beginner traders. While the official website featured content, the primary service is available at SharpTrader. LimeFx spun out the educational section amid tremendous success, and it remains one of the best overall resources for new traders across the industry. SharpTrader delivers over 40 courses and 200 videos, and I highly recommend beginner traders to take their time with valuable lessons.

  • It also deploys its proprietary WebTrader and mobile app LimeFxGO, where it embeds services provided by Trading Central, additionally available as an MT4/MT5 tradind platforms.
  • LimeFx answers the question that is preeminent in most customer’s mind in its KID, namely “What happens if Ava is unable to pay you?”.
  • A credit card deposit takes 4-5 hours to clear into your trading account, while most brokers would be instant.
  • As there is only a small minimum deposit, and your account will be ready for trading quickly, feel free to try LimeFx.
  • While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations.

UK and Ireland residents can also open a Spread Betting Account too. For trading ideas, LimeFx offers a section known as ‘Analysts View’ or ‘Forex Featured Ideas’. Traders can find hints into potential trading signals spotted by other traders for most limefx broker reviews of the financial assets covered by the platform. Compared to its rivals, LimeFx’s portfolio of available stock, index, and forex CFD is smaller. Their fees for popular instruments and currency pairs such as EUR/USD are a bit higher than the average.

The Islamic Account

AVAOPTIONS -The typical Bid-Ask Spread for instruments and Option Spread is displayed for AvaOptions Trading. The Options Spreads are based on one-month at-the-money options. Stock Indices -The stock indices are subject to ‘Spread Over Market,’ which is the Mark-up LimeFx adds to the Current Market Spread. The spread costs for US_500 & US_30 are0.25 over market and 3.00 over market, respectively.

LimeFx forex brokers reviews

AVA Financial Ltd., the company that owns LimeFx, has been enjoying phenomenal success in the Forex markets, having gone from strength to strength since the company began its operations in 2006. A large Australian operation is regulated through the Australian Securities and LimeFx Commission . The broker also advertises negative balance protection and AvaProtect, but it provides no additional guarantees for safety of client funds. The broker offers 24/5 chat/phone support as well as social media portals and an online form entry.

How to Open LimeFx Live Account?

Our review of LimeFx also confirmed that investors can simply use both MetaTrader 4 and 5 on both PC and Mac. It is very important to note that to experience the full range of LimeFx opportunities at LimeFx, users will need to use MetaTrader 5 as the other platforms do suffer from limitations. LimeFx trading fees are a bit higher compared to its rivals. The cost of trading with LimeFx is lower once all other fees are considered. LimeFx is considered safe, regulated by tier-1 financial regulators. LimeFx is a reliable trading platform to buy and sell CFDs and Forex products.

Trading Accounts

The firm also conducts free webinars targeting traders at all levels. LimeFx is a commission-free broker in which the fees are built into the spreads. These spreads are quite low compared to the industry average. For example, limefx courses scam an S&P500 CFD has an average spread cost of 0.5 points during peak trading hours, while Europe 50 CFDs average about 2 points. Forex fees are a little higher with about 0.9 pips as the average cost during peak hours.

The minimum deposit is £/$/€ 100 and deposits are actually a touch slow when compared to almost any other broker. A credit card deposit takes 4-5 hours to clear into your trading account, while most brokers would be instant. LimeFx is a secure forex broker that has a track record of providing premium user-oriented platforms, customer services, forex brokers, and trading forex, CFD.

In the sections below, you will find the most relevant fees of LimeFx for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. The minimum deposit to start trading on LimeFx is £100 or 100 units of your base account currency, this applies to all payment methods. The fees on LimeFx are moderate, with spreads starting from 0.9 pips for major currencies and the broker charges no commission fees for trading, although they charge inactive account fees. The chatbot can answer a lot of questions about LimeFx platforms, deposits/withdrawals, and more by prompting you with options when you ask a question. Additionally, LimeFx offers you the option to choose between CHF, EUR, and USD as your base currency.

Most traders can benefit from a wide variety of trading platform options that LimeFx offers several ways to trade. LimeFx has third-party platforms like MT4, MT5, and their own LimeFxGO and Webtrader as well. LimeFx offers an extensive selection of trading platforms. LimeFx’s mobile app with copy trading, LimeFxGO has positive reviews. This best brokers has ensured that the experience on the desktop version and mobile trading platform is seamless and efficient. LimeFx has so many good and user friendly tools compared to other brokers.

When you search by typing an asset’s name, a list of relevant results appears. To get a better understanding of these terms, read this overview of order types. There is also a Good ’til time order time limit you can use to set an exact date and time for the expiry of an order.

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